How to Buy and Store Silver with Barbara Goldsmith

[bandcreator28]

the price was awesome when this video was made! if only i had known back in those days to buy silver! aaarrrggggghhhhh

[TheLusseyran]

Well Barbara you were absolutely correct! As silver has grown substantially since this video. Your predictions have stood the test of time. Well done!

[heddi57]

Is buying scrap silver a viable option - will I need to melt it down? Any suggestions on best way to go for holding onto it.

[PhoenixNuke]

Lol, I forgot after awhile that you were talking about silver. After all the 'dealer' talk, I kept picturing drugs.

[urkingod]

You can not get silver rounds/bars in Japan that easy AT ALL. most are investing in "papers". I think there are only 3 companies in Japan who sells them and the lowest you can buy is like 30kg. if you look HARD (VERY HARD), you may be able to buy 1 kg bar plus 5000 yen service charge and TAX.

[vinegaroon1]

Yeah, I'm gonna ship my Silver Eagles off to some geek with a website.

[hozayamz]

In the US- APMEX is the bomb. No sales tax over the internet- keep an eye on the spot silver chart- buy in the dips, try to relax under chemtrail laden skies. Don't worry about the past- the ten year chart makes you look like a fool for buying high, but ask yourself what that wad of Rothschild toilet paper in you wallet is going to be worth shortly. Hang QE 2.

[WolvieProductions]

I live in the UK & just bought a 1oz Lakota-Round on advice.

Are these worth purchasing ?

Thanks.



[MattShep85]

Could i just ask - today 10/10/2010 - is buying silver still viable? How long should i be holding on to it and where to buy / sell it?

Thanks!

[MoneyTalksFinance]

@MattShep85 That's a million dollar question!!! I would certainly consider buying it now - it will go up in value (but it's very volatile - so be prepared for bumps) - and when you sell it is really up to you!! When the time comes, I will hopefully do a video and share it!

[lucretiuscaro]

@MattShep85 Of course it is, but you need to take into account how volatile this metal is. There is a very strong support resistance at 26.400, but you're only worried about the long term, I'd buy it anyway at any price. I honestly believe silver is going up the roof. And if you live in the UK, I can put you in contact with very realible dealers who will charge you very little over spot price.

[The100mis]

hahaha. Canadian eagles, america maples? think you got that a little bit mixed up barb. lmao

[Ryukikon]

The problem with silver is the storage. I mean anyone can take your silver. That is a huge problem, how do you store massive amounts of silver? Now makes stocks more favorable because you don't have to deal with this storage problem. THat is a huge trade off. Think about it how would you move your silver in droves to your home without your neigbhours or someone noticing in the long or short run and not deciding to steal your hard work?

[inkey2]

@Ryukikon I would far rather take my chances storing my hoard of silver coins at home than have my silver in a theoretical form I.E. stocks. Just my opinion but the the entire point of hoarding silver is to have it physically in your posession. If things do really go bad you will need your coins to barter (of course you will need other things as well.... canned food, oil lamps, a hoard of batteries, flash lights, crossbow or gun and ammo...etc...etc)

[TheSilverWatch]

It is always best to hold the Physical Metal. It is less desirable to buy the paper gold or silver contracts, ETFs, etc.

[gingowitch]

U need to study vedic astrology. Western astrology is bogus.

[david85251]

Very helpful video. Can I expect to have the premium reduced for larger puchases?

[siszam]

I buy from Apmex. I have been very happy with their prices and service. They will also buy back silver if you want to sell at a later date.

[pollution2000]

Stock market lost 1000 points yesterday, just another example of its problems. My thought is rent a public storage unit and hide it deep in there

[ToddsVlog]

If you are looking at Numis... but don't want to spend $500 for a coin... but you want to be an investor and a marketer..... check out my channel  I am the Silver and Gold Man!!

[xmenrus]

I buy one once coins and bags of junk coins.

[xmenrus]

Hello love!

[twominutesremaining]

your opinion in silver sounds interesting, but how come you're such an expert in silver? your name is GOLDsmith?!??????

[MAJESTIC10110]

Canadian Eagles! not heard that one before!!

[ToyMaster83]

Do NOT let anyone store your precious metals. Do it yourself. Buy an expensive safe and locate it under your house. Do not tell people you have it. Precious metals are the way to store your hard earned wealth. Do NOT let it sit in banks or in stocks. Keep as metal. Silver, gold and platinum - buy as stamped bullion at the cheapest price (not numismatic coins). Don't waste money on shipping fees - pick it up yourself. Best of all - don't trust companies. Trust metal.

[FunkSpunkter]

That advice is worth an ounce of silver for every word you wrote.

[ToyMaster83]

Many thanks. I wish I had of heeded my own advice a little earlier. But thanks to the fantastic bull market for precious metals and the state of world economies, now is just as good a time to buy them. I am buying as much as I can afford. In PM's I trust. Any mistimed purchases will be rectified in the market trend. It is only going up. If anyone out there thinks they have missed the boat, jump on. We are still in port. Buying within the next 24 to 36 months is the real key. Gains to be had.

[73cupcake]

@ToyMaster83 I live in an apartment condo . . can't store it under my house . . what do you suggest for storage then? Thx.

[ToyMaster83]

@73cupcake Sorry for the late reply. I would store your precious metals in a safe in your house as long as it conforms to the following conditions: It is a VERY heavy safe that is BOLTED into the floor/wall of the apartment OR is just extremely heavy and would be EXTREMEly difficult for a burglar to remove/enter the safe from the house if you were broken into. Ensure the safe is concealed behind a door of a cupboard or under the floor if possible out of plain view. All the best.

[ToyMaster83]

Also - for anyone interested, I have swapped all of my gold for silver right now and will reassess at the end of the year if I need to switch back to some silver. I'm certain silver will outperform gold this year.. if there is a correction waiting to happen, that's when you swap back to gold.. when the correction actually eventuates, thats when you swap back to silver. Silver for massive growth but volatile both ways short term, gold for stable, steady growth.

[thevideovlogger]

@ToyMaster83 Coins are good to buy though... People know what there worth... And If you look around you can find them cheap... They are easily recognized by people...

[ToyMaster83]

@thevideovlogger Are you talking about circulation coins ie. australian florins, threepences, 50 cent pieces / usa quarters etc? Or government issued pure silver coins? Yes either way is good. It all depends on your strategy and how much money you have to spend. Wasting time looking for bargains right now may bite you on the ass... price jumped almost two dollars in not that many more days. Personally if you're going to get coins, buy perth mint coins - they make kookaburras, koalas and lunars.

[thevideovlogger]

@ToyMaster83 Talking U.S. Quarters, half dollars, and dimes...

[ToyMaster83]

ALSO - Just about every other mint or refinery uses the Perth Mint coins as a benchmark to compare their standards as the perth mint has the highest quality finishes on their coins and are recongnised world wide. Australia not only make dazzlingly quality coins, we are one of the most geopolitically stable countries in the world. IF in the unlikely event something were to happen, the Perth Mint is also backed by the Western Australian government.

[purepaloma]

Scottsdale Silver makes some incredible bars in the USA

[soundzero]

except they are overpriced. 10oz bars, you shouldn't pay more than $1over spot.

[pinup22]

@soundzero Well....I respectfully disagree. Those prices are for CREDIT CARDS and shipping is free. Most companies will tack on commissions and hundred dollar shipping fees on the end. Plus I have noticed that the resale price of the Scottsdale bars are some of the highest on ebay. I have a video of some of the bars I've bought.

[soundzero]

If I am going to pay more than $1 premium on a silver bar then it will be JM or EH. Not some private bars made by Academy.

[soundzero]

APMEX stackable 10oz bars are exact same bars made for SS by Academy and it commands $1 or less for volume purchase.

[pinup22]

@soundzero If you buy about a grand worth --- and price out a credit card transaction, it comes out to be just about the same. Plus, you can contact Scottsdale as I have and get a even greater discount for a bigger order using bank wire. All I'm saying is we are talking about peanuts in the end and it's preference of who you trust, etc. Can't go wrong with either name... Go Silver !

[soundzero]

now why would I want to trouble myself from calling and haggling with sales people? why can't they offer the price for larger volume discounts and indicate clearly on the website discount they are willing to give for lets say CC purchase vs Wire? APMEX and Gainesvillecoins both does it. Anyways, I see today SS advertising 10oz stacker for $191 That's nearly $2.50 over spot per oz. Same stacker with APMEX stamp goes for straight up $1. I could see that clearly on their website.

[ToyMaster83]

I agree. Right now, you could pay $35 an ounce and it isn't going to matter. Just hold onto that silver for many years. It will make you a MILLIONAIRE. You will laugh when you tell people you paid $35 an ounce when everyone else was trying to skimp and pay 18 or 19. You just wanted the metal in your hot hands. And ..thats what its comes down to. These metals are long term investments. Silver is depleting and money printing is causing gold to skyrocket. Either way..up up up. Don't waste time.

[donniebrasco24]

yes they are nice, but overpriced considering they arent really known worldwide... not yet anyway

[pokermon919]

I have some, the stackers are awesome

[donniebrasco24]

canadian eagles? never heard of them, are they new?

[barbaragoldsmith]

Oops - Canadian Maples of course!! :)

[soundzero]

Canadian Maples. They are gorgeous.

[urkingod]

I like you ~!!!! :-)

[davfritz]

I hope the bum falls out of the price for a while...'cause I want to buy more... never mind that I bought a lot at a higher price..... I'm only in it in case of a fiat currency collapse

[ANTIDALLARD]

Why dont you just go down to coral and put it on a horse.? Is'nt it pretty much the same ?

[ToyMaster83]

@ANTIDALLARD Putting money on a horse is not the same as money into silver. Read a book ..or better yet..I'll tell you the facts. Last year $16.50 an oz. Now .. $35 an oz. ha ha. I doubled my money. What did you do with yours?? LEft it in a bank ?? Or did you gamble it?? My advice is BUY SILVER now. or at least by an ounce of gold. dont be pig headed and pathetic. peace.

[ANTIDALLARD]

@ToyMaster83 I dont need the FACTS from YOU, one year on. I bought mine in 08 for 18. so I dont need any advice from a prick. PEACE. and fuck you !

[MoneyBags73]

for more info on silver being a possible buy of a century click my name.

[greatwassim]

i suggest

buy some coins

buy some kilo bars

buy them from places you expect you can sell them in 5 to 10 years time

dont go to dealers

they are thieves

buy it from a bullion dealer

[evilferret132]

thx 4 info

will silver still go up??

in £s?

[ToyMaster83]

Silver will skyrocket in every currency. Buy as much as you can. Robert Kyosaki built his own silver mine and is hoarding it. That's the investment of the century. Take his advise and buy it like it is delicious chocolate! Yummmmy yummy. We love you silver.

[ToyMaster83]

@evilferret132 Have a look at kitco website. when u posted this comment it was $16.50 .. now its $35. did you buy any back then? No? If you didn't join thousands more who wait around and sit on their hands. silver and gold are not a gamble. they will always have value. why do you think silver and gold are the only things actually classified as money. paper and plastic is NOT money, but currency. They DO NOT retain value- gold and silver do.

[beswick1111]

0.49 sec, theres no such thing as a canadian eagle love, do some research, i still think a woman taking silver turns me on more than porn.

[Synergistik]

It's was a great price back then compared to now. Good thing I bought a few more eagles around $16 USD before the current spike!

[laptopanimal]

Well you've convinced me to buy some silver. Now I'm just worried about where to buy some from, how to know if it's genuine etc. Just searched online and looked at coins4investment website. Have you an opinion on this site?

[Kashmir2000is]

Apmex. They have great prices, the site is easy to use,there are no hidden fees and they ship fast. I suggest that you stick with rounds. Hold off on the bars, Watch here on YouTube: (updated) US Government declares WAR on Gold and Silver owners! He is very good and will talk about the bars and our government. You will want: Canadian Maple Leaf, Silver American Eagles, Australian coins also. Stay away from Chinas coins, there have been probs' with fakes going around. Good luck! :)

[Kashmir2000is]

Also, invest in some junk silver. 90% Check out eBay, but be careful. They have gone a little nuts lately. Esp. with postage fees. But there are still some good deals there.

[laptopanimal]

Thank you for all that info.

I am actually in the UK, so I would it better for me to aim for 'English' stuff...which I believe would be Brittania?

[laptopanimal]

haha...correction....'so it would be betterfor me'

[Kashmir2000is]

Yes, the silver Britannia is a good ingot. For one oz expect to pay any where from $30.00 to $35.00. Do not pay any more than that. However, don't limit yourself to just this coin. Go for the other also. They are universally known coins, which is part of the point. You should mix it up for a good collection. For each type of coin check the going price , Also, make note the year of the coin, each year could have a different value to it.

[laptopanimal]

ok...thanks again.

[beswick1111]

ill tell u one thing, if evrything does belly up in the USA UK and western countries, the best investment will be a handgun with plenty of ammo, my grandad who was in poland during WW2 told me in the panic when the germans were attacking, people didnt even want to sell their bread for gold coins, because u cant eat gold, people were starving and bread was worth more than gold or gems, believe me if u want or not, but if the western world crashes and all hell breaks loose own a gun

[evilferret132]

...hmmm it will not go belly up

BUT

a big but

both the doller and the ppound will feel bad in this recetion

america will have to print loads on dollers to pay its debts

which will make inflation

i dont know about UK it will be in economic dead lock (wont be able to pay for anything)

the gun sound a very good investment buy 2 in fact (maybe ak47 and a sub machin gun uzi 9mm)

stock up on tined food and or a vierbale water source

[stevomil]

shes describing it very well, nicely done!

[CelticReject]

Why would you not advise buying 1 kilo bars? You seemed to favor 1oz rounds and 10oz bars. Thanks for a good video. Peace.

[MoneyTalksFinance]

1 kilo bars are fine - just quite difficult to store if you have a lot of them.

Thanks for your comments :)

[CelticReject]

It would be a nice problem to have though!! lol. ... if only.

[RJBFIRECHIEF1]

@CelticReject 1 ounce, and 10 ounce have high premiums!

Buy 100OZ bars.

Like toymaster says, don't pay for shipping, or storage.

[ToyMaster83]

@RJBFIRECHIEF1 - hi mate, I'd actually advise on 10 and 20 oz bars - perth mint ones. They are well priced for their size and are of high quality. Best of all, smaller denominations are easy to liquidate if necessary. Big bars are only good for extremely rich individuals who dont mind ditching one of their hundreds of 100 oz bars. much easier to get $380-ish for a 10 oz'er and still have the rest sitting in your stack appreciating in value. For many people 100 oz is all they have.

[charliehelyes]

ebay has some very good silver sellers based in the channel islands such as sarnialady i have bought alot from her and other channel island sellers for a very good price in amounts of 5 ounces

[turboredcart]

I oz, 10s and junk silver. I am detoured by ebay- 2 sellers 20 ounces. Never sent. The one I won the dispute- but it takes 5 days for paypal. The other is pending. But during this wasted time- the prices went up and so here I am. $330 worth of silver poof. Some people are disparate!!