Silver Supply Dwindling So What is the Future of Silver?

 

What Is The Future Of Silver?

 

Demand for silver is increasing. 2014 sales of Silver Eagles reached an all-time high at 43 million coins sold. Besides being a valuable investment tool, silver has many industrial uses, including consumer electronics and medical supplies. China has gone from being a major silver exporter to importing silver. U.S. demand for silver is also up, having imported 531 more tons of silver last year. At the same time, the supply of silver coming out of mines is decreasing. Mexico's production of silver has decreased by 12%. Silver mining companies are seeing decreased productivity across the board. Are we simply running out of available silver?

 

It may be tempting to run around screaming that the sky is falling right now. However, for an investor who remembers what they learned in economics class one may consider the opportunities inherent in the rising demand and falling supply of silver. The demand for silver in the industry is fairly inelastic. This is partly because not much of a real cash value in this precious metal is found in a DVD player compared to the final value of the electronic device. Most of the demand comes from the fact that millions of DVD players and other consumer electronic devices are sold every year, and very little of it is reclaimed from non-functional devices.

 

The demand for silver jewelry as a relatively inexpensive alternative to gold has skyrocketed. When the price of gold hit the roof, many jewelers turned to silver as an affordable alternative. Browse any online jewelry store and where gold jewelry used to fill up the pages, you will now see tons of silver jewelry and gold coated jewelry. The affordable gold jewelry of today is really just a coating of color over sterling silver. The demand for silver simply has not subsided despite the fact that an increased value on silver may force prices to go up. The price is rising and may continue to rise for as long as this bottleneck in physical silver goes on.

 

Is now a good time to buy silver rounds, silver coins, and silver bars? Your Precious Metals IRA should contain a healthy amount of silver, you might also consider gold and platinum, simply for the sake of a diversified portfolio. Due to silver's attractive pricing and many advances in the precious metals industry, people are flocking to precious metals as a safe haven investment.

 

Many future-minded industrialists are talking about mining asteroids for precious metals like platinum, palladium, gold and silver once the idea of privatized space operations really takes off. This is no joke. Asteroids that were estimated to be worth $1 trillion in metals and other substances that are useful to the industry have passed closer to Earth than the Moon's orbit just recently. Even so, the sky hasn't fallen – yet. These ideas just show how short our supply of silver actually is. This is something to think about if you are interested in a long-term investment strategy that may have benefits beyond the dollar value. For the short-term, silver may be a good buy for the sake of having an investment medium that you can hold in your hand and sell at any time. However, while the value may drop, it has never been worth zero. Long-term silver investments have been though most profitable if you look at historical figures.

 

Precious metals are valuable investments for any diversified investment portfolio. Physical silver is something you can hold in your hand, and it has many uses in the electronic and fashion industries. Demand is up, supply is dropping and may continue to drop. Ideas such as a sustained asteroid mining operation is a long way off in the future and may never actually work. The price of silver is beginning to reflect the drop in production.

 

To learn more and to invest in your own silver bars, silver coins, or silver rounds, contact Capital Gold Group at 1(800)510-9594 or visit startwithgold.com today!

Modern Day Silver Heist in Canada

 

 

Modern Day Silver Heist in Canada

 

If anyone thought the demand for silver was down, they were sadly mistaken. Not only do many people treasure silver because of it's antimicrobial properties they value the fact that it is practical because of its use in electronics. There are many who also still see it as a sign of wealth and prosperity. All that being said, those with a large stash of silver need to protect it. The recent events in Montreal will tell us why we must protect silver with a powerful, safe and guards around the clock.

The internet is buzzing with the recent story coming out of Montreal, Canada. Wednesday, September 2, 2015, three hundred and fifty security cameras couldn't stop the Canadian heist of the century. 16 tonnes of silver being hauled in a Maersk shipping container was hooked up to a stolen, white 1997 Freightliner truck. From there, the silver and the truck seem to have disappeared into thin air. The cargo of precious silver metal was stolen from the Port of Montreal. Reports say the container itself was located on Saturday, in Repentigny, Quebec. The container was near Salomon-Juneau and St-Paul Street, in a residential area. However, the semi-trailer and the 16 tonnes of silver, worth roughly $10 million Canadian and $7.53 million US, have vanished.

This brazen heist has shocked the Canadian police to their core. Police had no idea that anything fishy was going on until sometime after the truck filled with valuable silver had left the port. These thieves managed to bypass all security and checkpoints at the port. A theft in broad daylight like this suggests that a plan had been laid in pace beforehand. It also goes to show that gold is not the only precious metal desired by crooks and criminals.

The truth is that those who own precious metals cannot underestimate silver. It must be locked up and properly protected at all times. Despite the fact that some companies are toting "Home Storage" IRA's to save people money, the truth is that beyond heavy IRA fines and penalties, it's just not safe.
Many people may think it's okay to brag they own silver and show it off. The truth is that it's not. Silver is seen as a valuable item and should be protected in a secure vault just like cash or gold. Silver is cash, and we've seen the price become more affordable lately. Since it's become so affordable, people are stocking up. It's not a good idea to keep the metal in your home for many reasons. If the Canadian heist taught anyone anything, let's hope it's that silver deserves the same respect as gold or cash.

This valuable commodity is beautiful, desirable, and may shoot up just like we saw gold do. There's no reason to take a risk. Proper storage and protection will guarantee the safety of your family's assets.

Most people choose an investment in silver to protect themselves against market risk. Don't turn around and put your wealth at risk by not storing it properly. Capital Gold Group, Inc. guarantees proper shipping and storage, so this doesn't happen to you.

 

Contact Capital Gold Group, Inc. today at 1(800)510-9594 today for a safe investment and transfer of silver to your Self-Directed IRA.



Many Reasons Why Silver is an Excellent Long-Term Hold



Many Reasons Why Silver is An Excellent Long-Term Hold

 

When you mention the word silver to someone, you might see a little glimmer in their eye. When we think of silver, we most often think of a shiny, beautiful item. Silver has been around for a very long time and has endured longer than almost any other investible item because it is desirable, useful, and investors want to put their money behind items like silver.

Precious metals are a volatile market to invest in. The reason is quite clear. The world seems to be trying to leave precious metals in the dust, but it's never happened. Metals such as silver endure the test of time. Fiat currencies cannot break away from the value people place on items such as silver.
One might ask themselves, why are the markets trying to break away from precious metals? The answer is quite clear. It's the same reason that coins are no longer made of gold and silver. There's simply not enough to go around.

Why does an item have value? An item has value because people agree that it has value and is worth a certain amount. Silver is one of those items that has been assigned a significant value for thousands of years. Interestingly enough, recently silver has become greatly undervalued. This creates a great opportunity for investors to snap up physical silver for a long-term investment.

In the year 1477, silver was assessed a much greater value than it is today. The interesting thing to note is that we use silver today in many industrial applications. Silver was valued at almost $1,000 an ounce in today's dollars. It was an item that only the rich and royal had access too. Now that silver has become of use in industrial purposes and more affordable, the question is have we undervalued it too much?

Silver has an awfully long way to rise. The cost of mining silver is expensive. If prices do no rise, the mines will close. since silver has become the go to metal for photography equipment and electronics, this would cause some major problems. Silver is so useful that most people do not even realize that a lot of the products they use have silver in them.

The economy has been bad in the U.S. Many experts believe this is why the price of silver has stayed affordable. In a healthy economy, many experts predict that the price of silver will begin to reflect its usefulness. The truth is that consumers still aren't buying a lot. Once they start buying items like washing machines and electronics like computers, all made with silver, then the price will begin to rise to meet the demand.

Investors should not forget that silver is in high demand in the jewelry industry. Ever since the price of gold skyrocketed, more jewelry than ever is being made from silver. Most of the affordable "gold" jewelry found online today is silver plated. The uses for silver have risen steadily and the price of silver has not caught up yet.

There's no time like the present to invest in silver. It's affordable, useful, and has stood the test of time. Many believe the silver market will explode when consumer confidence and purchasing rises. Buying silver now and making it a long-term hold is a good idea for any investor. With more practical uses than ever, silver is quite possible the world's most useful metal.

To purchase your own silver bullion and silver coins, contact Capital Gold Group, Inc. at 1(800)510-9594 or visit startwithgold.com today!

Collectible Coins America the Beautiful

America the Beautiful is a series of five-ounce silver coins. Minted from the year 2010 and scheduled to continue until the year 2021, the United States Mint issued and continuously issues these collectible coins. However, with the Secretary of the Treasury’s discretion, the issuance of the series may extend until the year 2033.

Almost all of the America the Beautiful five-ounce silver coins that are being released have designs of U.S. national sites and parks. The Hot Springs National Park was issued in 2010, Glacier National Park was issued in the year 2011, Acadia National Park in the year 2012, and White Mountain National Forest in 2013 to name a few. Until the year 2021, there will be specific designs depicting national and historic sites and parks. These designs will include Bombay Hook National Wildlife Refuge to be released this September, Cumberland Gap National Historical Park in the year 2016, and Ozark National Scenic Riverways in the year 2017. The designs aim to give awareness to people that said site or park is considered a national site, and for the locals to be proud of their own places.

The front view of the America the Beautiful coin will portray a portrait of George Washington in a restored version of the original portrait used for the 1932 Washington Quarter. 

The US Mint started selling uncirculated 40-coin rolls and 100-coin bags of silver bullion coins with the San Francisco mint mark. The designs showed the El Yunque of Puerto Rico. This selling continued and in the year 2013, there was a 1.4 million mintage for each design, solely in the San Francisco mint. 

The set of coins was not part of the 2012 uncirculated sets or the three-coin America The Beautiful coin sets, composed of uncirculated “P”, “D”, and proof of “S” specimen. There was no “S” mint-marked in the circulation. 

In the U.S., there is a direct Mint sale of the bags and rolls which continued even with the 2013 America the Beautiful silver coin issues. 

In December of 2010, collector versions of the America the Beautiful Silver Bullion Coin Program were released. The collectible coins featured an uncirculated finish with “P” mint mark. The “P” mark means that there were being struck in Philadelphia. However, there was only an estimated 27,000 mintage of the collectible coins resulting in insufficient time to strike more. This created issues with the silver bullion coins and even with the America the Beautiful Five-Ounce series. 

This forced the Mint to issue Hot Springs Coins in the year 2011, making it highly in demand for the first hours of its release. In fact, there were 19,000 orders for the first nine hours of availability. Each coin was sold for $279.95. 

Whether you are going to buy America the Beautiful coins for investment or collection purposes, you only need to trust one precious metals firm, and that is Capital Gold Group, Inc. Capital Gold Group, Inc. knows precious metals very well. They will listen to your plans either for investment or for your collection. Collecting and owning an important part of history is a valuable investment, for pleasure or financial gain. 

To get your own America the Beautiful Five-Ounce Silver Coins, contact Capital Gold Group, Inc. today at 1(800)510-594 or visit startwithgold.com or visit behance.net/capitalgoldgroup.

Silver Sports Trophies Prove Americans Love Silver

Now that the Miami Heat has won the National Basketball Association championship, another major sports achievement is being acknowledged with a silver trophy. The trophy for the Larry O'Brien NBA Championship is comprised of an impressive 14.5 pounds of sterling silver and vermeil with an overlay of 24 karat gold in the shape of a basketball traveling through a net. Made by Tiffany & Co., this trophy has a $13,500 value and will be kept by the winning team for a full year. More recently, the National Hockey League's Stanley Cup was won by the Los Angeles Kings. This massive cup is a century-old symbol of championship in professional hockey and it is made from almost 35 pounds of silver.

All throughout history, even during the ancient athletic competitions once held in Greece and Rome, silver trophies have been exceedingly popular. Sterling silver became the metal of choice for sports trophies in the 18th and 19th centuries when honoring great achievements in boating, horse racing and even early auto racing. One of the most famous examples of the long-running fascination with silver sports trophies is the intricately designed America's Cup, which is made entirely from sterling silver. This astounding trophy was placed on show at the home of the world's yachting champions; the New York Yacht Club for 125 years. After which, the Golden Gate Yacht Club became the acting steward for this impressive award. The America's Cup went to the winner of the renowned international yachting competition after it was held in July 2013 in San Francisco.

In February, the Vince Lombardi Trophy, an embodiment of NFL greatness, will be passed on to the NFL Super Bowl winner, with the New York Giants being the current title holder. In English football, auto racing, basketball and many other pro sports throughout the world, trophies are being made in sterling silver as a sign of the very top in the field. There are many other examples of silver being the preferred precious metal for trophies in professional sports. The Commissioner's Trophy in Major League Baseball is awarded to World Series champions and the Borg-Warner Trophy is passed on to the winner of the Indy 500.

In order to understand how important and valued this material is for recognizing accomplished athletes and teams, consider the vast amount of silver trophies awarded across many, very different sports. Awards are passed out at the world's oldest tennis tournament as well as at other, major tennis competitions. The gentlemen's and ladies' singles competitors who best their opponents on Wimbledon lawns throughout a grueling two-week challenge and receive first prize are given an engraved, sterling silver tray measuring 18.5 inches. It is known as the Venus Rosewater Dish for women and an engraved, sterling silver cup for men that also measures 18.5 inches. The Coupe de Suzanne Lenglen and the Coupe des Mousuetaires, both made of sterling silver, are given respectively to those who win the men's and women's singles tennis championships at the French Open. Thus, there is nowhere in the sports arena where silver is not heavily valued for its ability to appropriately honor outstanding physical achievements in a timeless and truly emblematic fashion.

To purchase your own silver bullion, contact Capital Gold Group, Inc. today at 1(800)510-9594 or visit startwithgold.com!

Legendary Hidden Silver Dollars in the Ozarks

Have you ever heard of the legendary stash of silver dollars hidden in the Ozarks? The legend begins back when the early European settlers first came to North America. When Spanish explorers came up the from the Gulf of Mexico on the Mississippi River in search of precious metals, they found themselves in the upper reaches of the White River. There they found Indians mining silver.

The Spaniards bartered with the Indians and ended up with so much silver that they couldn’t manage to take it all back with them. So the Spaniards turned the silver into ingots by melting it and pouring it into musket barrels. They stashed the precious metal in natural caves around the area with intentions of returning to claim it. Unfortunately, they never did.

In the 1820’s the silver was found by a family who settled in the area by the name Yocum. They decided to slice the round silver ingots into coins and stamped them with their family name. These became the Yocum silver dollars and were supposedly worth more than even the silver dollars minted by the United States government at the time.

Some versions of the legend claim that the Yocham family worked the silver mines themselves and left when they heard rumors that there were promises of gold out in California. A descendant of the family claims that relatives in Kimberling City had the molds of the coins, but no actual proof of the coin has ever surfaced.

One scholar believes that the legendary coin is a fabrication of misinformation. Yocham is a Hungarian name and the story may have originated from the coin the Yocham “Stalard.” This coin was minted in honor of a Hungarian bishop, Bishop Yocham, who became a saint. As stalard is a similar sounding word to dollar. It could be that a Hungarian coin was mistakenly thought to be a dollar and created the legend of the Yocum silver dollar.

Another unfortunate note that discredits this legend is that geological area of the Ozarks does not produce any consumable amounts of silver. What the area does have is “fool’s silver” which is a mineral called galena.

However, there is some remaining speculation that the legend could be true. A man named Mike Brittain, whose ancestors had made a homestead in the Ozarks, had copies of diary pages and a portion of a map. Someone made the map while doing research in the National Archives in Washington D.C. The piece of map indicated a sign, a cave, and a Spanish fort. Mike claimed to have found what remained of the fort’s foundation but not the cave. The last words of the excerpt were from a man who was trying to escape Indians and about the silver coins he found in the cave.

The story is rich and exciting whether the legend proves true or false. It is also interesting to note that United States silver dollars that were minted around the same time as the legend are worth a minimum of $200 these days. So if the legends were to be true, these legendary silver dollars would be worth a hefty sum.

To collect your own U.S. Silver Dollars, contact Capital Gold Group at 1(800)510-9594 or visit startwithgold.com. You can also visit behance.net/CapitalGoldGroup for a better look at specific collectible coins that Capital Gold Group can offer.

Silver Fillings Are Safe Experts Say

Cavities are among the most prevalent dental problems that people experience. To treat the tooth cavities, many patients opt to get fillings. This process entails removing the decayed tooth matter and filling that area with a metal amalgam or dental composite to restore the tooth’s structure. The dental amalgam is made from a blend of metals that include mercury, silver, tin, and copper. This type of restoration is more commonly known as a silver filling.

Are Silver Fillings Safe?

The dental amalgam constitutes 50% mercury. The mercury is a crucial element as it binds the metals, to provide a strong, hard, and long-lasting filling. However, some are worried that the mercury content is harmful to human health. Mercury in the silver fillings is not poisonous. When this compound is combined with other materials, its chemical nature stabilizes. 

The quantity of mercury released in the process of chewing is negligible, and there’s no cause for alarm. In actuality, the amount is less than what individuals are exposed to in foods, air and water. Credible scientific research has certified that the amalgam filling is safe and efficient for filling cavities.

Benefits of Amalgam Tooth Fillings

Durability

In the field of dentistry, silver fillings have been in use for over 100 years. One of the reasons for this preference is because of the durability. Silver amalgam fillings are sturdy and can, therefore, endure the forces of chewing. The strong nature also makes them less prone to breaking, compared to other types of fillings such as composite or ceramic. Typically, they can last up to seven years before requiring replacement.

Economical

If you have a limited budget for your tooth decay treatment, consider getting a silver filling. It is less costly and is broadly used as a cost-effective form of filling.

Less Sensitive

The silver fillings can be used in treatments that involve areas of the mouth where moisture control is a problem. Unlike composite resin, the amalgam fillings tend to be less sensitive to moisture. 

Ease of Placement

Gold and porcelain restorations usually take longer; hence they require at least two dental appointments. Contrary to these, the silver amalgam fillings can be completed in a single dental visit. This makes them ideal for children and special needs patients, who may have a hard time remaining still in the course of treatment.

Safety Considerations

Although rare, there are incidences where a patient may be allergic to mercury. If you suspect that you have an allergy to mercury, you should notify your dentist before getting a silver filling. Your physician will test you, and, if necessary, advise you on alternate treatments. The most appropriate substitute is the gold filling as it's as durable as the amalgam type.

Moreover, if you develop hypersensitivity to the silver fillings later on, you should seek medical help. Your dentist is likely to recommend replacing the restoration with another material. The boon to working with health professionals is that they will provide you with sufficient information so that you can make an informed decision regarding the filling material to choose.

Conclusion

The dental amalgam is the most recommendable type of tooth filling. It is cost-effective, safe, durable and can be placed in the tooth cavity quickly. Most people don't realize how useful materials like gold and silver are. They have many practical applications. This is one reason precious metals have remained a safe investment and in high demand for thousands of years. Fads like cyber currencies come and go, but an investment in precious metals will last a lifetime.

Visit Capital Gold Group at startwithgold.com or contact them at 1(800)510-9594 to secure your future with an investment in precious metals today!