Investing in Silver the Easy Way (Part 2 of 2)

[sebyboie]

isn't it .999 fine gold?

[happymana]

The Canadian Maple is the most desireable coin, it has something the U.S eagle doesn't have, that's an extra 9. The Maple is 999,9 plus it's $5 dollars. The Eagle is 999 $1 Dollar. Do the Math.

[acuriousbeast]

A long time ago I was sitting in on an informal discussion on investing in gold. There were all sorts of options and there were some strong advocates for paper ownership. The old folks said if you can't put your hand on it, it isn't yours. It's somebody else's it just has your name on it. That rang truest of all. I wasn't old then, I am now. You have the right idea. Always have a second stash though. All the eggs, the basket, you know. BullionDirect allows you to accumulate then ship, same rate.

[SilverFreedom1776]

@acuriousbeast Thanks for watching. People who bought and deposited gold and silver in bank storage vaults years ago are having problems taking delivery. So in some cases, when people thought they bought the metals, the brokers may of never bought the pms, charged for storage and never anticipated the owner taking delivery. Always take delivery, and keep your pms in a safe place.

[craiggy13x]

thanx man

[SilverFreedom1776]

@craiggy13x Thanks for watching!

[Alexiscom1]

I like James Turk I follow him on KING World News. I started with similar gold money investment called Bullion Vault. BV has a good press and they keep PM in Suisse London but after I research on number of paper claims over PM I pull all money out and I bought physical from Apmex. It is not that i have a proof that BV l average his PM 100/1 but I realise that it is impossible for me to verify and it is to attempting for them to do it. Watch my last video on paper claims over PM.

[SilverFreedom1776]

@Alexiscom1 James turk is great. I also listen to king world news. It is a great resource. Goldmoney is the only website of its kind that I trust. Their vaults are audited two times a year by an independent firm. If you look at investment vehicles like the (SLV) they offer no audit of their silver and also may be using double accounting techinques, inflating their actual holdings of silver. I will not touch the slv, or gld. Only physical from now on.

[Alexiscom1]

@SilverFreedom1776 The independent audit will only tell you that they have a certain amount of PM in their vaults. How you know the amount of deposits they hold and how many times this amount surpasses the value of PM in the vaults? The norm of leveraging in the industry is 100/1. If I rent Vault at Suisse for my PM, would you trust me to buy your metals, I am a nice guy too?

[SilverFreedom1776]

@Alexiscom1 I understand your point. When it comes to storing your PMs there is risk. But in the case of the United States who has a past of confiscating the peoples Gold. A portion of investors holdings should be accessable outside the country, out of the reach of polliticians. This can be very expensive to do, and goldmoney offers investors the affordable ability to hold a portion of your PM's outside of the United States. If you needed to hold some gold overseas, how would you store the gold?

[SilverFreedom1776]

In the event of Government Confiscation, I don't believe that the government will care what logo or denomination is impressed into the coin or bullion. There will be little discrimination. In the case of silver, I believe there is a low probability of it being confiscated because the USA has no history of doing so, but it is still possible. Gold which we know has been confiscated in the past, will be more likely to be taken. Currently I am more concerned about theft from opportunists, & crooks.

[tonyinfinity]

Why buy an American coin when they can just order us to hand it over anytime they feel the "need" to?

[SilverFreedom1776]

I agree. Keep your silver in a safe place.. Hard to argue with digging a hole somewhere to hide your silver.

[ehswan]

Bury it, and trust no one.

[neechee1]

There is also Central Fund of Canada. But it's not pure silver. I think it's 50:50 gold and silver. It also trades for a premium over spot.