Thursday, April 25, 2013

Silver Dollars, an American Tradition

America has a strong relationship with the dollar, it is for that reason the United States Mint has produced a variety of the legal tender both in paper gold coin, silver coin and other metal varieties. Over time there were a variety of silver dollar coins in the nation, some featured Presidents others had historic figures, but they were all American silver dollars. 

After the American Revolution, the first organized legal tender process was created by the Coinage Act of 1792. It was that legal maneuver that authorized the production of silver dollars. When it came to mint American silver dollars, the Spanish silver dollar was the inspiration for the design. Eventually two main options (Flowing Hair and Draped Bust ) made the rounds and there are dozens of different varieties of these two silver dollar designs in existence. 

Since those very first official silver dollars were first minted, there have been several other variations of silver dollars. Options include the 1804 silver dollar (minted in 1834), the seated Liberty dollar, Liberty silver dollars, Morgan silver dollars, trade dollars and many more. While all of them are silver dollars of value, some of those silver dollars get their true value from history, not the silver content within. Both coin collecting and investing in silver dollars have a long history in America, so newbies to the tradition are advised to choose a lane, either become a numismatic or a precious metal buyer. 

For those who favor the latter, buying silver proof coins or silver American Eagles are an excellent starting point. The are manufactured and guaranteed by the United States Mint for content, purity and weight. While they may not be the most valuable silver dollars to add to a silver investment portfolio, they are attractive and affordably priced, making it easy to buy silver.

Wednesday, April 17, 2013

Why Should You Be Buying Gold Bullion?

In a time of political and fiscal unrest – much like is happening on a local, national, and international level right now – buying gold bullion is your best hedge against the increasing chaos in the world.

Long sought for its beauty, its rarity, and its monetary value, gold is a tangible asset sought throughout the world. Unlike stocks, where the value can dramatically decrease based on a projected earnings report or even a market rumor, the value of gold remains fairly steady. If you are looking at buying gold bullion, you are making an investment for your future.

According Bill Bonner, in an article appearing on Forbes.com, “Gold will eventually shock everyone by rising far above $1,900. When the real crisis hits, the crisis coming in the U.S. bond market, gold will be the money that nobody doesn’t want.”

So there you have it: buying gold bullion is a wise investment choice for 2013. Even more relevant, gold prices, right now, are affordable. And when you are buying gold bullion, you are not just buying for the short term; you are buying for the long term. You are buying to strengthen your portfolio; you are buying as an investment for your future and for that of your family; you are buying it as a hedge against future instability, both nationally and on a geopolitical level.

Historically, investors have turned to gold when paper money has been in flux, when there has been inflation, when there are whispers of a recession, when the U.S. dollar has lost strength on the world market. All of those situations are happening, now. All of which means you’re not the only one looking at buying gold bullion.

With gold bullion, you have choices: buying gold bullion bars or buying gold bullion coins. Both are an excellent investment and are readily available to even the most novice investor. You can easily store your gold bullion in a home safe, transport them to a bank safety deposit box, or pay to have your gold bullion stored in a secured vault.

When you are ready to start buying gold bullion, do your research, determine which company has the best prices, which has been in business for some time and is therefore stable, and which offers the most transparent shipping and pricing policies.

You should be buying gold bullion, now: for your future.