OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Thanks, this is a n00b question. But what resource would you recommend to someone new to precious metals? Mainly focusing on not getting scammed, where to buy/sell, etc.

try to avoid ebay as the last resort. i dont trust them like i dont trust amazon for my razor blades.

second thing is theres a bunch of major dealers out there. texmetals.com, providentmetals.com, scottsdalesilver.com, apmex.com

shop around and find the best price. YOU WONT GET SPOT PRICE. there will always be a premium attached to it and if you go on any of those websites you can see a pricing chart on it based on how you pay and quantity.
 
Is this sarcasm?

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the supply chain for precious metals is so screwed. i placed 2 100oz orders a week apart from each other. the earlier order came in 2 weeks. the second order took 2 MONTHS to finally shipped. i still havent gotten the order for my 2nd order

Just out of curiosity why not just invest in a Gold ETF? I am also long on gold but never really considered buying physical gold given the potential of getting scammed and taking delivery of it.
 
Just out of curiosity why not just invest in a Gold ETF? I am also long on gold but never really considered buying physical gold given the potential of getting scammed and taking delivery of it.

i view precious metals as a form of insurance. gold etfs are too sketchy for me to get into. its great to trade but im not trading precious. if i wanted to do that i would trade miners like NUGT and JNUG
 
Just out of curiosity why not just invest in a Gold ETF? I am also long on gold but never really considered buying physical gold given the potential of getting scammed and taking delivery of it.

Hard to invest in a physical asset, that you don't physically hold. At least that's how I see it. If you're buying it as a store if value, or to use as a potential currency, why not have it in your own possession?
 
$WTI (Jun) $12.23....$11.96
*Margin calls begin @$10...accelerate back to Negative Territory
 
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