How to Buy and Store Silver with Barbara Goldsmith

http://www.financemoneybusiness.com
How to Buy and Store Silver.
Is silver still a good investment?
Barbara Goldsmith, financial adviser, gives her top tips.

Category:

Education

Tags:

• silver
• buying
• coins
• bars
• gold
• commodities
• investment
• investments
• finance
• money
• business
• prices
• upward
• downward
• inflation
• barbara goldsmith
• future
• predictions
• storage
• goldmoney
• and
• currencies
• banks
• deflation
• hyperinflation
• fiat
• federal
• reserve
• dollar
• us
• obama
• governments
• control
• tax
• haven

[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!

[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.

[soundzero]

Canadian Maples. They are gorgeous.

[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.

[thevideovlogger]

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

[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 !

[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.

[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.