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Title says it all. A simple Google search will reveal trusted bullion/coin dealers, but people insist on paying too much on the bay for bullion/coins from an unknown seller.

Don't forget that if you buy a 15kg bar you need to factor in the cost of a chiropractor.

http://forums.silverstackers.com/topic-27382-has-anyone-tried-paying-for-goods-with-silver.html

If you buy bullion, buy something that people recognize like Perth Mint, PAMP. It will be easier to sell on ebay and attract more people. Most people feel more confident buying that instead of a no name rough slab of silver- who knows what is in that. Same with coke and cola. Most will...

Thanks for the interesting responses, really opened a can of worms here. If I had the $1 million I'd pay off my mortgage, spend the rest on silver. Hold it till roughly 2020 and sell for a nice profit (hopefully the masses will have discovered silver and driven up the price well into triple...

Hmm I'm sure some would argue that the fundamentals are in place for the stack of silver to substantially outgrow the value of the land + accumulated rental income. If only we had a crystal ball or flux capacitor!

How about W.D. Davis & Son? I have heard that they offer the best prices in your city. Someone please correct me if I'm wrong...

The general consensus on these forums is that silver is going to the moon, or at least triple figures in the next few years. But what of the property market?

My apologies in advance, I am new here!

A tonne of silver is roughly $1 million today, give or take. Would it be smarter to purchase a million dollar inner city Australian house and rent it out, or would you rather the tonne of silver? Why? I don't have the money for either, let alone an ounce of silver :lol: but would like to know...

Agreed, I think $60 silver is much closer. Silver can be seen as an investment and gold as a hedge against inflation. We need to sweat out the silver volatility and hold for the long term. Even if someone's stack devalues by 25% or 50%, they have not lost any money until they sell.

Silver is probably safer than lending your money to the bank for minimal return.

It would be advantage for those trying to avoid CGT when dealing with large amounts of silver (i.e. buying a house with a wheelbarrow full of silver). The gov would still think of another way to tax us though...

Has anyone here tried paying for something (over the counter goods) with some silver or gold? ;) Do you think we are nearing the day where some businesses would accept silver or gold as payment (as well as the Australian dollar)?

Title says it all. It seems it's all too easy for some people to get caught up in the wild claim that silver is going to par with the price of gold in a couple of years. I'm sure that after watching youtube videos of 'analysts' boldly making these claims we have all dreamt a little of this...

Thanks for the reply. Even if the price of silver does crater, I am happy to sit on my silver for at least few years or more if necessary. At least I own a highly useful metal for which there will always be demand :)

Hi all, I'm new here so go easy on me :D For now the Australian dollar is still relatively on par with the USD. I was wondering what the effect of a BIG swing either way would do to the value of our stacks gold and silver? Say you are buy some Silver now in Australia at $30AUD/ 29.xxUSD...