Wheres the best place to purchase .999 Silver - garanteed?

Question

I want to invest some money here and there into metals and right now I want some silver. Im looking for a garanteed silver content of .999 with minimum fees. And Im looking for a trusted source.

Answer 1

Any coin shop. They peddle those American Eagle one ounce silver rounds.

Answer 2

If you buy the silver you'll have transportation costs or storage costs. Plus the hidden fees to purchase are very high.

The best bet......... Use the ETF "SLV".  It will cost you between $1.00  and $12.95 & it's very liquad.

Keep your purchase of silver less than 2% of your portfolio. 1% is the best idea.  Don't ruin your "asset allocation" on a gambling move.

Answer 3

Why .999 silver?  If you know enough to really know the difference, you should know where to purchase it.  Since you don't, I will surmise you're a bit of a noob.  Thus I would recommend you buy a silver-based ETF that actually holds silver (as opposed to one that owns the stocks of silver mining companies).  You should probably look at the iShares Silver Trust (ticker: SLV) as your easiest option, if you have a brokerage account.

Answer 4

coin dealers have always sold one ounce silver bars and the bars are marked .999 right on them - prices will change daily based on the spot price of silver - any dealer is as good as any other