A Quick Flashback: Although coins have been produced for more than 2,600 years, coin collecting as we know it today only began in the 1300s. The project came to be known as “the hobby of kings” and was compared to collecting works of art. Around 1817, the U.S. Mint began issuing proofs in this manner….
Category: Silver Collectibles
The Inflation Hedge: What About Silver?
The inflationary gloom has some positive aspects, and silver may be one of them for some investors. Check for the Price of silver to shop for bullion products at a competitive prices. There are many reasons why people invest in precious metals. These include the historical value, industrial uses, and scarcity of these metals….
Drain of Major Physical Silver Inventories Continue
On Monday, October 3rd, 2022 silver saw a gain of nearly 9%, which registered as the highest daily gain for silver since November of 2008. The months of October/November in 2008 also registered as the bottom for silver hovering around $10 USD per/oz. From that spike in November, silver gained 400% over the next two…
Historic review of Silver
Historically, silver has been regarded as a precious metal. Many bullion coins contain silver metal, sometimes in addition to gold. Beginning in 3000 BC, a focused effort was made to mine silver. The first complex processing techniques were developed by the ancient Chaldeans (present-day Turkey) about 2500 BC to extract silver from lead-silver ores….
What is meant by trading Silver Futures?
A silver exchange-traded fund (ETF) mainly invests in hard silver assets, which are held in trust by the fund manager or custodian. The objective of silver ETFs is to closely follow the spot price of silver on the open market. Silver price fluctuations will affect these ETFs’ NAVs. An ETF for silver’s investment is…
