25 December 2011
What is bullion? Bullion is a mass of any one of the known precious metals. By strict definition, precious metals are metallic elements that are rare or uncommon. Bullion is usually made of either gold or silver. Its value is determined by the worth of the metal rather than by its face value as money. [...]
Posted in Coins and Bullions0 Comments
25 November 2011
Of all the precious metals silver has both the highest thermal and electrical conductivity. Below I’ve described some of the properties of this precious metal followed later by its most popular uses. Description Silver is usually described as a soft, white and lustrous metallic chemical element. It occurs naturally in its pure form; as an [...]
Posted in Gold and Silver0 Comments
20 November 2011
There are many different ways to invest in silver. Here I describe six methods: Buy silver bullion bars Buying silver bullion bars is the most traditional way of investing in silver. Silver bullion bars can be bought or sold over the counter in most banks in Switzerland. They may be stored in safe deposit boxes [...]
Posted in Ways of Investing in Silver0 Comments
15 November 2011
Only two of the three traditional coinage metals are considered precious metals. These are gold and silver. Gold and silver are rare metals with high economic value. These qualities can't be attributed to copper, the other traditional coinage metal. Occurring in nature in metallic form, these two precious metals can be produced without the use [...]
Posted in Gold and Silver0 Comments
25 October 2011
Back in 1967, the South African Mint Company introduced a gold bullion coin called the Krugerrand, with the intention of circulating it as currency. Its status as a legal tender was viewed as the best way to market South African gold around the world. Thirteen years after its introduction, this precious metal coin accounted for [...]
Posted in Coins and Bullions0 Comments
21 October 2011
The gold standard is defined as this: a monetary system in which the unit of currency used is a fixed quantity or weight of gold. Under this monetary system, all forms of money such as notes and bank deposits were freely converted into gold at the fixed price. One of the advantages of the gold [...]
Posted in Gold Standard0 Comments
