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53
Newbie at this.....What are you investing in? Gold, silver? What should I do before the dollar crashes?
posted 4 years ago by MaudeMotrin 4 years ago by MaudeMotrin +53 / -0

We do have some savings, but other than that, no investments. What should we be investing in? Where should we keep it?

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– MaudeMotrin [S] 3 points 4 years ago +3 / -0

Can you tell me where to buy silver or gold?

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– MatildaJ 3 points 4 years ago +3 / -0

Ask frens on GAW to give you names of bullion dealers in your state. If you can drive to pick up the silver/gold do this. You DON’T OWN IT if you DON’T HOLD IT and that means any in transit. When SHTF and you’ve put in an order for coins/bullion, you will probably never see it. Silver will be for barter and gold might just get you a safe haven of land or to pay off your mortgage or serious debt. Start looking for a safe haven NOW - preppers call it a ‘bug out location’ of land off the beaten track where people cannot easily get to. If you can get some cheap land - acres - put a shipping container on it, you could have a tent with provisions already in place with things like shovels, seed, clothes, water, bedding, and anything else you need to survive. In some instances you may never return to your home if your town/city is overwhelmed with predators. Look at alternative routes to this land if major roads get clogged as people leave densely populated areas. The idea is not to stop so take food to sustain, fuel, water. Prepare you trailer and car with spare tyres, spare fan belt, etc. The idea is not to stop until you get to your bug out. Seems pretty drastic but we don’t know the future and we must prepare for the worse but hope for the best. Lynette Zang on YouTube. Amazing advice.

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– AngelCole 2 points 4 years ago +2 / -0

I've bought from these companies online. Silver.com, jmbullion.com, sdbullion.com, moneymetals.com. Some allow an electronic check depending on how much you are spending. You get a better price if can pay "cash" vs credit card.

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– Cavetoad_1776 2 points 4 years ago +2 / -0

A great place to start is here Wall Street Silver and then go ahead and check out the "newbies start here" just below the banner.

Sorry for the reddit thread, but it's a pretty based place for reddit.

Otherwise, a LCS (Local Coin Shop) is a good start, and of course online. There's 2 things to know about silver. Spot price is the current price for a troy oz. Premium is the amount above spot you pay for a tOz. You want the premium as low as possible for the best bang for your buck.

Have fun with your new endeavor, be safe, be smart!

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