Friday, March 30, 2012

Four Reasons Why You Should Invest in Gold & Silver

Within the next decade, many financial experts predict that the U.S. dollar will more than likely lose all of its purchasing power. Millions of Americans that currently depend on programs such as Social Security and unemployment benefits will experience a rude awakening. These government entitlement programs are on the verge of vanishing.

Unfortunately, the wealth of many Americans will be virtually wiped out within the next few years. However, there will be a small majority of people who will become wealthy by investing in precious metals, such as gold and silver.  Here are a few benefits of investing in gold and silver:

1. Precious metals can be easily liquefied.

Regardless of whether you have a silver or gold coin collection (or both); you can convert it into cash very quickly.

2. Silver and Gold are secure investments.

Over the past few years, stocks, bonds and other financial products have proven to be very risky investments. Unlike these investment products, gold and silver are tangible items. You can’t hold and feel the value of a company’s shares of stock.

When it comes to precious metals, you cannot create ‘more’ like you can with financial products because there is a fixed supply.  A gold and silver collection has added value because the personal worth of a collection can be determined by its rarity, age, condition and the coin's metal content.

3. Precious Metals offer an assortment of ways to invest.

You can choose to collect proof coins, gold, silver or even American eagle proof coins – it’s all up to you.

4. You don't have to be a savvy investor.

Investing in precious metals doesn't require extensive financial knowledge. All it takes is a little planning and research. Regardless of your age, investing in gold and silver is a wise investment.

For Best Results - Diversify Your Investments

Any good financial adviser will recommend diversifying your investments. For best results, you should have a mixture of gold or silver in your portfolio. When you diversify your investments, it will make your portfolio a lot stronger in the long run. Most of all, when you invest in precious metals, you're preserving your wealth and financial future.

Do you want more information or have questions about investing in gold and silver? Feel free to contact me at

Tuesday, February 28, 2012

Gold & Silver Are Soaring in 2012

Gold and silver is paving the way for economic change. As the U.S. dollar continues to dwindle, gold and silver are finishing strong. Gold for April delivery rose to 0.9 per cent (or $15), to settle at $1,786.30 a troy ounce.  Precious metals are souring, even in a bad economy, thanks to Greece.  During this past week, Greece reached a budget deal that will provide much needed financial support from their international creditors. This will ease up some of the pressure on the euro.

Due to the declining U.S. dollar, this will make precious metals seem cheaper for gold buyers who use other types of currencies. Another reason why precious metals are doing so well is because gold and the currency are directly linked because many investors purchase gold to protect against inconsistency in the dollar.  According to commodities analyst, Ira Epstein, when Europe decided that they were going to keep Greece thriving with the printing presses, that’s what “got gold going”.

A few investors predict that the European Central Bank will continue to boost the currency union’s debt strained members by amplifying its balance sheet in order to help relieve the credit crunch.  As far as silver is concerned, it gained a total of 27 per cent.  For March deliver, silver increased 3.8 per cent to settle at $US35.556 a troy ounce.

Why is ‘Now’ the Time to Invest in Precious Metals?

Remember back in October of 2011 I mentioned, in one of my blog posts, that you can't go wrong when investing in precious metals?  I also stated that precious metals will rise to $2,300 an ounce by the end of 2012, according to some analysts. Well, it is only February and precious metals are hitting an all time time as the dollar continues to slip.  If you’ve been contemplating whether or not you should invest in precious metals, let the latest increase speak for itself.

Getting Started with Investing in Gold and Silver

As you know, 401(k) and social security are all on life support. For example, in Albany, NY, Governor Cuomo is thinking about dropping the 401(k) option for incoming public workers. He also wants to increase the minimum retirement age for public workers. So, they will have to work extra years in order to become eligible to for their retirement pension. His proposal will also prevent workers from stuffing up pensions with "excessive overtime".  If Cuomo is doing this in New York others will more than likely to follow suit. 

Let’s be realistic,  if your ultimate goal is to secure your financial future, any smart investor can see that gold and silver rule.

To find out more information about investing in gold and silver, contact me at:

Monday, February 6, 2012

Top 5 Advantages of American Eagle Proof Coins

Investing in gold and silver American Eagle proof coins offers an assortment of benefits. For instance, the value of proof coins increases but not just on the spot price.  Proof coins are also known to have collector value because they are minted in less quantity and a different minting process.  Perfect example, last week the spot price of silver dropped but the price of silver eagle proofs went up because the mint ran out of proof coins.  Although investors may have lost money on regular silver eagles, silver eagle proof owners made a profit.

Another advantage of investing on gold and silver coins is that it does quite well against inflation.  Proof coins have always been an excellent investment regardless of whether inflation is helping or hurting the stock market.  

Here are a few benefits of investing in gold and silver American Eagle proof coins:

Diminishing Supply

Unlike other investments such as stocks, increase in demand makes the price increase of coins inevitable. In other words, the supply of coins will never be increased to meet the new demand. It can only be satisfied with higher rates.  Best of all, a limited supply of coins actually decreases the downside risk.

Proof Coins are Liquid

What is the advantage of investing in coins when it comes to liquidity?  When you’re ready to sell your coins, you receive payment much faster than other investments such as stocks.


One major advantage of investing in coins is that the investor is not required to file any kind of government reports. So, you can remain an anonymous investor.

Excellent Tax Terms

With gold and silver coins, you don’t have to worry about shelling out extra money for taxes.  The only time you’re required to pay any kind of tax is when you sell your coins.

Proof Coins are Affordable

When compared to other investments such as real estate, you can invest in coins regardless of what your coin investment budget is.  Investments such as real estate demand an extremely large sum of money.

If you’re thinking about investing in the proof coin market, the five benefits above can be a great help in making your decision.  There’s no question, proof coins are considered an excellent addition to an investment portfolio. 

Do you want more information or have questions about investing in gold and silver? Feel free to contact me at

Tuesday, December 27, 2011

The Advantages Of Adding Precious Metals to Your IRA or 401K

Whether you're a seasoned investor or you're just starting out, you have worked diligently to secure your financial future. However, there are various financial conditions that can affect the stability of your investments. Regardless of where you live, the U.S. or abroad, the economy can wreck havoc on your retirement income, pension plan and other financial investments. According to financial experts, an investor should have 20 percent of his/her portfolio in precious metals with the current economic climate.

If the weakening of the U.S. Dollar and the unpredictability of the stock market is having you wonder about the security of your financial future -- you're definitely not alone. More and more people have become concerned about their financial future. Don't let these frightening factors place your hard-earned money at risk.

Why Precious Metals?

Regardless of the time period in history, precious metals have always remained a hard asset - unlike stocks and many other investments.  Unlike other investment options, precious metals, such as gold, silver, palladium and platinum are considered an excellent guard against value erosion. Regardless of whether an economy is experiencing inflation or financial instability, precious metals have stood the test of time.

Gold, silver, palladium, platinum and bullion have helped sustain people’s savings against the harmful effects against unpredictable market events. This is why precious metals are considered a sound investment. These valuable precious metals can serve the same function for your 401k and IRA.

Types of Precious Metals to Place in a 401k or IRA

A precious metal must be recognized by a national mint in order to have precious metals placed in a 401k or IRA. Below include the types of metals that qualify:

Gold. Gold bars from an assortment of qualified refiners, Austrian Philharmonic coins,Canadian Maple Leaf coins and  American Eagle coins.

Silver. Silver bars from an array  of qualified refiners, Austrian Philharmonic coins ,Canadian Maple Leaf coins and American Eagle coins.

Palladium. Canadian Maple Leaf coins and Palladium bars from various qualified refiners.

Platinum. Isle of Man Noble Coins, American Eagle coins, Canadian Maple Leaf coins and Platinum bars from qualified refiners.

How it Works?

All you have to do is move your IRA to precious metals by transferring your existing IRA to a qualified precious metals IRA custodian. You can also rollover your 401k as well. The next step would be to talk with a precious metals specialist.

Advantages of Placing Precious Metals in an IRA

Buying gold, bullion, silver, palladium and platinum allows you to diversify your traditional IRA or Roth IRA.  Best of all, you can even transfer your existing IRA to a qualified precious metal IRA without accumulating fees or taxes. You can also take possession of bars, coins and sell them in the future or you can cash out on your metal holdings. The bottom line is, precious metals allows you to have a more flexible and balanced portfolio.

Do you want more information or have questions about investing in gold and silver? Feel free to contact me at

Monday, October 17, 2011

Benefits of Investing in Precious Metals

Why would I invest in gold instead of other investment options?  Gold is a tangible investment and it’s one of the few investments you can actually hold in the palm of your hand. For decades, streetwise investors have acknowledged that gold plays a major role in having a diversified portfolio. Plus, it has been recognized (for decades) as a safe haven asset in this unstable economy with true value.

Gold has also experienced a series of consecutive successes, for example, in September, gold sky-rocketed. According to analyst, it has had the longest “winning streak” since the 20s. Gold is expected to climb to $2,000 an ounce by the end of 2011. By the end of 2012, it will rise to $2,300 an ounce. You can’t go wrong when investing in precious metals.

Many investors are also placing their IRAs into precious metals.  More and more people are investing in gold, silver and bullion coins like never before.  Here are a few more good reasons to invest in precious metals like gold:

Gold & silver guards against inflation.

While other investments are losing money left and right, gold and silver are doing just the opposite. Precious metals are the ideal investment because when inflation is on the rise, the value of gold and silver increases.

Precious metals are marketable and liquid.

Gold is an excellent way to increase the marketability and liquidity of your portfolio.  This is mainly because of the high demand the precious metals market has been experiencing over the past few years.  

Precious metals are a tangible investment.

As mentioned previously, you can hold precious metals in the palm of your hand.  Unlike stocks and mutual funds, you can take possession of your investment and keep it safe and secure in a safe deposit box.

Choose from a variety of precious metals.

You can choose to invest in an assortment of precious metals like platinum, gold, silver, etc.  Another reason why many investors love precious metals is because it offers flexibility.  You can customize your investment strategy according to your investment needs.  You can even choose precious metal funds which allow you to invest in multiple metals.

Precious metals are world-wide currency.

For hundreds of years, precious metals have been used globally as currency.  If you own precious metals, you can exchange it for currency anywhere in the world. Keep in mind, that you can use it as currency only if you actually have it in your possession. This doesn’t apply to stocks or precious metal funds.

Diversify your portfolio with a precious metal investment.

Having a diversified investment portfolio is crucial in these tough economic times.  When you invest in precious metals, you’re diversifying your portfolio.  As a result, you’re maximizing your returns and reducing risks. You can actually add these investments to decrease the trading volatility and boost the trading stability.  

Do you want more information or have questions about investing in gold and silver?  Feel free to contact me at

Monday, August 22, 2011

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Monday, August 8, 2011

Gold is More Expensive Than Platinum?!?!?!

It seems like everyday we reach a new record high in Gold.  Today was an interesting new high as Gold prices reached and then continued to soar above the price of Platinum.  This jump in price came after Standard and Poors downgraded the US Credit Rating from "AAA" to "AA+"...Wow!  The Dow also fell over 634 points for the largest one-day decline since 2008.  We pretty much saw RED across the board today, except with precious metals.  I think it's time to really consider where your retirement money is.  I know mine is in precious metals and I highly recommend putting your IRAs and 401k into precious metals.  If not all of your retirement money, than at least a large chunk of it.  Obviously, the market agrees with me as prices and demand continue to increase!  My recommendation is to buy gold, silver and palladium...diversify within precious metals.

Do you want more information or have questions about investing in gold and silver?  Feel free to contact me at