Consider silver as an important adjunct to any gold you buy. Gold, for more long-term preservation of wealth, but silver is definitely the way to go for easy tradeability.
In silver, get a certain amount of "junk silver", coins that contain a high percentage of silver when they were minted - pre-1964. Pre-64 dimes, quarters, etc, have around 90% silver content. Will come in very handy if (when) the currency collapses under hyper-inflation, and precious metals soar.
Next, 1oz silver rounds. A whole lot of them, then some higher denominations, like 10oz and 1kg, etc.
The markup you reference is the "premium" and it covers the cost of minting, transport, storage and retail, etc.
Note: Gold is now at an all time high, and rising more each day. Move quickly.
I should mention that a LOT of silver has been snapped up in the last 6 - 12 months. It's becoming scarcer, particularly the junk denominations.
If you are keen on this area I recommend watching some videos on "silver stacking", via youtube. As censored as Ytube is, there is a lot of content that can be used to our advantage.
Consider silver as an important adjunct to any gold you buy. Gold, for more long-term preservation of wealth, but silver is definitely the way to go for easy tradeability.
In silver, get a certain amount of "junk silver", coins that contain a high percentage of silver when they were minted - pre-1964. Pre-64 dimes, quarters, etc, have around 90% silver content. Will come in very handy if (when) the currency collapses under hyper-inflation, and precious metals soar.
Next, 1oz silver rounds. A whole lot of them, then some higher denominations, like 10oz and 1kg, etc.
The markup you reference is the "premium" and it covers the cost of minting, transport, storage and retail, etc.
Note: Gold is now at an all time high, and rising more each day. Move quickly.
Thanks, good info!
I should mention that a LOT of silver has been snapped up in the last 6 - 12 months. It's becoming scarcer, particularly the junk denominations.
If you are keen on this area I recommend watching some videos on "silver stacking", via youtube. As censored as Ytube is, there is a lot of content that can be used to our advantage.