Ira Bershatsky is founder and Managing Member at Advisor Metals, a boutique Gold IRA Specialist, uniquely qualified in the industry and focused on extraordinary customer care without high cost premiums.
Enjoying 44 years in the business, Ira is the only person in the physical precious metals industry with a Commodities Futures Trading Commission (CFTC) Federal registration, meaning that as an advisor, everything Ira says to his clients is factual and fully transparent, without the typical sales pitch or all too common hype.
Gold and silver have resumed their upward price movements again this week. And…buy the dip wins again!
Last week we wrote that the gold/ silver ratio was 89.45 and at that level silver usually makes an upward move. So far since that writing and as of this writing silver is up 3.3%. Gold is up 2.6%.
Wow, what a week! Market whiplash was on the menu. Buy the dip in gold wins again! The stock indices dip on Monday was reminiscent of October 19, 1987. James Baker, the US Treasury Secretary at the time, was at odds over currency valuations and interest rates with our trading partners. Push came to shove the following week and world markets tanked
Full Article →Yesterday, gold dropped $62.20 an ounce and silver dropped $1.35 an ounce. As of this writing, gold has bounced back over $30 per ounce and has rebounded above its 50-day moving average and continues to be well above its 200-day moving average. Both averages are what money managers and professional traders follow.
Full Article →Gold and silver each retreated in price today with silver down about 3% and gold down about .25%. The significance of the gold drop is not the change from yesterday’s close. The significance is that it reached an all-time high then reversed over $25 per ounce. Buy the dip!
Full Article →The June employment report was released this morning and showed a continued labor market slowdown. About 200,000 jobs were created in line with expectations though continuing a downward trend. The unemployment rate edged up to 4.1% which was the highest reading since October 2021. One less talking point for Joe Biden as he …
Full Article →You can’t keep a good market down. My mantra is that nothing goes up or down in a straight line. The physical precious metals this week showed that. As of this writing, gold is up .67% for the week and silver is up .50% while the Dow Jones Industrial Average (DJIA) is up .005% for the week.
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Something’s brewing and it doesn’t take a genius to see the signals and read between the lines… The three major stock indices, S+P 500, Dow Jones, and NASDAQ composite have had late afternoon declines five out of the last six trading days. The Dow Jones made a new all-time high on January 2, 2024 but the S+P 500 and NASDAQ Composite did not follow
Full Article → Ira Bershatsky is founder and Managing Member at Advisor Metals, a boutique Gold IRA Specialist, uniquely qualified in the industry and focused on extraordinary customer care without high cost premiums.
Enjoying 44 years in the business, Ira is the only person in the physical precious metals industry with a Commodities Futures Trading Commission (CFTC) Federal registration, meaning that as an advisor, everything Ira says to his clients is factual and fully transparent, without the typical sales pitch or all too common hype.
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