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To: albie

This is NOT financial advice as I’m not a “certified financial planner”.
Buying physical silver such as coins, bars, etc. comes with a high premium right now....and a lot of places are pretty much “sold out” as well.
However, one can buy shares of a sliver trust, such as PSLV, that’s backed by real silver holdings in a vault. Or perhaps silver mining stocks.
Personally, I stay away from the paper contract stuff that are held by stocks/ETFs such as SLV.
FWIW, I’ve been buying a little silver for a couple of years now, but stopped when the premiums got high. Instead, I did the next best thing and bought into a silver trust such as PSLV....but that’s just me. Like I said, I’m no “financial advisor” by any definition of the words.


18 posted on 02/12/2021 8:49:55 AM PST by lgjhn23 (Pray for America....)
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To: lgjhn23

Saint-Gaudens double eagle were produced by the United States Mint from 1907 to 1933 and have limited numismatic value (you pay a slight premium). This is a way to hold gold in case the government decides you cannot old gold bullion again. Likewise junk 90% silver can be purchased in any amount, just find a good coin shop.


20 posted on 02/12/2021 8:58:49 AM PST by MSF BU
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