In 2010, the United States Mint launched the America the Beautiful Quarters® Program, a 12-year initiative with 56 quarter-dollar coins featuring reverse designs depicting some of our most cherished national parks and other national sites. Under this program, the United States Mint will issue five new quarter designs per year, with one final design in 2021. The third year of the program, 2012, features the third five quarters in the series.
With each coin struck in lustrous 90 percent silver, also known as “coin silver,” the 2012 edition of the United States Mint America the Beautiful Quarters Proof Set features the third release of five quarters in the America the Beautiful Quarters® Program.
In 2012, the sites being featured are El Yunque National Forest in Puerto Rico, Chaco Culture National Historical Park in New Mexico, Acadia National Park in Maine, Hawai’i Volcanoes National Park in Hawaii and Denali National Park and Preserve in Alaska. Each quarter bears the “S” mint mark of the United States Mint at San Francisco.
GovMint.com – Your One Best Source for Coins Worldwide – Shop now!
Filed under Coin Collecting, Silver Investing by 
Any time you are considering the buying latest gold silver prices, there are many essential parts of information you should know in advance of investing. Silver has noticed a phenomenal rise recently, utilising the expense just $7.50 per ounce in 2008, rising to nearly $50 earlier this year, just before settling to $30 for the end in the year.
Anyone who 3 many years ago had the insight to look at the up-to-date silver and gold prices were cheap could well be thinking about a 6 fold turnover on his original investment. Certainly, in 2008 you’d have required to have phenomenal insight to understand that a silver boom involved happening, yet these elements could be predicted.
Despite the fact that it’s tempting to look at that any person who invested only agreed to become lucky, the phenomenal rise is actually a deliberate place in the investment cycle. When silver was just $7.50, no-one believed that it would rise loads in such a short time on its own – every body just thought it could possibly stay at that price. Even so ‘smart money’ or influential organizations with a great deal varied dollars have been accumulating silver without raising a lot of public notice. They’d be buying in small amounts so to not increase the amount, but to gradually improve their own stocks. Following a time, this ‘smart money’ could be informing institutional traders for example large hedge funds and pension funds to purchase silver – after which with their combined would possibly start buying of silver in droves – this could start to propel the amount into the public eye, and overwhelm anyone advertising silver.
One particular this phenomenal cost increase is in the public eye, there’d be media advice to buy silver, and also the public would start to order current gold silver prices heavily. The ones that got in with the start started to generate cash and see their investments increase, and they would tell their friends. Regardless if they sold for any decent earnings, they would see a rise could be so meteoric they missed and feel that they sold far too early, and plough profits back in for the huge total price. At this stage after all, the smart money has stopped buying, it is selling and making vast profits. Time comes once the institutional traders realize the smart cash is selling, and they very begin to provide, resulting from the marketplace to peak and start to fall. When this happens, initially the public see this as being a bargain and send the expenditure up slightly in advance of they realize the traders making use of the revenue to prop the market place up are promoting as quickly as they can – which will cause a climate of panic promoting.
The current gold silver prices then quickly falls, as being the public who have invested in silver at a far high selling price sell for the loss as they believe which the bottom has fallen out. At this time, the media are announcing that silver is absolutely a bad investment, and fueling the panic. This panic returns prices into a low value, which is here, where smart revenue gets another opportunity to purchase all over again at a low rate to start the cycle once once more. Once you are contemplating buying silver it’s smart to know the perfect time to shop for and market.
Searching for news and investing advice that you simply can count on? Well turn to us for price of gold Come across all your investing wants about topics such as gold prices silver prices and so considerably much more at this time!
Filed under Gold Trading, Silver Prices by
When a nation goes into economic crisis the paradigm to which its people have become accustomed begins to deteriorate. Access to critical supplies becomes difficult, sometimes immediately. In the case of Greece, which has been dealing with a loss of confidence in its debt instruments and economic policy, the collapse of life as Greeks know it has taken place over the last several years.
While we have been fortunate enough to avoid as severe a calamity here in the United States, many of the forecasts put forth by ourselves and others regarding the effects of an economic collapse are already taking place in Europe, namely Greece. In the midst of the Greek panic in 2010, for example, as Greece’s meltdown was in full swing and the people scrambled to get out of paper currencies, the price of gold, which was trading for around $1100 an ounce in the global commodity exchange marketplace, soared to over $1700 an ounce on the streets of Greece. In recent months, as Greece implements austerity measures and the unemployment rate sky rockets, its people have lost the ability to engage in traditional commerce because, simply put, they have no tangible income or money to do so.
As a result, we’ve begun seeing a barter society emerge all over the country, making it possible for some people to directly exchange labor for consumptive goods and service.
When things get bad – and they will – the most essential items necessary for survival will disappear first. As currencies collapse, financial market destabilize and economies come to a standstill, critical supplies like food and medicine will become difficult to acquire at any price. This is exactly what is now taking place in Greece, where access to life-saving drugs and even common over-the-counter medicines like aspirin is becoming a tragedy where the losses will be measured not in Dollars or Euros, but lives.
Read more of the article written by Mac Slavo
SHTFplan.com
January 12th, 2012
Filed under Inflation by
Following Iran’s announcement that it had inserted a domestically produced nuclear fuel rod into its atomic research reactor, gold and silver prices spiked significantly.
On Tuesday, gold prices reached $1,600 an ounce at the Comex division of the New York Mercantile Exchange, a ten week high. Silver also moved upward to a five month high as a continuing decline of the dollar inspired a commodity rally.
Adam Klopfenstein, a market strategist at Archer Financial Services Inc. in Chicago, told Bloomberg the “fear trade” is back because of events in Iran. “Also, we are seeing buying across commodities because of the weaker dollar,” he said.
“Iran’s nuclear plans have raised fears that it is getting desperate and will take some drastic step,” Gnanasekar Thiagarajan, a director at Commtrendz Risk Management Services Pvt., said in Mumbai.
“More sanctions are expected from the US and other nations. This will have a positive impact on gold prices as ideally people would try to buy gold.”
The new year rise in precious metal also follows the most recent Federal Reserve announcement. The Fed indicated it will begin to publish policymakers’ projections for its benchmark interest rate on overnight loans.
“Accommodating monetary policies throughout the developed world cause a renewed migration to hard assets by individual investors and sovereign-wealth funds,” Byron Wien of Blackstone explained.
According to minutes from the last Federal Open Market Committee meeting, a significant number of Fed officials agree economic conditions warrant a further “easing” of monetary policy.
Stubborn interest rates at or near zero are bullish for the gold market.
Article written by Kurt Nimmo
Infowars.com
January 4, 2012
Filed under Gold Trading, Silver Prices by
For people that are interested in collecting coins using coin collecting software can prove to be an asset and an ally that will help ensure that they get most out of their hobby and interests in collecting different kinds of coins. In fact, before you settle on particular coin collecting software you will need to, at first, choose from various different options each of which helps in making the task of collecting coins that much easier.
Advances In Technology
Given the many advances taking place in the world of modern technology, it would be pretty rare to find a coin collector that is not making use of some form of technological aid to help them with their coin collection activities. Coin collecting software is in fact a useful tool that will greatly simplify many aspects of collecting coins as it provides easy access to a lot of information and in addition provides leads on various kinds of coins.
Coin collecting software also helps coin collectors create and maintain a database of coins that can be bought, sold as well as traded. And, if you happen to have a penchant for using computers, then coin collecting software is certainly a wonderful aid to help you track your coin collecting activities.
One of the better coin collecting software being sold on the market today is the one known as CoinManage 2011
Coin Organizer Deluxe
Many coin collectors consider Trove Software as being the best coin collecting software. Part of the reason for this preference for this coin collecting software can be attributed to the fact that Trove Software has been used by the coin collecting industry for more than an estimated twenty years and is providing excellent service over this period.
Filed under Coin Collecting by
As quickly as hurricanes and wildfires pop up, a financial or other crisis could hit unexpectedly at any time. It’s always good to be prepared.
Silver prices could move up significantly anytime due to shortages or just because it becomes a more recognized “asset class” and an alternative to stocks, bonds, cash and real estate. We probably will not see prices hitting new all time highs right away. In fact, prices are in a downward trend right now, allowing us more time to steadily build enough silver reserves for possible currency defaults in the future.
Some folks in countries where their currencies are being downgraded are already in rapid decline toward default, and it may not be far off here in America. That’s why it’s always better to be early in converting at least some paper currency into silver.
Filed under Silver Prices by
Mike Maloney recently made a guest appearance speaking to The Elevation Group. This exciting video is taking the internet by storm (almost 1,000,000 views in the past week).
Produced by Mike Dillard, this video reveals black-box investing strategies of the rich for middle class investors.
Viewers can learn about four specific ways to profit during this depression.
Although I am not a member of The Elevation Group, Mike Dillard is teaching many of the same things I’ve been talking about for the past 10 years or so.
Mike references the following Debt Collapse video you also should watch…
Filed under Silver Investing by
How many warnings do you need to hear before you begin to prepare for what is coming?
Folks, I’m convinced the economic collapse has already begun. What started in 2008 as the mortgage meltdown has only accelerated since then and things have been going from bad to worse every day. The financial terrorism perpetrated by the elite has now spread like a virus throughout the world financial systems.
There may not be much time left to prepare your family for the final collapse of the world economies as we’ve known them. The Euro has been teetering on total collapse for some time and that ponzi scheme will soon come to an end.
We’ve recently learned that Greece and Italy are replacing their politicians with “technocrats”. These are bankers and accountants, people that are NOT accountable to the citizens but instead focused on the technical control of decision making in their countries. In other words, using technology to overcome the shortfalls of democracy.
Once the Euro collapses, the almighty dollar is next.
The American taxpayer has already ponied up for banker bailouts, auto-maker bailouts, corporate bailouts, international bank bailouts, and sovereign debt bailouts. State governments are broke and will be wanting a bailout soon. We have witnessed $ millions lost in government loans to bankrupt Washington cronies. The U.S. dollar has been devalued through inflation (FED money printing), the government has had its credit rating reduced, and the dollar is on its last breath of being the reserve currency of the world. And, just in the past couple of weeks, we’re learning of $ millions more being stolen from the segregated cash accounts of MF Global clients. This may be the precursor to the looting of your savings accounts, 401K’s, and pension plans.
Resistance to the tyranny has been building throughout the world as well. We’ve watched the peoples of Middle Eastern countries rise up to overthrow their dictatorial leaders and we’ve seen the brutal reprisals on both sides. People have taken to the streets throughout Europe in resistance to the economic tyranny foisted on them. And we’re now seeing people in America taking to our streets in opposition to Wall Street.
Wake up people and smell the coffee. The warning signs are getting louder as the world is coming unglued.
I don’t know what the final outcome of all this will look like, but I do believe that you should be getting prepared for whatever the end game is. Sticking your head in the sand and ignoring what is going on will only lead to your enslavement and/or destruction.
Using terrorism as their excuse, governments around the world have been constructing a control grid around us to deny our God given rights and to ultimately dominate us into submission.
In America, the TSA and Department of Homeland Security has been used to monitor and control our movements in a much more efficient manner than did the Nazi’s in Europe six decades ago. Our government listens to our telephone conversations, reads our emails, and tracks our buying behaviors. They have arrested and killed American citizens without due process and are deploying troops to our cities to maintain order. And, Congress is now debating S.1867, the National Defense Authorization Act, that would permit the mass arrest of American citizens and indefinitely detaining them without trial or charge.
The technocratic grid is now in place and it’s only a matter of time before the gates of freedom are slammed shut, locking us all into their global scientific dictatorship.
When that happens… it will be too late.
What have you done to prepare? Anything?
Do you even have any idea of a plan for what you might do when this happens?
As I said before, sticking your head in the sand and ignoring what is going on will only lead to your enslavement and/or destruction. The German people ignored what Adolph Hitler built as he enslaved and murdered millions of people.
Those who do not know history’s mistakes are doomed to repeat them.
If the human race does not wake up soon to history’s mistakes and demand a different path, we are doomed. For example, if America does not return to our Constitutional roots and rule of law, we will ultimately find ourselves on the ash heap of history. America will become just another “has been” third-world country, if she survives at all.
In the meantime, there are perhaps some things you can do to prepare for the coming calamity and ease the difficulties on the horizon. At a minimum, you should be taking measures to feed yourself and your family as food becomes more scarce. You should be accumulating gold and silver to be used as barter and/or to protect your financial well-being. You should be preparing to defend yourself and your family when the chaos (SHTF) erupts. And you should be strengthening your mind and heart with God’s Holy Word as it will determine your ultimate destiny.
Folks, I don’t want to be fear mongering – even though it might sound like it. I am only pleading with you to be prepared for the worse while you continue to hope for the best. Even if none of these dire predictions come to pass, you will have lost nothing if you have prepared.
On the other hand, if you have not prepared and these things do happen, you will likely lose everything.
Filed under Inflation by
Days before the doomed financial broker filed for bankruptcy, MF Global conducted “unexplained wire transfers” that led to a $900 million shortfall in client funds, leading customers like Gerald Celente to learn that their accounts had been looted and setting the precedent for internal bank runs as more big firms go bust.
According to Bloomberg, “Examiners from CME Group Inc., the world’s largest futures exchange, found unexplained wire transfers at MF Global Inc. and a $900 million shortfall in client funds during the weekend the failing broker was talking with possible buyers, a person briefed on the matter said.”
CME noticed the missing funds on October 30, but MF Global didn’t inform the Commodity Futures Trading Commission until the day after, suggesting that the transfers were made, “in a manner that may have been designed to avoid detection,” according to CME.
The suspicious cash movements are now being probed by the U.S. Justice Department.
MF Global trustee James Giddens said in a court filing yesterday that customers would get back 60 per cent of their account funds, prompting fury amongst clients, many of whom used their accounts for business collateral and living expenses.
Although individuals were burned by the broker’s downfall, larger clients were protected from the fallout because they had the miraculous fortune of withdrawing all their funds just weeks before the collapse.
“Both the Commodity Futures Trading Commission and the Chicago Mercantile Exchange were charged with overseeing MF Global, their clearing member. If we are to believe them, they had no idea of any difficulties within the firm before customer accounts went missing just a few days before the collapse. But someone clearly knew of the cratering positions and imminent collapse of MF Global, as billions of dollars of accounts were “coincidentally” withdrawn,” writes Huffington Post’s Daniel Dicker, noting how funds in accounts owned by the billionaire Koch brothers were withdrawn just in time, clearly suggesting that big players got a “heads up” that MF Global was going down.
Although the collapse of MF Global was assured when it came to light that the broker was heavily exposed to the European debt crisis, causing the broker’s stock price to plummet, Fox Business reports that numerous circumstances indicate the downfall was in the works weeks before, drawing attention to the fact that employees didn’t receive commissions for the third quarter and were fired two weeks before the firm filed for bankruptcy.
One of the victims of the scandal, popular trends forecaster Gerald Celente, joined Alex Jones on Infowars Nightly News to detail how a six figure sum was looted from his gold futures account, which, unbeknownst to Celente, was being held under the auspices of an MF Global subsidiary.
As the Financial Times reported, the hundreds of millions in looted funds from customers’ accounts later “turned up at JPMorgan Chase, the failed broker-dealer’s custody bank.”
Citing a report in the Wall Street Journal, Fox Business also reported that MF Global, “recently discovered that about $659 million of its customer segregated accounts resided in an account at banking heavyweight JPMorgan Chase (JPM).”
Despite his account being fully funded, Celente was hit by a margin call as Chapter 11 trustees stepped in to take control of his funds, leaving his account empty thereby closing his positions and preventing him from taking physical delivery of his gold which was due in December. When Celente rejected demands to transfer more money into the account it was hastily closed.
Speaking with Alex Jones, Celente expressed his fury at the move, labeling it an example of “economic martial law,” and speculating that the real reason for the looting was because the broker never had the gold and silver to deliver in the first place.
Celente encouraged Americans to cash out of all gold ETFs and withdraw their funds from the bank because “they are going to steal all our money”.
The trends forecaster savaged MF Global CEO Jon Corzine, labeling him a “cheap SOB” who was responsible for the collapse because of his using customer funds to bet on losing European bonds.
“How come he’s not in jail, because he’s one of the white shoe boys from the Goldman Sachs crowd,” Celente fumed, going so far as to say Corzine “should have died” in his recent car accident.
Celente said that he had sufficient funds stored in a safe place that could not be looted and that if anyone did try to steal them and threaten his life he wouldn’t hesitate to ‘blow their brains out’.
Celente reiterated his plea to Americans to withdraw all their money from the banks and leave only operating capital in their accounts, warning that “the merger of state and corporate powers” has brought “fascism” to America.
*********************
Article written by Paul Joseph Watson
Wednesday, November 16, 2011
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.
Filed under Gold Trading by
A lot of people are looking for ways to trade gold for cash. If you want to get the most money out of your gold all you need to do is do some research to find out what are the best ways to maximize your gold profits. Here are some pointers to get you to the right direction. Trading gold for cash does not have to consume your time and stress you out.
First things first, gather all your gold items so you can evaluate them properly.
If your jewellery is gold, it should range around the 10k and above mark. After that, find out what is the current market value of gold. Don’t rely too much on the price that you will see on the business news channels.
Now that you have a good idea of how much you can sell your gold for, you need to consider your options for trading gold for cash. More and more jewellery shops are putting up signs in their storefronts stating that they buy scrap gold. Pawn shops offer this type of service also. Pawn shops do this because it is relatively cheaper to purchase your unwanted gold than flip your gold and selling it to a refinery. Jewellery stores and pawn shops are interested in the melt value of your gold, not the resell value of it.
Online gold buyers have been around a few years now. They offer to purchase your unwanted gold. They first evaluate your gold and once evaluated, they will offer payment for your items. Online gold buyers offer free return policy on your unwanted gold or jewellery. This means that if you are not satisfied with how much money they traded your gold for; they will send it back free of charge. Online trading of gold for cash involves no awkwardness in negotiating and above all, they offer more cash for your gold than brick and mortar establishments do.
These are your options for trading gold for cash. It is up to you which medium you will go through in order to sell your unwanted gold and earn quick cash. You just have to make sure that you are comfortable with whoever you are dealing with and that you are never taken advantage of.
Filed under Gold Trading by
If you have a collection of old coins, you are probably curious to know what their value is. Whether you are interested in selling them and making some money on the side or wish to keep them around and pass them on to your kids, here are a few things that you will want to do if you want to find out the value of old coins.
Online
In relation to finding out the value of old coins, here are a few different resources that are available to you and which you might be interested in using.
The Internet is by far the best resource to you here however and one that you are going to find easiest to use. There are numerous different sites that offer information on finding the value of old coins, and that you can go through and view color pictures to see which are like the ones that you have including great information about money counters or money counting machines.
Antique Dealer
Another way to know the value of old coins which you have is to go to an antiques dealer. They are experts in all things antique and valuable, and so they will be able to have a look at your coin collection and let you know what it is worth.
You will usually have to pay a fee to see an antique dealer, but it will be worthwhile to deal with a professional and know for sure what the value of old coins you have is. Coin collecting is a hobby that goes back for a long time, and is one which is definitely exciting and a lot of fun.
Tips
Besides this, there are also several things that you want to remember when you are trying to find old coins to add to your collection. It is very simple to get confused and think that certain coins may be valuable when they are really not. There is also the fact that some sellers out there will be trying to scam you and get your money for coins that are not really valuable, so be careful and ensure that you know whom you are dealing with.
When it comes to determining the value of old coins, one of the most major factors is the law of demand and supply. For instance, if there are several coins of a particular type available, then it’s not going to be that valuable.
Filed under Coin Collecting by
What happened with precious metals prices recently?
I’ve been hearing several different reasons for the decline in gold and silver prices. I suppose there probably is not a single reason but instead a mixture of all the below.
Market Correction
They started a normal correction, though the speed was historic, according to Ed Freeman. Many of us understand that silver prices can go up and down. Others who only became interested in silver recently after 10 years of prices going up assume that prices can’t go down. Of course that is unrealistic.
Ed Freeman wrote in the latest Silver Snowball newsletter, “For those with a longer term, more realistic approach, we think of price declines as great because it allows us more time to acquire silver. I do continue to expect much much higher silver prices . . . eventually. $200 silver is a reasonable guess. But right now precious metals are joining the deflationary trend and are having a correction. In Elliott Wave terms, silver had a large 5 wave rally from the year 2001 to 2011. We could be in an intermediate term correction that will correct that entire 10 year rise before the next huge rally begins.
As quickly as hurricanes and wildfires pop up, a financial or other crisis could hit unexpectedly at any time it’s always good to be prepared. Silver prices could move up significantly anytime due to shortages or just because it becomes a more recognized “asset class” and an alternative to stocks, bonds, cash and real estate. However, I continue to expect that prices will not make new all time highs right away and allow us more time to steadily build enough silver reserves for possible currency defaults in the future.”
Banks are being stopped from their ability to manipulate the price
I have reported for quite some time about how JPMorgan and other banks have manipulated the price of gold and silver with paper gold and silver. Apparently, the CFTC is going to implement position limits and the banksters have to position themselves properly before it happens. Position limits will prove to be deadly to the banking cabal because they cap their ability to rig the markets. Not 100% but significantly enough such that silver will be able to rightfully express it’s true value at some point without the massive market manipulation.
European Bailouts
Robert Kiyosaki points to the Special Purpose Vehicle (SPV) to buy up European bad debt that ignores the wishes of the German people who don’t want to bail out Greece, Italy, and Spain.
This SPV is much like the US government’s Troubled Asset Relief Program (TARP). In this European crisis, the rich banks are set to bailout indebted countries with this SPV.
When the price of gold was climbing, it was due to fear that the rich would not save countries such as Greece. Now that this SPV is announced, people feel relived and are rushing out of gold and back into paper assets such as stocks, bonds, and cash. When rumor of the SPV came out, the prices of gold and silver began to plunge.
Does this mean the crisis is over?
Kiyosaki doesn’t think so. He says this SPV only means higher taxes and higher inflation in the long run. This SPV means Europe now has control of their own Euro printing press just as the Fed controls our printing press. This means the prices of gold and silver will drop further in the short-term, which means a buying opportunity is coming.
Will the crisis get worse? I believe so.
Bob Chapman writes, “It is now the intent of bankers and politicians to allow the European Financial Stability Facility (EFSF) to leverage lending in violation of the German Constitution. The Greek rescue package is to be implemented and the banks taken off the hook and be recapitalized, at the public’s expense. These are the very same banks that caused all the problems in the first place.
This debt crisis, writes Chapman, will lead to an economic slump and the contributing nations will have to print money and monetize in order to fill their commitments, which in turn will drive up inflation. In this process Greece in all likelihood will default by a minimum of 50% and perhaps totally, and that in turn will bring major losses to banks and participating central banks. At that juncture the Greeks will leave the euro zone to be followed by Ireland and Portugal. Others will follow. That will bring further recession and financial turmoil, along with civil unrest particularly in Germany.
Peter Schiff writes, “Do not get caught in the exuberance or pessimism of short-term movements, even if they’re sharp. Observe the fundamentals – the events in Europe, the looming budget calamity in the US, central bankers’ steadfast strategy of debasement, and emerging markets’ continued diversification into precious metals. These are the main drivers for gold’s long-term appreciation.”
I expect precious metals will continue to be volatile for the next few months and might be an opportunity to get more silver at lower prices.
If they slam it lower buy more. If they let it rise from here buy more.
Silver is on sale today but we can’t be sure how long this mega-sale will last!
This latest precious metals crash is merely a distraction for something bigger coming at us down the road.
Filed under Silver Prices by
Central banks are presumably so frightened that a growing number of citizens are abandoning rapidly devaluing paper currencies and preserving their wealth through precious metals that governments are now cracking down on the anonymous purchase of gold and silver.
Following the Austrian government’s announcement that it was restricting the sales of precious metals to $20,000 a time, an amount which would purchase just 11 ounces, the French authorities have followed suit with an equally draconian new measure to deter people from buying gold and silver.
A recently amended French law states (translation), “Any transaction on the retail purchase of ferrous and non ferrous (metals) is made by crossed check, bank or postal transfer or by credit card, not the total amount of the transaction may not exceed a ceiling set by decree. Failure to comply with this requirement is punishable by a ticket for the fifth class,” going on to confirm that any amount over €450 euros or $600 US dollars “must be paid by bank transfer”.
“According to independent reports the law was passed to curb the illegal sale of stolen metals like copper, steel, etc. Given the rampant rise in thefts of these metals from telephone poles, construction sites and businesses here in the United States, we can certainly see this as a reasonable assessment for why the French passed this law,” writes Mark Slavo.
“However, the fact that no exception was made for gold and silver simply cannot be ignored. The new law effectively makes it illegal to purchase even a single Troy ounce of gold or around 18 ounces of silver in cash.”
$600 USD isn’t even enough to purchase a half ounce of gold. This guarantees that citizens who are trying to transfer their savings over to precious metals will be known to the authorities, leaving them vulnerable to government confiscation of their gold and silver later on down the line, as happened in 1933 under FDR.
Why are central banks and governments in Europe so eager to make it as difficult as possible for citizens to buy precious metals? It’s largely because unlike every other financial commodity, they don’t have the market completely under their control, and cannot tolerate the idea of people having true power over their own economic destiny.
Secondly it’s because the great foundation stone of the globalists’ plan to create a federalized European superstate and the template for a future world currency – the euro – is crumbling amidst the debt crisis that has engulfed the continent. With eurozone members already preparing to abandon the single currency, the last thing the EU wants to see is European citizens of key member states like France doing the same thing by exchanging their euros for gold and silver.
The bottom line is that the central banks which run the world don’t like the slaves owning anything that they can’t manipulate the value of – it undermines their power monopoly.
In a related development, the London Gold Exchange, an international digital currency trader which has over 100,000 members, announced today that it is “permanently closed for business” due to operational difficulties.
The LGE provided a service whereby it exchanged fiat money for digital currencies stored in online user accounts, including c-gold, Liberty Reserve, Pecunix and v-money.
Article written by Paul Joseph Watson
Infowars.com
Monday, September 26, 2011
Filed under Gold Trading, Silver Investing by
Recent history proves the point that the precious metals markets, especially Silver, is very volatile. In a Kitco Commentary titled “Deflationary Collapse Crushing Gold and Silver“, Jason Hamlin writes:
“Gold is down more than $300 or roughly 16% in the past few weeks. Silver has lost nearly 40% in the same time period and the mining companies have also been hit hard. This decline in precious metals has been driven by funds scrambling for liquidity, the CME hiking margin rates and a stronger U.S. dollar. Many also suspect that the banks helped to manipulate the price lower in order to cover as many of their underwater short positions as possible. JPMorgan and their cohorts control the paper markets and can use their leverage to manipulate the spot price to whatever level they want in the short term.
This is done via “stuffing” trades and using a variety of other methods to make the markets believe that there is considerably more selling pressure than actually exists. This is particularly profitable as options expiration is this week and the current smack down will leave most options expiring worthless, in addition to providing an opportunity to exit short positions.
But despite the apparent manipulation, JPMorgan has been woefully unsuccessful at suppressing the price in the long term. After all, gold is still up 25% and silver 40% in the past 12 months!”
Filed under Silver Prices by
The rumor of increasing energy and food prices, housing bubble, and the wearing of the U.S. Dollar in the international market are not actually new. However just recently, facts came out that America has been stripped off its popular Credit Rating AAA. Now, America stands at its new rating AA . Although the difference between the two ratings is just marginal, America is one of the most powerful countries in the world. The credit rating denote America’s ability to pay debts and this new rating has truly damaged their trustworthiness.
Looking at the brighter side, it is not yet the end of the world. Everything happens for a reason. And that is for America to rise and to do something about this hardship. On the other hand, the government is not the only one that should be working but also the citizens. If you are a concerned citizen who wishes to make a difference and to help improve the economy, here are some ways that you can do.
Be Positive
Positive approach is driving. It can boost self-esteem. Do not bad mouth your own nation. Instead of bad mouthing your own nation state why not renew your mind and be positive. Bad mind-set can only bring disaster. Keep in mind that words are authoritative and it can either make you or break you. You can start saying, America is a strong country. It can rise and improve.
Don’t Wait For The Government To Act.
Start Managing Your Credit Wisely.
If you wait for the administration to solve your troubles, it can take years.
Try solving your own troubles by managing your finances and paying your debts. By that, you are helping your local economy. Learn by heart that intentions alone are not good enough. Be committed.
Believe In The Ripples Effect
If you are a SB owner, you are one of the key players in the state’s financial system. Look for ideas to improve your business. Also, the country is depending on people who buy and sell goods and services. If you wish to help the country, do your part in reinventing your establishment. Your aim should be to make your business booming. Discover lawful ways on where to buy and sell your products and services, you are not just helping yourself, but the people around you as well. Ripples effect – start small and in due time your efforts will grow big.
Learn How To Recycle
To help improve the economy, people are encouraged to recycle. It serves two purposes. By learning how to recycle, you are reaching out not just to the state but to the environment as well. Start with your own homes. Try to use things that are present and are still reusable. Do not splurge and buy items that you will not need.
Plow And Capitalize With Your Own Country’s Products And Services
To avoid layoffs, support the country’s own product and services. Keep in mind that almost every day, people are losing jobs because of the deteriorating financial system. Be concerned and love your own.
Improve Your Health
Health care is one of the major problems in America and so is obesity. If you wish to help your nation, start living healthy. This is for your own good and for your nation as well. By staying fit and healthy, you are decreasing your chances of medical diseases and disorders. Also, you are preventing amount outstanding because being hospitalized can cost a lot of money. To stay healthy and out of debt, live a fortifying lifestyle.
Do not be ungrateful and help your nation improve the financial system. Do your part and consider the tips above. Help your country and make a difference today.
Learn how love can alter history and economy. Is love the key to solving life’s adversities. Find out more and go to see the links today!
Filed under Inflation by
Coin World reports that the feds are looking to seize liberty dollars from collectors and those using the coins instead of inflation-ridden Federal Reserve notes.
Officials with the U.S. Attorney’s Office said on August 24 that the coins are contraband. The Secret Service, the federal agency responsible for confiscating counterfeit money, did not provide any definitive comments concerning under what circumstances Liberty Dollars would be seized, according to Paul Gikes of Coin World.
The coins are illegal even if they are not used for barter, the feds insist. Jill Rose, chief of the August 24 that the Liberty Dollar medallions are confiscable as contraband if they are being exhibited for educational purposes or held privately.
Rose was the lead prosecutor in the Bernard von NotHaus case. Von NotHaus is the creator of the Liberty Dollar. He was convicted by the feds in March on multiple charges involving the alternative currency that competes with fiat money distributed by the privately owned Federal Reserve. During the trial it was determined that Liberty Dollars are counterfeits, contraband and subject to seizure.
Von NotHaus was convicted by a jury after the feds successfully argued that Liberty coins are counterfeits because they include the words “Trust in God,” similar to the words “In God We Trust” on Federal Reserve coins. He faces up to 15 years in jail, a $250,000 fine, and may be forced to give $7 million worth of minted coins and precious metals – weighing 16,000 pounds – to the government.
The prosecution and conviction of von NotHaus was politically motivated. He is the founder of NORFED, the National Organization for the Repeal of the Federal Reserve and the Internal Revenue Code.
Following the verdict against von NotHaus, the government characterized him as a domestic terrorist.
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” said U.S. Attorney Tompkins. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she added. “We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.” (Emphasis added.)
The Liberty Dollar raid was indistinguishable from “similar raids conducted by Soviet and Chinese communist officials against private businesses operating in those countries,” writes Jacob Hornberger. “Unfortunately, in the post-9/11 world in which we now live, anything goes as far as federal power is concerned. The heavy-handed, perhaps even fraudulent, Soviet-style attack on NORFED is proof-positive of that.”
According to Rose and the government, the Liberty Dollar is “a pyramid scheme imbedded with fraud” that had nothing to do with barter or trade. “Barter is an equal and knowing exchange,” which the Liberty Dollar is not, Rose and the government claim.
Coin World had previously published comments from the U.S. Attorney’s Office in Charlotte stating that while mere possession of Liberty Dollar medallions was not a violation of federal statutes, actual use or intent to use them in the manner for which von NotHaus was convicted would be considered a violation.
Glen Kessler, assistant special agent in charge in North Carolina for the U.S. Secret Service, told Coin World that the Secret Service is “duty-bound to confiscate” Liberty Dollars.
George Ogilvie, the public affairs officer for the federal agency, told the publication the Secret Service had no comment on the matter.
It now appears the feds are moving to criminalize mere possession. Collectors are now at risk, especially if they oppose the Federal Reserve and are politically active.
Article written by Kurt Nimmo
Infowars.com
August 30, 2011
Filed under Coin Collecting, Silver Investing by
Starting a silver coin collection is a great hobby that you will quickly find yourself addicted to.
There are several different coins which can be collected so it is a great idea to pick something like silver coins to focus on when you are just starting out. This will prevent you from getting overwhelmed.
When individuals think about silver coins this is easy to assume this includes all nickels, dimes, quarters, half dollars, and dollars. They’re all silver in appearance so it’s not hard to imagine why persons would think of them in that regard. In reality, many of these coins are not really silver at all. Actually, most of the coins created today don’t even contain any silver as it cost too much money to make each coin.
To determine the kinds of silver coins for your collection which are available you will have to do some research first. Spend some time getting to know the different types of coins which are out there and learn the details connected with each one. Realize the levels of grading that are associated with each coin to help you get a better understanding of the overall value that each coin has.
Several Types of Silver Coins You Can Collect
Half dollars are good silver coins to collect. The United States Mint began making this coin way back in 1794 which were then called the Flowing Hair Half Dollars. Several different kinds of the half dollar were minted between 1794 and 1964. During this period of time these coins were made from 90 per cent silver.
Many people will find that collecting the earliest half dollars will not be an easy job. Coins from the 1700s and 1800s could be pretty worn out which decreases their value. Even in this worn out condition old silver coins like this can still cost a small fortune.
Another common silver coin to collect is dollar. Just like the half dollar, production of the silver dollar began in 1794. There are a variety of various versions of the dollar and up until 1971 they were produced with a large amount of silver in them. An important things you need when you are collecting coin are coin counter machine and electronic coin sorter that can help you to count your coin collection.
When the united states Mint started creating the Eisenhower Dollar in 1971 they stopped making use of silver as its key ingredient. There were a couple of years where the mint produced special versions of this dollar but they were limited in release and aimed specifically towards silver coin collectors.
Filed under Coin Collecting by
Commodity analysts at JP Morgan are predicting the price of gold may hit $2,500 or higher per ounce by the end of the year, the Financial Post reported on Monday.
Prior to Standard & Poor’s downgrading of the debt rating of the United States, the bank thought spot gold would reach $1,800 by the end of 2011. It has since revised its projection.
On Tuesday, the price continued to climb above the $1,700 mark. Gold futures for December delivery rose $31.90 to $1,745.10 after soaring to an all-time high of $1,782.50 an ounce at the Comex division of the New York Mercantile Exchange, The Street reported today.
Continued fear over the growing global depression now well underway sent industrial raw materials down on Tuesday. Oil plunged more than 4 percent and copper hit an eight-month low as investors moved to sell-off risky assets.
JP Morgan admits the rise the price of gold is due to inflation and continued weakness in the U.S. dollar.
The Federal Reserve is continuing its plan to destroy the dollar by dictating monetary policy and keeping interest rates artificially low. The stock market took off on yet another erratic trajectory Tuesday after the FOMC announced its intention on interest rates.
The dollar fell sharply against the Swiss franc and the yen after the Fed announced it would keep the interest rate low until at least mid-2013. The Fed claims doing so will stimulate the economy, but the privately owned banker cartel is in fact engineering more asset bubbles.
The Fed’s “cheap money” policy inflated the housing asset bubble that collapsed with devastating result to the economy. The rise and fall of new asset bubbles will further erode the economy and with it the living standards of countless millions of people.
Article written by Kurt Nimmo
Infowars.com
August 9, 2011
Filed under Gold Trading, Inflation by
The S&P 500 and Gold were almost the same at about $1,300 in February 2011.
Since then, economic stress in Europe and the U.S. has pulled the S&P 500 down while Gold moved higher. Perhaps now is the time to better balance your portfolio and consider re-allocation from cash, stocks and bonds to Gold.
Gold Up – S&P 500 Down
Gold and S&P
- In Feb. 2011, the S&P 500 and Gold were almost the same value.
- The closest the two were together was Feb. 2, 2011. Gold was $1,337.80 while the S&P 500 was at $1,289.80; a difference of 47, or 8%.
- As of Aug. 4, 2011, the difference has expanded. Gold reached $1,649.80 while the S&P 500 fell to $1,200.07; a difference of 450, or 37%.
Filed under Gold Trading by
Right now, the global financial system is facing a crisis that is really unprecedented. The reserve currency of the world (the U.S. dollar) is collapsing
and the second most powerful currency on the planet (the euro) is also collapsing. As the major paper currencies of the globe crumble, the hunger that investors around the world have for gold continues to grow. Today, the price of gold hit an all-time record of $1607.90 an ounce. But that record surely will not live for long. The truth is that gold has been steadily climbing for quite some time now. A year ago, the price of gold was hovering around $1200 an ounce and and many “mainstream economists” scoffed at the idea that the price of gold could go significantly higher. Well, nobody is laughing now. As colossal debt loads continue to crush both Europe and the United States, the euro and the dollar are going to continue to collapse. There are going to be more bailouts and central banks are going to be doing more money printing. So how high is all of this going to push the price of gold?
That is a very good question.
At the moment, the price of gold is experiencing its longest rally since 1980. As the financial markets become increasingly unstable, investors are looking for security, and security is not to be found in anything denominated in dollars or anything denominated in euros.
Continue reading As The Dollar And The Euro Continue To Collapse, How High Is That Going To Push The Price Of Gold?
Filed under Gold Trading, Silver Prices by
Ongoing concerns over stalled U.S. debt ceiling talks, as well as fears of debt contagion in Europe have fueled the rapid increases in Gold and Silver with investors seeking a safe haven in precious metals. Forex.com Analyst Kathleen Brooks noted, “Recently, Gold has outpaced Silver; however, with Gold reaching a record … we think that Silver may play catch up.” Gold’s appeal as a safe haven and hedge against inflation are shining through in this time of global economic uncertainty. In addition, analysts suspect the price of Silver to continue its rise as investors seek an alternative to Gold and as demand from emerging markets begins to outpace the world’s limited Silver supplies.
The prices of Gold and Silver may only continue to rise if:
- there is a continued lack of progress on the U.S. debt ceiling talks with an August 2 deadline looming,
- European Union leaders seek solutions to bail out Greece again while trying to stop the crisis from hitting Spain or Italy, and
- investors worry about rising U.S. inflation with a possible third round of quantitative easing, known as QE3.
If you have been waiting to make your investment, don’t put it off any longer! CitiFX’s Chief Technical Strategist, Tom Fitzpatrick, said the next Gold rally should be similar to the July through December 2010 rally. Some experts say the technical charts for Gold based on past rallies see the precious metal reaching $1,750 an ounce or higher.
Recently, investors have been particularly
interested in the following precious metal investments.
 1 oz. 2011 Gold American Eagles
Since the Gold American Eagle was introduced in 1986, it has been in high demand. Its stately appearance and proud symbolism make the Gold American Eagle one of the world’s most popular forms of personal Gold ownership. |
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 1 oz. Buffalo Silver Rounds
This .999 fine Silver bullion coin is a beautiful example of James Earl Fraser’s classic Buffalo design. Investors and collectors alike treasure this popular and easy to store coin. |
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Strike while the market is hot and take advantage of growing investment opportunities.
Don’t miss your chance to lock in your Gold and Silver position. Concerns over QE3, the ongoing European debt crisis and the looming U.S. debt ceiling may cause prices to increase even more.
Filed under Gold Trading, Silver Investing, Silver Prices by
There are so many options available to you with dollar coin collecting that you would be hard pressed to identify the better dollar coins that are worth collecting.
Early Silver Dollars were minted to replace the Spanish Eight Reales and Spanish Milled Dollar coins that were freely circulating in the newly-formed United States. These large, heavy silver coins were in great demand in the early days of our nation and supply could barely match the demand.
The Flowing Hair Dollar was made in only the second year after the start of US Mint operations and was available in limited numbers with them being produced only for a couple of years with only about 162,000 coins in all. It was later replaced with the Bust Dollar that was minted in the middle of 1795. However, the Flowing Hair dollar is much sought after and its value is very, very high. The first struck 1794 Silver Dollar is currently valued at $10 million dollars.
More on A Few Dollar Coins Worth Adding To Your Coin Collection
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As coin collecting has increased in popularity and more people are looking to add silver and gold coins to their portfolios, many have discovered market prices of coins has varied immensely.
When the coin market was limited to a small number of collectors and dealers, coins were priced in pretty simple terms. Since the market has expanded and dealers became more inconsistent with the prices they set for the coins, the need for a standard scale arose. That is where the coin grading service entered the scene.
More on Why is a Coin Grading Service Important?
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Recessions happen and you can see it and take the appropriate steps before it is too late. Here are a few tips you should know about to help you survive.
1. If you happen to be in debt, get out as quickly as possible by finding ways to pay for it. If ever you need help, hire a financial consultant who can help you with your budget.
2. We have to pay the bills. Instead of just paying for them, perhaps you should see if you can switch to another company that offers cheaper rates. Take a look at your electricity, gas, mobile phone, television broadband package, insurance and even your bank account then make the necessary changes.
More on How to Survive a Recession
Filed under Inflation by
Spot gold is the standard for the value of an ounce of gold for trading purposes. Among gold traders it is the most important information that they can have their hand on. Even though purchases from, large gold traders will often range from five percent above to five percent below the spot gold standard, most traders still use the current spot gold price as the point of reference for the value of gold.
Spot gold trading is like trading other commodities on the market. You are basically placing a wager on what direction is the gold market going to take and placing a trade based on what you believe the price will be in the future, most often four to six months in the future. Here are some of the things that you need to know about spot gold trading if you plan on investing in gold.
More on What You Need to Know About Spot Gold Trading
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In a silver coin collection, the most difficult part is how to find the coins for the collection. A collector’s main method of acquiring coins is by buying them. The most common alternative in acquiring a coin is through purchase in auction sales.
Rare coins and those that are of high quality are oftentimes very difficult to buy. Auction sales whether online or at auction houses provide coin buyers the option to acquire these types of coins at lower prices.
No matter how popular auction sales have become to many collectors, it is still important to know the advantages and disadvantages they can provide to coin collectors. Here are some points must to be considered before buying in auction sales.
More on Buying Silver Coins at Auction Sales
Filed under Coin Collecting, Silver Investing by
Peter Schiff puts forward a good reason to own physical gold and silver as the dollar is
collapsing.
The US dollar is in terminal decline; America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and embroiled in an economic depression. It is only a matter of time until the dollar faces a crisis of confidence. The difference between this collapse and the bursting of any other bubble is that the dollar is the backbone of the global economy. Its disappearance will leave a vacuum to be filled.
There are three main contenders for the role: the euro, the yen or the yuan. But each of these currencies suffers from a critical flaw that makes it unsuitable as a reserve currency. When it comes to fiat alternatives, the world would be going from the frying pan into the fire.
More on Another good reason to own physical gold and silver
Filed under Gold Trading, Silver Investing by
Coin dealers are often considered as best friends to coin collectors. While it is quite easy to find one, it’s important you find one with qualities such as being ethical and honest. Following are some characteristics that you would like your coin dealer to have.
More on Tips for Finding a Good Coin Dealer
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A great discussion about silver from some of the biggest names in the industry.
David Morgan is a precious metals aficionado armed with degrees in finance and economics as well as engineering.
He created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals. He is one expert I follow to keep abreast of the silver and gold markets. I have posted on a special video page a number of videos that feature David Morgan.
Filed under Silver Prices by
Many people ask when they are just starting in coin collecting, “What is the value of the coin?” Oftentimes the answer is that the coin will cost as much as you are willing to pay for it and that amount can vary considerably. For instance, a coin dealer’s offer can be much less than a coin collector who wants your coin badly to add to his collection.
The following are factors that can influence the true value of a coin.
1. Grade or condition of the coin. Your coin will be worth more when it is in good condition. When in a perfect or unblemished mint condition, an “uncirculated” coin will be worth many times more than a similar coin that has been in circulation.
2. The rarity of a coin is the principal basis for a coins value. Generally, the rarer that a coin is found to be, the higher it is priced. Do keep in mind that rarity has very little influence on the coins age. Chinese coins are a thousand years old normally sell for about ten dollars since there are so many of them; while a 1913 Liberty Head Nickel can sell for up to or over a million dollars because only five specimens are known to be in existence.
3. Bullion value. A coin’s precious metal content can determine its value. A platinum, silver or gold coin will not, in general sell for less than the coins value when melted. You can learn the current spot price of your precious metal coins online.
4. Demand. There are coins that are greatly in demand; sought after by many collectors, and if that a particular coin is in great demand the price will be even higher. Even comparatively plentiful coins can mandate higher value when they are popular with coin collectors. For example, I have seen very high premiums in recent years of silver American Eagle coins, even though they are not particularly rare.
Take for example 1916 D dimes which are much more abundant than the 1798 dimes, yet in spite of this, 1916 D dimes sell for so much more because there are many more individuals collecting 20th century dimes than 1700 dimes.
Here’s how you can determine the approximate value of your coin:
1. Properly, accurately, and correctly recognize and classify your coin. You can do this successfully by examining your coin in a catalog or online with a coin price guide; this will give you an idea of the going rate and price of your particular coin and you can determine the approximate value of your coin.
Coin values are changing every day so you need to use a coin price guide that is updated on a daily basis to obtain the current coin value. Look at online sites that offer step by step guidance on how to recognize your coin the proper way.
2. Grade your coin based on your thorough observation and examination of its current condition.
3. Consult coin catalogs for a list of retail prices and/or estimates of your coins retail value. “A Guide Book of United States Coins”, popularly known as “The Red Book” to coin dealers and collectors, provides information on retail coin prices for US coins and is available in libraries, coin shops and bookstores. “The Standard Catalog of World Coins” (in volumes) is a guide commonly used by coin dealers and collectors as well, to provide information on world coins and is available in many public libraries.
You can also check current coin prices based on the actual dealer coin price found in magazines and newspapers or online auctions such as Yahoo, Coin World, eBay or Teletrade.
Most collectors are not collecting coins primarily for money; they collect for enjoyment and self gratification, and profit is to be last consideration. The fact that a particular coin does not have a large monetary value, does not necessarily suggest that it is no longer interesting or fascinating or that it must not be included in your collection.
Each coin will have a certain interest in itself, regardless of the condition that it is in and regardless of its monetary value. There will always be a certain characteristic that will draw you to that particular coin; so when it does, then you should have it in your collection.
Have fun!
Filed under Coin Collecting by
Following is a message received from NIA (National Inflation Association) regarding the recent volatility in silver prices.
This past week’s dip in the price of silver from nearly $50 per ounce down to below $37 per ounce is exactly what we predicted would happen a week ago on NIAnswers.
A week ago on NIAnswers we said, “The gold/silver ratio has declined during the past year from 70 down to 32. We projected it to decline to 38 this year, so there is a chance silver has run too far too fast. It wouldn’t surprise us to see a large dip in silver prices with the gold/silver ratio bouncing back up to 40. However, we are 100% sure that the gold/silver ratio will decline to at least 16 this decade. Therefore, we think silver is a buy here for the long-term, but it is probably best to be buying gold here even more heavily than silver so that if silver dips in the short-term, you can sell some gold to buy more silver.”
With gold now at $1,503 and silver at $36.81, the gold/silver ratio is now back up to 40, which is exactly what we predicted would happen a week ago when the ratio was 32.
With a gold/silver ratio of 40, silver is starting to once again become very attractive. Silver will likely remain very volatile in the short-term, but it is best for us to ignore this short-term noise and focus on the long-term. There is simply no better asset to own during hyperinflation than silver. We are 100% sure that the gold/silver ratio will return to its historical average of 16 within the few years, which means that those who buy silver today will see a 2 1/2 increase in their purchasing power.
Most of the people who are taking profits on silver today are going long U.S. dollars, which is the riskiest asset of all. Even though we knew silver was going to dip, we didn’t sell any of our silver. We simply stopped buying silver in recent weeks and focused on accumulating gold. If silver continues to dip in the short-term, we will strongly consider selling some of our gold and using the money to buy a lot more silver.
It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us
Filed under Silver Prices by
Patterned after the $2.50 & $5.00 Indian Head Gold Coin Minted from 1908 to 1929, these Silver Incuse Indian Rounds contain 1/10th troy ounce of pure .999 silver each, are hallmark stamped to that effect, and are roughly the same size as a dime. Their design is taken directly from one of the most famous coins in U.S. history: the Indian Head Half Eagle $5 Gold Piece.
The quality that sets these coins apart from all others stylistically is their unprecedented incuse relief: unlike any other modern design, the images and inscriptions on the Indian Head Half Eagle are sunken into the surface of the coin.
Bela-Lyon Pratt, a well-known American sculptor and artist, crafted a Native American in full headdress surrounded by thirteen stars for the coin’s obverse. An American eagle standing atop fasces and an olive branch – symbols of military preparedness and peace, respectively – appears on the reverse.
With uncertain economic times and silver prices on the rise, multiple denominations of bullion are highly desired. These, and other fractional silver coins are available in 1/2, 1/4, 1/10, & 1 troy ounce .999 Fine Silver rounds.
Filed under Silver Investing by
Simplicity is not the best policy when it comes to coin collecting. Oftentimes it is the rareness, the history, or the mother country of the coins that collectors value most.
Here is a variety of coins that “coinophiles” are obsessed with:
National Coins: Patriotism in Coins
Usually, national coin collectors are interested in collecting their own country’s coins. It is common practice for collectors of national coins to get a representative coin from each date and mint marks for each coin series. Various national coin collectors combine a unique variation of series, date and mint marks.
Error Coins: It’s OK to be Not-So-OK
One of the modern types of coin collecting is known as error coin collecting.
Errors became possible when the production of coins was automated during the nineteenth century. Collectors of historic coins are fine with error coins because they like the uniqueness or error coins. Even modern day coin collector falls in love with error coins because they are assured that the modern processes promise that they are unique. The characteristics or coin errors include the following:
- dies that are doubled
- mint marks that are repunched
- over-dated
- double strikes
- coins that are “off” metal
- coins that are displaced or off center
- coins that are clipped
- one coin with different nominations on two sides a.k.a. mules
World Coins: Hobby of Kings…. of the World
Collecting world coins is about gathering those modern coins from all the countries of the world. Geographically-challenged individuals will have a hard time participating in this kind of coin collecting. If you would like to be a collector of world coins, you must be prepared to spend a considerable amount of money if you would want to have an extensive collection – being a “jetsetter” might be required. World coin collectors often acquire representative coins from each country or from authorities that issue coins. There are also world coin collectors that collect by subject such as those coins that feature animals.
Historical Coins: The Value of the Past
Collectors of historic coins find value in mints that are from medieval or ancient times. The most popular of these historic coins include the following:
- Byzantine
- Celtic
- Greek
- Indian
- Israelite
- Merovingian
- Ostrogothic
There are other ancient coin specialties but it really depends on the preferences of the collectors. The popular way is to collect the coins that were minted during the reign of a certain emperor or king.
Filed under Coin Collecting by
I watch CNBC practically every morning. It has become a daily routine for me. It is only one of my channels of information. During breakfast, whether it is cereal, waffles, eggs and bacon or a bagel with cheese, I read my morning newspaper with my left eye and watch the stock market reports on CNBC with my right. I sometimes switch to the Chicken Noodle Network (CNN) for some news of the day.
This morning, CNBC reported that the U.S. Mint has sold four times more American Silver Eagle dollar coins than last year. Did they mean that there has been a 400% increase of sales in just the first three months of this year, compared to the same time last year or is the comparison to the whole year.?
I have been keeping my own statistics since September 22, 2010. On that day Silver sold for $21.04/oz. On that day, Silver was in a ratio to Gold of 61 to 1.
Yesterday, March 30, 2011, Silver closed at $36.98. That is an increase of about 43% since September, 2010. Now the ratio of Silver to Gold is 38 to 1.
Can you achieve these results with your IRA or 401K? I doubt seriously this gain could even be achieved in the stock market., unless you bought into some new wonder stock!
On CNBC, their very short comment was that ‘the little man’ is buying American Silver Eagle dollars as his method of saving, shouldn’t you?
There are many ways and means of buying and saving Silver. Some companies want to sell these Silver dollar coins at prices between $125 to $200 a coin. They call them numismatic collectables. The only buyer you will ever find for those coins is a collector or maybe a coin dealer. These coins are certified as MS70.
I believe if you can afford about $70 a month for an American Silver Eagle dollar coin, you are better off! I propose that you look at what
I have to offer. The program that I am involved with is not the typical MLM (multi level marketing) program. In short, you purchase one Silver dollar a month and sell two or more people on the same idea. For every two you sign up, you receive one free Silver Eagle.
Figure that out! Your one plus the one you receive makes your coin cost about $35. If you sell four and get two, then your cost is about $23.40 each. Wow, and Silver is now over $37/oz.
Try this program and you will soon see and realiuze more of a gain than you would in the stock market.
Article Source: http://www.articlesbase.com/investing-articles/fresh-mint-silver-coins-4506501.html
About the Author
Author: Peter M. Olsen
I am 72! I lived and worked in West Germany for 27 years. I have been involved in network marketing, off and on for about 15 years. I have a blog which relates a little of my life, my thoughts and opinions. There are a lot of photos too!
My blog: www.ANobodyIsSomebody.com
Be my guess and collect numismatic MS70 coins?. They can only be sold then to a numismatist. I say it is better to buy one silver dollar a month and sell two or more people on this plan. For every two you sell, you receive one free!!
Take a look: www.mintfreshsilver.com.
Filed under Silver Investing by
Are you one of those people who are just getting into the silver coin collecting hobby? If are new silver coin collecting, the first thing that you need to do is to learn how to choose the kind of silver coin to collect. No, you cannot just go out there and pick up any coins that caught your fancy. You need to have a system if you want to come up with an impressive silver coin collection.
To help you get started in silver coin collecting, here are some tips for you.
Getting Started
Before you start collecting coins, you need to know a good deal about history. Why? Coins are part of history and the more you know about history, the more you will be able to choose the right kind of coins to collect. Read a few good history books and take note of the coins that are minted and circulated during certain periods of time. Aside from reading books, you may want to join seminars on silver coin collecting and learn a few things about how to collect historical coins. Attending silver coin collecting seminars can also provide you with a venue to meet other coin collectors and learn something from them.
Working On Your Collection
Although there are no hard and fast rules when it comes to coin collecting, it is always better to work systematically when collecting silver coins.
First, you need to start collecting silver coins based on their country of origin. For instance, if you want to come up with an impressive silver coin collection, you can collect silver coins coming from Canada at a certain period of time. Keep in mind that Canadian coin prices are known to vary according to existing conditions in the coin market, so you will also need to factor in these changes when determining the Canadian coins you collect.
Second, you can collect silver coins by types or series. For instance, you can collect U.S. silver eagle coins. American Eagle Silver Dollars are authorized by Congress and produced by the United States Mint at West Point, New York and are legal tender coins with a face value of one dollar (though they are worth considerably more since the market price of one ounce of silver has been many times greater than one dollar for more than four decades).
You must understand that coin collecting is just like collecting bits and pieces of history so if you want to come up with a good collection of coins, you need to start by collecting coins from different times and periods.
Yes, collecting coins can be a lot of work and it could be quite expensive too but the good news is that if you are able to complete a set of coins minted on a certain period of time, that collection can fetch a handsome price in the market if you choose to sell it. Many coin collectors have made quite a fortune out of their collection after a few years of working on it.
Silver Eagles – Get ‘em while you can
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With the spot price of silver and gold hitting new highs, there are also companies coming out of the woodwork wanting to buy your silver and gold. Generally, I don’t recommend you selling your precious metals… rather, you should be acquiring more of it.
Meanwhile, you may have some old silver or gold and jewelery made of gold lying around in their drawers, or jewelery box. You might be considering trading in your gold online. You just need to remember a few things before you commit to trading in your gold online.
More on How to Trade In Your Gold Online
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