I buy my silver at 2 above spot with cash from scrap metal that I can use for that purpose , Many a time scrap money disappears to the Abyss (bills)
so when I can buy silver with it I feel good about it no mater what I pay . I find the scrap free - I buy the silver with free found money Yet there are probably better investments . But silver I do like , as I feel it follows the true economy of value like gold.
There is a known fact 2000 years ago if not more - 1 oz of gold could buy a Roman senator a fine linen outfit a sash , sandals .
and 1oz of gold now will buy a senator a fine - suit - Tie - shoes
Silver has the same store of value as gold - for now I see silver staying in the twenty dollar range for a wile
so I sell and re-buy as needed , from selling some silver off ever so often , I see some important facts
one main one is your 1 oz coins or bars should always say weight and purity
I have purchased some with no statements ( they were commemorative or odd ball silver items ) even though verified, when you have to sell one those are the ones you get some resistants from - avoid odd ball weights that one day might get lost in the shuffle . If a need comes to sell silver 1 oz .999 pure you know the value done deal . A odd ball 3.4 oz bar that says happy anniversary Bob as that was the use might be harder to sell if the SHTF or get paid proper
Bookmarks