25 October 2011
Bullion is a mass of any one of the known precious metals. By strict definition, precious metals are those metallic elements that are rare. Bullion is commonly made of either gold or silver. Its value is determined by the worth of the metal rather than by its face value as money. To put it another [...]
Posted in Coins and Bullions105 Comments
25 October 2011
Silver is generally described as a soft, white, lustrous metallic chemical element. It occurs naturally in its pure form, as an alloy with other metallic elements (especially gold), and in chlorargyrite and other minerals. As one of three coinage metals (the other two being copper and gold), silver is very malleable and ductile. Of the [...]
Posted in Gold and Silver72 Comments
25 October 2011
Silver is like three other precious metals (gold, palladium, and platinum) in terms of being regarded as an investment commodity. In fact, this precious metal has been regarded as a form of currency and a store of value for over four centuries. There are different ways by which one may invest in silver. Six are [...]
Posted in Ways of Investing in Silver80 Comments
25 October 2011
Four transition metals make up group 11 of the periodic table of elements. All, except one, are considered traditional coinage metals. Qualifying this further, only two of these three traditional coinage metals are considered precious metals. These are gold and silver. Gold and silver are rare and have high economic values. These things can’t be [...]
Posted in Gold and Silver70 Comments
25 October 2011
There are thirty-three known bullion coins in the world. Of these, 5 are made of platinum, 1 of palladium, 9 of silver, and 18 of gold. And of all these precious metal coins, the South African gold bullion coin Krugerrand is perhaps the most popular. In 1967, the South African Mint Company introduced the Krugerrand, [...]
Posted in Coins and Bullions80 Comments
25 October 2011
The gold standard is defined in many different reference materials as a monetary system in which the unit of currency used is a fixed quantity or weight of gold. Under this system, all forms of money, including notes and bank deposits, were freely converted into gold at the fixed price. There are three known kinds [...]
Posted in Gold Standard53 Comments
