Investing in Silver the Easy Way (Part 2 of 2)
Uploader Comments (SilverFreedom1776)
All Comments (15)
-
isn't it .999 fine gold?
-
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.
-
@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 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?
-
@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.
-
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.
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.
acuriousbeast 1 year ago
@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.
SilverFreedom1776 1 year ago
thanx man
craiggy13x 1 year ago
@craiggy13x Thanks for watching!
SilverFreedom1776 1 year ago