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Tuesday, August 13, 2019
Gold And Silver Gain Altitude As Savings Rate Disappoint And Trade War Fears Keep Investors From Finding A Place To Put Their Money To Work!
GOLD AND SILVER HAVE REALLY COME INTO THEIR OWN AS AN INVESTMENT VEHICLE IN THE LAST TWO MONTHS. IF YOU CAN AVOID HIGH COMMISSIONS WHEN BUYING AND SELLING THESE METALS, YOU CAN REAP HANDSOME PROFITS. 3 MONTHS AGO, YOU COULD BUY FRACTIONAL GOLD, SAY A 1/10TH OZ .9999 GOLD COIN FOR $131.00 TODAY, YOU COULD SELL THAT SAME COIN FOR NEAR SPOT OF $151.77.
EALIER IN 2019, SILVER WAS HOVERING JUST OVER $14.00 AN OUNCE, TODAY YOU CAN SELL IT FOR $17.31 AN OUNCE! A HUGE PROFIT. THE ONLINE DEALERS HAVE MARKUPS ON SILVER COINS OF ANYWHERE FROM $3.99 TO $8.99 AN OUNCE AND THEN CHARGE YOU ANYWHERE FROM $3.99 - $10.99 SHIPPING IF YOU DO NOT BUY A MINIMUM AMOUNT. IF YOU BUY SILVER BULLION, OFTEN YOU CAN PURCHASE IT FOR .49-.69 CENTS OVER SPOT WHICH IS AN AFFORDABLE WAY TO PURCHASE BULLION.
GOLD IS A TOTALLY DIFFERENT STORY. SINCE THE PRICE HAS GONE UP NEARLY $300 AN OUNCE THIS YEAR ALONE, FRACTION GOLD COINS SEEM TO BE THE WAY TO GO. 1/10, 1/4, AND 1/2 OUNCE PURE 24K GOLD COINS SEEM TO BE THE WAY TO GO HERE. OTHERWISE ITS' JUST TOO EXPENSIVE TO BUY BECAUSE OF THE COMMISSIONS INVOLVED.
SOME OF THE ONE OUNCE COINS ARE EXTREMELY BEAUTIFUL SUCH AS THE HIGH RELIEF GOLD PIECES PUT OUT BY THE VARIOUS AND SOME HAVE EXTREMELY LIMITED MINTAGES MAKING THEIR VALUE EVEN MORE INTRINSIC THAN THE GOLD CONTENT ITSELF. THE WORLD OF COINS IS INTERESTING AND EDUCATION AND HISTORY CAN BE HELD IN YOUR HAND WITH SUCH COINS AS THE MORGAN SILVER DOLLAR OR THE PEACE SILVER DOLLAR.
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