Legal Tender Gold and Silver Bullion
When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. - Ron Paul
African Bullion gives the South African retail investor the opportunity to purchase and hold physical gold and silver bullion. We maintain a large silver bullion inventory in South Africa so can ensure that even large bullion orders can be shipped as soon as client funds clear.
African Bullion appreciates that purchasing silver bullion online calls for a high level of trust and are committed to providing superior customer service, an easy online order process and efficient fully insured shipping. African Bullion has been trusted by the Austrian mint to represent them here in SA since 2009 and also has distribution agreements with primary dealers of the American and Canadian mints. We guarantee the authenticity of all of our legal tender bullion products.
Why should I Invest in Gold and Silver Bullion
A one ounce gold or silver coin represents the capital required to prospect, mine, refine and produce the coin. Gold has intrinsic value and by this definition, provides a hedge against inflation.
Many analysts believe that substantial devaluation or collapse of the Dollar is inevitable. The United States national debt stands at over $21.1 Trillion and is growing, a staggering $174 189 per taxpayer.
Silver bullion production is not increasing quickly enough to satisfy the increasing demand. When silver bullion prices were low, with high production costs, there was no incentive for miners to increase capacity.
There is no default risk when you invest silver bullion and gold bullion coins. An investment in a silver bullion coin or a gold bullion coin can be contrasted with an in vestment in AAA rated Lehman Brothers or Bear Stearns bonds
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"Paper money eventually returns to its intrinsic value: zero" - Voltaire