Do you like to buy silver, gold, platinum and rhodium bullion bars and coins?
If you do, you are making a prudent investment choice for these reasons . . .
You know exactly what you are buying, because they are precisely measured, and issued by governments and reliable companies that are generally trustworthy.
You can gauge whether your bars and coins are fairly priced, because you can compare their weight to current trading prices. (Note, however, that in most cases bullion bars and coins are sold at prices that are slightly higher than current trading prices.)
They are convenient investments – easy to buy. Plus, they are packaged in sealed plastic containers that protect them, and which can be easily stored in safety deposit boxes, safes and other secure locations.
You are all but assured that the precious metals they contain are pure.
You can enjoy volume discounts, because many dealers will reduce the price per unit if you buy 10, 20, 50 or more at one time.
Okay, those are good reasons. But do they mean that you are making the most profitable investment possible in precious metals if you buy bars and coins? We’ll return to that question in a minute. But first, let’s consider a different question.Read More