The current economic crisis has people faltering a lot concerning their money and what to do with it, and the usual havens of silver and gold during times like these haven't been acting in the usual predictable manner, but prices of silver and gold are starting to rise, and that should go on for some time.
Most of that has been because of the forced liquidation period where companies sold off their silver and gold positions, among other commodities, in order to get their hands on much needed cash. That in turn caused the U.S. dollar to remain inordinately high even though the underlying fundamentals pointed to it being weaker.
When it comes to commodities, don't get fooled or confused about the current economic situation where all the various market forces seem to be makeing it hard for people to make sound decisions on where to put their money.
Gold and silver will start to perform strongly again as the forced liquidation period unwinds, and investing the gold and silver will be very profitable going forward. The one thing about silver prices that are nice is they are lower than gold, and so investing in silver has a much higher probability of moving much more up in percentages than gold. Of course it depends on what your investment risk comfort zone is, as if you're just trying to hold on to your money, gold during these times should be the preferred investment, even if silver futures and prices have a better chance of going higher.
To me there's no doubt silver prices across the numerous ways of investing in silver will move upward significantly in 2009, no matter what the demand for its use as a raw material. Safety is one of the key factors in investing this year, and commodity prices like in relationship to silver and gold prices will be the safest and probably best investments as well in the near term.
What are some of the many ways you can invest in silver in 2009 and beyond? There's of course silver futures, silver bar, silver eagle coins, silver dollars, silver coins in general and silver bullion, among many others.
The key now is to understand fear will drive the market for some time, and gold and silver prices will rise as a result of that fear, whether its deserved and accurate or not. We don't have to figure that out, we just need to know that silver prices will rise going forward, and keep that in mind as make our silver investment.
Some people are even concerned about their safety, with the idea that things could fall apart. To that end their not only buying silver and gold coins, but silver and gold bullion as well.
So silver as an investment, no matter what form you want to buy silver in, will do well for those interested in buying commodities, and will be among those commodities prices going up. Silver, along with gold will be safe, and give a return as well; something not many other investments will be able to say in 2009, and probably even 2010.
Many people are asking which way silver prices are going, and the answer is up, up, and up. The reason why, as mentioned earlier, is the safety factor and the winding down of forced liquidation by companies usually buying gold and silver in large quantities and futures at times like these.
Keep looking at the silver prices going forward, and don't wait too long before participating in buying up silver futures, coins, bullion or bars.
Silver prices and futures are going to continue going up in 2009, be in the silver market to enjoy that upward movement.
Showing posts with label Silver Bald Eagle Coins. Show all posts
Showing posts with label Silver Bald Eagle Coins. Show all posts
Saturday, February 7, 2009
Tuesday, October 7, 2008
Gold & Silver Bald Eagle Coins Going Fast
... as United States Mint's December 12th Offer Deadline Quickly Approaches
Eagle Foundation Suggests Precious Metal Collectibles as Alternative Investment to Stocks
PIGEON FORGE, TN, Oct 06, 2008 (MARKET WIRE via COMTEX) -- E-Wire -- The non-profit American Eagle Foundation (www.eagles.org) announced today that United States Mint's 2008 Bald Eagle Commemorative Coins are selling very well, and have already raised over $6 million for the future protection of Bald Eagles.
All three legal tender coins (gold, silver; clad) celebrate the successful recovery of the Bald Eagle to America's skies and the upcoming 35th Anniversary of the Endangered Species Act on December 28.
"We're grateful that so many patriots are stepping forward to support our nation's living symbol of Freedom," said AEF President Al Cecere. "Every American should do their part to help keep this majestic bird thriving for generations to come."
Surcharge monies generated from the sale of each coin are being set aside to create a permanent endowment fund benefiting the Bald Eagle's future prosperity, which is managed by the eagle conservation group -- based at Dolly Parton's Dollywood park in Pigeon Forge, Tennessee.
There are only about 32,000 $5 gold, 162,000 silver dollar and 465,000 50-cent clad (copper/nickel) coins left, and they will no longer be offered by the U.S. Mint ( www.usmint.gov) after December 12, 2008.
If every coin in the special limited edition series sells out by that deadline, over $10 million would be raised for the eagle preservation fund.
"This is an ideal time to diversify and buy gold and silver, since the stock market is so volatile," says AEF President Al Cecere. "Traditionally, precious metals have been a relatively secure alternative investment."
The clad coin features the stately image of the celebrity bald eagle "Challenger" ( http://www.eagles.org/aefsplash/), which is the first time in U.S. history that a famous eagle (or animal) and its name have been placed on a legal tender coin.
The silver coin bears the original 1782 Great Seal of the United States, which has not previously appeared on any government issued coinage. The present Great Seal and two young eagles about to leave their nest appear on the Gold coin. The words "In God We Trust" are included on all three coins.
The coin purchase prices are $319.95 for proof gold ($309.95 uncirculated), $43.95 for proof silver ($37.95 uncirculated) and $10.95 for proof clad ($8.95 uncirculated).
"With Christmas quickly approaching, these beautiful precious metal collectibles make wonderful gifts that will be valued forever," said Cecere. "What better way to be bullish on America than to invest in the ongoing care of such a precious national treasure."
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=848280
Embedded Video Available: http://www2.marketwire.com/mw/release_html_b1?release_id=440385
CONTACT:
Al Cecere
American Eagle Foundation
865-256-0372
Email Contact
Web site: http://www.eagles.org
http://www.usmint.gov
http://www.eagles.org/aefsplash/
SOURCE: American Eagle Foundation
http://www2.marketwire.com/mw/emailprcntct?id=F1E34C8F601B6D9C
http://www.eagles.org
http://www.usmint.gov
http://www.eagles.org/aefsplash/
Copyright 2008 Market Wire, All rights reserved.
Eagle Foundation Suggests Precious Metal Collectibles as Alternative Investment to Stocks
PIGEON FORGE, TN, Oct 06, 2008 (MARKET WIRE via COMTEX) -- E-Wire -- The non-profit American Eagle Foundation (www.eagles.org) announced today that United States Mint's 2008 Bald Eagle Commemorative Coins are selling very well, and have already raised over $6 million for the future protection of Bald Eagles.
All three legal tender coins (gold, silver; clad) celebrate the successful recovery of the Bald Eagle to America's skies and the upcoming 35th Anniversary of the Endangered Species Act on December 28.
"We're grateful that so many patriots are stepping forward to support our nation's living symbol of Freedom," said AEF President Al Cecere. "Every American should do their part to help keep this majestic bird thriving for generations to come."
Surcharge monies generated from the sale of each coin are being set aside to create a permanent endowment fund benefiting the Bald Eagle's future prosperity, which is managed by the eagle conservation group -- based at Dolly Parton's Dollywood park in Pigeon Forge, Tennessee.
There are only about 32,000 $5 gold, 162,000 silver dollar and 465,000 50-cent clad (copper/nickel) coins left, and they will no longer be offered by the U.S. Mint ( www.usmint.gov) after December 12, 2008.
If every coin in the special limited edition series sells out by that deadline, over $10 million would be raised for the eagle preservation fund.
"This is an ideal time to diversify and buy gold and silver, since the stock market is so volatile," says AEF President Al Cecere. "Traditionally, precious metals have been a relatively secure alternative investment."
The clad coin features the stately image of the celebrity bald eagle "Challenger" ( http://www.eagles.org/aefsplash/), which is the first time in U.S. history that a famous eagle (or animal) and its name have been placed on a legal tender coin.
The silver coin bears the original 1782 Great Seal of the United States, which has not previously appeared on any government issued coinage. The present Great Seal and two young eagles about to leave their nest appear on the Gold coin. The words "In God We Trust" are included on all three coins.
The coin purchase prices are $319.95 for proof gold ($309.95 uncirculated), $43.95 for proof silver ($37.95 uncirculated) and $10.95 for proof clad ($8.95 uncirculated).
"With Christmas quickly approaching, these beautiful precious metal collectibles make wonderful gifts that will be valued forever," said Cecere. "What better way to be bullish on America than to invest in the ongoing care of such a precious national treasure."
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=848280
Embedded Video Available: http://www2.marketwire.com/mw/release_html_b1?release_id=440385
CONTACT:
Al Cecere
American Eagle Foundation
865-256-0372
Email Contact
Web site: http://www.eagles.org
http://www.usmint.gov
http://www.eagles.org/aefsplash/
SOURCE: American Eagle Foundation
http://www2.marketwire.com/mw/emailprcntct?id=F1E34C8F601B6D9C
http://www.eagles.org
http://www.usmint.gov
http://www.eagles.org/aefsplash/
Copyright 2008 Market Wire, All rights reserved.
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