re: Precious metals market

Each state has its own rule regarding taxing precious metals. My LCS has 2 seperate registers. If you pay cash it goes in the "old" register and they don't charge tax. I'm guessing they like to keep their "cash" income away from the IRS. There is a local burger joint my way that operates in similar fashion. When you go to pay they ask cash or charge, if you answer cash, they go to a "sp[ecial" register and dont charge tax. Your shop seems to prefer to operate exactly by the books.

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Some are predicting $15 by year end. Some forums talk is back to below $10

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I have been waiting on silver to drop but wow. I may just continue to 'hold'.

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Seems there are the hard core folks that believe PMs will save you

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I know of some like this. Its been mentioned many times on the MT that PMs are nothing more than a 'store of value'

markings do not. Some "collectors" like certain coins, but I'm not in it for collecting.
I like name brand coins such as Sunshine, Silvertowne, and even others like APMEX and Provident (OPM) brand. Just buy low as you can. Some have higher premiums.

Then there are some coins that have no name but just images. Halloween coin, Coors light, etc.

Then there are the federal coins. Eagles, Maple Leafs, Phil Harmonics, etc. They are the highest as premiums go but seem to be the most recognized world wide

Just remember, when it is melted, it is all the same.

Myself, I avoid purchasing just silver rounds or a bar of silver, that is unless its at a good price.

I prefer something like a 'currency' like a Silver Eagle, or a Morgan or a Peace dollar, or a half, or a dime.

It would be easier to use in a true SHTF situation.

I buy silver coins more for collecting rather than a hedge against inflation or for profit.