Platinum Bullion – Is it the True Jewel to Own?

Interest in precious metals – particularly gold and silver bullion – has exploded in recent years.  Precious metals’ prices have been tremendously resilient, and growth in comparison to traditional financial vehicles like savings accounts, CDs and stock investments, has been remarkable. Investors however, often overlook the growing potential of platinum bullion, an oversight that may…

Happy Thanksgiving from Provident Metals!!

We wanted to take a moment and wish all of our valued readers and customers a Happy Thanksgiving!! Each year, we celebrate this wonderful holiday with family and friends, giving thanks for all of the joys and good things in our lives. Whether you’re traveling or staying home, be safe and enjoy your time with…

Gold Run Continues as Fiscal Cliff Nears

The U.S. Presidential Election is over – thank goodness – our attention is now fixed on what’s known as, “the fiscal cliff.” A little background on what the phrase fiscal cliff means. In the summer of 2011, the U.S. government had approached the borrowing limit, a boundary known as the debt ceiling.  At that time,…

How To Tell If Gold’s Bull Run is Ending

One debate that’s constantly raging is whether gold is in a “bubble.” Is the precious metal overpriced and due for a major, long-term correction? Or are the periodic pullbacks in gold prices a normal part of any long-term bull market? The position of gold “bears”—those who believe gold has reached the end of its bull…

Election Day Impacts Gold

Election Day is near, and we’ll be saying goodbye to the first month since June to record a decline in gold prices, October.  For buyers the month hasn’t been all that bad, considering last week holdings in gold-backed exchange-traded products reached record levels.  Many investors though, have been frustrated by gold’s failure to break through…

AOCS – The Bridge to a New Way of Trade?

Have you ever browsed our online store, come across a coin labeled AOCS Approved and scratched your head wondering what in the world that means? The American Open Currency Standard—widely known as AOCS—was developed to allow gold, silver and copper to be used in commercial trade and barter. (Coins that are AOCS Approved should not…