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Concern Over Milk Spots on Silver Maples is Addressed by the RCM. Kind Of.

December 19, 2013 Uncategorized

The Royal Canadian Mint has been under fire for selling Silver Maples that have noticeable milk spots — attributed to the process of cleaning and preparing planchets. The mint’s official position on the problem has basically been this: Silver Maples are one ounce silver coins made primarily for investing, not collecting. The spots have been…

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Fed Announces Slight Taper Plans

December 18, 2013 Uncategorized

Following its much-anticipated two-day meeting, the Federal Reserve announced today that it will begin a moderate taper of its bond-buying program beginning in January. Rather than a monthly bond purchase of $85 billion, the Fed will now purchase $75 billion in bonds monthly. Further, the Fed announced in a press release it would keep short-term…

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12 Days of Christmas: Gifts for Serious Stackers

December 17, 2013 Uncategorized

Serious precious metals investors know what they want: a trustworthy dealer, low premiums, and a variety of choices. Provident Metals offers all this — and industry-leading shipping prices! Here are some ideas for the serious stacker in your life on Provident Metals’ last day of Christmas gift-giving guide: 2014 Horse Privy 1 oz Canadian Silver…

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12 Days of Christmas: Gifts for Gold Lovers

December 16, 2013 Uncategorized

There is nothing like the gift of gold for Christmas. These coins and bars will make your beloved’s eyes glitter with joy in Provident Metals’ 11th day of the gift-giving guide. Mexican 2 Peso Gold coin The peso includes .0482 troy ounces of pure gold and features a portrait of Mexican hero Don Miguel Hidalgo….

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Gold Slides to Five-Month Low on Strong Jobs Numbers

December 13, 2013 Uncategorized

In our last market analysis, we noted that gold continued to struggle. After bottoming at around $1170-$1180 in June, the metal rallied to retest resistance levels of $1350 in late October. Since this peak, gold has slid back to the low-mid $1200 range on a variety of factors, the most notable being jobs and Fed…

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12 Days of Christmas: Gifts for Silver Stackers

December 13, 2013 Uncategorized

A silver stacker is happiest with the gift of silver. Brighten your favorite investor’s holiday with these fine choices from Provident Metals with our 10th day of Christmas gift-giving guide. OPM 1 oz Silver Bullion Round For the silver investor focused on accumulating as much as possible, these rounds from Ohio Precious Metals can’t be…

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