During volatile economic times, more people are turning to investing in precious metals. That is because, for at least the last 100 years, the value of metals like gold and silver has consistently outpaced the rate of inflation. If you are just starting out in metal investing, you may have no idea where to start.
Have you ever wondered what to do with your silver coins? Are you interested in learning about the benefits of owning silver coins or how to identify and sell them? If so, this article is for you! Silver coins have a rich history and can provide a range of benefits for collectors and investors alike.
Precious metals investors often use the gold-silver price ratio to decide which metal to buy. Known as the GSR, it is derived by dividing the price of gold by the price of silver.
Goldman Sachs forecasts a federal deficit of $3.6 trillion for the current fiscal year. Last year’s deficit was a mere $984 billion, for a 3.6- fold increase. Fedgov’s fiscal year ends September 30.
On our Specials Pages, we offer for sale—at really low prices–various forms of gold and silver. For example, on our Gold Specials Page you will often find small old European gold coins, old US gold coins, scratched or slightly dinged coins, and commemorative coins.
Several reasons to buy pre-1965 US 90% silver coins. Note that this blog post is dated March 10, 2020. When posted, we were selling 90% at .39 over spot. Then came the coronavirus. One, we are selling them at .39 over spot (dimes and quarters). In hot markets, such as in 2011, they can pick
Not only have central banks added to their gold holdings, so have gold-backed ETFs.
There are lots of reasons for owning gold and silver. The rising federal debt alone and a government that has abandoned fiscal responsibility could cause interest on the national debt to top $1 trillion in ten years.
For the 45 years that I’ve been a gold/silver dealer, I’ve never recommended numismatic or collectible coins. And, I’ve been proven right.
In this clip, billionaire investor Paul Tudor Jones talks about gold being the investment for the next 12 to 24 months. In fact, he states that gold “has everything going for it.” A few days later, Bloomberg reported that Tudor pulled the trigger on an $82 million purchase of gold-related shares.