Choosing A Precious Metals AdvisorIn an unregulated industry, there are things you need to look for, learn more. Gold coins were one of the very oldest forms of money, or currency. This was later followed by silver coins. Gold coins were in circulation in the US from 1838 until 1933. The design was the Liberty Head bust, however this was only minted until 1907. This design was then changed to the Indian Head and Saint Gaudens motifs and was used until 1933, the start of the Great Depression. This then prompted the recall of gold coins which makes them very difficult to locate today.
These companies are also beset with rising labour costs and tighter regulations in some countries. Hence, investing in gold mining companies is akin to a leveraged play on the price of gold, he says. It is better to invest in a pure-play vehicle like gold ETF, he says.
Bridge Jewelry: Is also made from precious metals including sterling silver and the stones used are lovely semi-precious gems of aquamarine, garnet, citrine, amethyst and many others. Basically those gems that are not of the famous four are considered to be semi-precious.
If it’s your desire to invest in gold or silver, stick with buying coins or bullion that is minted for that purpose. Stay away from numismatic coins and stick to your guns when you get the sales pitch that these coins can’t be confiscated by the government or that the sale of these coins won’t be reported to the government. As a matter of fact, I would recommend that you run the other way any time these scare tactics are used on you to try to get you to buy something that you don’t want or don’t need.
Like every other investment, gold and silver investment have their pros and cons; they have their good days and not-so-good days. Regardless, their benefits are enthralling. From being a generational investment to being inflation-proofed, gold and silver are certainly worth their weight.