Silver Gains 18% in August

Are you missing out on the real, hard won, solid gains going on in the Silver and Gold Bullion markets today?

You never hear the media raving as Silver gained 18% in August 2020. Let me repeat that, Silver has gained 18%—not in a last year— but 18% in the past 30 days of August. What a time to own precious metals!

When Silver finally broke through resistance at $28, it became obvious that Silver really and truly is back in a bull market. We’re felling that Sikver is destined to exceed Silver’s all time 2011 high of $48.58

Ditto for Gold steadily marching past all-time highs and sustaining at levels well above $1,900 an ounce in August.

It wasn’t that long ago that I was recommending Gold at $262 an ounce. Sometimes I was pleading, even begging friends and clients to hoard away more Gold Bullion Coins. 

Some readers jumped in and bought $100,000 in Gold Coins. Today that wise Gold investment is worth more than $700,000. 

Looking back, I feel the most successful of our clients—quite a few who invested a million dollars or more—did best when they locked up half in Silver Dollars and half in Gold Bullion Coins. Right now I’m loving the 18% gains in Silver in August and recommend it highly. Silver is trading well, well below the all-time high. Silver is playing catch up with Gold.

Box of 500 Silver American Eagles
Box of 500 Silver American Eagles

What’s right for you. It all depends on where prices are when you’re ready to buy as to whether Silver or Gold appear to be the Best Buy. I recommend you ask an Austin Rare Coins bullion expert by calling 1-800-928-6468.

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