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Buying silver

Posted on 2/15/16 at 6:15 pm
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3286 posts
Posted on 2/15/16 at 6:15 pm
Can someone give me the pros and cons of buying physical silver ?
Posted by notiger1997
Metairie
Member since May 2009
58089 posts
Posted on 2/15/16 at 9:55 pm to
yes
Posted by Kashmir
Member since Dec 2014
7549 posts
Posted on 2/15/16 at 10:04 pm to
I buy bars, junk silver, and silver eagles. I have a couple of ten oz bars but mostly buy 1 ounce. junk silver is mostly quarters and half dollars. I buy silver eagles twenty at a time.
most of my silver was purchased at gainesville coins, but I made one purchase from apmex.
bars are easy to stack. coin tubes are good for the eagles and junk silver.
its all in my gun safe. my plans are to leave it to my son. of course if the SHTF and the dollar crashes, I will use it for barter. I also stockpile ammo in various calibers for protection and barter.
most financial planners advise to have some metals in the portfolio so I bought silver.
Posted by texag7
College Station
Member since Apr 2014
37472 posts
Posted on 2/15/16 at 10:06 pm to
If you buy online you have to purchase a certain amount to get free shipping.

Also you will be paying more than spot value
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