Buying gold/silver as a secure investment

[Hydrosun]

Storing your own is the ONLY way to eliminate contra party or third party risk. If you can't lay hands on it by yourself without anyone knowing then there is third party risk.

Physical all the way baby!

 

[SpasticGramps]

Yes, it's the ONLY way. Fizzy or bust.

 

[bozga]

I thought about investing in some stone bricks and build a house on a hill with trees around... Gold is always an option

 

[SpasticGramps]

House on the hill is more useful. Land in the country is the best investment out there IMO. Even though we still have a ways to go before we bottom and I know going to take losses on some of my more recent purchases in the near term I still like land the best. Save up and buy it outright or short term loan (>6months term) if you do.

Extraneous cash goes into gold and silver bullion.

Gold is the money of kings.

Silver is the money of gentleman.

Barter is the money of peasants.

Debt is the money of slaves.

 

[robbiedublu]

Interesting action in the PM markets so far this week. Silver is just getting smashed down. I would think later this week or next week might be a good time to buy for someone thinking about getting into the market.