Monday, February 25, 2013

George Soros Dumps GLD, Kinross Gold, SPDR & Buys Physical?

George Soros cut his investment in the SPDR Gold Trust (GLD) in half during the fourth quarter, according to a regulatory filing. Soros also sold his stake in gold miner Kinross Gold Corp. (KGC), which was worth about $18 million, but held onto 1.7 million shares of Freeport-McMoran (FCX, Fortune 500), worth about $46 million.Soros is dumping GLD because he understands the cycle we are going through. If the EU collapses, most of the funds coming out of there will go into the USD which will push gold and silver down. That's my interpretation. Visit my new channel: SilverCoinNews for recent insightful videos regarding gold and silver direction!

Friday, February 22, 2013

Where Can I Buy Gold? Top 3 Ways To Buy Gold Here!





This video "Where Can I Buy Gold" will show you 3 favorite and trusted ways to buy the precious yellow metal! There are many people out there that want to buy gold, but have never done so in the past. After all, the process of buying gold is not as familiar to many individuals in the same way as stocks and bonds.

Among the most popular ways to buy gold are with bullion coins. For instance as an individual you can buy American Gold Eagles, American Gold Buffalos, Canadian Gold Maple Leafs, South African Krugerrands, which are all great options.

We've taken the time to make this short video on our favorite ways to buy gold. So if you've been scratching your head wondering where can I buy gold, you'll find the answers in this video the following tips and our top 3 choices below:

#3) From a trusted dealer like Apmex, Kitco or Lear Financial. This is one of the best places for purchasing gold. They can assure competitive pricing over the spot price of gold as they sell in large volumes and also have a great selection.

#2) On the stock market where you can buy gold via stock certificates, ETFs (electronic trading funds) and buy buying gold miner stocks. All you need is an online trading platform and you can buy "paper gold" on the stock market. For instance like an ETF like the GLD (StreetTracks Gold Shares ETF), which tracks the price of the yellow metal.

#1) Our favorite place when it comes to buying gold is through a local trusted dealer in your city. Just do a search for rare coin store and the usually have a good assortment and different ways to purchase bullion. Even if it's gold American Eagles (coins), actual gold bars, or even collector coins.

Thanks for watching our video, Where Can I Buy Gold. We hope it was informative and please give a thumbs up or share with your friends who are interested in investing in precious metals!

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Where Can You Buy Gold Video
Where Can I Buy Gold
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Where Can You Buy Gold
Buy Gold
How To Buy Gold
Buy Gold 2012
Buying Gold
Where Do I Buy Gold
How Do I Buy Gold
Yellow Metal
Where Can You Buy Gold 2013
Buy Gold Video
Where Can You Buy Gold Video
Where Can I Buy Gold
--------

Where Can You Buy Gold
Buy Gold
How To Buy Gold
Buy Gold 2012
Buying Gold
Where Do I Buy Gold
How Do I Buy Gold
Yellow Metal
Where Can You Buy Gold 2013
Buy Gold Video
Where Can You Buy Gold Video
Where Can I Buy Gold
--------

Where Can You Buy Gold
Buy Gold
How To Buy Gold
Buy Gold 2012
Buying Gold
Where Do I Buy Gold
How Do I Buy Gold
Yellow Metal
Where Can You Buy Gold 2013
Buy Gold Video
Where Can You Buy Gold Video
Where Can I Buy Gold
--------

Wednesday, February 13, 2013

Coins : USA Dime 1944 Coin aka "Mercury Dime" or "Winged Liberty Head"

United States of America Dime from 1944
This coin is also known as "Mercury Dime" or "Winged Liberty Head"
This coin contains 90% Silver and 10% Copper
For its silver this coin is worth about 2.00 dollars

Wednesday, February 6, 2013

.2013 Chinese Panda 1oz Silver Coin - Bullion Analysis .

The interesting thing about Pandas is among the popular online dealers: Apmex, Provident Metals, Gainsville Coins...they're older mintage not only goes up in value but are mostly sold out and most likely remain sold out because strong hands hold them and the mint isn't going to restock their older dates. Wish that silver would drop like $5 so the premiums would be offset a little. Sure wished I knew about this at the beginning. Has best ROI among silver bullion no doubt, better than privy/slabs.

This video explains why I'm advocating buying the 2013 Chinese Panda as a semi-numismatic play for the upcoming year. Learn more at: http://DailySilverUpdate.com/

If you're looking for a semi-numismatic play for 2013, look no further. Buying the 2013 Chinese Panda coin while silver prices remain low is a great strategy for people who are interested in these premium coins. The reason the Chinese Panda is such an amazing semi-numismatic coin is because every year a new design gets released. The moment that happens, all the coins that have previously been released instantly become more rare and collectable. To illustrate my point, please take a quick look at the APMEX page for Chinese Pandas and look back at what the previous designs are selling for. As you can see, all of the previous years have an added semi-numismatic premium which grows as the years march forward.

This is the main reason why investors go absolutely NUTS over these coins, not to mention how the Chinese Mint has increased Panda production 1233% in less than two years. In 2010, annual mintage figures were a mere 600,000 only to skyrocket to 6 million in 2011. The Mint is currently projecting the 2013 mintage to match 2012 at 8 million coins annually produced. All the Mint is doing is keeping up with the absolutely exploding investor demand in China and Hong Kong at the moment for physical gold and silver.

Where to go Metal Detecting for SILVER,OLD CoIns & GoLd Rings in your area


A how to video. For the beginer metal detector hobbiest ,as well as the intermediate and advanced detectorists...Where to go metal detecting for silver coins.In the beginning of this video..I shaved 5 minutes..Instead of Reading Tips on where to find the information,and Tips on how to set up your machine ,and simple Rules..I just took pictures of the dialog,and suggest that you pause and read it all...Toward the end of the video..I said..Stay in the easement...Which is the city owned area between the sidewalk and the curb..Most people will ignore you ,because that easement is already torn up for construction..However...There are a very few people that will ask ...Why are you on my property ?...Tho you are not (It is City Property)...Just say...Excuse me,and move on ...Do not argue with them..Even tho it is city property...You do not want to cause a scene and have them call the police...You will lose...I have metal detected many of these tear outs over the last 20+ years,and was only confronted one time by an irate property owner...I said..."Excuse me...I did not want to offend you,I thought this was city property (and it was, but I did not argue the point)...I stepped up to the sidewalk and walked a few houses down before detecting again..Problem Solved..Many silver coins,& old coins can be found by the beginer this way...They strip between 4"-8 inches of sod & soil off the top...Lots of times you can spot a wheat cent, a buffalo nickle ,or silver coin just laying on top of the ground...Most times you will have to dig one to four inches to find your target...Which (if the sod was still there) would have been 8-12 inches benieth the sod...Easy pickins for even the cheapest of metal detectors...Bounty Hunter detectors,as well as the Garrett Ace 250 can make quick work of the silver coins and gold rings lost long ago...The end of the video was dedicated to a metal detectorist from Norway that said the cost of living is better in Norway than the U.S.,and the cost to drink ratio was higher here in the U.S...Probably True...But not on this day...We made enough money to pay for our drinks,with enough to spare at the end...Cheers DiggingNorway

Monday, February 4, 2013

FAKE PAMP SUISSE Tungsten Filled Gold Bars found in NYC. Is your Gold Bullion Real?

FAKE PAMP SUISSE Tungsten Filled Gold Bars found in NYC. Is your gold bullion real?


A few days ago, our report on the discovery of a single 10 oz Tungsten-filled gold bar in Manhattan's jewelry district promptly went viral, as it meant that a tungsten-based, gold-counterfeiting operation, previously isolated solely to the UK and Europe, had crossed the Atlantic.

The good news was that the counterfeiting case was isolated to just one 10 oz bar. This morning, the NYPost reports that as had been expected, in the aftermath of the realization that the sanctity of the gold inventory on 47th Street just off Fifth Avenue has been polluted, and dealers promptly check the purity of their gold, at least ten more fake 10-ounce "gold bars" filled with Tungsten have been discovered. The Post has learned as many as 10 fake gold bars — made up mostly of relatively worthless tungsten — were sold recently to unsuspecting dealers in Manhattan's Midtown Diamond District. The 10-oz. gold bars are hugely popular with Main Street investors, and it is not known how many of the fake gold bars were sold to dealers — or if any fake bars were purchased by the public.

As is to be expected, the Post story is weak on details: after all, any dealer who admits to having allowed Tungsten to enter his or her inventory can kiss their retail business goodbye, as customers will avoid said Tungsten outlet like the plague, for the simple reason that suddenly counterparty risk has migrated from Wall Street to the Diamond District. The one named dealer is the same one who already made an appearance in the previous story on Tungsten in gold's clothing. One gold dealer discovered that four of the 3-inch-by-1-inch gold bars he bought — worth about $72,000 retail — were counterfeit. "It has the entire street on edge," said Ibrahim Fadl, 62, who has been the owner of Express Metal Refining, a Midtown gold-refinery business, for the last 11 years. "I and the others on the street work off of trust; now that trust is strained." Fadl, a Columbia University graduate with a master's degree in chemical engineering, and who has more than 40 years in the industry, purchased the four fake bars from a well-known Russian salesman with whom he has done business.

Ah yes, those pesky Russians: always happy to do the Fed's bidding, because who really gains from the loss of confidence in physical gold? Fadl became suspicious when he offered the salesman a deep discount for the investment-grade gold bars and he quickly accepted it, a source tells The Post. Fadl said he did his due diligence "by X-raying the bars to ascertain the purity of the gold and weighing the bars, and the Swiss markings were perfect." Tungsten is an industrial metal that weighs nearly the same as gold but costs a little over $1 an ounce. Gold closed Friday at $1,774.80 an ounce.

We wish Fadl all the best in his liquidation sale. Others, for logical reasons, are far less willing to step forward: A second 47th Street refiner, who wished to remain anonymous, said he was burned recently when he bought six gold bars that turned out to be mostly tungsten, with just a gold veneer. He would not comment, though, on who sold him the bogus bars.

The counterfeiting so far appears to have impacted solely PAMP (Produits Artistiques Métaux Précieux ) gold bars, madeby MTB, whose CEO can hardly be too happy that some "Russian" has made it a life mission to destroy the credibility of any gold stamped with the PAMP stamp. Raymond Nassim, CEO of Manfra, Tordell & Brookes, the American arm of the Swiss firm that created the original gold bars — with their serial number and purity rating stamped clearly into them — said he reported the situation to the US Secret Service, whose jurisdiction covers the counterfeiting of gold bars. He said his company "is supporting and cooperating with authorities any way we can." Nassim thought the culprit must be a professionally trained jeweler to have pulled off the caper. "The forger had to slice the original bar along the side, hollow out the gold and insert the tungsten ingot, and then reseal and polish the bar, Nassim said.

The case of gold counterfeiting has already taken NYC by storm:

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