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.
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!
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