Lately, both the Internet and traditional media have been abuzz, analyzing Bitcoin and its exploding popularity. Since its inception in 2009, the new “crypto” currency has gone from roughly $2 per bitcoin to more than $1000. We’ve heard that some long-term gold bullion investors are intrigued by bitcoins as an alternative means of exchange, so…
U.S. Mint Reports Record High Sales
The economy as a whole may be rollercoastering, but that seems to be good news for the United States Mint, which reported a huge uptick in demand for gold and silver bullion in 2013. Demand spiked in 2013, as politicians and stock brokers alike quibbled over the state and future of the American economy, and…
The Gold-to-Silver Ratio: Where Should it Be?
In a recent knowledge center article, we defined the gold-to-silver ratio as the amount of silver it takes to buy one ounce of gold. As of midday Thursday, Jan. 9, 2014, the gold:silver ratio stood at 62.88 to one. This means that at current price levels, it takes nearly 63 ounces of silver to purchase…
Paper vs. Physical Gold: Their Differences and Why It Matters
There’s a gold civil war taking place right now — one we lovingly call the Clash of Paper Gold vs. Physical Gold. On one side, speculators play the game of futures and options markets. On the other side, physical investors are buying bargain-priced gold bullion in record numbers as a hedge against future instability. Each…
12 Days of Christmas: Gifts for Serious Stackers
Serious precious metals investors know what they want: a trustworthy dealer, low premiums, and a variety of choices. Provident Metals offers all this — and industry-leading shipping prices! Here are some ideas for the serious stacker in your life on Provident Metals’ last day of Christmas gift-giving guide: 2014 Horse Privy 1 oz Canadian Silver…
12 Days of Christmas: Gifts for Gold Lovers
There is nothing like the gift of gold for Christmas. These coins and bars will make your beloved’s eyes glitter with joy in Provident Metals’ 11th day of the gift-giving guide. Mexican 2 Peso Gold coin The peso includes .0482 troy ounces of pure gold and features a portrait of Mexican hero Don Miguel Hidalgo….
