Sunday, May 8, 2011

Silver eagle coins

The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver In this difficult economic time and the debasement of the dollar by the FED , there is a rush for real assets to use against inflation, especially gold and silver bullion. Everyone is looking for a place to buy, sell or invest in gold and silver. Gold and silver and precious metals that are increasingly seen asreal money instead of the dollar which has no intrinsic value and is only a currency .The Silver American Eagle is America's only official investment-grade silver bullion coin. It is also the world's only silver bullion coin whose weight, content and purity are guaranteed by the U. S. Government.Since the American Silver Eagle's initial production in 1986, they were available in proof and mint state varieties and starting in 2006, burnished strikes became available as well. The United States Mint produces proof versions of American Eagle Bullion coins for collectors.

Keep the faith in silver

keep faith in the silver market the fundamentals are still there , the shortage is still there , and the FED is still debasing the dollar despite all the manipulation and rigging the future for the silver is bright , and there is one way and one way only where the silver price is heading and that is up up and up , I hope you take advantage of this pull-back and purchase more physical silver , you may never see those low prices again....keep stakin folks...




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Mike Maloney explains the Silver Pull-back

Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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