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Sign up with GoogleTop 10 Reasons to Invest in Gold and Silver
- Thread starter Adrianax
- Start date
May well be, but I love owning silver. Can never go wrong with a bit of silver or gold in your safes.
You can buy gold or silver at spot +5-10%, depending from which seller you buy from. There are a number of dealers who sell in this price range. You will be very lucky if you do get it at spot or less. Although I do sometimes identify the person who urgently needs money, I normally buy below spot from them. The past year I bought around 455 1oz Silver Eagles, all at just around 5-7% over spot.
Remember, Gold and Silver are very long term investments. I literally have a few thousand 1oz silver coins stashed in my safes, which I have been collecting the past 15 years. I am far in the green with my coins. But, I do believe silver is under-valued and in the distant future, it will come to its real potential.
That is not a bad markup. At that price I would have stocked up as much as possible under the circumstances.
Never, ever buy from Scoin shop. Anything. You will lose all your money and never ever recover your investment.
why own when you can just use derivatives, the logistical issues involved with silver can be a problem while you wait for the market to no longer be wrong
Tomtomtom
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