Tuesday, July 28, 2015


BUYING/SELLING: GOLD, SILVER, PLATINUM, PALLADIUM, COLLECTIBLE COINS, BARS, FINE BULLION ITEMS, & JEWELRY.

Call (760) 217-5419 or (877) 385-1909 or visit my coin shop:

Hough's Coin Shop
16816 Main St., Unit-D
Hesperia, Ca 92345

Coin Shop location at Main Street & C Ave., Hesperia,  next to Little Caesar's Pizza.

Precious Metals Market Update:

Closing New York Spot Prices For Tuesday 7/28/15:

Gold: $1,097.70/oz.
Silver: $14.67/oz.
Platinum: $988/oz.
Palladium: $624/oz.

SINCE TODAY'S NEW YORK CLOSE:

Currently, 1:30pm Pacific Time, precious metals prices are lower on the world spot market.

SILVER
Currently the gold/silver ratio is approximately 75:1 which according to historical pricing makes silver a great buy. Ratio based upon New York Comex spot price.

The historical gold/silver ratio is approximately 15-16:1. This ratio is for information purposes only.

MOST POPULAR SILVER BULLION ITEMS:

1 Ounce Silver Rounds (Coins).

1 Ounce Silver American Eagles.

10 Ounce Silver Bars.

Pre-1965 90% U.S. Circulated Silver Coins.

Minimum phone order for silver is 100 ounces.

There are no minimums at coin shop.

Please call (877) 385-1909 for pricing.

There will be a $35.00 processing fee for orders under 500 ounces.

Shipping fee will be added when price quoted.

TEN YEAR GOLD CHART:


Year-End (2000-2013), Spot Gold Closing Prices (Per Troy Ounce):

2000: $273.60, 2001: $279.00, 2002: $348.20, 2003: $416.10, 2004: $438.40, 2005: $518.90
2006: $638.00, 2007: $838.00, 2008: $881.00, 2009: $1,096.50, 2010: $1,421.40, 2011: $1,566.40,
2012: $1,664, 2013: $1,205.50, 2014: $1,182.90. 


MOST POPULAR GOLD BULLION ITEMS:

1 Ounce Gold South African Krugerrands:
Call For Price And Availability .

1 Ounce Gold American Eagles:
Call For Price And Availability.
 
Current Gold Spot @ $1,095.00/Ounce.


PRECIOUS METALS & MAJOR INDEXES PERCENTAGE (%) GAIN/LOSS FOR THE WEEK:

Performance Of Precious Metals, Major Stock Indexes, Select Currencies, & Other Commodities, 7/17/15-7/24/15:

Gold: Down $33.80 @ $1,099.50/oz., -3%       
Silver: Down $.10 @ $14.74/oz., -.1%    
Platinum: Down $4 @ $987/oz., -.4%           
Palladium: Up $12 @ $624/oz., +2%      

DOW 30 Ind. Avg: Down 518pts. @ 17,568 -2.9%        
S&P 500: Down 47pts. @ 2,079, -2.2%           
NASDAQ: Down 122pts. @ 5,088, -2.3%          
WTI Crude Oil: Down $2.81 @ $47.97(bbl), -5.5%      
USD Index: Down 77(bps), @ 97.19, -.8%            
Euro/USD: Up 162(bps), @ 109.96, +1.4%        
USD/JPY: Down 26(bps), @ 123.82 -.2%      
UST 10 Year Yield: Down 9(bps), @ 2.26%, -3.8%     

PRECIOUS METALS GAINS FROM 1/1/2010 TO CURRENT:
Gold 1/1/10 close: $1,096.50/ounce-DOWN 1%
Silver 1/1/10 close: $16.85/ounce-DOWN 14%
Platinum 1/1/10 close: $1,467/ounce-DOWN 33%
Palladium 1/1/10 close: $406/ounce-UP 52%


MINIMUM BUY FOR GOLD IS 10 OUNCES OF SAME ITEM FOR PHONE ORDERS.

MINIMUM BUY FOR SILVER IS 100 OUNCES OF SAME ITEM FOR PHONE ORDERS.


There are NO MINIMUMS at coin shop.

PLEASE NOTE: I do not buy polished, doctored, plated and/or colored products.

Buy prices subject to change with market prices.

Hough Precious Metals reserves the right to correct any pricing errors.

For further information on the above items please see my link "Items In Stock And Ready To Ship".

Please call Mike at (877) 385-1909 for assistance with your precious metals purchase. Prices and availability subject to change. Please read IMPORTANT disclaimer posted below.

Thank you.

Thursday, February 26, 2015

What the Bible says about Gold & Silver.

I get into many discussions in regards to what real money is. Many people don't realize that what we call our "dollars" (The term dollar is actually derived from a minted silver coin), are actually Federal Reserve Notes. Many people ask me, "What is the Federal Reserve?" Well, I'll tell what you it ISN'T: It ain't Federal (It's a privately owned entity), and there AIN'T no reserves. Our dollars (Federal Reserve Notes), come into existence through debt so in actuality our dollars are instruments of debt.

So what does this have to do with what the Bible says about gold & silver? I've come to a very simple conclusion in regards to where I want to store my wealth/savings. I have come to a better understanding of our banking/financial system in the last few years and when I compare our 'dollars' to physical precious metals it's an easy decision for me to place the majority of my wealth in precious metals. Yes, I still have a bank account and understand that I have to use dollars to transact business, but I also hold a percentage of my savings in physical precious metals.

Many of you know that gold and silver have been around since early times. Gold is mentioned in the first(Genesis), & last(Revelation), books of the Bible. Please see Genesis Chapter 2 verses 11 & 12 for the first reference of gold in the Bible. In my studies I have come to realize that according to the Bible-God's word, gold and silver are considered real money since the beginning of recorded human history.

I intend to list various Bible verses and at times might add some commentary so that we might gain some insight on what God has to say about money, what it's uses are and how we are to handle this very important part of our lives.

Many people live their lives for the increase of money (Wealth), and as I mentioned money is an integral part of our lives (We all need it to function in society), but it is NOT the most important thing in life:

In the Hebrew Scriptures (Also known as the Old Testament), The Book of Proverbs, Chapter 3, verses 13 & 14:

Happy is the man that findeth wisdom, and the man that getteth understanding. For the merchandise of it is better than the merchandise of silver, and the gain thereof than fine gold.

Wisdom, (The beginning of which is to FEAR THE LORD), is far more important than silver & gold and several times in the Bible we will see wisdom mentioned as a comparison to them. From ancient times silver and gold have been considered real money and a place to store & transport wealth but again most importantly is the VALUE of wisdom which is the knowledge from and about God that PRODUCES right living.