Most of the online brokers are stopping sales because the squeeze is already starting to be felt.
https://www.goldeneaglecoin.com/buy-silver
I was able to buy some from these people last night but a bunch of others i tried wouldn't let me buy anything once you tried to check out.
I'm going to buy some where I can. I have a few coins as well.
Any recommendations for types of coin? I've never bought coins. Thanks
Unless your a collector i just buy current dated coins for as close to the spot price as i can.
Obviously, you don't need to be dumping money into mint, graded, proof etc. collectible coins, you just need the weight. I recommend stuff like bullion. (providentmetals.com) shit like Walking Liberties, Krugerrands, Morgans, etc.
Check around, circulated ones will be cheaper.
You want generic silver/gold rounds. No value except the silver/gold. "Special" coins have more value but it is derived from the perceived extra value because of demand for it being special for what ever reason. At a coin show, an Alexander the Great 1/4 ounce might sell for 14k, which is why most of those special coins are fake.
Holy shit. They're all out of stock.
This one has some
Wow, that was fast. They had a lot when I was shopping around.
Dealers, jewelers, pawn shops - you just have to shop around your area for a reputable dealer - there will definitely be some.
If you're asking me where I personally buy silver - I buy from a small dealer in my city.
I'll have to look around my area, just moved so I have no idea what's around here yet. Also how is buying physical silver affecting the market? Or is everyone just planning on selling thier silver when prices jump?
Sell silver for land, not to get back into fiat.
You'll have to look into market manipulation, but the general gist is you need to buy up physical silver because the "market" buys and sells shares of silver (meaning, they don't really have it - they sell the same piece of silver several times hoping that not everyone comes to collect their silver at the same time).
I'm sure some people will play the short game - buy up silver now and sell when prices soar - but when fiat is worthless what good does that do?
Long story short - the market-fiat-manipulation-scam will only last for so long - when it crumbles - and it will - the US dollar will fail and will no longer be the world reserve currency. At that point, physical metals and goods will be the only things we have of actual value - our paper money will be (already is) worthless - the illusion will be smashed.
My plan is to sell 1/5 of my silver when prices go to 5x. That way I get my investment back and still have 4/5 of my silver inventory.
What's the going rate, the reasonable one I mean?
It fluctuates. You will have to check the spot price.
Search for: Kitco - all metals quote
Monex
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