Buying large amounts of silver is a bad decision

Discussion in 'Bullion Investing' started by myownprivy, Jul 4, 2018.

  1. myownprivy

    myownprivy Active Member

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  3. NOS

    NOS Coin Hoarder

    I've only skimmed through the video but I'd say it's a bad decision for the simple fact that you have to store it somewhere. Coins and the containers and holders they're stored in all take up space. Instead of buying 1200 ounces of silver and having to find a place to store it somewhere, I'd have recommended to buy its equivalent in gold (or used the cash to invest in the market). The real estate required would have been considerably less and it would have been a lot easier to hide from burglars as well.
     
  4. Santinidollar

    Santinidollar Supporter! Supporter

    If you want to buy 1200 ounces of silver (about $19,000) it seems to me the way to do it would be a silver ETF.

    Buy it on the stock market, unload it when you’ve made a profit or want to book a loss.
     
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