Texas Precious Metals

  • New Direction IRA to Offer Self-directed IRA Services at Texas Precious Metals Depository

    Texas Precious Metals Depository announces the addition of New Direction IRA - a provider of self-directed IRAs, 401(k)s, health savings accounts (HSAs), and other such tax-advantaged savings vehicles – as a preferred custodian for self-directed IRA services at its new storage facility. In conjunction with New Direction, Texas Precious Metals Depository (TPMD) will complement the retail services provided by Texas Precious Metals to meet the needs of precious metals IRA investors.

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  • Texas Precious Metals Announces the Opening of Texas Precious Metals Depository

    Private storage facility for gold, silver, platinum and palladium bullion offers fully segregated storage and state-of-the-art security; largest in South Texas

    Texas Precious Metals, a leading online precious metals company, has announced the opening of its private underground bullion depository. The facility is entombed in concrete with three layers of concentric protection, bulletproof doors at all access points, armed security, and 24/7/365 interior and exterior surveillance. Texas Precious Metals Depository is also monitored remotely by county and city law enforcement, who are situated within one mile of the facility, and is 100% insured by Lloyd’s of London.

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  • Gold 2048

    Gold 2048 brings together industry-leading experts from across the globe to analyze how the gold market is set to evolve in the next 30 years.

    Key insights from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle Ash, Chief Innovation Officer at Barrick Gold include:

    - The expanding middle class in China and India, combined with broader economic growth, will have a significant impact on gold demand.

    - Use of gold across energy, healthcare, and technology is changing rapidly. Gold’s position as a material of choice is expected to continue and evolve over the coming decades.

    - Mobile apps for gold investment, which allow individuals to buy, sell, invest and gift gold will develop rapidly in India and China.

    - Environmental, social and governance issues will play an increasing role in re-shaping mining production methods.

    - The gold mining industry will have to grapple with the challenge of producing similar levels of gold over the next 30 years to match the volume it has historically delivered.

    FOR MORE INFO, VISIT HERE.

  • U.S. gold coin sales slide as stock markets show more luster

    U.S. retail investors are losing their appetite for physical gold as buoyant stock markets offer tempting alternatives, sending sales of newly minted coins to their lowest in a decade.

    More and more coins are also being sold back onto the market, further eroding demand for newly minted products.

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  • Texas Endowment to Review $1 Billion Gold Position, New CEO Says

    The University of Texas Investment Management Co. will examine its $1 billion gold position in the portfolio of the largest public university endowment in the U.S.

    “We’re in no rush to sell but it may not be a long-term strategic hold,” Britt Harris, the new chief executive officer at Utimco, said Thursday during a break at a board meeting in Austin. The endowment is also looking at fixed-income investments because of their poor returns, Harris said.

    The gold position is about 3 percent of the portfolio. Utimco oversees $31 billion in assets for the University of Texas and Texas A&M University as of Dec. 31. It manages another $12.3 billion in operating funds.

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  • Gold Demand Trends Full Year 2017

    2017: Q4 recovery fails to mitigate full-year decline

    Gold demand rallied in the closing months of 2017, gaining 6% year-on-year (y-o-y) to 1,095.8 tonnes (t) in Q4. But it was too little, too late: full-year demand fell by 7% to 4,071.7t. ETF inflows, although positive, lagged behind 2016’s stellar growth. Central banks added 371.4t to global official gold reserves, 5% down on 2016’s net purchases. Bar and coin demand fell 2% on a sharp drop in US retail investment. India and China led a 4% recovery in jewellery, although demand remains below historical averages. Increased use of gold in smartphones and vehicles sparked the first year of growth in technology demand since 2010.

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  • Cryptocurrency backed by gold being developed by Perth Mint to entice investors back to precious metals

    Australia's biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals.

    The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold.

    The mint also plans to make use of blockchain technology, first used as the core component of the digital currency Bitcoin, where it works as a public ledger for transactions.

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  • Outlook 2018: Global economic trends and their impact on gold

    In 2017, investors added gold to their portfolios as incomes increased, uncertainty loomed, and gold’s positive price momentum continued. As 2018 begins we explore four key market trends and their implications for gold:

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  • Texas Precious Metals 2017 Holiday Shipping Schedule

    Orders placed and funded on or before Wednesday, December 20th will ship no later than Thursday, December 21st. We will not ship any orders from December 22nd-December 26th.

    UPS Next Day Air

    For orders of $1,000 or more, we offer free shipping via UPS Next Day Air. Estimated transit time is 1 day. We expect orders that are placed and funded on or before Wednesday, December 20th to arrive in time for Christmas.

    UPS Sure Post

    For orders between $100 and $1,000, we offer free shipping through UPS SurePost. Estimated transit time is 3-5 days. Orders placed between now and December 23rd are unlikely to arrive in time for Christmas. If you need your order before the holiday, please upgrade your shipping method to Second Day Air and place and fund your order before December 20th.

    UPS Mail Innovations

    For orders less than $100, we offer free shipping through UPS Mail Innovations. Estimated transit time is 5-7 days. Orders placed between now and December 23rd are unlikely to arrive in time for Christmas. If you need your order before the holiday, please upgrade your shipping method to Second Day Air and place and fund your order before December 20th.

    Amazon

     

     

    For last minute gifts, another option is our Amazon store. The products we sell on Amazon ship from Amazon's fulfillment centers and qualify for Amazon Prime.

  • Visualizing Household Income Distribution in the U.S. by State

    Each state in the U.S. is unique, with different economic prospects and opportunities available to its residents.

    For example, in a state such as New York, there is a surplus of high-paying jobs available in tech and finance sectors. Meanwhile, in places like North Dakota and Alaska, there is an incredible endowment of natural resources that help create an opportunity for the people living there.

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