Our economy is often uncertain and unstable. We’ve seen what were once considered solid assets crumble and devalue in front of our eyes. And yet over the years, we’ve also seen consistent growth and business from individuals looking to learn how to invest in precious metals.
Gold is hitting record levels, and investing in gold has grown in popularity across the globe. Even after the financial crisis in 2008, gold held its value and then some, growing while most other economic investments collapsed.
Unlike stocks or mutual funds, precious metals are tangible and can be stored and managed yourself. We want any customers who are interested in preserving their wealth to come in store and meet with our professionals to learn about their investment options. Whether you want to buy gold or silver to sell in case of an emergency, or invest in gold or silver as a part of a long-term investment portfolio, at Doylestown Gold Exchange we can teach you how to invest in precious metals. Maybe now is the time to start buying gold and silver. Here are some tips to get you familiar with the practice.
Continue reading How to Invest in Gold and Silver
As we see an ever changing world, the one thing all people see today is that the dollar in their pocket buys less and less each day. Doesn’t matter if you make $30,000 a year or $200,000, we all try to live within a budget from what we earn, and each one of us are feeling the pressure or our ever devaluing dollar.
One of the easiest and most relevant examples used to demonstrate preservation of purchasing power is thePre 1965 US silver quarter. All quarters (dimes and half dollars too) minted before 1965 are composed of 90% silver. Back when they were circulated, that quarter was worth 25 cents due to its content and not what was stamped on it. Today’s coins are the opposite. They are worth their face value based on the proclaimed value. In reality, their melt value is a fraction of what they are assumed to be worth and exchanged for. Here’s the comparison:
Continue reading Budget a little strained? Invest in Gold and Silver, the only way to preserve your wealth!!
Doylestown Gold Exchange is moving to Cross Keys within the next month. We are excited to say that our new address is 812 N. Easton Road Doylestown, PA 18902. We will be taking over half of Poor Richards with our entrance to be on the Cross Roads Bakery side. We are very happy to moving to a great center so we can continue to serve Doylestown and the surrounding communities. We hope to be in by the middle of February, but if we are not in when you stop by, please visit our current location or call us so we can take care of you!
Continue reading Doylestown Gold Exchange is Moving to Cross Keys Plaza!!
Gold and silver being used as currency can be traced back hundreds or even thousands of years. There is a reason that these two metals were viewed as having a value above all others in almost every time in our history and around the world. Our currency was originally backed by gold and silver, so that for every dollar or coin made, there was physical gold and silver to back it up. If you look at an old $1 silver certificate, you will see that is says “Payable in silver coin to Bearer on demand.” This means when our currency was backed by these precious metals, you could walk into a bank and get a dollar’s worth of silver for that $1 note!
Continue reading Coins, Coins, Coins, Coins