<![CDATA[Blog]]> https://silvergoldbull.com/blog/ Sun, 01 Feb 2015 00:25:37 +0000 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[IRA Eligible Gold and Silver]]> https://silvergoldbull.com/blog/ira-eligible-gold-and-silver/ Planning for retirement is a must these days given the rising costs of living and the fact that many people are living longer. Back in the day, you could survive on just your social security check because you were not likely to live into your eighties, nineties, or beyond. These days, people live longer, and the costs of living are rising. Health care, housing, and the day-to-day expenses don’t disappear when you retire and no longer have a regular paycheck coming in.

This is why a growing number of people headed into their golden years are adding gold and silver to their Individual Retirement Account (IRA) portfolios, as seen at sites like silvergoldbull.com. There are a number of reasons why such funds are important to the current retiree and the future retiree:

Purchasing gold and silver allows for diversification

Remember when the market crashed in 2008? Many people who had retired or were just about to retire and had their shares in stocks saw the value of their IRAs and 401Ks disappear literally overnight. While the stock market has made a turnaround since those dark days (when it seemed like the world was falling apart), diversification---having your money in different places and in different styles---is extremely important when it comes to IRAs. This is where investing in IRA-eligible gold and silver comes in. It allows for much more diversification than an IRA split between stock and bond investments does.

Gold and silver are real money

Did you know that, according to silvergoldbull.com, the purchasing power of paper money in the United States has declined by 98% over the past hundred years? Unlike paper, gold and silver have lasting value. This is because there is only a finite amount of real gold and silver in the world, and it cannot be created or inflated. Since ancient times, gold and silver have had real value as money. This is an added advantage to investing in the metals: they will continue to have real value, even when cash money loses value due to inflation.

Gold and silver have value beyond currency

Did you know that many of the world's electronics and machinery, which literally help keep the world moving, rely on both gold and silver to do so? Not to mention all of the uses of jewelry that need silver and gold. No wonder people have coveted these metals for thousands of years; the uses of the items are important in so many aspects of everyday life.

Gold and silver are a great place to park your money in

If you are worried about investing in things like real estate and taking a bath when value does not increase the way it should, you should strongly consider gold and silver as a place to invest for your IRA-eligible funds. The value of the metals is not affected by inflation the way paper currency is. To learn more, visit silvergoldbull.com.

Wed, 14 Jan 2015 17:05:42 +0000
<![CDATA[Sources of Silver and Gold]]> https://silvergoldbull.com/blog/sources-of-silver-and-gold/ There are many sources of silver and gold, including online dealers. These websites sell different types of precious metals. Be able to identify which gold is worth your investment and how much to pay. The following guide provides useful tips and information for buying gold and silver online.

How are Gold and Silver Sold?

Gold and silver are sold by the troy ounce, which weighs more than the standard ounce (28.35 grams). One troy ounce is equivalent to 31.1 grams. Gold has varying degrees of purity including 6K, 9K, 10K, 14K, 16K, 18K, 22K, and 24K. The K stands for karat and describes how pure the gold is. 14 karat gold contains gold and additional metals, while 24 karat gold is pure gold. To determine the gold percentage contained in the piece, divide the karat number by 24 and multiply by 100. So 14 karat gold is 58.33% gold.

To find out how much a piece of gold is worth, compare it with the precious metals market, which trades gold. The price of gold at the end of the trading day is usually several hundred dollars per ounce. If it were $1,200 per troy ounce, determine the price per gram by dividing it by 31.1. The result is $38.59 per gram.

Now weigh the piece of metal and find out the purity. It is usually engraved on the gold piece. If the gold piece is 14K and weighs 12 grams, determine how much of the 12 grams is pure gold. Divide 14 by 24 and multiply by 12. The result is 7 grams of pure gold.

Then multiply 7 grams by $38.59 to get the value of the 14K gold piece that weighs 12 grams. The result is $270.13. You can expect to pay at least this much for the gold. Usually, the dealer will add much more to this value to make a profit, so negotiate with the current price of gold.

There are varying purities of silver on the market, including:

  • Ultra fine silver - 99.99%
  • Fine silver - 99.9%
  • Sterling silver - 92.5%
  • Coin silver - 90.0%

Ultra fine silver is engraved with 999.9, while fine silver is engraved with 999. Silver bullion bars are made of fine silver. Sterling silver is marked with 925 and usually contains copper. Valuable jewelry and silverware are usually made with sterling silver. Most coins made in the US before 1965 were made from coin silver, including quarters, dimes, half dollars, and silver dollars.

Rarer silver purities in circulation:

  • Old Mexican silver pieces - 98.0%
  • English Britannia silver - 95.84%
  • Canadian silver coins - 80.0%

Buying Numismatic Gold and Silver Versus Bullion

There are two types of precious metals on the market. Numismatic gold and silver are not produced in modern times and are generally valued for their collectability and rarity rather than their actual market value. Most of these pieces cost more than a similar piece of bullion of similar weight. Some examples of numismatic coins include:

  • Pre-1933 $20 and $10 Eagle coins
  • Peace silver dollars
  • Swiss 20 Francs
  • British Sovereigns

Bullion is considered gold bars, silver bars, and ingots. The term is French and means 'boiling.' It is considered a much better investment than numismatic pieces and is usually the bulk form of most precious metals on the commodity market. The minimum purity for gold bullion bars is 99.5% and for gold bullion coins, the minimum purity is 90%. There are several factors in the global markets that lead to an increase in bullion investment, including inflation and civil conflict.

Gold and Silver Storage

After purchasing gold or silver, find a secure place to store it. Most dealers will ship the gold directly to you, so invest in a safe or open a safety deposit box at a bank. Another option, especially if you have invested in a lot of precious metals, is to have the dealer store the gold for you. Silver Gold Bull offers its clients seven secure facilities located around the world. Each facility is double audited and the contents are insured. You can expect safety, security, and privacy, with zero counter-party risk. Silver Gold Bull charges a low 0.5% annual rate for deposits.

Advantages of Silver Gold Bull

Silver Gold Bull sells several types of precious metals including gold, silver, platinum, and palladium at fair prices. Select from numismatic or bullion coins and bars. Our secure website lets you place orders from the comfort of your home. It is backed by well-known internet security companies and standards including McAfee and VeriSign. This includes a hacker-safe SSL connection that protects privacy and data. Your purchase history is safe and no paperwork is required for purchases under $10,000. Silver Gold Bull also provides investors with a unique program that lets them save money over the long term. Called the Long Buy Program, it groups several orders together and ships them after six months. This lets you place orders at an optimum price and avoid purchases that will result in a loss on your investment. Wait a month, two months, or more until you are comfortable with the prices and still save money by shipping all the orders six months from the initial order. Contact Silver Gold Bull today and ask about all our precious metals and storage options.

Ph: 877-646-5303

Fri, 09 Jan 2015 21:27:12 +0000