Gold Twin Maples Distributed Exclusively with Birch Gold Group

A successor that captures everything the Gold Maple Leaf has to offer with a modern touch.

gold twin maples canadian from birch gold group

First minted in 1979, the Canadian Gold Maple Leaf’s first issue covered a span of only three years. However, due to its immense popularity, the Canadian Parliament decided to continue its production through the Royal Canadian Mint (RCM), and the coin became a widespread token of value available in a variety of different sizes.

Given its reception, a successor that captures everything the Gold Maple Leaf has to offer while adding a modern touch was expected. Today, Birch Gold Group proudly announces that it has secured the rights to exclusive distribution of the next great coin from the RCM, the Gold Twin Maples.

Those familiar with the Canadian Gold Maple Leaf will find that the Gold Twin Maples coin has many of the traits that gave widespread recognition to the previous iteration. The physical perks of the coin provide an unprecedented amount of accessibility: weighing 1/4 ounces (7.7 grams) with a diameter of 20 mm (0.78 inches) and a face value of CAD $10, the coin can be held by investors big and small and makes a special addition to any collection. Its high gold purity of 99.99% will further ensure that the coin remains a sought-after commodity for years to come, and its compatibility with precious metals IRAs will provide immense versatility to anyone who acquires it.

As with several other coins produced by the Royal Canadian Mint, artist Celia Godkin was brought on to ensure a design that ages every bit as well as the coin’s value. Each of the Gold Twin Maples’ sides feature imagery that signals the highest status among precious metals coins: a portrait of Her Royal Highness Queen Elizabeth II on the obverse and a tribute to Canada’s unique sugar maple tree on the reverse. The addition of a micro-engraved twin maple leaf and precise radial lines during mintage give the coin unbeatable protection against counterfeiting while preserving its intricate design.

With how well the Gold Maple Leaf coin has been received by investors for several decades, and given the Gold Twin Maples’ flawless combination of assured value and unique design, Birch Gold Group has no doubt that the newest creation from the Royal Canadian Mint will prove to be everything that the predecessor was, and more.

Peter Reagan, financial market strategist with Birch Gold Group, is excited for the coin’s prospects. “It’s an honor for the Royal Canadian Mint to select us as the exclusive dealer for this beautiful coin. We believe that it will be extraordinarily popular among our customers and are excited to offer it to them.”

For more info on this striking coin, visit Birch Gold’s website at www.birchgold.com or call (800) 355-2116.

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Gold Could Soon Hit Peak Output

 

Gold demand could be hard to meet in the future

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A large part of gold’s appeal lies in it being a finite resource and, as such, free from central bank manipulation. However, gold’s scarcity could soon become an issue – paving the way for record highs as miners find themselves unable to produce enough gold to meet global demand.

According to an article by the Economic Times, mining industry insiders and some market watchers have already voiced their concerns in regards to the available supply of gold. After price dips in recent years, miners were forced to cut back on production costs, which involved both reducing the number of active mining projects and severely limiting the exploration of new ore.

Now, with renewed interest in the yellow metal and with gold prices breaching key levels, supply could struggle to meet demand, leading to a further spike in prices. According to Danielle Bochove, author of the article, because mining projects take a long time to put into motion, miners won’t be able to adjust their production in accordance with market fluctuations. Randall Oliphant, chairman of the World Gold Council, is among those who believe that a supply glut will lead to significantly higher prices.

Talking at the 28th annual Denver Gold Forum, Oliphant said that gold could hit $1,400 an ounce in the next 12 months. He listed political risks in the U.S. as yet another driver behind heightened demand.

“It’s not clear how the whole U.S. political system will play out,” said Oliphant, via Economic Times. “All this uncertainty seems very fertile ground for people to get into gold.”

Production will fall even sooner as global political risks cause more people to turn to gold, with demand also supported by robust purchases from India and China, said the chairman.

The article notes that other attendees at the conference, which attracted 1,100 people this year, echoed Oliphant’s statements. David Harquail, chief executive officer of Franco-Nevada Corp., painted a concerning picture of the current state of the mining industry, saying that miners are merely using new projects to replace old assets as opposed to actual expansion.

Oliphant doesn’t see supply running out in the near future, but says it could happen sooner than people think writes Bochove. When newly-produced gold becomes scarce, a scenario Oliphant places in the medium term, gold will be in a prime position to pass its all-time high of $1,923 an ounce.

“We’re not going to fall off a cliff in the near term, but in the same time it’s really hard to see how we’re going to produce enough gold to meet all this demand,” he said.

Threat of War Could Send Gold Soaring

Money continues to pour into gold as tensions rise

threat of war good for gold

Last Sunday, North Korea launched its most powerful missile yet in an ongoing display of military strength. The launch of a supposedly advanced hydrogen bomb prompted a stern response from the U.S. military, and U.S. Defense Secretary Jim Mattis told the public that Trump was interested in all available military options.

Author James Rickards, who was the principal negotiator of the 1998 bailout of Long-Term Capital Management, sees this as a major risk. As stated in a recent Newsmax article, Rickards says the risk of nuclear war is higher than some realize: “People seem to have very short attention spans. I’m just looking down the road and you can see the war is coming.”

Rickards believes this will continue to provide a major leg up for gold, as the metal thrives in times of uncertainty and conflict – after recently breaking $1,350, Rickards says the metal could go up to $10,000 an ounce.

“The bigger picture, the one I’m looking at, is that gold hit an interim low on Dec. 15 and it has been grinding higher ever since. It’s one of the best performing assets of 2017,” he explained.

Money continues to pour into gold as tensions become harder to ignore, although many believe there’s room for a lot more buying. Tom Kendall, head of precious metals strategy at ICBC Standard Bank, sees the metal going past its current highs: “We’ve got the geopolitics and we’ve also got a fairly benign interest rate environment. There’s still nothing threatening coming out of the Fed recently.”

The article states that war isn’t the only risk coming from Trump’s White House, as the President is expected to push for harder sanctions on Chinese banks that continue to collude with North Korea. While retaliation from these banks in the form of dollar devaluation would be a major issue, it’s actually something that Trump has long been calling for, believing that an overvalued dollar continues to hurt U.S. trade.

Because of this, as Newsmax editor Andrew Packer explains, Trump isn’t likely to back down from sanctions on large Chinese banks due to the possibility of a foreign reserve sell-off, which would significantly benefit gold.

“When you consider both the likelihood of more downward pressure on the U.S. dollar resulting from the North Korean, Chinese, and U.S. political concerns, and the Federal Reserve’s sluggish action on raising interest rates, the upside for gold looks very likely,” said Packer.

“I’m expecting gold to rally and challenge the $1,500 resistance level sometime in 2018. And I wouldn’t be shocked by a run that brings it to $1,750 by the end of next year.”

Own Gold in Age of Cyber-Terrorism

This could be the biggest threat to the economy

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With the exchanges between President Trump and North Korea’s Kim Jong-Un, there has been increasing concerns of escalation, nuclear or otherwise, between the two nations.

Marc Faber, however, believes that the next great battle might be fought on a more subtle battlefield. As seen in Olivier Garret and Shannara Johnson’s piece on Forbes, the publisher of the “Gloom, Boom & Doom Report” finds an attack on the U.S. unlikely and points to cyber-terrorism as the real threat that everyone should look out for.

There’s no question that cyber attacks are becoming more sophisticated, and with the increased connectivity of the 21st century, such an attack could have devastating consequences. Faber gives the example of a major U.S. city such as New York having its electricity or Internet switched off. In such an event, the only assets that would hold value would be physical ones that are recognized as a medium of exchange.

Even bitcoin, the cryptocurrency valued for its security, would be rendered close to meaningless. Gold bullion, however, would not only keep its price but likely see a significant increase.

The threat of a cyber-attack isn’t the only thing making Faber hold onto his bullion. The publisher is known for his contrarian investing style, yet many don’t realize that his backstory provided hard lessons on the value of assets.

Growing up in post-WW2 Switzerland, Faber came to distrust paper money early on while learning to appreciate the safety net that precious metals provide. Talking to the Hard Assets Alliance, Faber recalls how a million dollars was once an almost exorbitant sum, yet today is something that is increasingly reachable.

Unlike some, Faber understands that inflation is real and sees no better example of it than the loss of the dollar’s purchasing power. The Fed continues to ignore gold while applying loose monetary policies that only benefit the wealthiest 0.01% – those with the largest number of real assets.

“50% of American people have no assets. … They don’t benefit from money printing. Actually, they’re hurt because their cost of living is going up, and it’s going up more than the CPI would indicate,” Faber explains.

Faber believes that investing in an asset outside of the monetary system is the only way to both shield yourself against a cyber-attack and protect your wealth against the constant erosion of currencies. To him, gold bullion remains the best possible asset to own that’s independent from banks, including central banks. It promises to keep its value against any threat, both virtual and physical.

“Mother of All Bubbles” Keeps Gold Appetizing

Sinking USD could mean more gold gains

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After reaching optimistic heights after the November election, the U.S. dollar has been on a near-constant downward trajectory, recently hitting a 13-month low.

The ongoing concerns over the Trump administration, including an inability to pass key legislation and the passing of questionable decision, promises to keep the greenback in its bear market. As investor and CEO Frank Holmes explains, gold has already gained 8% year-to-date in good part due to the sinking dollar, which is why he believes that more gains are almost guaranteed.

The rally in gold is especially impressive, says Holmes, because of both the stock market’s gains and rising interest rates. The fact that gold can post gains in these circumstances means good things for the metal in the near term, especially considering the result of the Fed’s latest meeting, in which the central bank sounded some dovish tones on interest rates.

UBS also sees good things for gold in the short term, with analyst Joni Teves pointing to India as once again being a major driver for gold demand. Teves explained in a note that a good monsoon season in the country, which imported 525 metric tons of the yellow metals in the first half of 2017, could push demand to a new record high by the end of the year.

Yet Holmes sees gold’s long term as even more encouraging due to an important factor: the mounting levels of global debt. Out of all the risks that strengthen the case for gold, the rising debt ceiling is among the most concerning – global debt has now reached $217 trillion, a massive increase over pre-crisis levels of $150 trillion.

With global debt amounting to 327% of the world gross domestic product, paying down looks less and less likely. Holmes points out that some are referring to it as “the mother of all bubbles” and reminds us that the previous two bubbles, which were mild in comparison, poured over into crises.

Another massive risk on the horizon is the sharp rise of global pension levels, with unfunded pensions expected to reach $400 trillion by 2050. When one adds curbed population growth to the mix, any improvement in economic growth seems unlikely, especially considering how ineffective central banks have been in promoting it. Monetary easing, Holmes notes, is precisely what brought on rampant borrowing across the globe.

With another crisis potentially in the works, Holmes finds the case for gold to be stronger than ever. He asserts that the metal shines brightest in times of turmoil, so savvy savers would do well to waste no time ensuring that a portion of their savings is protected against the coming tide.

Ron Paul Says a 50% Rise in Gold Could Happen

A correction in stocks could result in a substantial rally in gold

Ron Paul not surprised if gold rises

With the stock market in the midst of the second longest bull market ever, soaring for eight years, numerous analysts and pundits have been predicting a major correction for some time. Former congressman Ron Paul’s outlook for the market is particularly grim, and he expects not only a sizeable adjustment in stocks but a rally in gold of an even greater magnitude.

“If our markets are down 25% and gold is up 50% it wouldn’t be a total shock to me,” Paul told CNBC, adding that things could go south as soon as October. His prediction for gold is $1,867 an ounce, not far off its all-time high from 2011. The famous libertarian’s forecast is precisely in line with his thoughts from a year ago, when he offered yet another bearish outlook on stocks and warned investors to brace for impact.

Back then, Dr. Paul singled out artificially low interest rates around the world as the most likely catalyst behind a financial catastrophe. Today, he remains firm in his belief that the Federal Reserve kept interest rates too low for too long and is now haphazardly trying to remedy the situation through ill-advised rate hikes.

Although both the S&P 500 and the Dow have experienced considerable gains since his interview a year ago, Paul sticks to his forecast and explains that the rally is merely on borrowed time. “People have been convinced that everything is wonderful right now and that stocks are going to go up forever,” said Paul of the ongoing rally. “I don’t happen to buy this. The old rules always exist, and there’s too much debt and too much mal-investment. The adjustment will have to come.”

Aside from his ongoing criticism of the Trump administration, Paul – who was among the “Trump rally’s” staunchest detractors – is also outspoken in his lobbying against the Federal Reserve, arguing that the central bank and its policy makers never really have a grip on the situation and are merely experimenting with different ideas.

After almost a decade of loose monetary policy, the former U.S. Representative believes there’s plenty of room for the Fed’s hiking campaign to harm the economy and plunge the prices of multiple assets. “I think it’s a very precarious market, and the Fed better be very careful. Since they are incapable of knowing what to do, I don’t expect much good to come out of anything they do,” said Paul. “There are so many mistakes made out there that the correction is almost unlimited.”

Major Traders see Long-Term Upside in Gold

Gold Could Reach New Heights Despite Hawkish Fed

Traders see long-term upside to gold

Gold reached $1,295 an ounce earlier this month before an optimistic message by the Fed sent the dollar rallying. Despite Janet Yellen’s hawkish statements, which promise an additional rate hike this year, some traders believe that the metal still has plenty of potential to pass the key level of $1,300.

TJM Institutional Services’ Jim Iuorio isn’t discouraged by the Fed’s hawkish tone and expects gold to do well in the near future. Speaking to CNBC, Iuorio focused on the ongoing trend of weak economic data, including a series of disappointing job reports.These factors should put of pressure on the dollar and move it lower, asserts Iuorio, which he believes in turn would boost gold.

Before the Fed’s recent announcement, the greenback reached its lowest level since last November’s election, as Washington has become embroiled in drama and the Trump administration’s ability to deliver on promises has been placed into question.

While the metal has been momentarily set back, Iuorio said that the long-term case for gold remains solid and thatpeople should focus on its strong fundamentals instead of the occasional slump. “I’m a longer-term bull in gold and if you look at the long-term chart the trend is still higher,” said the trader.

One of those strong fundamentals is the recent overhaul of India’s gold tax, which could have a significant impact on gold prices. Until recently, India had over a dozen levies controlling the importing and distribution of gold, giving rise to smuggling and tax evasion on a large scale.

The government chose to replace these levies with a single tax called the Goods & Services Tax, meant to improve transparency in the country’s gold trade. Many feared that the tax would be placed at 5%, as was the initial prediction, which would have increased the taxation on gold jewelry from its current state.

However, the government recently announced that the Goods & Services Tax, which rolls out on July 1, will be a fixed 3%. Path Trading Partners’ Bob Iaccino believes that this will have a positive impact on gold trade in the country that continues to assert its spot as the world’s top gold consumer. The trader said that the tax could drive jewelers and retail investors to buy gold, causing prices to rise as a result.

Aside from making gold supply more transparent, the tax also stands to boost India’s economic growth, giving another upside to the yellow metal.