Anyone Buying Physical Silver?

[OLT2004]

If so...How much above the spot price are you paying?

5%? 10%?...
What is a fair price above spot?

 

[xipotec]

Not anymore, it way over valued. Just a few years back it was 16 an ounce. I bought then.

All metals are peaked now, based on economic fears. I wouldn't buy again until its back to less than 20 per ounce. Unless you plan on buying huge amounts , which leads to a storage problem, then the costs of dealing with silver as an investment are not worth it. The dealers will consume most if your gains.

If your buying based on worst case scenario, your better off buying food. You cant eat silver or sell it in economic collapse.

 

[OLT2004]

The Original Question Was...
What Are You Paying Above Spot Price???
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I thank you for your editorial opinion.

While You cannot eat silver or gold...You can use your $USA paper dollars
and 401K statements to start your wood burner...If The Worst Happens.

Silver and Gold do Not Perish...And Have Never Been Worth Zero.

 

[usnuzuloose]

I have not bought silver. I do buy gold and other currency. Have tried to locate forums on the subject? When I go out and buy stuff I look up on the internet and see if what I am looking to buy is priced for what it is worth against the price of what I am wanting to buy. I wish I could be of more help. Sometimes the internet is your best bet for looking. Also look in the coin shops.