Investing in silver

Discussion in 'Silver' started by M.Thurlow, Apr 25, 2012.

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  1. M.Thurlow

    M.Thurlow Member

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    Hello everyone i am going to be purchasing 10oz silver next week i dont know in what form of silver i should buy im not sure weather to buy a 10oz coin or bar,what is everyones opinion?
     
    M.Thurlow, Apr 25, 2012
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  2. goldpelican

    goldpelican Administrator Staff Member

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    Coin this purchase, bar the next. Stack both until you figure out what you like.
     
    goldpelican, Apr 25, 2012
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  3. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    There are plenty if threads on this topic.
    Read GP's sticky first then take his advice above.
     
    Naphthalene Man, Apr 25, 2012
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  4. Guest

    Guest Guest

    10oz Dragon!
     
    Guest, Apr 25, 2012
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  5. M.Thurlow

    M.Thurlow Member

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    Okay thats for the advice will see how it goes
     
    M.Thurlow, Apr 25, 2012
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  6. Bazil

    Bazil Member Silver Stacker

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    10oz PM Bar =)
     
    Bazil, Apr 25, 2012
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  7. xag

    xag Member

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    10oz Silver bar*

    fixed for you. silver is silver.
     
    xag, Apr 25, 2012
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  8. Bazil

    Bazil Member Silver Stacker

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    10oz Perth bars are some of the cheapest 10oz bars available in my region =)
     
    Bazil, Apr 25, 2012
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  9. Guest

    Guest Guest

    For a few bucks more (bullion bourse) why not get the dragon, it at least has a numismatic future, surely it will be worth more $$ in the future than a pm bar.
     
    Guest, Apr 25, 2012
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  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Unfortunately, I have noticed that the market you will be selling into doesn't agree.
     
    wrcmad, Apr 25, 2012
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  11. Silverbullet08

    Silverbullet08 New Member

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    I'd start with bars too, cos let's face it we start off stacking for the bang for ur buck theory!
    Get a decent stack ur happy with then branch off to coins, ect (that cost a little more).
    In the famous words of Mike Maloney, silver is simply a lump of steel
    we invest in it too make money as we follow the course of the economic cycle!
     
    Silverbullet08, Apr 25, 2012
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  12. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    No offense, but you, sir, have been taken to the cleaners! :|
     
    wrcmad, Apr 25, 2012
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  13. Silverbullet08

    Silverbullet08 New Member

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    Actually u left out the part where I said I was quoting Mike Maloney.
    But if not a lump of steel or an element on the periodic table, what else is it?
    Bread?
    Water?
    A weapon to use on ware wolves?? :D
     
    Silverbullet08, Apr 25, 2012
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  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I don't know, but silver is definitely not steel.

    Fixed it.
    If you were to buy iron, it would only cost around $0.25kg melt value ;)
     
    wrcmad, Apr 25, 2012
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  15. Silverbullet08

    Silverbullet08 New Member

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    My bad... Lump of metal , not steel. Wrong choice of wording :-/
     
    Silverbullet08, Apr 25, 2012
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  16. AGR999

    AGR999 New Member

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    According to David Morgan, one of the top silver experts in the world "Beginning metals investors should concentrate on pure bullion bars or coins, in smaller sizes, looking to pay a minimum premium over the actual metal value." So it doesn't matter if it's in a form of bar or coin, what's more important is the value.. Start small. keep it simple.
     
    AGR999, Apr 27, 2012
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  17. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    lol - which market is that?
     
    Yippe-Ki-Ya, Apr 27, 2012
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  18. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    good advice. i'd go one step further - stick to 1kg bullion bars... they are relatively easy to sell (small/portable enough) and they have much lower premiums than 10 ouncers...

    in other words you get more silver for your buck - without having to resort to ridiculously large bars
     
    Yippe-Ki-Ya, Apr 27, 2012
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  19. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I was referring to the sales threads here at SS - just an observation.
     
    wrcmad, Apr 27, 2012
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  20. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    yeh mate i know what you mean. but i wouldn't worry too much about them - they're small time players.

    Those serious about investing in silver know that the only thing that counts is the purity of the silver and whether you can trust the stamp that defines that purity.
    Stamps which instill trust are ones such as those for PAMP, Perth Mint, Ainslie and various mints in the US.
     
    Yippe-Ki-Ya, Apr 27, 2012
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