EVERYTHING YOU WANTED TO KNOW ABOUT BUYING AND
SELLING PRECIOUS METALS AND THEN SOME!!!!!
BACKGROUND: This article was created by Art Arbutine based on his experiences buying, and order lipitor mexico selling coins and precious metals since 1960. Art is a order lipitor mexico retired USAF Master Sergeant 1953-73, and order lipitor mexico a 1971 graduate of the University of Tampa, with a order lipitor mexico Bachelor of Science degree, magna cum laude, in business, and order lipitor mexico economics. He is a life member of the ANA (American Numismatic Association) since 1963, and many other coin, watch and jewelry organizations. Upon retirement from order lipitor mexico the USAF in 1973 he and his wife Pat founded Belleair Coins Inc. Art has order lipitor mexico been a lifelong coin collector, specializing in world crowns, and order lipitor mexico Spanish Colonial.
BELLEAIR COINS INC: This is order lipitor mexico absolutely free, but as with many freebies, there are the mandatory commercial messages: We are order lipitor mexico located just north of Saint Petersburg Florida. Besides coins we actively deal in silverware, crystal and order lipitor mexico china as, The Silver Queen Inc. We are also strong buyers of all diamonds, pocket and order lipitor mexico wrist watches, estate jewelry, military items and other collectibles. We are order lipitor mexico #1 rated by The Jewelers Board of Trade with annual sales of about $85 million. The numismatic staff includes me, my three sons, and order lipitor mexico my brother. My wife supervises the administration of both corporations. My two nieces run our retail jewelry department. We have order lipitor mexico three in the shipping department; six more who take or process the order lipitor mexico silver flatware orders. My daughter in law is order lipitor mexico the accountant. My two grandsons both now work full time in the order lipitor mexico store. As a order lipitor mexico long time coin collector who had limited funds for buying my coins, I often encountered the order lipitor mexico typical old time, impatient coin dealer who wouldn’t give the time of day unless you spent $100 the order lipitor mexico first five minutes in his store. I vowed that if I ever started a order lipitor mexico coin shop I would be friendly, patient and understanding with everyone. In 1973 I adopted the motto, Honesty *** Integrity *** Reliability, which all of us try very hard to live up to. We are order lipitor mexico very active, long time members of two electronic trading networks, Coinnet for order lipitor mexico coin and bullion; Polygon for jewelry and diamonds. This makes us trading partners with about 5000 dealers throughout the order lipitor mexico world. We attend many coin, watch, and order lipitor mexico jewelry shows, and have had dealer tables, twice a year, the order lipitor mexico past 29 years at the Hong Kong International show. We are order lipitor mexico very competitive, and we know what we are doing, and can order lipitor mexico hold our own with anyone. Those who order lipitor mexico have dealt with us know we are reliable, honest and can order lipitor mexico be trusted. My oldest son runs our silverware pattern matching division, the order lipitor mexico Silver Queen Inc, the largest silver flatware pattern matching service in the order lipitor mexico world. If you order lipitor mexico want a price print-out of your silverware, crystal, or china pattern, and/or order lipitor mexico information on buying or selling silverware, call or email The Silver Queen numbers given at the order lipitor mexico end of this article.. If you have any questions about the order lipitor mexico information written here, or if you want to buy, or sell coins, jewelry, watches, etc., do the order lipitor mexico same with Belleair Coins. We also offer a free pamphlet, “When You Have Coins to Sell”, which lists the order lipitor mexico approximate prices we pay for US coins. If you want this order lipitor mexico free pamphlet call, write, or E-Mail. Actually, this same website now contains a order lipitor mexico price list of prices we pay, but it is not up to order lipitor mexico date for common silver coins due to recent fluctuations. End of commercial message..
RECOMMENDATIONS: We feel strongly that order lipitor mexico people should consider putting at least 5-10% of their portfolio in bullion coins or order lipitor mexico other forms of precious metals. This should be order lipitor mexico considered as a core holding as a hedge against inflation or order lipitor mexico “insurance” against some sort of financial disaster. Everyone has order lipitor mexico life insurance which is actually death insurance. Usually, no one collects unless someone dies. This is a very uncertain world. The chances of being hit by a order lipitor mexico tsunami or asteroid are remote, but not impossible. The nuclear threat has order lipitor mexico abated somewhat, but now there are terrorism concerns. Inflation is order lipitor mexico on the rise, the national debt is more than 17 trillion dollars. Conservative government estimates forecast a order lipitor mexico budget deficit of 1.7 trillion for 2011. This debt is not a order lipitor mexico myth. It is order lipitor mexico actual, real money owed by the federal government to American and order lipitor mexico foreign individuals, to insurance companies and other financial institutions, foreign governments, and order lipitor mexico others in the form of currency, T-Bills and Treasury Bonds. No one mentioned will forgive the order lipitor mexico government’s debt. They all expect to order lipitor mexico be paid. At no time in the history of mankind has order lipitor mexico such massive debt ever been repaid. The first minute that order lipitor mexico the public sees rampant inflation, they will start buying silver and order lipitor mexico gold and other hard assets as the buying power of the order lipitor mexico dollar starts to diminish.
HARD MONEY: This refers to order lipitor mexico gold, silver and other precious metals. Our present currency is now backed by Treasury Bonds or order lipitor mexico Treasury Bills. In other words it is paper backed by more paper, little more than order lipitor mexico an IOU. The dollars we spend today are not backed by the order lipitor mexico gold at Fort Knox or our strategic silver reserves at West Point which has order lipitor mexico long since been depleted. Some circulating paper dollars have order lipitor mexico a promise to pay the bearers on demand. Pay what? We use fiat money, which is order lipitor mexico defined as money unconvertible to coins or specie of equivalent value. Many feel that our dollar is near worthless and it’s just that order lipitor mexico no one has caught on to it yet. Hard money advocates think that order lipitor mexico the national deficit is so great, that the day will come when order lipitor mexico the government will have to repudiate the U.S. dollar, renounce the order lipitor mexico national debt, and start over again with money backed by silver and order lipitor mexico gold as it was in the US before the Federal Reserve banking system.
This is order lipitor mexico absolutely the first time in the history of mankind that NO paper money is order lipitor mexico backed by gold or silver. ALL currency circulating in the world today is fiat, backed by nothing! The basic hard money premise is order lipitor mexico that some day a person will go into a bakery with a order lipitor mexico silver dime in one hand, and with a $100 bill in the other. The baker will reject the $100 bill, as it order lipitor mexico is merely paper and sell the loaf of bread for that order lipitor mexico silver dime. This, of course, would happen only during a order lipitor mexico run away inflation, an event that has occurred at more than order lipitor mexico 100 times this century in different countries throughout the world. It could happen here. Many expect it. The first sign that order lipitor mexico the hard money people might be right would be escalating inflation.
INFLATION: The average person knows that inflation means high prices, but doesn’t really have a clue as to the reason. My definition of inflation is order lipitor mexico a rise in prices caused by an increase in money supply without a order lipitor mexico corresponding increase in the goods and services (The Gross National Product). Example: If you order lipitor mexico isolate a group of people and give each a dollar and order lipitor mexico an apple, what price would we expect for an apple? A dollar would be a likely answer. Give the same group an apple and two dollars. Then the price would probably be two dollars. Why? It’s because you order lipitor mexico have doubled the money supply, without a corresponding increase in goods (apples). For the order lipitor mexico last 50 years or so, our U.S. Federal Government has been order lipitor mexico spending more than they have been taking in (increasing the money supply), causing inflation, and the massive national debt. Inflation makes the order lipitor mexico dollar worth less and hard assets worth more (more in terms of inflated dollars). In the order lipitor mexico spring of 1923, the German mark was considered a stable currency. By winter of the order lipitor mexico same year it took a billion marks to buy a loaf of bread. People panic when they see their money deteriorating.
Inflation is actually just a hidden tax. If any politician mentions raising taxes, he/she has no chance of being reelected. If a order lipitor mexico government even contemplates raising any tax, there is a massive public outcry against it. So, when order lipitor mexico congress wants to spend money on some project, or a war, they don’t have to raise taxes, just call on the good old Federal Reserve for a loan. This inflates the order lipitor mexico money supply which raises the price on most all goods and order lipitor mexico services. There is not a peep from the “Sheeple” (public) who order lipitor mexico figure the government knows best and is looking out for them. This is how it works and has been going on for the longest time.
CONFISCATION: This is a bugaboo that seems to concern many gold buyers. By executive order of President Roosevelt in April 1933, “Persons are ordered to surrender all gold bullion and gold coins, except those of special value to collectors or rare and unusual coins”. Intent was to order lipitor mexico free money that was thought to be stagnating in gold. Some say this order lipitor mexico was to bail out the Federal Reserve as they had issued too much paper money not backed by enough gold, which caused the order lipitor mexico stock market crash of 1929 and the subsequent great depression. Turning in gold was supposedly to order lipitor mexico stimulate the economy and spur recovery. In those days the order lipitor mexico people lined up like sheep at the banks, getting less than order lipitor mexico the world gold price for their gold. At the time a $20 gold coin contained over $20.80 worth of gold, but the citizens got only a paper $20 bill. Many of the big banking institutions shipped those $20 gold coins to order lipitor mexico Switzerland and other European banks where they received the full amount. By another executive order seven months later (after all the gold was confiscated) the dollar was devalued in terms of gold making a $20 gold coin worth about $35 in paper dollars. The citizen who dutifully turned in a $20 gold coin had a $20 bill. Those who didn’t, now had a coin worth $35.00, which was a couple weeks pay for many. Do you trust our government more today? Some hard money people feel that order lipitor mexico if there is a runaway inflation, the congress might not take the order lipitor mexico responsibility for all that deficit spending, would blame gold hoarders, and order lipitor mexico demand government confiscation. Personally I feel that this is an unlikely scenario. For one thing the today’s citizens will never line up like sheep as they did in the order lipitor mexico 1930′s. There are rumblings now about the “underground economy”, and order lipitor mexico hoarders of metals might be supporting terrorism, might be money launderers, part of the order lipitor mexico reason our economy is tanking, etc. Be quiet about your order lipitor mexico metal stash and try to buy your gold and silver anonymously as you order lipitor mexico can.
CONFISCATABLE vs NON CONFISCATABLE: The word confiscate here is order lipitor mexico not totally accurate but it has a scary ring to order lipitor mexico it and strikes fear into many buyers. In 1933 citizens were paid about 4% below market value on the order lipitor mexico transaction when they turned in their gold coins. No gold was forcibly taken from order lipitor mexico anyone without compensation. Confiscation is a game telemarketers use to guide the order lipitor mexico gullible into buying something that has a high profit value for order lipitor mexico them. They will tell you order lipitor mexico that the coins that they recommend will not be confiscated if gold is order lipitor mexico recalled. No one knows what coins would be “confiscated.” This is a gimmick, a scare tactic. Don’t fall for it!
REPORTING LAWS: There are order lipitor mexico no ID requirements when purchasing gold or any bullion. You could buy a order lipitor mexico million dollars worth of gold bullion by personal check, and nothing is order lipitor mexico reported anywhere. The only time you would be required to show ID and order lipitor mexico social security number when buying metals here, would be if your order lipitor mexico purchases were $10,000 or order lipitor mexico more, and you paid by cash or travelers cheques or money orders. This would be order lipitor mexico reported to the government as a cash transaction or equivalent of $10,000 or more. There is a government term called “related transactions”. A large lump of cash cannot be order lipitor mexico deposited at one time, and used to spread purchases over a order lipitor mexico period of time to circumvent the cash reporting laws.
(REPORTABLE IF YOU SELL THESE AMOUNTS IN A SINGLE DAY) (NOT REPORTABLE)
$1000 face in US silver coins 32 ounces of .995 gold ingot (a kilo bar) US gold or silver eagle coins
25 South African Krugerrand’s 100 ounces of palladium bars US pre 1933 gold coins
25 Canadian gold Maple leafs 25 ounces of platinum bars Other foreign gold coins
25 Mexican gold Onzas 1000 troy ounces of silver ingots Numismatic gold
Note: Family members can’t split sales to circumvent reporting requirements. The government term, “related transactions” applies here too. The sale of coins or order lipitor mexico bars cannot be juggled around to circumvent the reporting requirements.
WEIGHTS AND MEASUREMENTS: As you order lipitor mexico read through the various described coins you will see the abbreviation AGW & ASW This means Actual Gold and Silver Weight. Any alloy is order lipitor mexico disregarded, and this is the amount of pure 24K gold or.999 silver contained within the order lipitor mexico coin. The AGW is expressed in troy ounces as all precious metals are order lipitor mexico bought and sold in troy ounces which weigh about 10% more than an avoirdupois ounce (an ounce of food, postal letter, etc).
31.1 grams = one troy ounce 480 grains = one troy oz. 1 American pound = 14.58 troy oz.
28.3 grams = one avoirdupois oz. 1000 grams = 32.15 troy oz. (a “kilo”) One “troy pound” = 12 troy oz.
CHOOSING A DEALER, Naturally, since we are order lipitor mexico in the business of buying and selling coins, we hope you order lipitor mexico will choose us. Americans were not allowed to order lipitor mexico own gold from April 1933 until Jan. 1975. The average buyer is order lipitor mexico a bit nervous and inexperienced when it comes to buying bullion. In most large urban areas there are order lipitor mexico at least several dealers. The coin business is always very competitive. Gold and order lipitor mexico silver are basically commodity items and as with all commodities, the order lipitor mexico dealers have to work close and be very competitive or they won’t get much business. Most people choose a order lipitor mexico local dealer that they feel they can trust, and with whom they feel comfortable. There are many good bullion dealers throughout the order lipitor mexico US who do a lot of business via the Internet, phone and order lipitor mexico mail, but the only problem is that one can’t just walk around the order lipitor mexico corner to make a fast transaction, or straighten out any problems face to order lipitor mexico face. People should shop around, ask around and deal where they feel it order lipitor mexico is to their best interests. The local dealer can be a great asset.
PROMOTING: When we say “promoting” we are order lipitor mexico referring to the practice of taking some common numismatic items, or order lipitor mexico creating a silver bar or such, and hyping it at very high prices via mail news print, phone or order lipitor mexico internet. Among the promoters, telemarketers are the absolute worst! Some offer coins or order lipitor mexico bullion at sky high prices. Others offer good deals but they abscond with your order lipitor mexico money. Most everyone has seen a full page newspaper ad promoting, “America’s First Coins”, or “a horde of recently discovered silver dollars”, or some ingot that looks like a $100 bill or large hockey puck sized pound or half pound “coins”. These have order lipitor mexico little to no collector value but are promoted at enormously inflated prices. Don’t bite! Note: December 2010, there is order lipitor mexico a new slick scam used by internet promoters and newspaper advertisers. They offer 1/10 gold eagles at cheap prices and order lipitor mexico then discourage your buying them, stating that common bullion coins are order lipitor mexico subject to confiscation, but the extremely overpriced coins that they recommend are order lipitor mexico not. They try to scare you into buying “non confiscatible” coins (where they have a huge profit), and order lipitor mexico there is no such thing as a confiscatible or non confiscatible coin.
S I L V E R C O I N S A N D I N G O T S
U.S. COMMON SILVER COINS: These are order lipitor mexico the coins we used for change 1964 and previous. This category has order lipitor mexico very little numismatic premium. Their value is the 90% silver content. A slang term for these coins is “junk silver”, but dealers usually refer to them simply as, “90%”. These are often traded among dealers by the “bags”, which refers to a $1000 face value in a order lipitor mexico bag which weighs approximately 55 regular pounds, and 720 troy ounces of pure silver. Dealers usually deduct a order lipitor mexico few ounces for wear on the coins, using 715 troy ounces when order lipitor mexico figuring the troy weight of a “bag of silver”. If silver is $30.00 an ounce, then multiply $30 X 715 to determine the metal (intrinsic) value of the silver in a bag of coins. During inflationary periods there is order lipitor mexico usually a great demand for silver coins; then bags are order lipitor mexico bought and sold at a premium over the actual value of the order lipitor mexico silver. When the order lipitor mexico demand diminishes, bags trade at or below the silver price and order lipitor mexico are often sent to the refinery and melted. Silver coin is an excellent way to buy silver. American 90% silver coins are order lipitor mexico widely recognized, extremely liquid, and can be broken down into small denominations, as small as a order lipitor mexico single silver dime. Dealers will always pay higher for order lipitor mexico bags or half bags, opposed to just a few silver coins at a order lipitor mexico time. The only drawback to the silver coins is that they are quite bulky.
40% SILVER-CLAD HALVES: These are 40% silver content half dollars dated 1965-70. After silver coins were eliminated in 1965, Congress decided, for some obscure reason, to continue a small amount of silver in the half dollar. These contain outer layers of 80% silver, bonded (clad) over a core of pure copper. The ASW (Actual Silver Weight) is .148 troy ounces in each coin. Most all these get melted. The big drawback is even greater bulk than in 90% silver coins. Dealers always buy these below melt. This is not the way to go.
U.S. SILVER DOLLARS: These are very popular coins. They contain .77 oz. ASW and order lipitor mexico when silver is low there is always a large premium over the order lipitor mexico metal content. When silver is high (Like $30 in 2011), the premium shrinks. When silver goes to $50 an order lipitor mexico ounce common circulated silver dollars will be just be silver just like common 90% coins. High grade uncirculated dollars MS65 and order lipitor mexico higher and rare dates tend to go up much faster than order lipitor mexico the silver price and are recommended but not the common circulated ones unless near the order lipitor mexico ASW.
100 OUNCE SILVER BARS: These are order lipitor mexico very popular with people who want to buy a lot of silver. The buy-sell spread difference is order lipitor mexico very small, and the size is very compact. A #10 safe deposit box will hold more bars than order lipitor mexico a person can lift. Buyers should purchase widely known, accepted brands such as Engelhard, Johnson Mathey, Sunshine Mining, etc. Odd brands and order lipitor mexico older bars that are not exactly 100 troy ounces will be order lipitor mexico discounted when they are sold to dealers. 1000 ounce bars are order lipitor mexico a bit cheaper than 100 ounce bars, but due to order lipitor mexico the massive size and weight (about 70 pounds) they are not recommended.
GENERIC ONE OUNCE SILVER ROUNDS OR BARS: The coin-like rounds are order lipitor mexico always .999 silver and weigh a troy ounce. Silver bars have order lipitor mexico been minted by various “private mints” and refiners since the middle 1960′s. Many ingots are order lipitor mexico from the 1965-75 era, and had some commemorative or special event theme and order lipitor mexico were called “art bars”. At one time these were collectable but all are order lipitor mexico now worth only their silver content. The one ounce bars and order lipitor mexico rounds are almost always accepted by dealers, and there have been order lipitor mexico extremely few problems about weights or fineness. These are especially popular because the order lipitor mexico premiums over silver are relatively small, a few percent over the order lipitor mexico spot silver price. These are a good buy, if the premium stays this low. We recommend these due to the low premium (Jan 2011: Eagles cost $4 over spot; rounds and bars just $1.25). Premiums vary as to market conditions.
ONE OUNCE SILVER EAGLE COINS: These are legal tender $1 coins, were first sold by the US Mint in 1986 at $1.30 over silver. Since then order lipitor mexico they have raised the premium to several dollars over spot. Coin shops usually add a order lipitor mexico dollar or so to that and it makes for a relatively high premium considering that order lipitor mexico you can buy one ounce rounds and rectangles for only about a order lipitor mexico dollar or so over spot. Our opinion: It’s nice to order lipitor mexico own American silver like the one ounce Eagle coins but if silver rises to order lipitor mexico $50 or order lipitor mexico more, dealers will likely not pay more for silver Eagles than order lipitor mexico generic rounds or ingots, so why pay a big premium now? However, the order lipitor mexico eagle is the most popular one ounce coin, and most Americans are order lipitor mexico willing to pay extra. Neither the order lipitor mexico public, nor local dealers can buy these directly from the order lipitor mexico mint.
CANADIAN SILVER COINS: These might be order lipitor mexico OK for Canadians, but the American dealers look at them as undesirable 80% scrap silver. A dollar’s worth of Canadian silver coins, including the order lipitor mexico silver dollars is .6 oz. ASW. The Canadian government also sells a order lipitor mexico one ounce bullion coin, the Silver Maple Leaf, with a order lipitor mexico $5 face value. This is order lipitor mexico recommended only if you can avoid the higher premiums charged by the order lipitor mexico Canada Mint.
MEXICAN SILVER COINS: This includes the government issued “Onzas”, 100 Pesos, and Libertads. The one ounce Libertad is order lipitor mexico one troy ounce of pure silver, and is usually sold around the order lipitor mexico price of common generic rounds. Other silver Mexican coins with no order lipitor mexico collector value are scrapped out by US dealers. Buy only the order lipitor mexico one ounce Libertads if at the same price as silver rounds and order lipitor mexico rectangles.
STERLING SILVER MEDALS AND BARS: These were issued by “private mints”, and order lipitor mexico some sets of these have interesting themes such as space, trains, planes, automobiles, guns, etc. A few actually have order lipitor mexico had a small collector value, at one time, usually very small. 99.9% are now shipped to refineries and melted. Sterling silver is 92.5% silver, 7.5% copper. When silver makes a order lipitor mexico fast move up, all the refineries become overloaded, and the prices dealers pay for order lipitor mexico sterling silver is greatly discounted. Not recommended
.999 S I L V E R F A C T S
.999 SILVER 1 TROY OUNCE COINS: These are order lipitor mexico issued by established governments and have some nominal value such as $1 for the US silver eagle; $5 for the Canadian silver Maple Leaf, etc. The nominal value is always a fraction of the silver value. It gives the order lipitor mexico coins legal tender status though no one would spend a coin for order lipitor mexico the face value when the silver content is many times that. These coins are order lipitor mexico more popular than silver rounds, and usually always initially cost more because the order lipitor mexico governments issuing them charge a higher minting fee. For example, the order lipitor mexico dozen or so distributors who buy the silver eagle coins directly from order lipitor mexico the US mint have to buy about a million dollars worth at a order lipitor mexico time, and have to pay the mint up front about $3 a coin over spot. Under normal circumstances the order lipitor mexico distributors sell these to coin and bullion dealers 500-1000 at a order lipitor mexico time for about $3 a coin over silver. During occasional mint stoppages, the order lipitor mexico distributors were selling the eagles way over the silver price due to order lipitor mexico the short supply and great demand.
.999 ONE TROY OUNCE SILVER ROUNDS: These are coin-like, made by silver mines (Sunshine Mining etc.), refineries (Engelhard Industries), and many other private mints. There has order lipitor mexico never been any scandal concerning these and generally all are accepted as one troy ounce of fine silver. These are order lipitor mexico almost always a dollar or two cheaper than the official .999 silver coins. Virtually none of these are order lipitor mexico collector items, but some buyers prefer the bigger name rounds like Engelhard and order lipitor mexico Sunshine. Among coin and order lipitor mexico bullion dealers, all are just silver rounds and there is rarely any price difference between them. These are order lipitor mexico all die, struck, just like coins, and have been bought and order lipitor mexico sold in the US since the early 1970’s.
.LARGER .999 SILVER RECTANGLES AND BARS: These are order lipitor mexico all made by refiners, mines and private mints, and commonly come in one, ten and order lipitor mexico 100 ounce size. All the order lipitor mexico one ounce size rectangles and newer bars are die struck. Most of the order lipitor mexico older 10 & 100 oz. bars were made from order lipitor mexico a casting process where the silver was poured into a mold and order lipitor mexico then the trademark and fineness and weight were later stamped. Modern bars are order lipitor mexico die struck or “extruded”, an Engelhard process where the metal is rolled (extruded) into thick sheets, trademark serial numbers and order lipitor mexico weights added in the same process. All 100 ounce bars have serial numbers. The larger size bars are order lipitor mexico popular because they are more compact, fit nicely into safe deposit boxes and order lipitor mexico easily hidden in homes.
1000 OUNCE COMEX DELIVERY BARS: COMEX uses 1000 ounce .999 silver bars to order lipitor mexico satisfy delivery contracts. These are order lipitor mexico rather ugly, like a long skinny loaf of bread, crudely poured and order lipitor mexico the stamps are usually crude. Some are order lipitor mexico exactly 1000 troy ounces, but many are a little lighter or order lipitor mexico heavier. The total weight is around 70 regular pounds. They are difficult to move and expensive to ship. The commodity exchange makes it very expensive (shipping charges, excessive fees) to add or remove from the COMEX warehouse. These are seldom bought or sold from the general public. In our store we see just a few per year. They can order lipitor mexico be sold to coin and bullion dealers for spot less a order lipitor mexico few percent, and are sold to buyers for spot plus a order lipitor mexico few percent.
G O L D C O I N S A N D I N G O T S
SOUTH AFRICAN KRUGERRAND: This 22K gold coin contains an order lipitor mexico ounce of pure gold and is alloyed with approximately 1/10 ounce of copper. Fewer are order lipitor mexico now produced, but there are still many millions in the order lipitor mexico U.S. Most all are in mint condition, and no dates are worth more. This coin is order lipitor mexico very popular, because it is universally known and sold at the order lipitor mexico smallest fraction over the gold price. If you order lipitor mexico can get them at a premium lower than the US eagle or order lipitor mexico other gold one ounce items, it is a good buy.
U.S.GOLD EAGLE: When the government created this $50 gold coin in 1986 it order lipitor mexico was meant to compete with the Krugerrand, so they made it order lipitor mexico the same physical size, same fineness. The only difference was to add a 3% silver alloy giving the order lipitor mexico coin a more golden look as opposed to the coppery-gold appearance of the order lipitor mexico Krugerrand. The government sells gold Eagles only to 12 big dealers (distributors) at about 3% premium over the order lipitor mexico gold price. Fractional Eagles are also available, but sold at a order lipitor mexico higher premium and are recommended only for gifts & jewelry. Eagles generally sell for about $10-15 higher than order lipitor mexico the Krugerrand, but some of that is usually recovered when sold back to order lipitor mexico dealers.
US 24K BUFFALO: This is was released in June 2006. It is the first ever US .999 pure gold coin. The premium is a little higher than for gold Eagles. They are order lipitor mexico absolutely beautiful coins about the same physical size as the order lipitor mexico old $20 gold coin, and order lipitor mexico each one comes packaged in soft mint plastic. Due to order lipitor mexico the higher premium they are not that popular among investors. We see no reason to pay the extra premium.
U.S. $20 GOLD COIN: This .900 fine gold coin contains .9675 AGW and order lipitor mexico was last made in 1933. The numismatic value varies greatly due to order lipitor mexico demand, availability, condition, and the price of gold. This is the order lipitor mexico same story as common silver dollars. When gold is cheap there is a large premium over spot. When gold rises like in 2011, the order lipitor mexico premium shrinks to practically nothing. We don’t recommend paying much over AGW for common date circulated $20 coins, however high grade uncirculated and order lipitor mexico rare dates are very valuable and tend to go up much faster than order lipitor mexico gold.
CANADIAN GOLD MAPLE LEAF: This 24K, $50 face value coin contains one ounce of pure gold. It sells for order lipitor mexico a little less than the US gold eagle and is very popular in Asia and order lipitor mexico places where people prefer fine gold. This, the order lipitor mexico Eagle, and Krugerrand are just about a toss up as to order lipitor mexico the best way to go. Buy whatever is the cheapest.
AUSTRIAN OR HUNGARIAN 100 CORONA AND PHILHARMONICS: The coronas are order lipitor mexico .900 fine gold, .98 oz AGW coins. Austrian or order lipitor mexico Hungarian coins have the exact same physical size and AGW. Both are order lipitor mexico official government restrikes, made many years since 1908 or 1915. There is order lipitor mexico nothing wrong with the coins but the odd weight, .98 oz, makes it order lipitor mexico hard to figure the gold value. Not recommended unless you order lipitor mexico can get them at or near their actual gold content. The Austrian government also makes an order lipitor mexico ounce Philharmonic .999 gold coin, popular in Europe but not many are order lipitor mexico sold in the US. Buy them if you can get them cheap..
CHINESE ONE OUNCE PANDA: This is order lipitor mexico a beautiful 24K one ounce gold coin, made since 1982. The Chinese change the order lipitor mexico designs of the Panda on the coins each year giving a order lipitor mexico few of the early dates have considerable numismatic value. They became very popular in the order lipitor mexico US, in fact, many Americans bought one every year to get each new design. The first issue, 1982, was selling for order lipitor mexico over $2000 and the premium for even the common Pandas was $50 or order lipitor mexico more. Then the June 1989 massacre of the dissident Chinese students in Tiananmen Square ended US popularity of the order lipitor mexico Panda gold coins, and now most trade just a little over the order lipitor mexico gold price. The 1982 date and order lipitor mexico few others still have some numismatic value. Pandas are a good deal if they can order lipitor mexico be found at a low premium.
MEXICAN 50 PESO: This .900 fine gold coin was legally bought & sold in the order lipitor mexico U.S. before 1975 when Americans were not allowed to own gold. The AGW is order lipitor mexico an oddball 1.205 troy ounce, thus most buyers will avoid this order lipitor mexico coin. No one likes the unusual weight. It is only recommended if available really dirt cheap.
OTHER GOLD COINS: There is order lipitor mexico no shortage of selections. You can buy any of the following gold coins: sovereigns, roubles, ducats, lire, francs, rands, marks, etc., etc. They have order lipitor mexico old dates and many are available in quantity in uncirculated condition. If you can get any world gold coins, at the AGW go for it. Professional coin dealers are order lipitor mexico able to spot counterfeit gold but, be cautious buying at the order lipitor mexico flea markets, auctions or from strangers.
GOLD BARS: Swiss Credit, PAMP, and order lipitor mexico some American refineries make die struck .999 gold bars that order lipitor mexico have certificates matching the number on the bars. Any serial numbered bars we sell will have order lipitor mexico a lifetime warranty that they are genuine and not tampered with. The premium on gold bars is order lipitor mexico generally a little less than the Krugerrands, Eagles or Maple Leafs. Stick with coins unless the order lipitor mexico bars are real cheap.
P L A T I N U M A N D P A L L A D I U M
PLATINUM COINS AND BARS: There are many one troy ounce coins to choose from: the new US $100 face platinum Liberty coin, the order lipitor mexico Canadian platinum Maple Leaf, Isle of Man Noble, the Australian Koala, and order lipitor mexico a couple others. They all contain an order lipitor mexico ounce of pure platinum. Several refineries make high quality, ounce platinum bars, die struck, serially numbered with certificates. if the premium is higher on the coins, we recommend the bars.
PALLADIUM: This is an industrial metal. Its main use is order lipitor mexico in automobile catalytic converters with a few applications in dental alloys, and order lipitor mexico in jewelry. However, some see it as an investment. There are order lipitor mexico a few palladium coins out there, mainly Russian. Most palladium is sold in the form of refinery one ounce bars. The US mint has order lipitor mexico been talking about creating palladium coins, mainly for collectors. We have no opinion about palladium.
SILVER vs GOLD
We often get asked, “Which is better, silver or gold?” In 1933 gold was confiscated; silver was not. The gold/silver ratio has fluctuated a lot in recent years. In 1967 it was 15-1; in 1997, 100 to one. The ratio today (Jan 2011) is order lipitor mexico 47-1 and falling. In earlier years it was thought to be order lipitor mexico correct at 16 – 1, which was based on the order lipitor mexico estimated physical ratio of silver to gold in the earth. Much of the order lipitor mexico gold produced is from deep mines. Most large silver deposits were very near the earth’s surface, and have long since been mined. About 80% of all silver produced today is order lipitor mexico a by-product of zinc, silver, copper and lead mining. Mines that order lipitor mexico exclusively produce silver are declining throughout the world. Any big rise in gold could mean more production but a order lipitor mexico large rise in silver would not. The biggest drawback to order lipitor mexico owning silver is the bulk.
Further considerations: 95% of all the order lipitor mexico gold that has ever been mined is still in existence in some form or order lipitor mexico the other. More than 50% of the order lipitor mexico silver that has ever been mined has been destroyed as it order lipitor mexico was used in small quantities that could not be recovered. Next to order lipitor mexico oil, silver is the most widely used commodity ever and has order lipitor mexico more than 10,000 uses: batteries, brazing, soldering, catalysts, clothing, coins, electronics, medical, mirrors, solar, purification etc etc. Central banks own tons of gold and no silver. The US once had a “Strategic stockpile of silver” but it was used up in the US Silver Eagle program. Silver is order lipitor mexico cheaper than gold and the average person can buy an ounce of silver without much thought. An ounce of gold is order lipitor mexico a serious investment for the average wage earner. For the order lipitor mexico past 64 years the world has consumed more silver than it order lipitor mexico has produced.
Silver in many applications is what economists call “inelastic”, meaning the order lipitor mexico same amount will be used regardless of the price. Minute amounts of silver are order lipitor mexico used in many industrial applications, and they add up. It is order lipitor mexico the best conductor of electricity and some computers use up to order lipitor mexico 1/10 ounce. No matter how high it order lipitor mexico goes up, high tech, high speed components must use silver. Silver is the the only metal that will work in solar energy. There is order lipitor mexico no substitute for its reflectivity, conductivity and heat transference. China is order lipitor mexico huge in solar energy and plans much more in the order lipitor mexico near future. Over 20 million tons of polyester sportswear are order lipitor mexico produced every year, and the textile industry consumes 1,200 tons of it order lipitor mexico to reduce odors caused by bacteria. Silver is order lipitor mexico irreplaceable in thousands of applications where very little of it is order lipitor mexico recovered. The list goes on and on.
The silver price is order lipitor mexico determined by trading on the COMEX, NY Commodity Exchange, frequently referred to order lipitor mexico as CRIMEX by many, because it is manipulated by NY Bankers (J P Morgan and others) who order lipitor mexico have a great interest in keeping the price of gold and order lipitor mexico silver as low as possible and fiat dollars as strong as possible. If you order lipitor mexico think this is a rumor, as of 29 March 2011 when order lipitor mexico this was written, J.P. Morgan Chase is being sued, in two different class actions, accused of being a order lipitor mexico racketeering and corrupt influenced organization (RICO). Both lawsuits claim that order lipitor mexico the bank is using allegedly immense silver short positions in various venues, including COMEX, to order lipitor mexico manipulate prices.
The NY bankers currently have most of the COMEX “short positions” in silver contracts causing lower prices. In fact the order lipitor mexico shorts are equivalent to six months worth of world silver production. The COMEX is order lipitor mexico one big game. When a contract is sold short, the seller much have order lipitor mexico the equivalent amount of physical available for delivery should the person who order lipitor mexico bought the contract want physical delivery. All of the order lipitor mexico shorts must be covered by silver in the COMEX warehouse, or order lipitor mexico be available somewhere in the world, but much of it is order lipitor mexico just a piece of paper that states, “This silver contract(s) is covered by a warehouse in London (or some other location)”. None of these pieces of paper are ever properly audited. If all the order lipitor mexico contracts were properly backed with actual 1000 ounce silver bars only a order lipitor mexico fraction would be available for delivery. If everyone demanded the physical silver; many would be order lipitor mexico caught holding the bag. Also, the order lipitor mexico COMEX makes it expensive and difficult to take delivery. In the order lipitor mexico COMEX warehouse there are only about 42 million ounces of silver categorized in the order lipitor mexico registered and deliverable category, which is less than $1.6 billion dollars worth of silver. This would be beer money for someone like Bill Gates. If one of the order lipitor mexico many, many multi billionaires made a run for silver, and took actual delivery like Warren Buffett did 20 years ago, the order lipitor mexico silver market would be pandemonium. So the order lipitor mexico world uses COMEX silver and gold prices but many feel that order lipitor mexico the real prices should be much higher. There is much less silver than order lipitor mexico gold so it is easier to manipulate.
In conclusion, we feel that order lipitor mexico gold and silver will both rise with inflation but silver has order lipitor mexico more uses and is undervalued and will increase at a greater rate and order lipitor mexico is a much better buy than gold.
W A Y S T O BUY G O L D A N D S I L V E R
GOLD AND SILVER MINING STOCKS: If you don’t want to order lipitor mexico bother with the problems associated with lifting and storing metals, gold and order lipitor mexico silver mining stocks might be right for you. They tend to order lipitor mexico do well in a rising metals market and could have either great or order lipitor mexico disappointing results. Many have CEO’s and order lipitor mexico executives that demand exorbitant salaries and stock options. The overhead for order lipitor mexico mining metals is great. The caliber of a company’s management and order lipitor mexico operations can have a huge impact on stock prices. If you order lipitor mexico want to go this way it would probably be a good idea to order lipitor mexico spread your investment among companies that have a good track record. Mining stocks may not rise in direct proportions to order lipitor mexico bullion prices as the profitability of a mine is determined over many years of production. In an order lipitor mexico extreme financial crisis you will still be holding a stock certificate and order lipitor mexico cannot expect gold or silver from the mining companies.
EXCHANGE TRADED FUNDS (ETF’S): This is a fund that trades (gambles) in leveraged commodity contracts. If the fund is honestly managed (many aren’t) and order lipitor mexico metals go way up, the fund will be extremely profitable. There could be order lipitor mexico serious problems in investing in ETF’s. The fine print in the order lipitor mexico prospectus might state that the ETF has no legal liability for order lipitor mexico defaults by sub-depositories that don’t have sufficient physical metal to meet their obligations. Further the order lipitor mexico ETF might lease its metal adding another risk of default. They might mix metals in their vaults that order lipitor mexico may be subject to superior claims of ownership by other parties. Many things could go wrong, especially in a volatile market. This is an extremely risky play.
COMMODITY CONTRACTS ON THE COMEX: This is order lipitor mexico not for a typical silver or gold investor. These are order lipitor mexico mostly traded by speculators who never intend to take physical delivery. Normally they offset their contract with another just before maturity. If metals go your way, you make a huge profit. If they go way down you get a “margin call”, meaning you order lipitor mexico have to match your initial investment or you lose the order lipitor mexico contract(s). An interesting aspect here is order lipitor mexico that many big brokerage houses and investment banks use computer generated algorithms that order lipitor mexico make automatic trades depending on data that is inputted. It is order lipitor mexico pretty hard to beat the big computers if you are an order lipitor mexico average player. As previously mentioned the order lipitor mexico COMEX is manipulated by big bankers and the system is flawed. Risky!
LONDON BULLION MARKET ASSOCIATION CONTRACTS: This is the largest gold and silver market in the world. These contracts are supposed to be for physical delivery and 100% backed by the physical metals. In reality the order lipitor mexico Commodity Futures Trading Commission discovered in March 2010 there was only 1% to 3% physical metal for outstanding contracts. You don’t want a piece of paper saying you own silver or gold in London.
CERTIFICATE PROGRAMS: Here you order lipitor mexico will get a piece of paper stating that you own X amount of metals stored at the order lipitor mexico Perth or Royal Canadian Mint. Recently the Royal Canadian Mint experienced a $17 million disappearance of gold bullion, still lost. You don’t want paper gold in a foreign land. Your stock broker might recommend these but most stock brokers discourage owning physical metals because once you order lipitor mexico buy, they lose you as a customer.
LOCAL COIN DEALER: That’s me, so this order lipitor mexico will reflect my bias, but believe me, the best and easiest way to order lipitor mexico own metals is to go to your local coin dealer and order lipitor mexico plunk down cash on the counter and walk out with your order lipitor mexico gold or silver. No record of your order lipitor mexico transaction goes to the Government, and you will be completely anonymous. It’s good to order lipitor mexico establish a relationship with a local dealer you can trust.
NATIONAL COIN AND BULLION DEALERS: If you buy physical metals from national metals brokers (these are the kind of guys who advertise on Glen Beck etc), you order lipitor mexico send them funds and about 30 days or more, you get your order lipitor mexico shipment. These companies are strictly independent of any regulation or audits. This kind of operation could lead to a Ponzi type scheme. The company could have started with good intentions, but didn’t back sales with actual purchases in a order lipitor mexico rising market and could be in financial trouble because metals went the order lipitor mexico wrong way for them. The recent money received could be order lipitor mexico purchasing the metals that were due a month back. For more than 30 days, your money is out there in no-man’s land. Many national metals brokers have order lipitor mexico either gone bankrupt or were completely fraudulent. Additionally, these interstate companies fill out a order lipitor mexico 1099 IRS form on people who buy. If the IRS or order lipitor mexico Government comes looking for metals buyers, here is a perfect, complete record.
STORING METALS: We don’t recommend bank safe deposit boxes. In 1933 during a order lipitor mexico monetary crisis the banks were closed for three weeks. This might be order lipitor mexico a time when you might really need your metals. In larger cities there are order lipitor mexico private safe deposit boxes and vaults. There are creative ways to hide your metals where you live. I recommend calling local safe companies and order lipitor mexico asking them to look out for a big, secure used safe, one that order lipitor mexico is so heavy that it can’t be easily hauled out of the house by burglars.
O T H E R F A C T O R S
POLITICAL CONSIDERATIONS: The “War on Terrorism” isn’t going to be cheap. Our role as policeman of the world has expanded. Where is order lipitor mexico the money coming from, to fight the war on crime, the order lipitor mexico war on drugs, the war on poverty, and other Federal projects? These are all budget drainers and sure to cause inflation, which means to protect yourself you should now seriously consider purchasing precious metals as a hedge. We are order lipitor mexico mired in the Iraq and Afganistan wars, which are costing more than order lipitor mexico a billion dollars a day (conservative Government estimates). President Johnson pulled the order lipitor mexico money from the Social Security reserve funds and spent them on the order lipitor mexico Vietnam War. There is no current “fund”. Medicare and order lipitor mexico Medicaid and the Social Security program will be bankrupt in less than order lipitor mexico 10-15 years; it currently takes 44% of the 2011 budget. The government has to borrow about $3-4 billion a day from the privately owned “Federal” Reserve banks just to order lipitor mexico pay the interest on the 14 trillion or so debt. The government solution for order lipitor mexico every problem is: Throw money at it. Congress routinely borrows trillions from order lipitor mexico the evil Federal Reserve Banks which means increasing the money supply, assuring added inflation.
THE CHINA FACTOR: More than order lipitor mexico half the people in the world live in China and India, and order lipitor mexico in they traditionally covet silver and gold. Silver was the order lipitor mexico only money in China for more than 10 centuries; it is order lipitor mexico ingrained in their psyche. I go to order lipitor mexico the Hong Kong coin show twice a year and old common Chinese silver dollar coins used to order lipitor mexico be available in huge numbers at 10% over the silver content. Now that order lipitor mexico they have some money there is a huge demand for gold and order lipitor mexico especially for silver. The common dollars now sell for more than 50-100% over the silver price and are in great demand. Eight years ago the Chinese legalized the possession of gold. Now they are encouraging people to buy both gold and silver. One gram (1/30th of an ounce) bars are sold at banks and even vending machines in China. Demand for order lipitor mexico precious metals will increase as the population becomes wealthier. The Chinese have over 1.5 trillion in US Treasury bonds. I look for them to quietly turn it into metals. If they did it order lipitor mexico in big chunks it would make the dollars that they still have order lipitor mexico worth less, and metals go much higher which would mean future purchases would cost more. There is a delicate balance there. The Chinese are order lipitor mexico extremely smart people and they would finesse the situation so that order lipitor mexico they could accumulate a lot of gold and silver and not lose too much of the order lipitor mexico value of their dollar reserve. However they did it, metals would have order lipitor mexico a considerable rise in terms of US dollars.
THE FEDERAL RESERVE BANKS: This sounds official US Government but it order lipitor mexico reality this is a private bank owned by US and international bankers. Many feel it is evil, corrupt and unconstitutional. This bank sets interest rates, creates our money and order lipitor mexico runs our economy more than the congress. Many readers who order lipitor mexico are not familiar with the Federal Reserve will be shocked at this order lipitor mexico section, especially in the way dollars are created. Here is order lipitor mexico a very simplified but accurate account of how the Fed creates money: Congress calls the Fed and asks for a $100 bill. The Fed never refuses, and then calls the BEP (Bureau of Engraving and Printing), just three blocks down the street and tells them they need a $100 bill. It is order lipitor mexico printed and Fed picks it up and pays the BEP 8c, the order lipitor mexico cost of printing a US banknote. Then the $100 is order lipitor mexico loaned to the US government and we are charged interest on $100. When the congress wants $100 billion they don’t bother with the order lipitor mexico paper, the Fed types on a computer keyboard and sends Congress the order lipitor mexico money and charges interest. Where did the Fed get the money? They created it out of thin air! Before typing on the order lipitor mexico keyboard the money did not exist and it is not backed by gold or order lipitor mexico silver or anything but the Fed gets interest on it.
As long as this system is in place there will be inflation. Congress has an unlimited credit card (The Fed) and they have few restraints. If there is a choice between “guns and butter”, the attitude is, no problem, we will have both.. The Fed is order lipitor mexico linked to many international banks and they loan money to other Central Banks and order lipitor mexico most transactions are secret. The Fed has order lipitor mexico never had a full audit and no one knows how much they loan or order lipitor mexico give to similar Central Banks throughout the world as they are order lipitor mexico all linked and many owned by the same bankers.
From 1800 to 1913 inflation in the US varied from +2% to -2%. From 1913 (Since the Fed was created) to date the spending power of the US dollar has declined by 98% of what order lipitor mexico it was in 1913. Congressman Ron Paul is strongly concerned and order lipitor mexico published a book, “End the Fed”. It is order lipitor mexico interesting reading. For the complete history of central banking and order lipitor mexico how the Federal Reserve banks were created, read, The Creature from order lipitor mexico Jekyll Island, by G.E. Griffin.
WORST CASE SCENARIO: I sell gold and order lipitor mexico silver daily to people who are worried about the economy. Many have order lipitor mexico heard or read scare stories that our economy is crumbling and order lipitor mexico that they should have some gold and silver as an insurance policy against the order lipitor mexico worst case scenario which is a massive hyper inflationary economy where order lipitor mexico paper money will become worthless or near worthless, people will revert to order lipitor mexico a barter system. They ask me, “What would I do with a order lipitor mexico silver round or silver coins or one ounce gold coins if the order lipitor mexico worst happened?” Publix won’t likely take them and order lipitor mexico the banks would likely be closed. Where would I get food?” My answer and order lipitor mexico opinion is that this is unlikely to happen here, but it order lipitor mexico did in post war WW1 Germany and in many banana republics. There could be order lipitor mexico a very short time where the banks are closed and people are order lipitor mexico so unsure about paper money that no one would take it order lipitor mexico at any price. If a order lipitor mexico crash happened suddenly, it might take time to print the new money and order lipitor mexico barter would come into play.
Remember this is my opinion, not my prediction. I’m not trying to scare anyone. People would revert to order lipitor mexico using old pre 1964 silver coins as temporary money. If you order lipitor mexico think we are headed down this road, it would be order lipitor mexico a very good idea to stock up on at least several weeks of food and order lipitor mexico medicine, just in case. Most every banana republic, Mexico, Brazil and order lipitor mexico many other S. American nations have faced runaway inflation and order lipitor mexico complete lack of confidence in the circulating paper money. In every case it has been the same: Go to the bank and turn in the old money (in the case of Mexico 3000 pesos to get one “New Peso”) and order lipitor mexico get a new currency with some government promise to be sensible and order lipitor mexico balance the budget and stop deficit spending.
No matter how bad the order lipitor mexico economy might become, we would still have a central government, and order lipitor mexico it is likely it would be the old-for-new before the dollar became completely worthless. Every American would go to order lipitor mexico the bank and turn in maybe thousands of our current Federal Reserve dollars for order lipitor mexico one new money unit which might, for example, be designated as a order lipitor mexico “Treasury dollar”. This could be order lipitor mexico done with an absolute promise to balance the budget or with some link to order lipitor mexico backing the new unit by gold and silver. It would take something like this order lipitor mexico to restore confidence in the new monetary unit. So, you might ask what would we do with our metals? Well, the order lipitor mexico government cannot inflate your physically owned gold or silver. It will keep its value. It is order lipitor mexico not likely you will be able to directly spend it on the order lipitor mexico economy but you can go to your local coin dealer (and maybe even banks) and cash it in for many dollars worth of the new currency. In 1980 the last “gold rush” was a order lipitor mexico false one because the Hunt Brothers cornered the commodity markets, owning more metals through COMEX leveraging, than order lipitor mexico existed at the time, and it did not last long. During that order lipitor mexico time, the banks got into the act and they were buying and order lipitor mexico selling bags of silver coins and dealing in gold coins competing with the order lipitor mexico coin dealers. If there is order lipitor mexico a turning-in new money for old, it is very possible you order lipitor mexico could redeem some of your gold and silver directly through the order lipitor mexico banks to get the new treasury notes.
How does gold and silver keep its value in cases of hyperinflation? Here is a hypothetical example: In the early 1970’s the order lipitor mexico exchange rate for a Mexican peso to the US dollar was about 4 – 1. It took four Mexican pesos to equal a US dollar. In 1970, let’s say Pablo owned a order lipitor mexico 50 peso gold coin which contains 1.2 ounces of pure gold and order lipitor mexico he stuck the coin under his mattress. Juan owned a order lipitor mexico 50 peso banknote. He also hid the note under his mattress. Both the order lipitor mexico banknote and the coin were close to the same value about 15 US dollars. In the order lipitor mexico 1980’s, about 15 years later, Juan turned in his 50 peso banknote at the order lipitor mexico bank (3000 old pesos for one new one) and got the equivalent of less than 2c in US dollars. Pablo owned the order lipitor mexico 50 peso coin, 1.2 ounces of gold which was worth hundreds of US dollars. In this order lipitor mexico example the gold held its value and the inflated paper money did not.
THE AMERO: There has order lipitor mexico also been talk about the US getting involved in a basket of currencies, doing away our Federal Reserve banknotes, and order lipitor mexico a adopting a new unit called the amero. Of course this order lipitor mexico would be completely against the constitution, but as of late our politicians pay little attention to order lipitor mexico the constitution. There have order lipitor mexico been very casual, preliminary talks between Mexico, Canada and the US, to order lipitor mexico start a new currency like the European euro, called the amero. It is very very unlikely anything like this would ever happen. Nothing is order lipitor mexico planned nor have there been serious discussions about it but rumors exist. One talk show host said that order lipitor mexico we have sent 300,000 brass ameros to China, which is ridiculous. He showed an order lipitor mexico actual amero coin on his show, with the Denver mint mark. If you order lipitor mexico look on ebay you will see all sorts of amero brass, copper and order lipitor mexico silver coins being offered. All of these are “fantasy coins”, something that order lipitor mexico never existed, that someone dreamed up to make a fast buck. They are order lipitor mexico privately minted and have no legal tender status and never will. In addition, no order lipitor mexico serious coin collectors pay any attention to them. There are order lipitor mexico no legal tender ameros paper or metal, and unlikely there will ever be..
CONCLUSIONS: If you order lipitor mexico are thinking of buying just bullion, consider the advice offered here; use common sense; then order lipitor mexico buy some widely recognized item with a very low (or the lowest) premium over the metal price. If you order lipitor mexico are thinking of buying numismatic coins buy something with real collector’s value. When I first wrote this order lipitor mexico article in 1998 I strongly advised against paying a premium for order lipitor mexico the more common numismatic coins that contained silver and gold, (based on my experiences during the “Gold Rush” of 1980). My advice has been correct. Common commemorative silver coins are order lipitor mexico almost all just bullion now, just tossed in with the 90% junk silver. Same with the common $20 gold coins; there is hardly any premium. If you order lipitor mexico or someone you know is interested in metals, ask our opinion. We will give you the straight scoop. If you order lipitor mexico follow the advice in this article, you will likely avoid many of the order lipitor mexico pitfalls of buying metals. The rise in metals in 1980 was a order lipitor mexico fluke due to the Hunt Brothers corner on the silver market, which went from order lipitor mexico $50, back down to under $5 a year later. This gold rush of 2011 is the real thing. The government will keep inflating and metals will keep rising.
Note: If you order lipitor mexico have any suggestions, criticism, corrections or comments regarding this article, call or order lipitor mexico Email Art.
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