Investing in Gold & Silver?

Indeed. However, I believe the end goal here is the invest in something that would retain it's "value" should the economy go to shit. As we say in 2008, you can't invest in your house to hold it's value, or stock market. If the fiat currency system collapses, people will need to go back to the gold standard.

As the documentary link I posted (available to watch on NetFlix) has cited... open a history book. All currencies who have tried fiat have eventually had to go back to being backed by gold/metals at some point. They have always collapsed.

"those who do not know their history, are bound to repeat it".

You better have some food laying around. I have potatoes, you have gold. Lets make soup.

german silver is nickel and zinc that looks like sterling. its big on the internet

i mean anywhere you go you can get ripped off. i know he purchases his online, i have a coin dealer about an hour away that lets me call in my order and he ships it to me. whats nice is repeat customer so i usually get a better deal on the spot and he has a great rep.

find someone reputable and go nuts. even if there isn't a big apocalypse, most likely in 20-30 years your investment has a nice return

so what should i buy first coins or bar / gold or silver

This.... ^^^




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american eagle rounds, they are pure, easily tradeable and have a high demand.

you'll hear a lot of people say get the quarters/half dollars that are 90% pure or morgan dollars that have value beyond the silver. stuff is fine but if you want to invest in silver, get easy, pure silver. no one gives a fuck if your silver coin is 100 years old or last years, just how much silver is in it

I would buy American gold and silver eagle coins if I would live in US (1 oz rounds). Gold or silver maple leaf coins if in Canada. I choose Austrian Philharmonic 1oz here in EU. Most known and smallest premium over spot price here in EU.

American or Canadian gold coins, beter yet old ones with collectible value.

ARE YOU FUCKING KIDDING ME???

Under your mattress is a safer place than a safe deposit box!!!

You are buying precious metals as a hedge against The banks, The Fed, and fiat currencies in general ...

If you store your precious metals in the very place you are protecting your wealth from, you are just BEGGING them to steal it from you, if (when) the economy does collapse, and the US govt. makes owning bullion ILLEGAL - which they have done in the past, and will do again!!

NEVER entrust anybody else to store your precious metals for you!!
ALWAYS take delivery of it, and store it between your walls if you have to!

IF YOU CAN'T HOLD IT -- YOU DON'T OWN IT!!!

NO! You do not want old coins with numismatic value. That is crazy, unles you are a collector and absolutly know what you are doing. You want pure gold in recognised coins/bars with as little premium over spot price as possible.

Depends on what your purpose for buying it is.

Do you want to hedge against inflation and the inevitable currency collapse? Are you trying to short it and profit from the price fluctuation? Do you want to go long and keep it for old age, where it will surly be worth a shit load? Or do you just want to have some holdings you can easily trade with and sell for when the dollar does finally falls on its face?

One thing about keeping it in a bank... when the bank runs eventually happen, they will be locking the bank doors and whatever you have inside the vault, you will not be able to access.

Also, if by some chance there is another gold confiscation like in the past, you would be required to give it up. So you really need to think your storage through in every detail if you want to keep it should something like that happen again. Doubt it will, but you don't want to get caught with your pants down if it did.

Beat me to it, and well said.

When the Euro and Dollar tank, those holding it will literally have nothing. Yet the price of gold and silver will not drop with them. Of course their price fluctuates, as all commodities do, but you will own a hard asset, which is more valuable than any piece of paper The Fed creates and will eventually be worthless.

History says otherwise. Everything would be used for barter, including gold and silver. If you look back to the Argentina crash, gold and silver were widely used for trade and held their value, as they always have in history. However, jewelry and coins were the easiest to trade. Not bullion. But people buying bullion are not buying it to barter with. In a collapse situation, people will barter with ANYTHING of value. Bullets, smokes, weapons, coffee, and anything else they need / want. There are even stories of guys trading their wives for sexual services in some countries during hard times.