Unlocking the World of Precious Metals
Hosted by Evan Delaune, this series will help you understand the precious metals industry. We'll cover topics such as the value of gold, reasons for purchasing gold or silver, important terminology like spot price and premium, and the differences between bars and coins. Evan will also explain the condition of precious metals, state sales tax, capital gains tax, and the fluctuating prices of precious metals.
Join us to gain the knowledge you need to make informed decisions in the world of precious metals.
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Ep. 1 An Introduction to buying and storing precious metals.
If you have ever felt overwhelmed or unsure about purchasing precious metals, this video series, hosted by Evan, will help you better understand the precious metals industry. In this first video, Evan introduces who Texas Precious Metals is and outlines the topics he will cover in this educationa...
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Ep. 2 Are precious metals a good investment?
Gold is a store of value and a popular solution for protecting purchasing power over a longer time horizon. In this video, learn the difference between producing wealth versus preserving it.
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Ep. 3 What precious metal should I buy?
The decision to purchase gold or silver is heavily dependent on your reason for buying and your risk tolerance. Evan dives into the nuanced topic of why a person would purchase gold, silver, or a combination, giving viewers important factors to consider before making a decision.
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Ep. 4 How much should I invest in precious metals?
When deciding how many dollars to convert into precious metals, it is important to consider your goals and circumstances. Evan breaks down some of the most important decisions you will face when buying precious metals and explains what it means to ensure your purchase aligns with your financial g...
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Ep. 5 What is spot price?
For those looking to make a precious metals purchase, it is important to understand the common terminology used in the industry. The spot price for gold and silver is the number you might see on the financial news networks, but what does that term mean? In this video, Evan explains the meaning of...
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Ep. 6 What is premium?
When you buy precious metals, your product price will be comprised of both spot and premium. Evan dives into what premium is and the many factors that go into determining the premium for the metal you may purchase.
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Ep. 7 Why are precious metals called bullion?
What does the term "bullion" mean? This term is used loosely in the financial industry and is commonly associated with gold bars. Evan explains the true definition.
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Ep. 8 What are the pros and cons of bars versus coins?
Precious metals can be purchased as bars or coins. The choice between bars and coins largely depends on your goals and whether you prioritize cost or popularity. Each option has its benefits and drawbacks, and Evan provides information to consider before making a decision.
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Ep. 9 What is the appeal of junk silver?
The condition of precious metals can be described as Brilliant Uncirculated, Almost Uncirculated, Common, or Junk. Despite having a name with a potentially negative connotation, Evan explains the appeal of junk silver.
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Ep. 10 Are precious metals subject to sales tax?
State sales tax is an important factor in your decision making process. Sales tax on precious metals is determined by the delivery location, not the location of the business you are purchasing from. If you live in a state that charges sales tax on precious metals, Evan discusses what that means f...
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Ep. 11 Are precious metals sales subject to capital gains tax?
When it comes time to decide whether or not to sell some or all of your precious metals, capital gains tax needs to be considered. Short term and long term capital gains tax rules can vary and the details can be complicated. Evan breaks down our recommendation on ensuring you handle your sale cor...
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Ep. 12 What does it mean to lock in a price?
The prices for precious metals fluctuate with the commodities market every second, so the prices are constantly changing. In some ways, purchasing precious metals is very similar to buying a stock.