To celebrate the return of the Davis Cup in 2021, Rosland is now offering new, 2021-issue gold coins featuring the Davis Cup itself.

The beautiful, limited edition coins are 22mm diameter, 999.9 fine gold, and are only available from Rosland Capital. The coins are legal tender, bearing a portrait of Her Majesty Queen Elizabeth II on the obverse. These collectors’ pieces are specially minted as proofs, their highest level of quality, by Swiss-based PAMP SA. Only 3,000 are available worldwide.

Most precious metals commentaries tend to focus on gold, but while gold’s price progress over the past few years has been relatively slow and steady – as is its wont – its more industrial related siblings, perhaps with the exception so far of platinum, have been rather more volatile. This has also meant there have been bigger price gains for these overall, but interspersed also with some major dips.

In this analysis we’ll look at silver – sometimes known by traders as the devil’s metal because of its occasional vicious price swings, both up and down – which can make it particularly risky. Although its principal usage nowadays is very much in the industrial sector, and rising – mainly in photovoltaic, electronic and medical applications, coupled with continuing demand in the jewelry sector, it is also the precious metal that is most heavily influenced by swings in the gold price because of its historic function alongside gold as a principal monetary metal. Even though this usage has pretty much fallen away it remains the precious metal most directly affected by price movements in association with those of its yellow sibling. Indeed in general its price tends to follow gold’s path, but in a more exaggerated manner. When gold moves up in price silver tends to do so too, but with a likelihood of greater percentage gains. Conversely if the gold price dips, then silver tends to fall back faster in percentage terms.

But to add to its potential volatility, silver has some almost fanatical support. This saw it surge to close to $50 an ounce as recently as 2011 in the last big silver squeeze, before the apparent bubble burst and it was brought back down to around $12 an ounce as recently as March last year. It is currently trading at over $26 an ounce after a short lived surge to $30 in the aftermath of the GameStop equities run right at the beginning of the current month – thus further demonstrating its volatility in comparison with the other precious metals.

Silver has its strong proponents and equally strong detractors, particularly as there seems to be a huge amount of disagreement over its basic supply/demand fundamentals. This is largely because there is massive controversy as to how the enormous amount of above-ground silver owned by a wide variety of people, which could conceivably be brought into play should there be a huge spike in price, should be treated. This overhang, which largely takes the form of silver cutlery, silver artifacts, and jewelry, could be melted down as scrap supply and provides something of a potential cap on the price as far as some more bearish analyses are concerned. However new industrial demand is on the up and its rise in usage does not seem likely to slow down year-on-year giving the continuing growth in the industrial sectors which currently consume it and this currently seems to be the prime silver price driver, along with a seeming shortage of availability of silver bullion in coin and bar form.

Time was when silver’s big industrial usage was in photography, which is still an important sector for it, but perhaps minuscule in comparison with its heyday given that it has largely been replaced in day-to-day photography with digital imagery requiring no silver at all. But overall new silver usage seems to be centered in major potential growth sectors of the global economy and in terms of consumption in comparison with new mined production the metal appears to be in something of a supply deficit, although given the big inventory overhang this won’t necessarily have quite such a big impact on price as it might for other commodities. However, it would probably take a very big rise in the silver price to unleash any serious move towards the melting down of privately held silver in the form in which it is held, sufficient to seriously impact the current supply/demand equation.

For the silver purchaser, it should be noted that the metal has more than doubled in price since its March 2020 low point. It appears to be in a technical supply squeeze at the moment which is perhaps why its price seems more resilient than most of the other precious metals – it is price positive so far this year at the time of writing. In part this will be because of the massive rise in the big silver-backed ETFs which has left them undoubtedly short of the amounts of silver bullion necessary to meet their commitments. This may take time to correct and will thus help maintain positive price pressure for the physical metal in the short term at least.

Thus, in some commentators’ eyes, silver almost certainly remains on track to exceed $30 an ounce in the current year. It may also over time prove to be responsible for dragging gold up with it – the tail wagging the dog – so we do view precious metals in a positive light for the year ahead. Silver, given its potentially positive environmental benefits in its usage in the solar panel sector, will also be helped by a more positive attitude towards climate change alleviation by the new Biden administration. Demand will be aided too by the switch to 5G updates in the cell phone sector. Cell phones all use silver in their electronics, albeit in tiny amounts, but the huge unit volumes involved makes this a significant use in total. But buyer beware! Silver has a history of disappointing holders, but this time may be different but don’t necessarily count on it given its ‘devil’s metal’ reputation.

by Lawrence Williams

Lawrence (Lawrie) Williams is a highly regarded London-based writer and commentator on financial and political subjects, specializing in precious metals news and commentary. He graduated in mining engineering from The Royal School of Mines, a constituent college of Imperial College, London. He has contributed articles on precious metals to the Financial Times, Sharps Pixley, US Gold Bureau and Seeking Alpha among others.

The opinions expressed in this article are the author’s own, do not necessarily reflect the opinions or views of Rosland Capital LLC or its employees, and do not constitute financial or investment advice or recommendations from the author or Rosland Capital or its employees. The author is compensated by Rosland Capital for his articles.

• Do you know all the different ways that platinum is used in science? From building medical tools and hydrogen fuel cells to creating anti-cancer drugs.

• The late owner of the Utah Jazz, Larry Miller, was the owner of a rare coin collection that has sold at auction for $24 million. One coin, the “Draped Bust Silver Dollar”, went for $3 million. The proceeds of the auction will go building a second Intermountain Healthcare Children’s Hospital campus in Lehi, Utah.

• The U.S. Mint has produced a huge collection of different and valuable silver dollars of the years. Learn more about the 10 most valuable silver dollars.

• Archeologists uncovered many different buried treasures in 2020, check out some of the coolest ancient weapons discovered last year.

• Not just a part of history, ancient coins can tell a story. This series of Roman coins tell the story of the fall of Julius Caesar.

• Originally discovered in 2014, the Galloway Viking Hoard uncovered over 100 objects, including metal jewelry and ingots. Now researchers in Scotland have received a £1 million grant to dive deeper into its lost secrets.

• A trove of 2,000-year-old Celtic gold coins were recently discovered in England – by a birdwatcher!

• Precious metals are frequently used in medical tools, but what about medicine itself? Gold, silver, and platinum are being used in the fight against COVID-19.

• Despite being remembered by history as a poor ruler, Roman Emperor Nero certainly had many coins struck during his reign. Learn more about this collectible series and the history behind each one.

• Did you know precious metals are critical to the development of sustainable energy? Rosland Capital CEO Marin Aleksov explains.

Here is our December News Digest to help keep you well informed about current events and topics around the world and at Rosland Capital.

• Read more about the high-grade gold and silver that was found in Bolivia during a recent mapping and sampling project by New Pacific Metals Corp.
• With customers using less cash and digital payments during the pandemic, will coins become a currency of the past? Read more about how the Coronavirus sidelined coins.
• The gold exploration and development company Corvus Gold recently discovered gold at the new Lynnda Strip site in Nevada and believes the gold system could be very large. Read more about the discovery.
• The controversial Pebble Mine Project in Alaska was denied a permit by the U.S. Army Corps of Engineers to create an open-pit copper and gold mine upstream from the world’s largest sockeye salmon fishery. Learn more.
• Police discover a large network of European auction houses selling stolen ancient Greek artifacts, one of which is an ancient silver coin weighing 12 grams. Read more.
• Recently monoliths have been appearing and sparking interest around the internet. Learn more about these monoliths and find out if they were made of precious metals.
• Read more about the tales of trash and treasure on the never-ending quest of Kent metal detectorists discovering buried treasures and spoils of war, including gold and silver artifacts.
• A real treasure chest is hidden somewhere in the US that includes gold, silver, diamonds, rubies, sapphires, and more worth $10,000-$20,000. Clues to find the treasure are hidden in the book, “The Hatter’s Hat” by David Jacobsen. Read more about discovering the treasure.
• A recent auction in Switzerland featured ancient Greek gold and silver coins depicting the gold Apollo that date as far back as 100 B.C.E. Read more about the coins that sold for as much as $80,000 each!
• In an attempt to conserve copper, the U.S. mint made zinc coated steel pennies in 1943, but also mistakenly produced a run of copper pennies, which are now coveted among collectors. Read more about this mistaken treasure.
• During the holiday season an anonymous benefactor deposited a 1-ounce gold South African Krugerrand that was worth almost $2,000. Read more about this generous donation.
• Read more about the man who found the Rocky Mountains treasure chest of Forrest Fenn.
• Some of the most beautiful coins were produced during the “War of the Roses” in England. Learn more about these Medieval English coins.

Here is our November News Digest to help keep you well informed about current events and topics around the world and at Rosland Capital.

• A rare, 2,000-year-old Roman gold coin commemorating the assassination of Julius Caesar recently surfaced. It is one of only three known to exist, and it could be worth millions of dollars. Read more.
• Read more about some of the most valuable treasures and precious metal artifacts that have been found. From buried hoards filled with gold coins to authentic Viking treasures, every find holds more secrets than many realize.
• A 2,000 year old Iron Age coin depicting Britain’s first ever freedom fighter is set to become one of the most expensive coins ever sold, anticipating to sell for up to £30,000. Read more.
• An intricate ceremonial helmet was discovered at the Anglo-Saxon burial site, Sutton Hoo, and is also a widely revered historical artifact featured in Rosland Capital’s exclusive coin collection made in conjunction with the British Museum. Learn more about the history of Sutton Hoo, and its discovery.
• Read more about how a Denver-based gold mining company, Newmont Corp, is fighting COVID-19 around the globe by spending $32 million on pandemic prevention initiative.
• A small pottery jar containing four 1,000-year-old gold coins were discovered in Jerusalem during a recent archaeological excavation conducted by the Israel Antiquities Authority. Read more.
• Read more about how hidden hoards and buried treasures troves are still being discovered today. Learn about how these discoveries still occur and how they help advance knowledge of local history in priceless ways.
• NASA has been paying close attention of the asteroid, Bennu in recent years and believes it is likely to be rich in gold and platinum compared to the average crust on Earth. Read more about Bennu.
• The lost Egyptian port city of Thonis Heracleion was submerged underwater for nearly 1,000 years before being discovered. Read more about what maritime archeologist, Franck Goddio, and his team discovered from remarkable artifacts to a number of gold and bronze Byzantine-era coins.
• Gold has rallied more than 20% this year. Read more about why Goldman Sachs predicts the bull market for gold will hold steady in 2021.
• Read more about the story of mushroom foragers who have discovered treasures like a Bronze Age sword and axe that was found while mushroom picking after a rain storm that helped uncover them.
• New documentary, “Secrets of the dead: Gangster’s Gold” suggests that the lost treasure box of legendary gangster, Dutch Schultz, is hidden somewhere in an Upstate New York town. Read more.
• Read more about a rare 22-year-old copper penny that was discovered on a metal detector trip to Maine.
• Whether you’re a first-time buyer or an experienced buyer, it is great to know these five tips for success when buying gold from a precious metals firm. Learn more.
• America is a land full of dreams and treasures. Look through a gallery of all the incredible treasures that were discovered in every state!

Here is our October News Digest to help keep you well informed about current events and topics around the world and at Rosland Capital.

• Teenage metal detectorists discover two rare coins dating back one thousand years that will be auctioned separately. Read more about their discovery.
• The search for a lost hammer led to the discovery of Hoxne Hoard, the largest cache of treasure from the era of the Roman Empire ever discovered in Britain. Read more about this massive collection of gold and silver.
• In recent reports from Goldman Sachs, analysts suggest that it is a good time to buy silver again as silver benefits from global solar surge. Read more.
• A recently discovered World War ll shipwreck found off the coast of Poland may hold pieces of Russian treasure that was looted by the Nazis and lost since 1945. Learn more about the Amber room, one of the greatest treasures the Nazis looted during World War ll.
• A recently unearthed early medieval cemetery in Germany is home to a number of gravesites that contained artifacts like gold jewelry, weapons, and other precious items made from glass and precious metals. Read more about the riches discovered.
• The Royal Mint archive has mind-blowing photographs that give a rare look into its 1,100 year history. Read more into the history of the Royal Mint.
• 25 rare chinchillas sit atop 3.5 million ounces of extractable gold in Chile. Gold Fields, a South-African based gold mining company, is determined to find a way to protect the colony while developing the gold. Read more.
• The Fed’s framework was modified for the first time since its creation in 2012. Read more about how the Fed will now target an average inflation rate of 2%.
• Historians believe a 3,500-year-old bronze hand decorated with a gold cuff that was discovered in Switzerland may be the earliest known metal prosthetic. Read more about the hand that was crafted during the Bronze Age.
• A jeweler in Norwich, England launches a nationwide treasure hunt to find 49 rare silver coins that bear an image of his beloved spaniel. Read more about this treasure hunt.
• Gold is a relatively difficult precious metal to make on Earth, yet there is an extraordinary amount of gold in the universe. Read more about where this gold is coming from.
• The Federal Reserve’s new flexible average inflation targeting (FAIT) framework is expected to be good for gold in the long term. Read more about what may happen to gold under the Federal Reserve’s new monetary framework.
• With U.S stimulus expectations increasing, gold rose 1% on the market earlier this month, along with other precious metals like silver, platinum, and palladium. Read more.
• The “Ring of King Minos”. Read more about the discovery of the ring and all the events that followed the discovery.
• Archaeologists recently unearthed more than 3,500 artifacts made from gold, silver, and other precious metals in a grave of a Bronze Age warrior near the ancient Greek city of Pylos. Read more about the burial that provides vital clues to the origin of Greek civilization over 3,500 years ago.
• The Philadelphia Mint, the nation’s largest producer of coin currency, is working around the clock to compensate for the COVID-19 pandemic-caused coin shortage problem that turned quarters, nickels, and dimes into rare commodities. Read more.

Here is our September News Digest to help keep you well informed about current events and topics going on around the world and at Rosland Capital.

• An 18^th century Spanish shipwreck that was discovered in the Caribbean Sea is now being referred to as the “holy grail of shipwrecks” that contained over $17 billion worth of gold, silver, emeralds, and other valuable cargo. Read more about the holy grail treasure.
• A rare 200-year-old coin was unearthed in central Auckland by a metal detecting hobbyist. Read more about the silver sixpence of King George lll that was found.
• USA Today analyzes the long-standing appeal of gold and the potential value it can bring to an asset portfolio as more people turn to gold during times of crisis. Read more.
• A report by Fitch Solutions predicted the global gold production will increase from 106moz to 133moz by 2029, averaging an annual 2.5% growth. Read more.
• Although gold’s rally has been slowing down in the past month, experts at UBS believe gold’s momentum will continue and suggest that having an allocation of gold is not a bad move. Read more.
• CPM Group, a commodities consulting firm, discussed their anticipation of gold market gains in the near future and encouraged consumers to not be short on the precious metal right now. Read more.
• Gold’s recent price action on the market points to the possibility of another rally in the future according to senior technical analyst, Jim Wyckoff. Read more.
• A fierce debate over the Nebra Sky Disk was reignited by a new study that suggests the famous ancient artifact is 1,000 years younger than previously thought. Read more about this controversial artifact.
• A medieval silver seal matrix that was discovered in April 2019 is helping historians understand more about women who lived in nobility in England over 700 years ago. Read more.
• Gold is sometimes referenced as a “safe haven” during times of economic uncertainty. Read more about why gold is sometimes considered a safe haven.
• Rosland CEO, Marin Aleksov, recently discussed the U.S national debt, gold prices, and how the two are related. Read more.
• A new exhibition in Dublin’s National Museum of Ireland that contains ancient Viking coins, jewelry, and other artifacts sheds an important light on how Glendalough became the revered spiritual and tourist location it is now. Read more.

Here is our August News Digest to help keep you well informed about current events and topics going on around the world and at Rosland Capital.

• A previously unknown Viking trading post in northern Norway was discovered by a graduate archaeology student using a metal detector. The student found a number of rare artifacts including coins, pieces of silver, and jewelry. Read more.
• Gold broke above $2000 for the first time on record at the end of July, making it the best month since 2016. Read more.
• A hoard of silver civil war era coins was discovered by a metal detectorist in a field owned by his local pub. The coins are estimated to be worth at least £100,000 and date back hundreds of years to the English Civil War. Read more.
• Not all treasures that are found can be kept. Read more to learn what happens to hidden treasures that are discovered.
• A lucky Australian woman found a rare 1901 Gold Sovereign coin that is estimated to be worth over $1000. Read more about her small fortune discovery.
• With gold’s remarkable performance in recent weeks, some in the market fear a correction. However, some experts are speculating that the price rally is going to continue in the near future. Read more about Reuters’ analysis.
• A recent discovery at the bottom of Lake Titicaca in Peru sheds light on Incan religious practices. Read more about what archaeologists have learned from the discovery of a stone box that contained a rolled gold sheet and an oyster shell figurine of a llama.
• Barrick Gold surged 12% after Warren Buffett’s company, Berkshire Hathaway, purchased a stake in Barrick Gold. Read more.
• Rosland CEO Marin Aleksov discusses the Federal Reserve and gold positive signals in his recent blog post. Read more about the Federal Reserve’s efforts to address the economic fallout caused by the COVID-19 pandemic and how the recent performance of the gold market compares.
• An amateur treasure hunter finds an impressive hoard of Bronze Age artifacts in Scotland. His discovery included jewelry and a 3,000-year-old sword. Read more.
• The recent discovery of Polish and Hungarian coins in a 1600-year-old settlement points to evidence of an ancient pub in Central Europe. Read more.
• A trove of early Islamic gold coins was found near the central city of Yavne by a group of young volunteers. The treasure included 425 Islamic gold coins that dated back to over a thousand years to the Abbasid period. Read more.
• Listen to the Connecticut Public Radio’s Colin McEnroe discuss why there is a shortage of coins during the COVID-19 pandemic.
• Thousands of rare artifacts were discovered beneath the attic floorboards of a Tudor manor in England, including fragments of a gold leaf-adorned piece of parchment that may point toward a secret Catholic service. Read more about the discovery.

Here is our July News Digest to help keep you well informed about current events and topics going on around the world and at Rosland Capital.

• US treasure-hunting company removed 600,000 coins from the wreckage of the 1804 frigate “Nuestra Señora de las Mercedes”. Since then, Spanish archaeologists have recovered thousands more artifacts from the ship’s remains, including silverware, cannons, and several other metal artifacts. Read more.
• Archaeologists recently uncovered the remains of what may be the oldest Viking settlement in Iceland. The ancient longhouse was hidden beneath a newer longhouse brimming with treasures and is thought to be a house of a chieftain. Among the finds were silver coins, decorative glass beads, and tiny fragments of gold. Read more.
• Gold, ore, and iron are helping Australia’s economy stay afloat amid the COVID-19 crisis, unlike other developed economies. The country’s diverse portfolio of commodity exports is showing to be advantageous. Read more.
• Western world’s increase in demand for gold is more than making up for the collapse in demand in Asia. Those in the west are purchasing the precious metal as a potential safeguard against the volatility of the stock market and have managed to keep gold’s performance favorable. Read more
• Amateur metal detector struck gold and found fourteen extremely valuable coins on her first hunt that could be worth thousands of dollars. Read more.
• Similarities in languages used to describe coins and currency points to a possible trade relationship between Germanic people and the Carthaginian Empire more than 2,000 years ago. Read more
• With economies reopening around the world market prices of gold and other metals have begun to rise. Read more
• Two mummies covered in gold leaf were discovered in an ancient temple on the Nile delta and have researchers believing they are one step closer to finding the remains of Cleopatra and her lover Marc Anthony. Read more.
• Sixteen extremely corroded U.S. pennies were discovered on the floor of the ancient Bottomless Pit in New Mexico. Read more to see what people believe to be the reason the pennies were there.
• The nationwide shortage of U.S coins during the COVID-19 pandemic has made it difficult for grocery stores to provide change. Read more to see what is causing the shortage.
• The final resting place of Queen Cleopatra may have been found after the discovery of 200 coins depicting her face and name at an ancient site in Alexandria, Egypt. Read more.
• Jeweler retired early due to the COVID-19 closures and creates a treasure hunt with his inventory. Couple buries gold, silver, diamonds, rare coins, and jewelry throughout Michigan’s peninsulas as a way to have fun and also as their alternative retirement plan. Read more.
• Gold continues to ascend through the market, and Bloomberg reports that it could potentially reach $2,000 in upcoming weeks. Read more.
• The London Science Museum is asking for the public’s help to identify a few strange artifacts that are made from gold and other materials. Read more.
• Rosland Capital is committed to creating supplemental informational hubs throughout its website to aid customers in making well-informed decisions for their asset portfolios. Read more about the useful educational resources Rosland provides