Gold Bar and Coins

The Oldest Trick in the Book – and why we don’t play games when it comes to investing your coins.

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If you have decided to invest in precious metals like gold and silver, it is probably because you know that they can offer you a great return for your money and can act as a safer element of your portfolio than traditional stocks and shares.

However, that means you need to be sure that you are dealing with reputable dealers to make sure you are getting the very best prices and a reliable and trustworthy service, otherwise your investment may not be worth what you had hoped.

Unscrupulous companies

Whilst precious metals are one of the oldest forms of investments around, there has been a recent flurry of competition by companies trying to strike fear into those who have been saving for their retirement.

They focus on news events surrounding the economy, painting a deliberately gloomy picture in order to scare people into investing with them in order to protect savings that would otherwise suffer. One such example that has hit the news recently is Lear Capital, a company selling gold and silver coins and, in some cases, charging as much as 33% commission.

These kinds of hefty fees add up to some significant amounts, and as it is often buried in the small print somewhere, it is not until the transaction is complete that you realise how little of your hard-earned cash has actually been invested into gold.

A flashy ad pitched at the right audience can convince people that the services on offer are a good choice for their money, but it is important to do your homework and find out more about these businesses.

Many of the ads gloss over a lot of the facts around their businesses and how they operate, with the intention of leaving investors in the dark. Some of the coins that are being sold have extremely high markups, meaning that the same coins could be bought elsewhere for a more competitive price.

Why Wall Street Metals are different

At Wall Street Metals, we aim to be different to the rest by guaranteeing you the lowest prices with no commission. We offer a completely transparent process to give you security and peace of mind when it comes to your investments.

It is important to us that we are always completely transparent, so that you know exactly what you are investing in and whether it is at a fair price. That is why we also include a free investment consultation, to make sure that the investment you are making is right for you.

Whilst most precious metals companies centre themselves around big business and fund managers, we want to take care of individuals who have worked hard all of their lives for their savings; that means military, nurses and small business owners like you.

By offering you more for your money, we can give you greater control over your future, and every order that you place is fully insured. Get in touch today to find out how we can help you to make a safe and protected investment.

hand holding out variety of gold and silver coins

Should You Buy Pre-Owned or New Coins?

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When you look to invest in precious metals such as gold and silver, purchasing coins can be a popular route. However, you do not necessarily have to buy brand new ones, as there is now a big market for pre-owned coins as well.

So, how to know whether to buy new or pre-owned coins? Which ones will give you more bang for your buck? Here, we look at the pros and cons of both to help you decide which coin investment is right for you.

Are old coins a good investment?

Buying pre-owed coins can prove to be a worthwhile investment if you choose the right ones. They can represent great value and can range from a few months old or even date back decades in some cases.

As they are pre-owned, you have the choice to buy individual coins or collections. Many new coins come with added premiums associated with the manufacturing and so they do not always offer the same level of value as their pre-owned counterparts.

As with anything that you buy second-hand, you may find that the pre-owned coins that you purchase are not always in mint condition, depending on how they have been kept and looked after. Whilst the value of the intrinsic gold or silver does not diminish, many people are buying coins for their rarity or design, so it is important to buy the best quality as you can.

Some merchants do offer a restoration service that helps to restore coins to their former glory, and whilst these might come with a higher price tag, they are likely to hold their value better when the time comes to sell them on.

Specialist coins have been released all around the world at various times and many of them have now become collectors’ items. Investing in one or several of these can prove to be a good investment, as they are likely to become scarcer over time, therefore pushing their value up.

Are new coins a good investment?

Just because pre-owned coins offer great value, it does not mean that new coins do not also have a draw. New coins can be a good choice for new investors who are just getting into the precious metals market, as it allows you to know exactly what you are buying and what its value should be.

It is important to remember that these new coins will also become collectors’ items in the future and so their long-term value will grow, not just because of the price of the raw materials but also because of what they represent and how few will ever be available on the market at any given time.

Are pre-owned coins worth less?

When we buy anything that has had a previous owner, we tend to assume that it is worth less than its newer versions, but this is not necessarily the case with coins. The value of gold and silver continues to rise, irrespective of what is happening to the world’s financial markets.

They tend to be somewhat immune to fluctuations in the economy and so they will always continue to grow in value. Depending on what you buy, you may find that it costs you less than a new coin initially, but this is often because it does not have the premiums that new coins require, and not that it is worth less.

Pros and cons of buying pre-owned coins

Pre-owned coins have a lot of advantages, but it is important that you know what you are looking for. The price of a pre-owned coin can often seem lower than buying a new one, but this might be due to the condition that it is in.

You need to make sure that you do your homework about how the coin looks and what the long-term impact on its value can be, as some wear and tear can have a bigger effect on the price than other issues. You should also be way of the fact that the older a coin is, the easier it can be to counterfeit.

You will need to take several measures to try and ensure that authenticity of a coin, such as only buying through a reputable dealer.

One of the great things about buying pre-owned coins the chance to find something really special or an item that completes a set or collection.

Whilst new coins will be mass produced to some degree, there are some really rare and unusual finds available on the pre-owned market just waiting to be unearthed. This can be worth a lot of money, and their value can continue to grow, making them a fantastic investment.

Pros and cons buying new coins

When buying brand new coins, you can be confident that you are buying something that is untouched and in absolute mint condition. As it is new onto the market, you have the option to buy it before the price inflates.

With modern technology, these coins are now harder than ever to counterfeit, so you can buy knowing that you are getting the genuine article. Buying a new coin is a long-term investment, as you do so in the hope that it will become a more valuable asset over time.

However, when new coins are released, there are likely to be a lot of them, so you will not own anything unique. For this reason, its resale value will not be affected by rarity for a very long time to come, as there is a risk of the market being flooded with them.

Buying coins can be a great way to invest in precious metals, especially for a precious metals IRA. There are many coins available on the pre-owned and new markets that represent excellent value and can be a great way to start a collection or add to it.

Whenever you invest in coins, make sure that you fully understand what it is that you are buying, and try to invest in the best quality that you are able to afford.

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What is a precious metal?

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When it comes to precious metals IRA’s, a precious metal is either gold, silver, platinum, or palladium. This doesn’t just mean a nice pair of earrings; each precious metal has to meet very exacting quality standards which are in excess of 99% pure.

Precious metals prove popular as investments thanks to their ability to hold onto their value, even when the stock market is looking stormy. They are seen as a safe bet for many investors, who choose to add precious metals to their portfolios as a way to hold their money in something which can retain its value and even grow no matter what might be happening in the economy.

Precious metals are seen as good long-term investments and are often part of an investor’s pension plan. Having said that, it is not considered wise to put all of your eggs into one precious metals basket, and most experts advise that precious metals should not make up more than 5-10% of your investment portfolio.

A precious metal IRA works in much the same way as a typical Individual Retirement Account (IRA) but has been specially designed with precious metals in mind. It allows you to hold precious metal stocks, mutual funds that invest in bullion, stocks, or both, and EFTs that track indexes.

It is important to remember that a self-directed IRA has tax deductible contributions whilst a Roth IRA has tax free distributions. However, you should keep in mind that precious metals do not pay interest, dividends, or other returns and so this investment will not make full use of the tax-free growth element of investing through an IRA.

What to consider when storing precious metals

When you invest in precious metals, you are investing in a physical asset, which means you also need to give some thought to how and where it should be stored. You do have the option to store it at home, and many people prefer this as they always know where their investment is and can check on it at any time, but you need to consider whether this is safe enough.

Your precious metals are worth a lot of money, so they will need something a little more secure than simply putting them at the back of your sock drawer. You not only need a safe spot within your house, but you will also need to review the security of your property as a whole, paying close attention to locks, alarms, and camera systems to make sure you are fully protected.

Alternatively, you could entrust your investment to someone else’s car. Banks will often offer storage in their vaults, which have huge levels of security in place, but do run the risk of shutting down and you will be charged a fee for their services.

You could also look at other methods of external storage such as safety deposit boxes, but the levels of security of these also need careful attention. One good option is to consider precious metals depositories which are designed to cater for this exact situation, with everything from climate-controlled facilities and segregated storage.

How can you store precious metals?

If you choose to store your precious metals at home, then security needs to be your first consideration. Investing in a private safe can be a great way to keep your precious metals locked away from anyone who breaks into your home. Make sure that it is both fireproof and waterproof as well as strong and sturdy and is installed somewhere out of the way, so you are not advertising to visitors that you have something of value in your home.

For greater levels of security, a bank vault can offer additional peace of mind. You can be confident that you are storing your metals in a well established and safe place with professionals who know exactly how precious metals should be stored.

The bank will have its own insurance in place should the worst happen, so you can be confident of some sort of cover, but you will need to make sure that you check where you stand. In addition to the vault, your bank may also offer the services of a safe deposit box, which means only you will ever have access to the contents.

It should be kept in mind that there are no federal laws governing the safe deposit boxes at banks, and the bank is not required to compensate you if your precious metals are lost or destroyed whilst in one of these boxes.

Third party depositories are an increasingly popular choice for precious metal investors. They are able to house larger collections in the safe conditions that protect your precious metals from the elements and the environment as well as thieves. They have optimal levels of security in place including entrance restrictions and constant surveillance, with all activities being recorded or monitored.

Many can offer to keep metals stored away from those belonging to other people, giving you an individual storage compartment allows private use if you feel that this is something which is necessary.

Can precious metals be stored at home?

It is possible to store precious metals at home, but you should check with your home insurance first. They will need to know the value of your metals and the security measures that you have taken before they can confirm whether they will be able to cover you for any potential loss. There will often be an option to purchase extra coverage for this sort of situation.

Can you store precious metals externally?

When choosing an external storage provider, make sure you have absolute confidence in them and their security. Look at protection they offer and what insurance policies are included. Make sure that you ask questions about how the metals will be stored and what the conditions will be like. You should also investigate how you gain access to the metals when you want to, and what the restrictions might be, such as opening hours.

When storing your precious metals externally, there are three main options which are banks, precious metal depositories and safes. Banks are a safe option as access is limited and they offer highly secure storage solutions.

However, the downside of storing in banks is the cost of storing your precious metals which can range from $200 – $500 annually and access to your metals may be limited to working hours only, which clashes with people’s schedules. The location of the bank should also be taken into consideration in case of an emergency.

Depositories are a good option when storing a large amount of bullion and they offer optimal levels of security. Precious metals that are stored within depositories are also covered under insurance policies and this covers theft or damage, although this is highly unlikely due strict and rigorous security procedures.  You should also consider the location of the depository and ease of access in case of an emergency, and you need quick access to your precious metals.

If you are looking to store your metals at home, you’ll need a secure safe. Safes are hard to move due to their size and weight and they may also protect its contents against floods and fires, this does depend on the durability of the safe.

Safes may be a cheaper alternative as it’s a one-time purchase, however they do not benefit from the security and insurance provided by a bank or depository, it is very important to carefully consider storing your precious metals at home in a safe.

Purchase precious metals with Wall Street Metals!

If you’re looking to invest in precious metals, then Wall Street Metals is for you! We don’t charge any commission and we make every single step transparent, helping you make the best decision. We’re not built for huge corporations; we’re built for individuals.

To get started, you’ll need to open a precious metals IRA account, and this can be completed by contacting us today. Secondly, you need to fund your account which can be completed by bank transfer. Finally, you are now ready to start investing in gold and silver IRA approved precious metals!

If you have any questions regarding our products or services, please contact our friendly team today who will be more than happy to help.

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Why are the Call of The Wild coins so popular?

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When people choose to invest in precious metals such as gold, they often do this by purchasing coins or bullion. The release of the Call of the Wild coins by the Royal Canadian Mint has proved hugely popular as investors snap them up. So, why is this coin series so popular and why do investors want them?

What are the Royal Canadian Mint Call of the Wild Coins?

In 2014, the Royal Canadian Mint created a series of gold coins called the Call of the Wild. These show images of animals from the wilderness of Canada, and they were released annually over a period of seven years. Each one is made up of 99.999% fine gold, which is the finest standard of gold bullion in the world.

Types of Call of the Wild Coins

The Howling Wolf coin was the very first coin of the series produced in 2014. As an iconic wilderness creature in Canada, it is depicted filling the air with soundwaves as it howls. The second design to be released was the Roaring Cougar, and this was followed by the Roaring Grizzly, showing the bear which is the second largest mammal in North America.

The next coin in the series is the Bulging Elk, one of the largest members of the deer family, and in 2018 the Golden Eagle coin was released.

The sixth coin was the iconic Canadian Moose, and the final coin, which was released in 2020 showed the Canadian Bobcat.

Each coin weighs 1 ounce and is encapsulated in a plastic card to preserve and protect it.

Why are they so sought after?

The Call of the Wild coins have proved to be in high demand because of their incredible levels of purity. As they reach the highest standards of gold, they are the purest gold coins which are currently available.

They have a unique and precise design, including beautiful images and inscriptions that make them something aesthetically pleasing to own as well as valuable.

They have been designed to be extremely difficult to copy, and so each one has a security hologram in the form of a Canadian maple leaf embedded into it.

These coins are fairly easy to buy and sell, which is another reason that they have proved to be so popular, as investors are able to get their hands on them without too much difficulty.

Are Canadian coins a good investment?

Before investing in any of these coins, you should consider what percentage of your investment portfolio they will make up, and where you will store them. Each one is worth 200 CAD and are qual to 24 carats.

The Royal Canadian Mint produces all Canadian coins, as well as some for other nations, and also creates collector coins such as these. Their collector coins are made in gold, silver, palladium, or platinum and can be parts of collections, commemorative coins, bars, medals, and medallions.

The Canadian Mint began producing coins in Ottawa in 1901 after Canada became a nation in its own right and its need for coins had increased.

After being part of the British Royal Mint, it finally negotiated its independence during the Great Depression, and it was renamed he Royal Canadian Mint in 1931 when it began reporting exclusively to the Department of Finance before finally becoming a private organization.

These days, the Royal Canadian Mint employs an advanced engineering research team to ensure that high standards are maintained, and the most innovative technologies are used in order to maintain a reputation for quality and attention to detail.

The Call of the Wild coins are considered to be the most renowned that the Canadian Mint has produced.

Gold is always considered to be a good investment, especially when it boasts this level of purity, because of its ability to hold its value. Even when economies take a turn for the worst, gold ad other precious metals remain sought after and do not see the dip in prices that other investments might. When it takes the form of a highly desirable, rare, and collectable coin, it is even more likely to become worth more than the sum of its contents.

How to purchase Call of The Wild Coins?

To purchase the Call of The Wild coins from Wall Street Metals, there are three simple steps to follow.

Firstly, you will need to open a precious metals IRA account, this can be completed by emailing us at info@wallstreetmetals.com. Once your account has been opened, this is where you can begin to add funds, this can be completed by bank transfer.

Finally, once your money is available you are ready to purchase our Royal Canadian Call of The Wild coins. Once purchased, these IRA approved coins will appear within your account where you can monitor and manage them.

Purchase your Call of The Wild Coins from Wall Street Metals!

If you are looking to purchase Call of The Wild coins, we are here to help you! Wall Street Metals are proud to stock Royal Canadian Call of The Wild coins.

We don’t charge any commissions and we also make every step of the investment journey transparent before you decide to invest in precious metals. The precious metals market is built for corporations and governments, we are built for individuals like small business owners. This is what sets Wall Street Metals apart.

Do you have a question regarding our coins or services? We’d love to hear from you! Contact our friendly team today and we’ll be happy to answer your query.

100 oz Silver Bar Any Mint

Silver – historical relevance in the form of precious metals

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Silver has been around for centuries, and there have been a number of impressive and noteworthy silver collectors in this time across Europe and the Americas. The 19th and early 20th century were particularly popular periods for silver Canadian coins, and collectors were famous across the continents for the collections they kept.

With links to the art world and investing, collectors were influential and internationally known, even back in the nineteenth century. Alfred Pringsheim was a German mathematician based in Munich, who was an art lover as well as avid precious metals collector. He carefully purchased silver objects as well as paintings and other pieces of art and gathered over 100 pieces in his day which were very tastefully presented, often behind closed doors and shown to a few, select people.

After being stolen during the war by the Gestapo, the pieces were redistributed back to the Pringsheim family in the 1950s and are now spread across collections and museums around the world.

Silver is a fascinating precious metal in that it comes in various different forms with different historical relevance.

Silver in the modern world

There are many silver-lovers throughout the centuries alongside Pringsheim, who show us how valued the precious metal is and has been over the years.

The ways in which silver is presented has changed throughout the years, with special cabinets and vaults becoming more prominent throughout the 20th and 21st centuries, presented in carefully designed, beautiful environments.

People also tend to simply live with their silver items nowadays, which brings the collector closer to the pieces they’ve acquired, deepening the appreciation they feel for each item in their collection.

Best Precious Metals

What’s the difference between bullion, proof, uncirculated, and circulating coins?

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Bullion coins

Bullion Coins are precious metal coins intended for investors. They are:

  • Valued by the weight of the precious metal, which fluctuates based on its daily price.
  • Not sold to the general public through the United States Mint. Instead, these coins are sold through dealers located throughout the United States.

The remaining qualities of coins are sold directly by the United States Mint to collectors and others as gifts and keepsakes. They are:

Proof coins

Proof Coins are the finest quality of coin produced by the United States Mint. The term “proof” refers to the coin’s finish. Proof blanks are specially treated, hand-polished, and cleaned to ensure high-quality strikes. The blanks are then fed into presses fitted with specially polished dies and struck at least twice. The coins are then carefully packaged to showcase and preserve their exceptional finish. These coins:

  • Are struck at least twice, which gives the coin a frosted, sculpted foreground for a glamorous shine; defined, intricate design; and mirror-like background.
  • Come with an official Certificate of Authenticity.
  • Are encased in a protective capsule.

Uncirculated coins

Uncirculated coins are hand-loaded into the coining press and struck on specially burnished blanks, yet have a soft, matte-like finish appearance. These coins:

  • Are made like circulating coins (which are used everyday as money), but with a special process that produces a brilliant finish.
  • Come with an official Certificate of Authenticity.

Circulating coins

Circulating coins are produced for circulations, but those sold directly by the United States Mint are never released to the Federal Reserve Bank. These coins:

  • Are typically offered by the Mint in rolls, bags or boxes, which do not include Certificates of Authenticity.
How to buy gold

Investing in Precious Metals IRA? Don’t Make These 6 Beginner Mistakes

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With so much uncertainty surrounding inflation, supply chains, and the general economy, an increasing number of people are turning to precious metals IRA as secure long-term investments. With that said, it’s important to remember that there are certain risks associated with any investment, and precious metals are no exception. Understanding the many misconceptions and intricacies of precious metals can help you avoid losing money or potentially getting taken advantage of when you make a purchase.

The precious metals market in the U.S. is currently valued at more than $182 billion, with analysts predicting continued growth into 2027 and beyond. Meanwhile, inflation rates continue to rise throughout the country in response to unprecedented economic factors. These uncertainties have fanned the flames of the global precious metals market in recent years, causing many Americans to consider investing in liquid assets such as gold or silver as a means of protecting their hard-earned wealth.

Before you leap into buying gold, silver, platinum, or palladium for your precious metals IRA, it can help to start with gaining a deeper understanding of how the market functions. Here are six beginner mistakes people frequently make when buying precious metals for the first time.

Mistake No. 1: Overlooking the Potential of a Precious Metals IRA

Many new investors tend to focus on buying coins or bullion, but it’s also a smart strategy to reap the benefits of precious metal prices without needing to store the physical metal yourself. Similar to a traditional retirement account, a self-directed precious metals IRA contains holdings of gold, silver, platinum, or palladium with at least 99.5% purity.

Contributions to a precious metals IRA go toward the acquisition of these assets from a qualified dealer, after which they are transported to a secure facility for storage coordinated with your IRA Custodian. Here, your metals will remain protected under lock and key until you decide to close your account, RMD (Required Minimum Distribution) or liquidate your holdings. Although there are storage and maintenance fees associated with precious metals IRAs, this type of investment is an excellent way to get exposure to the market without taking on a tremendous amount of risk.

Opening a precious metals retirement account or a more targeted gold IRA provides attractive growth potential when compared to investing in stocks, bonds, or mutual funds. For one thing, metals like gold are finite resources, and this scarcity puts continual upward pressure on their value. This is why metals like gold and silver have successfully weathered economic downturns for hundreds of years, insulating investors from sudden currency devaluation and other unforeseen financial crises.

Mistake No. 2: Buying From Unverified Dealers

The value of any precious metal is contingent on its purity, so it’s important to buy bullion, coins only from a certified precious metals dealer. There are plenty of bad actors looking for inexperienced investors to scam. Before you buy, make sure you’re purchasing IRA approved gold, silver, platinum, and palladium from a verified, authorized provider who can guarantee the authenticity of their inventory. View IRA Eligible coins we have for sale.

Take the time to acquaint yourself with the difference between karat weights and how they impact a precious metal’s price. For investment purposes, it’s usually best to focus on buying only the purest possible ingots or coins. If you’re uncertain about a metal’s purity or providence, it’s probably best to move on to another dealer you know and trust. Many pawn shops and online retailers may appear to offer excellent deals on precious metals from time to time, but unless it’s a reputable source, you can never know for sure what you’re buying. Another great question to ask when vetting out dealers is where to they house/store their coins.  Wall Street Metals houses all their coins at the Delaware Depository.  This same depository most of all of the IRA custodians use to house your coins when you purchase them.

Mistake No. 3: Being Fixated on the Spot Price

Another common mistake new investors make is getting too wrapped up in the current spot price. The going rate for 1 ounce of a metal like gold or silver will fluctuate daily, but its long-term growth potential largely remains consistent.

Instead of following price changes every day with bated breath, it’s much better to take a broader perspective when buying precious metals. Try to avoid feeling anxious about slight drops in prices over a few days or weeks and instead try to think about appreciation over many years.

Although many investors may sell stocks the moment their value drops, this approach isn’t recommended with assets like precious metals. Remember, every sale of gold comes with a premium, and panic selling at or near your buying price can lose you a hefty sum of money. The appeal of investing in gold, silver, platinum, or palladium is that these assets tend to retain their value over time, so don’t get scared off by a small drop in the spot price shortly after buying.

View Charts page can keep you up to date & educate you on all four metals spot price. You can also input day, month & year to view historical data from years prior.

Mistake No. 4: Not Doing Your Research

Those who are inexperienced with precious metals should take the time to study the market, identify trends, and explore all the avenues for investment. Because risk profiles and financial objectives vary from person to person, you’ll want to find an opportunity to enter the market that you’re comfortable with. This could mean buying Silver Coins & Bullion or simply purchasing a few pieces of 1/4 oz Gold Coins for home storage to keep in a safety deposit box.

In short, even if you expect outstanding returns, it’s usually best to avoid jumping into precious metals without doing your fair share research first. For professional advice and guidance, it may help to speak with a precious metals expert before committing to any major financial decision.

Mistake No. 5: Being in It for an Immediate Return

So long as the U.S. dollar remains relatively stable, you’re unlikely to see a sudden spike in the price of precious metals. In this way, investing in gold, silver, or other precious metals is a long game, and not a get-rich-quick investment strategy. Expecting overnight returns on your investment is not a viable attitude when it comes to this class of assets. Instead, successful investors in precious metals recognize that gold, silver, platinum, and palladium serve primarily as a highly secure store of value.

Although precious metals rarely skyrocket in price over the short term, coins, bullion, and jewelry are solid investments due to their resilience against market pressures and their ability to grow steadily over time. Resistant to inflation, precious metals are excellent at providing a buffer of protection if there is ever an economic collapse that paper currencies can’t survive. If for any reason the U.S. dollar loses its purchasing power, precious metals like gold will likely become a standard of currency for many just as they have done throughout history.

Mistake No. 6: Not Properly Diversifying Your Portfolio

Creating a healthy, diversified portfolio of investments is often one of the first things a new investor tends to overlook. Try to avoid putting all your eggs in one basket if you’re interested in entering the precious metals market.

As a general rule, many financial advisers suggest allocating 10% of your overall investment portfolio to precious metals, with the remaining 90% going to traditional investments like stocks, mutual funds, or ETFs. Likewise, it’s essential to diversify your holdings within that 10% devoted to precious metals. In other words, consider allocating 3% to mining stocks, 3% to silver bullion, and 4% to a gold IRA. Finding the right combination will depend on your unique financial goals.

Start Investing in Precious Metals With a Trusted Partner

The current economic climate has many people asking themselves, “Should I invest in precious metals?”

At Wall Street Metals, our answer is a clear and resounding yes. If you’d like to secure assets like gold bullion, silver, or other precious metals, you’ve come to the right place. We have a wide selection of IRA Eligible Coins to suit your investment preferences. We will beat any competitors quote and if we aren’t able to, we will give you $1000 in FREE SILVER! Those interested in saving for retirement, ask us about opening a gold or silver IRA and start building wealth for the future. No matter what you’re looking for, our team at Wall Street Metals has what you need. Let’s start a conversation today! CONTACT US

Capital Gains & Taxation On Precious Metals Income

Why Now Is a Good Time to Exchange Your Silver for Gold: How to Buy Gold and Silver

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The coronavirus pandemic shattered the world’s workday culture and affected countless industries, but it also directly impacted the precious metals market. As the pandemic hit, the price of gold increased dramatically, followed by a plunge in the price of silver.

Since March of 2020, silver has rallied strong and sits at a healthy price evaluation. During that time, gold has remained relatively consistent in the price for the past two years. This dynamic points to the current buying power of silver, and the profitability investing opportunity to stockpile gold assets.

Why Exchange Your Silver for Gold?

In the past three years, the price of gold has risen by a whopping 43%, reaching a high of $2,067.16. With a three-year increase of $538.39 per ounce (42.46%), gold has undeniably performed much better than most other precious metals.

Meanwhile, the per-ounce price of silver has experienced a $7.40 (48.36%) increase in price over the past three years, reaching a high of $29.59 during this period. However, its current price sits at $22.69 as of December 2021.

As compared to other precious metals in the market, gold has not only performed impressively but is also expected to continue to do well in the future. It’s common for people to trade their silver assets for gold for the following reasons:

  • Long history of value holding: Paper currency and other metals have experienced significant blows in terms of valuation over the years. But gold has managed to maintain its value throughout a variety of time periods and economic trends. In fact, it has become a symbol of generational wealth in many parts of the world.
  • Inflation hedge: Gold is a remarkable anti-inflation hedge because it keeps or increases its value in the face of inflation.
  • Deflation protection: Deflation is when the price of goods and services decreases, as does the average income. During such times, gold’s price often jumps in value.
  • “Buy and hold” investment: Gold doesn’t generate regular income, but it’s a great investment for buying and holding over time as it increases in value with more certainty and stability compared to other metals such as silver.
  • Geopolitical uncertainty: Gold does a great job of maintaining its value during times of sound financial and political conditions. But it manages to stay afloat even during times of financial and geopolitical uncertainty. It is one of the few investments that hold value in times of upheaval or complete economic downturn.

Although silver is also doing well in the face of the current economic conditions, gold remains a more reliable and predictable investment option for the years to come.

Why Turn Silver Into Gold?

The current valuation is 78.7 ounces of silver to 1 ounce of gold. In the past five years, the highest multiple has been 123.5, whereas the lowest was 63.1. So the current valuation sits at an attractive point.

Silver is experiencing a spike in price, with a $7.40 positive change in the past year. Silver is also expected to be a highly desired precious metal in the coming years because it’s used for many technological innovations, such as 5G devices, electric cars, and solar panels.

The price of silver could potentially rise in the future, allowing ratio traders to sell it to buy gold instead. That’s because ratio trading involves selling the higher-priced metal and buying the relatively undervalued one.

Meanwhile, the current rate of inflation coupled with the recent low in gold’s price has opened the door for investors to capitalize on gold. This boom in silver price and the slight dip in gold prices presents a ripe opportunity to transfer silver assets into gold.

It’s essential to keep in mind that gold has a better return on investment than other metals. Additionally, it’s more dependable and favorable due to its promising history of value maintenance.

How to Play the Gold-to-Silver Ratio

The gold-silver ratio measures the number of ounces of silver needed to purchase a single ounce of gold. Investors use the change in the gold-to-silver ratio over time to estimate both metals’ relative valuation.

For instance, if gold trades at $1,500 an ounce and silver trades at $15 an ounce, it would take 100 ounces of silver to buy 1 ounce of gold. Thus, the gold-to-silver ratio is 100-1.

Likewise, if gold were trading at $1,000 per ounce and the price of silver were $20 per ounce, the gold-to-silver ratio would be 50-1, as you would need 50 ounces of silver to buy 1 ounce of gold.

Right now (December 2021), the gold-to-silver ratio is 78.7-1, which means 78.7 ounces of silver will buy 1 ounce of gold.

Although the ratio may seem to be high, those familiar with the market will project that this is a favorable ratio to try and flip silver for gold. The silver-to-gold ratio can fluctuate depending on several factors, such as financial instability and geopolitical conflict.

The ratio currently steers on the high side due to the following reasons:

  • Economic uncertainty
  • Low-interest ratesLow U.S. Treasury yields
  • U.S. dollar weakness
  • Instability in the equity markets

Gold is the more sought-out investment opportunity due to its higher value and ability to withstand financial instability and inflation. Because gold is viewed as a more valuable asset in the current market, it’s advisable to invest in gold rather than silver.

One approach is to make decisions based on the ratio and trade back and forth on the two commodities. Simply put, if one metal is cheaper relative to the other, you would sell the ”overpriced” metal and buy the ”undervalued” metal. When the ratio changes after some time, you would exchange the metals accordingly.

Let’s use an example for better clarification:

  • You possess 1 ounce of gold, and the ratio goes up to 80-1. You would then sell your 1 ounce of gold for 80 ounces of silver.
  • When the ratio goes down to 40-1, you’ll sell your 80 ounces of silver to buy 2 ounces of gold.
  • In this way, you’ll continue to gather quantities of the metals by considering the ratio trends and maximizing your holdings. In this example, you’ve doubled your investment by going from 1 ounce of gold to 2 ounces just by trading the gold-to-silver ratio.

Limitations

Although the gold-to-silver ratio can help you multiply your investments, it can be a bit tricky at times. The difficulty in this regard is identifying the relative valuation of the two metals.

Suppose the ratio goes to 80-1, and you buy silver. But the ratio then continues to increase in the next three to five years, going up to 120-1 or even 150-1. Now, you’re stuck with the silver.

If, for some reason, you have to trade back to gold in this period, it would mean a contraction in your holdings.

Alternatively, you can buy more silver and add it to your holdings, but there’s no certainty that the ratio will continue expanding in the future. Investors must be wary of this risk when using the gold-to-silver ratio as an investment strategy.

If you monitor the prices and ratios closely, you’re likely to suspect an upcoming extreme increase in the ratio before it happens. Here are some tips for using the gold-silver ratio wisely:

  • Do not give into the hype. Instead, stick with a level-headed trading strategy.
  • Ensure that you have a clear goal in mind before jumping into an investment. Knowing what you want to achieve makes it easy to monitor the ratio and react accordingly.
  • You must be patient when using the gold-to-silver ratio for investing purposes. In fact, it takes a considerable about of time and patience before you see the results if you trade back and forth on the ratio.

The gold-to-silver ratio is not easy to use for short-term trading activities – nor is it recommended. That’s because changes in the ratio are more gradual than abrupt. But it’s quite advantageous when you’re in it for the long term.

Where to Buy Gold and Silver

Now that you know about the gold-to-silver ratio and its mechanisms, you likely want to know how to buy gold and silver. Wall Street Metals is a reputable dealer and buyer of precious metals, where you can find gold and silver in a variety of forms.

What sets us apart from the competition is our transparent pricing and expert industry knowledge. Our dedicated team of precious metals advisors is here to assist in any gold and silver questions and investment concerns you may have. Contact us today to exchange your silver for gold, and view our wide inventory of available precious metals.

Capital Gains 2

Should I Invest in Gold? 3 Ways to Secure Your Future

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No matter where you are in life, it’s never too late — or too early — to start thinking seriously about investing. The single best time to think about the future is yesterday, and it’s generally advisable for people to begin investing immediately after entering the workforce. Given time, you will likely start receiving investment advice from friends, family, or financial advisors regarding where to put your money and how to diversify your portfolio. Whether you’re considering buying stocks, cryptocurrency, or commercial property, there are innumerable investment options available to meet your overarching financial objectives.

One of the more widely discussed investment options today is precious metals, and for centuries, gold has remained among the most valuable. But to what extent is gold a viable vehicle to put your money in when compared to traditional investment options such as mutual funds or stocks?

According to a 2020 Gallup poll, some 16% of Americans regard gold as one of the best long-term investments available. This has many people asking, “Should I invest in gold?”

And the short answer to this question is yes, without a doubt. Regardless of your financial goals, liquid assets like gold are an excellent addition to any portfolio.

Few investments can match the longevity, security, and flexibility attached to this increasingly scarce metal. In short, gold is a smart, safe, and profitable method to grow your money. With the volatility attached to the economy, swinging inflation, and performance dips in other holdings, savvy investors are buying gold in a variety of formats.

The Value and Upside of Gold

Few other precious metals can compare to the resilient value of gold. In just 20 years, the price of gold has increased more than sixfold from a mere $264 an ounce in January 2000 to more than $1,800 in December 2021. This value continually outperforms other precious metals such as silver, which is currently priced at $19.80 per ounce, and even platinum, which goes for $942 per ounce.

As a finite resource, gold manages to retain its value due in large part to the fact that it’s impossible to create more of this rare natural resource. Because gold is so scarce, the metal is likely to only increase in price in the years and decades to come, making it capable of weathering virtually any economic downturn, financial collapse, or unforeseen event in the global marketplace.

Due to its resilience and consistent positive valuation, many financial advisors recommend devoting at least a small portion of an investment portfolio to assets like gold. Next to real estate, gold remains among the leading long-term investments Americans choose to include in their portfolios. One of the most attractive aspects of gold is its flexibility and versatility because it may be used in several different capacities to build wealth. For instance, some investors prefer to purchase gold coins and physical bullion, whereas others find that an authorized gold IRA is the better option for their goals and preferences.

Potentially the biggest advantage to holding gold is its consistent resistance to inflation. Paper currencies like the U.S. dollar are poorly insulated from market trends, and during times of high inflation, like today, holding cash can eat away at your valued wealth over time. Regardless of economic factors, political upheaval, or financial crises, gold will remain one of Earth’s most prized natural resources. For these reasons, among others, gold will remain a safe and lucrative investment to include in any healthy, diversified portfolio.

How Investing in Gold Can Secure Your Future

Unlike investments such as commercial property or luxury vehicles, gold is highly liquid, meaning it’s easy to exchange it for cash if the need arises. This liquidity ensures that purchasing gold presents a minimal risk to the investor and instead provides a store of value to hedge against more volatile investments. Devoting just a tiny portion of your portfolio to gold can create an insulating barrier against currency devaluation, inflation, and the many economic uncertainties facing the world today.

With gold eyeing the $2,000-per-ounce mark, investors should consider buying gold sooner than later as its price is projected to continue trending upwards in the coming decades. Some forecasts suggest gold’s price may increase substantially in just a few years, possibly reaching $3,200 by 2025. With the limited downside and almost unrestricted growth potential, many investors are scrambling to acquire this precious commodity before the barrier to entry becomes too great for the average American.

Gold has long positioned itself as the epitome of wealth, luxury, and success. The recent momentum has only further bolstered its appeal to investors, making this precious metal one of the best assets money can buy today. Here are five ways gold can help you build a brighter future well into retirement, giving you the monetary flexibility you need to meet your unique financial objectives during your golden years.

1. Gold IRA

Similar to a traditional individual retirement account, a gold IRA allows an investor to acquire holdings of actual gold instead of more conventional assets such as cash or stocks. Although opening a gold IRA gives you ownership of gold bullion, there are certain caveats. For instance, only certain forms of gold qualify for inclusion in a gold IRA, and the purchased bullion must be securely stored by an approved custodian. This custodian will hold your gold during the lifetime of your IRA until you decide to close your account or sell your gold on the open market.

Due to broker and storage fees, the costs of maintaining a gold IRA are usually higher than the maintenance fees for an IRA backed by regular assets. On the other hand, owning a portion of physical bullion through a gold IRA can provide your portfolio with a strong hedge against inflationary economic conditions, preserving your wealth in the process. In addition, because your gold remains safely stored in a secure facility, you’ll never have to worry about theft or asset loss.

Gold’s increasing valuation makes this precious metal a strong investment for augmenting your long-term retirement plans. With a gold IRA, you can benefit financially from gains in the bullion market without having to go through the trouble of handling the metal yourself. If the past 20 years were any indication, gold prices will likely continue to climb well into the future, making this investment option an excellent choice for those who are risk-averse.

2. Gold Coins

Another way to secure your financial future with gold is to purchase gold coins from a certified dealer. Unlike larger gold bars, coins rarely exceed 1 ounce in weight and are typically much easier to liquidate than larger denominations of bullion. Coins minted by sovereign nations are among the most valuable because it’s easier to trace their providence and trade them in for cash. Some of the most sought-after coins include the Canadian Gold Maple Leaf & British Gold Britannia.

Many investors choose to purchase gold coins simply because they prefer to hold the asset physically instead of monitoring a gold IRA or gold stock portfolio on paper or computer. This approach to owning gold avoids the fees of custodial storage and can offer a greater sense of security for the more pragmatic investor.

The most substantial advantage to holding gold coins is that they can be sold or traded at a moment’s notice. When you make a purchase, you are paying for the premium and shipping of the coin upfront, ensuring there are no additional costs involved in the process. Meanwhile, you’ll have a precious heirloom to pass on to your family that can help you preserve wealth for generations to come.

Gold coins are an ideal long-term investment due to their consistent desirability on the open market. If or when you decide to sell your coins, you’ll find an abundance of interested buyers thanks to their affordability and value as collectibles.

3. Gold Bars

To purchase gold in its purest form in denominations of 1 ounce or more, gold bars are an excellent option. The main advantage of buying gold bars is that they often come with a lower premium. For example, each gold coin purchase comes with a premium fee attached, which can make buying several individual coins an expensive endeavor. However, many gold providers will offer discounts on the premium over the spot price when customers buy in bulk. This means that when you buy gold bars weighing 5 ounces or more, it’s possible to save a substantial sum upfront.

One of the major draws for investors in gold bars is the ability to physically hold them like with coins or jewelry. Whereas some prefer to store their gold bars in a personal safe or bank security box, others may opt to allow a third party to handle storage.

Gold bars are ideal for those who wish to utilize a greater single source of value instead of buying multiple coins or pieces of jewelry. Gold bars are relatively easy to sell, but bear in mind that, because higher denominations are less affordable, it may be challenging to liquidate them at a moment’s notice.

Invest in Gold With Wall Street Metals

Are you thinking about investing in gold to diversify your retirement portfolio? Or interested in home storage options? Our team at Wall Street Metals can help you reach your financial goals. We offer a wide range of quality, certified precious metals, including gold, silver, platinum, and palladium, all of which are readily available in a variety of denominations held at our Delaware Depository.

Browse Our Coins to see a wide selection of IRA Eligible Coins & Bullion. Contact Us about opening a Gold IRA or home storage today!

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Joe Pannu here.  My team and I have decades of experience in the Precious Metals market.  It is our passion.

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