RE: Looking into precious metals

I would highly recommend putting a portion of you assets into precious metals. The recommended amount is 10% of your liquid assets. Equity on your house plus all other investments.

The problem right now is the dealers are charging very high premiums on all physical metals. I would suggest finding an LCS (local coin shop) near you and make friends with them. Most LCS’s charge $1 or $1.50 over spot for silver. Silver would be my first suggestion buying. If have any more questions feel free to comment back or you could DM me on the Silvergoldstackers discord.

PS - I wouldn’t buy any bars over 10 oz., they are a little harder to sell especially when the prices go up. A kilo is 32.215 ozs. That’s over $1000 a bar right now.

Also you have to consider resale value. Silver & Gold most Buy Gold places or LCS’s will pay you 90% spot for them, unless you choose to sell it yourself on eBay or the likes. While platinum and palladium they might give you 70% for if you are lucky. They usually don’t hold onto them and instantly sell them to a smelter and make 10-15% on them.