News
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August 25, 2014
We are excited to announce that, following months of development, we released a major upgrade to our website on August 23rd. Despite a few minor hiccups, the rollover to the new website proceeded without any major disruptions.
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August 05, 2014
We're cleaning up the "house", and we have a few items sitting in the vault that are looking for a new home at rock bottom prices. Call us to lock in your trade. These will be sold on a first come, first serve basis.
SALE ENDS AT NOON ON AUGUST 6TH.
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July 31, 2014
Dear TexMetals family,
We are very proud to present you a short video on our company.
One of the most common concerns voiced from prospective clients is the question of company credibility. It is only logical given the nature of our products, our industry, and the large sums of money transacted on a daily basis. Local clients in South Texas have the distinct advantage of being able to visit our offices, meet the staff, and become comfortable with the people with whom they will conduct business. For everyone else, especially first timers living far from our offices, that first order can seem like a leap of faith with a faceless internet company.
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July 15, 2014
Market share increases, but sales down 11% from 2H13 and 17% annualized on weaker precious metals demand
(Shiner, TX): Texas Precious Metals (TPM) suffered the effects of weaker demand in the precious metals market in the first two quarters of 2014, posting sales of $74.9M for 1H14, down from $85M in 2H13. The company sold 36,738 ounces of gold (up from 32,855 in 2H13), and 1.16M ounces of silver (down from 1.48M in 2H13). Sales of the company’s 1 oz “Texas Silver Round” remained strong at 283,063 ounces.
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July 07, 2014
Laura Baverman, USA TODAY, July 7th, 2014: In the past three years, Tarek Saab has built a $180 million a year business buying and selling gold and silver, one that is now among the largest distributors for Australia's Perth Mint and the fastest growing companies in its industry.
Saab has built an online retail business that upends an industry still dominated by mom-and-pop coin shops with "We Buy/Sell Gold" billboards along the highway.
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July 01, 2014
According to the latest analysis by Deutche Bank, Silver and Gold were the two best performing assets of the first half of 2014:
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June 05, 2014
From CoinNews.net
Sales of Australian bullion gold and silver advanced last month but were mixed compared to a year ago, new figures from the Perth Mint of Australia show. The increases came even as London bullion fixings marked May losses of 2.9% for gold and 1.5% for silver.
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June 02, 2014
From CoinNews.net: American Silver Eagle rationing has ended, the United States Mint announced today in a memo sent to its network of bullion distributors called "Authorized Purchases."
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May 30, 2014
PERTH MINT: RELEASE
Phenomenal interest in the 2014 Australian Saltwater Crocodile coin means that The Perth Mint has now received committed trade orders for 1 million coins.
As a result, we are taking no further orders from wholesale customers worldwide.
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May 20, 2014
The World Gold Council has released it 1st Quarter report on global demand trends. From the press release: