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I was going to try JMBullion.com.
Any experience with them?
Apologies, but no experience there. Buy where it's cheapest and use a CC for buyer protection
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I was going to try JMBullion.com.
Any experience with them?
They usually have quite a bit in stock, but I would call first as I have not been in a while.
Buy/Sell Gold Silver Bullion, Gold Silver Bars, Gold Silver Coins, Buying Gold and Silver: Precious Metals Dealer in Portland
6432 SE Foster Road, Portland
In stock, but WoW, their spread is painful. $3.50 premium on generic rounds, $6 on ASE?!!! Shows how slim supply really is.
Silver cost to produce seems to be running ~$24/ounce so should I invest more in guns or silver? I love both. I think some day people from China, Indian, and other emerging markets will begin to compete on a grand scale for precious metals. The demographics of these countries (2 billion) will drive demand through the roof. We will all say "I should have bought silver when it was at $28 per ounce back in March of 2013. Current mining yield is ~750,000,000 troy ounces per year and yields continue to decline. People with disposable or investment funds continue to increase. I wish Americans would wake up to what is going to happen in the future. More people competing for a shrinking supply of precious metals.
I also quit doing the 401K investing thing since government debt will mean higher taxes in the future for all and destroy the tax deferred benefits of 401K plans. My 401K plan is now a physical silver plan.
Guns continue their historical growth in value of ~1-2% per year.
Silver cost to produce analysis:
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I am all for divirsification, I really am. I would buy the crap out of some silver right now if I could find some, but until my 401 k stops climbing like the national debt clock and until I stop getting fat dividend checks every three months, I will be pretty happy with myself staying in the market.
Everything is a risk and currently mine is paying off much better than the people who bought silver at $33. Use your head and buy low and sell high and do not believe propaganda, whether it is Wall st's or the doom and gloomers.