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Thread: Request Advice on buying Gold and Silver.

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  1. #1

    Oct 2018
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    1 times
    All Types Of Treasure Hunting

    Request Advice on buying Gold and Silver.

    Hello, I am interested in buying Gold and Silver. I don't trust the paper currencies, 401K, and IRA plans. I want to start saving some of my small income in Gold and Silver coins, bars and ingots. Can someone Please tell me what is the best and most profitable way to invest in Gold and Silver coins or bars? What are the best companies to buy from? and how do I sell the Gold or Silver if I had to cash them in? Also please include any other advice that someone new to buying Gold and Silver should know. Thank You
    Last edited by wilspeak; Nov 07, 2018 at 08:49 PM.
    A2coins likes this.

  2. #2
    Charter Member
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    Tommy

    Dec 2015
    Ann Arbor
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    I would say don't put all your eggs in one basket when investing!!!!!
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  3. #3

    Oct 2018
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    1 times
    All Types Of Treasure Hunting
    Quote Originally Posted by A2coins View Post
    I would say don't put all your eggs in one basket when investing!!!!!
    Hello A2coins, I have a 401K and a couple of savings accounts. So I'm not going to save everything in Gold and Silver. Thank You.

  4. #4
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,396
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    Prospecting
    You can sell at many places and it's always a liquid asset but just see who's paying what. There are no rules and there is no best. It's just your opinion and up to you what you want.

  5. #5

    May 2017
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    3 times
    All Types Of Treasure Hunting
    It's nice to have a few coins or ingots but the problem I see is that once you've accrued a bit, say $10k worth, then you're going to want to protect it either with a good safe or a safety deposit box. Some people don't like the added cost. If you want to invest because you think the value will increase, the cheaper way is to buy Gold ETFs or stocks but there not as fun as something you can hold on to.
    Mackaydon likes this.

 

 

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