Online silver trading is primarily offered by Forex brokers. Through the help of platform provide by Forex brokers, various traders can easily participate in the buying and selling activities. The process use the same platform as that used for online Forex trading therefore any person with Forex experience can easily start trading silver online using this special platform. Apart from these, there are many other benefits of participating in the trade. First, it is considered to be highly profitable just like the Forex. Secondly, a trader enjoys lots of flexibility while participating in the process. It can be undertaken at any time of the day because of the 24 hour trading opportunity offered.
The process of online silver trading is similar to the Forex. In this case, there is need for buying and selling of the physical silver. This is the fundamental beauty of the process and one of the reasons why it is becoming very popular across the globe. The traders are only required to speculate on the global price movement of the physical silver. The process is carried directly between the buyer and the seller through the use of a special trading platform provided by the Forex brokerage firm. The trader can login the system online and immediately start participating.
Gold And Silver Investing
Thursday 26 January 2012
How to Make Maximum From Selling Silver
In these days's financial situation, gold, silver and other precious metals are safe havens for those who want to secure their financial investments. Gold has been very popular and a very saleable article of trade. However, in close second is silver. Although the color of silver is a bit subdued than gold, many people find this elegant and classic looking. Silver has been making waves in the market because of its many uses. Silver, like gold maintains a very stable price. No matter where or when you sell it, it will always give you a good profit. Nevertheless, even if selling silver is already a sure profit there are still a couple things you should consider to earn maximum profit.This is probably the very first thing that you should do. This will give you a general idea of the real and actual price of silver without bias. You can take look for in internet. Just search for the silver market price website and you will never go wrong. Making sure that what you are going to sell always look good and well maintained will add to the value of your commodity. Concerning silver, its color is unique. It is very sensitive as well. It takes a lot of effort and careful handling in order to maintain that classic luster. When storing your silver, it is always best to keep it away from damp and moist places. These factors will greatly affect the luster of silver. Invest on a good storage box that has velvet lining that ensures that it will always remain dry.
How To Start Investing Gold
Gold has traditionally been seen as a safe haven investment and is particularly popular in times of economic crisis such as now. As the economic outlook around the world worsens, more and more ordinary people are thinking about investing some of their savings in this precious metal. This is because it has an intrinsic value unlike paper money which only has value because a government says it does. The paper itself is not worth anything whereas gold is worth something.There are several ways of actually investing in gold. You could buy gold jewellery from second hand shops or antique dealers. Make sure that you are only paying for the gold value of the jewellery and there is no premium on the price because of the history of the piece or who made it. You should only buy gold like this from a dealer you trust to ensure you are getting what you pay for. You can expect to pay a small premium over the gold value which is the dealers profit from the sale. There are kits available to purchase which will test the quality of the gold you are buying.Another way is to buy gold coins. Again, only buy from dealers you trust to ensure you are not buying fake coins or coins which have other metals mixed in. There are lots of gold coins available such as the South African Krugerrand, British Gold Sovereigns, The American Eagle and The Canadian Mapleleaf among others. As with gold jewellery you only want to pay for the gold content of the coin and should avoid paying a premium because it is a rare coin or comes in a special case for example.A third way of buying gold is to invest in gold bullion or bars of gold. This can now be done online and you can also buy a fraction of a bar of gold. Usually the smallest amount you can buy is one gram of gold. You will need to do your research before you invest in gold bullion to find out which companies are safe and reputable. The things you need to think about include where the gold is stored ie do you want it stored for you or do you want it delivered. Also, what are the costs involved above the price of the gold such as storage, delivery, transaction costs etc. You should also check under which authority or jurisdiction the company is regulated.
Silver Certificates
The history of the Silver Certificates dates back to the period between 1878 to 1964. During this period, its Certificates were considered as US currency. Before this period, these certificates could be redeemed for silver spot price or the face value of the certificates in silver coins, the equivalent in silver bullion.
Silver Certificate has several characteristics that define the difference between a silver certificate and a Federal Reserve Note.
The first is the small print on the bill. This small print defines the amount of silver at the US Treasury that should be paid to the owner of the certificate. This amount is considered as the face value of the Silver Certificate.
Another distinguishing feature is the serial number, number value, and seal of the silver certificate. Initially, these were printed in blue, brown and red but the color combination was changed to just blue in 1899. The only exception was of the 1935a series of certificates which were printed during World War II.
The years of 1940s and 1950s saw decline in the number of its Certificates in circulation. As the certificates were redeemed for silver coins or bullion, they were shredded. They were reprinted only if there was enough silver in the treasury to back them. By the 1960s, the US government noticed that the prices on silver, which was used for making the coins, were more than the face value of coins. It also realized that the exchange is not making financial benefits for the government. And so, in 1964, the US government stopped the process of exchanging Certificates for silver dollars but redemption for bullion continued for some other four years. In 1968 the government ended the silver exchange totally. The Certificates of silver holders could exchange them for Federal Reserve Notes only which are considered legal tender till date. During 1970s, remaining silver dollars in the US treasury were sold to the public at collector values.
Who Controls The Gold's Market Price?
For centuries, gold has been looked as a commodity and a currency. When considering purchasing gold, it is important to make certain that you know what kind of purchase and investment you are making. Gold just like any commodity is subject to daily price fluctuations. One of the first questions asked when considering purchasing gold is who controls the price? This question is often asked because gold is presented as being a stable and sound investment in a turbulent economic downturn. Despite its appeal, gold still operates on a market scale and abides by the supply and demand of the companies and organizations that produce it. Gold is produced in immense quantities, normally. Investors and economists use an analysis format to calculate the value of gold in order to determine the gold market price. Gold is measured typically by the ounce and will vary depending upon multiple economic factors such as GDP rates. Since 1919, the most well- known way of pricing gold has been to use London gold fixing. London gold fixing is done via a telephone meeting between many different representatives from gold trading firms that are involved in the London gold and silver bullion market. The gold fix is always assigned in United States dollars, Euros or British pound starlings. The current firms that make the decisions on gold market pricing include Deutsche Bank, HSBC, Société Générale Scotia-Mocatta and Barclays.
Tuesday 24 January 2012
Some Of The Best Companies To Consider
Gold is becoming one of the most sought after investments due to its properties providing a safe haven for your savings in a non-economic friendly market environment. Gold also provides ample assurance for the future because it is considered a stable investment by market analysts and economists. Gold is one of the more attractive investments in the precious metals category. Gold is considered one of the more vital investments in precious metals for its oxidation defiant properties and heating shield. Many investing companies allow you to purchase mutual funds that solely encompass gold. Whether you are considering purchasing bars, coins, ETFs, ETNs, gold stock or another type of investment, here are some of the best gold investment companies: Blanchard, Tocqueville, First Eagle, Gamco, Franklin Templeton.
Gold Price Will Rise
Gold should be the foundation of any resource portfolio. The reason for this is that other resources such as oil or copper are highly dependent on world economic activity. If there is a major recession or GDP goes down considerably industrial commodities are usually hit with major declines. Gold on the other hand is not dependent on economic growth. Subsequently, the downside for gold is less than industrial commodities.
The first reason why the gold price should increase is that there is banking instability. Over the last decade the amount of debt around the globe has tripled. In other words debt has grown at about 12% per year. However, economic growth has only been about 4%. In other words, the economy around the world has become highly leveraged. This is the reason why we are seeing problems with European banks and sovereign debt in Europe. The primary function of gold historically has been to protect and preserve assets in times of financial crisis. When debt increases to unsustainable levels, it becomes likely that we will experience several financial crises over the next few years. These debt problems will be positive for the gold price.
The second reason why the gold price should increase over the next few years is due to geopolitical or military conflict. Usually when there is a military conflict the gold price has a short-term move up. For example there was a parabolic move in the gold price during the Iranian hostage crisis in 1979. Certainly the world right now is experiencing tensions that could flare up to a major war. Israel has continued problems with its neighbors, there is instability in Pakistan and there are ongoing wars in Iraq, Afghanistan and Libya. In addition, there are indications that the general population is starting to feel angry with the political leaders. Examples of this would be the Arab spring and various protests across Europe and even the United States. It is not unimaginable for the civil disturbances to turn into the Civil Wars.
The third reason why the gold price will rise over the coming years is due to central bank policies. For the last 15 years or so central banks have pursued what is called an easy money policy. Interest rates have fallen to generational lows. Whenever the economy experiences a recession or any type of crisis the response has been to simply print money. This is been the overriding policy or philosophy of world government. For example, in the aftermath of the Lehman Brothers bankruptcy the Federal Reserve doubled the money supply in the span of four months. Interest rates since 2008 have been near or at zero. In addition, Ben Bernanke has promised that interest rates would remain at zero until 2013.
The first reason why the gold price should increase is that there is banking instability. Over the last decade the amount of debt around the globe has tripled. In other words debt has grown at about 12% per year. However, economic growth has only been about 4%. In other words, the economy around the world has become highly leveraged. This is the reason why we are seeing problems with European banks and sovereign debt in Europe. The primary function of gold historically has been to protect and preserve assets in times of financial crisis. When debt increases to unsustainable levels, it becomes likely that we will experience several financial crises over the next few years. These debt problems will be positive for the gold price.
The second reason why the gold price should increase over the next few years is due to geopolitical or military conflict. Usually when there is a military conflict the gold price has a short-term move up. For example there was a parabolic move in the gold price during the Iranian hostage crisis in 1979. Certainly the world right now is experiencing tensions that could flare up to a major war. Israel has continued problems with its neighbors, there is instability in Pakistan and there are ongoing wars in Iraq, Afghanistan and Libya. In addition, there are indications that the general population is starting to feel angry with the political leaders. Examples of this would be the Arab spring and various protests across Europe and even the United States. It is not unimaginable for the civil disturbances to turn into the Civil Wars.
The third reason why the gold price will rise over the coming years is due to central bank policies. For the last 15 years or so central banks have pursued what is called an easy money policy. Interest rates have fallen to generational lows. Whenever the economy experiences a recession or any type of crisis the response has been to simply print money. This is been the overriding policy or philosophy of world government. For example, in the aftermath of the Lehman Brothers bankruptcy the Federal Reserve doubled the money supply in the span of four months. Interest rates since 2008 have been near or at zero. In addition, Ben Bernanke has promised that interest rates would remain at zero until 2013.
A Few Tips You Should Know When Selling Gold
Gold is one of the most lucrative investments you can make. People have gone to gold when everything else in the financial sector was in chaos. This is because gold, silver and other precious metals are very stable no matter what happens.
If you have gold jewelleries, gold coins and other types of gold, rest assured that you could sell them wherever and whenever. However, selling gold can be quite difficult at times. This is because it such a valuable commodity that unscrupulous buying or selling cannot be eliminated. That is why if you are already thinking about selling some of your gold pieces you should be aware of some important thing.
Gold is something very stable especially in the market. However, there are times when you will ask yourself if this is a good time to sell. You will also have to determine which of the pieces that you own is good to sell. There are gold pieces, which are more valuable. Antique gold with valuable gemstones are rare and definitely expensive. You might want to hold on to that a bit longer.
If you have a local dealer you trust, you may also bring your pieces to them and have it appraised. This process takes place with you present. Normally, it will take less than half an hour depending on the number of pieces you want to sell. As much as possible do not let your gold pieces out of your sight.
If you have gold jewelleries, gold coins and other types of gold, rest assured that you could sell them wherever and whenever. However, selling gold can be quite difficult at times. This is because it such a valuable commodity that unscrupulous buying or selling cannot be eliminated. That is why if you are already thinking about selling some of your gold pieces you should be aware of some important thing.
Gold is something very stable especially in the market. However, there are times when you will ask yourself if this is a good time to sell. You will also have to determine which of the pieces that you own is good to sell. There are gold pieces, which are more valuable. Antique gold with valuable gemstones are rare and definitely expensive. You might want to hold on to that a bit longer.
If you have a local dealer you trust, you may also bring your pieces to them and have it appraised. This process takes place with you present. Normally, it will take less than half an hour depending on the number of pieces you want to sell. As much as possible do not let your gold pieces out of your sight.
Easy Ways How To Find Rare Gold Coins And Other Precious metals.
If we talk about precious metals, we are referring to gold, silver and platinum. They are highly in demand these days. Gold coin lovers and collectors all over the globe can freely sell, buy and invest in these precious metals. In America, you can find several wonderful rare gold coins. If you are looking for rare coins to add in your collection, take a look at this research.
The internet is very extensive. With just a few clicks, you can find a big array of collectible coins. Some of these coins are considered rare and they are available for you to buy. You can also compare prices online and even negotiate with sellers. Moreover, it is safer to deal online because you do not have to leave your house just to inquire for prices. However, take heed and do not leave your personal information just about anywhere.
The internet is very extensive. With just a few clicks, you can find a big array of collectible coins. Some of these coins are considered rare and they are available for you to buy. You can also compare prices online and even negotiate with sellers. Moreover, it is safer to deal online because you do not have to leave your house just to inquire for prices. However, take heed and do not leave your personal information just about anywhere.
Monday 23 January 2012
Gold And Silver Price
Have you been searching for the best way to buy your gold and silver bullion, without paying far more than you should? You have come to the right place. These days so many people are over paying for their gold and silver coins and bars and bullion. There is a better way. This article gives you options. You don't have to keep paying full retail any more.
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