New Reduced price! View larger

Ten Commandments For Buying Gold and Silver

M00186233

New product

In stock

$127.16

-56%

$289.00

More info


 
Ten Commandments for Buying Gold andSilver
 
1.
 
Always take delivery.
 2.
 
Never buy premium if you can avoid it.
 3.
 
Buy bullion for business, numismatics for fun.
 4.
 
Buy silver first, then gold.
 5.
 
Buy small gold first, then large.
 6.
 
Never buy exotic coins or modern rarities or anything you don't understand.
 7.
 
Know your dealer.
 8.
 
What governments can't find, they can't steal.
 9.
 
Never swap bullion coins for U.S. $20 gold pieces.
 10.
 
Never break the law.
 
Four Bullion Portfolios
Please note that our recommendations vary depending on your concerns and themarket. If you want to invest in gold and silver to protect your assets and havesomething easily divisible and spend-able to hedge currency depreciation or collapse, then:
 
If you have $5,000 or less to spend
 At least half in silver (either US 90% silver coin or 1oz. Silver Rounds) andhalf in British Sovereigns, French 20 Francs, Mexican Pesos (10, 5, 2.5 or 2)or some other inexpensive, fractional gold coin.
 
For $10,000 buy
 Two-thirds US 90% silver coin or 1oz. Silver Rounds, with the balancedivided between a fractional coin like British Sovereigns, French 20 Francs,Mexican Pesos (10, 5, 2.5, or 2) AND Krugerrands, Austrian 100 Coronaesor Mexican 50 Pesos.
 
For $25,000 buy
 Two-thirds US 90% silver coin or 1oz. Silver Rounds; half of the remainingthird in Sovereigns, French 20 Francs, or 1/4 oz. American Eagles; and the balance in one oz. Krugerrands, Austrian 100 Coronas, Mexican 50 Pesos,or American Eagles.
 
For $75,000 buy
 Two-thirds US 90% silver coin or 1oz. Silver Rounds; $5,000 worth of Sovereigns, 20 Francs, or 1/4 Eagles; the balance in Krugerrands, AmericanEagles, Mexican 50 Pesos or Austrian 100 Coronas. (For over $75,000simply do multiples of this portfolio.)If you want to invest in precious metals to simply pro
tect your assets and don’tthink you’ll ever need to actually barter with them, then:
 

 
 
If you have $5,000 or less to spend
 Half in US 90% silver coin or 1oz. Silver Rounds, half in one ounceKrugerrands or American Eagles, Austrian 100 Coronas, or Mexican 50Pesos.
 
For $5,000 through $25,000
 Put at least half of your money in US 90% silver coin or 1oz. Silver Rounds;the rest in one ounce Krugerrands or American Eagles, or in Austrian 100Coronas or Mexican 50 Pesos.
 
For $75,000
 Get bags of US 90% silver or 1oz. Silver Rounds for 2/3 of your order; the balance in Krugerrands, American Eagles, 100 Coronas, or 50 Pesos. (For over $75,000 simply do multiples of this portfolio.)
Other Frequently Asked QuestionsWhat is US 90% silver coin and why do you recommend it?
90% silver coin is quarters, dimes, and half-dollars minted before 1965. (90%silver coin does
not 
include silver dollars.) Everyone knows that 4 quarters = 1dollar. In the same way, 4 quarters minted before 1965 = 1 face value dollar. Aface value dollar is how we sell 90% silver coin. So, when you ask for the price of 90% silver we will say it costs, for example, $25.00 per face value dollar. A facevalue dollar is either 10 dimes, four quarters, or two half-dollars. A face valuedollar contains .715 ounces of silver. The standard trading unit for 90% silver coin
is a “bag” of $1,000.00 face value, containing 715 troy ounces. You can purchase
any portion of a bag that you wish. We recommend 90% silver coin simply because it is often the cheapest, most divisible, most widely recognised and tradedform of silver.
What about Silver Rounds, what are those?
Silver Rounds are simply one ounce, 99.9% pure silver coins minted in the UnitedStates. They are made by various private refineries and are
not 
 
 just round “blanks”
of silver. They all have varying pictures because the companies that mint themhave varying production runs using different designs. Regardless of the picture ontheir front and back, all
silver rounds we sell state clearly on their face, “1oz.Silver, 99.9% pure (or .999 fine).” We sometimes recommend Silver Rounds
instead of 90% Silver Coin because premiums (not our commission
 — 
the premiumis the percentage over the spot price that you pay for a coin) on both coins fluctuatefor a variety of reasons. Since we consider it our duty to sell you liquid coins for the best price, sometimes our recommendations change.
Why do you recommend gold coins like Krugerrands, Austrian 100 Coronaes,and Mexican 50 Pesos, and what are they?

 
We expect it more likely for you to be abducted by aliens than for the FederalGovernment to attempt gold confiscation. First, gold no longer forms a significant part of the monetary reserves in this country, as it did in 1934 and therefore,confiscation makes no sense. Second, the folks who tell you about governmentconfiscation are generally trying to sell you overpriced coins that will line their  pockets and empty yours.