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Any recommendations on companies to buy physical gold or silver from to keep in home safe?

Posted on 1/24/24 at 4:33 am
Posted by Cow Drogo
Member since Jul 2016
7409 posts
Posted on 1/24/24 at 4:33 am
Interested in starting a collection of physical silver. Are there any good reliable companies that ship it to you? Even if just 100-200$ per month type of thing?
Posted by Jimbowie397
Member since May 2017
98 posts
Posted on 1/24/24 at 5:05 am to
I’ve used Gainesville coins a few times. Haven’t had any problems.
Posted by GeauxTigers123
Member since Feb 2007
1421 posts
Posted on 1/24/24 at 5:48 am to
APMEX
Posted by Tear It Up
The Deadening
Member since May 2005
13494 posts
Posted on 1/24/24 at 6:41 am to
LINK

Use this website to find the best prices.
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
815 posts
Posted on 1/24/24 at 7:33 am to
Scottsdale mint makes fantastic stuff and it’s well priced. Silvergoldbull and monument metals are where I buy generics

ETA Costco has been offering very well priced silver eagles and pamp gold bars, but they drop them randomly on their website so you’ve gotta scoop them up quick
This post was edited on 1/24/24 at 7:41 am
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12580 posts
Posted on 1/24/24 at 8:16 am to
JM bullion its pretty good
Posted by Sir Saint
1 post
Member since Jun 2010
5329 posts
Posted on 1/24/24 at 10:04 am to
if you can catch them when in stock, Costco online sells 1oz gold bars at spot price (limit 2 per member). They sell out quick though.
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8976 posts
Posted on 1/24/24 at 11:04 am to
quote:

Interested in starting a collection of physical silver.


IMHO, you are way too late to that game. The only people making money in Silver right now are the guys selling who bought 4 years ago when it was at $12 per ounce.

Dont listen to the Silver Bugs. They’ve been claiming it’s going to $50 for years. We’re also not going back to either a gold or silver standard.

Premiums are way too high right now. Currently asking $28 plus shipping for an a one ounce ASE with an underlying actual value of $22 in silver. If you try to sell that same coin a broker will offer you at or below melt.

Stacking can be fun. The time to buy is when the economy is really cooking and nobody is considering metals. Political instability and recessions generally cause prices to rise and then opportunities to sell may be created.

Metals are heavily manipulated and absolutely should not be your primary investment. They don’t match or beat the stock market except in very small cherry picked windows that nobody can predict.

The other problem with silver is that after time you need a considerable amount of space. Gold takes up a lot less space, has lower premiums and less volatility.

Posted by notsince98
KC, MO
Member since Oct 2012
18130 posts
Posted on 1/24/24 at 12:11 pm to
pawn shop
Posted by dstone12
Texan
Member since Jan 2007
30678 posts
Posted on 1/24/24 at 12:18 pm to
Next question that I am curious about.


How do you sell it without getting ripped off?

Regardless of when/where it was bought. What is the best way?



Then, what percent do you keep (not sell) in case there is some event that makes you wish you had kept some physical gold?
This post was edited on 1/24/24 at 12:25 pm
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