Recommended by GATA                                         Issue 71|June 20, 2016

   
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The New Case for Gold - James Rickards

 We are proud to announce that WWPMC made James Rickards' new bestselling book - The New Case for Gold- under chapter 6 (How to Acquire Gold). Look for us on Page 152!
 

The New Case for Gold - James Rickards

**USA Today bestseller and Wall Street Journal business bestseller**

"They say
John Maynard Keynes called gold a 'barbarous relic.'
They say there isn't enough gold to support finance and commerce.
They say the gold supply can't increase fast enough to support world growth.
They're wrong."

In this bold manifesto, bestselling author and eco�nomic commentator James Rickards steps forward to defend gold-as both an irreplaceable store of wealth and a standard for currency.

Purchase Now on
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Chart of the Week
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"As renewed interest returns to the silver market and silver ETF demand increases, physical silver inventory plummets. Beat the silver rush while prices are still low!" - WWPMC



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Week in Review , June 13 to June 17, 2016
Written by Precious Metals International, Bullion wholesaler
  • Uncertainty continued to rule international markets this week as further polling showed an increasing chance that the citizens of the United Kingdom (UK) might vote to leave the European Union (EU) next week.
  • The number of Americans filing initial claims for state unemployment benefits surged by 13,000 claims to a new seasonally adjusted level of 277,000. California and Pennsylvania were responsible for most of the surge and analysts were quick to say that "seasonal quirks" were likely responsible for the spike in claims in those states. We are not sure why the US Labor Department chose the term "seasonally adjusted" to describe their official data figure if the seasonal adjustment factors in use do not account for the very "seasonal quirks" that they are now blaming for last week's surge.  
  • The U.S. Federal Reserve held its latest Federal Open Market Committee meeting to set monetary policy this week and not only did they choose to leave interest rates at their current levels, but at the press conference following the meeting, Fed Chair Janet Yellen sounded like an interest rate hike was not likely to happen in July either, especially if the UK votes to leave the EU. Ms. Yellen directly referenced the so-called "Brexit" vote during her press conference, speculating that a "leave" vote could negatively impact the U.S. economy. One of the Federal Reserve's most hawkish members, St. Louis Fed President Jim Bullard, noted this week that low economic growth and an accompanying ultra-low fed funds rate are likely to carry on all the way through 2018.
 
 
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Carat:              0.92 ct
 
Cut:                  Cut-Cornered Rectangular Modified Brilliant

Colour:           Fancy Intense Yellow-Green

Clarity:            Internally Flawless 

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