Friday, November 30, 2012

Ten Commandments for Buying Gold and Silver

Ten Commandments for Buying Gold and Silver

  1. Always take delivery.
  2. Never buy premium if you can avoid it.
  3. Buy bullion for business, numismatics for fun.
  4. Buy silver first, then gold.
  5. Buy small gold first, then large.
  6. Never buy exotic coins or modern rarities or anything you don't understand.
  7. Know your dealer.
  8. What governments can't find, they can't steal.
  9. Never swap bullion coins for U.S. $20 gold pieces.
  10. Never break the law.

Four Bullion Portfolios

Please note that our recommendations vary depending on your concerns and the market. If you want to invest in gold and silver to protect your assets and have something easily divisible and spend-able to hedge currency depreciation or collapse, then:
  • If you have $5,000 or less to spend
    At least half in silver (either US 90% silver coin or 1oz. Silver Rounds) and half in British Sovereigns, French 20 Francs, Mexican Pesos (10, 5, 2.5 or 2) or some other inexpensive, fractional gold coin.
  • For $10,000 buy
    Two-thirds US 90% silver coin or 1oz. Silver Rounds, with the balance divided between a fractional coin like British Sovereigns, French 20 Francs, Mexican Pesos (10, 5, 2.5, or 2) AND Krugerrands, Austrian 100 Coronaes or Mexican 50 Pesos.
  • For $25,000 buy
    Two-thirds US 90% silver coin or 1oz. Silver Rounds; half of the remaining third in Sovereigns, French 20 Francs, or 1/4 oz. American Eagles; and the balance in one oz. Krugerrands, Austrian 100 Coronas, Mexican 50 Pesos, or American Eagles.
  • For $75,000 buy
    Two-thirds US 90% silver coin or 1oz. Silver Rounds; $5,000 worth of Sovereigns, 20 Francs, or 1/4 Eagles; the balance in Krugerrands, American Eagles, Mexican 50 Pesos or Austrian 100 Coronas. (For over $75,000 simply do multiples of this portfolio.)
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Wednesday, November 28, 2012

How to Buy Silver Bullion from a Local Coin Shop

How to Buy Silver Bullion

Today. a few friends and I went to my local Silver Coin Bullion Shop in Southern California and traded in our paper dollar bills into real money which is Silver. We asked a Few questions to Tracey from Covina Coin and Jeweler, who have been in business for over 20 years. She was very knowledgeable about Silver, the Economy, and even what's going on with the Manipulation of Silver Prices Remember that if you want to go out and invest in Silver, make sure to do your research about the person or business that you are buying from. As a matter of fact, shop around your local area to find the best rates for both buying silver and selling silver. Don't just go down to a random pawn shop, because they more than likely will rip you off, especially if they sense that you don't know too much about what's going on with silver. Many of them sell you silver for much higher than what the spot silver price is currently costing in the market place. At the same time, when you go and sell your silver at those spots, you can get a lesser dollar value than what the market will actually give you for your silver ounces. I trust Covina Coin and Jeweler because they always give me the best silver rates compared to other places around my area. As Always, Keep Stacking that Silver! Invest Wisely! -Luis Angel Echeverria Your Money and Silver Expert AE Mind Money

Monday, November 26, 2012

Silver is a Smoking Deal Right Now!

The supply of silver is drying up! I do not know what human do this, but they usually wait until the price goes way up before the buy. I personally think you should get in right now before it goes really hi.

Saturday, November 24, 2012

BEWARE of fake Sunshine, and Morgan silver bars on Ebay.

The cost of counterfeiting silver bullion won't give a good return until silver is several hundred dollars per ounce.

After looking on Ebay for some silver to invest in this week I came across these fake items. Be careful when buying your silver folks.

Friday, November 16, 2012

How To Profit From Gold & Silver In Volatile Markets

The price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility. Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.

Monday, November 12, 2012

Fake Silver Warning

These fake silver bars are made in China, not the US. Anyone who pays any attention at all to the world around them knows that the Chinese are the purveyors of garbage in the modern world

There are currently many fake gold and silver ingots and coins being made and sold out of China. Many of these items are made to a high quality and are hard to tell from the original for those not familiar with the original items. Below is a list of some of the current fake types available. 1 ounce Sunshine Mint 1 ounce Scotsdale 1 ounce Pan American American Prospector Many generic 1 ounce ingots including the USA flag design, scales design and "worth its weight in silver design.

Friday, November 9, 2012

Jim Sinclair - If Bernanke Is Fired, Gold $3,500 and Dollar C ollapse in 2013

Jim Sinclair says Gold to $3,500 if Ben Bernanke is fired and a dollar collapse within 6-9 months.I love gold as an investment, but I don't think it's possible for $3500 gold in the near future (6-9 months as you stated). It's going to be a steady increase over time. Be patient.

Monday, November 5, 2012

2013 Gold & Silver Predictions

2013 Gold & Silver Predictions

Usually, coin shops, pawn shops & swap meet's will give you a "cheaper" price for junk silver vs. .999 fine silver. That has been my experience anyway..Places like Apmex will & do charge just as much as any other .999 bullion Find a source that sells mixed junk bags by weight - not necessarily by face value. (Usually 715 oz for approx 1000 face) Usually at or just above spot, currently 30-50 cents per ounce over spot. If you can't afford that much, the get a few friends and go in together and find a scale to divide it up by weight. Tulving is one source you might look into..

Friday, November 2, 2012

Why Buy Gold and Silver? "Preservation of Wealth"

Look for the Government to do something called a GRI. (Guaranteed Retirement Income). They will combine 401k's, pensions and Social Security (apply means testing to each individual). then give you one lump payment. Hugo Chavez has sounded the alarm. The race for physical gold and silver is on. The western economy's debt based system is struggling to remain the global economic structure. The emerging markets including the BRIC, the Middle East, and Asia Pacific (East) are soundly backed by natural resources such as oil, natural gas, and are creditors of the western's paper game. Gold and silver are money and nothing else.