JFK was not challenging the Fed by issuing US notes backed by silver
Showing posts with label Silver. Show all posts
Showing posts with label Silver. Show all posts
Sunday, October 25, 2015
Tuesday, December 13, 2011
Beware Silver Scam on eBay
Megan Duffield emails:
I recently came across a scam where sellers on eBay are not being fully honest in their descriptions of items and selling silver-plated copper bars as .999 silver. If buyers pay attention to the fine print, they'll see...but if you skip it, you're in for a world of hurt.
She continues:
There are listings of supposed .999 silver accompanied by the words “100 Mills”. This isn’t pure silver. It is a copper bar or round plated in silver. The seller may tag the item as “1 Troy Oz. 100 Mills .999 Silver”.
I’m not dissing copper, but you don’t want to pay silver prices for it! An easy way to avoid from this not-so-sly trick is take note of bidding prices. If most people are underbidding or if there are unfavorable reviews on the seller, READ THE FINE PRINT. Actually, you should be reading the fine print anyway...buying silver for that special someone is a great gift idea. Just play it smart and get educated now on buying precious metals the right way!
I recently came across a scam where sellers on eBay are not being fully honest in their descriptions of items and selling silver-plated copper bars as .999 silver. If buyers pay attention to the fine print, they'll see...but if you skip it, you're in for a world of hurt.
She continues:
There are listings of supposed .999 silver accompanied by the words “100 Mills”. This isn’t pure silver. It is a copper bar or round plated in silver. The seller may tag the item as “1 Troy Oz. 100 Mills .999 Silver”.
I’m not dissing copper, but you don’t want to pay silver prices for it! An easy way to avoid from this not-so-sly trick is take note of bidding prices. If most people are underbidding or if there are unfavorable reviews on the seller, READ THE FINE PRINT. Actually, you should be reading the fine print anyway...buying silver for that special someone is a great gift idea. Just play it smart and get educated now on buying precious metals the right way!
Friday, August 29, 2008
World's Largest Gold Refiner Runs Out of Krugerrands
Rand Refinery Ltd., the world's largest gold refinery, ran out of South African Krugerrands after an ``unusually large'' order from a buyer in Switzerland.
The order was for 5,000 ounces and it will take until Sept. 3 for inventories to be replenished, said Johan Botha, a spokesman for Rand Refinery in Germiston, east of Johannesburg.
The U.S. Mint ently suspended sales of one- ounce ``American Eagle'' gold coins, Johnson Matthey Plc stopped taking orders for 100-ounce silver bars at its Salt Lake City refinery and Heraeus Holding GmbH has a delivery waiting list of as long as two weeks for orders of gold bars in Europe.
The order was for 5,000 ounces and it will take until Sept. 3 for inventories to be replenished, said Johan Botha, a spokesman for Rand Refinery in Germiston, east of Johannesburg.
The U.S. Mint ently suspended sales of one- ounce ``American Eagle'' gold coins, Johnson Matthey Plc stopped taking orders for 100-ounce silver bars at its Salt Lake City refinery and Heraeus Holding GmbH has a delivery waiting list of as long as two weeks for orders of gold bars in Europe.
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