GainesvilleCoins.com today sent me an email with a title “GainesvilleCoins.com – International Customer Notification”.
^ Screen captured from GainesvilleCoins.com’s email notification 28th Sept 2011
The recent sell off must have been really ugly for GainesvilleCoins.com to come up with such unfavorable policy. GainesvilleCoins.com is highly recommended by National Inflation Association for their wide varieties of product and fair margin price.
What type of investor are you? Are you only keen in buying the cheapest silver bullion bar you can get or your are keen in the latest Perth Mint’s Lunar dragon? Do you hunt for limited edition silver coin? -or do you glue yourself to silver price chart all day long like a hawk?
There are two types of physical silver investor. They are namely The Bullion Investor and The Collector. Today we will discuss the difference between them.
The Bullion Investor’s Behaviour
Buy more of silver bars
Interested only in the value of silver.
Buy high silver content bullion. At least .999 finest and above.
Buying and selling based on COMEX silver price.
Design of the bar does not matter at all.
Are usually less emotional on their silver portfolio.
Last week was a bloodbath. Gold fell from high of USD1900/oz to USD1657/oz while Silver fell from high of USD42/oz to about USD30/oz.
It all started with Operation Twist 2. A cleverly engineered “economy rescue plan” by Federal Reserved’s Chairman. Last Thursday, Mr. Ben Bernanke announced Federal Reserved’s plan to sell off $400 billion worth of short-term debt and using it to purchase $400 billion of long-term Treasury bonds. This is “rescue” idea of keeping low interest rate for many years to come. [Read more →]
Dear all readers, InvestSilverMalaysia.com is undergoing a site upgrade. We are upgrading the server to improve this blog. This site may not be accessible for the next 1 to 2 days. Please bear with us.