/biz/ - Business & Finance

>>1449604
Close, you want the lowest over spot you can get, regardless of size and shape if you're in it to get the most for your money... If you just wanna whip out a big 100 ounce bar to impress friends/family, thats cool too, but know which of the above you want to do.

Places like JM bullion sell 1 ounce generic rounds for 79 cents, 69 cents, 89 cents an ounce over spot just depending, they almost always have something on special for these prices, although sometimes itll be a 5 or 10 ounce bar, and they're a great deal! Local shops here will let you have crusty old secondary market stuff for like $1-$1.50 per ounce.

I had lots of both, plus some smaller (5-10oz) bars just depending on what I could get a deal on when I bought it.

Usually you can get 100 ounce bars for about the same price over spot or just a little less, but I decided not to do this because part of why I bought was to barter in SHTF situations, and there a 1 ounce round would be much better than a 100 ounce brick, what do you have to buy regularly thats that expensive? With 1 ounce rounds I could barter for food, etc.

I felt the convenience of use was worth a few cents per ounce, personally. Best of luck!

>>1449620
Its hard to figure exactly what I made, because I bought at various prices, all in the $14 range last fall/winter with very low premiums and cashed out at $20.40 to an individual, not a shop. So, I made just over 25%, did better on some things than others, now just waiting to buy back in although I dont expect to for some time


>>1449672
No, no you shouldn't! What are you going to do with that $1,350 bar if you need groceries or fuel?!? Are you going to buy tiny factions-of-an-ounce bars for smaller purchases, knowing you'll get raped on the premium now when you buy them?

Smaller value individual pieces of metal are best for SHTF for this reason, and this is another reason silver is awesome.

Gold has been a shit investment since the 80's? Literally wat?!?