I have 5000$ to invest, thinking of silver

Kaynos

Jr. Member
Sep 13, 2012
89
7
Quebec City, Canada
Primary Interest:
All Treasure Hunting
What do you think would be the best way to invest that kind of money in silver ? By that i mean the size of the bullions, should i focus on 1 once coins, bars ? Was thinking of maybe buying lots of dime size coins (1/10 oz) but storage would be harder this way but then again, they are great to barter with... so i'm not sure what to do... What would you buy with 5000$ ?
 

Kaynos only you can decided what to buy and that being said. I for one only buy 1 oz AE's and 90% silver dimes, quarters and Halves. Other people will buy bars and rounds. I tend to stick to the American coins as they are more recognized by the general public hence easy to move or Barter with and less of a chance that they will be fakes. Don't get me wrong but I do have bars and rounds but the majority of my stack is 90% and AE's. Hope this helps. Keep Stacking.
 

go with AEs or Maples if you are buying government bullion. Rounds are cheaper, but make sure they are from a reputable mint. 90% junk is also a safe investment as the government already paid the minting premium 60 years ago and the quantity is a known fact per coin.

The other advice is also good!

There is a precious metals forum, read some of Jim4Silver's posts, he is very informative.

Silver will still rise, but to bad you didn't invest back at the 28-30 level.
 

You forgot seeds.....

Just my opinion, but if things get so bad here that people really had to "live off the land" by planting their own crops, etc, no way it is ever going to work in modern day USA.

First, if things did get so bad that all stores and such were shut down forever (mad max, etc), anyone with land and crops/animals would probably be invaded by hungry masses who also have their own guns and lots of hungry "soldiers" and such landowner would lose eventually. And if that scenario didn't happen, chances are the "gov" would seize such land and remove the prior owners over time.

I do think a person will need guns to protect themselves from roving mobs especially those who have lived all their lives on gov aid if/when such aid abruptly stops, but I think any such instances will be relatively short lived in that order would follow any chaos after a certain amount of time, sort of like what happened during Katrina in New Orleans. Hopefully such scenarios would never play out though either way.

Jim
 

As investing in guns is a good idea why would 5k worth be worth it... it wont have a return if it is a common gun and i doubt things will turn so badly that we will need to fight and kill massive amounts of people. The best thing is to have multiple investments. Little silver little guns little ammo... never put everything into one basket but thinking one day in the foreseeable future we will all be growing our own food and killing your neighbors is nuts
 

As investing in guns is a good idea why would 5k worth be worth it... it wont have a return if it is a common gun and i doubt things will turn so badly that we will need to fight and kill massive amounts of people. The best thing is to have multiple investments. Little silver little guns little ammo... never put everything into one basket but thinking one day in the foreseeable future we will all be growing our own food and killing your neighbors is nuts

Is it?
 

They will just keep printing money and hiding everything. Someone will buy the debt and they will keep convincing people everything is ok. Theres no way that could happen. Tell me theres a rest or huge depression and some people resort to it ok, but mobs taking over and planting food and having to defend it no way
 

Why is it that every time somebody asks about buying gold or silver, all the doomsday nutjobs crawl out of the woodwork to ruin another thread?
 

You guys just have to remember,the more money they print,the less the dollar is worth.Gold and silver always has the same value.Its the dollar that appreciates and declines.Not the value of gold and silver.Silver goes up to 100 bucks an ounce,gas goes to 10 bucks a gallon,you didnt gain a damn thing.As soon as that gas goes up everything goes up.Youre right back where you started.
 

No, I'm ahead. Everyone holding cash lost xx%, I'm even which means I'm ahead.
 

You would be ahead if you sold the silver at 100 an ounce and then sat on the cash until the dollar gained strength and went back up in value.Say the gas was 10 bucks a gallon,and then went back down to 4 bucks a gallon.The price of silver would of also dropped.Then you will make out.Because a price drop means the dollar has more value.But you have to sit on the cash until that happens.
 

That will only happen if we still have a Dollar and if they stopped printing. LMAO and RJC I'm not laughing at you.
 

The whole gas goes up all goes up is false. In 2008 when gas hit $140 silver was half what it is now. Silver doubled and gas is at 93. Silver is industrial now more than ever and will only continue to grow especially if this go green campaign continues with solar panels. And if everything inflates and technically silver has gained anything. It has remained steady while your $20 bill now buys 2 gallons vs 6 gallons
 

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