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Off Topic Off Topic - General non-Corvette related discussion. |
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09-08-2023, 6:53pm | #1 | ||||||
Barn Stall Owner #327
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where to buy silver and gold?
Getting rid of the last of my bank stocks and decided to take the funds and purchase silver and gold.
Where to purchase? Thanks |
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09-08-2023, 7:01pm | #2 | ||||||
A Real Barner
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Getting harder to find but keep it under 10k at a time.
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09-08-2023, 7:12pm | #3 | |||||||
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I have a few gold coins with some serious value but I still want some of that old pirate stuff. |
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09-08-2023, 7:23pm | #4 | ||||||
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You will pay a premium for a lot of the coins. Plain ingots will be be a lot closer to the actual metal value.
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09-08-2023, 7:25pm | #5 | ||||||
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09-08-2023, 7:27pm | #6 | ||||||
Barn Stall Owner #74
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09-08-2023, 7:28pm | #7 | ||||||
Barn Stall Owner #327
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09-08-2023, 8:16pm | #8 | ||||||
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I have a good buddy that has been collecting art bars for years.
Most of them were purchased at a slight premium but now sell for double spot or more. |
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09-08-2023, 10:15pm | #9 | ||||||
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Anyone's guess at what the economic collapse will look like. I figure that the Dollar will be worth nothing; so have little as possible in cash or in the bank.
Stocks will be worth something, because they represent "widgets". Remember the toilet paper during Covid wars? Essential goods will skyrocket. Blue Chips will recover later. Tec? Not for a long time. Analog rules. For short term buying power, I'm relying on silver coins. Two to fill a gas tank, one for a bag of groceries. People are still making stuff, crops still growing, just figure out how to buy them. Gold? Useless in this scenario. No one will have change. Like buying a cup of coffee with a hundred dollar bill in a third world country. |
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09-08-2023, 10:26pm | #10 | ||||||
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If I were to buy a gold coin, it would be a Saint-Gaudens Double Eagle, considered by many to be the most beautiful US coin ever.
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09-09-2023, 12:26am | #11 | ||||||
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A fairly reputable place is JM Bullion.
You will pay ~$60 and up per ounce over market on gold. All sizes; grams to kilos and more. Other precious metals and coins as well. I've never got anything large from them, but my shipping/insurance has always been free. |
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09-09-2023, 1:20am | #12 | ||||||
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Gold is outta the question for me, so decades ago my Dad had a few silver dollars.......and I have a few of them maybe 42 bux face value.....woopie doo....so they set around for some decades now.....
and recently I have noted that some .net outfit been selling silver dollars for only 1.50 or so.....and the coins look, SOUND, like real.....TEMU is the site but go look on the .net for silver dollar sales, and it looks like 35 bux each... what gives?? |
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09-09-2023, 1:41am | #13 | ||||||
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Here is a pretty concise and informative article on gold investing.
https://www.nerdwallet.com/article/i...ow-to-buy-gold |
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09-09-2023, 6:09am | #14 | |||||||
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Quote:
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09-09-2023, 6:30am | #15 | |||||||
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Quote:
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09-09-2023, 6:51am | #16 | ||||||
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APMEX is where I buy.
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09-09-2023, 7:53am | #17 | ||||||
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Jeff, give me a shout this afternoon when you get a few minutes.
Scott
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09-09-2023, 10:33am | #18 | |||||||
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When I heard about it, I was outraged. People who aren't on Vette Barn are so damn dumb. |
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09-09-2023, 10:37am | #19 | ||||||
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09-09-2023, 10:43am | #20 | |||||||
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Silver by kilo and Gold by the ounce only….. Precious metals are a safe haven to keep but it takes a lifetime to really profit…. |
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