2008 was a very kind year for many gold and silver investors, and 2009 seems to be following suit for these first few months, with silver having recently broken the fifteen dollar mark. This certainly explains why the metal is becoming a more and more popular option amongst American investors.

While this is great news, it has also resulted in the recent decision by the US Mint to suspend not only their twenty dollar gold pieces, as you may already know, but several gold and silver coins and even a number of platinum and palladium investment pieces. (more…)

Article 1, Section 8, Clause 5 of the Constitution of the United States of America grants Congress the “power to coin money” and Article 1, Section 10, Clause 1 specifies that “No state shall… coin money: emit Bills of Credit; make anything but gold and silver coin a Tender in Payment of Debt.”

The Constitution clearly states that money is to be coined and that only gold and silver coin (I.E. real money) is a tender in payment of debt. Note that Congress was granted the power only to coin money, not to print it. They were granted the power to borrow money, not to loan it.

Silver characterizes all six aspects of real money. It is divisible, durable, convenient, consistent, and has utility value, and cannot be created by fiat. Silver is used as a medium of exchange and as a store of value. It is indispensable, has tangible value, and is in limited supply. (more…)

Article 1, Section 8, Clause 5 of the Constitution of the United States of America grants Congress the “power to coin money” and Article 1, Section 10, Clause 1 specifies that “No state shall… coin money: emit Bills of Credit; make anything but gold and silver coin a Tender in Payment of Debt.”

The Constitution clearly states that money is to be coined and that only gold and silver coin (I.E. real money) is a tender in payment of debt. Note that Congress was granted the power only to coin money, not to print it. They were granted the power to borrow money, not to loan it. (more…)

I believe investing in Silver Dollar Coins is a great idea right now as there does not appear to be any decrease in site to the national deficit and so long as that continues to climb through crazy government spending, the dollar will continue to fall. The famous Ron Paul suggests up to a 2,000% increase in the value of silver and I think a great, low cost way to hedge your bets is by buying silver dollar coins.

The most popular silver dollar coin in the world is the American Silver Eagle. The Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the 1 troy oz denomination which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by the United States Congress and its weight and content is certified by the United States Mint. I prefer to buy these certified and graded but you can also purchase them as bullion coins. (more…)

This weeks showing for the precious metal prices came as a surprise to, probably, nobody. All four metals, gold, silver, platinum and palladium are continuing along the trends that they’ve been going on for awhile now: gradual positive growth with a few healthy spikes now and then. Silver breaking the fourteen-dollar an ounce mark may be the best news, alongside gold having four consecutive days of growth.

All in all, this is a good time to hold precious metal coins, and indeed, precious metals, period. Whether you choose precious metal coins or you prefer bars, they seem to be the strongest way of forming a foundation for your financial independence in light of this recession. (more…)

One thing to understand about precious metals especially gold and silver is that when deficits increase, a country’s currency decreases and precious metal values increase. In some countries we are already seeing them go to a precious metals standard where currency is deemed absolutely worthless.

So how do you determine the right silver coin prices for buying and or selling? Well, the biggest factor is determining which type of silver coin you are after. Are you wishing to simply acquire more silver via bullion coins or are you wanting to add in the potential increase in value from purchasing numismatic or collectible coins. A bullion coin is simply worth it’s weight in silver or gold where a collectible coin has an intrinsic value that is affected by, but not totally, the going rate of silver or gold. (more…)

Another strong month for gold and silver prices, with gold sticking around the nine hundred dollar range and silver piercing fourteen dollars an ounce.

Now more than ever, it’s simply a good idea to hold some gold and silver investments. Gold and silver prices are high right now, and all evidence points to the probability that they have yet to peak.

The gold and silver investors who chose to begin investing in the metals a few years ago, before the recession was made “official” are experiencing quite a nice profit on their investments, but even those who were a little late to catch the gold rush are patting themselves on the back all the same. (more…)

For those who lost money in the stock market over the last two years in the aftermath of the banking and real estate debacles, the prospect of investing again can be somewhat frightening. Of course this assumes that we have money left to invest! For the sake of argument, we will assume you do.

In addition to their homes, most Americans have increasingly invested in the stock market. While many of them may have researched in detail the companies they selected, the reality is that most did not and that many individuals did little more than invest in a piece of paper labeled stock. That being said, why not invest in something tangible that has passed the test of time and been used in countless cultures and eras? (more…)