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<p>[QUOTE="-monolith-, post: 26508915, member: 150064"]This is the "age old question" for all bullion purchases. I have studied, reviewed, planned and debated the best method possible. My research has led me to the following conclusions:</p><p>1. Your goal is to purchase as close to spot as possible. I have found this to be extremely difficult as dealers always manipulate spot prices when selling and buying so the purchaser losses on both. </p><p>2. Don't purchase from a local dealer; it's cheaper to purchase from a major bullion distributor (JM, Apmex, etc.) or certified bullion coins from Ebay.</p><p>3. The sweet-spot for silver bullion are 10 oz generic bars. Smaller amounts you pay to much premium, larger amounts you may have trouble selling it to anyone but a dealer. An exception is that when prices are up and bullion dealers are selling so much above spot it's actually cheaper to purchase high quality certified silver eagles from Ebay. Usually you can purchase the certified coin at or below what the bullion dealers are selling the raw ungraded coin.</p><p>4. "Dollar-cost-averaging" doesn't work well with precious metals. It takes to long to make a profit based on the wild swings in pricing. For example if you bought at the high point it could take 10-12 years before you just break even. Therefore buy when prices are going down and sell when prices are going up. I have always made a good profit doing this.</p><p><br /></p><p>Good Luck[/QUOTE]</p><p><br /></p>
[QUOTE="-monolith-, post: 26508915, member: 150064"]This is the "age old question" for all bullion purchases. I have studied, reviewed, planned and debated the best method possible. My research has led me to the following conclusions: 1. Your goal is to purchase as close to spot as possible. I have found this to be extremely difficult as dealers always manipulate spot prices when selling and buying so the purchaser losses on both. 2. Don't purchase from a local dealer; it's cheaper to purchase from a major bullion distributor (JM, Apmex, etc.) or certified bullion coins from Ebay. 3. The sweet-spot for silver bullion are 10 oz generic bars. Smaller amounts you pay to much premium, larger amounts you may have trouble selling it to anyone but a dealer. An exception is that when prices are up and bullion dealers are selling so much above spot it's actually cheaper to purchase high quality certified silver eagles from Ebay. Usually you can purchase the certified coin at or below what the bullion dealers are selling the raw ungraded coin. 4. "Dollar-cost-averaging" doesn't work well with precious metals. It takes to long to make a profit based on the wild swings in pricing. For example if you bought at the high point it could take 10-12 years before you just break even. Therefore buy when prices are going down and sell when prices are going up. I have always made a good profit doing this. Good Luck[/QUOTE]
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