I’ve never done this before, not even with the smallest amount of buying power. But I’m trusting my gut and doing this one way or another. And I’m about to make the largest purchase of my life. I don’t even count buying my house because that’s basically just a long term loan payment to me based on my credit. I’ve taken out 20k cash from my bank through a HELOC. I’m able to afford the interest payments so that is not the issue. And I know I’m not doing this as a get rich quick scheme, or really with a goal of making any money at all. I simply want to hold the value of my money I’m able to obtain at the moment for when shit hits the fan. I took the money out in cash at first because I didn’t want to buy gold/silver online with a distinct paper trail. But I’m just trying to see if I made the right choice. Will I get the best deal/value for my money by going to a bullion shop/coin dealer shop and buying my metals there? Or would I get my best price online like at jmbullion.com, and just suck up the issue of a paper trail? Thanks in advance, help a fren out on what to do in these crazy times.
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Update on my purchase. Went to a local dealer and got the same price for silver as I would have online. Got a nice variety of buffalos, eagles, 10 oz, 100 oz, and a kilo bar. Scariest thing of my life 😂. Not due the the actual interaction in the shop. Because I have always been frugal and relatively responsible with my money.
But something interesting happened while I was there. I was let into the shop and was chatting with the employee. The doors were locked and they unlocked and let people in as they came to the door, understandably. This middle aged woman, I’d guess somewhere around late 40’s or early 50’s, was let into the shop. The employee said oh your the woman I spoke with on the phone who wants to buy 10k of silver buffalos. She then began to say that she had some information from a very reliable military source that the emergency broadcast system would be deployed. And asked if they had read so and so documents on a website, I can’t remember what she said. She said go online and read those, because supposedly we are in a continuation of government and that we have been under martial law for quite some time now. You can imagine the looks on the two store employees faces 🤣. She said now I’m just telling you what I heard, but it’s so hard to tell what to believe now a days. The employees were just dismissive about everything and were trying to get her out of there as fast as possible. When she left they both looked at me and started laughing and asked if I heard what she said? I replied and said you know she does have a point though, it’s hard to distinguish what to believe these days and a person really has to do their due diligence themselves to decipher what is and is not true. And with everything that has happened these past few years, it’s not like I’m shocked anymore about something crazy happening. Although, pre pandemic it would have blown my mind.
But it just made me think, hearing that tells me that people have been waking up and have been hearing things other than in mainstream media. And how it’s funny that I’ve heard all what she was talking about but just a few years earlier. I really wanted to just blurt out “TWO MORE WEEKS” when she said all of that. Not to poke fun at her but kind of poking fun at both of us, knowing that I know I’ve date fagged before probably having people look at me just as crazy as those two employees. Thanks for all of the help everyone!