The Miles Franklin Company is a reputable precious metals dealer with more than 3 decades of experience. It offers a wide range of bullion, numismatics, and IRA services.
The company focuses on quality, sustainability, integrity, and security. Its team of highly professional and customer-friendly employees delivers the best silver bars, coins, ingots, and bullion products to its customers at competitive prices.
Investing in silver
Investing in silver is a great way to diversify your portfolio and protect against inflation. You can invest in physical silver or buy silver bullion, coins, or futures contracts.
Buying physical metal is a great way to invest in precious metals like silver because you’ll have direct ownership of the product. You’ll also be able to sell it when prices rise, which will help to generate profits.
You can also invest in silver by investing in stocks or exchange-traded funds (ETFs). These ETFs often hold physical silver and futures contracts, making them an easy way to bet on the price of silver without having to own physical silver yourself.
However, you should be aware that silver prices are more volatile than gold prices. This is due to the fact that silver is a lower-priced asset and therefore tends to move up and down more frequently. This can be a good thing for long-term investors who want to diversify their portfolio, but it can also mean that you risk losing money if the price goes down too much.
Buying silver bars
When investors want to invest in silver, they often choose to buy silver bars. These larger, rectangular metal products are a great way to diversify your precious metals portfolio and store your investments securely.
Miles Franklin offers a wide selection of silver bars, including both IRA-eligible and numismatic options. These bars are also available in different weights to suit the needs of any investor.
Choosing the right silver bar depends on your goals and your budget. For example, if you’re looking for a decorative bar, you may not want to spend much money on it.
Buying silver bars is an easy and cost-effective way to diversify your portfolio and invest in this valuable metal. The prices of silver bars are largely determined by the world’s spot price of silver, which fluctuates frequently during times of economic turmoil and financial market instability.
Buying silver coins
Buying silver coins is a popular way to store wealth over time. They offer a variety of benefits, including liquidity and legal tender status. Additionally, they can help you diversify your assets and withstand price volatility.
Fortunately, Miles Franklin offers a wide variety of certified silver coins at competitive prices. These include Morgan and Peace dollars, pre-1933 U.S. gold coins, and more.
The company also offers two storage options to ensure your coins are safe. You can choose between a Brink’s vault or their private safe deposit box program.
While purchasing these coins might seem like an expensive investment, the upside potential is significant. This is because these products have a high grade and are low-mintage, offering insulation from spot price volatility.
Moreover, they can provide additional value to your portfolio as they are legal tender and highly recognizable. This makes them an excellent choice for diversifying your investments and storing wealth over time.
Buying silver IRAs
Silver IRAs are a great way to diversify your retirement portfolio and make a tax-advantaged investment. They allow you to invest in real physical silver coins and bars, which can be a valuable hedge against inflation and currency devaluation.
Buying silver IRAs can be a complicated process, however. First, you need to choose a provider and custodial firm. You need to make sure the company will allow you to purchase real physical silver.
Another important factor is storage. You need to find a storage facility that is secure and meets IRS regulations.
The best silver IRAs use IRS-sanctioned depositories to store the metals. Choosing a sketchy or unsafe storage facility can result in the loss of your silver.
Miles Franklin is a well-known gold, silver and platinum IRA dealer that has been in business since 1989. The company puts the customer’s needs first and provides top-notch tactics and tips to help people diversify their assets.