Texans are saying “howdy” to House Bill 78, which eliminates the sales tax levied on purchases of gold, silver and platinum bullion and numismatic coins. The bill introduced by Texas Representative David Simpson passed both the Texas House and Senate earlier this year and became effective Oct. 1. Prior to HB 78, the sale of…
Fed Puts Tapering Plans On Hold
Precious metals had been dipping for days, but on Wednesday, commodities, stocks and bonds began to rally after the Federal Reserve’s decision to continue its $85 billion bond-buying program. With the economy improving slower than the Fed had hoped, policymakers voted to continue monthly purchases until progress of the economy could be sustained. Back in…
Funds for the Whole Family: Getting Kids Involved in Precious Metals Investing
When you’re passionate about investing in precious metals, it’s natural to want to share your enthusiasm with your family. But this investment strategy can be complicated when you want to teach your children–how do you explain backwardation to your 12-year-old? Or explain your interest in survival silver without giving your 5-year-old nightmares? Here are a…
Clearing the Haze – The Truth about Diamond Investing
There’s no question that 2013 has not been the best of years for gold and silver. Back in April, we witnessed quite a downward turn to price levels not seen since 2010. The “silver” lining in all of this is the fact that you can acquire gold and silver coins at a considerably lower dollar…
8 Surprising Uses for Silver
Silver is well-known as a form of fine jewelry and as an excellent investment, but it’s also highly desirable in industry. In fact, it’s the shifting in industrial demand that can cause the price of silver, as an ETF or as bullion, to be volatile. But what is all that industrial silver good for, anyway?…
