Jibbajabba LSU Fan Louisiana Member since May 2011 1338 posts
Investing in tangible goods (Posted on 11/24/12 at 5:53 pm)
What is the MBs view on investing on tangible goods such as precious metals or stones (more metals)? I am thinking about going into gold/silver. I want something that I can put my hands on in case the dollar doesnt hold up in the future.
Followup question: Where is a solid place to watch gold/silver prices? Every website i find looks like a company that is selling gold/silver.
If you're in Baton Rouge, I'd suggest Gold & Silver market in cityplace over Louisiana Gold & Coin on Sherwood (Higher premiums above spot but better values on Morgans & have more American Silver Eagle bullion coins in stock).
Just my opinion. Regardless, do your homework and read up on what you'll be dealing with (metal/coins).
But in the end, It all depends on what your focus and purposes for buying bullion or coins are.