Lackluster performance of gold price

Rising Interest Rates: Central banks, particularly the US Federal Reserve, are raising interest rates to combat inflation. This makes holding gold less attractive compared to interest-bearing assets like bonds, where investors can earn returns without the volatility of gold.

Uncertainty about Inflation: While high inflation usually benefits gold, the market might not be fully convinced that inflation will persist long-term. If investors believe inflation will be controlled soon, they might not see gold as a necessary hedge.

Mixed Geopolitical Impact: Geopolitical tensions can be a double-edged sword for gold. While they increase uncertainty and sometimes drive demand for safe havens like gold, they can also trigger risk-off sentiment, leading investors to sell assets across the board, including gold.

Gold’s Long-Term Performance: Remember, gold’s performance is cyclical and shouldn’t be judged solely on short-term fluctuations. It has historically proven to be a reliable store of value over the long term, and its future performance will depend on the complex interplay of various factors.

Overall, attributing the “lackluster” performance to a single factor is misleading. The current situation is nuanced, and understanding the interplay of these various factors is crucial for making informed investment decisions.

It’s important to remember that I am not a financial advisor and this is not financial advice. It’s always best to consult with a qualified professional before making any investment decisions.

Lackluster performance of gold price

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High Grade Silver Ore Slab

silver slab – example only

Nice sawn vein specimen of fresh, unaltered high grade silver ore from the world-class Cobalt Ontario deposits. Sawn on one side only.  The deposit was described in Mineralogical Record, Volume 43, Number 6.  In general, veins are predominantly composed of carbonates (calcite and/or dolomite) with arsenides and sulpharsenides of Co, Ni and Fe with native Ag and Bismuth.  Most of this material has been squirreled away in collections by now, although specimens do occasionally come to market.

There are a few of these silver slabs available. The very bright silver really makes this piece stand out, but, unfortunately makes it all so hard to photograph. As an example the one pictured above is 66 grams for $45.

Silver, Bornite

There are a few of these beautiful native silver w bornite specimens available. Here is a 2 inch x 1 inch, Apx. 17.5 grams – Native Silver on Bornite thumbnail specimen from San Martin, Mexico. As an example the one pictured above is 17.5 grams for $60. 

Avon Gold Rush Collectible stein

1987 8 1/2” tall  San Francisco Gold Rush Handcrafted in Brazil for Avon. Each one of is individually numbered (#32017) this is the last one. $35.

For further information on these: seo711@gmail.com

All the items shown here are very limited and subject to prior sale without notice.

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Also see the most expensive type of gold nuggets, the Crystalline Gold Nuggets

Crystalline gold

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