Whats the minimum cost to invest in gold & silver?
November 2, 2010 by
Filed under Silver Investment FAQ
Whre do i go to purchase this investment / what are the qualifications or suggestons from those who have experiance in this.
November 2, 2010 by
Filed under Silver Investment FAQ
Whre do i go to purchase this investment / what are the qualifications or suggestons from those who have experiance in this.
you can invest however much you want. you can buy the actual metals on ebay or you can buy the funds which trade under SLV or GLD. i would buy the real thing though. you can buy however much you want. there is no limit either way. i would suggest 10 ounce silver bars.
Ther is no minimum, but you will get better prices by purchasing in larger quantities. You can buy as little as a pre- 1964 silver dime for a buck or so, & a 1 gram gold bullion bar for about $30. You can catch deals on Ebay at times, but don’t get yourself caught up paying large premiums like many do.
Check out:
http://apmex.com/
http://www.bulliondirect.com/catalog/
I’d also recommend getting friendly with your local dealer of choice. 1st, though, get yourself educated about what kind of premium over spot price is reasonable.