What is the best way to invest in silver bullion bars (silver bars)?
What is the best way to invest in silver bullion bars (silver bars)? This is probably the first question the potential silver investor will ask after reading or hearing that silver bullion bars (silver bars) are among the most popular forms of physical silver to invest in or to own. This question in essence goes hand-in-hand with the following question answered in another section of the Silver Bullion website: How to best approach the silver market?
Common sense tells us that the following must be of importance when establishing what constitutes the best way to invest in or own silver bullion bars (silver bars):
Find a reliable silver bar dealer: It’s important to buy from a silver bar dealer (silver bullion bar dealer) who can be trusted and who is knowledgeable, not only in terms of knowing the silver bullion bars (silver bars) that are for sale, but also in terms of knowing the best ways to get the relevant silver bullion bars (silver bars) to you the buyer once purchased. In fact, you want to find a silver bar dealer (silver bullion bar dealers) that will meet you at least half way in terms of the premium charged when you want to acquire or buy silver bullion bars (silver bars), because you want to buy in bulk.
Buy cash: It’s not always possible or easy, but if you can, try to buy silver bullion bars (silver bars) cash. We do not want to spell it out here, but if you’re smart enough you should know what we’re trying to convey. Cash is king after all, especially if anonymous silver purchases are important to you and your financial well-being A great way of acquiring or buying silver bullion bars (silver bars) anonymously is to buy from private silver bar dealers (silver bullion bar dealers).
Avoid external silver storage: Silver Bullion recommends that the silver investor avoids external storage of his/her silver bullion bars (silver bars) as far as possible. This is not only to avoid storage and similar fees, but to retain full control over his/her silver investment or investment in silver. The last thing you want to do when hyperinflation is at the order of the day, when the store shelves are running empty, when large scale riots and civil disorder break out, is to queue at the bank (or elsewhere!) in the hope of gaining control over your silver! You will not only be fully exposed to possible silver confiscation and outright thievery, but you can bet you will be exposed to extreme physical danger as well.