I protect my silver Eagles from tarnish by putting them into Air-Tite cases.
, for numismatic, special, or display things it's fine to have airtites. But I think when someone is accumulating a lot of generic or gov. Minted things it's better to just have a tube for 2 reasons: 1. Space. 2. Added cost. Even if u can get them for as low as .30 each, that will add up a lot in the long run.
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Wednesday, July 24, 2013
Bullion Shortage in India
Gold imports by India, the world’s biggest user last year, may plunge after the central bank linked inbound shipments to exports to cut a record current-account deficit and stem a decline in the currency.
Overseas purchases may tumble 63 percent to 175 metric tons in the six months through December from a year earlier, said Bachhraj Bamalwa, a director at the All India Gems & Jewellery Trade Federation. The Reserve Bank of India announced new rules late yesterday, making it mandatory for importers to set aside 20 percent for re-exports as jewelry.
The curbs may cause a shortage of bullion in the domestic market as the country’s average annual exports of gold jewelry are about 70 tons, Bamalwa said. Consumption in India, which imports almost all the bullion it uses, was 864.2 tons last year, according to data from the World Gold Council.
http://www.bloomberg.com/news/2013-07-23/gold-imports-by-india-may-slump-as-purchases-linked-to-exports.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Overseas purchases may tumble 63 percent to 175 metric tons in the six months through December from a year earlier, said Bachhraj Bamalwa, a director at the All India Gems & Jewellery Trade Federation. The Reserve Bank of India announced new rules late yesterday, making it mandatory for importers to set aside 20 percent for re-exports as jewelry.
The curbs may cause a shortage of bullion in the domestic market as the country’s average annual exports of gold jewelry are about 70 tons, Bamalwa said. Consumption in India, which imports almost all the bullion it uses, was 864.2 tons last year, according to data from the World Gold Council.
http://www.bloomberg.com/news/2013-07-23/gold-imports-by-india-may-slump-as-purchases-linked-to-exports.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Labels:
Bullion Shortage,
India
How to Spot a Fake Diamond
July 24 (Bloomberg) -- Bloomberg News takes you inside Solitaire Gemmological Laboratories to teach you three simple steps you can do to spot a fake diamond.
Labels:
Diamond
Jim Cramer : Dig for Jr. Gold Miners
Gold prices have risen some 8% since July 8, and that means you should look at buying junior miners, Jim Cramer tells TheStreet's Joe Deaux.
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Jim Cramer
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-Comes in tubes, stays in tube.
-Comes in plastic sheet, stay in plastic sheet.
Me likee buy silber. me no likee buy Airtite.!!!!