I am thinking of investing in silver and purchasing coins or bullion.?
Tһе buying process seems simple enough bυt һοw ԁο уου ɡο аbουt selling tһе stuff.
I am thinking of investing in silver and purchasing coins or bullion.?
Tһе buying process seems simple enough bυt һοw ԁο уου ɡο аbουt selling tһе stuff.
Bullion It’s More Useable.
I would think that the same place that you would buy the stuff is a good place to sell it.
PS Precious metals have been going up for a while, so now might not be the best time to buy.
selling is difficult, because your metal will have to be certified if you do not want to get scrap prices.
You hit the nail on the head. Very difficult to sell and buying is no fun either. The shipping costs are murder and the sellers commision is no fun.
You do have a couple of exchange traded funds that are silver trackers. SLV and DBS. The 1st hold silver and the 2nd invests in silver futures. In my opinion both are preferable to buying and holding the hard silver. Both are easy to buy and sell, although both are somewhat speculative but no more so than buying silver, paying a commission, paying shipping charges, and a fee for a safety deposit box (a big safety deposit box).
Seems like commodities (including precious metals) have hit a top. Gold and silver have run up to high and too fast. Are you sure this is the right time? Any time I start seeing and hearing too many ads on TV and radio to buy gold, I know we’re approaching a top.