Showing posts with label silver. Show all posts
Showing posts with label silver. Show all posts

Wednesday, February 5, 2020

DON'T SAVE MONEY, SAVE THIS INSTEAD! | Robert Kiyosaki



Resources:
Read Robert's newest book Fake as well as Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!                                                                                                                  
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Thursday, December 12, 2019

How to Get Rock-Solid Assets and Start Investing In Precious Metals

The intrinsic value and non-existent credit risk of investing in precious metals can be hard to resist. Especially when you’re looking for protection against political changes and market crashes, investing in metals is a smart move.
But if you’re just getting started, it can be tough to understand how to invest in precious metals safely.
When you feel ready to enter the silver and gold market, you need to learn how to do it the right way to avoid putting your financial future in jeopardy.
If you want to make investing your new hobby, read on.

Know the Different Investment Options

One of the best things about investing in precious metals is the diverse set of investment options it offers.
For example, if you value liquidity, opt for Commodity ETFs, or exchange-traded funds. These will offer you a collection of different securities within the precious metals market, which also gives you a lower risk.
If you’re more of a risk taker, then futures and options in precious metals may pay off. You could also opt for bullion, which means that the value of your metals rests on their weight.
In short, there are tons of choices out there, so make sure to find the products and investments that make sense with your financial goals.

Choose the Right Metal for You

Another important aspect of precious metal investing?
Making sure that you’ve considered which kinds of products (AKA, precious metals) are right for you.
The value of gold isn’t as influenced by overall market supply and demand as other investments and is one of the safest investment options on the market today. It also serves as an excellent guard against inflation, wars, and other times of upheaval.
Silver has a slightly more volatile pricing structure than gold, and can sometimes be influenced by innovations that render it less valuable. (For example, when the digital camera was invented, the value of silver fell as it was no longer needed to create film.)
Platinum is another popular precious metal investment. It’s used in the automotive and jewelry industries, which means that its value can fluctuate along with the market trends in these applications.
It’s also used in the chemical and petroleum industries, which means it’s a good option for those who aren’t afraid of a little risk.
Colonial Metals will help introduce you to a wide variety of products, from silver and gold to more uncommon options like iridium, rhenium, and palladium.

Ready to Start Investing in Precious Metals?

With so many different types of investments and precious metal products out there today, there’s never been a better time to start investing in precious metals.
Just make sure that you’ve done your research, and that, if you have a financial advisor, you speak with them to ensure precious metals will fit with the rest of your portfolio.
Looking for more investing advice?
Keep checking back with us to get ahead of the next big thing in the financial world. We’ll also advise you on how to create a better budget, leaving you more cash to play the market with.Article Source

Wednesday, December 11, 2019

Max Keiser: China secretly hoarding gold and will unleash crypto backed by metal and destroy USD

Gold Backed Cryptocurrency – Australia First

A Gold backed cryptocurrency, – has just released on leading cryptocurrency exchange, CoinSpot – known as ‘Gold & Silver Standard’.


In an Australian first, both Gold (AUS) and Silver (AGS) are now listed to buy and sell instantly, 24 hours-a-day via CoinSpot, providing the investment community an easily accessible stablecoin with capital appreciation prospects.
Microinvestments mobile app,  Bamboo, also simultaneously launched the Gold & Silver Standard on its platform, allowing investors to seamlessly and instantly purchase digital assets via their mobile phone.
An innovation of Ainslie Bullion, one of Australia’s largest and oldest bullion dealers – established in 1974 – the cryptocurrency tokens allows longer-term investment as well as a stable coin for traders to park profits between trades without needing to convert to Australian dollars.
The cryptocurrency now gives newcomers and experienced traders an asset-backed token using the ‘Ethereum’ blockchain, combining the 5000-year-old monetary metal with new-age technology.
Ainslie Bullion Director Paul Engeman said Gold & Silver Standard allowed investors to ‘balance their wealth in an unbalanced world’.

The digital asset enabled investors to get their hands on the precious metals in fractional amounts, which was not always accessible for everyday people, he said.
“There are over 2.6 million Gold & Silver Standard cryptocurrency tokens available to the market now and we expect this will grow exponentially with demand,” Mr Engeman said.
“What makes the Gold & Silver Standard unique in the market is it is a quickly scalable liquidity provided by a trusted bullion expert.
“We’ve successfully combined the security, transparency, and efficiency of the blockchain with the world’s oldest and most trusted forms of monetary value in their physical form.
“That we have done this within the stable and high regulatory environment of Australia makes these cryptocurrency tokens uniquely safe.”
Mr Engeman said Gold & Silver Standard cryptocurrency tokens were unique due to being fully backed by real physical gold and silver bullion already vaulted, insured and verified in the high regulatory, geopolitically safe environment of Australia.
“Each gold and silver token equals one gram of each metal with their price pegged to the spot price of each metal,” he said.  “Both tokens are redeemable for gold and silver bullion through Ainslie at no charge and the bullion can be delivered anywhere in Australia.
“Gold & Silver Standard represent an unmatched ability to cost-effectively build a holding of gold or silver without the cost and logistics of freight and storage.  “All the bullion backing the tokens is already stored in Australia’s largest high security vault, Reserve Vault, insured by the world’s leading insurer, and verified by global audit and assurance firm, BDO.
“Every bar has a unique serial number linked to a blockchain transaction ID when it is minted and burned and at any time, anyone can verify that the number of grams tokenised equals the number of grams vaulted.”
Mr Engeman said gold and silver were up 20 per cent this year, having surpassed all-time record highs in Australian dollars amid growing global economic and geopolitical uncertainty.
“The price surge in gold and silver over the last month has come off the back of growing concerns around the global economy, US-China trade war, Central Bank monetary policy seeing a record $17 trillion in negative yielding bonds around the world, the US Federal Government commencing rate cuts, and the Chinese Yuan devaluation shock,” he said.
“While at all-time highs in Australian dollar terms, gold in US dollars still only half-way back from its previous highs during the European debt crisis, and silver even further from previous highs.
“The prospect of this USD gold and silver rally just taking off, combined with possibly further Australian dollar declines, has Australian gold and silver investors very excited.
“With both gold and silver up around 20 per cent already this year, both precious metals have outperformed the ASX200, and that is before any major market shocks have been felt.”
Ainslie Bullion’s Gold & Silver Standard cryptocurrency tokens are available to buy and sell using CoinSpot’s secure platform, and on the Bamboo mobile app.

Tuesday, December 10, 2019

5 Silver Stocks to Watch in 2019

Silver stocks can help diversify your portfolio. You can buy into some of the world’s best silver mining businesses – which I’ll cover below.

Silver is a precious metal. But that doesn’t mean it’s only for cutlery and wedding rings. Silver has industrial applications… from electrical switches and solar panels to computer chips and medical devices. Most vehicles, cellphones, computers and home appliances contain silver. Why? Because of its high electrical conductivity and durability.
So as consumers require more silver-dependent merchandise, supplies are being stretched to the brink. In fact, it’s fair to say that the world is literally running out of silver. 2018 was an especially difficult year for the silver mining industry.
Mexico and Peru, two of the world’s top silver-producing countries, reported significant declines. Mexico’s silver production dropped 2.5%, while Peru’s fell more than 5%. In North America, the results were even worse. Canada dropped 12%, while the United states reported a whopping 16% drop in domestic silver production.
The good news is that the industrial demand for silver is growing with solar panels and other ventures. If the supply is becoming scarcer, silver mining companies will become more valuable. These silver mining companies are positioned well to meet the supply gap.

5 Silver Stocks

Wheaton Precious Metals (NYSE: WPM) is the largest public silver streaming and royalty company. That means it strikes deals with mining companies to purchase metals at a discount and provides funding in return. With a market capitalization of $10.4 billion, it is a powerhouse in the silver industry. Formerly known as Silver Wheaton, the company is responsible for more than 26 million ounces of silver per year. The name change represents Wheaton’s effort to balance its silver-to-gold mix by including more gold. In 2016, the company paid $800 million to mining giant Vale (NYSE: VALE) to acquire the right to purchase 25% of the gold produced from its Brazilian mines. As Wheaton Precious Metals diversifies to become more of a gold and silver company, expect its sales to increase.
Pan American Silver (Nasdaq: PAAS) stock has dropped over the last year, hitting a 52-week low in May. But investors should consider this a buying opportunity. The Canadian-based silver mining company has a market capitalization of $2.24 billion. In 2018, Pan American announced that it would acquire Tahoe Resources, whose biggest silver mine is in Guatemala, for $1.1 billion. Pan American has steadily expanded, and it now owns and operates six mines. The biggest is La Colorada Mine in Mexico, which produces 7.1 million ounces of silver per year. The company has had growing pains, but it is poised to bounce back.
First Majestic Silver (NYSE: AG) acquired Primero Mining in 2018, and in doing so got the rights to mine the San Dimas mine in Mexico. This was a game-changing acquisition for First Majestic. With an annual production capacity of 5.8 million to 6.4 million ounces of silver, San Dimas is First Majestic’s largest and most cost-effective mine. Wheaton Precious Metals had an agreement in place with Primero, but because of the acquisition, Wheaton is now in business with First Majestic Silver. And the deal is favorable to both sides. First Majestic Silver estimates that its deal with Wheaton is 60% more valuable than the Primero deal. Additionally, First Majestic issued 11% of its shares to Wheaton. The acquisition makes First Majestic’s mining focused almost exclusively in Mexico, which is why its slogan is “One Metal, One Country.” Should it resolve all the hiccups in taking over the San Dimas mine, First Majestic Silver should see increased profits.
Hecla Mining (NYSE: HL) was founded in 1891 and is headquartered in Coeur d’Alene, Idaho. Hecla Mining was prominent in what became known as the Silver Valley of Idaho. A large part of the company’s production still comes from mining silver in Idaho, but recently Hecla has expanded to gold mines in Nevada. Hecla Mining has struggled with a host of issues, from labor troubles to lackluster operating results. But despite those issues, its revenue jumped 9% year over year in this year’s first quarter. The Lucky Friday mine in Idaho produced more silver this quarter than in all of 2018. After a difficult year last year, things are looking up for Hecla Mining.
Endeavour Silver (NYSE: EXK) is a North American mining company that has seen its stock surge recently. The company’s biggest presence is in Mexico with four operating mines. The company had a difficult 2018, but then again, so did every company in the silver industry. Endeavour Silver acquired the Bolanitos mine in 2007, but it has taken longer than expected to ramp up production. CEO Bradford Cooke stated that while “Bolanitos is running a bit behind plan,” it “continues to generate strong cash flow and should improve.” Expect Endeavour Silver to increase production and sales in 2019.

Conclusion

Silver enjoyed a long bull market a decade ago… and it might be setting up for another bull run. The last few years have been bumpy, but if a big upward trend forms, the five silver stocks above could add some big returns to your portfolio.
There are a variety of ways to invest in silver. One very popular method is buying up silver coins. Check out our guide so you can learn how to buy silver below its spot price.
Good investing,
Peter

Monday, December 9, 2019

Why Robert Kiyosaki buys Gold and Silver -Robert Kiyosaki


To learn more about the type of investments that rich people do you may want to read Robert's newest book Fake  as well as Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!                                                                                                                                                                                                    

WHY BUY SILVER? 5 AMAZING REASONS YOU CAN’T IGNORE

Are you asking yourself the question: why buy silver? If yes, then you should click here and check out these amazing reasons.
When people think about investing their money, the first place they often turn to is the stock market.
However, it’s time to think outside the stock market and turn to another worthwhile investment: silver.
That’s right, spending your money on silver is a wise investment.
But why buy silver?
Check out this guide to learn the top reasons why you should buy this precious metal.

WHY BUY SILVER? 5 AMAZING REASONS YOU CAN’T IGNORE

1. IT’S REAL MONEY

While silver isn’t a part of our currency, it is real money.
Physical silver, unlike actual money, cannot be created in some factory. So its value doesn’t depreciate over time in the same way that actual money can.
Plus, silver doesn’t have any counter-party risk. In other words, you don’t need another party to make good on a promise or contract, as is the case with pretty much any other type of investment.
There’s also no way to default on silver, and it provides you with a long-term investment.
Silver Diamond Necklace Closeup2. SILVER IS A HARD ASSET
Out of all the things you’ve invested in or considered investing in, how many of them can you hold in your hand?
Silver sets itself apart as one of the few investments in the world that you can carry with you anywhere you go. And there’s no risk of it being hacked or erased, as is the risk with other digital assets.

3. IT’S CHEAP

If you’re looking to invest in precious metals but don’t have a ton of money to spare, silver is a great investment.
While the price of silver changes each day, you can now buy it for around $17 per ounce.
Plus, because silver comes in smaller denominations than gold, you can later sell it in smaller denominations so you can keep what you need.
Silver Necklace Model Red Lips4. SILVER INVENTORIES ARE DROPPING
Another great reason to invest in silver now is because inventories are currently dropping.
It used to be that most governments held stockpiles of silver in their inventories. However, nowadays, the only countries with silver warehouses are India, the US, and Mexico.
A big reason countries no longer stockpile silver is because it’s no longer used to make coins. However, it’s still used for a lot of other purposes, which means that if there’s a scarcity in the future, industries will seek out private investors for their silver collections.

5. IT CAN BE REPURPOSED

Another major benefit of silver is you can repurpose it to make other objects while still holding on to its value.
If you don’t just want a lump of silver sitting around your house, you can repurpose it into silver jewelry, plates, silverware, serving platters, mirrors, or many other items.
This means you can get some use out of your silver while you’re waiting for its value to grow.
Why Buy Silver: Are You Ready to Invest? 
Now that you have the answer to the question “why buy silver,” it’s time to start investing.
Also, be sure to check back in with our blog for more tips and tricks.

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