Buying physical gold and silver – Where and how

Buying physical gold and silver – Where and how

Physical forms of gold and silver are among the most traditional types of investment, making these a popular choice for many investors. These precious metals are a stellar investment option for a diverse investment portfolio as they retain their value even when the stock market plummets. But, with so many options to choose from, it can be quite challenging to decide where and how to buy physical gold and silver.

Where can one buy physical gold and silver from?
Online marketplaces and brick-and-mortar sellers such as jewelry stores or coin shops are the most common places to buy physical gold and silver. Wearable wealt h— r ings , earrings, necklaces, and bracelet s— c ontinues to be one of the most popular forms of buying physical gold or silver. But , due to the high mark-up as a result of craftsmanship and retailer costs, jewelry is not the best type of investment in precious metals.

To reduce these costs and make sound investments, many people today purchase gold or silver bullion (bars or coins) , which may sometimes have designs or depictions on them.

Buying gold and silver online v.s. in store
When it comes down to the basics, the experience of buying gold and silver online or in stores is quite the same. One selects the product they like and proceeds to pay for it. The major difference lies in the convenience of online shopping compared to visiting a physical store. When shopping online, one can purchase gold and silver from any part of the world at any time . But at a local store, one is restricted to the area they are in as well as the store timings.

On the other hand, brick-and-mortar stores may be able to provide a better sense of security when it comes to buying precious metals. Since they are an expensive purchase , one can check the exact material that is being purchased, confirm the fit and design, and be sure about the delivery as well. Whether online or offline, gold, silver, and other precious metals should only be purchased from reputable sources to avoid any risk.

Factors to consider when buying gold and silver
While buying physical gold or silver, it is important to consider certain factors.

Storage
One of the first things to think of when buying gold and silver is where one intends to store it. Keeping everything at home may not always be the safest route, which is why some people opt for a safe deposit box with a custodian to keep one’s belongings secure.

Insurance
Those who wish to store precious metals at home must consider getting insurance. This can keep the gold and silver safe in case of any unforeseen circumstances such as flooding, earthquakes, tornadoes, etc.

Purity
People buying gold bars as an investment must ensure that they are at least 99.5% (995) pure gold quality . For verification purposes, the bullion must come with details such as the manufacturer’s name, troy ounces of the metal, and its purity.

Size
It is important to consider the size of the bullion one is buying. Not only should it fit well within one’s budget, but it should also be easy to liquidate if the need arises.

Previous Read

6 errors that affect the operation of a power plant

The operation of a power station is a complex task that requires experience, precision, and knowledge. These places are designed to produce electricity and distribute power to a huge population for residential, industrial, and institutional usage. However, operating power stations involves significant risks and challenges that can affect their efficiency, safety, and reliability. It is, therefore, crucial to be aware of the possible errors when operating a power station and devise strategies to avoid them. Neglecting safety protocols Overlooking safety procedures and protocols is perhaps the most critical error that can be made when operating a power station. These places have a high hazard risk with the need for strict safety requirements that are in place to avoid accidents and injuries. Safety practices can include simple acts like wearing the proper gear, avoiding shortcuts, and ensuring the plant is ventilated. When operating a power plant, it is equally important to be trained in hazard identification, first aid, and emergency response procedures. Skipping maintenance Power stations are complex setups that need to undergo regular maintenance for proper functioning. This includes cleaning, replacing, and lubricating machine parts. In addition to that, undergoing regular inspections ensures that the power station can take care of potential problems in a timely manner. This includes the inspection and maintenance of turbines, boilers, and generators. The failure to do so can result in a power outage, system failure, and damage to the system. Ignoring environmental standards One of the common errors that can be made when operating a power station is by ignoring environmental standards and regulations. Power plants significantly contribute to pollution levels, thereby impacting public health and the environment. It is, therefore, important that power stations meet all the regulations that have been set by the state and federal authorities along with the local ones. Regulations might include hazardous waste disposal, wastewater discharge limits, and emission limits. It is the duty of the plant operator to implement measures that help reduce their environmental footprint. Underestimating teamwork Underestimating the power of communication and teamwork is another area where errors can be made when operating a power station. Successfully running a power station requires the combined efforts of trained engineers, professionals, operators, technicians, and managers. To ensure everyone is working in synchronization, it is important to maintain communication. Encouraging teamwork and ensuring everyone is aware of their roles is the sure way to start building a well-oiled teamed. Ignoring cybersecurity Since power plants are vulnerable to cyber attacks, they stand the risk of their security, safety, and reliability being compromised. Cyberattacks on a power plant can include risks like hacking the plant’s computer system, stealing confidential information, and more. To prevent such malicious incidents, robust power plant cybersecurity measures need to be implemented. Antivirus software, firewalls, and data encryption need to be taken care of. In addition, make sure regular cybersecurity training and vulnerability assessment are a part of the employee training process. Neglecting energy efficiency Energy efficiency is a critical factor in the operation of a power plant since it consumes a huge amount of resources and energy. Measures to ensure energy efficiency include optimizing processes, advanced control systems, and implementation of energy-saving technology. Opportunities to reduce wastage can be identified by consistently monitoring the station’s energy consumption patterns.

Next Read

8 signs it’s time to consider assisted living

As a person ages, it is natural to need more help. That’s what assisted living communities are for. These communities provide seniors with physical, emotional, and social support as they age. At the same time, they ensure not to impede the individual’s sense of independence. While deciding to shift a loved one into an assisted living community can be difficult, families might have to take that step if some signs and situations become apparent. Chronic health issues With age, one is bound to develop chronic health conditions. As these conditions worsen, seniors may need care and support around the clock, which may not be possible at home. In such scenarios, it may be better to check into an assisted living or long-term care facility with experienced staff who can handle the senior’s medical needs. Recent falls Mobility and balance issues are common reasons why seniors have falls. Since a fall can have serious consequences, it is important to have round-the-clock care and monitoring, which assisted living communities provide. Many communities also have on-site staff trained to handle emergencies. They also have safety features like security systems, automatic door locks, mobility assistance, and enhanced lighting to make it easier for seniors to move around. Inability to handle daily activities Many seniors are comfortable living alone but need a helping hand with daily activities like cooking or cleaning. This makes them great candidates for an assisted living community, where they can find help and support according to their needs while maintaining self-sufficiency. Poor eating habits Difficulties in cooking are likely to impact one’s eating habits as well. Some signs to look for include forgetting to eat, not drinking enough fluids, and a loss of appetite. This problem can easily be managed in an assisted living community because they provide regular, nutritious meals based on one’s needs. Feeling isolated Living alone can be a very isolating experience. Seniors dealing with these feelings may be good candidates for assisted living communities, as they get to socialize with a similar age group. These communities also host activities like dance sessions and board games to get seniors out of their shells and give them a better chance to thrive in their golden years! Poor hygiene Taking care of oneself becomes tougher with age, which may also lead to poor upkeep of the surroundings. Since assisted living facilities take care of these daily needs, moving into one may benefit some seniors. Too much stress on the caregiver Some take on the responsibility of caring for the seniors in their family at home. But as needs grow, this can become emotionally, physically, and financially draining. An assisted living community may be a good solution if such a situation arises. Wandering off Some seniors love the feeling of living alone. But dementia or other cognitive issues may catch on with age, resulting in reduced mental awareness and wandering off. If this is a leading cause of worry, an assisted living community might be able to help by providing 24×7 care and support.

Our Blogs

Top 10 cat food deals to check out ahead of Black Friday 2022

Top 10 cat food deals to check out ahead of Black Friday 2022

Black Friday will be here soon, presenting pet parents an opportunity to stock up on food for their feline friends without spending a lot. There will be plenty of discounts from the top pet food brands, including Royal Canin and Purina. But if you cannot wait until then, check out these ten fantastic deals that are available right now. Take your time researching well and pick the healthiest options for your cat! Merrick Purrfect Bistro Grain-free Healthy Weight Recipe Dry Cat food This grain-free recipe ensures your pet gets the proper nourishment and maintains a healthy weight. Besides promoting weight control, it supports the muscles and improves digestive health. The product is already available at a discount of 7% on Chewy, but you can expect a better deal during the year-end sale. Wellness Healthy Indulgence Gravies Grain-free Variety Pack This variety pack makes mealtimes quick and easy. Created by nutritionists and veterinarians, the recipes are enriched with the finest ingredients to promote your cat’s well-being. Petco is offering a discount of 5%, but you can get it at an even lower price by opting for repeat delivery. Tiki Cat Queen Emma Luau Variety-pack Grain-free Canned Cat Food You can save 10% on this variety pack from Tiki Cat at Chewy.
Read More
20 Black Friday 2022 unmissable furniture deals

20 Black Friday 2022 unmissable furniture deals

If you’ve been waiting for Black Friday to make a big-ticket furniture purchase, now’s the time, especially if you’re searching for something, like a sofa or mattress. We’ve seen savings of up to 50% in recent years, so browsing the bargains may really help keep prices down, which is crucial, considering the cost of living. Also, remember to bookmark websites that offer information on the current Black Friday furniture bargains. Metal and wood platform bed frame On Amazon, the ZINUS Suzanne 37-inch Metal and Wood Platform Bed Frame could drop to $189 (was $220), a $31 savings. Bathroom vanity Last year, the Lark Manor Burchard 36′′ Single Bathroom Vanity Set was available for $549.99 (down from $724.99). Add this to your shopping list to save $175 at Wayfair. Floor lamp The AllModern Finton 60.25-Inch Tripod Floor Lamp might be available for $149, a 44% reduction. That’s a deal you don’t want to lose on. Queen-sized bed frame Last Black Friday, the Plank Beam PB312-002 Solid Wood Queen-Size Bed in White was on sale for $270.74 (down from $319). On Amazon, that is a 37% discount. Coffee table Cumka Coffee Table Teak Resin 23.6′′ is anticipated to retail at Walmart for $205.60, a 30% discount.
Read More
Fitness trackers – 10 best Black Friday deals

Fitness trackers – 10 best Black Friday deals

A fitness tracker will be on many Black Friday shopping lists this year. While it is on November 25, multiple deals are expected to pop up from early September to late October. Whatever your fitness mantra, high-tech fitness trackers can help you achieve your goals. And getting them at a discounted price is the cherry on the cake! Let’s check out some amazing Black Friday fitness tracker deals for the year 2022. Fitbit Versa 3 Continuous heart-rate monitoring, SpO2, support for NFC payments, a microphone for taking phone calls, and Google/Alexa assistance are some of the many incredible features offered by this tracker. Plus, unlike its previous variants, Versa 3 provides a built-in GPS for navigation. During the sale season, you might also find it priced under $200. Fitbit Charge 5 Fitbit Charge 5 delivers many upgrades to cater to your needs. Many online platforms offer it for under $150 for a limited period. Its features, like the bright OLED screen, electrodermal activity sensors, contactless payments, notifications, sleep tracking, heart monitoring, and timers, make it one of the most highly dependable fitness trackers. Garmin FENIX 7 Series A week’s worth of battery, topographical maps, touch screen, military-grade standard, up to 10 ATM water resistance, insightful training guides and programs, solar charging, and astonishing real-time stamina feature are the traits that make the 7 series an absolute hit.
Read More
Foods to avoid for managing Crohn’s disease

Foods to avoid for managing Crohn’s disease

When you have been diagnosed with a condition such as Crohn’s, it is vital to watch what you consume to avoid triggering or worsening symptoms. Although there is no specific meal plan for patients with this condition, it has been noticed that avoiding a few foods can help to manage the condition more effectively. However, these trigger items can vary from one person to another. Read on to learn about the foods to avoid during Crohn’s flare-up: Dairy products If you have Crohn’s disease, you might be lactose intolerant too. Lactose is a protein found in milk and dairy items such as cheese, and some people find it difficult to digest or process. Hence, consuming these items could trigger the symptoms of Crohn’s disease and lead to bloating, diarrhea, cramping, etc. However, dairy products are a rich source of vitamin D and calcium; if you are avoiding them, you would need to get these nutrients from other food sources. This can include green leafy vegetables and fortified cereals or juices. You might also need to talk to your doctor about taking supplements. Greasy and fried foods People with this condition should avoid items such as French fries and fried chicken.
Read More
10 Black Friday 2022 dog foods deals to check out

10 Black Friday 2022 dog foods deals to check out

With Black Friday comes amazing deals on a variety of goods, right from appliances to furniture and home décor to dog foods. Even popular brands, such as Royal Canin, Hill’s Science, Iams, and Blue Buffalo, offer hefty discounts during this time. Whether your dog loves dry food or wet food, you will find plenty of nutritious and delicious options at hard-to-miss prices. Check out the best Black Friday dog food deals given below. Blue Buffalo Life Protection Formula Adult Chicken & Brown Rice Recipe Dry Dog Food This dog food, originally priced at $67.99, is offered by Chewy at a discount of 10%. Blue Buffalo Life Protection formula is specially designed for adult dogs. Your pet dog will love to eat this healthy meal made with protein-rich deboned chicken and other natural ingredients. Hill’s Science Diet Adult Sensitive Stomach & Skin Chicken Recipe Dry Dog Food Hill’s Science offers a variety of dog foods to nourish your furry friend who is prone to having an upset tummy. This dry dog food contains nourishing prebiotic fiber and real chicken and is gentle on the stomach. At Chewy, you can get this dog food for $77.99 and save 4%. Iams Proactive Health Smart Puppy Original Dry Dog Food Get a 14% discount on Iams Proactive Health Smart Puppy Original Dry Dog Food when you buy from Chewy.
Read More
Foods to avoid for managing bronchitis

Foods to avoid for managing bronchitis

Bronchitis is a lung condition in which the lining of the bronchial tubes, which are responsible for transporting air to and from the lungs, gets inflamed. The condition can be chronic or acute and can develop as a result of an underlying respiratory condition or a cold. Certain foods can also trigger the condition and cause the symptoms to worsen. Here are some foods to avoid when diagnosed with bronchitis. Dairy products People suffering from chronic bronchitis need to limit their intake of dairy products. When digested, these items release a compound known as casomorphin, which is known to elevate the amount of phlegm and mucus released by the body. This can lead to severe coughing, which could worsen wheezing and pain in patients suffering from the disease. Instead of dairy products, you can opt for alternatives such as almond or soy milk. Excess salt Excess salt can be extremely harmful to patients suffering from the disease because too much sodium can cause water retention in the body leading to difficulty breathing. To season your food, it is essential to opt for low-sodium salt alternatives, as suggested by a nutritionist, to counteract any harmful effects on the body. It is also essential to keep an eye on labels about the amount of salt present in snacks and processed foods.
Read More