Preparing for the Next Dollar Crisis

Silver coins on the background of the growth chart

The American dollar system is broken. All of the major swings in the economy over the last few years that have been driven by political and policy-based initiatives have led to a decline in global trust of the American dollar. The ongoing banking crisis makes it more evident.

Government Mint 1 Gram Gold Bars

The selection of government mint one gram gold bars available from online bullion dealers are minted are an excellent way to stack gold in fractional increments.

The dealer premiums for 1 gram bars can seem high when comparing them against a solid full ounce, however, they remain a practical options for incremental buying fractional gold.

Egypt Mints First Gold Ingot from Domestic Mines

The mines in Egypt’s Eastern Desert represent an incredible source of income for the country. Gold from the El Sukari mine is already being used to grow the Central Bank of Egypt’s reserves which have recently been reported to have increased to 125 tons of gold.

Demand for Silver Eagles Spikes, Along with Premiums

The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.

Several Dealers Increase Order Minimums and Shipping Times

APMEX, JM Bullion, SD Bullion and Money Metals Exchange have announced temporary changes to order and shipping policies upon an increase in order volume in recent weeks amidst the ongoing banking crisis. While premiums on silver eagles have recently risen back above 50% per coin. Lower premiums are available for other sovereign bullion coins such as Britannia, Kangaroo and Philharmonic.