Investing noob here. Got some spare cash lying around, should I be investing in physical gold/silver? If so which one and if not what alternatives are everyone buying into?
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Investing noob here. Got some spare cash lying around, should I be investing in physical gold/silver? If so which one and if not what alternatives are everyone buying into?
Silver is way underpriced relative to gold but it's hard to get in any quantity. Expect to pay $10 more than the "futures" price.
Advice - Buy from a Local Dealer. You'll get raped if you buy from the internet. You have much better bargaining power locally. I learned that lesson very fast. never again will i buy off the interwebs.
Been into it since 2006 (silver) bit like Trump hopium ,maybe this time it takes off 🤞🤞🤞
Lead, gunpowder,liquor,sheet copper, are good for shtf portfolio.
Are you investing to make money, or investing to keep the value of what you have?
If you're looking to have a store of value as a hedge against inflation or collapse of fiat, you can't go wrong with gold (which is underpriced now). But it's doubtful you'll make a quick buck on gold or silver, they're too controlled and stable (by design). They're a long term hold.
If you're an investing noob, there are a dozen ways to make money off the market and a thousand ways to lose it all. Buy a book or find a good financial advisor to teach you the ropes before committing any real money.
Well I say get one of these before it gets cancelled.
https://catalog.usmint.gov/american-buffalo-2019-one-ounce-gold-proof-coin-19EL.html?cgid=american-buffalo-coins#start=1
Which is sure to happen.
You can get it in bullion but I say get the proof coin with the West Point stamp just so you have a piece of what’s left of the United States.
Buy a share of GME, load up on brass, powder and lead and pour the rest into Junk Silver and silver bars.