Free Webinar – How to Invest in Precious Metals

Circle April 15th on your Calendar

You don’t have any reason not to. April 15th Tax Day has been postponed because of the COVID-19 virus. So you are free to spend an hour with myself, Ted Sudol, and Paul Mladjenovic, author of Precious Metals Investing for Dummies for a free webinar. Learn how to invest in precious metals. Put more wealth in your pocket and maybe less in Uncle Sam’s.

Right now the paper prices of the precious metals, especially silver is down.

But if you have been trying to buy physical precious metals you know it is almost impossible to find any dealer with Silver Eagles or Canadian Maple Leaf coins because the demand is so high. If you do find some for sale you will find that the premium above the spot price of silver is $5 to $7. 

That means the price of silver would have to rise at least $5 to $7 before you would break even if you wanted to sell.

Does it make sense to buy at these prices? Hear what Paul and I have to say.

The future of silver production is also in doubt. Many places like Mexico where many major silver producers are located is shut down because of the Corvid-19 virus.

Many other counties where silver producing companies are located are also shut down.

Most of the silver production is a byproduct of production at mines where their primary business is the production of base metals like copper, zinc, etc. With the virus shutting down many industries it is expected that industrial demand will be down. If demand for their main base metal prduct is down many of these base metal producers may shut down or reduce production.

Silver has many industrial uses that may actually go up because of the COVID-19. Silver is a major component of solar panels. It also has health uses as a biocide.

Falling supplies and rising demand usually means rising prices.

So should you be investing in mining stocks? Which mining companies are likely to not survive? Which mining companies are likely to survive and possibly even profit?

Pick the winners in mining stocks and you might profit greatly if silver prices rise. Past increases in the price of silver have netted the owners of mining shares up to a 10 to 1 ratio.

Are there any other ways to invest in the precious metals and profit?

What about silver ETFs? Which ones are good and actually have physical precious metals?

If you are interested in getting physical when you talk about precious metals what is the difference between allocated and dedicated storage of your physical precious metals. Choose the right one and you’ll get the metal back you placed in safe keeping. Chose the wrong one and you may ve to wait to get the value of the metal back. If there is a run and they have been leasing or hypothcating the metal they had in storage you might have a long wait or have to settle for an IOU.

By the way what is allocated storage? What is dedicated storage? What does hypothication mean when it refers to precious metals storage?

As the time for the webinar approaches I will send additional information an the webinar link to all newsletter subscribers here at PreciousMetalsInvestingcom

 

Listen to the Precious Metals Investing Podcast

You can listen to some of the episodes right here at PreciousMetalsInvesting.com: Precious Metals Investing Podcast

Or even better yet subscribe to the podcast on iTunes here: Subscribe To Precious Metals Investing podcast on iTunes

Android Users can subscribe to the Precious Metals Investing Podcast at Google Play here:

Subscribe to the Precious Metals Investing podcast on Google Play

The Precious Metals investing Podcast is now available as an Amazon Alexa Skill. Simply go to your Amazon Alexa app. (also available on the computer at Amazon Alexa App on your Computer ) Search for the Precious Metals Update and add it to your flash briefing. The next time you say “Alexa play my flash briefing it will play the Precious Metals Update as well as other media clips you have in your Flash Briefing list. You can change the order you have you clips play so if the Precious Metals Update is the one you want to hear first you can put it first on your flash briefing list.

DISCLOSURE: If you purchase items though the links on this site such as the Amazon Links, PreciousMetalsInvesting.com will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site. The content provided here is for informational purposes only. Investor’s situations vary so make sure you consult with your own financial adviser before making any investment decisions. Not all investments are suitable for all investors. Users agree to hold preciousmetalsinvesting.com, its owner and affiliates, harmless for all information presented on the site. PreciousMetalsInvesting.com presents no warranties. PreciousMetalsInvesting.com is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access PreciousMetalsInvesting.com, any linked content, or the reliance on any information on the site. The information contained on this site does not constitute investment advice and may be subject to correction, completion and amendment without notice. PreciousMetalsInvesting.com assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. PreciousMetalsInvesting.com disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result. The information supplied by the experts featured at PreciousMetalsInvesting.com are assumed to be accurate.

Leave a Comment

Your email address will not be published.

Scroll to Top