A recent notice by Citigroup advises its customers that it now reserves the right to require 7 days notice for any withdrawals from its checking or savings accounts - effective April 1st 2010. Read the full article by Paul Watson for more details.
Does this mean the stars are aligning for a good old fashioned bank holiday. Do they foresee a banking crisis a la 2008 happening later on in Spring. Bear in mind that if Greek national debt gets downgraded then this will have huge repercussions for Greek banks who hold the sovereign debt as collateral for new loans and who will need to roll over their debt in the next few months!!!. This could be the straw that breaks the camel's back or the butterfly that gently brushes the first domino. Whatever the metaphor it could be wise to read huge things into this annoucement
In Gold We Trust is an Online Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Friday, February 26, 2010
Monday, February 22, 2010
What Is Junk Silver and How Can You Buy Junk Silver Coins
In Gold We Trust is an Online Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
GoldBug : James Dines interviewed on Financial Sense
Excellent interview with James Dines about his new book GoldBug. He also gives some interesting and rare insight into the 1930s depression.
In Gold We Trust is an Online Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
In Gold We Trust is an Online Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Saturday, February 20, 2010
What is Scrap Gold/ How to Buy Scrap Gold
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Friday, February 19, 2010
How to Scrap Gold Prices
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Thursday, February 18, 2010
How to Buy Silver
Good information on How To Buy Silver and what your different options are
How to Buy Silver
How to Buy Silver
How to Buy Gold
Click for Good information on How to Buy Gold
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
How to Calculate the Value of Silver Dollars and Other Junk Silver Coins
Junk silver coins are old US coins that contain silver. Up until 1965, US coins were minted with a 90% silver content. They are a great way to invest in silver but you should know a little about the different coins before buying them. This information below should help you also calculate Silver Dollar Coin Values and other Junk Silver Prices
Junk Silver Coin - Silver Content (ounces)
Dimes
Seated Liberty 1837-1852 0.07726
Seated Liberty 1853-1873 0.07205
Seated Liberty 1873-1891 0.07234
Barber Dime 1892-1916 0.07234
Mercury Dime 1916 to 1945 0.07234
Roosevelt Dime 1946-1964 0.07234
Quarters
Barber Quarters 1892-1916 0.18084
Standing Liberty Quarters 1916-1930 0.18084
Washington Quarters 1932-1964 0.18084
Half Dollars
Barber Half Dollar 1892-1915 0.36169
Walking Liberty Half 1916-1947 0.36169
Franklin Half Dollar 1948-1963 0.36169
Kennedy Half Dollar 1964 0.36169
Kennedy Half Dollar 1965-1969 0.14789
Silver Dollars
Trade Dollar 1873-1885 0.78761
Morgan Dollar 1878-1921 0.77343
Peace Dollar 1921-1935 0.77343
To calculate the value of each coin get the current silver price from the website linked below and then multiply that by the silver content in each coin. So for example if the Silver Price is $16 then the value of a Morgan Silver Dollar is 16x0.77343=$12.37.
Remember that when you go and buy these coins the dealer may quote the price in terms of "face" (i.e. face values) in the above example he might quote you 12.3 times face. It is always handy to know the spot price of any coin before buying it so you know how much premium you are paying. For these kind of coins in small amounts it is not unreasonable to pay up to 20% and this premium will get less the more you buy.
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Junk Silver Coin - Silver Content (ounces)
Dimes
Seated Liberty 1837-1852 0.07726
Seated Liberty 1853-1873 0.07205
Seated Liberty 1873-1891 0.07234
Barber Dime 1892-1916 0.07234
Mercury Dime 1916 to 1945 0.07234
Roosevelt Dime 1946-1964 0.07234
Quarters
Barber Quarters 1892-1916 0.18084
Standing Liberty Quarters 1916-1930 0.18084
Washington Quarters 1932-1964 0.18084
Half Dollars
Barber Half Dollar 1892-1915 0.36169
Walking Liberty Half 1916-1947 0.36169
Franklin Half Dollar 1948-1963 0.36169
Kennedy Half Dollar 1964 0.36169
Kennedy Half Dollar 1965-1969 0.14789
Silver Dollars
Trade Dollar 1873-1885 0.78761
Morgan Dollar 1878-1921 0.77343
Peace Dollar 1921-1935 0.77343
To calculate the value of each coin get the current silver price from the website linked below and then multiply that by the silver content in each coin. So for example if the Silver Price is $16 then the value of a Morgan Silver Dollar is 16x0.77343=$12.37.
Remember that when you go and buy these coins the dealer may quote the price in terms of "face" (i.e. face values) in the above example he might quote you 12.3 times face. It is always handy to know the spot price of any coin before buying it so you know how much premium you are paying. For these kind of coins in small amounts it is not unreasonable to pay up to 20% and this premium will get less the more you buy.
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Wednesday, February 17, 2010
How to Buy Junk Silver Coins
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Decide which Junk Silver Coins to buy.Morgan Silver Kennedy 1964 Half Dollars, Mercury or Roosevelt dimes might be the best place to start.
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Step 2
Calculate the current spot silver value of the junk silver coins you have chosen to buy. You can do this either by going to www.in-gold-we-trust.info and use their junk silver calculator which will work out the values for you or alternatively take the current silver price and multiply it by 0.36169 (for Kennedy Half Dollars) or by 0.07234 (for Mercury Dimes)
Lets say the Silver price is $16 and you want to buy some Kennedy Half Dollars so the spot silver value of each is $5.78. Any dealer will charge you a premium above the spot value of the coin and they will often quote the price in terms of "face" (i.e. face value) So for example our Kennedy Half Dollar that is worth &5.78 would be quoted at around 11.5 times face. The face value is 50 cents, the spot silver value is $5.78 s divide %5.78 by 0.5 which gives you roughly 11.5 times face.
What ever the face price is for Kennedys will also be the same for Mercury Dimes, Roosevelt Dimes and Barber Quarters. So a Mercury Dime at 11.5 times face will be worth $1.15 and so on.
#
Step 3
Once you know the value of the coins you want to buy then you can start shopping around. Some dealers will only sell Junk Silver Coins in $1000 bags face value - which may end up costing you $12-13000. If buying such a large amount the maximum premium you should look at paying is 10% and shop around for less!!!!
If you are on a smaller budget do not worry - many coin dealers will sell you individual coins - meaning you can start investing in silver for as little as $1.50!!!!. My experience has shown that your local coin shop will offer better prices than large internet retailers so its worth shopping around. Buying singles or smaller lots may push the premium you pay up to 20%
Another great place to buy junk silver coins is on Ebay. Many sellers will sell in smaller quantities and offer free shipping. One trick I picked up was to calculate the spot value of the lot they were selling and put in a bid just s tiny but above that spot value and to do this for many different lots. Often I would win at least a couple of bids the bid because not so many people were bidding on that lot.
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
Decide which Junk Silver Coins to buy.Morgan Silver Kennedy 1964 Half Dollars, Mercury or Roosevelt dimes might be the best place to start.
#
Step 2
Calculate the current spot silver value of the junk silver coins you have chosen to buy. You can do this either by going to www.in-gold-we-trust.info and use their junk silver calculator which will work out the values for you or alternatively take the current silver price and multiply it by 0.36169 (for Kennedy Half Dollars) or by 0.07234 (for Mercury Dimes)
Lets say the Silver price is $16 and you want to buy some Kennedy Half Dollars so the spot silver value of each is $5.78. Any dealer will charge you a premium above the spot value of the coin and they will often quote the price in terms of "face" (i.e. face value) So for example our Kennedy Half Dollar that is worth &5.78 would be quoted at around 11.5 times face. The face value is 50 cents, the spot silver value is $5.78 s divide %5.78 by 0.5 which gives you roughly 11.5 times face.
What ever the face price is for Kennedys will also be the same for Mercury Dimes, Roosevelt Dimes and Barber Quarters. So a Mercury Dime at 11.5 times face will be worth $1.15 and so on.
#
Step 3
Once you know the value of the coins you want to buy then you can start shopping around. Some dealers will only sell Junk Silver Coins in $1000 bags face value - which may end up costing you $12-13000. If buying such a large amount the maximum premium you should look at paying is 10% and shop around for less!!!!
If you are on a smaller budget do not worry - many coin dealers will sell you individual coins - meaning you can start investing in silver for as little as $1.50!!!!. My experience has shown that your local coin shop will offer better prices than large internet retailers so its worth shopping around. Buying singles or smaller lots may push the premium you pay up to 20%
Another great place to buy junk silver coins is on Ebay. Many sellers will sell in smaller quantities and offer free shipping. One trick I picked up was to calculate the spot value of the lot they were selling and put in a bid just s tiny but above that spot value and to do this for many different lots. Often I would win at least a couple of bids the bid because not so many people were bidding on that lot.
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
The Gold to Silver Ratio
Why is this Important?
The gold to silver ratio has only ever been as high as 80 and as low as 17. If you believe that the price of gold and precious metals is on the up then the potential for silver to rise at a greater rate than gold is very high as the potential for the gold to silver ratio is more likely to go down than up considering how far it is from its historical low.
Also consider that as more people move into precious metals and the gold price goes up then it becomes less and less accessible to the general public as it becomes more expensive - leaving silver as the next best option. Thus fueling a slide down in the gold to silver ratio.
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
Superb Interview with Ambrose Evans Pritchard - The Euro Crisis
Click below to listen to an excellent interview with Ambrose Evans Pritchard reporting on the current Euro crisis - he gives an indepth understanding of the extent and consequences of the problem.
Mcalvany interview Ambrose Evans Pritchard
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
Mcalvany interview Ambrose Evans Pritchard
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
Monday, February 15, 2010
Why You Should Not Invest in Gold
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
Jim Sinclair on King World News
Catch the latest interview with Jim Sinclair on King World News. He offers excellent insight into the worsening financial crisis and the future of the gold price
Jim Sinclair interview
In Gold We Trust is an online coin, bullion and scrap gold calculator that gives up to the minute values on your junk silver coins, scrap gold, jewelry, gold coins etc
Jim Sinclair interview
In Gold We Trust is an online coin, bullion and scrap gold calculator that gives up to the minute values on your junk silver coins, scrap gold, jewelry, gold coins etc
Wednesday, February 3, 2010
Gold $5000 by Martin Armstrong
This ia an article written by Martin Armstrong about the gold market. He is never to be underestimated and always interesting.
Gold $5000
In Gold We Trust is an online tool for calculating up to the minute values on all your precious metal items (gold coins, silver dollar coin, scrap gold, platinum and so on)
Gold $5000
In Gold We Trust is an online tool for calculating up to the minute values on all your precious metal items (gold coins, silver dollar coin, scrap gold, platinum and so on)
Monday, February 1, 2010
How Many Grams in an Ounce of Gold
Gold is measured in troy ounces. So when you see the price of gold is $1000 - this is for one troy ounce.
One troy ounce has 31.1.034768 grams in it. Many people round it up to 31.1. grams for simplicity sake
OR...
it is way easier to just go to In Gold We Trust which is a Coin, Bullion and Scrap Gold Calculator and it will work it out for you with the current price of gold
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
One troy ounce has 31.1.034768 grams in it. Many people round it up to 31.1. grams for simplicity sake
OR...
it is way easier to just go to In Gold We Trust which is a Coin, Bullion and Scrap Gold Calculator and it will work it out for you with the current price of gold
In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on
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