Here is a facebook message I sent to a friend of mine to help encourage her to invest in and buy silver even though she has no money:
Linda, have you gotten some silver yet? I know you don’t have much left after the devastaing scam (she got scammed by a con artist), but I can recommend a good coin shop in your town or how to buy silver bullion online. <Learn About Gold And Silver Investing> My advice, if you are just going to be picking up small amounts here and there, would be to stick to purchasing 1 oz coins of fine silver (999 fine or 9999 fine).
Canadian Silver Maples are good
American Silver Eagles are good
Austrian Philharmonics are good
Australian Kookaburras are good
Silver is cheap right now and WILL out perform gold. $40-$60 per coin is STILL a STEAL.
I would recommend getting at least 1 per month if thats all you can do. If you keep at it, it can build up and if you come into money, you can always pick up a roll of 20 or 25 Silver Eagles. And if you really come into money, a monster box of 500 is ideal.
When the economy falls and people are left destitute, the price of silver will be announced by the hour on the radio so having your silver in the denominations of 1 oz. is, in my humble opinion, ideal.
Best,
Me
Facebook comments:
Where is the best place to buy silver at the moment?
Hi Justin,
It depends where you live and how much you want to buy. There are many options. Message me and I will help you figure out some options.
are silver dollars sufficient? I have pre-1900 silver dollars.
@David yes they are absolutely sufficient. That’s great that you have them. The only trouble could be once the SHTF and the dollar is in it’s death throws and everybody and their dog are running into precious metals, many won’t know how to interpret how much a pre-1900 silver dollar is worth. Questions I have –
1) are they pure silver content or do they have some other metal in them?
2) and what is the exact quantity of pure silver in them?
The benefit of buying 999 fine silver ounces is that everyone will know the value of them because it will be announced hourly on the radio.
So you may want to invest in 1 ounce silver eagles in addition to what you already have.
But don’t let this detract from how great it is that you have those silver dollars. Just look up the silver content online – for all I know they are pure silver already – if that is the case, just find out exactly what fraction of a troy ounce they are and then with simple math you can figure out how much they are worth
Listen and pay very close attention to Bob Chapman of the international http://theinternationalforecaster.com/ Buy as much PHYSICAL gold and silver as is possible for your situation. Pick up and rotate canned goods as well as rice, high protein beans and barley, dried milk.Think about what you would needs if you could not get food for awhile. ( or ever again ) Buy vegetable seeds, study how to grow your own food supply! ( Buy alot of seeds. learn to harvest seeds FROM fresh vegetables ) Most of all—WAKE UP!!!!! The news coming from your TV news is mostly all lies. Dig into the internet. Listen to Alex Jones on INFO WARS. Good luck???? No. MAKE YOUR OWN LUCK
@nobodyatall I really like your comment – I hope many people heed your wise words
~may the force be with you!
hi
can anyone tell me where to buy this 999 silver
in the U.K.
@peter davidson I recommend you go down to a coin shop in your city. Be careful as some shops could try and sell you the silver for far too much over spot… so, shop around to get the best prices.
Or, you can buy online. You will have to do your research to get comfortable with your online sellers as I don’t know of any in the UK.
Silver coins will be worth more now than what is stated above in the article since it is already almost $30 an ounce at spot – so, there will be a premium over this.
If you really want to read a great book about silver and gold investing, check out Mike Maloney’s book – it is very clear and a good guide to doing it right
I believe I need to comment once again and this is also VERY important. These one ounce .999 silver coins spoken of from time to time are about to get scarce. The earth holds very small amounts of silver and less than 1% of the population has decided to invest. If more folks become worried about the value of the dollar they will look to gold and silver.Right now we are having trouble getting silver. As time goes on—if you wait much longer—-you might not find any to buy. If you have some extra cash, go to a coin store& buy some .999 one ounce silver ROUNDS. Buy just the pure silver ROUNDS–nothing more expensive. When dollars become worthless through inflation, those silver ROUNDS might get you some food or save your life. And put food away!!!!!!!!!!!!!!!
As for purchasing precious metals when you have little or no funds available: I have about $50,000 available to me on credit cards. I am going to take $25,000 and buy Silver Eagles. The other $25,000 I will use to purchase gold buffaloes. Within a year I expect the price of gold and silver will be so much higher I will take a relatively small amount of my precious metal, sell it and easily pay off the $50,000 and sit on the rest. Or I could file bankruptcy and pay none of the money back. Or if things get really bad I won’t have to pay any of it back because the banks will no longer exist.
Does any one see a downside to this plan?
Where is the best place to buy silver? I live in Lexington, KY
“When the economy falls and people are left destitute, the price of silver will be announced by the hour”
Ha ha this is so funny. Only a stupid moron would believe this. And only someone selling silver coins would say it.