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The Water Cooler
General Discussion
Is Buying Gold and Silver a Good Investment?
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<blockquote data-quote="Jestik" data-source="post: 2878398" data-attributes="member: 26367"><p>There's a big long thread here started by me that answers alot of your questions.</p><p></p><p>I would say that they have the potential to be a long term investment. I would go with silver over gold because you can buy silver far more easily, and sell it far more easily, then you can gold. Don't look for it make you a millionaire over night.</p><p></p><p>Additionally, the difference between gold/silver coins and rounds/bars are that coins are official government currency, minted by a government, and are illegal to reproduce. Additionally, they ususally carry some osrt of legal tinder amount of currency in addition to their intrinsic silver/gold content.</p><p></p><p>Rounds/bars are made by a regular, commercial mint, carry no legal tender value, and are just used for their silver/gold content.</p><p></p><p>I've bought a lot of silver online. Here is a place to check the price to see which site has the best deals:</p><p></p><p><a href="https://comparesilverprices.com/" target="_blank">https://comparesilverprices.com/</a></p><p></p><p>I usually stay with Provident Metals or JM Bullion as they have the lowest premium and shipping policies.</p></blockquote><p></p>
[QUOTE="Jestik, post: 2878398, member: 26367"] There's a big long thread here started by me that answers alot of your questions. I would say that they have the potential to be a long term investment. I would go with silver over gold because you can buy silver far more easily, and sell it far more easily, then you can gold. Don't look for it make you a millionaire over night. Additionally, the difference between gold/silver coins and rounds/bars are that coins are official government currency, minted by a government, and are illegal to reproduce. Additionally, they ususally carry some osrt of legal tinder amount of currency in addition to their intrinsic silver/gold content. Rounds/bars are made by a regular, commercial mint, carry no legal tender value, and are just used for their silver/gold content. I've bought a lot of silver online. Here is a place to check the price to see which site has the best deals: [URL]https://comparesilverprices.com/[/URL] I usually stay with Provident Metals or JM Bullion as they have the lowest premium and shipping policies. [/QUOTE]
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Is Buying Gold and Silver a Good Investment?
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