Monday, June 28, 2010

Since 1964! Our first TV ad -- from 1991 -- Numis buys your gold and silver -- instant cash -- no waiting.

Dear friend,
Here is one of our first TV ads from 1991 - 19 years ago (I updated it slightly since then)!

Among the many services we provide at Numis is one that you will most appreciate when you need instant cash:  We buy any jewelry containing gold, silver, and other precious metals -- even broken pieces.  Just bring in your item for an instant quote, and instant cash.

Here's the link:
Numis 197

All the best,
Al

Tuesday, June 1, 2010

Historical ratio of Gold versus Silver - very high right now.


Hello!
It's been a wild ride lately in the precious metals markets!

Many investors now see silver as very cheap in comparison to gold.  The ratio between silver and gold has historically been about 45 to 1 over the last century; currently the ratio is 66 to 1. Yes, gold prices are historically at record highs, so we may be in for a slight correction in the short term with gold as some take profits, but I think in the long term investors will hold their gold, and gold prices can only go up. The current price of gold is not surprising to me, given the economic and governmental currency unrest around the world.  Where else is safer place to put your cash?
Silver can only benefit from this situation.  Silver remains historically LOW price compared to gold, other precious metals, and commodities.
Some call silver “poor man’s gold”.  When investors can’t afford, or don’t want to afford, gold at such high levels, they turn to silver, and silver prices go up.  If the silver market was to see investment funds start to enter, the ratio could even reach 15 to 1, which is something that occurred in 1968 and 1980.  That would mean $50 silver.
The ratio most recently was almost 80 in the middle of 2008.
Already there are clear signs over the last few months that people around the world are aggressively adding silver to their investments after seeing record gold highs.
I expect the new industrializing countries like Brazil, China, India, and Russia to become much larger consumers of all commodities, including silver.
Don’t miss out on this wave!
All the best,
Al