Friday, May 31, 2013
This video shows you how to use the "magnet test" to help determine which 100oz Engelhard silver bar bar is real, and which is fake (made from lead).
Silver is diamagnetic, meaning that a magnet will not stick to it, but you will feel strong resistance when moving a strong magnet on the surface of the silver. Although lead is also diamagnetic, it is much less so, as this video shows.
Note that this test will likely not detect real silver bars that were hollowed and filled with lead (the ring test might, however).
The magnet test can positively determine that a bar is fake, but cannot positively determine that a bar is real. For a very accurate test, you can use an ultrasonic thickness gauge (check our our other videos to see one in action; we were the first to use this technique).
Wednesday, May 29, 2013
US Gold Eagle and US Gold Buffalo coins, all weights, are not reportable for any quantity.
Foreign coins sold in quantities of 25 ounces or more are reportable. Foreign coins include, but are not limited to: South African Krugerrands, Austrian Philharmonics, Chinese Pandas, Canadian Maple Leafs, British Sovereigns, etc.
Fine bars sold in weights of one kilo (32.15 troy ounces) or more per transaction are reportable.
Bullion coins sold in any quantity are not reportable. Examples include, but are not limited to: Mexican Libertade, US Eagles, Austrian Philharmonic, Canadian Maple Leaf, etc.
Bullion bars and rounds, .999 fine, sold in weights of 1,000 ounces or more per transaction are reportable.
Junk bags of 90% coins, $1,000 face value or greater sold in a single transaction are reportable.
As outlined here, a gold and silver bullion investor can avoid any 1099B reporting requirements by simply pursuing a buying strategy of coins that are exempt. We must add a note of caution: arranging the sale of bullion in multiple transactions to skirt the reporting requirements will expose the seller to further scrutiny and possible prosecution. A dealer that determines a seller is using a pattern of sales to avoid 1099B reporting is required to file a Suspicious Activity Report
Friday, May 24, 2013
many people are confusing accessibility with extinction. Silver—and every other precious metal—will become increasingly difficult to access, but never extinct. Price (or technological advances) will solve the problem of accessibility. Again, call me when landfill mining becomes profitable..
Wednesday, May 22, 2013
French francs,please rate this video and leave comments - gold French coins are closely similar to the Swiss Gold Franc for content and value. They may be one of the most overlooked gold coin investments available. The French Napoleon gold was minted from 1852-1870 and are over 150 years old and define French history. French Gold Angel was minted from 1871-1906, however, this design was on earlier coins and made a come back due to it's popularity being known as the "lucky angel" coin. it has a long history of fables and stories of bringing good fortune and luck. French Rooster was minted from 1907-1914 and is the most common French gold coin purchased by investors who buy gold in bulk for investment
Friday, May 17, 2013
Wednesday, May 15, 2013
Economist and investor Peter Schiff on Why Silver Is A Buy Now.Peter Schiff is a renowned economist and author known for his spot-on assessment of the world economy, stocks, and the stock market. Peter Schiff is a licensed stock-broker who manages his own investment company, Euro Pacific Capital. He regularly creates video blogs and writes about the economy, and he has consistently made his clients money with his stock picks and investment strategies even during the world recession.
Monday, May 13, 2013
Friday, May 10, 2013
For casual investors and professional dealers alike, the idea of how to choose gold bullion is critical to know over these current times since it is possibly the best sort of gold investment you can get currently available. The process of buying gold bullion must be planned well out. Understanding how to buy gold bullion properly is vital.
Back in the day of gold's popularity the only kind of gold a person could purchase were the large four hundred ounce solid gold bars or coins including the Krugerrand. Over time, this example changed and at this time there is definitely an enormous selection of gold bullion in the popular forms of coins and bars available from many mints in countries all over the world.
Now you may easily buy gold bullion coins bars no more than one gram and even 1/20th of an troy ounce. However, buying gold in this tiny quantities is very little very practical since expense is so high. The average cost margin on small gold bars includes expensive packaging, certificates along with the profit margin with the mint or dealer you are purchasing from.
Prior to buy gold bullion coins you have to understand that gold bullion comes in the form of either coins or bars and the all are available in numerous types, sizes and weights.
The larger gold bars are attainable inside a multitude of sizes and weights from no more than 1 grams worth to a couple dollars per 1 ounce, 10 ounce, 100 ounce and even 1,000 kilogram bars. Furthermore, fortunately they are available in the original 400 ounce bars or ingots which can be commonly bought by large corporations and/or institutions.
Different types of gold, when purchased comes at a cost plus a premium in the monatary amount which can transform every moment everyday. The tinier the bar or coin will result in the greater the premium. There's a specific cost to produce gold knowning that will not change a great deal. Ultimately, the production costs for gold bullion coins are actually better than bars since they are a lot more complicated to development and build. Because of this, they may be a lot more expensive for buy and not really well suited for the average casual gold investor.
When you find yourself buying gold bullion it is far better to acquire the biggest sized bars that you can personally afford. The bigger the gold bars are, the nearer to the specific market value of gold you may well achieve on your wages, which has a proportionately less margin to cover. However, bear in mind that there will always be some margin to cover however this could be reduced down to virtually a couple of percent with all the larger bars. Don't forget that you will need factor in storage and security costs to protect ignore the so there is really a good balance to be drawn.
When you can manage to buy gold bullion inside the 500 ounce bars size then it's conceivable that you can also pay the transporting and storage fees connected to such a large price of gold. Virtually all bars of such large size usually are stored safely in secure bank vaults. If you purchase a 1 gram bar you'll probably pay twice the price of the particular gold. Then again your security or storage issues will be even less. Something that small can easily be hidden in your house or office and literally impossible to find.
Understanding how to buy gold bullion online basically begins with the problem of methods much you might be ready to spend. Once you determine that factor you'll be able to discover various dealers, suppliers and mints to determine precisely what are available.
Some important facts to keep in mind are you will want to choose an established dealer, supplier or mint. You'll be able to safely obtain dealers on sites including eBay but be sure you check out the dealers' feedback and whether or not they have established yourself.
Obtain the current worth of gold per ounce or gram in USD. This is the standard used. Organic and natural for the cost of the bullion bars offered.
Go with a gold bar that closely matches your actual price range and provide the best margins. Using this method you will not be overspending on any gold bullion purchases.
One important fact to question yourself, when purchasing gold bullion online, is whether or not you actually need certificates to accompany your investment. This facts are that it may be regarded as to become valuable, in case you opt to market it later, however with the lesser sized bars you might be highly unlikely to obtain your cash back due to the margin you have to pay unless the price of gold rises exceptionally high. Of course, you can overlook this matter if you are happy to keep your gold investment for the number of years period.
Wednesday, May 8, 2013
How to survive the coming global economic collapse? According to Lindsey Williams!
1. Hoard food, water, medical supplies, guns, ammunition, tools, and equipment!
2. Families must help the less fortunate in their families, and neighborhoods, churches, etc.
3. Get out of debt, and start putting real money away, where you have saved enough to pay all increased fees, and taxes.
4. Families need to move together on the same property, and share in the work! If part of the extended family lives in Tennessee (for example, and some in Oregon, and some in Washington, move together and share in the burdens, work, and a group helps build happiness, where people by themselves breeds loneliness and withdraw!
5. Learn new skills, and learn to barter and trade clandestinely, but only do it with those you can trust!
6. Buy gold, silver, platinum, palladium, diamonds, and other precious stones and metals including bulk copper! When the tough times hit, everyone must pull their weight including small children — like helping in the garden or mowing lawns for money — where the money is pooled to help pay the property taxes, furnish food, gasoline, etc. If gasoline gets clolsed down, every one will have to have horses to do the farm work By 2014 Gold is intended to be at $2200 dollars per ounce and by 2016 gold is intended to be at $3000 per ounce, and silver by 2014 is to be at over $100 per ounce, and by 2016, silver is intended to reach $750 to $1000 per ounce! All other precious metals and stones will rise incrementally also! Food is intended to double by 2014 and quadruple by 2016 if they do not force a financial meltdown first, and if they do, then it becomes anyone's guess!
Therefore, hoard food, water, medical supplies, guns and ammunition, tools of all types, and/or learn to make your own, grow at least part of your own food, and learn to fix all automobiles and trucks, and equipment! Buy as much gold and silver as you can every month! Money left in cash will become almost worthless, therefore, it is better to have it in real tangible assets!
Only time will tell how accurate Lindsey Williams predictions (with the help of his Elitist Friend inside the New World Order) will be!
I wish you all the very best! Remember, there is more safety in numbers! If you do nothing, you will probably get caught in their web of deceit!
Remember to hid and cache your valuables, guns, food, water, medical supplies, tools, etc.!
Monday, May 6, 2013
I just wanted to show some of the new investors out there some of the premium silver you can buy. also give you some of the pros and cons of doing so,
Friday, May 3, 2013
Of course gold is a highly impracticable way to barter now. The idea is that in the event of a partial currency collapse you'd still have your savings protected. In the event of such a collapse we'd likely adopt a barter system for a period of time, and it just so happens that its much easier to carry and safeguard an ounce of gold than 8 tons of coal or 350 gallons of gasoline.
Wednesday, May 1, 2013
Business at the Perth Mint is brisk in the wake of gold's sharp price drop in mid-April, reflecting the global trend of demand for the yellow metal.
"We haven't seen this type of demand since the 2008 financial crisis. Our business has doubled. We're racing to try to get as much stock out as we can," said Ron Currie, Perth Mint sales and marketing director.
Since a few days are left in the month of April, the Perth Mint doesn't have final sales figures yet, but Currie shared gold bar and coin sales for the first few months of this year to give an idea what "double" means. Coin sales in the first quarter of 2013 were 97,541 ounces, versus 65,538 ounces in 2012 at the time. The 2012 figure is lower due to unusually low sales in February. Total gold bar sales in the first three months of 2013 were 69,885 ounces, similar to last year's sales at that time, 69,517.
The average monthly sales figure for the coins in the first three months of 2013 are about 32,513 ounces and the average monthly sales figures for the bars are 23,295 ounces.
The Perth Mint is one of a handful of elite global mints, on par with the U.S. Mint and the Royal Canadian Mint. It is owned by the Government of Western Australia and is the exclusive producer and issuer of Australia's gold, silver and platinum bullion coins.
Buyers are focusing on bullion products in the purchasing spree, with the one-ounce Kangaroo coin and bar a favorite, Currie told Bull Bullion Report in an interview. The one-ounce size is the most popular with investors even during normal sales periods.
"We've had some numismatic sales, but all the sales we've seen lately are for the bullion product. It's skewed more to gold, but silver is beginning to see a pickup in sales," Currie said.
For silver, the one kilogram bar and coin is hot, he added.
The Perth Mint is starting to see some interest in fractional coins offerings, which Currie said might be a result of supplies running out elsewhere. This week, the U.S. Mint suspended sales of its one-tenth ounce gold bullion coins, but said it has ample supply of other sizes. News reports have said that retail demand is strongest for the small coins.
The Perth Mint also sells platinum bullion coins, but those are not drawing the buyers. "Surprisingly we're not seen as much interest in the platinum products. The type of person who is buying wants gold. A lot of this is latent demand (by people who) wanted to buy but didn't jump in until now," he said.
Currie said demand is coming from European and American buyers more than anywhere else. Demand from those geographic regions is typical, he added. gold "gold bullion" "perth mint" perth "perth australia" australia "gold coins" kangaroo "australian kangaroo" stock supplies sales "gold bar" "silver bullion" figures 2013 trend trends trending news report bullion "u.s. mint" u.s. "united states" america american platinum asia asian europe trading "1oz gold" numismatic future retail china "spot price" premium apmex mint investment investing "gold etf" usd dollar currency bullbullionreport bull bear market silver eagle gold eagle gerald celente alex jones david icke lindsey williams agenda may 1 To keep up with demand, the Mint is running at full capacity to produce blanks and to have enough product on hand to sell the most popular items, Currie said, adding that they are considering suspending production of the "less popular" sizes, but didn't elaborate on which sizes.
Currie said they have supplies of all bullion products, but are running low on the one-ounce Lunar design coin.
"We're doing everything we can to keep up with demand," he said.