Investing in silver

M

M.Thurlow

Member
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?
 
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.
 
Bazil said:
xag said:
Bazil said:
10oz PM Bar =)
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10oz Silver bar*

fixed for you. silver is silver.
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10oz Perth bars are some of the cheapest 10oz bars available in my region =)
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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!
 
wrcmad said:
Silverbullet08 said:
........ silver is simply a lump of steel
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No offense, but you, sir, have been taken to the cleaners! :|
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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 said:
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??
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I don't know, but silver is definitely not steel.

Silverbullet08 said:
In the famous words of Mike Maloney, silver is simply a lump of metal
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Fixed it.
If you were to buy iron, it would only cost around $0.25kg melt value ;)
 
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 said:
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.
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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
 
wrcmad said:
Yippe-Ki-Ya said:
wrcmad said:
Unfortunately, I have noticed that the market you will be selling into doesn't agree.
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lol - which market is that?
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I was referring to the sales threads here at SS - just an observation.
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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.
 
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