Investing 101: Building Your #PreciousMetals Portfolio. Investing 101: Building Your Precious Metals Portfolio. Estimated reading time: 7 minutes One of the biggest questions for new buyers of precious metals is "What should I buy? " The first rule often addressed is to avoid collectible or numismatic coins and the exceptionally high premiums that dealers charge for them. This discussion will lead into, how to determine which of the precious metals to own and provide some guidance regarding which bullion coins, rounds, or bars will meet your objectives.
Should You Buy Gold, Silver, Platinum, or Palladium? Silver looks undervalued relative to gold at the moment. The gold / silver ratio is currently around 60, which is to say one ounce of gold is priced at about 60 times the price of an ounce of silver. This ratio has generally been much lower on a long-term historical basis.
That said, during period of extreme fear and uncertainty, gold will outperform silver and be less volatile. General guidelines: Determine the Purpose of Your Bullion Investment Keep Transaction Costs Low What Do You Like? Pre-1965 #Silver Pocket Change Provides #Investors With an #Economic Future. Pre-1965 Silver Pocket Change Provides Investors With an Economic Future - Money Metals Exchange - Commentaries - Advisor Perspectives. Among all the choices you have for gold and silver bullion, genuinely historic metal is still around at reasonable prices. The runaway classic is ninety-percent U.S. silver coinage.
The lyrical ring of a handful of silver coins speaks not only to the history of the United States but also the entire heritage of sound money. Simply put, pre-1965 silver used to be called "pocket change. " Everyone had some, saved some, spent some. Silver money was a natural part of everyday life. Today, those circulated silver coins are the remnants of economic confidence Americans once took for granted. After the government cut the cord to gold in 1933, Americans still had their silver for another three decades. Congress abandoned silver coin currency in 1965 as the nation was slipping into irreparable bankruptcy. President Lyndon Johnson demonstrated his economic ignorance by warning Americans against hoarding the silver coins. Nor does it include U.S. silver nickels (1942-45)
. © Money Metals Exchange. #Gold And #Silver Spot Prices Increasingly Detached From Reality. Gold And Silver Spot Prices Increasingly Detached From Reality. Gold And Silver Spot Prices Increasingly Detached Frome Reality by Clint Siegner, Money Metals Exchange An insolvent Greece has defaulted. On June 30th, officials missed repayment of billions in lMF loans and declared a banking holiday. Predictably, many Greek citizens responded to the crisis and bought gold coins. So did a lot of people here in the U.S. and around the world. You just wouldn’t know it by looking at spot prices. The regular disconnect between the futures markets, where spot prices are set, and the physical markets reveals a growing problem. The availability of metals in a retail form is one cause. Get the entire 10-part series on Warren Buffett in PDF.
The exchanges are supposed to be a meeting place for rational buyers and sellers evaluating fundamentals and making decisions about what is a fair price. These powerful market players aren’t trading physical metal, and they care very little about the fundamentals that motivate the rest of us. One thing is for sure.