Has anyone else lost faith in the "Paper Promise"?

[HoneyBadger]

I echo this sentiment as well. About 18 months ago, I bought my first silver bullion... Wish I would have started sooner, but I can't help but wonder if you'd be entering the metals game now, if you're a bit too late to reap enough benefit to go "all in".

Take a look at www.coin-rare.com and others, to order bullion. It ships fast and doesn't have an outrageous % over spot, and definitely stick with bullion. IMHO, there's no reason to pay a premium just because that 1 oz coin is a "collectable".

Those are the best online prices I've seen in a while. I've been wondering if it's too late to go in on something like silver, but according to the gold/silver ratio, silver ought to be priced around $140 an ounce. I'm not sure why there's such a disparity, but I might try to get in on it!

[Sawin]

Those are the best online prices I've seen in a while. I've been wondering if it's too late to go in on something like silver, but according to the gold/silver ratio, silver ought to be priced around $140 an ounce. I'm not sure why there's such a disparity, but I might try to get in on it!

Yes Sir. I started looking for a good resource to buy bullion right after the bubble popped late last spring and the price plummeted. coin-rare.com was the best price I was able to find, and they have everything from 1/10th of an ounce coins (about the size of a dime) upward. I like having some of the little stuff and 10oz ingots, and not having a difference in price based on it's weight.

[Dave]

OK, I know this thread is old, but it's the first one I saw that kind of discussed what I wanted to ask about. I saw on Doomsday Preppers someone using the 1 gram gold pieces to barter with and I was wondering if anyone here had bought any or had ideas about if they are worth it or not.

[hollohas]

Yes Sir. I started looking for a good resource to buy bullion right after the bubble popped late last spring and the price plummeted. coin-rare.com was the best price I was able to find, and they have everything from 1/10th of an ounce coins (about the size of a dime) upward. I like having some of the little stuff and 10oz ingots, and not having a difference in price based on it's weight.

What do they charge for shipping?

I am partial to buying local with cash so there is no record.

Edit: I found the shipping costs. For 1oz Silver rounds, unless you are buying 6 or more and pay by bank wire (which comes to $2.79 over spot) you can buy locally for cheaper. Anything more than 6 you are getting a darn good deal.

Just FYI for those that want to buy in smaller quantities.

EDIT #2: I have ZERO faith in the dollar. Your investments based in dollars (401k, IRA, etc) might grow over the years, but the buying power of those dollars will be SIGNIFICANTLY less when you retire. That said, I still have those types of investments specifically because my company matches a portion...

[kidicarus13]

You people that bought gold/silver years ago and are now selling it for large profits are GOUGING- it's not right! Never mind that I didn't buy it back then, I want some now!

(Meant to sound like every tenth post over the last 3 weeks. Freakin' whiners)

[ChadAmberg]

Anyone purchase from APMEX? http://www.apmex.com/

They handle IRA retirement accounts in gold/silver/etc also.

[Omicron]

Anyone purchase from APMEX? http://www.apmex.com/

They handle IRA retirement accounts in gold/silver/etc also.

I've bought physical gold and silver from them several times, and they've always been excellent.

[hatidua]

You people that bought gold/silver years ago and are now selling it for large profits are GOUGING- it's not right! Never mind that I didn't buy it back then, I want some now!

(Meant to sound like every tenth post over the last 3 weeks. Freakin' whiners)

-you forgot to add: "I'm going to remember who is selling SAE's (silver american eagles) now for more than they cost in 1986 and not buy from them when this frenzy is over"

[rbeau30]

EDIT #2: I have ZERO faith in the dollar. Your investments based in dollars (401k, IRA, etc) might grow over the years, but the buying power of those dollars will be SIGNIFICANTLY less when you retire. That said, I still have those types of investments specifically because my company matches a portion...

As do I now. More so than when I started this thread. With the rampant printing of money to pay debt, it is just a matter of time. And ohh don't forget the Treas Dept wanting to manufacture a Trillion dollar coin to pay the debt down?

[hollohas]

And ohh don't forget the Treas Dept wanting to manufacture a Trillion dollar coin to pay the debt down?

I still can't wrap my head around how that makes sense.