Letter From APMEX:
Dear XXXXX,
The United States Mint has suspended sales of gold and silver yet again. 2009 has seen an unprecedented demand for the 2009 Gold American Eagles and 2009 Silver American Eagles as investors have clamored to secure their assets and protect their wealth against the rising tide of inflation.
This suspension in sales is temporary as the U.S. Mint continues to produce these highly sought after coins. At APMEX, we have a very limited supply of both 2009 Gold American Eagle and 2009 Silver American Eagle coins in stock and ready to ship. Buy your gold and silver bullion coins now while they are still available in the marketplace.
Mint shortages have traditionally caused a significant increase in premium – however, at APMEX, we still have these coins available at very reasonable prices. Buy your gold and silver coins today before market conditions change more and prices are driven up from excessive demand.
The news from the U.S. Mint comes on the heels of the recent news of gold's all-time highs. It seems like every day, gold reaches a new high! Already this morning, gold reached $1,186.30 per ounce as investors continue to react to major financial news about gold.
News like this will only drive demand and prices higher, and supplies lower. Get your 2009 Gold American Eagle and 2009 Silver American Eagle coins at APMEX while we still have a supply to meet our customer's needs.
Buy your gold and silver online today at www.APMEX.com!
Respectfully,
David McCarty
Director of Marketing
American Precious Metals Exchange
Showing posts with label Scarcity. Show all posts
Showing posts with label Scarcity. Show all posts
A Case For Stockpiling: Should Food Be In Your Portfolio?
I know, it sounds weird to think about but should you consider food in your portfolio? Not companies that produce food like Conagra and Kraft, but actual literal, bust open the can and heat it up food. I am being slightly facetious as I know it is not considered an investment by any orthodox standard, but think about it. It has all of the fundamentals stacked against it: Increasing wages, increasing transport cost, increasing population, scarcity, susceptible to natural disaster, inflation, and the slightest disruption in the supply chain and the price shoots up nearly over night!
Consider: very few cities are well equipped for food production. Nearly the entire population depends on large truckloads of food to be delivered to super markets on a daily basis! Consider all of the above examples such as scarcity, susceptibility, and it is a surprise that crises do not occur on a daily basis in the same places. What am I getting at? Well, in case you have been asleep at the wheel, America is not getting more stable.
Just yesterday the FDIC admitted to being in the red by 8.2 billion, droves of people watch FDIC.gov every Friday to see if they have won the "How many banks will fail tonight" bet, Eliot Spitzer just called the Fed a ponzi scheme, China is angry at our fiscal policy, senators are calling for Timothy Geithner to step down, California is basically printing their own currency, Iran and Israel are going at one another like Spy vs. Spy, Gold is at new highs, 14.1% of ALL US mortgages are either in foreclosure or delinquency, and half a million Americans lose their jobs each month. If you think that sounds stable then I will have a drink of what you're having.
So, by stocking up on non-perishable food, you could avoid inflation, the additional transportation cost (fewer grocery trips), panic buying during disaster, waiting for trucks to bring stuff in, and a few other things that make this proposition look mighty tempting. It is just an idea to consider.
Consider: very few cities are well equipped for food production. Nearly the entire population depends on large truckloads of food to be delivered to super markets on a daily basis! Consider all of the above examples such as scarcity, susceptibility, and it is a surprise that crises do not occur on a daily basis in the same places. What am I getting at? Well, in case you have been asleep at the wheel, America is not getting more stable.
Just yesterday the FDIC admitted to being in the red by 8.2 billion, droves of people watch FDIC.gov every Friday to see if they have won the "How many banks will fail tonight" bet, Eliot Spitzer just called the Fed a ponzi scheme, China is angry at our fiscal policy, senators are calling for Timothy Geithner to step down, California is basically printing their own currency, Iran and Israel are going at one another like Spy vs. Spy, Gold is at new highs, 14.1% of ALL US mortgages are either in foreclosure or delinquency, and half a million Americans lose their jobs each month. If you think that sounds stable then I will have a drink of what you're having.
So, by stocking up on non-perishable food, you could avoid inflation, the additional transportation cost (fewer grocery trips), panic buying during disaster, waiting for trucks to bring stuff in, and a few other things that make this proposition look mighty tempting. It is just an idea to consider.
