What is the Best Silver Bullion to Buy?

If you are just getting started with with Precious Metals you are probably asking yourself, "What is the Best Silver Bullion to Buy?" In this video Jim shares with you some of the main silver bullion products that are sold in todays market:

It’s hard to say that there is one silver coin or bar that will fit every person’s needs, so let's start off by sharing some different types of silver that are available to the everyday investor, and then we’ll get into some of the pros and cons of each of them:

The two most popular Government silver coins are the US Silver Eagles which contain 1 troy ounce of fine silver, and the one ounce Canadian Maple leaf Silver Coins. The great thing about these coins is that they are very well recognized in the precious metal industry, especially in the US, but Worldwide as well. The problem with these coins is that you will pay a higher premium for that recognizability. A premium is a set cost that you will pay over the Spot price when you go to buy silver, and the spot price is the market price for an ounce of silver. When added together you will get your total cost per ounce. If your goal is to get the lowest cost per ounce, then maybe Silver Eagles and Maple leafs aren’t for you, but when it comes to recognizability these two coins are great.

What is the Best Silver Bullion to Buy?
These Silver rounds are by far our most popular at Quality Silver Bullion. They are called privately minted silver rounds because they are not minted in a Government Mint. Rounds do not have a monetary value stamped on them like Silver Eagles, but instead they have the weight in silver, and the words .999 fine silver stamped clearly on the round, which makes it very clear what the composition of the piece is. You do want to be careful which private mints you buy from to be sure that each silver bullion round is guaranteed to contain the correct amount of pure silver. One of the great things about silver rounds is that you will pay a much lower premium over the spot price, which essentially means that you can get more silver for your money. Silver rounds also come in fractional sizes as well which can be a great asset when it comes to liquidation and trade.

Silver bars come in a variety of sizes such as 5-oz, 10-oz, 100-oz, and even 1000-oz bars of pure .999 fine silver. The benefit to buying silver bars is that you can usually purchase them for a lower premium, but selling them is a different story. With what experts are saying, silver has the potential to reach $100 per ounce if not more. Imagine trying to liquidate a 100-oz or even a 1,000-oz bar, and trying to do it quickly. That is one reason one might choose to avoid large bars, or convert your bars to smaller bars or rounds.
Junk Silver is NOT by any means "junk", rather it’s a nickname we use for US Dimes, Quarters, and Half Dollars that were in circulation before 1965. Each half dollar, quarter, and dime with a date of 1964 or earlier is made of 90% silver. The nice thing about 90% coinage is that you have the silver broken down in smaller quantities. You can buy this junk silver in large bags but be sure you don’t pay a high premium for them. Because the US mint doesn’t make 90% change anymore and investors are hoarding it, this has slightly increased the going rate for junk silver. Another thing to be aware of is that even though the coins are 90% silver, it does not say "90% silver" anywhere on the coin; in a crunch, no one wants to explain to the car mechanic, grocer, or toilet paper salesman that it really is silver even though it’s just a quarter or a dime.

So we’ve talk about Government Silver Bullion coins, Silver Bullion Rounds, Silver Bars, and Junk Silver, and we hope it has helped a little bit with your decision to buy Silver. If you have any questions please contact us, and we hope to become your favorite mint!

Best Way to Buy Silver

When it comes to buying and investing in silver, people want to know the Best Way. While I do not pretend to know the Best Way to Buy Silver, I would like to share a tip about Dollar Cost Averaging and how it will level out your bullion investments.

One of the biggest difficulties of buying silver is knowing when to buy due to the volatility of the precious metal market. Dollar Cost Averaging is defined by Dictionary.com as, "a system of buying securities at regular intervals, using the same amount of cash for each purchase, over a considerable period of time regardless of the prevailing prices of the securities, resulting in having bought the total at an average cost." Translated to the Silver market, that means to buy what silver you can, with what money you have, on a regular schedule.

Look at the chart below to see all of the purchases that one customer has made with Quality Silver Bullion since 2009:

This customer has placed 15 separate orders for a total of 3075 ounces of silver. On a few of the orders they paid around $40 per ounce, but because they purchased on a regular basis, despite the fluctuating spot price, their average cost per ounce is just $22.99.

We at Quality Silver Bullion recommend that investors buy silver regularly with the money that they feel they can spare. Do not go into debt to buy silver, but buy it when you have the money to do so. Whether it is 5 ounces a week or 1000 ounce a month, the best way to buy silver is to Dollar Cost Average your investment.

Watch this video to see a quick explanation and example of Dollar Cost Averaging:

SILVER vs Fast Food

Ever wonder who would win in a battle between SILVER and Fast Food?? I bet you haven't, but we filmed the fight anyways! Come watch this messy battle of Silver vs Fast Food.

Why do we stage fights between Silver and everyday things? Well...because we like to break things, and to share with the World in a lighthearted way how silver has and will continue to be an excellent investment!

Click the link below to see the 1-oz Silver rounds that we mint...

Wanna Make Some Money?!

So Do I. If you are a expert counterfeiter, maybe we should get together. We could have a 10-10 relationship: 10 months of free and easy living - we could travel the world! - followed by a 10 year vacation at that prestigious destination, Ft. Leavenworth.

Ben Bernanke is in an enviable position. He can cause the U.S. Treasury to print all the funny money he wants and never see the inside of a jail cell. But he isn't making real money at all. The dollar, strictly speaking, is not money. It is simply a universally accepted medium of exchange. Everyone says it is money, so for everyone from the banker to the Salvation Army bell ringer, to the bank robber, it is money! But, that's the definition of money, right? -Money is whatever we say it is...right? Well, No, people who think that dollars are money are missing the mark; they are not even close.

The Federal Reserve was originally set up to regulate the money supply in the U.S. economy, but the Fed does not create money. This prestigious board of wise regulators (to use the word wise loosely) only recognizes the natural creation of money in the economy and adds paper bills, or Federal Reserve Notes, when that money has been created. In a sagging economy the Fed should withdraw dollars from the money supply when more money than is needed is changing hands. So in theory, the value of the dollar should generally stay the same. The evidence of real, genuine money occurs when Mr. Bernanke, spurred on by a money-crazed Administration, adds more dollars to the economy than is sustainable. Then people look around, see the influx of billions and billions of extra dollars, more than is needed to run the economy, and the value of each dollar decreases, with the terrible risk that a slide in the dollar's value becomes a slippery slope that gains momentum, until we have a condition called runaway inflation. Then prices become exorbitant, lending rates go through the roof, and savings and retirement accounts are suddenly worthless.

So if Federal Reserve Notes are not money, what is money, really, and how is it created or fabricated or conjured up?

Years ago my father and I had a small remodeling business. It consisted of the foreman, the man who had all the knowledge, and the gopher who kept the foreman supplied with materials and did all the mundane brainless work. That was me. We bought our materials from the lumber company, my father turned them into beautiful cabinets, with the help of Moi, and we both installed them for homeowners. The difference between the selling price of the job and cost of labor and materials was our profit. That profit margin was real money, it was intangible, but it was represented by an increase in dollars. The profit that we generated by our work never existed before! It was our creation. When a thriving national economy generates enough increased profits through good old fashioned work, more money is needed in the market place, so the Fed, through a complicated system of discount rates, which creates easy lending to Federal Reserve Banks, causes the Treasury to print more dollars.

Money is profit, or more accurately, money is stored up work. It represents the enterprising efforts of people, people who get up early, work all morning, eat a quick lunch, then work late to create security for the ones they love. Without work and profit there is no genuine money. When more money is pumped into the marketplace than is needed, inflation is always the result. And we are already there. Last year I bought some little chemical hand warmers at the check-out stand for about $1.50. There were six hand warmers in the pack. Last week I bought the same product for the same price. My confidence in the good old U.S.A. was bolstered, until I got home and opened the package. This time there were only four hand warmers, for the same price. That little example is being repeated silently by manufacturers all over the country. Click on http://www.lessformore.info/ and you will see a nifty, simple one-page site that gives some eye-opening examples.

Precious metals have traditionally been the choice of people wishing to create a hedge against inflation. Silver is a relatively rare metal when compared to, say, aluminum which is the most abundant metal on the planet. That is why silver has intrinsic value. As prices go up, silver prices rise ahead of the pack. As prices go down, silver prices decrease. But the buying power generally stays the same. If a one ounce silver coin buys three loaves of bread today, it will most likely buy three loaves of bread ten or twenty years from now, all other factors being equal, no matter what the price is. Buy as much silver as you can comfortably afford. Make your own money by working hard, and then protect the greatest investment you possess: your ability to produce!

-by QSB Staff Writer