Let's start with your reasons for wanting to buy physical silver... what are they?
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
David Morgan is considerate a silver "guru", if you go to Max Keiser blog you will find interviews with him and a lot of talking about silver market by Max Keiser also. There are some very important and helpfull information about silver and also gold market there.
Last edited by mrphr; May 9th, 2012 at 06:51 PM.
The following user says Thank You to mrphr for this post:
@ gary - Just buy something people have heard of like Silver Morgan Dollars, Silver Eagles, and Silver Maple Leafs. Prices are negotiable closer to spot price the more you buy. Get them on the phone to negotiate. It's like buying a car. so enjoy
I started buying silver rounds (.999 ,,, generic rounds, some have art on them) before the Y2K "scare." I continued to buy a little here and there after "the non-event." I collect coins so it was a good fit. I started putting together a Silver Eagle collection and found this company, been using them ever since. The website ain't much, but the service is excellent.
Silver Eagles have a market of their own, and my thought is, if I suddenly fall over dead, the collection could be sold easily at a premium over spot. Many (most) of those generic rounds I initially bought under $8.00 yes, eight. I sold them all in the $40's on Ebay so now, I'm all Eagles. I will say this, gold takes up a hell-of-a-lot less space.
BTW, Don't get any ideas, I also have a pretty nice gun collection.
The following user says Thank You to Cashish for this post: