Investing in Precious Metals

[UWone77]

Gold, Silver... Palladium, Platinum. What are you guys into ?

Where do you buy yours? Just thinking about diversifying a bit...

[FortTom]

Gold, Silver... Palladium, Platinum. What are you guys into ?

Where do you buy yours? Just thinking about diversifying a bit...

Silver. JM Bullion and Silver.com. Not actuall "ivesting" more of turning in useless paper for tangible assets.

FT

[UWone77]

Silver. JM Bullion and Silver.com. Not actuall "ivesting" more of turning in useless paper for tangible assets.

FT

You actually summed it up better...tangible assets. I guess I’ve been realizing all my money is in lead, aluminum, and paper gains.

[Tyrannosaur]

I just started looking into this. Silver seems the place to start and work up to gold. You're getting charged a little over market value so buying in bulk is the best bet

[alamo5000]

I've never invested in precious metals, but I have done A LOT of investments of many different flavors. Following.

[FortTom]

I just started looking into this. Silver seems the place to start and work up to gold. You're getting charged a little over market value so buying in bulk is the best bet

Gold, although more expensive, requires more money to buy. So Gold vs. Silver is a wash. I wouldn't want to have a safe full of gold, because when "trading" for goods, things get more difficult to bargain with, VS. Silver. Although you have to carry less than silver, in a SHTF scenario, You're going to have a hard time buying goods with gold, and making change, you are also going to be a target to everyone who knows you're dealing in gold.

But diversifying between different metal is a good idea. I would rather walk into a dangerous place with some silver, say a pocket full, than gold. Good luck, no matter which precious metals you choose to invest in.

FT

[FortTom]

I just started looking into this. Silver seems the place to start and work up to gold. You're getting charged a little over market value so buying in bulk is the best bet

T-Rex, Silver.com ships on weight, or free ONLY for orders of $3000. JM Bullion has free shipping on any amount, over $ 99.00 but, at least for me, charges me TAX. Order any amount in "CART" and check your cost per ounce. Often times you get a better deal over the other, depending.

FT

[UWone77]

Silver is still hovering around lows. I the more paper money and stocks I have, the more I like the idea of tangible assets. I don't believe we're going to be in imminent danger of a 07/08 type of recession, but paper gains are so easily erased. I could see Silver picking up steam over $20/ounce.

[MoxyDave]

Stick with Gold, and wait until it's back to $1200/oz. Gold takes up a whole lot less space and is much easier to transport. I like to keep an eye on it and buy an ounce here and there when the price is low. I only buy Gold Eagles and Britannias from Apmex, JM Boullion and Provident. Provident usually has the best prices, but I haven't looked in a while since the prices have been skyrocketing. I invest in the stock market when metals are high.

Some folks think they're going to barter precious metals when SHTF. Those folks are retarded. Most of my friends wouldn't recognize a Gold Eagle from an arcade token. I buy Gold for a long-term hedge, and I never have more than 10% of my assets in precious metals.

I'm not sure what charts you're looking at but Silver prices are rising too ... not a good time to buy: https://www.jmbullion.com/charts/silver-prices/

[UWone77]

Some folks think they're going to barter precious metals when SHTF. Those folks are retarded. Most of my friends wouldn't recognize a Gold Eagle from an arcade token. I buy Gold for a long-term hedge, and I never have more than 10% of my assets in precious metals.

I'm not sure what charts you're looking at but Silver prices are rising too ... not a good time to buy: https://www.jmbullion.com/charts/silver-prices/

I mean it's not $10/ounce, but it's not 30 either. But yes, it is creeping up for sure.

You're right, people who think they're going to trade bullion in a SHTF scenario are ridiculous. In a true SHTF, I don't care about your precious metals. I'll need food, water, bullets...strippers

[Jerry R]

I'll need ...strippers

We're back to needing paper money - dollar bills

[Joelski]

Nevermind..

[MoxyDave]

I'll need food, water, bullets...strippers

Real estate is probably a better bet than metals right now ... Buy a strip joint! Ha!

[Former11B]

Gold, Silver... Palladium, Platinum. What are you guys into ?

Where do you buy yours? Just thinking about diversifying a bit...

Depends on what type (of investing) you’re looking into

ROI/playing the market for buy low & sell high with “on paper” precious metals, or are you taking physical possession of the gold/silver as somewhere to sink cash as a hedge against inflation and currency devaluation

[Former11B]

Stick with Gold, and wait until it's back to $1200/oz. Gold takes up a whole lot less space and is much easier to transport. I like to keep an eye on it and buy an ounce here and there when the price is low. I only buy Gold Eagles and Britannias from Apmex, JM Boullion and Provident. Provident usually has the best prices, but I haven't looked in a while since the prices have been skyrocketing. I invest in the stock market when metals are high.

Some folks think they're going to barter precious metals when SHTF. Those folks are retarded. Most of my friends wouldn't recognize a Gold Eagle from an arcade token. I buy Gold for a long-term hedge, and I never have more than 10% of my assets in precious metals.

I'm not sure what charts you're looking at but Silver prices are rising too ... not a good time to buy: https://www.jmbullion.com/charts/silver-prices/

The folks who don’t recognize gold and silver won’t be the ones accepting it. Simple as that. This is why you don’t put all your eggs in one basket. I don’t know HOW the S will HTF, so I keep a variety of things stored from food/water, medical supplies, guns etc