Today we are going to look at various forms of holding metals as a hedge against other investments. Many times metals are considered a hedge against inflation. They certainly can be such but I find that to be to limiting. Metals can do well in an up economy or a down economy and they can also at times go flat and down, they are only one piece of your investments but a critical one you need to get right. Today we will also look at metals beyond gold and silver, such as rare earth and even base metals.
Join me today as we discuss…
- The simple case of the 1964 quarter
- What is a “spot price”
- Why metals always sell above spot especially in a refined form
- Common forms of physical silver and gold
- Investment bullion
- “Coin” and “junk”
- ETFs
- Mining Stocks
- Jewelry as an investment
- Silver (look for STERLING, STER or .925) – 6 Nickles
- Gold Percentages
- 8K is .333
- 10K is .416 – .417
- 14K is .583 -.585
- 18K is .750
- 22K is .916
- Avoid Gold marked in this manner
- 1/20 14K
- 14K P
- 14K HGEP
- 14K EP
- 14K GF
- Other Metals to consider
- Platinum
- Palladium
- Tantalum
- Copper
- Lithium
- Consider you use metals to provide insurance for
- Hyper inflation
- Typical inflation
- Total collapse
- Successful Economies
- Metals
- Most large dealers are safe to buy from
- eBay is safe if you stick to established sellers or small buys
- Coin shops are good to buy from with cash anonymously
- ETF and paper assets can be bought with an online brokerage account
- Jewelry is best bought from individuals not shops, flea markets, pawn shops
- Storing your physical metals
- Safe deposit boxes (good, bad and ugly)
- Home safes and fire boxes
- Private storage facilities
- Free Lakota Silver Bank
- Wearing some on your person
Resources for Today’s Show
- Members Support Brigade
- TSP Gear Shop
- Join Our Forum
- Western Botanicals – (sponsor of the day)
- Ready Made Resources – (sponsor of the day)
- Members Support Brigade
- Ron Hood’s Survival.com Magazine
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