Web Page Builder

Bitcoin Suisse launches precious metals trading for BTC and ETH

Special Event For Leaders & Aspiring Top Earners

Build Real Wealth with Gold and Silver.  Work directly with the industry's top earners.  Get access to a proven million-dollar (done-for-you) marketing system.

Silver coins, like the minted coins circulated in the United States and other countries prior to 1965, were made of 90% silver and 10% copper. The American Silver Eagle and the Mexican Silver Libertad bullion coins, introduced in 1986 and 1982 respectively, were made of 99.9% silver and 0.1% copper. Other notable silver bullion coins include the Australian Silver Kookaburra, Chinese Silver Panda, and the Russian George the Victorious. Four of them, in fact - silver, gold, platinum, and palladium -, are minted into coins or cast into ingots and traded on commodity markets. All four are assigned the ISO 4217 currency code. Hence, the role of precious metals as investments, on top of their practical use, drives the demand for them. For thousands of years, precious metals have demanded prices that are much higher than those of common industrial metals, such as nickel (about 36 cents per troy ounce) and copper (about 11 cents per troy ounce). Currency or coinage (as in silver bullion). The principal sources of silver are copper, lead, zinc and gold ores. It also occurs in the minerals chlorargyrite and argentite. Of course, silver occurs natively, too. Some of the top silver-producing countries in the world are the United States, Canada, Peru, and Mexico. Investing in gold is a way of protecting against crises that may be brought about by economic or political instability or by social unrest. There are at least six ways of investing in gold: Buying gold coins: This is the most popular way of investing in gold. Gold bullion coins are typically priced based on their weight; a premium is added to the gold spot price. There are three placer mining methods used to mine placer gold: Gold Panning: This method, which involves the use of a pan, is the oldest and simplest way to extract gold from a placer deposit. In this method, mined ore is placed in a large pan (made either of plastic or metal) and poured with a liberal amount of water; it is then agitated. Also by providing a fixed pattern of exchange rates, the gold standard may effectively lessen uncertainty in international trade. As to its disadvantage, the gold standard may make monetary policy ineffective in stabilizing the economy in the event of a general slowdown in economic activity. This is likely, as many economists fear, since under the gold standard the supply of gold would be the exclusive determinant to the amount of money. 

Share This Page