In 2013, total world physical silver demand stood at a record 1,081,000 troy ounces. Jewelry & Silverware Demand Accounting for approximately 25% of annual silver demand, silver jewelry and eating utensils have long been prized for their brilliant luster and easy workability. A rising gold price and growing markets for mid-priced jewelry have led many…
It is estimated that throughout human history approximately 1.5 million tonnes of silver have been mined able to fit into a 52-meter cube. Unlike gold, which is almost all entirely with us still today, most silver has been used and thrown away without being recycled. Expert sliver researchers state that 90% of all silver mined…
I am now going to assume that you dear reader… You have studied and learned the fundamental reasons to buy silver and gold today and you are also conscience of many of the possible pitfalls involved with silver and gold investing. You understand a naive investor can lose a lot (if not all of their…
Unless you are day-trading for price exposure to the silver and gold price, I suggest you steer clear of paper silver and paper gold vehicles. Paper Gold / Paper Silver – (n) a derivative imitation of silver / gold made by human beings. Exchange Traded Funds (ETFs) aka Exchange Traded Products (ETPs). Popular examples of…
There are myriads of motives and goals you may have for your silver and gold buying. Later we can examine them in more detail, but for now, I will take a stab at some basics. For the most part, silver and gold buying boils down to two factors: wealth preservation and growth. Wealth Preservation The…
If you are new to the gold and silver game, you will likely look up the silver or gold spot price and assume that is the price of physical gold or silver. Well if the world of silver and gold price discovery was legitimate and honest, that may be the case but I digress, for…
Silver vs Gold ➤➤➤ Your Metal Percentage Mix? I have an important question for you. Quick, get a piece of paper and write down a no more than 100 word answer to this critical question. Don’t worry, I’ll wait right here and I’ll actually do the same thing with you. We can then compare notes….
If bullion buying and selling privacy are of importance to you, take note. All bullion dealers in the U.S.A. are required to follow the IRS’ rules on silver and gold reporting in regards to #1, anti-money laundering policies (AML) and #2, sales of bullion from customers to dealers. Anti-Money Laundering aka A.M.L Compliance If you…
Let us begin by differentiating amongst the three choices so we are on the same page regarding the industry’s definitions of bullion bars, rounds, and coins. Bullion bars – (n) physical precious metal in a bar form, its value almost entirely derived from its melt value alone. They are mostly struck by private mints, although…
In general the larger the bullion product’s size is the lower the price per ounce will be. That said I suggest you steer clear of 1000 oz silver bars and 400 oz gold bars for their weights are never homogenous, they are more susceptible to counterfeit than smaller items, and they are cumbersome to move…
Silver bullion bars and rounds when sold in 1000 ounce or more allotments to dealers are not private. Gold bullion bars and rounds when sold in kilo or 32.15 ounce or more allotments to dealers are not private. Some gold coins (Canadian Maple Leaf coins, South African Krugerrand coins, Mexican Liberated coins) when sold in…
When you choose your bullion brands or hallmarks, take into account the amount of active market makers for that specific product. For instance, there are ten of thousands of coin dealers who buy and sell gold and silver Eagle coins or Sunshine mint bullion bars for example in the U.S.A. Conversely there may not be…
I tend to prefer U.S. bullion coinage (Eagle and Buffalo coins) as I am a U.S. citizen and they are legal tender in my country. By having legal tender U.S. bullion coins, it gives me the right to explicitly use their face values in private contracts of sale or purchase so long as I find…
Generally the easiest bullion gold products to transport internationally are government issued 24k gold coins with legal tender face values. Many governments (Canada and Singapore for example) tax 22k gold coins so if you are thinking about moving your gold bullion abroad, I suggest steering clear of 22k Gold Eagle and Gold Krugerrand coins. If…
If you have concerns about bank freezes and the need to use bullion in commerce, there are some simple options available. You can buy small silver and gold coins, bars, or rounds and even breakable gold bars if you like. At $20 an ounce, a few ounces of silver would obviously a bit easier to…
In the counterfeit markets there are basically two types of fakes. Bronze silver and gold plated counterfeits are more commonplace… while hollowed out bars have been sold as recent as 2012 in New York’s famous diamond district. In general the smaller the product the more difficult and less profitable to make high grade counterfeits (like…
Depending on your age you may believe you will simply buy and hold bullion for the remainder of your life. Bullion is certainly easy to pass on to heirs if you so choose. I know for a fact there are tens of thousands of young people, including myself, who are aggressively allocating our savings into…
This is rather self-explanatory. Gold stacks in smaller square footage to silver. Know where you will safely hide your bullion before you buy it. Bars stack easiest. Mint cases of coins maybe a close second dependent upon the type. Sadly silver Eagle coin mint case are like Cadillacs, if space is an issue, drop the…
First, decide whether you want to buy online or locally. Chances are high, even if you are in a major metropolitan city, your best prices will be found online. Why is that? Sheer volume and overhead costs. An online dealer doesn’t have all the brick and mortar costs associated and they have the market of…
When you visit any competent silver and gold dealing website you should be able to buy from their website 24×7. To commit to buying a product, the website will need collateral from you typically in the form of a live active credit or debit card, or full payment via card or PayPal. No business savvy…
First and foremost, the less people who know about you silver or gold bullion ownership the less risk of theft you may be facing. This may also sound paranoid but take heed, the highest propensity of having your bullion stolen is by someone closest to you (family, friends, or house servants). Beware you too social…
Selling your bullion and getting a good bid price is every bit as intricate as intelligently buying your bullion. Full attention to detail is required to successfully sell your bullion at the best price. When it comes to turning your bullion into fiat currency there are hundreds of online and perhaps local options too, especially…
The best and safest way to ship Gold & Silver Bullion is by using the United States Postal Service’s Registered Mail service. Why Registered Mail? USPS Registered Mail offers the pinnacle of both safety and insurance. In fact, you can get up to $25,000.00 of insurance per Registered Mail parcel. With FedEx or UPS, they…
You have almost completed this JM Bullion Buying Guide, a man-shake is in order (all female readers, please excuse this locker room humor for a moment)… Put her there brother! Seriously though, …with your completion of this guide, you now have a solid foundation to protect yourself and your financial future with whatever comes to…