How To Buy Silver At a Discount
As a young child, I was attracted to old silver coins because they looked and felt so different than the shiny coins with copper centers. Since I was born in the 1961, there was still a fair amount of junk silver coins available for the taking. Just about every dime, quarter, and half dollar contained real silver. Had I known this, I would have kept a vault of them!
I collected fair amount of silver dollars, half dollars, and quarters. All but one old Franklin half dollars are spent. What does a 5 year old child know about money other than instantaneous gratification? More than likely, I spent the silver coins on toys and candy.
My 9 year old son is much wiser than I was at his age. He spends most of his allowance and birthday money on silver coins. He has a few American Silver Eagles, Kennedy 90% half dollars, silver bars, and other valuable silver pieces. I have been teaching him to buy it on sale and to lock in the profits.
We visit small banks and sort through coins with tellers who get a kick out of a little kid collecting coins. On one such visit, he netted about 14 junk silver Kennedy half dollars. Not a bad take for a Saturday afternoon. His cost was only his time. Now that is a bargain!
In September of 2011, silver dipped below $29 an ounce. Some people worried about a crash in the silver price. I smiled and told my little son “Silver is on sale, so let’s buy!” And buy junk silver we did.
Silver has been on sale all year despite all the world financial crises that abound. European nations like Greece, Spain, Italy, and Portugal are facing bankruptcy and could default on their debt obligations. Many nations, central banks (aka banking cartels), and the Federal Reserve have been manipulating the financial markets. If you missed buying silver at deep discounted price levels, you can still get it on sale today if you act swiftly.
Do You Want To Save Money On Silver Bullion Coins Or Bars?
While I am writing this article, the spot price of silver has fallen in price to approximately the same amount that it was selling for a year ago. The market swings of 10-15% that we are seeing is caused by fear and greed. I cannot predict the future and I am not going to tell you that you will make money.
Needless to say, history will prove itself again and you can almost predict that silver is going to increase in value because it’s so rare. The United States dollar has been inflated with the addition of money added by the Federal Reserve. Check your local numismatic (coin) stores for junk silver coins for sale and buy $100 face value to use a real money in case of hyperinflation.
Junk silver are real 90% silver U.S coins .10, .25, .50, and 1.00 denominations. They are portable, easy to store, and can be used as real money based on their silver content.
How To Store Your Own Stockpile Of Precious Metals In A Dedicated Vault In Less than 6 minutes
Even if you know little or nothing about purchasing precious metals like gold bullion or silver coins, you can get all the assistance that you need from reputable companies like Goldsilver.com or OfferVault.com. You can have your account opened in less than 5 minutes and have your purchased precious metal stored safely in a vault. Both allow physical storage and delivery options.
I think it is important to have part of your precious metals physically delivered to your home or safe house. Personally, I feel better knowing that some or all of my silver bullion is near me when I need to get out of town fast. In some instances, the storage of precious metals or other valuable assets may invite trouble from unruly people. I have a lot of people searching how to buy silver in Philippines and it’s easy to do it through companies like GoldSilver.com as they offer physical storage and delivery.
This Is Why The Price Of Silver Should Soar In Price In Relation To The Price Of Gold
The commercial and industrial use of silver compared to gold is huge. Investment grade silver is not as abundant as investment grade gold. There is 3 times more investment grade gold on the world market than investment grade silver. You can see the industrial use of silver in the manufacturing of electronics, dentistry, and the photographic industry. Annually, there is 8 times more silver mined. Despite this much mining, most of the silver does not make it to the investment market because it is sold for industrial use.
Many investors understand that gold and silver and can preserve their wealth and yet don’t understand that silver can make one very wealthy because it is so rare. The appreciation of silver compared to gold has been a factor of 2 in the past decade. In other words, for every $1 dollar gain you had in gold profits, you would have received $2 in silver profits if you purchased equal dollar amounts of each metal.
Many of the thugs running Wall Street cannot hide the upward momentum in precious metals. The free market has determined that precious metals are in in bull market and no one is trying to hide this. With gold teetering around $1600 mark, purchasing silver for approximately $32 an ounce is much easier.
Why Fiat Currencies Will Be A Thing Of The Past
If you keep yourself up to date reading online financial news, you are bombarded daily with negative news about bail outs of nations and their currency crisis. Most Western nations have accumulated large amounts of debt with no way ever to repay the debt without defaulting.
To help ease the debt created by the United States, The Federal Reserve doubled the money supply using a method called quantitative easing (QE). For an in-depth definition of quantitative easing, visit Wikipedia. Many monetary analysts and investment experts agree that hyperinflation is going to shatter the United States economy in proportions that we have never imagined before. This process cannot continue without it imploding from the inside. There is only so much currency that a central bank can print without wrecking the savings of the people.
How is hyperinflation going to effect you? Gold and silver used to be the back bone of the U.S currency whereas now it’s backed by good faith (or lack of) of the United States Government. Your retirement portfolio will become worthless if it is a US dollar-based retirement account.
If you want some insurance against hyperinflation, then purchasing silver coins and gold bullion should be part of your financial planning. Both gold and silver have long been regarded as a reliable hedge against runaway inflation and are the only true money.
Which Eternity Ring Do You Choose?
Eternity rings are a very popular choice for wedding rings or anniversary rings. Their timeless beauty will never go out of fashion. When you choose your eternity ring for someone you love, there are several things you should consider. Firstly, which are the precious metals, you should choose? This may be obvious, if you match the stone. If not, then you may need to do some research on the different types of metals available, their properties, and the pros and cons of each.
Gold has been the most popular choice in rings throughout the centuries. Twenty-four-karat gold is pure gold. It is too soft for use in jewelry business alone. When buying antique diamond rings, you do not want gold that is so soft that it bends easily. This can lead to loss of stones. Moreover, the surface of gold is so soft that it is easily scratched and begins to look dull. Eighteen karat gold is quite soft, but some prefer the color of fourteen and eighteen karat gold. Its durability is very close, but the eighteen carat gold, has a slightly darker color. Compare the two when you are buying an eternity ring, and you can decide what you would prefer. Keep in mind that an eighteen carat gold eternity ring must be treated with a little more care over a fourteen carat ring. They are a little softer and less durable. If the ring you buy is going to be used every day, a fourteen carat may be the best choice.
When people talk about gold, white gold is the natural color. Some people prefer white gold. White gold is alloyed with other metals and can have several different shades of yellow. If an eternity ring of white gold is what you are looking for, then you can check with the person you’re buying from and make sure that you are not allergic to nickel. You should find out what metals are included in white gold, before buying it. Rhodium is very beautiful, very bright and very white. A ring of white gold will eventually start to look like yellow gold, and you need to get it re-plated. CZ rings or moissanite rings are also great ring types to get.
Platinum is the most popular choice for eternity rings today, and for good reason. It costs more, but the quality, durability and beauty of a platinum ring cannot be compared to the other precious metals. Platinum is white, like white gold, but will not wear out and become yellow over time, as white gold. The brightness of platinum appears to be deeper and makes the diamond really shine brighter when it is used as a parameter. Eternity rings have small diamonds and a platinum ring can really make each stone count. The brightness and color stability of platinum make a very good choice. Another important thing to note about platinum is that it keeps the diamonds and gemstones more secure than other metals. Platinum is also heavier than other metals.