InvestorsHub Logo
Post# of 15261
Next 10
Followers 8
Posts 1560
Boards Moderated 0
Alias Born 08/29/2004

Re: jchiba post# 2000

Friday, 03/02/2007 5:17:25 PM

Friday, March 02, 2007 5:17:25 PM

Post# of 15261
jchiba, I never buy PM futures. My 10,000+ ounces of silver were purchased from coin shops, auctions and private parties in that order. I made a deal with one coin shop that wanted to move their silver when times were slow. I offered to buy all the silver bullion that she got in at spot price. She was eager to do so but it was when silver was $3.65 per ounce. I said I would buy all that she got in until it hit $4.00. I had several months of great silver purchases.

If I were you I would shop around and find the best deal in your area. There is a very large difference in charges between the shops. If you find a coin shop that deals in bullion that is going out of business and auctioning everything off that is the place to be. I went to one of the largest in Seattle where the company accountant ran off with the funds instead of paying the income tax. I purchased silver bullion as well as bead silver used in Jewelry stores for as much as 25% off of spot price. Good luck!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.