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<p>[QUOTE="Zuhara, post: 843541, member: 23099"]Welcome to cointalk! There is a lot of good information here. To this I would add that if your budget is small, silver would be a good buy, but be sure to keep some cash on hand as well. As pointed out above, the price of silver can be volatile, and you don't want to put into it more than you can afford to see go down. If we get more deflation, cash will be necessary to have even if inflation follows afterwards.</p><p> </p><p>Because of this, I think of gold and silver mainly as an insurance policy. So I don't worry about the price, and just hold onto it as a hedge against various misfortunes. You can see the prices trending downwards this week, so if you keep an eye on it, you might be able to pick up a good deal Apmex or Provident metals. If you don't have money for a whole roll, I see nothing wrong with buying a few coins at a time especially if you have local dealer. It adds up as you go along, and you will learn along the way. American Silver Eagles are fine, but there is nothing wrong with Canadian Maples or any of the other standard modern easy to trade .999 silver coins, and they have lower premiums than the Eagles.[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 843541, member: 23099"]Welcome to cointalk! There is a lot of good information here. To this I would add that if your budget is small, silver would be a good buy, but be sure to keep some cash on hand as well. As pointed out above, the price of silver can be volatile, and you don't want to put into it more than you can afford to see go down. If we get more deflation, cash will be necessary to have even if inflation follows afterwards. Because of this, I think of gold and silver mainly as an insurance policy. So I don't worry about the price, and just hold onto it as a hedge against various misfortunes. You can see the prices trending downwards this week, so if you keep an eye on it, you might be able to pick up a good deal Apmex or Provident metals. If you don't have money for a whole roll, I see nothing wrong with buying a few coins at a time especially if you have local dealer. It adds up as you go along, and you will learn along the way. American Silver Eagles are fine, but there is nothing wrong with Canadian Maples or any of the other standard modern easy to trade .999 silver coins, and they have lower premiums than the Eagles.[/QUOTE]
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