Buying monster boxes can be a practical choice for investors who prefer to buy in bulk and are serious about silver exposure. They provide a bulk alternative to purchasing bullion coins one at a time, often resulting in a lower overall premium cost, making them one of the best allocations for investors who prefer mint fresh BU coins.
More people are buying precious metals as a store of value to hold in lieu of cash.
There are a lot of reasons why silver is superior to gold, beyond the most obvious.
Although silver is up over 100% since the start of the pandemic, most believe there is much more upside potential with silver relative to it’s current value.
The notion of sales tax on precious metals investing is a contentious issue to some and represents a line in the sand between some legislators and investors. Despite the long history of gold and silver being recognized as money, many states continue to tax their citizens for the privilege of owning these metals.
According to a recently released statement, JP Morgan Chase is the currently sole custodian of 459,485,125.800 troy ounces of fine silver on behalf of the Blackrock owned iShares Silver Trust (SLV).
Toning or tarnish is a layer of corrosion that forms on the surface of silver and can affect the appearance and luster of the shiny metal. Natural versus artificial toning can effect any underlying numismatic value.
APMEX sold more than 1 million troy ounces of silver in the past 7 days, and 27,000 troy ounces of gold.
It is not a conspiracy theory that the central banks intend to use CBDC as a means of control. It was explicitly explained during their annual meeting in 2020.
The collapse of SVB was inevitable. Even after receiving accolades from mainstream media praising the bank as one of best. Thousands of customers woke to find all of their money gone. Buying gold is alternative way to store cash.
Smart, lower silver premium alternatives to help lower dollar-cost average
While SpaceX is currently the leading company in commoditizing space travel, a new startup is preparing to launch a prototype demonstration outer space refinery.