According to historical records there were 1,038 silver bars, 160 gold bas and discs and over 255,000 silver coins, mostly consisting of “pieces of eight”. These coins were minted in the Americas and used as a global trade currency during the era. The silver coins had been hand-stamped at mints in Potosí, Lima, La Plata, Mexico City and Santa Fe de Bogotá.
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.
Investor demand continues to drive up prices for physical silver bullion. Supply chain disruptions at the start of the pandemic led to depletions of wholesale and retail bullion inventories resulting in the prices of physical bullion become far removed from following the paper price.
The US Mint continues struggling during periods of high demand due to ongoing supply chain issues plaguing domestic planchet suppliers.
It is a good idea when storing silver at home to be prepared range of possibilities. It doesn’t take very long to fill a box or small safe with shiny metal.
So when you are investing in a safe it is a good idea to plan ahead. A good home safe can be a significant investment that you don’t want to find yourself repeating every six months to a year.
The American dollar system is broken. All of the major swings in the economy over the last few years that have been driven by political and policy-based initiatives have led to a decline in global trust of the American dollar. The ongoing banking crisis makes it more evident.
A 100-ounce silver bar is an investment vehicle that can be used to accumulate wealth at home while taking up only a relatively small storage space.
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.
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.
We look at some of the simplest and most dependable methods for testing silver at home to give you peace of mind and confidence in your stacking choices.
The CombiBar is a unique bullion bar that can be divided into fractional bars. Available in silver, gold and platinum for portfolio diversity.