Have you ever heard the saying, "A fool and his money

are soon parted"? If having some physical gold makes

you feel good, that's okay, but it should only be a small

part of your overall investments. Use google or yahoo

search for (buying physical gold)

I would argue that Silver has better potential than Gold. Buying Gold and Silver is not necessarily an investment in the way you think of a stock or real estate going up in value through growth. Gold & Silver is more of a financial insurance instrument to protect against inflation. Keep in mind that the US dollar has been a fiat currency since 1971. Every single fiat currency in ALL of history has gone to ZERO!! The average lifespan for a fiat currency is 37 years! The Dollar is on year 42 right now! I recommend getting into Gold and Silver as a hedge. Don't buy online as they normally make you wait 30-45 days to receive you metal. I always buy from a local coin shop with cash. Another way to acquire Gold & Silver is to have a Scrap Buying Event. You can invite friends and family over to purchase their old gold and silver. You'll need a testing kit to insure the quality and value. I wrote an article about how to do it here.....

http://generationxyzsurvivalblog.blogspo...

It's a WIN-WIN. Friends and family can unload unwanted Gold & Silver at a discount and you can acquire Gold & Silver at a discounted price.

Good Luck,

TK

I think you're out of your mind to buy gold or silver right now. Gold is down roughly 18% in the past year, silver down 30%. And it isn't going back up anytime soon. There were two factors driving up gold and silver during the past 6-7 years, one was the Federal Reserve's Quantitative Easing and the other was China and India's growing economies. Both of those are on their way out. India has sputtered, and China's economy has huge problems that will weigh it down for the next several years. The Fed is done with QE and will start raising interest rates in the next 6 months.

Even with the past several years of price increases, gold and silver have still lagged behind stocks. If you bought the S&P 500 index, you would have had a 30% better return than gold in the past decade. Plus you pay big commissions and fees and have to figure out where to keep the stuff.

If you don't want to be a coin collector, and just want to speculate on the price of silver, then there's no need to invest in coins. Silver rounds and bars and other forms of bullion worth their meltdown value will be better than trying to devise the proper premium of a coin, and you don't have to worry about proper storage or scratching or dropping it. Bullion might be better if you want to handle your treasure.

http://www.apmex.com/category/503/silver

http://www.kitco.com/

http://www.goldprice.org/gold-price.html

Free Bullion Investment Guide

http://www.free-bullion-investment-guide...

Gold and silver are not going anywhere for next 1-2 years. Investors use these as a hedge against inflation. Right now, inflation is very low and those precious metals are going to stagnate. But, you can buy gold and silver coins (or buillion) and throw them in the drawer for at least 2 years, then you will be ok.

i think you shoudl start with something else, like a good mutual fund, but if youre determined to buy bullion try JM Bullion. silver eagles are pretty standard. millions minted every year, one is about the same as another. 1996 eagles are worth more than average because of very low production that year. see also APMEX

my suggestion buy generics you get best bang for your buck i buy from ZingerMetals.com lowest prices and staff is helpful and answer question without the annoying pressure

I'm 32, and I've never made any sort of long term financial investment before.

I got really interested in buying physical gold and silver bullion from watching people buying and selling it on tv.

Is a roll of 20 silver eagles (2014) for just under $500 a good starting point?

Are there any certain types of bullion I should avoid?

I'm interested because of the safety - the value of gold and silver has never gone to zero, and I suppose also just because of the romantic notion of having a small physical treasure.

I know the price won't grow like a money market account or a mutual fund, but I'm still interested.

Any advice on who to buy from, what to buy, or how much to pay is appreciated.