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When you sell gold to us, we will explain every step of the process to help you understand how selling gold works. With your XRF Precious metals Analyzer, we can test your gold to know exactly what purity your gold contains. This helps us assess your gold to give you the most when you sell.
Gold and silver are high in demand right now, which is good news for investors. However, this means that it can be more difficult to locate gold and silver items to trade. Here at CA Gold and Silver, we still have both gold and silver items in stock including coins, bullion, and bars.
The Silver Shortage Causes a Peak in Demand
According to the website Chief Investment Officer, “Demand for silver is estimated to have reached a record high of 1.21 billion ounces in 2022, up 16% from the prior year, per the Silver Institute. Gold demand was up, too, some 18%, although it failed to match its 2011 record, the World Gold Council found” (ai-cio.com). This increase in demand comes from the current silver shortage we are experiencing. Since silver is used as an industrial material, and not only for investment and jewelry like gold is, there is a greater disparity in the amount of silver that is available. Only about 25% of our silver comes from mining, so simply increasing our mining production isn’t a viable solution to the shortage.
Gold Prices Reaching All-Time High
We’re seeing a steady increase in the price of gold this year, and it’s predicted that prices will continue to rise as the year goes on. Currently, we’re seeing gold at the highest it’s been in over ten years, and predictions say that the price of gold will remain high. This has led more people to turn to invest in gold to combat rising inflation prices.
Another big factor in the demand for both silver and gold is the reopening of China’s economy along with others. China is currently the largest trader of precious metals in the world. With their Covid-19 restrictions lifting, and their economy slowly reopening, the demand for gold and silver continues to rise.
We Have Silver and Gold in Stock
If you are an investor that is looking for gold and silver items to buy or sell, come see us at CA Gold and Silver! We have both gold and silver coins, bars, and bullion in stock in all weights and karats. You can see what items we have available here, or call us today for pricing.
(Always talk to your CPA or Financial Advisor before making investments.)
You may have heard the term “crown gold” before. But what is crown gold, and how is it different from other types of gold? If you aren’t already investing in crown gold, now is a great time to get started in investing in precious metals. At CA Gold and Silver, we exchange crown gold. Always talk to your CPA or Financial Advisor before making investments.
What is Crown Gold?
Despite its name, crown gold does not refer to the gold used in creating crowns for your teeth. Crown gold is the purest form of gold that you can buy on the market today. The term crown gold refers to a 22-karat gold alloy. The name was introduced in 1526 in England under Henry VIII’s reign, referring to the gold that was used in the crown coin. It has a proportion of 22 parts out of 24 pure gold, and it is less prone to wear than 23-karat gold which tends to be softer.
What is the Best Type of Gold to Exchange?
Generally, gold bars are the most recommended route to take if you want to make the largest return on your investment. Gold bars tend to hold the most value, and they are the most versatile in weight. Because of this versatility, you have the most flexibility when it comes to how much you are willing to initially spend on your trade. It’s also a good idea to look for the highest purity of gold you can find since higher purities often are worth more.
What Kind of Crown Gold Do You Exchange?
We exchange crown gold in nearly every form. Commonly, we buy and sell gold coins, bullion, and bars. We can evaluate and buy gold jewelry even if it’s broken, and we also accept dental gold.
Common Gold Coins We Buy:
- American Gold Eagle
- American Gold Buffalo
- South American Krugerrand
- Canadian Maple Leaf
- Mexican Gold Peso
- Chinese Gold Panda
- Austria Philharmonic
- $20 Coins, Liberty Head and St. Gaudens Type
- British Gold Sovereigns
- Austria Hungary Gold Corona
- Austrian Gold Ducat
- Swiss Gold Franc
- French Gold Franc
Learn More About Gold Items We Buy
What Gold Items We Sell
We sell many different types of gold coins, bars, and bullion. Our stock is frequently updated, and can be found here.
Ready to Start Investing?
Contact us to start buying and selling gold.
With the Silicon Valley Bank crashing, and others like it predicted to follow, some economists are predicting a market crash in the near future. But what other factors are leading to this crash? And how can you protect your assets? There are several things that may be the root cause of the impending crash, and an easy way to protect yourself is to start investing in gold, silver, and bitcoin as soon as you can.
Factors Leading to the Crash
Banks Crashes
In March, Silicon Valley Bank (SVB) and Signature Bank crashed causing the second and third-largest bank failures in U.S. history. This not only led to the loss of thousands of jobs, but companies with similar banks had to scramble to secure their funds in fear that their bank would also fail. The failure of these banks is leading to a large disruption in the economy since so many businesses relied on SVB for essential financial services such as lending, cash management, and investments.
Inflation
With the price of nearly everything in the U.S. on the rise, we will begin to see many negative consequences very soon if inflation isn’t controlled. According to USNews.com, “While year-over-year inflation did slide in October, if inflation rebounds or if the Federal Reserve is forced to continue to aggressively raise interest rates to keep it in check, that could be a negative scenario for stock prices.” Although the Federal Reserve is “strongly committed” to reducing inflation to 2%, we may see a crash soon if they are not able to achieve this goal.
Interest Rates
A rise in interest rates means that companies have to borrow more money to invest in their growth. Many economists are predicting that the rates are going to continue to rise during 2023 if inflation doesn’t slow down soon. This same problem is occurring in the housing market as well with interest rates on housing also expected to continue to rise.
Geopolitical Events
We are still seeing the effects of Russia’s invasion of Ukraine. This event has caused stress on economies all around the world and caused a massive wild card for investors. We’re also seeing supply chains at risk in China and Taiwan as tensions between the two countries remain high. However, the political events on our home turf are also causing strife in the economy. With the left and right more divided than ever, members of the House and Senate continue to cause problems for American citizens.
Supply Chain Disruptions
Because of events in Ukraine, Russia, and China, we are seeing a major disruption of the U.S. supply chain in these countries. This is part of the problem with our rising inflation rates as well. With nearly everything in shortage, the supply and demand of the economy is deeply disrupted and leading to a potential crash.
How to Protect Yourself in the Event of a Crash
Invest in Gold
MarketWatch.com says that “Gold futures settled Monday at their highest in about 11 months, after briefly topping the $2,000-an-ounce mark for the first time in over year, as the takeover of Credit Suisse by UBS stoked fears about more banking-sector fallout.” Despite the concerns over the economy, gold still remains to be a stable investment.
SILICON Valley Bank -SILVERGATE Bank-SIGNATURE Bank. They went WOKE and went BROKE. Crash and Crisis just starting. Pensions, IRAs, 401ks went WOKE going broke. Buy more G,S, BC. TAKE CARE.
— Robert Kiyosaki (@theRealKiyosaki) March 15, 2023
Invest in Silver
Like gold, investing in silver also works as a great hedge against inflation. Although it isn’t as valuable as gold, it’s still an excellent investment in times of economic uncertainty. Since silver is one of the most common metals used in jewelry, you may even already have items at home that have some value to them.
Invest in Bitcoin
Bitcoin is a super secure investment with low transaction fees and tons of potential. Bitcoin not only has unlimited growth potential, but it also carries long-term value. However, that’s not saying that Bitcoin doesn’t also come with some risks. If you are new to Bitcoin, make sure to do lots of research before you invest.
Ready to Start Investing In Silver or Gold? We Buy and Sell!
If you’re ready to start securing your assets, come to our location in Upland, California and we can help you start your gold or silver investing journey. Contact us today if you have questions.
(Always talk to your CPA or Financial Advisor before making investments.)
