In my opinion 1 or 2 oz is not enough. That's where I started though and immediately wanted more and got into researching it. I started buying bullion monthly and now am trying to get 90% silver for smaller denomination.
Ive been looking around and im seeing 10oz bar for 350-400.00. Im thinking about dropping the 4 bills for one. Im just not educated on precious metals enough to make sure im not buy a bar thats got steel chunk in the center or something.
Use findbullionprices dot com
You can search for the weight you want. Silvergoldbull dot com also has really great 1 oz round prices. I have only ordered from apmex dot com. Usually a little higher premium, but will auto update your cart for their inventory
Problem is,i dont have the ability to buy online easily. And i dont like buying stuff online anyways.id prefer to walk into a shop or somebodies home and drop the cash and go.
Go to a coin/collectibles shop. Maybe a pawn shop if you live somewhere like Vegas. Check the prices online first.
1 oz is about $25 + premium. For a 1 oz coin you'll pay $33-$37 or so. Silver is artificially being held down in price too, so there is an expectation it will rise in value without considering it's protection from inflation. Look online for SIlverSqueeze if you are interested in learning more.
Chris Duane has a LONG video on youtube all about silver. He mentions that throughout history, a manual laborer earned 1/10th of an ounce of silver as a daily wage. His argument is that only the last 80 yrs or so of fiat currency changed this.
In my opinion 1 or 2 oz is not enough. That's where I started though and immediately wanted more and got into researching it. I started buying bullion monthly and now am trying to get 90% silver for smaller denomination.
Ive been looking around and im seeing 10oz bar for 350-400.00. Im thinking about dropping the 4 bills for one. Im just not educated on precious metals enough to make sure im not buy a bar thats got steel chunk in the center or something.
Use findbullionprices dot com You can search for the weight you want. Silvergoldbull dot com also has really great 1 oz round prices. I have only ordered from apmex dot com. Usually a little higher premium, but will auto update your cart for their inventory
Problem is,i dont have the ability to buy online easily. And i dont like buying stuff online anyways.id prefer to walk into a shop or somebodies home and drop the cash and go.
Go to a coin/collectibles shop. Maybe a pawn shop if you live somewhere like Vegas. Check the prices online first.
1 oz is about $25 + premium. For a 1 oz coin you'll pay $33-$37 or so. Silver is artificially being held down in price too, so there is an expectation it will rise in value without considering it's protection from inflation. Look online for SIlverSqueeze if you are interested in learning more.
Chris Duane has a LONG video on youtube all about silver. He mentions that throughout history, a manual laborer earned 1/10th of an ounce of silver as a daily wage. His argument is that only the last 80 yrs or so of fiat currency changed this.
Not financial advice, YMMV. Good luck!