How and Why to Invest in Rhodium, Platinum and Palladium

Some precious metals get lost among all the headlines and news stories about the ups and downs of gold and silver. Rhodium, platinum and palladium, however, have been inching into the spotlight lately. Some investors like their high potential for price movement, while others are simply intrigued by the “alternative” feel of these unsung elements. Still, most metals dealers are well-versed enough to offer guidelines for buying, storing and trading the three “unorthodox” members of the precious metals family. For those who want to venture past the gold-and-silver paradigm of…

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Are Drones the Next Financial Boom?

Unmanned aerial vehicles (UAVs) are the latest scientific phenomenon to burst onto the scene. Retail and military versions of aircraft that have no human in the cockpit are being built and used at a stunning rate of speed. More commonly referred to as drones, the vehicles serve all sorts of purposes, from top-secret military missions to personal hobby flights. A few retailers have already begun using them for product delivery. One of the most intriguing investment opportunities to come along in years, drones have been called the “next big thing”…

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Bitcoin Goes Mainstream

Bitcoin, the cyber currency with the largest capitalization and daily usage volume, has at last become an investment that anyone can take advantage of. Until late 2015, very few people even knew how to purchase Bitcoin, and fewer considered it to be a viable form of “alternative investing.” How Does Bitcoin Work? The best way to think of Bitcoin is as a computer program or as a specialized mobile app. The app/program includes a virtual wallet and a means by which the owner of the coin can purchase goods. Some…

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Cyber Currency Investing for Beginners

Some say the future of investing is in the cyber currency field, while others warn that the entire sector is rife with scams and potential danger. The truth is likely somewhere between those two extremes, but the fact is, many people have already made small fortunes in the digital currency game and millions of others want in. Others have lost significant sums. Just what does it take to participate in the exciting, futuristic world of cyber currency investing? Cyber currencies are often called crypto currency, virtual money or a combination…

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The Big Bang: How to Profit by Investing in Guns and Ammunition

One of the most exciting new wrinkles in the investing world is the weapons and ammunition sector. The beauty of this strategy is in its diversity: there are stocks of well-known gun and ammunition makers, peripheral products like hunting and target-shooting gear, and the more direct, “survivalist” approach of stockpiling ammunition and weapons. Some alternative and survival investment ideas are one-sided and include either securities (funds or individual offerings from companies in a particular field) or hard assets (like wine, art works and cars). Not to be confused with collectible…

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World Governments Move Toward Cashless Economies

Dozens of national legislatures have made moves toward becoming cashless economies during the past two decades, but so far no nation has “gone all the way.” Several have nearly completed the journey, with mixed results, and one of the latest to make the push, India, is already experiencing growing pains. Counter to the global trend, lawmakers in Germany are dead-set against the idea of cashless society, with large voting blocs on both conservative and liberal sides of the government fully opposed to going cashless. Some economists note that Germany’s culture…

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Will India’s New Precious Metals Ban Affect the Price of Gold?

There has been plenty of strange economic news out of India since late November 2016, and the nation’s social media is abuzz with rumors about a possible ban on gold ownership. In fact, Prime Minister Modi has not banned gold outright, but has put several measures in place that are meant to combat the black market. Instead, his decision has sent world gold markets spinning. Will the Price of Gold Go Down or Up? There’s no telling for certain what PM Modi will do next, but his past actions reveal…

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What Does Brexit Mean for Gold and Silver?

Brexit London Underground Sign

Just a few days before UK voters opted to leave the European Union, financial pundits were making some pretty wild predictions about the possible effect of an exit vote on gold and silver prices. The consensus among major banks and economic think tanks was that Great Britain would decide to remain in the EU and metals markets would remain stable. The “banks and tanks” could not have been more wrong. Just days following the vote, gold had touched a 2-year price peak of $1,358 per ounce before pulling back slightly.…

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Investing in Rare Precious Coins

Old silver cons

In addition to those who invest in coins for their precious metal content, some look to a coin’s rarity as a store of value and as a way to make a profit. But getting a foothold on the precious coin market can be a tricky endeavor. Serious investors should be ready to do plenty of research and enlist the services of professionals when the need arises. What are “Rare” Coins? Coins made of gold, silver, copper, bronze or any other metal are considered “rare” if their value primarily depends upon…

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Investing in Coins for their Precious Metal Value

1oz Krugerrand Gold Coin

Besides coin “collectors,” who view their hobby as a labor of love, there are a growing number of coin investors, those folks who are primarily interested in making a profit on an investment of time and money. Investors tend to fall into the “precious metals” or the “rarity” categories, depending upon how they plan to make money as coin investors. The metals crowd sticks to gold and silver bullion pieces or a small group of heavily traded legal-tender coinage made of nearly pure gold or silver. Those who invest in…

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Investing in Precious Coins For Fun and Profit Part 1

There are countless ways to make coins a part of your investment portfolio. For hundreds, perhaps thousands of years, people have used the metallic value of coinage as a way to store wealth. For modern investors, it is important to make the distinction between coin collecting and coin investing; because the goals and methods of these two diverse activities are quite different. Collectors usually don’t plan to sell, ever Coin collectors are well known amassers of all forms of metallic money, as opposed to “currency collectors,” a completely separate category…

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Current Investment Climate Looks Good for Gold, Silver

The investment outlook for gold and silver is quite positive for 2016. An increasingly unstable stock market, both at home and abroad, could propel both precious metals into new price territory. While gold and silver have been in a several-year slump, many analysts think current conditions are ripe for a turnaround. Here are some of the reasons that individual investors might want to add silver and gold to their portfolios soon: Gold and silver are at extremely low prices now, compared to the past decade. What is the evidence that…

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Smart Ways to Invest in Art, Coins and Other Rarities

Abstract painting

Plenty of investors get bored with the standard lineup of traditional and alternative investments. . Even precious metals can be ho-hum for people who want a bit of intrigue in their portfolios. Excitement need not be high risk. In fact, selecting the right mix of collectibles like art, coins, stamps and antiques can be a fun way to earn income on a portfolio. Whenever the world’s major investors have a good year, they tend to put some of their extra cash into collectibles like rare coins and works of art.…

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Gold and Silver Face an Uncertain 2016 as China Meltdown Looms

China, Gold, and Silver In another case of silver following gold in world markets, both metals essentially stayed parked within a narrow price range amid China’s economic troubles and the upcoming end-of-year financial reports by the U.S. government. Most metals analysts were expecting both gold and silver to tick upward in the wake of China’s continuing bad news. Just last week, the Asian economic giant revised an already poor growth rate downward, solidifying a dismal year for the world’s second-largest economy. However, many retailers who buy and sell precious metals…

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The Real Ben Franklin: Pioneering Investment Strategist

Benjamin Franklin Investor There were no hedge funds or money managers or investment bankers in the 1700s, at least no one specifically referred to by those titles. The world was a much different, harsher place. The business environment, or what there was of it, was in its infancy. So how is it that the son of a candle maker who received no schooling after the age of 10 went on to become one of the most influential Americans who ever lived? Sadly, Benjamin Franklin’s most famous saying is routinely misquoted,…

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Alternative Investing in Silver: Why It’s the Best Precious Metal Choice for Investors

Five Reasons Silver is a Brilliant Alternative Investment Entering the precious metals market as an alternative investor or saver is almost always a smart move, provided you remember to follow a few guidelines. Many financial pros say it’s a good idea to keep about 10 percent of your portfolio in either gold, silver or other precious metals like platinum and palladium. Those of us with a penchant for alternative investing strategies tend to bump that number up to around 25 or even 50 percent. But before you leap into this…

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