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    Hamilton, Ontario, Canada
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  1. Exactly my choices! 1, 4 and 5. And forget for the moment about the collection, like numismatic. You would want that with you in some kind of album or display. No, we are talking about stash that consists of many rounds and bars. We are talking about the accumulation of wealth (weight) in the form of silver or gold investment grade pieces. We are talking about the kilos of silver. It becomes risky and hard to hide.
  2. It is too bad that this post can't be processed as on-line voting so we all see statistics coming out of it. A question is very serious and should make you think. Whom out of the following would you trust to keep your stash safe? The answer could be an easy choice but I'll throw in add-on complication add-on question "and liquid". So here we go: You want to safeguard it yourself at home, period In the bank deposit box At the privately owned professional storage service (Brinks, Loomis) You don't have any problems buying digital silver. For example Gold.co.uk You buy it there and keep it there, sell it back if needed Precious metals storage service, an offshore location like Hong Kong, Singapore or Caymans Before you select one or two let me add this. First and the natural response is to keep a stash at arm's length, in your own home. You can see it, touch it, costs nothing to keep and it's ready for a spell if you need it. I agree with having a relatively small amount of coins and bars like that. However, if the stash is substantial so risks are as well. So I would say keep a few thousand dollars worth, let's say $2000 at home and let the rest be stored at a secure location. One of the 4 choices listed above. Again, strictly as storage, only any of 5 would do. However, with liquidity requirement only #4 and #5 would be good. With anything else when you want to sell parts of your holdings, you have to do it manually by advertising, selling to a dealer or coin shop. So take that in account when selecting your preferred way of storing your metals.
  3. There are reasons why China, Russia, India, and some other nations are going back to the fundamentals. Recent Basel III regulations confirm that they are on the exactly right track! Everybody should read a few words about Basel III. Especially us here, on the silver forum. Decreasing confidence in currencies is a widespread idea. It is about assets bank have to back up their financial position. If push comes to shove and there is a run on bank will bank have financial strength to stay on their feet? In very short terms Basel III, which is a central bank of the central banks is moving gold from being #3 tier asset into the #1 tier asset where it will be valued as per current true value, not a 50% as before. Generally speaking, banks have gold in their treasuries, but how much. For example, central bank Canada, by an inexplicable act of stupidity sold all national gold. Whoever did it should be shot. Whatever happens to gold (especially good things) reflects positively on silver. I admit those positives are coming waaaaaay too slow, on eyedropper. Precious metals are sure not suitable for impatient people.
  4. Pete, I am in the same boat as you are ... and everybody else in this forum. We believe in silver and save silver. My honest opinion is that it will happen within 1.5 - 2 years and it will happen "thanks" to the USA. They shoved USD down everybody's throats and it is about time that USD loses the status of the world's reserve currency. China, Russia, Japan, India are already trading between themselves in their currencies or anything but USD. They are also hoarding gold and silver (silver to a smaller extent). China clearly wants Yuan to be major if not the main currency in the international basket of currencies, and also a major part of SDR (which is another bullshit currency intended for global domination). One day China will have enough. It will dump T-bills (they have about 1.5 Trillion of that bad) and will declare Yuan being backed up by gold. If you think that is like Sci-Fi you must know that for about year now they have a Gold Yuan used to pay for oil to Arab exporters. That paper Yuan is exchangeable for real gold on the Shanghai exchange. Can't get better than that! What do you think oil producers rather take, petro USD that is worth of bag of terrible or Gold Yuan that is actually a gold bars. Time, when USD was backed up by silver and gold, has long passed. Pay attention to the pictures of dollars in the second half of THIS ARTICLE . So when they declare regular Yuan being backed by gold, not to be pushovers, Russians will do the same the Rubles. At that moment those nations having gold and silver will re-evaluate it to new heights! Gold will skyrocket and silver will follow. I hope and predict that at that time will silver get it's rightful value in relations to the gold. It will not be 1 tp 86 ration but something much closer to 1 to 10 or 1to 20. Your, mine and everybody else's stack on this forum will jump from a few hundred or few thousand dollars stack into something that will bring smile on our faces. It won't be a 20% jump but something in "Bitcoin style" multiples or thousands of percent. That will be game over for USD. It is actually the only thing that America is successfully exporting around the world. Nodoby will want it any more. Inflation will hit, followed with hyperinflation. Paper money will become next to worthless or truly worthless. Suddenly people that stack silver coins and rounds will become very popular and in simple terms wealthy. Merchants will take silver coins for sure. They ain't fools. Link to silver used as money article is in the body of the main post. It is pretty much explained in those articles. There is one more about why you should invest in silver but reading it may be wasted since YOU and other people here do not need any convincing. Otherwise, we wouldn't be in this forum in the first place, right 😀 ?
  5. There is an article about that right HERE in an American magazine called Medium. It is in Data Driven Investor section. There is also another article about the usage of silver as money HERE .
  6. Thanks for answers. You still surprised me with eBay. I checked it out and sure enough, sellers are asking 3+ dollars more than I pay in Canadian PMX. I find it strange. If buyers searched Internet they would run into better deals for sure and sellers are reputable dealers.
  7. Hi there, I am in Canada. I don't have any problems buying and getting silver coins and bars at reasonable prices. I made some orders through Canadian PMX and it went fine. My problem is serious even that it is hypothetical at this time. I am not selling anything but if I was to sell I am not delighted with choices. I would like to avoid eBay and Amazon. I wouldn't buy there and also wouldn't like to sell there. Even worse is Kijiji or Craigslist. There direct contact with the buyer is necessary for a transaction to be completed. I don't want to meet unknown people in coffee shops, plazas and let alone in my home. So what's left? Coin shops which traditionally pay very low. Last would be the same dealer I purchase stuff from. I just called there and this is what it costs to buy and what they would pay to buy it back: > 1 oz. Canadian Maple Leaf - $23.35, would get $19.34 (-17%) > 10 oz. PMX Silver bar - $220.09, would get $193.00 (-12.3%) What do you think about those rates? Is there a better way or place to sell silver pieces? I definitely appreciate transparency and straightforward process at the dealer. Why you do when you want to sell?
  8. Buy kilo bar instead, it will cost less for sure and is still real McCoy
  9. Imwstamps, in regards to buying stuff at eBay. Take a look at this piece. This is a fake gold bar, Chinese production. Cobalt in the middle, gold shell outside. They are quite good with that. In some opinions, there is about 50% of a fake god bar and coins sold on eBay. They probably don't have interest to do the same for silver since it costs so much less. Sellers are Chinese or their proxies.
  10. Here is an article of buying and holding a silver, why, how, where to hold it. Also, there is an article about silver finally becoming a money. If that is where the world is going every piece of silver will worth way more than what we are paying today.
  11. It is easy to buy silver in Canada. I purchased some nice stuff at PMX. They are located in Toronto. Got it by UPS. You can read more about it here: https://medium.com/datadriveninvestor/how-i-finally-got-some-real-money-7a2842e87ee9?source=friends_link&sk=a6b162beac0656ed50781e9416296287
  12. I believe the video is non-scripted genuine. People's ignorance is simply limitless. I saw videos where people on the street were asked who is Elon Musk and best they came up with was girl saying that it is a perfume producer. Also, there was a video where they asked which country should US invade next. The common answer was France (??) and when asked to point it on the map everybody ready to bomb France pointed to Australia. So picking chocolate bar rather than silver bar is nothing to be staged.
  13. That is kind of a point this article is trying to make https://goo.gl/RN88yy Silver has a stored value = buying power that is pretty much constant throughout last 5000 years. If then a loaf of bread was valued 0.5 grams of silver it should be the same today. Currency that we use every day and many currencies before made everything skewed where true value of silver is measured by money that is based on nothing and is printed at will by the Government. Every Government in the world does it. Still, I believe when silver effectively replaces money people will finally realize what is real and what is fake. Everybody will want to receive and have silver rather than paper.
  14. If you didn't see this video you should: This is one of the major reasons why silver is badly undervalued. The general public doesn't care about silver, doesn't understand it's importance, doesn't see stored value in it, doesn't see the possibility that silver should be used as only true money (gold as well). Us here in this forum liking and appreciating silver is a drop in the sea of ignorance. I guess the public has to be educated better, a truth revealed, articles written, videos recorded, discussions started. Same guy recorded 2 more videos. One more about silver giveaway and one offering small gold coin or chocolate bar. Let me know if you want links?
  15. We are all in this forum for one thing - silver. Collecting silver coins, rounds and bars is common idea here. Silver was money forever. Countries like Mexico are bringing back selection of silver rounds. But what future of money holds? Most likely crypto currencies? Not according to this article: https://medium.com/datadriveninvestor/endless-quest-for-the-perfect-money-solution-in-hand-5cb3272002f7?source=friends_link&sk=f2426b6d56309b6f90f9d6b2abe87598