FUD in Silver? Read this.
(gab.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (16)
sorted by:
jmbullion.com and apmex.com are both long time PM online retailers with a good reputation. Stock is spotty in the current "Silver rush" (there was literally none available yesterday). There appears to be some right now at a good price. Buy bars or "rounds" (look like coins but actually just pure silver like the bars). Do not buy coins unless there is a particularly good deal. Coins have an added "collectors value" cost which will not appreciate like the metal will and have less silver content than the bullion (bars and rounds).
Thank you as well!!
Coins are good as well. Just make sure to get the 90% ones though.
I don’t fully agree. Junk silver (coins prior 196?, still have 90% silver. Plus there’s the chance you might find a collectible coin in the lot. Plus if silver were one day needed for basic goods, us mint coins are probably going to be trusted more than a bar with a cute picture on it.
Please note that I said "Do not buy coins unless there is a particularly good deal."
I did NOT say, "Do not buy coins."
If junk coins of the 90% silver variety are less than or equal to bullion price * 0.9 for the same weight then they are a reasonable purchase. I had not provided all that information with the intention of being less confusing for the new silver buyer.