Tuesday, April 17, 2012
In this video Doyle gives you dozens of different options for storing your silver coins, silver bars and your silver bullion. Storing silver is serious business. If you do it right, life is good. If you do it wrong, you can lose it all in an instant. Doyle has spent months researching the storing of silver and now you can benefit from this quickly and easily. Step one is to create a silver storage plan. The key to the plan is to diversify. Don't put all of your silver bullion in one place. Smart investors spread it out. If you take a loss, you still have some silver left that is in other hiding or storage places.
Wednesday, April 11, 2012
Friday, April 6, 2012
There are many ways to own Silver. Here are a few examples.
Silver ETF- A Silver ETF basically trades like a stock. For instance, you can buy the silver ETF (SLV) and the price will go up when the price of silver goes up. However, the price can go down when the price of silver go down. Bear in mind, however, a silver ETF is only good for speculating on the price of silver. If you want to "own" silver, you should buy silver bullion.
Silver Bullion - Silver bullion are silver bars and coins. You can buy silver bars and coins at your local gold and silver dealer. Or you can safely buy online from large dealer like APMEX and Bullion Direct. Silver bullion usually trades anywhere from 15% to 50% over the spot price of silver. Owning silver bullion is a great way to protect you against a falling dollar.
Junk Silver - Junk silver are silver coins that were once minted by the United States decades ago. These nickels, dimes, quarters, half-dollars and dollar coins have anywhere from 30% to 90% silver content. Junk silver has some great advantages over silver bullion. You don't have to worry about he condition of the coins. You can dump them into a bag, unprotected and it won't effect the value of the coins. Also, you can buy junk silver in small amounts. And if there is a major financial crisis, junk silver coins can be used to buy gas and groceries.
Thursday, April 5, 2012
The Krugerrand is a South African gold coin, first minted in 1967 to help market South African gold. The coin proved popular, and by 1980 the Krugerrand accounted for 90% of the gold coin market. It is produced by the South African Mint, and offered in one ounce, a half ounce, a quarter ounce and a tenth ounce of actual gold weight. The Krugerrand was introduced in 1967, as a vehicle for private ownership of gold. It was actually intended to circulate as currency. Therefore it was minted in a more durable gold alloy, unlike most other bullion coins. he Krugerrand is 32.6 mm in diameter and 2.74 mm thick. The Krugerrand's actual weight is 1.0909 troy ounces (33.93 g). It is minted from gold alloy that is 91.67% pure (22 karats), so the coin contains one troy ounce (31.1035 g) of gold. The remaining 8.33% of the coin's weight (2.826 g) is copper (an alloy known historically as crown gold which has long been used for English gold sovereigns), which gives the Krugerrand a more orange appearance than silver-alloyed gold coins. Copper alloy coins are harder and more durable, so they can resist scratches and dents. The Krugerrand is so named because the obverse bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. The reverse depicts a springbok, one of the national symbols of South Africa. The image was designed by Coert Steynberg, and was previously used on the reverse of the earlier South African five shilling coin. The name "South Africa" and the gold content are inscribed in both Afrikaans and English Krugerrands were specifically created to be traded in the global market. They are the only 1 oz gold coins to not have a currency value attached to them. The value is based completely on it's gold content. The Krugerrand was the first 1 oz gold bullion coin and set the stage for other countries to mint bullion in the 1 oz measurements. Krugerrands are still one of the most internationally traded forms of gold and while at one time the most popular still is in the top 3 in terms of trade volume. Due to the change in attitude on paper currency and the financial markets, gold has emerged as the most trusted form of hedging against financial crisis with a those buying gold flocking to the Krugerrand.