Where to Store Physical Gold & Silver

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The goal of this document is to give you some simple rules of thumb and creative thought- provoking ideas on how to safely hide and protect one’s bullion coins and bars. With safety in mind, the following are some general guidelines everyone should consider when storing silver and gold first-hand in an apartment or home, on a farm, or even with a trusted third party.

Please note, we do not endorse any of the specific suggestions we are about to make. This document is written with entertainment in mind. Each and every bullion buyer must remain solely responsible for the safekeeping of their very own holdings.

When one decides to buy and take possession of physical silver and gold bullion (coins, bars, and/or rounds), Kitco gold the question arises of where to take delivery and how to safely hold the items for the long term.

Let’s bring our focus now to the task of hiding and safely holding precious metals close to hand, outside of the financial system. They key for successful safe storage is often found using one’s creativity and ability to outwit a would-be thief.

Everyone usually thinks of the same trite and typical options, like purchasing a home safe. But just buying a fireproof safe and sticking it in the middle of your house or apartment may not be the kind of out of the box thinking required to keep your precious metals yours. Chances are very high that, by simply walking through your house and keeping an open mind, you could come up with a handful of interesting ideas for great would-be hiding spots.

Before we get too far down the rabbit hole, remember, it is your responsibility to keep tabs on where you hide your most precious assets for not only your sake but also the sake of those who may depend on you. Creating a coded treasure map may indeed be necessary, Gold price, depending how extravagant your hiding spots become.

Also, you will always want to be certain that you keep you precious metals in good condition- protected from humidity, moisture, and potential damage. You will most likely want to utilize plastic mint cases, tubes, air-tites, Where to buy gold and ziplock bags for protecting your metals while they remain hidden.

Now, as for the exact hiding spots, the choices will obviously be yours and mostly depend upon the domain you inhabit. Of course, someone living on a rural farm has more options than one renting a studio apartment in a crowded city.

With that in mind, let us give some details on a few ideas and hidden storage examples to help spur your creativity onwards.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle, jewelry, electrical appliances wood preservatives, Silver spot price, and water and food purification.

Edward Jones Investments

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When one decides to buy and take possession of physical silver and Gold ira rollover bullion (coins, bars, and/or rounds), Where to buy precious metals the question arises of where to take delivery and how to safely hold the items for the long term.

Silver is one of the precious metals second in popularity from gold price. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle , jewelry, electrical appliances wood preservatives, Silver spot price , Silver price per ounce , Gold and silver prices today and water and food purification.

In a historic context, there is likely no greater protection against theft than owning one’s valuables close at hand while also simultaneously having the items well hidden, out of sight and mind from any threats which may attempt to seize said precious property.

To keep one’s valuables safe from theft, the following axiom certainly applies…

What a Thief Cannot Find, He Cannot Steal

Before we begin brainstorming on creative hiding places for valuables, let us take into account the following 6 rules to follow when planning about how to safeguard your important items:

Rule #1 SHUT UP

It is very important to maintain discretion by keeping one’s holdings as private as possible. This means to either never acknowledge and/or only disclose hidden valuables to the most trusted loved one(s). The more people who know about a stash of valuables, the more risk there is that someone will take advantage of that intimate information.

Rule #2 LIMIT KNOWLEDGE

Historically, the biggest threat to your bullion stash is not some rogue government or military.

The biggest threat to your most valuable possessions is potentially your neighbour, housecleaner, gardener, rebellious child, angry spouse, and fills in the blank.

Bullion theft typically comes from people closest to someone or potentially within their first or second circle of acquaintances.

Rule #3 PRESERVATION via DIVERSIFICATION

Diversifying your physical storage locations may make sense, depending on the size of your bullion stack. If one has a substantial amount of bullion holdings, it may make sense to mix up locations of where and how the metals are held, whether that be multiple hidden locations within the same domicile or spread internationally amongst various countries and geopolitical arenas.

From the one tube silver bullion round buyer to the gold tonne pallet stacker, spreading storage locations might be a worthwhile endeavor to limit the threat of losing all one owns if the worst comes to pass.

Rule #4 NEVER UNDERESTIMATE

Never trivialize a thief’s drive to find your stash through the use of coercion or even outright violence. Be prepared to even acquiesce a small portion of your valuables to save your life and/ or the life of a loved one.

Money is simply a means to a life well lived. You will most likely agree, the life of yourself and the ones you love trumps all possessions on this Earth.

Rule #5 DIVERSION INSURANCE

The use of multiple diversion stashes may be very handy to bullion stackers. For example, the use of a cheap obvious safe stacked with clad bullion copies and/or a small stack of bullion you’d be willing to lose in the case of home invasion may come in handy.

Rule #6 UNSAFE BANK DEPOSIT BOXES

A major mistake many beginning bullion buyers make is to store their physical bullion inside a bank’s supposed safe deposit boxes. The reason this is an unsound decision is multifaceted.

Bank safe deposit boxes are not federally insured, private, or convenient, nor are they all that safe.

The Federal Deposit Insurance Corporation (FDIC) does not insure bank safe deposit boxes in the United States. As an example, a bank employee could steal valuables from a safe deposit box and the FDIC would not only cover the loss, the onus of proof would then be on you, the victim, to redeem compensation from the bank in question.

Silver price per ounce

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Platinum and Palladium recently made a break into the precious metals industry. They are precious metals because like gold, they hold a lot of value in a very small amount of space. These metals are also industrial metals used in various applications in dentistry, automobile production, jewelry, and in electronics. If you are looking to invest in these metals, then take a look at these facts. Hopefully, you shall be able to make an informed decision on whether you should invest in Platinum or Palladium.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle , jewelry, electrical appliances wood preservatives, Silver spot price , Silver price per ounce , Gold and silver prices today and water and food purification.

These two metals can be hard to differentiate to the untrained eye. They have similar traits, which deem confusing at times. These metals both react as catalysts to the same elements and chemicals and they both maintain a bright white color that does not fade over time when used in jewelry. To better understand these metals, let us review their uses, density, and prices.

Platinum

At 70%, South Africa has the largest production of platinum in the world. Platinum is much denser than palladium. This allows for more manipulation of the metal without breaking. The versatility of platinum raises its prices to nearly twice the price of palladium per ounce. Platinum’s uses are tangible with its main use being for diesel engines. Platinum is the main component of catalytic converters used to convert toxic by-products from the exhaust into being less-toxic. A powdered form of platinum is used as a catalyst in the ignition of hydrogen in the catalyst converter on cars. For gasoline or petrol engines, either platinum or palladium can be used – the main determinant of which metal gets used is the price. Platinum is also used in dentistry, in the production of strong, permanent magnets and in the form of surgical instruments and electrical contacts. Approximately 46% of platinum consumed annually is used in catalyst operations, 31% for jewelry, and the rest for minor industrial usage. All in all, around 250 tonnes of platinum is used annually.

Palladium

Palladium is very similar to platinum However; this metal is less dense and less expensive. Due to the similarities, palladium is also used as an industrial catalyst and is a common substitute to platinum in the jewelry industry. Palladium is a key element of white gold and it makes up some of the best workings of high-end watches. Also, palladium is believed to be more available than platinum and is frequently considered a lower-cost substitute for platinum. If you wish to buy one of these metals for industrial purposes, palladium is a greater bargain because it sells nearly half as much as platinum. Palladium is also used in automotive catalysts, electrodes in medical equipments, converter, and as mentioned earlier, in fine jewelry. About 4.4 million ounces in 2011’s total palladium production went to the automotive market!

Live Gold Prices

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Investing in precious stones is gaining popularity especially as a means of surviving the unstable economies. The most common precious stone being gold, silver is gradually catching up. The gold vs silver venture on which one should invest in can be rather confusing. To help you settle for the best investment you need to understand what each brings to the table. Initially, the price change of gold has not changed drastically over a given period as it is changing in the current times which where changes can be noted within 24hours. For example, in the late 1990’s, an ounce of gold was selling at $400. It took about 15 years for the prices of gold to increase to about $450. This is an average variance of $50 in 15 years.

Silver and Gold Market

Just like gold, silver has also had a positive turn between the years 2005 and 2011. For every troy ounce, it was about $7 and it increased to $35. This big move could not go unnoticed.

Market Demand

There are several industrial, commercial, as well as consumer uses for these precious metals. Silver has been in use since time memorial. From an industrial perspective, this metal was an important part used in the film industry for their cameras. One may argue that currently, the making of cameras is on a go-slow. As much as this may be true, the introduction of other technological equipment such as mobile phones has created use for silver.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle, jewelry, electrical appliances wood preservatives, Silver spot price and water and food purification.

For more details, please feel free to log on to: Where to buy precious metals, Where to buy gold bullion

Gold does not carry as much industrial use as compared to silver. One of its largest uses is that in the jewelry market. A small percentage of its use is in the dental and medical market. This however, poses a challenge due to its expensive nature. How far are people willing to go to spend on jewelry? This questions the long-term use of gold in the market especially with the increasing prices. Looking at this perspective of gold vs silver, it is evident that the uses of silver surpass the uses of gold and thus the more reason to invest in silver. The major use of gold is categorized as a luxury and not many are willing to pay heavily for luxuries such as jewelry. There are several uses for silver. In addition, there price difference also allows industries to keep using it as opposed to gold current value. Even when portraying an increase in the price of silver, it is evident that price will not be a hindrance due to its vast application in the market.

Investing in these precious metals is for the bold due to their volatility in the market. This makes them a rather long-term, as opposed to day-by-day products. It is also important that you trade with a level mind without any pressure due to difficult financial situations. Investors who have owned their gold in the long-term have reason to smile to the bank due to the increase in gold prices. This is also the case for silver investors although the growth rate is slower than that of gold. With the instability and decline in the current financial economies, the thought of owning gold and/or silver comes in as an added advantage. It helps to diversify your portfolio across different financial platforms despite the current economic instability.

Where to Buy Gold

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Platinum and Palladium recently made a break into the precious metals industry. They are precious metals because like gold, they hold a lot of value in a very small amount of space. These metals are also industrial metals used in various applications in dentistry, automobile production, jewelry, and in electronics. If you are looking to invest in these metals, then take a look at these facts. Hopefully, you shall be able to make an informed decision on whether you should invest in Platinum or Palladium.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle , jewelry, electrical appliances wood preservatives, Silver spot price , Silver price per ounce , Gold and silver prices today and water and food purification.

These two metals can be hard to differentiate to the untrained eye. They have similar traits, which deem confusing at times. These metals both react as catalysts to the same elements and chemicals and they both maintain a bright white color that does not fade over time when used in jewelry. To better understand these metals, let us review their uses, density, and prices.

Platinum

At 70%, South Africa has the largest production of platinum in the world. Platinum is much denser than palladium. This allows for more manipulation of the metal without breaking. The versatility of platinum raises its prices to nearly twice the price of palladium per ounce. Platinum’s uses are tangible with its main use being for diesel engines. Platinum is the main component of catalytic converters used to convert toxic by-products from the exhaust into being less-toxic. A powdered form of platinum is used as a catalyst in the ignition of hydrogen in the catalyst converter on cars. For gasoline or petrol engines, either platinum or palladium can be used – the main determinant of which metal gets used is the price. Platinum is also used in dentistry, in the production of strong, permanent magnets and in the form of surgical instruments and electrical contacts. Approximately 46% of platinum consumed annually is used in catalyst operations, 31% for jewelry, and the rest for minor industrial usage. All in all, around 250 tonnes of platinum is used annually.

Palladium

Palladium is very similar to platinum However; this metal is less denser and less expensive. Due to the similarities, palladium is also used as an industrial catalyst and is a common substitute to platinum in the jewelry industry. Palladium is a key element of white gold and it makes up some of the best workings of high-end watches. Also, palladium is believed to be more available than platinum and is frequently considered a lower-cost substitute for platinum. If you wish to buy one of these metals for industrial purposes, palladium is a greater bargain because it sells nearly half as much as platinum. Palladium is also used in automotive catalysts, electrodes in medical equipments, converter, and as mentioned earlier, in fine jewelry. About 4.4 million ounces in 2011’s total palladium production went to the automotive market!

If you consider the supply side, these two metals are very rare. There is a supply deficit in these metals due to the challenges faced when mining platinum and palladium. It is only logical that the prices of these metals will rise in the future. If you are a serious investor, you should find ways to benefit from this in the end.Considering the demand side, the metals have ample uses but the one unique industrial application that makes them to be in constant demand is from catalytic converters. There is also in demand from dentists, electronic manufacturers, and for use in jewelry.

Physical Gold & Silver

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The goal of this document is to give you some simple rules of thumb and creative thought- provoking ideas on how to safely hide and protect one’s bullion coins and bars. With safety in mind, the following are some general guidelines everyone should consider when storing silver and gold first-hand in an apartment or home, on a farm, or even with a trusted third party.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle , jewelry, electrical appliances wood preservatives, Silver spot price , Silver price per ounce , Gold and silver prices today and water and food purification.

Please note, we do not endorse any of the specific suggestions we are about to make. This document is written with entertainment in mind. Each and every bullion buyer must remain solely responsible for the safekeeping of their very own holdings.

When one decides to buy and take possession of physical silver and gold bullion (coins, bars, and/or rounds), the question arises of where to take delivery and how to safely hold the items for the long term.

In a historic context, there is likely no greater protection against theft than owning one’s valuables close at hand while also simultaneously having the items well hidden, out of sight and mind from any threats which may attempt to seize said precious property.

Rule #1 Shut Up

It is very important to maintain discretion by keeping one’s holdings as private as possible. This means to either never acknowledge and/or only disclose hidden valuables to the most trusted loved one(s). The more people who know about a stash of valuables, the more risk there is that someone will take advantage of that intimate information.

Rule #2 Limit Knowledge

Historically, the biggest threat to your bullion stash is not some rogue government or military.

The biggest threat to your most valuable possessions is potentially your neighbor, housecleaner, gardener, rebellious child, angry spouse, and ….  fill in the blank.

Rule #3 Preservation Via Diversification

Diversifying your physical storage locations may make sense, depending on the size of your bullion stack. If one has a substantial amount of bullion holdings, it may make sense to mix up locations of where and how the metals are held, whether that be multiple hidden locations within the same domicile or spread internationally amongst various countries and geopolitical arenas.

Rule #4 Never Underestimate

Never trivialize a thief’s drive to find your stash through the use of coercion or even outright violence. Be prepared to even acquiesce a small portion of your valuables to save your life and/ or the life of a loved one.

Rule #5 Diversion Insurance

The use of multiple diversion stashes may be very handy to bullion stackers. For example, the use of a cheap obvious safe stacked with clad bullion copies and/or a small stack of bullion you’d be willing to lose in the case of home invasion may come in handy.

Rule #6 Unsafe Bank Deposit Boxes

A major mistake many beginning bullion buyers make is to store their physical bullion inside a bank’s supposed safe deposit boxes. The reason this is an unsound decision is multifaceted.

Bank safe deposit boxes are not federally insured, private, or convenient, nor are they all that safe.

Gold And Silver Prices Today

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Let us take this time to congratulate you for finding Buy Precious Metal, one of the best sources of information when it comes to precious metals investments. The world economy has been based on US dollar for as the world’s reserve currency for a long time but the same cannot be said now. The investment trend has now shifted to investing in gold coins and silver coins and avoiding paper-based investment such as stocks, bonds, mutual funds etc. The current rate of inflation coupled with the volatility and uncertainties in the financial market have weakened the US dollar as the reserve currency, further pushing up the gold and silver prices.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle , jewelry, electrical appliances wood preservatives, Silver spot price , Silver price per ounce , Gold and silver prices today and water and food purification.

In just about five years, the price of silver per ounce has nearly doubled with many investors all over the world investing in precious metals; Gold, Silver, Platinum and Palladium. Robert Kiyosaki, an American investor and the self-help author of the popular Rich Dad Poor Dad series of motivational books, believes that investment based on gold or silver value is incomparable to fixed price assets such as paper money which only gives a fixed return each year.

Sound Gold Investment Advice

Many hardworking people have lost their entire life savings due to inflation, wrong financial decisions or unfavorable economic environments. We don’t want you to be the next victim by holding on financial assets such as stocks, paper currency etc. At Buypreciousmetal.com we will provide you with candid information on current gold price, best Gold IRA investment and sound financial advice on gold bullion, silver bullion and much more.

Honest Reviews on Gold Investing Companies

Buypreciousmetal.com strives to provide you with reliable and detailed reviews of companies engaged in gold investing including popular companies that deal in precious metal investment such as Regal Assets. We review these companies to give you information on gold chart, copper prices, coin values and how to use gold and other precious metals to protect your savings against inflation.

Tips on Precious Metal Investment

Many companies dealing in precious metal investment use all means to entice investors, some with genuine investment plans others not. We’ll provide you with handy tips on world commodity prices, how to properly use investment calculators, Gold IRAs, bullion coins and much more.

Investment Connections and Portfolio

We can help you build a solid investment portfolio with Gold IRA and other precious metal investment plans because we work hand-in-hand with online investment companies. Whether you are looking for ways to transfer retirement plans or gold IRA rollovers we’ll help you with reliable investment connections.

Experience and Industry Know-How

With unsurpassed experience in precious metals business and precious metals investment. Get expert information on gold bullion, silver bullion, commodity prices, world gold price charts and many others useful facts and figures to help you make the best out of the gold prices today.

Where to Buy Gold Bullion

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Financial security is not guaranteed in today’s world. With the U.S. dollar in serious jeopardy of losing its position as the world’s reserve currency, Americans should begin to focus on safer investment strategies. According to well-known financial investor and author of the international best seller, Rich Dad, Poor Dad, Robert Kiyosaki, there is one option that offers the best chance of financial success. Investing in rare metals, particularly gold and silver, is essential for anyone looking to protect their nest egg, as well as increase its worth. Let’s examine seven reasons why you should start investing in precious metals today.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle, jewelry, electrical appliances wood preservatives, Silver spot price and water and food purification.

1) There is no doubt that the value of the U.S. dollar will depreciate when its reign as the world reserve currency is over.

As a result, inflation will occur resulting in higher prices on consumer goods, as well as a reduction in the value of certain stocks, diminished income from interest-bearing securities, and much more. In the past, bond values were the most severely affected by inflation. Keep in mind that even cash invested in the most conservative manner or stored in a vault is at risk due to the consistent erosion of purchasing power that results from inflation. Watch this video below if you think that will never happen.

2) Gold, and other noble metals, is known for holding their value, but the supply is limited.

Gold has done the one thing that paper money has never been able to do. Although the price of gold tends to be volatile, it has not only been able to hold its value over time, but it has also seen an increase in its overall value. You also should keep in mind that gold is a natural element and cannot be manmade. While gold miners continue to search for gold, it is becoming increasingly hard to find. As with almost anything, a lack in the supply of gold will drive its price and value up. Now is certainly the time to Where to buy precious metals. In the past, the price of gold has dramatically increased during periods of inflation.

3) All indications point to a significant in demand for rare metals in the next few years.

Many native metals, especially silver, are frequently used in numerous industries. In fact, 75% of the silver that is mined is sold for industrial uses. According to The Silver Institute, there will be a 36% increase in the demand of silver for industrial purposes by 2016. Robert Kiyosaki has stated that silver may prove to be more valuable than gold in the future because of this fact. Platinum is also expected to rise in value because it is in high demand, but it is extremely difficult to find.

Where to buy precious metals

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Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, jewelry, electrical appliances wood preservatives, and water and food purification. Silver was also used in film photography until recently. Baby boomers have adopted digital photography thanks to the new technological developments. However we cannot overlook owning silver as a good investment plan. Precious metals such as gold platinum and palladium are gaining popularity. Baby boomers prefer to invest in them compared to paper money .This has led to a growing demand for the special metals.

Buying silver for investments is one of the wisest decisions baby boomers could make.  Buying silver whether in the form of bullion, coins or bars it is a good way to save money either for retirement or other purposes.   Gold and silver prices today per ounce appreciate especially when the economy is weak. What makes silver stand out from other precious metals such as Gold, Platinum and Palladium?  Robert kiyosaki is a renowned American investor, businessman and financial commentator. He is also famous for the best seller “Rich dad poor dad”. Robert best describes Silver as an investment which is “A hedge against financial stress. He further explains that the precious metal is a good vehicle for preserving assets unlike the common saving through stocks and paper money.

Silver is a rare metal .In a global economy full of uncertainty, it is an ideal investment. Investing in silver uds, bullion, bars or coins will enhance that incase of inflation, one can trade them for cash. The scarcity of the metal gives enough justification for investing on the same because the prices silver per troy ounce will remain attractive despite economic changes.

Let us take this time to congratulate you for finding Buy Precious Metal, one of the best sources of information when it comes to precious metals investments. The world economy has been based on US dollar for as the world’s reserve currency for a long time but the same cannot be said now. The investment trend has now shifted to investing in gold coins and silver coins and avoiding paper-based investment such as stocks, Silver price per ounce, bonds, mutual funds etc. The current rate of inflation coupled with the volatility and uncertainties in the financial market have weakened the US dollar as the reserve currency, further pushing up the gold and silver prices.

Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle, jewelry, electrical appliances wood preservatives, Silver spot price, and water and food purification.