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How To Invest In Gold And Silver Bullion, The Best Way To Invest In Gold And Silver Bullion, The Ample Advantages And Disadvantages Of Investing In Gold And Silver Bullion, And The Criteria For How To Determine If A Cryptocurrency Warrants The Inve

How To Invest In Gold And Silver Bullion, The Best Way To Invest In Gold And Silver Bullion, The Ample Advantages And Disadvantages Of Investing In Gold And Silver Bullion, And The Criteria For How To Determine If A Cryptocurrency Warrants The Inve

          
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About the Book

This essay sheds light on how to invest in gold and silver bullion, identifies the utmost best way to invest in gold and silver billion, and also elucidates the ample advantages and disadvantages of investing in gold and silver bullion. The criteria for how to determine if a cryptocurrency warrants the investment and the myriad of advantages and disadvantages of investing in cryptocurrencies are also explicated in this essay. Moreover, the cornucopia of risks of investing in cryptocurrencies and the types of companies with infinitesimally low profit margins that you should avoid investing are identified in this essay. Furthermore, how low profit margins can wreak havoc a business, the formula for generating wealth that can prudently forecast the future profitability outlook of a corporation, and how to apply the formula for generating wealth to ascertain if buying shares of equity in a company is a prudent investment is delineated in this essay. Additionally, unconventional investment strategies for how to afford to retire prematurely without ever having to be an employee of a company are identified and how to earn substantial money online to be able to afford to invest in ample financial markets in the digital era is meticulously expounded upon in this essay. There are a copious amount of ways to invest in gold and silver bullion that extend buying gold and silver bullion bullion coins from a reputable local jeweler and paying a hefty broker fee amid the sales transaction. When investing in gold And silver bullion coins, it is ill advised to "buy fractional bullion coins, pay more than a 5%-8% markup over spot price for the bullion coins, nor buy bullion coins using leverage" (Frick, 2011). Additionally, when buying gold and silver bullion coins, it is unwise to "buy from a cold caller over the phone, procure bullion coins for their historical values, and succumb to paying a premium for proof edition bullion coins" (Frick, 2011). It is also imprudent to "buy bullion coins based on confiscation scares. While it is true that in 1933 President Roosevelt issued an order to collect gold from individuals who resided in the US because the bank panics of that year and other factors that were draining the Federal Reserve's gold supply, the US is no longer on the gold-based currency standard and has not utilized the gold standard since 1971. Moreover, the limit on gold ownership in the US was repealed in 1974. So notwithstanding the paranoia-laden pitches of some salesmen and radio hosts, there is no danger of gold confiscation. The confiscation sales pitch" (Frick, 2011) is simply a clever marketing ploy to impetuously entice you to invest in buying gold bullion out of irrational trepidation even though the possibility of a gold confiscation transpiring in the future is highly unlikely. Gold and silver bullion coins are the currencies of the past and are becoming less desirable by currency investors over other types of currencies, such as cryptocurrencies, since gold and silver bullion coins are unlikely to be the currencies of the future. Some of the dealers recommended to buy Gold And Silver Bullion coins from are subsumed under "the Mint's authorized purchasers which are presumably trusted by the Mint" (Frick, 2011). Some of the "Mint's authorized purchasers encompass MTB, CNT, Fidelitrade, APMEX, Dillon Gage, Prudential Securities, and Jack Hunt. Dillon Gage for instance, a wholesale precious metals firm, has a minimum order of $5,000. The dealer ships everywhere in the US for a flat $25 fee; the markup is 7%. Another distributor of bullion coins, MTB, sells primarily to wholesalers, but individuals can buy from the company, too. It charges 4.5% over the spot price. There's no minimum purchase, but there is a minimum commission of $25" (Frick, 2011). By buying gold and silver bullion coins directly from "the Mint's authorized purchasers: (Frick, 2011), it is unlikely that the bullion coins you procure will be synthetic .


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Product Details
  • ISBN-13: 9798613550364
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 254 mm
  • No of Pages: 122
  • Spine Width: 7 mm
  • Width: 203 mm
  • ISBN-10: 8613550363
  • Publisher Date: 13 Feb 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 258 gr


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