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Recap of US Money Reserve Medium Article on Gold, Silver, Platinum, and Palladium

The US Money Reserve article on Medium by John Rothans, the Chief Procurement Officer, introduces the fact that people are faced with many decisions to make when purchasing precious metals. Facts are provided on four common metals in order to help a prospective buyer make the best choice that applies to them.

The US Money Reserve Officer first dives into the comparisons and contrasts between silver and gold. He introduces gold as an affluent cousin of silver. Both are claimed to be beneficial for their physical properties and portfolio boosting qualities.

The US Money Reserve Officer then dives into the different materials in which gold and silver are found. Items listed that contain gold include, but are not limited to, specialized glass, coins, satellites, surgical instruments, computer memory chips, and medical treatments. Items listed containing silver include, but are not limited to, silverware, ointments, electronic devices, cell phones, batteries, mirrors, engine bearings, and water filtration systems.

The article goes on to mention coin and metals-in-bar forms as materials that serve as safe havens of wealth, hedges against inflation, and safe-haven assets. High percentage increases occurred since 2000 in gold and silver, with the price of silver at $15.00 USD per ounce, and gold at $1,700 USD per ounce.

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Since 1908, the Royal Canadian Mint’s name has been synonymous with Canadian gold coins. The renowned Canadian Gold Maple Leaf Bullion Coin was first struck in 1979 and was the first bullion coin to ever contain 1 ounce of .9999 fine gold. The Canadian Gold Maple Leaf Bullion Coin is a great choice to add to your financial portfolio. Due to high order volumes, online ordering is temporarily unavailable. However, if you would like more information about this coin or other precious metals, please call (844) 889-6598 to speak with one of our trusted Account Executives about available inventory and current pricing. USMR Clients, due to COVID-19, UPS’s guidelines have changed. You will not need to sign for UPS Signature Required deliveries. However, you must acknowledge that UPS is making a delivery and show a government-issued photo ID through the door.

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Gold and silver ratios are mentioned as timing indicators for buyers as to when a purchase should be made. Fox contributor and Kitco commentator Todd Horowitz expects prices to stay high but also implied possible volatility over the course of time.

Finally, platinum and palladium are contrasted with gold. The low quantity and difficulty of platinum extraction is also mentioned. Between 2019-2020, an 11% increase existed for the demand in platinum, priced at $770 USD per ounce.

Contrastingly, palladium was claimed to be valued at over $1,900 USD per ounce, exceeding gold prices due to high demand. Palladium is also mentioned to have the same long term monetary effects of gold due to its value.

References:

https://www.crunchbase.com/organization/u-s-money-reserve

https://www.linkedin.com/company/u-s-money-reserve

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