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Investing In Silver | Episode 268

For many preppers, investing in silver is a practical strategy to safeguard against economic instability. While gold often grabs the spotlight, silver offers a more affordable, tangible asset that has shown consistent growth over time. Personally, I started buying silver when it was around $8 an ounce, and now it’s valued at over $33 an ounce—a return on investment that speaks volumes. This surge underscores why silver remains a compelling option for those looking to diversify their assets and hedge against inflation or economic crises.

Buy Local

One of the best ways to invest in silver is by buying locally. Local coin shops often have a wide variety of silver coins and bars. Plus, buying in person means you can physically inspect the silver before purchasing, ensuring you get authentic, high-quality metal. It also saves you from shipping fees, and, importantly, you can make the transaction anonymously, which aligns with many preppers’ privacy concerns.

Online

When it comes to purchasing silver online, there are a few precautions to take. The internet is filled with reputable dealers, but there are also plenty of scammers. If you’re new to buying silver, it’s easy to get overwhelmed by online offers, especially when prices seem too good to be true. Avoid marketplaces that don’t specialize in precious metals, and steer clear of sellers offering substantial discounts; these are often signs of counterfeit products. Stick to well-known, trusted dealers with positive customer reviews and transparent pricing.

Ultimately, silver is a solid investment for anyone looking to prepare for uncertain times. With its rising value and practical use in various industries, it’s a versatile asset. Plus, holding physical silver means you can directly access your investment without relying on digital platforms, making it a wise choice for those prioritizing preparedness and security.