“We Buy Gold” Companies Are Stealing Money From Your Pocket, And Smiling About It
There are tons of ways to save for a rainy day. This article isn’t going to serve as your financial advisor of course, but some of these ways include: Ordinary passbook savings, Investing in real estate.
Reasons Why You Should Be Investing in GoldGold investing is very lucrative in times of uncertainty and it provides a great store on value and a means of protection against inflation. The gold price performance has a history as far back as the general stock market.
The Best Ways to Start Investing in SilverInvesting in silver can be a very profitable or it can be a very costly learning experience. I have invested in silver for the past 10 years and grew concerned over the commercials I am now seeing, “buy silver now!” I have called a few of those companies to hear what advice they had and it wasn’t good.
The Gold Rush Too Early Or Too Late To Buy?Investors tend to flock to gold when there is instability in the global stock or currency markets. The reason for this is gold is viewed as a safe haven or a hedge for stocks or currencies. Therefore, if you’re using gold in your portfolio to hedge against any downside risk then that could be a good decision. Pinpointing the exact time when a peak in the price will turn into a valley is pretty much impossible; no one has a crystal ball, but one must be aware and prepare for the eventuality of falling gold prices.
Buying Gold Bullion – Understanding the Modern Gold RushWhen you decide to buy bullion it’s good to use as a hedge against inflation that is caused by money being printed. It is in fact a tangible asset which means that it has some intrinsic value.
Indispensable Silver in DemandDemand for precious silver continues to grow throughout world markets as its three main pillars of usefulness develop further. These are decorative and industrial uses (56.5%), photographic materials (15.9%), jewelry (20.3%) and silverware (7.3%) that taken together account for approximately 95% of all sales. There are several enduring reasons why so many people continue to choose to invest in silver. These include flexibility combined with strength, sensitivity to light, electro-thermal conductivity, the range of temperatures it can bear, and of course, its timeless eternal beauty and intrinsic value.
A Lesson In Selling Your Gold and SilverSelling your Gold & Silver requires that you get somewhat educated before you conduct business with the thousands of outlets hungry to buy from you. I recommend doing a little homework, getting a couple of appraisals, and only doing business with experienced folks who aren’t looking to wheel and deal. Remember, if they ask you “how do you want for it?” You are in the wrong place to sell your precious jewelry.
Where Is the Best Place to Buy Silver?The best place to buy silver is the one that gives you the best results. This may sound obvious, but it is the honest answer. Determining where the best place to buy silver depends on exactly what you are looking for. The APMEX is repeatedly recommended as the best place to buy silver. These people say online? American Precious Metals Exchange was created to serve as a source where investors could diversify their portfolios with gold, silver, platinum and palladium for less money than typically found elsewhere.? This is true as they have some great deals with great customer service.
How to Invest in Gold and Silver in 5 Simple and Safe StepsYou will find the 5 simple steps to invest in gold and silver bullion easily and securely so that you can reap the rewards of the gold and silver bull market. You will also find the reasons why you should seriously consider adding gold and silver to your portfolio to both diversify your investments as well as taking advantage of the inflation fighting nature of gold and silver.
Is the Bull Market In Silver Finished?As I write these words silver has just collided off of a brick wall that has capped its upside performance since its old 1980 high of $50 an ounce. It is now in what appears to be a death spiral to the day-traders, momentum players and technicians that dominate today’s markets as never before in history. As they consult their all powerful charts these trend chasers see a classic double top at $50 an ounce that has held for thirty-one years. Case closed! There is really nothing more to consider. If you are a stock market addict like I am you see these kinds of pronouncements all the time in the commodity markets. What they are blind to is that there is a radical difference between the stock market and the commodity markets.