I would love to buy gold right now but thanks to the dipshit in office I am unable to drop that kind of money. What I have worked into my budget is buying silver. This is something I plan on doing for the rest of my life. My goal is to purchase at least $100 of silver every month. I just did so from SDBullion and got myself three 1oz silver bars.
My question, for those of you that have already been investing into precious metals for a while, what is the best bang for my buck? What weights do you recommend? What sellers do you recommend? Is it better for my to keep buying 1oz bars each month or set aside money each month until I have enough to get a 5oz or a 10oz bar?
Different prices for different types of coin. American eagles have a premium over spot that a blank silver round doesn’t command. If you strictly want to buy silver as close to spot as you can, I’d suggest blank rounds or larger bars. For bartering, American eagles might be more recognizable as money, albeit more expensive to purchase. Typically, blank rounds have some random manufacturing logo that people may not recognize in a barter situation. Good luck with it, and a consistent monthly buying plan is a great way to approach it!