History Of Precious Metals Investments

For ages, precious metals like gold have been used by investors as a source of value and investment. They are used to diversify an investor’s portfolio and are frequently seen as a safeguard against political and economic unrest. This article will examine the history of capitalizing on precious metals from prehistoric periods.

Ancient Times: Gold & Silver Used as Money

The earliest evidence of precious metals being used as money dates back to 600 BC. This began with the Lydians, who created coins out of electrum, a naturally occurring alloy composed mainly of gold and silver. These coins were then accepted in trade, and soon other civilizations adopted this practice.

Pharaoh Menes declared gold’s value around 3100 BC in ancient Egypt by stating, “One part of gold is equivalent to two and one-half portions of silver in value.” Later on, Darius, I established an 8.4g 95% pure gold coin equivalent to 20 silver coins at the time – giving rise to modern centralized monetary systems where the government had control over the minting of currency.

The Greeks, Carthaginians, and Romans also used gold coins for currency. The Roman Republic officially adopted gold and silver in 300 BC – leading to the creation of the Aureus coin 250 years later. Even after Rome’s fall, the Byzantine Empire continued using gold coins in Middle Ages.

The Middle Ages: Gold & Silver Used as Currency

During these periods, coins made of gold and silver were frequently used as a form of exchange throughout Europe. Particularly, early investors utilized the Venetian Ducat, the most widely used coin of the time, to buy goods from the East. The value of this coin was based on its gold purity and weight. It served as a medium of exchange for merchants throughout Europe until it went out of circulation in 1567.

The Norman conquerors who invaded England in 1066 also contributed to using precious metals as currency by introducing their version: the pound. This term referred to a pound of silver, still used today as Sterling.

By the 14th century, England had adopted gold as its main currency. This was represented by the Noble coin – a valuable and widely accepted form of money throughout Europe. Other prominent coins then were the Italian Florin and German Augustalis, introduced by Frederick II of the Roman Empire.

The Spanish Conquest: New World Gold Causes Economic Turmoil

The Spanish Conquest of the Americas in the 16th century profoundly impacted precious metals investments. The conquistadors returned to Spain with vast amounts of gold and silver, which caused massive inflation in Europe. This became known as the “price revolution” and doubled prices by 1560, only decades after the Spanish colonization of Peru and Mexico began.

The influx of American bullion put major pressure on the Spanish economy and caused further financial problems due to the costs of maintaining an empire so far away from Spain. The Casa de Contratacion was established to collect taxes but soon became bogged down in bureaucracy. This added additional strain on home resources, ultimately leading to Spain’s decline.

Modern Times: Gold & Silver As A Safe Investment

The modern era has seen gold and silver become increasingly popular as a safe investment option, with many stockholders choosing to diversify their portfolios by including them. President Nixon’s decision to withdraw the US from the gold standard in 1971 instigated a surge in investors looking to hedgerow their investments in precious metals. Companies like Gold Avenue are popping up all over the place.

ETFs for gold and silver first emerged from the index investing phenomenon in the late 1990s and have gained admiration among stockholders since then. These make investing in gold or silver more reachable by enabling investors to do so without actually possessing the metal. Introducing digital currencies like Bitcoin has also been a game-changer in the precious metals investment market. It is nowadays likely to purchase and sell gold or silver using these new digital assets, making them a viable alternative to traditional investments.

In addition, economic uncertainties like the closure of banks and high inflation due to Covid 19 have led many investors to move toward gold and silver as safe assets. This is because gold and silver have long-term value and are in limited supply, making them ideal investments to protect against a recession or economic downturn. Notably, the pandemic-induced price increases have augmented investors’ interest in gold, making it a smart investment during uncertain periods.


For centuries, precious metals such as gold and silver have been used as currency from ancient civilizations throughout medieval Europe until modern eras. They are often viewed as a safe investment due to their capacity to protect investors against economic risk and political uproar, making many people throughout history invest in these assets for financial security.

Today there are numerous ways of getting exposure to these markets, including ETFs which give individuals access with less capital outlay than physical ownership would require. In addition, recent happenings such as the Covid-19 epidemic have increased gold and silver investments as stakeholders look for a haven asset.

Checkout companies like Gold Avenue if you are looking to make an investment.

Are American Eagle Silver Dollars A Good Investment?

The price of silver has doubled in the past ten years and many people, such as investors, wonder if it’s a good idea to buy silver coins.
I found this article on Reddit which says that due to their value change: “Now, you should be able to buy an ounce of bullion for about $5.59.”

I would recommend buying some if you’ve never bought them before! It doesn’t cost much upfront, and the investment is always more than what you pay. As with any investment – like stocks or real estate – there will be risk involved. There are no guarantees that the price of silver will go up or down, but it has proven a good investment over the last ten years.

You can buy bars and coins online and at certain coin shops. Many different places are selling silver coins and bullion. I bought a roll of American Eagles online through JMBullion.com, which was very easy! After you buy silver, it is essential to store it safely – otherwise, you could lose money on your investment! Both the coins and bars come in plastic capsules, so they are hard to damage when not used.

Are American Eagle Silver Dollars A Good Investment?

When it comes to storing, there are many ways of doing so. There are options of buying a safe, a “blue box,” or even locking it up at the bank. I would recommend a safe – I bought one for about $150. Since the silver is worth more than the safe itself (and more than other forms of storage), I think this would be the best choice for storing your investment.

I would recommend buying Silver Eagles. Some people find that purchasing the Silver American Eagle coins is a good investment because of their collectibility. If you give them as presents, you will have a chance to make money with their increased value when they’re sold in the future. Silver coins, such as Silver Eagles, are also great for investment because they cost so little up front, and the value typically increases over time.

Bars can make suitable investments because they cost less upfront. They also have an increased resale value, which you could use for a higher purchase down the road. Silver bars will typically be easier to store, as well. One way to keep silver bars is by putting them in a safe. If you opt for this form of storage, you will have to buy one first!

Safes are great for storing silver bars because they are easy to get into and hard for someone else to try and get into without you knowing it! You can buy a small safe at most hardware stores, big-box retailers, or even online at places like Amazon or Best Buy. More secure safes, such as a safe that can lock automatically and electronically, are also available.

Storing silver in a bank isn’t as secure as other storage options. Even if you keep it in the bank, there is technically a chance that someone could steal it. It can also be stolen or vandalized when you withdraw or deposit your money. You can also buy a safe deposit box to store silver bars in and keep some of your money there! The advantage of this type of storage is that you can see your investment at all times. It would be great for people interested in growing the value of their investment and silver bars rather than just buying a safe. You can also get the money out whenever you need it, and it’s safer since they store it at a bank.

Are American Eagle Silver Dollars A Good Investment?

Risks involved with investing in Silver: Anything that has value can decrease or increase in price. Investing is knowing what risks you’re taking and how much money you want to support! Investing risks are theft, fire, loss, or damage to possession if not stored properly. You could also lose money by placing the investment in the wrong market or the wrong type of investment. If you buy an asset that doesn’t do anything over time, it can still be considered a loss!


When buying silver online, make sure you’re buying from a reputable company!

If you want to buy a certain quantity of silver, it’s always better to buy in bulk and save money! You can also check out local specialty stores that may be able to give you a discount as well. Buying silver is a significant investment that can be quickly done online. There are many places to buy silver, some of which are much cheaper than others. Buying silver online can be straightforward and doesn’t take much time. Buying silver online will show you various companies, each with its pricing. There are many places to buy silver online, and looking for the best is worth the time. If you want to purchase silver, look for a reputable company that’s been around for a while. You can also check local specialty stores that may be able to give you a discount as well.

How Does Gold IRA Work?

Gold IRAs have been around for a while now, but they are still not widely used by individuals. The first use of IRAs was in 1974 when retirement savings plans were introduced. The idea of the IRA was to provide tax-deferred retirement savings accounts as an option for individuals who do not qualify for pension benefits or private pensions. This allowed investors to save for the future without having immediate access to their money and receive tax deductions and tax deferral until retirement.

What is Gold IRA?

A Gold IRA is a type of Individual Retirement Account (IRA) where instead of the standard stocks, bonds, mutual funds, or even cash that is used as retirement savings, gold investment is made in the IRA. It works much like any other IRA, where the account holder can make regular contributions to the account and earn tax breaks over time. The only difference with a Gold IRA is that it offers you similar benefits as taxable accounts but with the added security of having actual gold backing your investment in case the market crashes.

How Does Gold IRA Work?

Different Types of Gold IRAs

There are three types of Gold IRAs: Traditional, SEP, and Roth IRAs. They work a little differently and have different tax implications depending on whether you are in a higher or lower tax bracket.

Traditional Gold IRA

The Traditional Gold IRA is the more commonly used of the two, allowing for tax-deferred growth of your account. This allows you to maintain ownership of your gold which will increase with price gains and decrease with any losses incurred by the market. When you open your account, all of your gold is purchased from the U.S. Mint at the current market price and is then sent to a licensed depository in the state of your choice for storage. When you are ready to cash out your account, you can request its release and receive your gold immediately through insured overnight delivery or send payment with an insurance certificate to the bank which holds your gold. They will release it back to you directly.

Roth IRA

The Roth IRA is a more flexible option for holding gold and an excellent choice for those who want to own physical gold as a literal form of savings. With taxes already paid on your original contributions, the principle of the Roth IRA is cashed out tax-free at retirement like IRAs usually do. The only condition is that you have to take out all of your money by the age of 59 1/2 and pay a 10% penalty if you don’t.


There is also another type of Gold IRA called a SEP Gold IRA. This account is for small businesses that don’t meet the requirements of the other IRAs or the small self-employed and those with a company they run as a sole proprietorship. The only difference is that you can contribute up to 25% of your income without worrying about extra taxes or penalties.

Benefits of Gold IRAs

1. Tax Deferral on Dividends and Capital Gains

Dividends on gold investment compounding are tax-deferred, meaning you do not have to pay tax on dividends until you withdraw the money. Similarly, long-term capital gains on gold investment profits held for one year or longer are also taxes-free.

2. Retirement Income Investment Protection

The IRA gives you a more secure method of investing, as your gold investment is not subject to any market crashes and is insured against theft or damage. You can rest assured that your retirement savings are safe if the market drops.

3. Protection Against Inflation

When you invest in a traditional IRA, the money in your account has the potential to grow and increase with price gains over time. However, inflation can also take a toll on your savings, reducing their real value as time goes by. Gold is a hedge against inflation and sometimes can even offset or outweigh its effects.

4. Tax Deductions and Tax Exemptions

The most significant advantage of owning a Gold IRA is the tax deduction and tax exemptions you get when making contributions to your retirement account. You can deduct $5,000 a year as contributions to your traditional gold IRA as long as you meet specific requirements set by the IRS, but it may be increased up to $6,000 due to inflation.

Roth IRAs also come with similar tax exemptions and deductions if you meet specific requirements, which are even higher at $6,000 for single filers and $10,000 for married couples filing jointly.

Disadvantages of Gold IRAs

1. Higher Risk of Loss

Gold IRA account owners are potentially exposed to higher market risks. For example, if gold prices decrease drastically, you can lose money quickly. Even with insurance offered by Gold IRAs, there is no guarantee that your gold will be returned to you in case of theft or other events. However, these risks can be mitigated by learning to manage your portfolio and investing at the right time during specific market conditions.

2. Taxes

Although Gold IRA is free from taxes until retirement, you must pay taxes whenever you withdraw your funds. You will have to pay a 10% penalty if you don’t take out the money within the following year. However, certain exceptions apply with IRAs such as this and may extend this period for some individuals.

3. Gold Inventory

Gold IRA owners must have gold available for delivery to their depository accounts. You must keep at least 3,300 ounces of gold annually in your account. This is typically the “minimum burden” and would generally be the only way to obtain a traditional IRA endorsement for gold. However, there are other ways to establish a Gold IRA without having any gold, regardless of this specific requirement.

How Does Gold IRA Work?

Why Can I Fund My Gold IRA?

For most people, the best way to set up a Gold IRA account is to purchase gold and transfer it into an account. However, there are specific requirements that you need to meet to do this legally. The IRS stipulates that you must buy at least $5,000 worth of gold each year, known as the “minimum burden.”

How to Open a Gold IRA Account?

Many firms offer gold IRAs, and you can choose the one that suits you best. The process can be done quickly by filling out a form, making a payment, and transferring your gold into your account. You mustn’t use the same account number for multiple accounts in case the IRS catches up to you on this issue.

What’s The Best Precious Metal To Buy Right Now?

Investing in gold is one of the best things that you can do to prepare for what might happen in the future. The more uncertain society becomes, the more precious metals like gold will be worth it. But there are so many different types of gold, and people often don’t know which type to buy. Do you need a 24-karat pure gold, or would 18 karats be quicker to sell? What about silver? Platinum? Here are some facts about each precious metal that should help you decide where to invest your money.

What’s The Best Precious Metal To Buy Right Now?

Most people have been waiting for the price of gold to drop for years, and when it does, they will jump in and make a profit. But millions of people are about to be disappointed because it is unlikely that the price will drop soon. You can ensure you won’t be among those who are upset by knowing how the market works. When it comes to investing, there is no better way than investing in precious metals because they have the advantage of paying good dividends while also being able to increase their value over time. However, there are many different types of precious metals, and if you don’t know which one to buy, it will be hard to predict whether you will make a significant investment. So here’s some knowledge with everything you need to know about investing in gold.

What’s The Best Precious Metal To Buy Right Now?

What is Gold?

Gold is an abundant metallic element in the earth’s crust. It usually comes from the minerals within the world and other places through mining. Gold was discovered thousands of years ago by early people. Once humans found it, it became one of the most coveted things worth giving or getting for many reasons, including being used as jewelry and a means of decoration, among other uses. The metal is usually found in the earth’s crust and is refined and extracted by humans. The color of gold is generally yellow, but in rare cases, it can also appear a reddish brown or even a pale pink color. It has been used from the beginning of time to make jewelry because it can be shaped into different forms and bend, but it does not break easily, unlike other metals.

Importance of Gold

Gold is considered an excellent investment that many people have made over time to earn significant profits without putting too much hard work into making that profit. If you are saving for retirement, there is no better way to save than to invest in gold because it will increase in value over time. Many different types of gold are available in the market, including yellow gold, white gold, platinum, and even palladium, which has started gaining popularity as a precious metal because it is scarce.

Gold is an excellent investment because it can last thousands of years and retain its exact value. It is considered one of the essential investments today because it will continue to hold its value and increase over the years. It is something that many people are not able to get from other investments, including stocks and bonds, so when you see that gold is going up in value, it is an excellent time to buy.

The other great thing about investing in gold is that it can pay huge dividends yearly. Many companies who invest in gold also sell their gold for massive profit because it’s always been a good thing for companies to make money and continue making it over the years. If you are expecting any dividend payments from this investment, you will be happy because they tend to be a large amount of money every year.

What’s The Best Precious Metal To Buy Right Now?

What is the Price of Gold?

Gold’s value has risen steadily over time, and it has been a great thing for investors because they can make money while keeping their investments safe. The price of gold tends to depend on the costs of other goods and gold because if there is a lot more gold in the market, the price will also increase. Since gold prices rise yearly, it is an excellent idea to buy a lot at once to sell off what you don’t need for profit.

What is Yellow Gold?

If you want to buy gold that has the most value for its color, then you should make sure that it’s yellow. Yellow gold is one of the most popular and effective forms of investment because it frequently increases in price every year and even more than this. Many people like to buy yellow gold because it’s very eye-catching and looks great for jewelry pieces.

Gold is usually mined from all over the world, but some of the best places include Russia, the USA, South Africa, and of course, China, which has many mines that many companies run.

Let’s Discuss the Changes at CAWHC

Hello there! I would like to welcome you to the all new CAWHC organization. As the title suggests, there are some changes that I am undertaking here at this site. This may seem surprising to those of you who have been regulars here in the past; however, nothing in this life is certain (except, of course, for change).

I just feel like the time is right to explore some of my different interests, and this blog is a good place for me to air my thoughts. For example, I enjoy talking about money (who doesn’t – except for those of us who don’t have enough), I enjoy home projects – lots of DIY stuff, and other things (reading, travel, cooking, etc).

So, in other words, my interests are broad, and I’ll be sharing a bunch of them with you here! Stay close to the site, because I’ll be writing very soon.