Finally in a spot I can buy some and would like to get a bit before its too late. Would like to get some silver at the minimum to keep. Any suggestions appreciated.
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Don’t buy any of the proof coins or other “limited edition” coins. Just buy the silver. The larger the weight the less it costs. So buy 5-10 oz bars instead on 1oz.
Just go to JM Bullion or Sd Bullion and buy what you like. I would buy bars with the lowest premium.
SD has done me well.
It depends what your aims are for the investment. For example, if it's money you dont expect to ever spend, then 10oz or 1kilo bars would have the lowest premium.
OTOH if you expect to use the silver for barter, then you'd want smaller denominations: 1oz rounds, and junk coins (90% constitutional silver). But these tend to have a higher premium than bars, so are not the most efficient way to stack weight.
IMO a silver portfolio should have a bit of both: bars for long term wealth storage, coins for trade & barter.
I suggest considering three things:
Buy only if you have a surplus of savings. In other words, do not use all your savings to buy gold or silver. Just part of it. The part you are really willing to lose. Because the price of gold is a gamble. It might go up. It might go down.
Buy PHYSICAL gold or silver. Which you can hold in your hand. Then store it at any safe location to your liking. One that only YOU can access. Do NOT buy paper-gold or paper-silver. Those are called NRA. Otherwise, with NRA you risk exposing yourself to a scam and or thief or other Evil behaviors.
If what you need is to protect your savings. I suggest considering two things:
Move all your savings from a bank to a local credit union. Details at https://www.minds.com/Francewhoa/blog/alternatives-to-big-banks-bailout-1482211002664620038
Or move your savings to a DECENTRALIZED crypto. Such as https://www.getmonero.org or https://bitcoin.org Details at https://www.minds.com/Francewhoa/blog/reject-cbcd-and-alternatives-to-cbdc-1487229402629541905
"savings" as in inflationary USD?
Won't smaller banks collapse before bigger banks will?
Sound advice on the crypto; BTC, ETH and store it in a hardware wallet
This is my opinion worth every penny you paid.....Buy "junk" silver. Pre-1964 dimes, quarters, halves. Check out ebay. Go to estate sales. Compare prices on sites like https://www.golddealer.com/ or https://www.coloradogold.com/ Establish a relationship with a local coin shop, ask questions of them. The sites mentioned have information on laws, IRS reporting issues, etc. Don't try to time the market, buy when you can and stack. That is all........
I suggest take a look at the spot price and go to a coin shop if you have one near. Buy what you can/want/budget from the (called junk or scrap) silver or gold depending how much you want to spend. That is a great way in my opinion to get started. They should also have ounces that are prettier but does cost a little more than junk does. Without a coin shop most pawn shops also have gold and silver as well.
https://www.goldenstatemint.com/1-oz-buffalo-silver-bullion-round.html
Buy these. The more you buy the cheaper they are. Also cheaper if you order then mail them a check. This is my favorite company. Always have the lowest prices. These are on sale right now for 5 more days. Veterans also get a discount from this dealer.
https://www.goldenstatemint.com/1-oz-Year-of-the-Rabbit-Silver-Round.html
Look for sales, buy the dip, watch the spot price per oz. When buying 5, 10 or 100oz bars on sale, getting the premium down to like $3'ish or below should be the goal. (Especially easy to do on secondary market 100oz bars)
If you plan on buying A LOT, soon, get the Apmex Bullion card to get a % kickback. I built up enough points to almost score a 100 oz bar over about 12 months of stacking.
have had all good experiences with jmbullion.com, free shipping/tracking over $199...