Fact 1: One out of every seven Americans has at least 10 credit cards.
Fact 2: 59 percent of all Americans now receive money from the federal government in one form or another.
Fact 3: According to Gallup, 41 percent of Americans believed that the economy was
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Silver has substantially outperformed gold over the past several years. If these two precious metals are not trading in parity then surely there must be some reason for the silver bull run. Many experts believe the silver bull run is far from over and maintain that investors looking to protect their hard-earned wealth continue to increase their exposure to gold and silver as an investment.
It may be speculating as to whether investing in silver on spikes would be considered chasing silver or not. A more disciplined method of investing in silver is
DetailsGold: Currency or Commodity? “Gold is behaving not just as a commodity right now, it’s really behaving as a currency,” Suki Cooper, commodities analyst at Barclays Capital, told CNBC after gold hit another high in trading. In an unrelated segment. Eugen Weinberg, senior commodity analyst at Commerzbank, told CNBC “We need to look at gold…
DetailsIn a hypothetical situation in which you are walking down the street and you see 3 bags of money on the ground with time to grab only one. One with $10,000 in USD, One with $10,000 worth of Euros, and one with $10,000 in gold, Which one do you grab? 3 bags of money on…
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This was a sign at an Ashland, Oregon station taken this month implying that if customers were to buy their gas with pre-1964 silver coins then they would only pay .20 of the face value of the coinage per gallon. These coins are now in demand because they have 90% pure silver content and are sometimes referred to as junk silver because they had no collector value at that time. Junk silver is becoming more and more difficult to come by.
Two Roosevelt dimes
DetailsRobert Kiyosaki explains the benefits of investing in gold and silver because
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When it comes to precious metals investing, many investors wonder if they should buy gold, silver or both. The core component to wealth building strategies in precious metals investing should be in direct correlation to the needs of the investor however both gold and silver have their strong points. Experts have measured stock/flow ratio, store of value, demand from central banks, scarcity and gold/silver ratio. You can analyze those factors all day, but it all seems to come down to affordability and taste.
Precious metals investors often ask “Is silver a better investment than gold?” and seem to ride the fence at times of whether they should focus their wealth building strategies in precious metals investments on gold or silver. Many experts believe investing in silver is better than gold in our current economic climate for several reasons.
One of the most popular modern wealth building strategies is investing in silver coins. When investing in silver coins there are distinctions to be made as all silver coins are not minted equal.
Wealth building strategies that are discussed here involve the direct purchase of silver bullion coins that trade close to spot price and not
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Silver is a precious metal that is very attractive to investors for various reasons. Silver has historically increased in value as gold has, however it can be purchased at a much lower cost than gold. Silver as an investment even outperformed gold when gold outperformed the
