What is the best way to invest in silver ingots (silver bars)?
What is the best way to invest in silver ingots (silver bars)? This is probably the first question the potential silver investor will ask after reading or hearing that silver ingots (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 ingots (silver bars):
Find a reliable silver ingot dealer: It’s important to buy from a silver ingot dealer (silver art bar dealer) who can be trusted and who is knowledgeable, not only in terms of knowing the silver ingots (silver bars) that are available for sale, but also in terms of knowing the best ways to get the relevant silver ingots (silver bars) to you the buyer once purchased.
Buy cash: It’s not always possible or easy, but if you can, try to buy silver ingots (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 ingots (silver bars) anonymously is to buy from private silver ingot dealers (silver art bar dealers).
Avoid external silver storage: Silver Bullion recommends that the silver investor avoids external storage of his/her silver ingots (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!