Buying Precious metals

I'm seriously considering putting a portion of my savings into gold or silver so that it retains its value over the years. Any basic tips or things to consider when buying gold or silver bullion?

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Only buy from reputable sources... I use Kitco ... they will buy the precious metals back from you when you are ready to sell.

Don’t tell anyone when you get them... word gets around and you may get robbed.

Maybe get a heavy safe if you can get it into your house by yourself.

I have 1,000 out of silver... silver is more volatile and has greater up and down side potential... gold is less volatile but is a safer bet

Always weigh what you buy to ensure it’s authenticity

To be fair, weight is nothing. I've seen good Chinese counterfeits of gold bars with tungsten cores.

Yeah buy directly from the company's eBay account. Example Scottsdale silver. Also be patient they will run good deals every 2-4 weeks because they need to raise cash for mining

If my crypto investments take off I will buy more silver and maybe a few KGs of gold

Is apmex a reliable silver source?

American Gold buffalos and Eagles you can't go wrong. For silver don't buy anything over 10oz. Try to stick to 1oz Silver Eagles and Canadian maple leafs. Don't buy hand poured stuff unless you like wasting money.

Yea, tungsten is close but not the same exact weight... I mainly invest in silver

I do plan on getting kg of gold however, that’s about as large as I would go in gold... all bigger sizes are prone to being faked... that’s why you can only buy from reputable sources that will buy the metals back from you

No don’t use eBay.. use the actually companies website

Like kitco dot com or Apmex dot com

I like 100 ozt silver bars but they are not as easy to sell if you want to sell locally ...

I stick with pure bullion... I don’t buy the fancy coins because they have huge mark ups... even American eagles have mark ups... just buy bars... the heavier the bar the better the deal

Yes