Hermann
Site Donor 2023
Bought a moderate amount of silver the past two years. Looking like it was a good move, at least for a while. All of my whooping 3 oz of gold was bought <$1200 oz
Silver hit $20 oz briefly this morning.
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A guy at work once told me how dumb I was buying "Junk Metal" at $4 
And I traded a bunch of green paper for it lol.
And I traded a bunch of green paper for it lol.
When I first moved to FL. in 1987 a welder in my company had a brother that was a stock broker. He was selling Coca Cola stock (for $10-$12 a share, I think). I am still beating myself up to this day for not buying any. 
Not inflation, hyper inflation could hit rural areas.
Hermann
Site Donor 2023
Hit $23 briefly this morning.
For value look to gold... it goes up every time Donald remodels his bath room...
As soon as it hits $49.75 I can sell mine and break even.....Long sad story. Don't ask.
Where is a good place to buy silver? I would like to buy some (when the price goes down), but really know very little about buying precious metals.
APMEX seems to have a good rep for gold and silver sales. Don't expect to get metals at spot prices, though. Just looking at their site, silver bullion is going for almost $4 over spot price.
IMO the best way to buy silver is in bulk bags of pre-1965 silver coins. It is the easiest precious metal to sell when the time comes. There are many places to go to buy bulk silver coin like this, but now is definitely NOT the time to buy. Based on past experience, I suspect that silver may go back down to an under $15/oz price at some point. That is the time to buy. Whatever you do, make sure to buy precious metals that you can hold in your hand, not certificates or contracts.
I think the trend of industrial metal and currency backing metal are different. Gold is what indirectly back currency and will appreciate along with QE. Industrial metal will correlate with industrial and consumer products. Silver hasn't been a currency for a long time.
Assuming you have physical possession of the metals...cool...if not, it is the same fiat currency that you're attempting to guard against.
Gold never really appreciates...it simply keeps up with inflation. Problem with gold, same a 20 dollar gold piece, is how do you split it up to actually buy something with it? 2.5 dollar gold pieces would be much better to have physical possession of.
Hermann
Site Donor 2023
I have the physical metal. I have a assortment of silver eagles and collector coins. I have junk silver dimes quarters and halves. Even a couple 1 oz gold coins and lots of 1/10 oz gold eagles bought years ago.. Not bought much lately. But I am happy.
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