Jill Taylor Gordon, CEO
Why Gold & Silver?
Gold & Silver as Money
So what is money? One definition is a payment for goods and services and repayment of debts. Many businesses within the U.S. and around the world accept the U.S. dollar for payment. The U.S. dollar is also the world’s reserve currency.
However, another definition is a store of value which can be accumulated and used later. But what gives money its value?
Truly this answer depends on the public trust and reliance in the government. Society must be willing to accept a fiat currency (one backed by the government guarantees and not a commodity like gold) in exchange for goods and services.
One must believe the government will keep the value of the currency by limiting supply. But what happens when the government prints excessive currency such as in Quantitative Easing 1 and 2 (QE1 and QE2)? QE1 (printing of dollars) temporarily saved the financial systems and QE2 saved the government debt structure.
All indications suggest a continuation of the quantitative easing practice. To do otherwise would collapse the financial systems in the U.S and affect the world’s financial markets. The cycle of printing more fiat currency simply delays and deepens the resulting consequences.
Historically, fiat currencies fail. Throughout time, creating money out of thin air ultimately collapses. It always has and always will. Continued printing of currency produces a corrupt system. One cannot print money out of nothing without consequences. Fiat currency, in reality, represents debt. Every time the government prints a fiat dollar bill, it devalues existing dollars. It causes inflation and ultimately hyperinflation. The vicious circle finally ends in the demise of the fiat currency system. As the government overproduces fiat currency, it becomes worth less and less.
Ultimately, gold and silver provide a store of value. Gold and silver are emerging as money once again.
Gold & Silver as Insurance
We believe owning physical gold and silver coins and bullion exemplifies the best strategy, acting as an insurance policy in today’s perilous world. This investment offers financial privacy and reduces risk. Physical metals are not subject to a bank, a stock exchange or a court of law. Your metals have intrinsic value.
Precious Metals in Your IRA
We believe owning physical gold and silver coins aYou can rollover or transfer funds from an IRA, Roth IRA, 401(k), 403(b) and other retirement accounts, without incurring taxes or penalties, into a Self-Directed IRA and purchase physical precious metals. Normally an IRA custodian will require you to hold your physical metals in a depository or safety deposit box. In the right kind of Self-Directed IRA along with the right LLC, individuals can personally hold specific gold and silver coins. Not only do you need the right kind of IRA and LLC, you need the right gold and silver coins and the trustee which allows you to control, manage and hold your coins. We work with several IRA custodians that provide the reporting while you have direct control over your Self-Directed IRA.nd bullion exemplifies the best strategy, acting as an insurance policy in today’s perilous world. This investment offers financial privacy and reduces risk. Physical metals are not subject to a bank, a stock exchange or a court of law. Your metals have intrinsic value.
Why Eagle European Capital, LLC ?
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As I write this newsletter, the Coronavirus pandemic has affected the lives, jobs, stock markets, and economies of not only the USA, but the entire world! Life as we have known it has changed as we stay-at-home and only leave our homes for necessities.
Gerald Celente discusses the Coronavirus and the implications regarding China and the global economy. China has quarantined 40 million people in the city of Wuhan which is the place of the first outbreak.
Eagle European Capital, LLC endeavors to offer clients precious metal bullion and coins at fair and competitive prices, while maintaining the highest level of integrity. Our goal is to provide a trustworthy source for the purchase of precious metals.
Merriam-Webster dictionary defines numismatics as the study or collection of coins, tokens and paper money and sometimes, related objects (as medals). In the industry, numismatics are coins that have a value over their precious metals content with factors such as scarcity, demand, grade and condition. Examples of numismatic coins are Saint- Gaudens, Liberty and proof coins. Semi-numismatic coins contain some value over their precious metals content in their demand. Some examples of semi-numismatics are the British Sovereign and Swiss Franc, which also represent legal tender in the countries where they were made. Bullion may come in coin or bar form with its value based upon the precious metal content and cost of fabrication. The mark-up on bullion coins and bars is generally the lowest.
Purchasing Gold & Silver
How to purchase
Contact us by phone at one of the numbers below.
Step 3 – Pay for Your Order
Step 4 – Actual Order Placement
Step 5 – Delivery
Eagle European Capital, LLC recommends that clients take personal possession of all precious metals. We are also happy to send information about how to store your precious metals with your order information.