This is why my Boys and I chose to by more Physical Rob.
I've been steadily accumulating Gold and Silver in fairly large amounts since we decided to bail out of the stock market.
Miners are a good investment and we plan on buying back some stocks, ... but we decided that the bulk of our cash should be in something that's going to hold long term value.
When you buy miners your still in fiat, granted your fiat is going to increase as a total, but the outcome of owning more money does not diminish the risk of devaluation, perhaps you can double your money if your stocks do well, ... but that puts you right back where you were before it was devalued, and lets hope that is the case and not a total default when the time does come, because it is coming, the world is fed up with this Government.
Gold and Silver will hold its value and also increase from these levels in hard times, isn't that what all of you are betting on by buying mining stocks?.
Even if I were to sell it at a discount when the dollar implodes, ... I would be willing to guess my return would be greater than any stock can return.
JMO.
Here are the three bullion companies we are buying from and this is not a solicitation, just some information from a guy you can trust on this matter.
texmetals.com
... this one has the best price, but they charge for shipping and Insurance ($25) unless you buy 5-k or more at a time.
jmbullion.com
... this one has very good prices and they dont charge for shipping on any amount you buy, both shipping and insurance are free and they are just pennies above the texmetal prices, this is your best bet, but according to some reviews they do have problems with filling orders promptly, the delivery times are said to be longer, but I've not had a problem at all.
apmex.com
... this one is a bit higher in price but the most reliable and perhaps a National favorite.
Cash is king when you buy from any of these guys, credit costs slightly more, and all of them require a signature upon delivery, either by UPS or US-Mail. |
