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Showing posts with the label #silver coins

Should Millennials Care About Gold & Silver?

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The general consensus I have seen following the gold and silver markets is that historically these markets have appealed mostly to the Boomer generation and most people under 50 (or for sure under 40) did not really care about gold and silver too much. That seems logical. Most people under 50 have never lived under a monetary system based on gold or silver. They may know that some old US coins ( pre 1965 ) were made with silver, but it is likely they have never gotten one in change in their entire lives. The rise of technology over the last 30-40 years means that most under 50 know a lot more about cell phones, tablets, and perhaps Bitcoin than they do about gold and silver. They have lived a lifetime so far without that mattering too much. It just seemed like gold and silver are something the old folks may care about, but why would anyone under 50? It's been a fair question for the younger crowd to ask. In this post I will offer three reasons why they should care and (in some case...

Understanding the US Mint

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If you are new to the world of gold and silver coins, you may wonder if the US Mint is a good place to buy some coins. The US Mint does offer a selection of both gold and silver coins annually and they come with the advantage of being backed for authenticity, weight, and purity by the US government. Also, they provide updated sales figures for gold and silver coins that can be useful information for potential buyers  ( find bullion coin sales totals here ). One thing that can be confusing is that the US Mint offers a variety of different versions of their standard gold and silver coins. The basic bullion coins offered every year are the gold and silver eagles and the gold buffalo coins. You can see examples of the various bullion coins offered here . Unfortunately, you cannot directly buy these bullion coins from the US Mint. The bullion coins (the least expensive versions of the coins) are only sold by the US Mint to a group of authorized purchasers . These purchasers are large ...

Is Silver A Key to the Future?

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The recent news about a potential attempt to squeeze the price of silver higher has attracted the interest of millions of people who may be new to the precious metals markets and in particular the silver market. The purpose of this blog will be to provide fundamental educational resources to learn about these markets and their longer term prospects. Having followed these markets now nearly 20 years, I have learned that having a solid basic educational foundation is important to anyone who may be thinking about investing in this market sector. It is not the purpose of this blog to offer investment advice in any way.  Basically, as we follow these markets, we will look for the highest quality information sources to provide readers here with the tools to better evaluate the precious metals market sector and therefore be in a better position to make personal decisions in the months and years ahead as they consider where to allocate their investment capital.  Since silver has been ...