Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [silver]

29 questions
38
votes
9 answers

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 specifically for bullion storage so any suggestions…
SR10N
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18
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5 answers

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 and silver prices for perhaps the last 50-75…
Randy Minder
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16
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5 answers

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 up, must come down". How can I tell whether the…
C. Ross
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7 answers

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 term. In the short term, I have money in the…
CsBalazsHungary
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11
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6 answers

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 about this. I'm sure many of them are a little…
Randy Minder
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11
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2 answers

Where to sell metals with numismatic value

I have various silver and gold bars and coins. After getting quotes for my collection from a local coin shop, I noticed that the bullion values are reasonable, but for rare coins, the quote is far lower than the actual value of the coins. In the…
JacobIRR
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2 answers

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?
mbhunter
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5
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3 answers

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 coins. How do the mint set the value? Surely it…
Skaty
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5
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3 answers

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?
vi.su.
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4
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2 answers

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 understanding of spot price based on Investopedia's…
Kevin Krumwiede
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4
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3 answers

How to sell gold and silver bullion legally and through legitimate buyers

Please note: This might seem like a over-simple question, but I do believe its on topic, and it is certainly not a duplicate. In fact, I can't find a credible answer to this question anywhere on the internet. So I think, as simple as it is, it…
hotmeatballsoup
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1 answer

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 each?
Muhammed
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4 answers

How to Interpret the Widely Fluctuating Gold-Silver Ratio

Historically speaking (prior to WWI), the gold-silver ratio (price of an ounce of gold to an ounce of silver) often fluctuated between 10 and 15. I have read that in ancient Egypt, the ratio was once close to 1. By the end of WWI, the ratio was…
DDS
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3
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1 answer

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 correlation between the stock market (eg. some USA…
mazi
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3
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2 answers

What are decent premiums for physical silver / gold coins / bars?

This a question I have been trying to find an answer to in these last months, and don't seem to find an answer. My curiosity is simple: what are decent premiums for the products mentioned in the title, and what to stay away from? For example: at…
prototorpedo
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