Silver virgin here, how do you invest in silver/gold in a reasonable way? Looking at coins and bars they sell for a premie as high as the metal value. Basically a coin cost twice its weight in pure metal. At this speed you need to hold for 15 years just to break even. Are you guys doing that or is there any way around this?
Lucas Scott
>user silver won't be worth anything >user silver iwill be useless once we're forced to find another solution in technology circuitry I tried explaining that it is still a unit of measurement & always has been side by side with gold.
Anyone getting excited for Q3 earnings to come out for mining companies? Those may facilitate a decent influx of new investors.
Luke Lopez
If you see premiums at twice the cost, you're looking at the wrong places. Silver premiums typically are around 10 percent of the spot price at current market prices.
Jonathan Fisher
>a premie as high as the metal value where are you shopping? yes, premiums are high but double is an absolute scam lurk /pmg/ a while and you'll see that a lot of anons have strategies to maximize bang/buck meanwhile go to one of the dealers in the OP and get a couple or a few American Silver Eagles, or some constitutional 'junk' silver. You want to dollar cost average into this stuff anyway.
Jonathan Morgan
You need a bit of variety, but buying new is tge most safe & most sought after. 200 silver oz for every 1oz of gold. For every 5oz bar/coint you need 20oz of 1 oz coin/bar For every 10oz bar you need two 5oz bar/coin & 40 single oz bar/coin.
2oz & 3oz bars/coins are valuable only in high quality in my opinion...why? Because the premiums are typically lower the more you buy & become easier to manage in trade so ling as you have enough to hold & trade/sell without breaking you one way or the other.
People look down upon silver going below even 1oz mintings due to premiums, but there's still those that will even buy down to a single gram or more likely than not 1/10th of an ounce in high quantity for trade and payment purposes only like junk silver.
Ensure you have junk silver for daily transactions if/when the colapse happens. 2 used mercury dimes = 1 days wage/expenses for a single person.
Both junk silver & and anything fragrional below 1oz silver bars/coins should only be regarded as a means of society colapse/fiat colapse day to day currency.
There hold pile... The currency day to day pile... And the sell for gains pile... Most anons as myself never want to sell their silver...ever.
Austin King
reminder that prostitution for precious metals is the woman exploiting the stacker, not the other way around sex is not work. and sex is not a resource. roasties are trading nothing for something
