So now you’re probably wondering, how do I get my hands on some silver?
As with most purchased these days, you have two main options, online or in-person retail. The advantages of each are about the same as with choosing to buy a TV on Amazon or at Best Buy. Online is (almost) always cheaper and you will have a much bigger selection, but by buying something in person, you get the added benefit of taking your silver home with you that day and the comfort of knowing that if you have any questions (or issues) regarding your purchase you have someone to speak with (or confront).
If you want to invest in physical silver, In my opinion, you have three major categories of silver to choose from; Nationally Minted Silver (NMS), Privately MintedSilver (PMS) or Manufactured Silver Goods, such as jewelry and Silverware. In this post I’ll discuss what I see as the benefits and drawbacks of each one of these options, and which you should put your paper money in.
Silver price is massively under valued due to the price manipulation preformed by banks since the late 1800’s. If we revert back to the historic (300+ yrs) Gold/Silver price ratio, silver should we worth ~$80/oz. at today’s gold price of ~$1,300/oz. (which many believe is itself undervalued)