SD Bullion and APMEX are the safest and most reputable. SD is usually the lower cost (but now always), and APMEX is the largest and longest-standing online bullion dealer in the US. If you don't like online, check out Miles Franklin in Minnesota. They don't have an online presence due to security and privacy. You can find a million videos on YT with the owner, Andy Schectman. Andy works with the biggest silver bug YT guys (Chris Marus {Arcadia Economics}), Duncan Kaiser {Liberty & Finance}, Bix Weir {Road to Roota), etc.
Andy would likely give you the best price if he has inventory.
SLV is an ETF (Exchange Traded Fund)... ETFs are "Derivatives"....meaning, an ETF derives its value from something else. In this case, physical silver. Your ETF SLV share(s) are just a 'representation' of real silver. Literally, a digital "Re-Presentment" of the real deal. Food for thought.
For over a decade, the rumors about how many actual ounces of silver SLV actually holds in relation to how many ETF shares are afloat has varied anywhere between 1:100 to 1:1000. This is the same with the gold ETF GLD. Nobody knows, but everybody agrees it ain't anywhere near 1:1. Simply put, when the day comes to cash out, the little guy finishes last (can't redeem, worthless shares).
However, between now and then (collapse), SLV could easily go to the moon if this same group takes it for a ride like GME.
Huge rewards include huge risks. Timing is everything.
You're trading delivery/possession time for price. Online bullion dealers typically have a lower premium over spot. Not always, but typically. Stores are different, times are different. There are exceptions to the rule, but that's been my experience.
I highly recommend silver towne in Indiana, bought lots there. Good fair people. And it's still one of the top 5 name brands....They usually keep a bucket of used silver rounds too, they have a smaller premium. Premiums WILL disappear over time.
I bought a crap ton of physical silver yeeeeaaaaaars ago and it just collects dust and I always thought ONE DAY I WILL BE SO HAPPY I DID THIS. I hope that day is coming soon.
Whrre?
SD Bullion and APMEX are the safest and most reputable. SD is usually the lower cost (but now always), and APMEX is the largest and longest-standing online bullion dealer in the US. If you don't like online, check out Miles Franklin in Minnesota. They don't have an online presence due to security and privacy. You can find a million videos on YT with the owner, Andy Schectman. Andy works with the biggest silver bug YT guys (Chris Marus {Arcadia Economics}), Duncan Kaiser {Liberty & Finance}, Bix Weir {Road to Roota), etc.
Andy would likely give you the best price if he has inventory.
Good luck!
I usually buy physical from JM Bullion
What about slv stock?
SLV is an ETF (Exchange Traded Fund)... ETFs are "Derivatives"....meaning, an ETF derives its value from something else. In this case, physical silver. Your ETF SLV share(s) are just a 'representation' of real silver. Literally, a digital "Re-Presentment" of the real deal. Food for thought.
For over a decade, the rumors about how many actual ounces of silver SLV actually holds in relation to how many ETF shares are afloat has varied anywhere between 1:100 to 1:1000. This is the same with the gold ETF GLD. Nobody knows, but everybody agrees it ain't anywhere near 1:1. Simply put, when the day comes to cash out, the little guy finishes last (can't redeem, worthless shares).
However, between now and then (collapse), SLV could easily go to the moon if this same group takes it for a ride like GME.
Huge rewards include huge risks. Timing is everything.
Caveat Emptor
no way
LOCAL COIN STORE ONLY
TAKE DELIVERY AT TIME OF PURCHASE
You're trading delivery/possession time for price. Online bullion dealers typically have a lower premium over spot. Not always, but typically. Stores are different, times are different. There are exceptions to the rule, but that's been my experience.
JM Bullion dot com all the way. Great prices, huge selection, 1/4 oz all the way to 10 oz bars and coins. Fast shipping too.
local coin store
if this thing does what gamestop did yiu don’t want to wait on delivery
What's wrong with waiting on delivery?
I highly recommend silver towne in Indiana, bought lots there. Good fair people. And it's still one of the top 5 name brands....They usually keep a bucket of used silver rounds too, they have a smaller premium. Premiums WILL disappear over time.
I personally use Apmex
local coin store
I bought a crap ton of physical silver yeeeeaaaaaars ago and it just collects dust and I always thought ONE DAY I WILL BE SO HAPPY I DID THIS. I hope that day is coming soon.