A Comprehensive Goldsilver Review - Is It Right For You?
Henry Clibborn- GoldSilver is a commodity-based exchange-traded fund (ETF) that tracks the price of silver and gold bullion.
- GoldSilver was launched in 2001 and is managed by CEF Advisors, LLC.
- F Advisors is a New York-based investment firm that specializes in alternative investing.
- F Advisors also manages the PureFunds ISE Junior Silver ETF (NYSE:SILJ).
- GoldSilver has an expense ratio of 0.53%.
- F Advisors, LLC, is a subsidiary of Cohen & Steers, Inc.
GoldSilver is a commodity-based exchange-traded fund (ETF) that tracks the price of silver and gold bullion. GoldSilver was launched in 2001 and is managed by CEF Advisors, LLC. CEF Advisors is a New York-based investment firm that specializes in alternative investing.
Pros Explained
Golden Eagle is a physical gold bullion investment company.
It offers a variety of precious metals products from which to choose, including gold and silver bars, gold coins, and silver coins.
Golden Eagle offers four investment plans from which you can choose.
Golden Eagle offers physical storage of your precious metals.
Golden Eagle has a secure website.
Golden Eagle has a responsive customer service department.
Golden Eagle does not charge any annual storage fees.
Golden Eagle offers competitive investment plans.
Cons Explained
Golden Eagle does not have a physical office location.
Golden Eagle does not provide any physical delivery options.
Golden Eagle is new and does not have a long track record.
Golden Eagle does not offer any dividend options.
Cons Explained
While Goldsilver's broker, Scottrade, offers some valuable trading tools and resources, its commission structure is highly restrictive. With Goldsilver, you are limited to only trading one contract at a time, which prevents the use of market orders. Instead, you must execute a limit order.
Available Courses
Goldsilver offers an extensive library of informative courses, including:
Gold Market Fundamentals
Buying, Storing, and Selling Gold
Gold Storage and Insurance
Gold Trading Basics
Gold and Silver Investing
Goldsilver also offers several live webinars.
Goldsilver's courses can be viewed on the Goldsilver website, or on Udemy.
Goldsilver Costs
Goldsilver's courses range from $19.99 to $99.99. The courses can also be purchased in bundles.
An Unbiased Review
Silver is making a comeback.
Silver is the most valuable precious metal in the world.
Demand for silver is surging and its price is set to soar in the next few years.
Silver is a precious metal used widely in industrial applications, jewelry, and investment purposes.
Silver is a white, lustrous, shiny, soft, and malleable metal.
Its chemical symbol is Ag.
The metal was first used as currency in ancient times and has remained valuable ever since.
Silver is used to make coins, jewelry, mirrors, silverware, and many other industrial and household goods.
A troy ounce of silver is worth approximately $15.15 today.
The price of silver has nearly doubled since 2015, and it is expected to rise even further in the coming years.
The silver price has surged over 500% since 2001.
Silver is an excellent investment vehicle and hedge against inflation.
Special Considerations
While Goldsilver's business model appears to make sense on the surface, it's important to understand its business model before you invest. As with any other investment, be sure to conduct thorough research, and ask as many questions as you need to feel comfortable with the company's business model, products and platform.
Price and Features
A 12-month membership to Goldsilver costs $149.95. This membership offers:
Access to all charts, research, and trading tools on the Goldsilver platform.
Unlimited access to Goldsilver's Market Analysis, including:
Gold and Silver Technical Analysis
Economic and Fundamental Analysis
24/7 access to market news and fundamental analysis.
Daily access to Goldsilver's Premium Research, including:
24/7 access to market news and fundamental analysis.
24/7 access to regular market commentary from Goldsilver's Chief Investment Officer, James West.
A Premium Membership to the Goldsilver website, including:
Access to the Goldsilver Blog, where James West and other industry experts share insights and commentary.
With the Goldsilver Blog, members can also share their own views and comment on the Goldsilver Blog.
Access to exclusive Goldsilver Member Communities, including:
Goldsilver's Premium Forum, where members can discuss trading ideas and strategies, ask questions, and learn from other investors.
The Goldsilver trading room, where members can discuss trading ideas and strategies, ask questions, and learn from other investors.
Access to the Goldsilver Member Directory, where members can search the directory for other members based on a range of criteria, including name, location, trading style, and assets.
A weekly market outlook video from James West, the Chief Investment Officer at Goldsilver.
Finally, Goldsilver offers a 60-day money back guarantee.
Competition
The number of competing silver ETF products has increased since 2013, with the number of products increasing from seven products, all based on different underlying indices, to 23 products based on 12 different underlying indices in 2022.
Despite the increased competition, there are only a handful of products that have been in existence for more than five years. Only one product-the iShares Silver Trust (SLV)-has been in existence for more than 10 years.
The iShares Silver Trust (SLV), the SPDR Silver Shares (SLVL), and the iShares Silver Trust (AG) continue to be the largest silver ETFs. These products are based on an index that tracks the prices of silver futures contracts, which are very liquid. They have high daily trading volumes, and their prices tend to generally mirror the prices of silver spot. Most of the products based on futures contracts have slightly higher premiums and significant transaction costs compared to bullion ETFs.
