Wednesday, April 10, 2013

Gold & Silver Coins Investment

By law banks cannot insure the contents of a safe deposit box so do you have additional insurance for it? The vaults could be searched by government without the need to notify owners.



Brief discussion on Gold and Silver coins as a viable investment

Article 1, Section 8:
The Congress shall have Power . . . To coin Money, regulate the Value thereof, and of foreign Coin . . . ; To provide for the Punishment of counterfeiting the Securities and current Coin of the United States . . . .

Article 1, Section 10:
No State shall . . . coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts....

Silver Demand, Is the world really running out of Silver ?





An interesting look into silver's history as money along with the current supply vs demand numbers. Topics in this video include: The four attributes that made silver so valuable to early civilizations: 1) Malleability 2) Aesthetics 3) Antibacterial 4) Rarity

Supply and Demand - Traditional Silver Uses:
1) Jewelry 2) Coins, medals 3) Silverware

Industrial Silver Uses:
1) Photography 2) Electrical 3) Soldering 4) Ethylene Oxide 5) Photovoltaic Cells

Silver Demand by Country:
These five countries make up over 60% of global silver demand
1) United States 2) Germany 3) India 4) China 5) Japan

Silver is Supplied from 3 Main Sources
1) Recycling 2) Net Gov't Sales 3) Mine Production

Silver Thursday
It all started in the late 1970s when the Hunt Brothers attempted to corner the silver market. The COMEX implemented new rules that heavily restricted the purchase of commodities on margin and the price plummeted. To avoid the crash of several Wall Street banks, a number of banks bailed out the Hunts with a $1.1 billion loan.

Majority of Global Silver Production has been consumed
Some estimates say up to 95% of total supply has been consumed and thrown into a landfill.
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

Robert Kiyosaki ‏: The keys to success, in business and in life, are truthfulness



Robert Kiyosaki ‏: The keys to success, in business and in life, are truthfulness, the ability to take and give honest and well-intended feedback
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
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