New Tool: Gold and Silver Bartering Made Easy

Barter with gold or silver provides a means of conducting business using real money with real value. SchiffGold has created an innovative tool to help you get started today.

The ability to barter can be a lifesaver during a currency or banking crisis, as the situation in Greece vividly demonstrates. But you shouldn’t wait for a crisis to establish barter relationships. You can begin to cut the government’s inflationary paper dollars out of your economic life today. In doing so, you’ll develop an invaluable hard money trading network.

One thing holds many people back from jumping into barter with gold or silver. Precious metal transactions get tricky when it comes to determining the value of the coins. While the spot price is readily available, it is not meant for everyday, person-to-person transactions.

SchiffGold has come up with an innovative solution to that problem – an easily accessible widget showing the current trade price of gold and silver in real time:

The trade price serves as a reference price for precious metals barter. It is designed to allow vendors and customers to conduct transactions in gold or silver, in denominations from fractions of an ounce to multiple ounces.

The trade price provides a quick and easy reference point, allowing bullion coins of all sizes and types to be exchanged without haggling. What’s more, it ensures you get a fair price for your coins. By agreeing on a set price per ounce for all gold and silver, it eases transactions and allows vendors to return change to the customer in silver or gold.

We’ve provided an in-depth explanation of the trade price, how it was formulated, and why it provides a fair reference point for both buyer and seller on our new Trade Price Explained page.

On that same page, you will also find the SchiffGold trade price widget. This innovative tool makes bartering with gold or silver simple. It continuously updates the trade price in real time, allowing for quick, easy reference. We’ve even supplied code so you can embed the widget on your own website.

We know firsthand the difficulties of using real money in a culture that has forgotten how. We want to help ease precious metal barter transactions by offering a fixed reference price for silver and gold bullion that aligns incentives for vendors and customers. By making silver and gold easier to spend, we grow the market for precious metals buyers – and help put our country on a stronger economic footing.

Using gold and silver in your businesses and for personal trades will help make sound money the backbone of your local economy. You can learn more about bartering and find the right barter products for you on our new Barter Metals page.

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Interested in learning more about physical gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!