If you're going to go the line of credit path, I would buy silver with your credit rather than a cash advance. If SHTF, credit and cash will mean nothing. The silver is a stable asset that's proven the test of time and you can barter for goods/services/food. Keep some cash on hand in addition because there will be people who still have faith in the dead currency and won't understand silver.
It's a lot of speculation on my part but I have done a lot of research and taken advice from many people. The general opinion is, cash is a fairy tale based on debt, physical metals have been used for thousands of years, and limit your exposure to assets that can be deleted with a keystroke.
Good move , I sold a house and instead of paying cash for the new one, I financed the new one and purchased PMs and weapons and I did put some money in the new house bc I had to .. it's a older place. And still stacking drygoods.
Also remember to diversify with other long-lasting staples. There are a lot of items that you can stock up on and a lot of prepper sites have comprehensive lists of them.
Mind if I ask you where you purchased your PM? We’re selling a house too. Closing is next Tuesday. Instead of purchasing another house with a mortgage, I want to buy silver/gold and rent. I’ve been stocking dry goods for three years and think I’m ok there. Have a freezer full of beef and chicken.
What part of the country are you in? No taxes in Ohio. Do not buy offline, I used a dealer who had my best interest in mind,,, for a small premium👈🏻. He guarantee that it is what it is supposed to be , he went into great detail about silver for me , (I knew squat) explained spot price and the difference between buying minted and none minted rounds.. and he has the state of the art test equipment. With this said at least I have a guy to deal with instead of some online company . Silver out preforms gold 5 to1.
Local coin shops are great, pawn shops too. Online stores I've never dealt with but JM Bullion seems to come up often as a good choice. I'm lucky to have a silver/gold shop about half an hour away.
I’ve been advised here to do exactly what you’ve recommending but how do you know you’re getting legit PM? We have a few pawn shops around here but the only thing I’ve purchased from them was a handgun and got ammo pretty cheap a couple of years ago. I was going with JM Bullion, again recommended to me here.
If you're going to go the line of credit path, I would buy silver with your credit rather than a cash advance. If SHTF, credit and cash will mean nothing. The silver is a stable asset that's proven the test of time and you can barter for goods/services/food. Keep some cash on hand in addition because there will be people who still have faith in the dead currency and won't understand silver.
It's a lot of speculation on my part but I have done a lot of research and taken advice from many people. The general opinion is, cash is a fairy tale based on debt, physical metals have been used for thousands of years, and limit your exposure to assets that can be deleted with a keystroke.
Good move , I sold a house and instead of paying cash for the new one, I financed the new one and purchased PMs and weapons and I did put some money in the new house bc I had to .. it's a older place. And still stacking drygoods.
Also remember to diversify with other long-lasting staples. There are a lot of items that you can stock up on and a lot of prepper sites have comprehensive lists of them.
Mind if I ask you where you purchased your PM? We’re selling a house too. Closing is next Tuesday. Instead of purchasing another house with a mortgage, I want to buy silver/gold and rent. I’ve been stocking dry goods for three years and think I’m ok there. Have a freezer full of beef and chicken.
What part of the country are you in? No taxes in Ohio. Do not buy offline, I used a dealer who had my best interest in mind,,, for a small premium👈🏻. He guarantee that it is what it is supposed to be , he went into great detail about silver for me , (I knew squat) explained spot price and the difference between buying minted and none minted rounds.. and he has the state of the art test equipment. With this said at least I have a guy to deal with instead of some online company . Silver out preforms gold 5 to1.
Southeast. NC to be specific.
I believe it was Gainsville silver & gold who sent my packages marked as plumbing supplies. I was very pleased with them ! That was several years ago.
Local coin shops are great, pawn shops too. Online stores I've never dealt with but JM Bullion seems to come up often as a good choice. I'm lucky to have a silver/gold shop about half an hour away.
I’ve been advised here to do exactly what you’ve recommending but how do you know you’re getting legit PM? We have a few pawn shops around here but the only thing I’ve purchased from them was a handgun and got ammo pretty cheap a couple of years ago. I was going with JM Bullion, again recommended to me here.