HoyaGuru

Cool, thanks. I've been getting mine at walmart.com with a capital one walmart card that gives me 5% cash back, with that factored in, best I got so far is 100 ounces at 37 cents premium per ounce. Then I use the cash back to buy more silver. But getting it at spot, can't beat that!

That's what I figured.

Searching around today, came across this: https://tinyurl.com/ycku39hy Researched the company, haven't been able to find any evidence of it being a scam site, but come on, how is it possible for them to be selling ASEs for $19.00 each, free shipping? I'm going to give them a call tomorrow to see what they have to say, but I really don't know enough yet about silver to ask them the right questions. If I were to order some, and they are fake, I am guessing my credit card company would get my money back. Anyone ever hear of them, or deal with them? I'm guessing the old saying, if it sounds too good to be true it probably is, would apply here.

OK, finally had the time to watch the videos. Seems the more I learn, the harder it is to decide on what to get. I can get the buffalo rounds for as low as 37 cents over spot, if I get a dollar apiece over spot when I sell them, I make a little on the premium. If I pay an extra $2.50 to $3.00 over spot for ASEs, and get $2.50 to $3.00 over spot when I sell them, I'm just breaking even on the premium. Where would the premium for ASEs have to be for it to be worth getting? In one of the videos above, the guy is saying they were something like $16.00 over spot at one time. I'm guessing it's going to be a different amount from every buyer, what they will pay over spot for ASEs, I've seen many videos of guys calling around to see what coin shops will pay for silver, they are all over the place. I guess if I can get them for $2.00 or less over spot, it would be worth getting some ASEs, otherwise I think I'll stick to cheaper rounds and bars. Another way to look at it, if silver were to go up to $50 an ounce, it would probably go up and down in price by a dollar or two every couple of days, waiting and selling the Buffalos at $52 or $53 instead of selling the ASEs at $50 would even everything out, but I'd have to depend on luck for that. Too many ways to look at the question! Lol, thanks for the advice, I have a lot to think about before my next purchase.

Thanks for the info. I might be looking at it wrong, but the way I see it, an ounce of silver is an ounce of silver, I'd rather get it as cheap as possible. Can't see spending an extra $2.50 or more per ounce for the same weight in metal, unless I'm going to get more for it when I cash it in. Coin shops don't pay more for American Silver Eagle rounds than they do for Buffalo rounds do they?

Hi, new guy here. Quick question or two... I can get 1 oz silver rounds today with a premium of 81 cents per ounce, but they are the Buffalo design, with the Native American on the other side. I keep reading that the American Silver Eagle rounds are better, but the best I can get them for today is at a premium of $3.79 per ounce. I've found this every time I've searched, it is not always this much more for the American Silver Eagles, but the premium is always much more for them. Why is this? Why are the American Silver Eagles sought after, and why are the cheapest premiums I find always on the Buffalo rounds? Is it worth it for me to shell out the extra money for the American Silver Eagles for some reason?

Hi folks, total newbie here, I feel like I'm getting an incredible deal on silver, don't know if anyone else knows about this. I just started stacking a little over a month ago, been spending hours every day watching videos, reading articles, and going through forums like these, but I still don't know much. Just purchased 200 ounces over the past month, my first purchase cost me around $3.00 per ounce premium, but my last 100 ounces have been just 38 cents per ounce premium. Here's what I can get today. Lot of 5 - 1 oz Rounds, spot plus $1.45 per oz premium. 10 oz Bar, spot plus 56 cents per oz premium. Roll of 20 - 1 oz Rounds, spot plus 75 cents per oz premium. 1 Kilo Bar, spot plus 48 cents per oz premium. Lot of 100 - 1 Troy oz Buffalo .999 Fine Silver Rounds, spot plus 38 cents per oz premium. No tax, free shipping, and this is the credit card price. I've posted out here before and made an ass out of myself because I didn't know what I was talking about, but I've actually been getting silver at these kinds of prices, is it OK to post out here how I am doing it? All totally legal, above board, however you want to put it, and it is all 100% real silver.

Thanks everyone, I'm 58 years old and I feel like I'm back in high school with all the studying I'm doing lately on this stuff. I appreciate the posts from everyone, please let me know if I make any faux pas out here and ask the wrong type of questions. Still waiting on my new Capital One Walmart credit card in the mail, which will give me that 5% cash back for anything I buy off of Walmart's website, hoping the cost of silver doesn't go up too high before I get it, looks like it went up 90 cents since yesterday. That 5% cash back will cut my premium more than 50% for the next year, so I'm planning on getting as much silver as I can. Kind of holding off on gold until I feel like I have an handle on the silver, I have a lot to learn about silver coins first, I don't feel comfortable buying them yet, I don't know enough not to be taken advantage of, it all seems pretty subjective to me at the moment.

Been checking every 2 or three days, here's today's breakdown at good old Walmart (spot price right now is $23.42): 1 oz round = $32.66, premium = $9.24/oz. 5 oz rounds = $134.45, premium = $3.47/oz. 10 oz rounds = $262.90, premium = $2.87/oz. 20 oz rounds = $523.80, premium = $2.77/oz. 1 kilo bar = $831.72, premium = $2.45/oz. No tax, no shipping cost. This is the first time I've checked where the cheapest for each weight is in rounds (except for the kilo), usually it's bars for most of them.

Yes, been watching probably 5 or 6 hours of videos a day for the past month trying to learn all I can, saw plenty of Yankee Stacking's videos so far. Not sure about gold at this time, most of the research I've done tells me to buy silver more than gold right now. Once I get a nice bunch of silver in my safe, I'll start looking into gold. I've seen a lot of videos saying that silver will likely go up in price faster than gold, and if that happens, it would be a good idea to trade the silver in for gold, but I'm not even close to that point yet.

Yes, I've been doing that so far, but just starting out, just hit my first 100 ounces.

Well, not what I expected... My situation is, I don't have a mortgage, car payment, no debt at all. Most investing I've done over the years is in the stock market, which is how I got interested in silver, as I was buying stock in a silver mine that was very volatile, made a nice bit of money off of it, decided to look into just buying silver to hold onto, and immediately got hooked. My immediate plan is this: The best prices I've found on silver bullion is through Walmart, and I can get a Capital One Walmart credit card that will pay 5% cash back on anything I buy through their website for one year, so that cuts my premium practically in half. I have the card on the way to me, once I get it, I figure I will buy whatever is the best deal each week, until I use up all the cash, and end up with a nice little stack to sit on. Does this seem like a good idea, or could I do something better? I only have a few silver coins, don't know enough about them to make the best decisions on buying them, so I'm going to stick to bullion until I can educate myself. Should I be concentrating more on coins, or just stay the course with the bullion? I appreciate your posts, I'm frustratingly new at this whole silver thing, any suggestions would be most appreciated.

Imagine you had a nice windfall, you hit the lottery, you were a beneficiary in someone's will, whatever, and today you received $20k you weren't expecting. What would you do with it? Now, since I'm asking this question on a website called The Silver Forum, I'm guessing everyone is going to say buy silver, but what exactly would you buy? All bullion? Some bullion, some coins? Would you make a deal with a retailer and buy 20k worth at one time, or buy a small amount each week? Or, would you buy stock in silver mine? I'm interested to see the different strategies. I'm kind of in this situation (unfortunately it's not $20k, but it's a nice chunk of cash), and trying to figure out what to do with it. I've been trading stocks for 20 years, just got into silver a month ago, and I'm liking actually having something tangible in my safe, instead of a bunch of numbers in my stock program.

Aah! Sorry, I'm new, thought a kilo of silver was 35.274 ounces. Turns out it's 32.151 troy ounces. I'm an idiot, thought I had found an incredible buy.

Hi folks, new out here. hope I'm doing this right. Been searching for the last month for silver close to spot, best I could find was between $2.50 to almost $4.00 above spot per ounce. That is, until I finally found a good deal, 1 kilo bars for 5 cents above spot per ounce, free shipping, and no tax. The price is changing constantly, and as I am writing this it is 2 cents BELOW spot per ounce. Try this: https://tinyurl.com/2w975j96 Hopefully it doesn't go up too high before some of you can take advantage of it. Ships from Apmex, but it is cheaper than if you look the exact same item up on their website.