For those looking for insights about where to allocate capital in the near term, this information should prove valuable.
The other main story these days is “Inflation”. While the official inflation numbers reported seeming to stay in a range of 1.5 - 2.5%, commodity items are up sharply across the board.
One of the most recognizable coins not only in the United States, but also around the world.
Looking at the 1-yr mark, we see gold is up 1%, silver up 62%, platinum up 52%, and palladium up 22% since this time last year.
Amidst growing awareness of what buying into such unallocated holdings of precious metals really means for investors, there has rarely been a better time to own physical precious metals than right now.
For the 1-yr time frame, gold is up 6%, silver up 66%, with Platinum pulling ahead of silver, up 67% from a year ago. Palladium is up a strong 22%.
The U.S. dollar and dollar-based assets have been losing ground in the reserve asset category.
While proposed tax increases come carefully worded to give the impression of affecting only the wealthy among us, taxes have, in fact, already gone up for most Americans.
For the 1-yr period, Gold is up 7%, Silver is up 73%, Platinum is up 65%, and Palladium is up 13%.
For 2021, the Royal Canadian Mint has released a suite of unique coins that are now available to clients of the United States Gold Bureau.