Many experts in the precious metals arena are calling a bottom on silver as it moved above the $16 level again this week. Precious metals have been accumulated by ‘Strong Hands’. Investors who will not sell at the slightest movement, but will wait for much higher prices.
Reviewing some of the lessons learned having been in the Precious Metals Market for over decade. One is that people on a whole are far more apt to spend money they do not have. Hence the drop in savings rate. Inflation is also a factor, robbing individuals of purchasing power and in turn people use debt to keep up with rising costs.
This week’s featured diamond is an Internally Flawless 1.09 carats Fancy Vivid Yellow, Cushion Cut. It comes with a pair of white diamond earrings with our compliments and is $50,850 CAD, taxes included. According to the Fancy Color Research Foundation only 54-58 diamonds between 1-3 carats would come to market each year with similar characteristics to the 1.09 fancy vivid yellow.