By A must-have for anyone who wants to make smart precious metals purchases that are 100% legal and compliant. This book will show you how to buy and sell silver and other precious metals so that your investments remain invisible to everyone, including the government. It will help you sleep like a baby at night knowing that much of your wealth is safely tucked away and off the radar.
Many different methods of owning and selling silver exist, each with their own pros and cons. For example, owning physical silver can result in a high level of security but requires the purchase and storage of safes or safety deposit boxes to prevent theft. Investing in ETFs offers a more accessible and liquid way of selling silver, but these funds may not actually own the silver they are selling.
Purchasing shares in a silver mining company also does not directly result in the ownership of silver, but rather the ownership of a company that seeks to extract and profit from the sale of the metal. Investors in these companies must pay fees to support the business, which may eat into the profitability of their investment. Additionally, these companies are susceptible to uncontrollable factors that may impact the value of the silver they produce, thereby diminishing the overall return on their investment.
Another option for investing in silver is to purchase futures contracts. Unlike ETFs, futures contracts do not necessarily lead to ownership of the underlying silver, but rather a contract to trade the good at a specified price. Investors who enter into futures contracts must also pay fees, which can eat into the profitability of their investment.
The bottom line is that when it comes to buying and selling silver, investors should choose the method that best fits their own unique needs. Ultimately, the decision comes down to what the investor is seeking out of their investment and whether or not they are willing to risk losing some of their initial capital.
In the end, owning silver is a great way to diversify an investment portfolio. Its value is not tied to the whims of the stock market or other financial instruments, and it can be a life preserver in times of economic turmoil. In addition, silver is one of the most affordable ways to add tangible assets to an investment portfolio and makes a wonderful gift for birthdays, anniversaries, or other special occasions.
This valuable toolkit shows readers how to get the most out of their silver investments by demonstrating how to avoid common mistakes; how to properly store and care for metals; the difference between bullion, collectible, and industrial coins; how to grade rare and historic silver; and more. In addition to providing invaluable advice for buyers and sellers, this manual includes helpful pullouts that feature silver bullion valuation charts, coinage specifications, weight conversion tables, and more. This is a must-have for any serious silver collector or investor. For more details on silver market click here.