Presidents Day Offer: Special Price on Historic Gold Coins & Free Silver Bar
Gold and silver moved higher late last week after softer-than-expected U.S. inflation data renewed expectations for Federal Reserve rate cuts later this year. Spot gold rose more than 1% last Friday, rebounding from a brief pullback earlier in the week. Meanwhile silver gained roughly 2.5%, recovering from a sharp prior-session decline. The cooler CPI reading helped ease market concerns sparked by stronger employment data supporting precious metals, which tend to perform well in lower interest-rate environments.
Amid these market developments, a widely shared forecast from Dan Oliver, founder of Myrmikan Capital, suggests gold prices could ultimately move significantly higher if central bank demand continues to rise. Gold has already climbed approximately 72% over the past 12 months, reflecting strong investor interest yet Oliver notes that historically gold played a far larger structural role on central bank balance sheets- roughly one-third to one-half of reserves. Based on this historical benchmark, he estimates that gold prices could range between $8,395 and $12,595 per ounce if central banks were to accumulate gold at similar levels. He points to rising stress in U.S. debt markets, lower confidence in U.S. Treasurys, and continued central bank accumulation as forces that could drive prices higher over time, potentially culminating in what he describes as a “government bond death spiral.” While no timeline was provided, the outlook has drawn attention from market observers, including Luke Gromen of market research firm Forest for the Trees, as interest in gold continues to build.
Due to popular demand last week, Goldline is extending the opportunity to purchase historic American gold coins at a special discounted price this week again. Additionally, when you purchase two or more of these historic American gold coins, you will also receive an American Flag silver bar for FREE.
Call 800-827-4653 to take advantage of this deal.
Below you can find news that may be influencing your investment decisions.
