Where do you buy?
Bullion?
Coins?
I don't have any local stores. Went by a coin ship today and he had 1 2.5gr. gold.

Check out
https://www.texmetals.com/

James U. Blanchard in Metairie, Louisiana used to be a large dealer in precious metals, numismatic coins, etc.
He was located on Veterans Hwy there
Don’t know if he still does this.

Another might be Rich’s Coins and Guns on Monterrey Drive in Baton Rouge, Louisiana.

I’ve done business with both over the years but it’s been a while.

If you believe Glen Beck, then . . . https://www.goldline.com/

If you believe in William Devane, then . . . https://www.roslandcapital.com/

If you believe in gold and silver stocks, then . . . GLDI and SLVO

If you believe in Dave Ramsey, then . . . https://www.daveramsey.com/blog/investing-in-precious-metals

Start investing in commodities now. Much better than precious metals.

Pawn shop, ebay, etc. wherever I find a good deal. I bought a roll of silver eagles here on the forum a while back.

What are you buying? I bought into a few renewal energy stocks yesterday, first solar, nextera energy, Brookfield renewable energy, etc...nothing crazy, 50 of each for now.
Looking at steel but undecided on the best pick. Maybe Nucor?

Commodities ETF maybe, Jack?

Probably a less risky play....

I don’t buy or own god or silver, except my wedding band. And don’t plan to change that. I’m invested in a diversified portfolio of stocks, bonds, mutual funds, and some tax free munis. And I have some land for long term investment.

I’m more interested in buying more rental properties at this point. With the coming inflation anything you buy smart today will seem like a bargain in a few years. I live in an area that’s one of the fastest growing in the state though, so ymmv.

I don’t see how you could go wrong with select properties.

I just wanted your read and thoughts on Commodities ETFs not knowing if you’d played with any of them.

Question for those of you who own rentals. Has the year long eviction moratorium affected you?
I can’t imagine too many renters are real excited about paying since they know they can stay either way.

Keeping it focused on Gold and Silver only, I have a local coin shop that often has premiums no higher than the online bullion dealers. Those would be kitco, monex, sd bullion, jm bullion, apmex, etc. During periods of peak demand like last spring, and at the moment right now, the availability of physical metal is low and premiums are super high. When it's like this, it makes more sense to buy "paper" bullion and trade it for physical when conditions are better. Conditions were not bad at all last summer, fall, even into the holiday period for example. Obviously, they were better when Gold was near all-time highs. That kind of kills some demand. But if you try to buy physical metal at times like right now when the price is under heavy pressure, you're going to be competing against a lot of other buyers. The most popular "paper" metals are GLD and SLV. Those track the metal prices and are easy to trade, but take note that there is substantial risk to holding them long term since they're not backed by a 1:1 ratio to physical metal held. PHYS and PSLV are claimed to be backed 1:1 by metal held by the RCM. Another way to avoid getting stiffed on premiums during periods of high-demand and low supply of physical metal in small denominations like 1 oz bullion, is to buy shares of 100oz bars through something like a Kitco Pool account or VaultChain (uses distributed Blockchain to record). With those, you can take delivery of physical products after paying a fee that's about equivalent to premiums that local and online dealers charge. You can also get physical gold like Eages, Buffalo, Maples, etc. in your IRA through a custodian. This is usually held in segregated storage (not pooled), but over the long term, the storage costs would be less than the costs of holding GLD (not to mention the risk would be lower too). There's at least a half-dozen custodians that will do physical gold IRA's. You can look into that more if you want.

Not one late payment. The wife makes the rounds a set day every month to collect rents though. Texts everyone the night before as a reminder. All ours have good jobs and are long term though. I keep up with maintenance and landscape in the summer. Rentals are tough to find in our AO though so ymmv.

I haven’t, but definitely interested. There seems to be more possible upside in commodities, renewable energy and EV’s, certain select service industries, cannabis and REIT’s than most other sectors right now. I’m just not a fan of precious metals. If I’m looking for something to carry me through teotwawki, I’m not thinking gold, I’m thinking ammo, food, water etc...

yep

look at precious metals returns during this covid pandemic the past year vs Tech , stocks, Realestate , commodities.

Maybe some precious metals mining stock in a diversified portfolio. Throwing your money into silver and gold is a fool's errand these days

More than happy to be proven wrong

Reits might be decent investment now, cannabis was good in November but think too late now along with green energy. Tech is is taking it up the arse. If you got in last summer and got out in January tech was great.

Look at the fed and 10 year treasuries for a clue.

Last year after March you could invest in anything and get a great return. Now we are back to normal

.

Precious metals are highly manipulated by powerful people. If that manipulation can be broken they would be the play of the century

[quote=dale06]

Tangible assets. Stocks , bonds, and paper stuff can be nothing overnight. Not that I don’t own them. Silver, gold, guns , ammo, property! Dried food, alcohol. Diversify!!

Spot on fubar.

I buy locally. "Locally" being within a 150 mile radius. A friend buys online with good results but be advised that if you do, the government knows about everything you have or at least had. Be further advised that earnings on precious metals are taxable.

I would think if you are going to take physical possession of it junk silver is a good way to go. What makes it junk is that it has no numismatic value. They are U.S. silver coins minted prior to discontinuing silver. 1964 and prior. 1 dollar in coins has slightly over 7/10 of an ounce of silver so the intrinsic value is easy to figure and if you ever get ready to sell or trade there won't be a big hassle over getting them assayed to see if they're real. So just figure if you buy $1000 in face value you get 700+ ounces. There will be a premium over spot but at a decent dealer it won't be a terrible lot. Another advantage is the ability to make smaller purchases or trades that you couldn't with 1 ounce gold or bigger silver bars.

The above is true. Premiums on eagles and even junk silver are running about $10 over spot right now. When there's that big of difference between the paper and physical markets you know there is manipulation going on. I think the spot prices are being manipulated down.

It's hard to want to spend $36 for an ounce when spot is $26. The market would really have to move just to break even. Most dealers around here still only want to pay spot if you're selling to them.

Make sure you use a reputable dealer because there are lots of good fakes out there. If used silver.com, provident metals, apex, and sgbullion along with a few others over the last few years and had good luck with them.

I'd offer to sale some of mine but at today's price I'd be making a profit and that would upset a lot of people on the fire.

I look at metals as more of an insurance policy than an investment. There are better investments out there but there is peace of mind knowing you have a bit of bullion. I tell friends to shoot for 5-10% of their assets in bullion.

Bb

APMEX

I just bought my 1st Krugerrand last night.
Gold is falling, so I scooped 1 up to add to the stash.

I have a very good investment portfolio, nice savings account, and good income.
I buy gold and silver just to have it, I like the look and feel. My gold is $20 Double Eagles, great look and history.
I would not buy it as my primary investment, just something special, sort of like my collection of Colt SAA's

JM Bullion.com

Always happy with the trades that I have done with them. Silver & gold are portable safety net in an unpredictable world. Never look at as an investment> GW

I am more heavily invested in lead, brass, and primers. Should I sell now, or hold out in hopes of the market going higher?

This.

Need to watch, you will get some closer to spot than other places I've seen.