In regards to buying silver, I would very much like to buy some (maybe even quite a bit), but I am absolutely overwhelmed by the MANY different kinds of silver out there. Here are just a FEW examples:
*American Eagle coins
*Canadian Maple Leaf coins
*Great Britain Britannia cons
*Australian Kangaroo coins
etc...
And then there is there other silver products out there such as silver rounds and silver bars. And just as there are many different silver coins to choose from, there are also many different choices among the silver rounds and silver bars. And then, what about the sliver junk coins? That is yet ANOTHER possibility to purchase.
It's easy for everyone to say, "An economic collapse is coming. Go out and buy silver". But WHICH silver do we buy?? I am totally paralyzed by the overwhelming choices of silver. I don't know which specific silver is the best to get or what to stay away from. And for the many other people out there that has also never bought gold or silver before, I'm sure they are just as clueless as I am with buying precious metals.
Hi Randy. I think the best types of silver to buy are simply 1 oz. American Eagles. You can trust those more than silver rounds. Although some people buy just the cheapest form of silver they can. If you are in the USA though, I think it's better to have American Eagles. If you live in Canada, get the Canadian Maple Leafs, etc.
Glenn, thanks for the advice. That was actually my first thought (to just go with the American Eagle silver coins). After visiting the website of a silver dealer, that is when I became overwhelmed with all the many choices of silver.
As a general thought, it sometimes seems life would be a lot easier if we didn't have so many choices in life. lol.
Glenn, you said in the video that you own stocks. However, if their is an economic collapse and the dollar becomes worthless, then won't the stocks become worthless? It seems to me that this is not a good time to own stocks and to instead only invest in silver & gold, as well as invest in other physical things such as prepper items (food, water, firearms, solar generator, medical supplies, etc).
I listened to Steve Penny interview. Very interesting. Questions. I'm a 72 year old retired Police officer. Fixed income. Old dog new tricks? Never had a trading account. Know nothing of trading. Learning curve? Has this ship sailed for me?
Hi Thomas, glad you liked it. Thank you for your service! To be honest, I didn't know anything about trading until a few months ago. It's actually not hard, and I've seen good returns. If enough people are interested, I may do a video to show what I've learned so far.
In regards to buying silver, I would very much like to buy some (maybe even quite a bit), but I am absolutely overwhelmed by the MANY different kinds of silver out there. Here are just a FEW examples:
*American Eagle coins
*Canadian Maple Leaf coins
*Great Britain Britannia cons
*Australian Kangaroo coins
etc...
And then there is there other silver products out there such as silver rounds and silver bars. And just as there are many different silver coins to choose from, there are also many different choices among the silver rounds and silver bars. And then, what about the sliver junk coins? That is yet ANOTHER possibility to purchase.
It's easy for everyone to say, "An economic collapse is coming. Go out and buy silver". But WHICH silver do we buy?? I am totally paralyzed by the overwhelming choices of silver. I don't know which specific silver is the best to get or what to stay away from. And for the many other people out there that has also never bought gold or silver before, I'm sure they are just as clueless as I am with buying precious metals.
Hi Randy. I think the best types of silver to buy are simply 1 oz. American Eagles. You can trust those more than silver rounds. Although some people buy just the cheapest form of silver they can. If you are in the USA though, I think it's better to have American Eagles. If you live in Canada, get the Canadian Maple Leafs, etc.
Glenn, thanks for the advice. That was actually my first thought (to just go with the American Eagle silver coins). After visiting the website of a silver dealer, that is when I became overwhelmed with all the many choices of silver.
As a general thought, it sometimes seems life would be a lot easier if we didn't have so many choices in life. lol.
Glenn, you said in the video that you own stocks. However, if their is an economic collapse and the dollar becomes worthless, then won't the stocks become worthless? It seems to me that this is not a good time to own stocks and to instead only invest in silver & gold, as well as invest in other physical things such as prepper items (food, water, firearms, solar generator, medical supplies, etc).
I listened to Steve Penny interview. Very interesting. Questions. I'm a 72 year old retired Police officer. Fixed income. Old dog new tricks? Never had a trading account. Know nothing of trading. Learning curve? Has this ship sailed for me?
Hi Thomas, glad you liked it. Thank you for your service! To be honest, I didn't know anything about trading until a few months ago. It's actually not hard, and I've seen good returns. If enough people are interested, I may do a video to show what I've learned so far.