Low Mark-Ups of 1.3% for Gold, 1.7% for Silver Bullion Products, 1.5% for Platinum /Palladium Products

A former Registered Investment Advisor providing both excellent prices AND customer service.

Buy Gold and Silver Bullion Products at Modest Premiums Over Melt Values

 

Low Internet Overhead Equals Low Premiums over Bullion Melt Values

 

Wexford Capital Management, a registered investment advisor from 1985 to 2005, prides itself on offering investment products at very competitive prices over the Internet.  We have reduced our overhead by using this electronic medium, and we intend to pass on the majority of those savings to you, our valued clients.  We charge a 1.1% commission or mark-up over our cost from our wholesalers on Gold Bullion products, a 1.7% commission on Silver Bullion products, and a 1.5% commission on Palladium and Platinum Bullion products, both coins and bars.  Minimum order size, per invoice, is currently $5,000 on both sales and buy-backs.

Listed below are representative prices for the Bullion Coin and Bar products that WCM is currently recommending to clients based on portability, refined purity, market liquidity/ acceptance, and existing premiums over melt.  As one can observe, WCM total premiums over melt or weight-adjusted spot prices are approximately 45% to 20% below that of most coin or bullion dealer offerings.  Reduced transactions costs always benefit the investor right from the outset.


With both U.S. credit and equity markets exhibiting stressed and overvalued conditions, it is a prudent investor who searches for avenues to diversify his/her portfolio into tangible, hard assets, such as precious metals, that  possess the following characteristics:

1.  Negative or weak correlation to price movements in the financial markets, especially the stock market.

2.  A millenniums-old medium of exchange or monetary unit that does not represent any government's liability or ability to repay; confidence in issuing entity is 100% due to ability to assay precious metals for purity.

3.  Reasonable portability should the need arise for transfer during a time of crisis; shipping and handling costs not the detriment suggested by the financial press.

4.  Well-established intermediaries exist for long-term storage and insurance if holdings do not fit in safe deposit boxes or secluded sites controlled by investor.

5.  An asset class that was in a bear market for over 22 years, that was oversold, disdained by Wall Street, and now exhibits signs of physical accumulation while breaking out to new multi-year highs.

6.  Excellent liquidity with bullion markets trading continuously around the globe 23 hours per day and with no determination of market value required by investor upon resale.

7.  An asset that central banks will increasingly use to shore up confidence in sagging fiat currencies as excessive monetary and fiscal policies cause major paper money devaluations going forward.

8.  An asset that has retained its purchasing power during both inflations and deflations, a key characteristic in a time of domestic Dollar devaluation.

Broker's Note, Year's End 2007 (December 31, 2007):  

The Real Estate Bubble and Derivative Collapse of 2007 is firmly and scandalously now written in the pages of history.  Resultantly, Gold and Silver regained their deserved positions as Safe Havens in times of acute economic and financial system distress.  As major financial institutions around the globe become technically insolvent in 2008, gold and silver will also regain their roles of Currencies of Last Resort.  No sovereign currency will be trusted by citizens not to be debased by its domestic governments and Central Banks in the years ahead.  The efforts by virtually all governments to re-liquefy the global economy and financial system will be met with failure as we have entered the Loss of Confidence Phase in this historic, pre-depressionary cycle.  Lenders will not lend, and Borrowers cannot or will not borrow at this stage of the cycle.  Expect to see real life reports of 15% inflation in 2008.

No bull market progresses in a straight line, and 2007's price activity was no exception with consolidation occupying months of price activity to be followed by new and explosive advances occurring thereafter, especially during the Second Half of the year.  2008 will start strong with the old $850 high for Gold being blown away, but we feel the coming year will prove to be even more explosive in price movements upward over compressed periods of time due to the developing collapse of diverse financial markets, to include commercial paper and money markets.  Global financial markets are already in disarray and will deteriorate further as signs of global recession become undeniable by the Second Quarter, 2008.

Gold will have gained a record 32% in 2007, while Silver appreciated a still respectable 15%!  Both precious metals handily beat the U.S. stock and bond markets ...... AGAIN!!

Throughout the history of man, gold and silver have been the Currencies of Last Resort when fiat, government-created domestic currencies have experienced severe devaluations and the inevitable loss of confidence.  2008 will undoubtedly see a persistent continuation of the secular Bear Market for the U.S. Dollar, with a forecast decline to the 65 area on the Dollar Index from around 77 at the beginning of 2008.  The Federal Reserve under Bernanke and the U.S. Treasury under Paulson have pulled out all of the stops to start monetarizing the insurmountable U.S. debt by literally flooding the global system with Dollars in a manner similar to the Weimar Republic in Germany in the early 1900's.  U.S. Government officials have secretly decided it will be impossible for our country to fulfill its humongous debt obligations and devaluation/ debasement of the Currency of the Realm, the U.S. Dollar, is the only way out of our fiscal and financial system messes. 

WCM's 2007 price forecast for Gold was quite Nostradamus-like:  the Gold target of $850 was almost breached by an $843 high in gold.  WCM's 2007 price forecast for Silver was more like an Alan Greenspan economic forecast:  the Silver target of $17.25 was hardly nudged by a $15.80 silver high, off by 8.5%, but who said I could be any more accurate than Sir Alan??!!

FOR 2008, Wexford Capital Management sees price targets for Gold of $1,138 per ounce and for Silver of $19.55 during the year.

No guarantees in forecasting or investing, but sure beats getting paid in certificates of Google or 20-year Treasury Notes from the under-funded SIPC or FDIC, respectively.  Not to mention the outright risks to invested capital from potentially default-plagued financial markets when all signs point to a maturing recession in the U.S. and other developed countries.  Yes, Toledo, the U.S. economy is already in recession by any Econ 101 definition.  Oh, how the monthly economic reports are fudged to keep the sheep in tow.

********************************

Prudent investments in precious metals today are indeed, as in every other major turning point in history, very cheap insurance against the economic and financial collapse in the monumental adjustment period we currently find ourselves within.  No economic or financial system in the history of man can withstand an evaporation of $100's Trillions of purported "assets" without seismic consequences to the surrounding societal structures.

When the Powers That Are forestall the inevitable re-balancing / re-adjustment process through ultra-cheap money via first Alan Greenspan and now Ben Bernanke and Paulson, financial engineering via Wall Street, and fiscal largess via Washington, the net result is an inevitably more dire one for the constituents for whom they act.   Hundreds of years of history support my perspective and conclusion.  "This Time Is Different" will not rewrite the lessons of such historical precedent in human history.

It will not be business as usual in the years ahead, PERIOD.    A severe recession followed by possible DEpression with widespread debt repudiation are already in progress for all with a pulse to see.  Do you know what you bank CD or money market is invested in and what do you think the probability is of the sacred One-Dollar-Per-Share being broken by U.S. non-Treasury money markets in 2008??  Probably 65% to 75%.

Buy a prudent allocation of precious metals and take physical possession.  The traditional allocation of 10% to 15% of investment assets is now obsolete due to the enormity of the $Trillions of Securitized/Derivative Debt that will evaporate in the years ahead.  PHYSICAL GOLD, SILVER, PALLADIUM, AND PLATINUM are no one else's liability, unless you acquire them in paper, "promise-to-deliver" instruments. 
Have you or your accountant audited the operations and financial statements of those that offer or provide you with precious metals' electronic, paper instruments or certificates, even the untested ETF's?

THE ONLY WAY TO AVOID BEING DEVASTATED FINANCIALLY DUE TO THE RAPIDLY UNFOLDING GLOBAL DERIVATIVES MELTDOWN AND DEBT IMPLOSION IN 2008 IS TO INVEST DEFENSIVELY IN TANGIBLE ASSETS in physical form.  ALL FINANCIAL AND PAPER ASSETS MUST BE ANALYZED WITH A FINE-TOOTH COMB GOING FORWARD TO DETERMINE THEIR ABILITY TO RETURN PRINCIPAL UPON DEMAND.






Low Overhead Equals Excellent Bullion Prices for Investors

 


The prices listed below are representati
ve only. All premiums over melt or equivalent bullion values (based upon current spot prices) can fluctuate significantly due to often rapidly changing conditions in the gold and silver bullion markets.  WCM will update this pricing schedule when significant spot price changes occur in gold and/or silver bullion to materially affect the current premium values over melt for the Bullion Products shown.  We consider these premiums to be key in pricing these products.  

Please email me at deals@goldsilverbullion.com or call me at 877-855-9760 for a current price quotation You can also check Intra-Day Price Updates at:


or obtain WCM Bullion Product Prices for any given spot price at:


Premiums could be higher or lower than those shown below based upon the then current gold and silver bullion market conditions.  In most cases, WCM quotations include shipping and insurance charges.  As a result, it is likely WCM's bullion product prices will be nicely lower than the majority of bullion dealers.  Just check around.


PLACING AN ORDER WITH WCM:


A firm order is required to lock in an invoice price per item with our low-cost distributors.  Minimum transaction size of $5,000.

I.  Contact information to include name, shipping address (signature required upon delivery), and daytime telephone number are required via email or fax prior to price locks by WCM.

deals@goldsilverbullion.com (fax: (800) 858-9324)

   OR just complete our
Bullion Purchase Request Form:


II.  THEN call (877) 855-9760 to confirm order placement.

III.  We will then lock your order's prices with our distributor and send you a WCM Invoice for your purchase by email in either MS Word "doc" file or Adobe Reader "pdf" file format.

IV.  You will be notified by email upon payment receipt, when funds clear with an estimated ship date, and the day of shipment with confirmation to be followed by either Registered Mail or UPS tracking info.

Minimum transaction size of $5,000 on both sales and buybacks.


Please read the WCM Terms of Sale before placing an order.




SELLING BULLION TO WCM:

Please click the link below for a detailed explanation of the Buy-Back process,

 



Date & Time - DAILY UPDATE

5/15/08 @ 3:10 PM EST

SPOT GOLD

$881.90

SPOT SILVER

$16.73

SPOT PALLADIUM

$438.50

SPOT PLATINUM

$2,082.00


 

Click on Images for Bullion Product Details

 

Product Description

WCM SELLING
  PRICE

Premium
Over Melt

WCM BuyBack
  Price

Au

GOLD

1.1% Over

   
 

$881.90

Cost

   


American Buffalo Gold Coin, 24 karat, One Ounce, Product Detail

American BUFFALO Gold, 24 karat 
- One Ounce, 2008
/ Delivered

$929.94

5.4%

$893.96


American Buffalo Gold Coin, 24 karat, One Ounce, Product Detail
Delivered

American BUFFALO Gold, One Ounce /
SPECIAL PRICING
for 20 COINS or More 

$922.70

4.6%

$893.96

Note

GOLD VOLUME DISCOUNTS 
Shipping is free, all Gold shown as "Delivered".


For 50 Oz. or more of Gold, $0.50 Discount per Ounce.

For 100 Oz. or more of Gold, $1.00 Discount per Ounce.

For 300 Oz. or more of Gold, $2.00 Discount per Ounce.

American Eagle Gold Bullion Coin, 1 Troy Ounce, 22 karat Gold

American Gold Eagle - One Ounce, 2008 / Delivered

$927.26

5.1%

$893.96


American Eagle Gold Bullion Coin, 1 Troy Ounce, 22 karat Gold
Delivered

American Gold Eagle, One Ounce /
SPECIAL PRICING
for
20  COINS or More 

$922.70

4.6%

$893.96

Canadian Maple Leaf Gold Bullion Coin, 1 Ounce, 24 karat Gold

Canadian Maple Leaf, Gold 
- One Ounce, 2008
/ Delivered
20x Coin Minimum

$918.35

4.1%

$869.23

S. African Kruggerand, 1 Troy Ounce, 22 karat Gold same as American Eagle

S. African Krugerrand Gold  
- One Ounce
/ Delivered

$904.74

2.6%

$869.23

S. African Kruggerand, 1 Troy Ounce, 22 karat Gold same as American Eagle

S. African Krugerrand Gold  
- One Ounce
/ Delivered
10x to 19x COINS 

$901.71

2.2%

$869.23

S. African Kruggerand, 1 Troy Ounce, 22 karat Gold same as American Eagle
Delivered

S. African Krugerrand Gold  
- One Ounce
SPECIAL PRICING
for
20  COINS or More 

$896.15

1.6%

$869.23

Austrian Vienna Philharmonic Gold Bullion Coin, 1 Ounce, 24 karat

Austrian Vienna Philharmonic, Gold - One Ounce
/ Delivered
Limited Availability

$909.43

3.1%

$882.09

Credit Suisse Registered Gold Bullion Bar, 1 Ounce, 24 karat Gold

Credit-Suisse  Registered Gold Bar - One Ounce
/ Delivered

$904.74

2.6%

$873.19

Credit Suisse Registered Gold Bullion Bar, 1 Ounce, 24 karat Gold

Credit-Suisse  Registered Gold Bar - One Ounce
/ Delivered
TEN BARS or More

$901.71

2.2%

$873.19

PAMP-Suisse Gold Bullion Bar, One Ounce, 24 karat

PAMP-Suisse  Registered Gold Bar - One Ounce
/ Delivered
20x BAR Minimum

$901.71

2.2%

$873.19

Credit Suisse Gold Bullion Bar, TEN Ounce,  Registered with Assay Certificate

Credit-Suisse  Registered Gold Bar - TEN Ounce / Delivered

$8,986.78

1.9%

$8,692.32

Comex Refiner Kilogram Gold Bar, 32.15 Troy Ounces


KILOGRAM Gold Bar, 32.15 Oz., 24 karat / Delivered
Comex Approved Refiner

$28,762.48

1.4%

$27,853.54

Ag

SILVER

ASK

Premium

BID

 

$16.73

1.7% Over
Cost

   

A-Mark Liberty Silver Round, One Ounce

Silver ROUND 
- 1 Ounce, A-Mark Liberty 
/
DELIVERED

$17.47

4.4%

$16.15

Note

SILVER VOLUME DISCOUNTS *

For 10,000 Ounces or More of SILVER

For 20,000 Ounces or More of SILVER

For 30,000 Ounces or More of SILVER

 


Volume Discounts

WCM Fee of 1.4% - a 29% discount

WCM Fee of 1.2% - a 41% discount

WCM Fee of 1.0% - a 47% discount

A-Mark 10 Ounce Silver Bar of .999 Purity

10 OUNCE Silver BAR - A-Mark 
/ DELIVERED

$174.71

4.4%

$161.51

American Eagle Silver One Ounce Bullion Coin
5/05/08

American Silver Eagle - 1 Ounce 
2008 Date / Box Quantity Pricing

$18.79

12.3%

$17.72

Note

Free Shipping per 500 Coin Mint Fresh Box

$9,397.08

12.3%

$8,861.75

Johnson-Matthey 100 oz. Silver Bar

Johnson - Matthey 100 oz Silver Bars. 
1 to 24 BARS
 /
DELIVERED

$1,747.21

4.4%

$1,649.47

7Note6

Johnson - Matthey 100 oz Silver Bars. 
25 to 49 BARS
$3.00 off per Bar
 / DELIVERED

$1,744.21

4.3%

$1,649.47

Johnson-Matthey 100 oz. Silver Bar

Johnson - Matthey 100 oz Silver Bars.  SPECIAL PRICING
for 50 to 99 BARS, 
/ DELIVERED

$1,734.04

3.6%

$1,649.47

Johnson-Matthey Comex Deliverable Silver Bar, 1000 Ounce - Nominal

Johnson-Matthey,
Engelhard, Asarco Silver COMEX Bar -
1000 Oz. Nominal, Weights Vary / Delivered/ Comex Good-Delivery Bar

$17,187.30

2.7%

$16,150.69

Note

Weights vary +/-;
pricing per ounce

   

90% Junk Silver Bag Product Detail

90% Silver Bag - 715 Troy Oz., $1,000 Face /
DELIVERED
Dimes or Quarters
SPECIAL PRICING
of $25 off per Full Bag

$11,976.57

0.1%

$11,168.21

90% Junk Silver Bag Product Detail

90% Silver Bag - ALL HALVES
/ DELIVERED
Limited Availability

$12,001.57

0.3%

$11,168.21

Pd

PALLADIUM

ASK

Premium

BID

 

$438.50

1.5% Over
Cost

   

Canadian Maple Leaf Palladium, One Ounce, 2006
2007

CANADIAN MINT Maple Leaf Coin - One Ounce / 
10 Coin Minimum 

 / Delivered

$460.30

5.0%

$436.85

Canadian Maple Leaf Palladium, One Ounce, 2006
2007

Maple Leaf Coin - One Ounce
SPECIAL PRICING
for
20 to 99 COINS, $1 off per Coin  
 / Delivered

$459.30

4.7%

$436.85

Canadian Maple Leaf Palladium, One Ounce, 2006
2007 

Maple Leaf Coin - One Ounce 
100 or more Coins 
 / Delivered

$458.29

4.5%

$436.85

Credit-Suisse Palladium Bar, One Ounce, .9995 Pure Pd


Credit-Suisse Bar
- One Ounce /
10 Bar minimum / Delivered

$459.29

4.7%

$429.95

Note

For all Maple Leaf and Credit-Suisse Palladium, shipping is free.  


$
2.00 off per ounce for 100 ounces plus Credit Suisse  1 oz. Pd Bar.


4.3%

 

Credit-Suisse Palladium Bar, 10 Ounce, .9995 Pure Pd


Credit-Suisse Bar
- TEN OUNCE

2 BAR MINIMUM /
DELIVERED

$4,572.58

4.3%

$4,269.68

 

 


$20.00 off for 100 ounces or more, per Credit-Suisse
10 oz. Bar.

   

Pt

PLATINUM

ASK

Premium

BID

 

$2,082.00

1.5% Over
Cost

   

American Eagle Platinum Bullion Coin, One Ounce

PLATINUM
American Eagle Coin - Prior Date
Only 

$2,138.61

2.7%

$2,055.70

Note


For orders of
15 Ounces or more of Platinum, shipping is free.
  

     
 

 

 

   

 




Better Business Bureau Reliability Program Online for Wexford Capital Mgmt.




( Input current or your own target spot
prices and see WCM recalculated
bullion product prices. )



March 31, 2008, NEWS FROM THE FRONT:  The Bad Debt is finally floating to the surface of the pond.  Goldman-Sachs now projects the Debt Collapse will total $1.2 Trillion, but the Sage has been saying $Trillions all along.  And you didn't have to pay a whopping fee to hear it here, either!!!




 

Gold Bullion Storage


Many clients have inquired as to how they should store their precious metals investments, and certainly with gold, palladium, and platinum, a safe deposit box is a viable alternative.  Regarding silver, with a much lower value to weight ratio, it may require a little more ingenuity, but for clients with personal residences and any amount of property, there are many creative alternatives.  Silver is going to tone over time, often becoming very dark with a silver oxide coating, but resale value is never affected by this natural occurrence; in fact, it is expected.  Gold is a more inert metal, so very little toning occurs over time.

For clients that do not want to handle or store their precious metals purchases, there are numerous gold bullion  storage or depository services around the country that charge a nominal annual fee of around 1.5% of stored value for fully insured, segregated storage and safekeeping.  Since 1997, I personally have used the services of Delaware Depository Service Company (DDSC) in Wilmington, Delaware, and I find their services to be very professional, highly secure, and competitively priced.  Their website is at
www.delawaredepository.com and an account can be opened prior to placing a precious metals order with WCM.  A copy of the DDSC Individual Precious Metals Storage Agreement can be found at:

We will drop ship your order right to their Wilmington, DE storage facility with your account title and DDSC account number on the shipping label and enclosed invoice.  With the first terrorist attacks on U.S. soil in 1991, I personally like the fact that their location is not considered a prime terrorist target, not to mention their multi-decades' reputation and diversity of depository services.

All investors must do their own due diligence in selecting a gold bullion storage or precious metals storage company, and Wexford Capital Management receives no consideration, monetary or otherwise, for making this recommendation.   I offer this information strictly in an effort to assist existing and prospective clients in their physical gold, silver, palladium, and platinum precious metals investing.  Third-party bullion storage may be especially appropriate for investors considering significant volume purchases of the precious metals.

David W. Young, President
Wexford Capital Management



Will U.S. taxpayers have to bail the banking system out again?!
Regularly Updated Commentary on Gold and Silver Bullion Markets



Bullion Spot Prices for Gold, Silver, and Platinum
Fundamentals for SILVER are Excellent

Certain Gold, Silver, Platinum Bullion Coins and Bars Permissible
Comparison of Advantages of Owning Precious Metals in Most Popular Forms


WCM's Fancy Colored Diamonds for Sale at 30% Plus Below Retail


Information on Broker, Wexford Capital Management




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Wexford Capital Management
David W. Young, President
113 Brenton Court
Stephens City, VA  22655-4819
Toll-Free  (877) 855-9760 
Fax (800) 858-9324

 

Numismatic Investment Program Offered by Former Registered Investment Advisor

 


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All Rights Reserved

Last Update on:

May 15, 2008

 

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