Episode-262- The Long Term Value of Silver
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Today we discuss the investment value of silver and how it have maintained the value the dollar has lost since the US mint stopped making silver coins in 1964.
We also recognize Justin Holcom as the (hero of the day) for his creation of this video designed to promote the a Tea Party gathering.
Tune in as we discuss..
- What a silver quarter bought in 1964 and what that same silver quarter buys today
- Choosing between Eagles, Bars and Rounds
- The unique tax advantages of the silver eagle
- The recent “strong floor” for silver in the past 5 years
- Comparing the historical moves between gold and silver
- The advantage of possessing your investment
- How to calculate “melt value” of silver coins
- Investing as little as 5 bucks a month
- The ability to sell off small quantities as needed
- The huge advantage of “no paper trail” with small consumer purchases of silver
- The inheritance value of handing down silver from one generation to the next
Resources for today’s show…
- Members Support Brigade
- Join Our Forum
- Region Six Get Together
- Ready Made Resources – (sponsor of the day)
- Tea Party Silver – (sponsor of the day)
- Historical Gold and Silver Prices
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Here\’s the link:
http://www.republicanwomenoftrussville.org/media/An_American_Anthem.wmv
A good place I’ve done business with over the last 10 years for silver/gold is Bullion Direct. They charge 1% of the transaction to buy and another 1% to sell. Free storage of your metals. My family bought a sizable quantity of silver locally and paid way more than what they should have. I like doing local business…but I don’t like getting raped by somebody when I buy form them.
Hope this helps somebody.
So I bought some silver rounds from American Tea Party and had a fantastic idea that they would make outstanding gifts. (The actual “Tea Party” rounds) They will give me an opening to explain the “Prepper” point of view! Of course the conversation will start out with over taxation (and government over spending thats leading to it) then lead to how a person can become more self reliant and less dependent on government!
Why couldn’t we get a link to the video of Justin Holcom?
Great show Jack!