What going cashless really means

Woolworths Café (not the stores) has announced that they are going cashless. A PNA store in Johannesburg has posted a sign on their entrance that read, “This store will soon be cashless.” Some applauded the decision. Others were indifferent. But most financially literate people on social media were outraged, promising to take their cash elsewhere. [...]

What going cashless really means2024-01-25T12:20:12+02:00

Why Is Silver and Gold money, but not Niobium?

In a BBC Business interview in 2014, Professor Sella explored why it is that out of all the elements, gold has become the most trusted and respected money. Systematically, he worked his way through all the elements in the periodic table to eliminate all the elements that would simply not be suitable as money. This [...]

Why Is Silver and Gold money, but not Niobium?2023-11-22T10:08:13+02:00

When is the best time to buy silver?

Trying to figure out the best time to buy precious metals is one of the most common questions I get. “The price has dropped a couple of percent … surely this is the perfect time to buy?” “Prices have been stagnant; surely this means silver and gold are consolidating and prices are about to explode [...]

When is the best time to buy silver?2023-11-09T10:03:59+02:00

Are we really off the gold standard?

In 1971, President Richard Nixon took the US dollar off the gold standard “temporarily.” In effect, the United States had defaulted on its commitment to redeem its dollars in gold! The use of gold as money, which had begun with the earliest civilizations (who used it in the form of nuggets), had been perfected by [...]

Are we really off the gold standard?2023-10-05T09:58:45+02:00

Inflation, Currency, and Precious Metals

It is very peculiar to me when I see government officials announce with much fanfare and celebration that inflation is under control and within the 3%-6% range. Even more odd is the response by some citizens who celebrate this as great news. In essence, however, they are merely rejoicing that the government was only able [...]

Inflation, Currency, and Precious Metals2023-09-05T12:29:00+02:00

Saving and Investing in a Paper Fiat System

Whether we like it or not, we live in a fiat monetary system. Unless you are in your late 60s, you have only ever used fiat currencies. Gone are the days when the change in your pocket was actual physical silver. Gone are the days when paper money was as good as gold. Even more [...]

Saving and Investing in a Paper Fiat System2023-08-28T20:39:56+02:00

The Concept of Saving for Retirement

Saving for retirement is that fuzzy concept that exists in the back-corridors of your mind when you are young. You hear “older” people talk about it; some with fondness and excitement, while others with some fear and trepidation. As you start your professional career, maybe start a family, and even buy a home, the concept [...]

The Concept of Saving for Retirement2023-08-18T10:17:50+02:00

“Cheapest in the World” Marketing Tactic – Is Price Everything?

What do you think are the two most important questions an investor should ask before buying silver or gold bullion? For some, hunting for bargains is about more than getting a product at the cheapest possible cost. It’s about the chase and the hunt, not the catch. One of my family members who fall into [...]

“Cheapest in the World” Marketing Tactic – Is Price Everything?2023-08-18T10:38:54+02:00

Treasure Hunting – My Personal Story

My personal Story My interest in precious metals started as a child. As a little boy, pirates, treasure maps and treasure chests filled with silver and gold captured my imagination. While I had zero intellectual understanding about the differences between fiat currency and real money, I was instinctively conscious of the value and worth of [...]

Treasure Hunting – My Personal Story2020-04-17T11:39:31+02:00

A Precious Metals Dealer Checklist

  You have done your research. You have listened to the experts. It is time to make your first purchase. In fact, whether you are a first-time investor, or a seasoned purchaser, due diligence on the seller is vital. Below is a list of due diligence questions you should consider before making an online purchase [...]

A Precious Metals Dealer Checklist2021-03-03T10:50:17+02:00

Buy Secondary Market (SM) Silver When Available

Bullion coins and bars are generally classified into three categories, namely, brilliant uncirculated (BU), Secondary Market (SM) or circulated (C), and cull. Even for seasoned investors, these terms can be confusing. For example, how can a bullion coin be circulated? Bullion coins are not circulation coins, like currency. What is the difference between a secondary [...]

Buy Secondary Market (SM) Silver When Available2020-04-17T11:29:20+02:00

What is an Ideal Gold/Silver Ratio for my Portfolio?

This question is one of the most frequently asked questions not only by those who recently became precious metals investors, but also by seasoned investors. My answer to this question is this: 25% gold and 75% silver. This short article is not an attempt to provide three points that make the case for my answer. [...]

What is an Ideal Gold/Silver Ratio for my Portfolio?2020-05-04T09:48:55+02:00

I want to buy silver in South Africa. Which product should I purchase?

Our top selling International bullion coins. The American Silver Eagle, South African Silver Krugerrand, Canadian Silver Maple Leaf and Australian Silver Kangaroo. If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). I want to buy [...]

I want to buy silver in South Africa. Which product should I purchase?2024-01-14T11:26:38+02:00

The 2018 Bullion Silver Krugerrand – Some Questions Answered

If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). Since the news has hit social media that a first ever bullion silver Krugerrand release is on the horizon, we have been inundated with emails and phone calls. [...]

The 2018 Bullion Silver Krugerrand – Some Questions Answered2021-03-03T11:13:20+02:00

Why Invest in Silver as a South African?

If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). Recently, Mike Maloney released a video in which he highlights his personal motivations for buying silver and gold. The video was born out of desire to provide a [...]

Why Invest in Silver as a South African?2020-05-05T09:21:32+02:00

Some Thoughts on Bitcoin et al.

If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). Investopedia describes investment bubbles to go through five stages: Displacement—innovative new idea or technology that has the potential to change the status quo. Boom—exponential price growth, much media [...]

Some Thoughts on Bitcoin et al.2020-04-17T10:44:47+02:00

Buy Gold Krugerrands From Silver-sphere

If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). We are pleased to announce that as of the 22nd of May 2017, Silver-sphere Trading Pty Ltd has been accepted by the Rand Refinery as an authorised and [...]

Buy Gold Krugerrands From Silver-sphere2020-04-16T15:09:22+02:00

Buy Gold Krugerrands OR International Gold Bullion?

If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). While we will continue to specialise in making available international silver bullion products to the South African silver investor, we have come to an important realisation concerning the [...]

Buy Gold Krugerrands OR International Gold Bullion?2020-04-17T11:47:01+02:00

Why you should purchase silver from dealers: risk vs. price

While I risking writing an article that may come across as self-promoting, I have none-the-less decided to pen some thoughts on why I think that serious silver investors should purchase their silver from reputable and registered dealers, rather than purchasing them privately from the various platforms available online. Often, saving a few Rands is simply [...]

Why you should purchase silver from dealers: risk vs. price2020-04-20T12:50:38+02:00

Why VAT Should Not Be Seen As A Problem

Krugerrands are VAT free. Silver bullion is not. Does this make silver an inferior purchase in South Africa? Mark Twain once wrote that the only difference between the tax man and a taxidermist is that the taxidermist leaves the skin. While the statement is meant to be humorous, the statement rings true for silver investors [...]

Why VAT Should Not Be Seen As A Problem2020-04-15T12:05:28+02:00

Why I won’t sell my silver even if the price spikes

One of the most frequently raised points of concern for new silver investors is the question, where do I sell my silver. I have answer this question in an earlier blog here: https://www.silver-sphere.co.za/can-sell-silver-time-off-load/. However, there is a different implied dimension to this question that is often probed, namely, should I sell all my silver when [...]

Why I won’t sell my silver even if the price spikes2020-05-04T09:47:02+02:00

The Silver Manifesto – Thoughts for the South African Investor Part 4

(Chapter 1, 2, and 3 synopses and thought can be found here) If you like statistics and numbers, then the previous chapter would certainly flick your switch, as it provided invaluable data on the silver supply dynamics (i.e. where silver comes from and how much of it is available). This chapter, chapter 4, presents the [...]

The Silver Manifesto – Thoughts for the South African Investor Part 42020-05-05T09:03:49+02:00

The Silver Manifesto – Thoughts for the South African Investor Part 3

The Silver Manifesto – Thoughts for the South African Investor Part 3 (Chapter 1 and Chapter 2 synopses and thought can be found here) Chapter 3 is a closer look at the silver supply dynamics and provides readers with some very interesting facts, figures, and much needed context. After all, having a basic understanding of [...]

The Silver Manifesto – Thoughts for the South African Investor Part 32020-05-05T09:24:25+02:00

The Silver Manifesto – Thoughts for the South African Investor Part 2

The Silver Manifesto – Thoughts for the South African Investor Part 2 (chapter 1 synopsis and thought can be found here) commences with the following extracts from the US Constitution, which merits quotation in full: ‘Section 10: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin money; [...]

The Silver Manifesto – Thoughts for the South African Investor Part 22020-05-05T09:08:34+02:00

The Silver Manifesto – Thoughts for the South African Investor

The silver bullion market is more established and matured in the United States than it is in South Africa. One of the ways in which this state of affairs is apparent is availability of relevant contextual information on silver. For example, I can number dozens US and Canadian economists who’ve specialised in precious metals analysis [...]

The Silver Manifesto – Thoughts for the South African Investor2020-04-15T15:03:25+02:00

Where can I sell my silver when it’s time to off-load?

If you want to chat with us about the blog bellow, please do not hesitate to email (sales@silver-sphere.co.za) or call us at your convenience (083 561 2375). Where can I sell my silver when it’s time to off-load? This question is perhaps the most important question that a silver investor should ask. After all, one [...]

Where can I sell my silver when it’s time to off-load?2020-04-17T11:59:56+02:00

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