Tag Archives: save in gold and silver

How to Save in Gold and Silver

save-gold-silver

The reasons behind owning gold, silver, platinum and palladium should be well known to you by now, if you’ve read a few of our articles.

Parts of these reasons are historical, and timeless, such as gold and silver being the ultimate stores of wealth and purchasing power. Others are more current, such as the coming ramifications of central bank actions.

Keeping interest rates low by conjuring money out of thin air is not sustainable. Eventually, the excess pools of cash will leave bonds and treasuries and float out into the real world, resulting in significantly increased inflation rates. When this does happen, precious metals will see parabolic rises.

This may also be the time when the exchange prices for gold and silver finally diverge from physical prices. As we’ve noted before, there is a clear discrepancy between the demand for physical gold and silver bullion, and demand for paper gold and silver.

With the case for gold and silver still intact, what are the options for buyers?

There is always the possibility of buying silver bars, gold bars, silver coins and gold coins. All of these are good options, but for some buyers it won’t tick all of the boxes – because of convenience and risk reduction reasons.

With BullionStar.com you can utilize a gold and silver bar accumulation plan, by buying by the gram, incrementally increasing your holdings over a period of time – basically, save in gold and silver.

So why can an incremental, gold and silver savings plan be an attractive option?

First of all, it is very practical and convenient. Not all investors have the possibility of buying silver bars and gold bars, since the cost typically is high for these assets. Especially, when it comes to gold. By accumulating, or saving for, a full gold bar by the gram you don’t have to pay the full price all at once. This has many benefits which you shortly will see.

It also reduces your risk to use a gold and silver savings plan. By not putting the full amount of your ready capital at work all at once you are mitigating the price risk that you are taking, and “averaging into” your investment. Gold and silver prices have moved a lot lately and it’s difficult to time the market for any investor. Even professionals. A savings plan will easier allow you to, over time, get the most ounces for your fiat money.

It’s also prudent to buy gold and silver gradually since you reduce the risk you are taking when it comes to premiums. Whenever the market gets volatile, which it usually does when it drops, premiums will spike, making purchasing gold and silver bullion more expensive – at a time when you really would be interested in buying. You will therefore not necessarily pay a lower price just because the market has fallen. Utilizing a gold and silver accumulation plan will allow you to continuously buy into bullion, not having to worry about timing.

It’s furthermore, generally more cost effective to buy silver bars and gold bars, than buying coins individually.

There are other benefits with using BullionStar.com gold and silver savings plan such as the fact that once you’ve accumulated a full bar you will have 100% physical ownership, with the bar registration number in you own account.

You will also have fully insured and secure storage in Singapore. This means that you don’t have to worry about keeping your silver bars or gold bars at home, risking burglary, or at the bank. The bank may seem like a good place to keep you precious metals but they won’t be insured and, in a time of crisis similar to what we saw in Cyprus or during the 2008 financial crisis, gaining access to your holdings quickly may prove difficult.

Finally, should you wish to do so you are both able to take delivery of your gold and silver bars as well as deposit your own gold and silver bars. You always have 24/7 online access to your BullionStar.com storage account.

To find the cheapest silver bullion you should look at purchasing from for example Estonia where silver bullion is VAT free.

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Please click below to access the best bullion distributors

BullionStar.com Singapore – cheapest bullion

BullionStar.com Singapore

Singapore cheapest bullion: https://www.bullionstar.com/ and BullionStar review

Liberty Silver Estonia – cheapest bullion

Liberty Silver Estonia

Estonia cheapest bullion: https://www.libertysilver.ee/en/ and Liberty Silver Estonia review

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Gold and Silver Prices Dropping Again?

Are we starting to see the beginnings of gold and silver prices dropping again?

It sure does seem that way when looking at the charts for gold and silver. I have written about this earlier – that there is rarely a quick rebound after the kind of action we’ve seen in the markets recently. Prices slowly drifting lower for many months, then a sudden large drop usually means continued weakness. Also, the technical story is the only explanation. The excess stimulus from the worlds central banks is creating a strong appetite for risk since the risk free rate is so low. Money is flowing into stocks and real estate now. The spot, or exchange prices for gold and silver will suffer as a result of this.

Looking at the chart for gold we can see that the recovery, after the $200 drop, has started to loose some steam. We’re still not at a level where we are breaking through support but we seem to be heading that way.

gold-prices-dropping-again

The case is even more evident for silver prices.

silver-prices-dropping

With silver we’ve seem to have reached the breaking point this Friday when prices fell by over 4%. As you can see in the graph that puts silver in a very bad position. I wouldn’t be surprised if we saw prices falling further the coming week.

I believe that we will continue to see lower prices for a while for gold and silver but I wouldn’t wait to try to time a bottom myself. That’s close to impossible. Also, with each drop we’ve seen the premiums in the physical market for gold and silver bullion have spiked. That’s because there is an increased discrepancy between physical silver bullion and gold bullion prices – and the exchange prices.

So, what should you do whith gold and silver prices dropping?

The best way to handle this is to accumulate gold and silver continuously. That way you will ensure that you get the best average cost for your bullion.

Without a doubt – the prerequisites for gold and silver still are valid. Before we see the end of this bull cycle we’ll see a parabolic rise in prices similar to what we did in the 1970’s. Don’t try to get on that train when it’s already too late.

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Please click below to access the best bullion distributors

BullionStar.com Singapore – cheapest bullion

BullionStar.com Singapore

Singapore cheapest bullion: https://www.bullionstar.com/ and BullionStar review

Liberty Silver Estonia – cheapest bullion

Liberty Silver Estonia

Estonia cheapest bullion: https://www.libertysilver.ee/en/ and Liberty Silver Estonia review

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