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WCM, Wexford Capital Management

Wexford Capital Management, WCM

Precious Metals Bullion Coins and Bars for Sale by WCM

 

WCM's Low Premium Bullion Coins and Bars

 

Wexford Capital Management, whose Principal was a registered investment advisor from 1985 to 2005, prides itself on offering investment products at very competitive prices over the Internet.  We have reduced our overhead by using this electronic medium, and we intend to pass on the majority of those savings to you, our valued clients.  We charge a 1.1% commission or mark-up over our cost from our wholesalers on Gold Bullion products, a 1.7% commission on Silver Bullion products, and a 1.5% commission on Palladium and Platinum Bullion products, both coins and bars.  Minimum order size, per invoice, is currently $10,000 on both sales and buy-backs.

Listed below are representative prices for the Bullion Coin and Bar products that WCM is currently recommending to clients based on portability, refined purity, market liquidity/ acceptance, and existing premiums over melt.  As one can observe, WCM total premiums over melt or weight-adjusted spot prices are approximately 45% to 20% below that of most coin or bullion dealer offerings.  Reduced transactions costs always benefit the investor right from the outset.


With both U.S. credit and equity markets exhibiting stressed and overvalued conditions, it is a prudent investor who searches for avenues to diversify his/her portfolio into tangible, hard assets, such as precious metals, that  possess the following characteristics:

1.  Negative or weak correlation to price movements in the financial markets, especially the stock market.

2.  A millenniums-old medium of exchange or monetary unit that does not represent any government's liability or ability to repay; confidence in issuing entity is 100% due to ability to assay precious metals for purity.

3.  Reasonable portability should the need arise for transfer during a time of crisis; shipping and handling costs not the detriment suggested by the financial press.

4.  Well-established intermediaries exist for long-term storage and insurance if holdings do not fit in safe deposit boxes or secluded sites controlled by investor.

5.  An asset class that was in a bear market for over 22 years, that was oversold, disdained by Wall Street, and now exhibits signs of physical accumulation while breaking out to new multi-year highs.

6.  Excellent liquidity with bullion markets trading continuously around the globe 23 hours per day and with no determination of market value required by investor upon resale.

7.  An asset that central banks will increasingly use to shore up confidence in sagging fiat currencies as excessive monetary and fiscal policies cause major paper money devaluations going forward.

8.  An asset that has retained its purchasing power during both inflations and deflations, a key characteristic in a time of domestic Dollar devaluation.


Broker's Note, Year's End 2014 (December 31, 2014):  

So much for my interest rate forecasts for 2014 ..... but I steadfastly believe the massaged, manipulated, and falsified statistics coming out of Washington about the U.S. economy are way off the mark.  We continue to be in recession in the United States, if not depression, and no hedonic adjustments are going to change that fact for the Man-In-The-Street.  When Central Banks suppress interest rates with misguided Monetary Policies for over 6 years now such that the riskiest credits such as Greece, Italy, & Spain as well as Corporate Junk Bonds catch bids close to U.S. Treasuries (also mispriced!!!), then yield-starved investors around the world WILL CHASE YIELD AT ANY COST REGARDLESS OF ISSUER RISK.

However, hold the phone, this ingredient for debt pricing, CREDIT DEFAULT RISK, has come back into vogue with a vengeance in 2014 and will continue to do so in 2015.  Junk bonds have had negative returns in 2014, and now Emerging Market Debt is headed into negative territory as well.  Eventually every dog has its day, and bond buyers during this DEBT EXPLOSION PERIOD, from the Spring of 2009 to today, will have more than Buyer's Remorse.  It will be the greatest loss of wealth in the history of the world.  Stay tuned.

THE WORLD'S FINANCIAL SYSTEM IS WORSE OFF TODAY THAN IN OCTOBER OF 2008 AFTER THE LEHMAN COLLAPSE.  I challenge anyone to prove me wrong on this point.  When Sovereign Treasuries and Central Banks expand their balance sheets by purchasing both private and Domestic State debt to attempt to keep their banking and economic systems afloat, they have added no less than $15 Trillion to GLOBAL DEBT from that fateful Autumn.  Add in another $20 Trillion at the private, corporate level and you have a system, globally, that is more precarious to Sudden Shock via BLACK SWAN DEFAULTS than ever before.  Hence, my forecasts regarding the Safe Haven (yes, they still are!) Monetary Metals of Gold & Silver are predicated upon a Financial / Economic Collapse, now some time in 2015, that is precipitated by DEBT GOING BAD IN A BIG WAY THAT HAS A DOMINO EFFECT THROUGH THE CHAIN OF OWNERSHIP AND VIA CREDIT DEFAULTS SWAPS WITHOUT SOLVENT COUNTER-PARTIES.

Geeze, Louise, more debt to cure a Debt Implosion all the way back in 2008!  Kind of like giving a "recovering" alcoholic keys to the liquor store down the street.  The state of the World financially, fiscally, and economically is truly worse off today than 6 years ago.


Furthermore, ObamaCare virtually guarantees further economic decline for America until it is repealed.  And you can take that to the Polls in 2016.  In fact, I think Economic Activity around the globe will be firmly in retrenchment by then, so an angry electorate, angrier than most Americans in November of 2014, will voice their displeasure in record numbers.

Even with losses in 2014 due to CONTINUED short sales in the Gold & silver futures markets while physical demand soared Once again around the world, THE LAST 14 YEARS IN TOTAL HAVE BEEN VERY GOOD FOR PRECIOUS METALS INVESTORS:

Gold HAS STILL PROVIDED AN annUAL COMPOUND RATE OF RETURN over a 14-year period OF 11.11%, while Silver HAS PROVIDED AN ANNUAL COMPOUND RATE OF RETURN OF 9.33%.  Y
ikes, Gold and Silver still beat Stocks and Bonds by multiples of appreciation* ..... EVEN WITH A U.S. FEDERAL RESERVE DOING EVERYTHING TO SUPPRESS THEIR PRICES AND DISCOURAGE PURCHASES!!!

 

     

14-Year

2014 Year-End 14-YEAR Compound
Gain/(Loss) 2014 Cumulative Rate of
 

London Fix

GAIN

Return
       
GOLD   Au  
(0.2)% $1,199.25 337.0% 11.11%

SILVER

  Ag  
(18.1)% $15.97 248.7% 9.33%

Platinum

  Pt  
(10.8)% $1,210.00 95.5% 4.9%

Palladium

  Pd  
12.2% $798.00 -16.5% -1.3%
       


* S&P 500 with Dividends Reinvested from January 1, 2001 to December 31, 2014 provided stock investors ONLY a 5.1% Compound Rate of Return over those 14 very trying years!!  Was it worth it??  Adjusted for low-balled CPI:  2.9% per annum, WHOOPPEEEEEE!

FOR 2015, Wexford Capital Management forecasts a high for Gold of $1,957 per ounce and for Silver of $27.75 during the year.  I once again feel that this is a very conservative forecast based on the fundamentals for these two Monetary Metals, but I will err on the stealth recovery side this year. 

As faith in America and American markets fades around the world as a fair and efficient place to risk money, the influence of the Comex/Nymex will fade also in the daily price discovery process for setting both Gold and Silver prices; just watch the trading volume growth of the Shanghai Exchange alone!  Money goes where it is treated best, period.  Financial power is shifting away from Excessive Debt-Ridden & Money Printing America and EuroLand in the West to the ever-prudent savers in the East who have centuries of experience with substituting Gold and Silver for failed domestic currencies.


********************************

Prudent investments in precious metals today are indeed, as in every other major turning point in history, very cheap insurance against the economic and financial collapse in the monumental adjustment period that we currently find ourselves within.  No economic or financial system in the history of man can withstand an evaporation of Tens of $Trillions of purported "assets" without seismic consequences to the surrounding financial, economic, and societal structures.

When the Powers That Are forestall the inevitable re-balancing / adjustment process through ultra-cheap money first from Alan Greenspan, then Ben Bernanke, and undoubtedly Janet Yellen in lockstep with persistent/$Trillion Guarantees/Bail-Outs from the U.S. Treasury, Congress and FEDERAL RESERVE, the net result is an inevitably more dire one for the constituents for whom they act.   Hundreds of years of history support my perspective and conclusion.  "This Time Is Different" will not rewrite the lessons of such historical precedents in human history.

It will not be business as usual in the years ahead, PERIOD.    A severe recession followed by an inevitable Depression with widespread debt repudiation is already in progress for all with a pulse to see.  He who fails to act will be financially devastated along with the coffers of the country within which he or she resides.

Buy a prudent allocation of precious metals and take physical possession.  The traditional allocation of 10% to 15% of investment assets is now obsolete due to the enormity of the Tens of $Trillions of Global Debt and Equity that will evaporate in the years ahead.  PHYSICAL GOLD, SILVER, PALLADIUM, AND PLATINUM are no one else's liability, unless you acquire them in paper, "promise-to-deliver" instruments.

THE ONLY WAY TO AVOID BEING DEVASTATED FINANCIALLY DUE TO THE RAPIDLY UNFOLDING financial and economic depression IN 2015 IS TO INVEST DEFENSIVELY IN TANGIBLE ASSETS in physical form.  ALL FINANCIAL AND PAPER ASSETS MUST BE ANALYZED GOING FORWARD TO DETERMINE THEIR "ABILITY TO RETURN PRINCIPAL UPON DEMAND".  And governments break "promises" almost as fast as they make them.






Low Overhead Equals Excellent Bullion Prices for Investors

 


The prices listed below are representati
ve only. All premiums over melt or equivalent bullion values (based upon current spot prices) can fluctuate significantly due to often rapidly changing conditions in the gold and silver bullion markets.  WCM will update this pricing schedule when significant spot price changes occur in gold and/or silver bullion to materially affect the current premium values over melt for the Bullion Products shown.  We consider these premiums to be key in pricing these products.  

Please email me at deals@goldsilverbullion.com or call me at 877-855-9760 for a current price quotation You can also check Intra-Day Price Updates at:


or obtain WCM Bullion Product Prices for any given spot price at:


Premiums could be higher or lower than those shown below based upon the then current gold and silver bullion market conditions.  In most cases, WCM quotations include shipping and insurance charges.  As a result, it is likely WCM's bullion product prices will be nicely lower than the majority of bullion dealers.  Just check around.


PLACING AN ORDER WITH WCM:


A firm order is required to lock in an invoice price per item with our low-cost distributors.  Minimum transaction size of $10,000.

I.  Contact information to include name, shipping address (signature required upon delivery), and daytime telephone number are required via email or fax prior to price locks by WCM.

deals@goldsilverbullion.com (fax: (866) 611-3526)

   OR just complete our
Bullion Purchase Request Form:


II.  THEN call (877) 855-9760 to confirm order placement.

III.  We will then lock your order's prices with our distributor and send you a WCM Invoice for your purchase by email in either MS Word "doc" file or Adobe Reader "pdf" file format.

IV.  You will be notified by email upon payment receipt, when funds clear with an estimated ship date, and the day of shipment with confirmation to be followed by either Registered Mail or UPS tracking info.

Minimum transaction size of $10,000 on both sales and buybacks.


Please read the WCM Terms of Sale before placing an order.




SELLING BULLION TO WCM:

Please click the link below for a detailed explanation of the Buy-Back process,

 


HOURS OF OPERATION:
Monday thru Friday,
8:20 am to 6:00 pm
Eastern Standard

Bullion Trading Hours -
9:00 am to 5:50 pm
Eastern Standard


Minimum Order Size of $10,000

Examples of Minimum Order Sizes:

8x Ounces of Gold or  500 Ounces of Silver
or One-Half Bag 90% Junk Silver
or 12 Ounces of Palladium or 7 Ounces of Platinum
or COMBINATION of Items to $10,000 Minimum

 




General questions and quotations can be most readily 
handled by email. 
deals@goldsilverbullion.com

Don't forget to use the pricing
spreadsheet at the following link:

We will try to respond to everyone's inquiries in a timely
and thorough manner.  We value your business.






Examples of Minimum Order Sizes:

8x Ounces of Gold or 500 Ounces of Silver
or One-Half Bag 90% Junk Silver
or 12 Ounces of Palladium or 7 Ounces of Platinum
or COMBINATION of Items to $10,000 Minimum



Date & Time - DAILY UPDATE

5/22/2015 @ 2:35 pm EDT

SPOT GOLD

$1,205.10

SPOT SILVER

$17.13

SPOT PALLADIUM

$787.00

SPOT PLATINUM

$1,149.00


Bullion Purchase Request Form

 

Click on Images for Bullion Product Details

 

Product Description

WCM SELLING
  PRICE

Premium
Over Melt

WCM BuyBack
  Price

Au

GOLD

1.1% Over

   
 

$1,205.10

Cost

   


American Buffalo Gold Coin, 24 karat, One Ounce, Product Detail
Delivered
 

American BUFFALO Gold Coin, 24 karat 
- One Ounce, Prior Date
s Only 
  

$1,262.92

4.8%
$57.82

$1,221.51

Note

GOLD VOLUME DISCOUNTS 
All Gold Bullion prices shown as "Delivered".


For 50 Oz. or more of Gold, $2.00 Discount per Ounce.

For 100 Oz. or more of Gold, $3.00 Discount per Ounce.

For 200 Oz. or more of Gold, $4.00 Discount per Ounce.

American Eagle Gold Bullion Coin, 1 Troy Ounce, 22 karat Gold
Delivered

American Eagle Gold Coin
- One Ounce

$1,257.43

4.3%
$52.33

$1,223.49

Canadian Maple Leaf Gold Bullion Coin, 1 Ounce, 24 karat Gold
Delivered

Canadian Maple Leaf Gold Coin 
- One Ounce

$1,245.15

3.3%
$40.05

$1,206.68

S. African Kruggerand, 1 Troy Ounce, 22 karat Gold same as American Eagle
Delivered

S. African Krugerrand Gold Coin
- One Ounce
/ PRIOR DATE 

$1,253.24

4.0%
$48.14

$1,203.71

Austrian Vienna Philharmonic Gold Bullion Coin, 1 Ounce, 24 karat
Delivered

Austrian Vienna Philharmonic Gold Coin
- One Ounce, Prior & 2014

$1,265.55

5.0%
$60.45

$1,203.71

Australian Kangeroo Gold Coin, One Ounce, 24 kt, 2010
Delivered

Australian Perth Mint Kangaroo Gold Coin
- One Ounce, 2015 Date

$1,250.20

3.7%
$45.10

$1,201.73

PAMP-Suisse Gold Bullion Bar, One Ounce, 24 karat
Delivered

PAMP-Suisse  Registered Gold Bullion Bar
- One Ounce, 24 karat
 

$1,243.13

3.2%
$38.03

$1,196.79


 Perth Mint Gold Bar, One Ounce, 24 karat, IngotCard
Delivered
 

PERTH MINT  Registered Gold Bullion Bar
- One Ounce, 24 karat, IngotCard Packaging

IRA QUALIFIED

$1,237.06

2.6%
$31.96

$1,196.79

Perth Mint Gold Bar, One Ounce, 24 karat, IngotCard
Delivered

PERTH MINT Gold Bullion Bar
- TEN Ounce, .9999 Purity/ 24 kt./ Registered / IngotCard

IRA QUALIFIED

$12,292.24

2.0%
$24.12

$11,868.99


Comex Refiner Kilogram Gold Bar, 32.15 Troy Ounces
Delivered
 


Comex KILOGRAM Gold Bullion Bar
- 32.15 Ounces, 24 karat
Comex Approved Refiner /
Pamp-Suisse, RCM, J-M

$39,316.42

1.5%
$17.81

$37,873.09

Ag

SILVER

ASK

Premium

BID

 

$17.13

1.7% Over
Cost

   


Silvertowne Buffalo Nickel Design SILVER ROUND, One Ounce, Obverse Thumb
Delivered
 


Great American Mint
Silver ROUND - One Ounce 
Fraser Buffalo Nickel Design
 
500x Coin LOT Pricing
 

$18.18

6.2%
$1.05

$16.94




 

SILVER VOLUME DISCOUNTS *

For 10,000 Ounces or More of SILVER

For 20,000 Ounces or More of SILVER

For 30,000 Ounces or More of SILVER

 


Volume Discounts

$0.05 Off per Ounce

$0.08 Off per Ounce

$0.12 Off per Ounce


Silvertowne Buffalo Nickel Design SILVER ROUND, One Ounce, Obverse Thumb
Delivered
 


Highland Mint
Silver ROUND - One Ounce 
Fraser Buffalo Nickel Design
 
 

$18.05

5.4%
$0.92

$16.94


Republic Metals TEN OUNCE Silver Bar, .999 Pure Ag
Delivered
 

Republic Metals Silver Bullion BAR - Ten Ounce, .999 Pure Ag
IRA Qualified Refiner

$180.03

5.1%
$0.87

$169.37


Sunshine Minting TEN Ounce Silver Bullion Bar
Delivered
 


Sunshine Minting
"Flying Eagle" Silver Bullion BAR
- Ten Ounce, .999 Pure Silver
50x Bar LOT Pricing
 

$181.33

5.9%
$1.00

$169.37


Republic Metals 100 Ounce Silver Bullion Bar
Delivered
 

Republic Metals
100 Ounce Silver Bullion BAR
.999 Pure Silver

IRA Qualified Refiner

$1,785.04

4.2%
$0.72

$1,688.79


JOHNSON-MATTHEY 100 Ounce Silver Bar, .999 Pure Ag
Delivered
 


100 OUNCE Silver Bullion BAR
- Johnson-Matthey
5x Bar LOT Pricing, NEW Bars
In any size lot: 5 cents plus per oz.

.999 Pure Silver
IRA Qualified Refiner
 

$1,798.06

5.0%
$0.85

$1,686.79


American Eagle Silver One Ounce Bullion Coin, Silver Maple, Silver Philharmonic
Delivered
 

American EAGLE Silver Coin
- U.S. MINT
, One Ounce /

2015 Date

$19.80

15.6%
$2.67

$18.71

Note


- 1x Box / 500 count
(non-Box quantities available in 20x coin rolls)

 

$9,900.50

15.6%
$2.67

$9,353.25


Austrian Mint Silver PHILHARMONIC Coin, One Ounce
Delivered
 

Vienna PHILHARMONIC Silver Coin
- Austrian Mint, One Ounce /

2015 Date

$19.27

12.5%
$2.14

$18.21

Note


- 1x Box / 500 count
(non-Box quantities available in 20x coin rolls )

 

$9,636.08

12.5%
$2.14

$9,107.50


 Canadian Maple Silver Bullion Coin, One Ounce, .9999 Purity
Delivered
 


Canadian
MAPLE LEAF Silver Coin
- Royal Canadian Mint
, One Ounce
2015's, .9999 Purity Silver
 

$19.27

12.5%
$2.14

$18.21

Note


- 1x Box / 500 count
(non-Box quantities available in 25x coin rolls )

 

$9,636.08

12.5%
$2.14

$9,107.50


90% Junk Silver Bag Product Detail
Delivered
 

90% Junk Silver Bag - 715 Troy Oz.,
FULL BAG, $1,000 Face Value
/ DELIVERED
Dimes or Quarters

$13,256.04

8.2%
$1.41

$12,637.15


90% Junk Silver Bag Product Detail
Delivered
 

90% Junk Silver Bag - 357.5 Troy Oz.,
HALF BAG, $500 Face Value
/ DELIVERED
Dimes or Quarters
 

$6,628.02

8.2%
$1.41

$6,318.58

Pd

PALLADIUM

ASK

Premium

BID

 

$787.00

1.5% Over
Cost

   


Canadian Maple Leaf Palladium, One Ounce, 2006
Delivered



Canadian Maple Leaf PALLADIUM Coin
- One Ounce

$831.87

5.7%
$44.86

$770.27


PAMP-Suisse Palladium Bar, One Ounce, .9995 Pure Pd, Reverse
Delivered
 

PAMP-Suisse PALLADIUM Bullion Bar
-
One Ounce 

$807.36

2.6%
$20.36

$760.42


PAMP-Suisse Palladium Bar, 10 Ounce, .9995 Pure Pd, Obverse / Front
Delivered
 


PAMP-Suisse PALLADIUM Bullion Bar
- TEN OUNCE


$8,069.25

2.5%
$19.93

$7,554.95

Pt

PLATINUM

ASK

Premium

BID

 

$1,149.00

1.5% Over
Cost

   


American Eagle Platinum Bullion Coin, One Ounce
 


American Eagle Platinum Coin,
Any Date - One Ounce

 

$1,221.62

6.3%
$72.62

$1,146.39

PERTH PLATYPUS
One Ounce
PLATINUM
Coin,
.9995 Pt

Perth Mint PLATYPUS PLATINUM Coin, One Ounce, .9995 Purity

$1,201.21

4.5%
$52.21

$1,126.69



PAMP-Suisse Platinum Pt Bar, One Ounce, .9995 Pure
Delivered

 

PAMP-Suisse or Johnson-Matthey Platinum Bar - ONE OUNCE 

$1,200.60

4.5%
$51.60

$1,111.92

 

Bullion Purchase Request Form

 





Better Business Bureau Reliability Program Online for Wexford Capital Mgmt.




( Input current or your own target spot
prices and see WCM recalculated
bullion product prices. )




  
 

NEWS FROM THE FRONT, May 17, 2015

I want to encourage all of my loyal readers to visit David Stockman's economic commentary pages at:  http://www.davidstockmanscontracorner.com.  As a former Chairman of President Reagan's Economic Council, Mr. Stockman is more than qualified to comment and invite contributors' articles on the sad state of affairs known as the United States AND the global financial system & global economy today.  Plus, I agree with the vast majority of statements and positions he takes with the exception of foreign policy where David is a bit of an isolationist, a posture that has allowed ISIS to expand its deadly grip upon the Middle East with the massacre of thousands of innocents.  David writes daily, and I will probably be writing less and less into the future as I re-direct my attention to other matters at hand.  I have been writing commentary on precious metals almost uninterrupted since 1999, and it is no longer much fun hearing myself sound like a broken record.

The price action in both Gold and Silver over the last several weeks has been very positive and constructive to a resumption of the Year 2001 Super Bull Market in Precious Metals; no, we have not exited this bull market, we have just experienced an interim bear that will cause the vast majority of weak hands to exit.  Although the common belief is that Gold leads Silver in price behavior, I think we have entered a period where Silver will be the leader.  Once Silver can stay above $17.50 for at least a trading week, I think we are off to the races again; the $18 level is an even better resistance/support level.  Granted, chart analysis is not a panacea for successful investing, but is another tool that can give one some idea as to where prices may be headed in the near term.  We have been in a consolidation zone in the precious metals for over eight months now, and significant accumulation of both Gold and Silver has occurred during this time.  These two monetary metals are now held in the strongest of hands and most of the sellers have been washed out at this point.  India, China, and Russia, to name just a few who are massing significant Gold reserves (and China likely is hoarding Silver as well due to its history with this monetary metal) to back their currencies with as the Dollar slowly or abruptly loses Currency Reserve Status around the world.

Not to mention the fact that the Dollar has retraced a solid 7% on the DXY over the last several weeks from its Prettiest Witch in the Gaggle of Currency Witches high of around 100 that lasted about 3 seconds.  It is not mandatory that the Dollar be in a freefall for both Gold and Silver to advance toward their price targets of over $5000 per ounce for Gold and $180 per ounce for Silver.  But the Dollar will decline in terms of Gold and Silver in the years ahead, no matter what the Greenback itself does over this time.  Those targets are more firm in my mind than ever since the $200 Trillion in debt that the world has added to its gigantic Debt Burden since Fall, 2008 is going to end very badly in the declining economic environment we are firmly within.

JP Morgan has had much to do with the suppression of Silver prices since 2011, and I strongly suggest that you do a Google on Morgan's hoard of silver to get a very good idea as to the reason why.  They are making the Hunt Brother's look like paupers in the sheer size of the silver tonnage that they have acquired in one form or another:

http://www.shtfplan.com/headline-news/report-jp-morgan-chase-prepares-for-crisis-by-stockpiling-silver-an-exceptionally-large-amount_04242015

There are many other very insightful articles on this subject, but the gist of the matter is that Morgan sees a collapse coming just as Goldman does and is taking a Soros-sized position to benefit greatly from the surge in prices as global investors wake up and flee most fiat currencies en masse starting this year.  What I think is going to happen to Morgan, though, is that our interventionist/intrusive Government is going to confiscate Morgan's hoard at some point in the interest of national security, a belated prosecution of Comex trading rules after the fact, and in an effort to try to protect the Dollar's value since most of the Gold in Fort Knox and NYC has been hypothecated and lent down the river, never to return.  Why is it taking over 8 years to repatriate Germany's gold supposedly stored at the New York Fed????????????????????

As the Sage has predicted on these pages for years now, it may well be the Global Bond Market that is the Black Swan that poops all over Wall Street, the global economy, and the global financial system.   AND THAT TREND CHANGE FROM 32 YEARS OF ALMOST UNINTERRUPTED LOWER YIELDS AND HIGHER BOND PRICES HAS NOW ENDED.  Granted, two weeks of bond rout do not a Bond Bear make, but the rapidity and severity of the reversal is historic in magnitude.  Furthermore, the ridiculous, outrageous, and criminal reduction of Sovereign Bond Yields into negative territory of late probably caused most Government Bond investors to ponder the following erudite QUESTION:

HOW CAN ALREADY FINANCIALLY COMPROMISED GOVERNMENTS CONTINUE TO SERVICE RECORD DEBT LEVELS IN A DECLINING ECONOMIC ENVIRONMENT WHERE REVENUE STREAMS ARE GOING TO SHRINK LIKE OBAMA'S POLL NUMBERS ON TRUSTWORTHINESS!!!!!!!!!!!!!!!!

And don't forget that there are Quadrillions of Dollars of Derivative Contracts written against this rising sea of increasingly Bad Debts that have likely been ignited into the implosion of Fail To Deliver (default by any other word) that we will see in the months ahead.

And on that cheery note, I bid you good day.  Sage of Wexford, seatbelt strapped tight for the rough ride ahead and the ensuing rocket ride on the Metals.

 



A flat-topped Wedge Pattern usually ends in a severe break to the Downside!
 


Middle20150504
 

Middle Class Debt Still 2X Higher Than 25 Years Ago
Janet, the old "pushing-on-a-string" phenomenon.


 

  
PRIOR DEWDROPS OF WISDOM VIA "News From The Front"
 

 




 

Gold Bullion Storage


Many clients have inquired as to how they should store their precious metals investments, and certainly with gold, palladium, and platinum, a safe deposit box is a viable alternative.  Regarding silver, with a much lower value to weight ratio, it may require a little more ingenuity, but for clients with personal residences and any amount of property, there are many creative alternatives.  Silver is going to tone over time, often becoming very dark with a silver oxide coating, but resale value is never affected by this natural occurrence; in fact, it is expected.  Gold is a more inert metal, so very little toning occurs over time.

For clients that do not want to handle or store their precious metals purchases, there are numerous gold bullion  storage or depository services around the country that charge a nominal annual fee of around 1.5% of stored value for fully insured, segregated storage and safekeeping.  Since 1997, I personally have used the services of Delaware Depository Service Company (DDSC) in Wilmington, Delaware, and I find their services to be very professional, highly secure, and competitively priced.  Their website is at
www.delawaredepository.com and an account can be opened prior to placing a precious metals order with WCM.  A copy of the DDSC Individual Precious Metals Storage Agreement can be found at:

We will drop ship your order right to their Wilmington, DE storage facility with your account title and DDSC account number on the shipping label and enclosed invoice.  With the first terrorist attacks on U.S. soil in 1991, I personally like the fact that their location is not considered a prime terrorist target, not to mention their multi-decades' reputation and diversity of depository services.

All investors must do their own due diligence in selecting a gold bullion storage or precious metals storage company, and Wexford Capital Management receives no consideration, monetary or otherwise, for making this recommendation.   I offer this information strictly in an effort to assist existing and prospective clients in their physical gold, silver, palladium, and platinum precious metals investing.  Third-party bullion storage may be especially appropriate for investors considering significant volume purchases of the precious metals.

David W. Young, President
Wexford Capital Management



Will U.S. taxpayers have to bail the banking system out again?!


WCM Disclosure

Bullion Spot Prices for Gold, Silver, and Platinum
Fundamentals for SILVER are Excellent

Certain Gold, Silver, Platinum Bullion Coins and Bars Permissible
Comparison of Advantages of Owning Precious Metals in Most Popular Forms


 


 


WCM's Fancy Colored Diamonds for Sale at 30% Plus Below Retail




Information on Broker, Wexford Capital Management







NOTICE:

WCM's Principal, David W. Young withdrew the Company's Registered Investment Advisor status with the S.E.C. and the Virginia Division of  Securities in May of 2005 and no longer offers  discretionary or non-discretionary managed accounts of any asset class receiving continuous supervision of assets.  WCM's principal, David W. Young, was a Registered Investment Advisor in good standing from October, 1985 to May, 2005.  Furthermore, the company does not engage in any fee-based or compensatory provision of financial advice.  The brokering of tangible assets sales via U.S. Rare Coins, Precious Metals Bullion, and Fancy Colored Diamonds is the sole business of Wexford Capital Management.

 


WCM's Online Privacy Policy for Visitors and Client



Wexford Capital Management
David W. Young, President
113 Brenton Court
Stephens City, VA  22655-4819
Toll-Free  (877) 855-9760 
Fax (866) 611-3526

 

Numismatic Investment Program Offered by Former Registered Investment Advisor

 


Copyrights 1999 - 2015, WCM
All Rights Reserved

Last Update on:

May 22, 2015

 


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