Questions tagged [silver]

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votes
2answers
347 views

If Canadian silver coins are worth their value in precious metal/face value, why do the mints sell them for many times their worth?

I was recently taking a look at the the new Zodiac silver coin series of the Canadian Mint. For each Zodiac sign silver coin, the number minted is 5500 coins. their face value is 3 $CAD , 99.99% ...
2
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3answers
292 views

Cost of carrying precious metals in portfolio

Recently, I have decided to diversify my portfolio into some precious metals. However, I found out that the cost of holding gold and silver is really high. The website I was trying to buy from ...
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2answers
200 views

Buying gold/silver bullion internationally

My understanding is that gold and silver have a set value at any given point, but I've been told that it's possible to buy it cheaper in other countries, specifically China. I can believe this for ...
4
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2answers
211 views

Can individual investors buy precious metals at the spot price?

I'm learning about investing in precious metals. I know that when you buy gold or silver bullion from a dealer, you typically pay the dealer a commission above the spot price. I'm working from an ...
3
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2answers
4k views

What are the differences between gold/siver “coin” vs. “round”?

There two types of silver (and gold) in the market available: silver coin and silver round. I am looking answers for this two questions. What are the main difference between them, and advantages of ...
14
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7answers
2k views

Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns?

For my retirement savings, my strategy is to buy a decent amount of silver (8% of my salary, roughly 1 month) every year to put away in coin form. I am currently investing in nothing else for the long ...
0
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1answer
248 views

How to calculate micro lot leverage?

For these gold and silver products http://www.fxdd.com/us/en/products/metals/, how many micro lots are required so a penny move is worth a dollar? How much leverage does that equal? I've traded ...
5
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3answers
6k views

How does a mint determine the face value of precious metal coins and what does it mean?

If one were to look at silver/gold proof coins that are minted by/for/on behalf of the government, one could see that some coins would bear a face value, such as the 1/2 oz $25 American Eagle gold ...
5
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3answers
2k views

Is buying or selling goods for gold or silver considered taxable?

Is buying / selling goods for gold / silver taxable? If yes, what's the rationale behind this?
2
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2answers
160 views

Buying silver in China

Here in China, the national bank allows one to buy silver on something called RMB/SLV market. I'm given a bid and ask: at the moment both are around 5.7 RMB. I'd like to buy some silver, but I don't ...
3
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1answer
998 views

What is the correlation between silver prices and stock prices?

I'm interested in the correlation (in the recent years, or even decades) between the silver (and maybe gold) prices and some stock market index. In other words, I'd like to know how strong is the ...
1
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1answer
301 views

How can a resident Indian buy and hold physical gold/silver at BullionVault?

Is it legal for an Indian resident to transact at BullionVault? Are there any tax implications? While BullionVault allows deposits from international banks, it only does so in dollars, pounds or euros....
2
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2answers
300 views

Why is silver so volatile compared to the S&P 500?

As an example, silver took a 9.4% hit on 9/22/2011, which was a bad market day -- the Dow dropped over 3.5%. The conventional wisdom is that precious metals like silver are a hedge against a falling ...
1
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4answers
894 views

Is the gold and silver in the GLD and SLV ETFs leveraged?

There are various blogs and videos that indicate that the gold that GLD holds (via HSBC) and the silver that SLV holds (via JP Morgan) is leveraged 50 to 1 or 100 to 1. For me there are some ...
16
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5answers
1k views

What would be the signs of a bubble in silver?

What signs are there of a bubble in silver (or other precious metal)? I was planning on buying some small quantity of silver soon, but I noticed the price has doubled recently and thought "what goes ...
6
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2answers
3k views

Basis for American collectible coins in lieu of proof of purchase price?

Say I have some silver half dollars, but no receipt of purchase. Can I claim face value (50 cents) as the basis should I sell, or is the basis nothing?
38
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9answers
2k views

Storing gold and silver

Apart from midnight-gardening, what are some of the truly safe and cost-effective storage methods for gold and silver bullion? This is for core bullion with no numismatic value. I am looking ...
18
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5answers
2k views

Relationship between silver and gold prices historically

Can anyone tell me, or point me to documentation that shows the historic relationship between gold and silver prices? Or, better yet, can anyone point me to a source that shows monthly or weekly gold ...
10
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5answers
2k views

Buying gold / silver as a hedge against hyperinflation

I'm becoming more interested in buying gold / silver coins as a hedge against inflation and especially hyperinflation. I know very little about this, and there are thousands of sites on the internet ...