Turning Silver and Gold into Cash Flow
Welcome to the website of Honest Silver and Gold, LP. Honest Silver and Gold, LP’s goal is to provide consistent cash flow on your investment while minimizing risk from the ups and downs of the market. Honest Silver and Gold, LP is a Georgia limited partnership that invests funds in physical precious metals. The fund’s [...]
You might see that there are new things here at HonestSilver.com. This site is still very much in development, so things may look radically different from one day to the next. But don’t worry, all the content will remain the same. I wanted to talk for a minute about the logo. On the left side [...]
With the SampleAgreement being done, I thought I would just summarize everything so you don’t have to wade through 151 pages of legalese. Here’s how it works. First, I am keeping the fund small. This means fewer than 35 unaccredited investors and less than $5 million in total assets. Keeping the fund small means there are [...]
The placement docs are done, at least in the first draft. This has been the major hurdle between potential investors and high steady returns from precious metals trading. More to come soon….
No discussion of financial matters would be complete without discussing risks. We are putting money at stake, and no matter what hedges or precautions are put in place, it is always possible to lose money. While unlikely, here are some risks that come to mind: Buying fake silver/gold. All purchases are tested to avoid this, [...]
I just read an opinion piece over at Zero Hedge called Physical Silver Investors are Being Hoodwinked by the Futures Market. In this article, the author basically makes the point that silver prices are being run up by speculators in the paper markets. As things are run up, so are the primed for a run [...]
After buying the silver or gold at less than the market value, the big question is, “What if the price goes down before we sell?” Welcome to the wonderful world of hedging. The term “hedge fund” gets thrown around a lot, but it’s really very simple. A hedge is a position you take to offset [...]
This post will explain the fundamental process of how Honest Silver and Gold, LP turns silver and gold into cash flow. Honest Silver and Gold is about, well… honesty. So there are no tricks or diversions here. Just these basic steps: Step 1: Buy silver and/or gold at under the current market value. Step 2: [...]
There was a report out today about the price of food in China. It was pretty shocking. Over the past ten days, prices n a number of foods throughout china have gone up by double digit percentages. The oval average increase was 4.6% over the past 10 days. In case that sounds small, let me [...]
I spent a bit of time yesterday morning attending the monthly Atlanta coin show in Marietta. Here a few observations: First, the coin collecting crowd is an older crowd. I would estimate that the average age of the people there was north of 55. Second, the VAST majority of coins on offer were nice specimens [...]