Silver Snow Ball
A lot of people are convinced that investing in precious metals is a good idea. They know that they hold true value and will preserve their wealth over time, but they do not actually know how to go about investing in silver or gold.
There are lots of different methods to invest in silver and gold. Many prefer to purchase stocks of mining companies that deal in precious metals. Others rather go for purchasing the metals as a commodity, invest in mutual funds or ETFs. The most reliable way that experts advise people to go for is investing in real silver and gold – bullion and coins.
The reason for this is because a lot of these different methods are insecure and do not actually provide you with what you are looking for – preservation of value and wealth. Why is that – on the 16th of June the COMEX reported that silver inventories held are 119.5 million ounces. On the 24th of June, that is just 6 trading days later the total inventories had fallen to 114,9 million ounces. This amounts to a 4.6 million ounce total decline.
On the 24th of June, the COMEX silver market reported more than 137 thousand open contracts. Calculating the amount with 5,000 ounces per contract, this actually means that commodity contract sellers owed more than 685 million ounces of silver at the maturity date of the contracts. The COMEX warehouse inventories cover no more than 17% of all the silver owed.
Imagine if all contract owners wanted their silver delivered? It was not there! Even if one fifth of the contract holders did so, it would still not be sufficient. This is the main reason why funds, ETFs and other paper assets, even when based on precious metals are not a good investment choice!
Buying physical silver however is not an easy task sometimes. Finding a reputable coin or bullion dealer might turn out to be an obstacle. There are a few things one should do and learn before getting involved with investing in silver. First one is to go to a bank or a reputable coin dealer and buy 1 coin. No matter what the price is. You should examine the coin in details – the shine, the weight, the image on it – and get familiar with it.
Another important thing is to learn how to store these coins. Most of them are pure 0.999 silver and they should not be touched with hands or left outside a capsule. Humidity is also important.
Once you know what exactly you are buying you can search for alternative ways to get coins. The best method I would recommend is Silver Snow Ball.
Silver Snow Ball is an affiliate program that allows you to purchase coins below spot price! What you need to do is sign up and purchase one coin every month. It will be delivered to your door every month! This provides you with the opportunity to spread the word about this wonderful opportunity to family, friends and even use your marketing skills to recruit strangers. As soon as someone starts buying coins from your link you will receive half a coin for each coin that he or she buys.
So, if you refer one person, this means that you will be getting half a coin every month and for 1 year you will get 6 free coins delivered to your door!
The more people you refer, the cheaper you get your silver coins. Spreading the word about silver and helping others make informed investment decisions pay you!
So don’t miss, join Silver Snow Ball right now!
The coins I receive from Silver Snow Ball come regularly as a clockwork. This is perfect!
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