At first glance, the words “money” and “currency” appear to be synonyms, but actually, they’re not. Worse, they are sometimes used interchangeably in several scenarios. In this article, we’ll discuss money vs. currency, how they differ, and their history. Money vs. Currency To understand the difference between “money” and “currency,” let’s break it down in […]
Insights
We love metals. We also love sharing new insights and information with our clients. It’s personal.
Joe Unger Chief Executive Officer
8 Countries With Failed Currencies and Why It Happened
No country is immune to failed currencies, and history has repeatedly shown us this. But as humans, we sometimes fail to see the warning signs in our own backyard and take comfort in this false idea that these issues only affect other countries. Are you prepared for the possibility of a failed currency? Well, here’s […]
Storage for Your Gold or Silver IRA
The Best Way to Store Your Gold, Silver and Other Precious Metals First, you CAN hold physical gold and silver in your IRA. But the physical metal will need to be stored. There are three ways people store their IRA’s gold and silver: Keep it at home in a safe Put it in a local […]
7 Ways Inflation Can Destroy Your Retirement Dreams
Inflation is the general rise in the prices of goods and services. As prices go up, the purchasing power of your money goes down. For example, if the annual inflation rate is 4%, that means prices will, on average, increase by 4% in a year. If inflation is 0%, prices will remain the same on […]
9-Point Checklist to Get Started with Your Silver IRA
Quickly and easily transfer your IRA into a tax-deferred silver IRA with West Hills Capital. At West Hills Capital, you’ll find your transfer from paper to silver IRA hassle free—easier than you imagine. We do all the heavy lifting for you. We make it a simple, easy-to-follow process and make sure you are kept in the […]
JPMorgan Has Gone Long in Paper and Physical Silver for The First Time Ever
JPMorgan recently accumulated more than 21 million ounces of physical silver in only two months, after already amassing a world-record 750 million ounces. In addition to this, they’ve reduced their 200 million ounce paper short position in June to 100 million ounces in August. Their position has now changed to net long paper silver. JPMorgan […]
How to Spot Silver Scams: 5 Mistakes Every Precious Metals Investor Should Avoid
There’s an archaic misunderstanding of money when it comes to precious metals, and some dealers capitalize on this confusion to make huge margins for themselves from unsuspecting investors. These dealers use strong emotions, nuance and slick sales talk to push their customers into buying rare and expensive coins—even when their buyers aren’t collectors. The precious […]
Bullion vs. Proof Metals: There Is No Debate
Bring up the question of bullion vs proof metals on any precious metals forum and you’re sure to get an earful on either side of the discussion. The truth of the matter is that this debate was settled long ago… If the goal is preservation or growth, the smart money buys bullion every time. And […]
