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What is Silver Used for in Everyday Life
- February 17, 2023
- Posted by: Agbaje Feyisayo
- Category: Silver
No CommentsSilver is a precious metal used for centuries in various forms of currency, jewelry, and other luxury items. However, silver has far more practical applications, making it an essential component in our daily lives. As a result, silver plays a vital role in many aspects of modern society, from electronics to medicine. This article will
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Types of Silver
- February 4, 2023
- Posted by: Agbaje Feyisayo
- Category: Silver
Silver is a precious metal used for various purposes for centuries. It has been used for jewelry, coins, utensils, and other decorative objects. Silver is a popular metal for making jewelry because it is easy to work with and has a bright white color. This article will discuss the different types of Silver and their
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What is a Troy Ounce?
- January 30, 2023
- Posted by: Agbaje Feyisayo
- Category: Gold, Precious Metal, Silver
A troy ounce is a unit of weight measurement commonly used in the precious metals industry. One troy ounce is equal to 31.1034768 grams. The term “troy” comes from the medieval French market town of Troyes, where the weight system was first established. The troy ounce is different from the standard ounce commonly used in
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What Is The Current Cost To Produce An Ounce Of Silver Today?
- January 5, 2023
- Posted by: Orkan Ozkan
- Category: Silver
Entering the new year, the world’s top silver companies averaged $10.56 in production costs per ounce of silver. But that could change. According to the Silver Institute, global silver production declined in 2016 and should again in 2017. For years now, investment experts and silver bugs warned the public that silver costs too much to -
Why is gold worth so much?
- January 2, 2023
- Posted by: Agbaje Feyisayo
- Category: Gold, Precious Metal, Silver
There are as many reasons for investing in gold as there are different ways to invest in gold. For several reasons, gold is seen as precious. It is a unique asset with several inherent attributes that make it vital for investors to maintain in their portfolios. There is still no metal quite like gold because
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What to invest in during inflation?
- December 22, 2022
- Posted by: Agbaje Feyisayo
- Category: Gold, Precious Metal, Silver
Inflation is a period where cash continues to lose its purchasing power. Because of this, it is essential to make profitable investments that would prevent you from losing. So here is one thing everyone should know: “ What to invest in during inflation.” – You can never go wrong investing in gold and silver, learn
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Can You Buy Silver With Your IRA?
What Is A Silver IRA? A Silver IRA, like a Gold IRA, functions essentially the same as any other retirement plan; the only difference is the asset type. You can still contribute to your silver IRA annually, and you can always easily sell your IRA silver. There are no taxes or penalties when you convert
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How Much Will Silver Be Worth if the Dollar Collapses?
- December 1, 2022
- Posted by: Agbaje Feyisayo
- Category: Investment, IRA, Precious Metal, Silver
Investors hold silver and gold as a hedge against economic uncertainty and political calamities. Is the trend, on the other hand, strong enough to survive market fluctuations over time? What would silver be worth if the currency collapsed? As an investor, you’re bound to be anxious about precious metals such as silver, and it’s natural
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What do you need to know before starting a gold or silver IRA?
- November 30, 2022
- Posted by: Agbaje Feyisayo
- Category: 401K, Gold, Gold Investing, Gold IRA, IRA, Precious Metal, Silver
Starting a gold or silver IRA is no small feat. There are a lot of processes and information you need to know before starting. Having an idea of the processes makes it easier to understand the right questions to ask. So what do you need to know before starting a gold or silver IRA? Let’s dive in!
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What will Silver be worth in 10 years?
Silver is categorized among a group of valuable commodities such as Gold, palladium, and platinum– these precious metals are valued for their inherent use case and rarity. This has made them good enough to become a store of value for today’s currencies. Thus, they drive their demand for their unique characteristics and scarcity. Compared to
How can we help you?
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!