Gold News! 2019 Gold Price Bounces: Seeks $ 1360 Resistance Level. Buy Gold and Silver.
Gold: $ 1307.50 Silver: $ 15.31 Platinum: $ 905.00 Palladium: 1398.00
Dateline: Del Mar, CA: Wednesday, April 10, 2019
2019 Gold Price Seeks $ 1360 Resistance Level:
First National Bullion Manages three, local and regional ‘brick and mortar’ retail locations:
San Diego, CA: 4885 Convoy Street 92111
Del Mar, CA: 1125 Camino Del Mar 92014
Scottsdale, AZ: 10223 N. Scottsdale Rd: 85253
Our shops have seen significant upticks and increase in the numbers of savvy investors coming in to buy and hold gold bars, coins and bullion.
There are plenty of reasons why the astute and informed investor is shifting larger and larger portions of their portfolio to gold. A few important items to consider are:
Decline in Bond Yields and the Inversion Curve: there are some pretty significant yield curve losses that have occurred in the 1st quarter of 2019. The biggest shift has been the emergence of the ‘Yield Curve Inversion’. (FNB has addressed this issue in the past and will revisit this topic in long detail in future sessions)
Weakened Dollar: the US dollar is under assault as the single provider of ‘reserve currency status’ for global markets and satisfaction of global trading requirements
Central Banks Hoard Gold and Silver: FNB has covered this topic in intricate and important detail (CF: FNB series on: “Central Banks Hoard Gold and Silver”)
Fear Factor: so many people and institutions and financial gurus and pundits push for the collapse–the imminent collapse of national and global economies now. The ultimate safe haven and backstop = purchase and hold physical gold and silver coins, bars and bullion
Trade Deals: the United States of America is literally rewriting and re-routing all trade agreements. As these historic, trading arrangements unwind and unravel, gold becomes a necessary place holder for nations to default to for the purpose of protecting their interests
Supply Shortage: this is a big cautionary reminder that mines and miners globally are finding gold supplies more difficult to find and then work and then scale. Production quotas and quotients continue to see steady declines as sources for gold become more difficult to excavate
Jewelry and the Love of Precious Metals as Adornment: no doubt, a big factor that pinches and claws at gold prices is the very nature of gold as an adornment. Men and women globally love to purchase fine jewelry and to wear these proudly
Resistance Level: $ 1360 is the pivot point. Investors globally look and believe in 2019, gold will test and then crest through the historical resistance level of $ 1360 USD per ounce. This is a mile-marker to look for and is a signal that gold could see historic price gains if and as that resistance level is reached and then crested
NB strongly urges all savvy and thoughtful investors to ramp up their physical gold coin, bar and bullion holdings. FNB invites all to visit our website:
www.firstnationalbullion.com
FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Jon Cavuoto,
Founder and Owner,
First Nation Bullion
For direct consultation with a gold and silver expert contact FNB:
inquiry@fnbcoin.com
1-800-745-7979