Posted:
#1
I am a newbie to collecting precious metals.....called stacking I am told. I'm pretty good with stocks,whether it be day trading or being bullish. Everyone tells me money is worthless,but my philosophy has always been CASH IS KING! I have 25 k to invest,so it is between getting a long term CD or buying pm's. I am just getting into buying gold and silver with a friends advice(my 25k is peanuts to him,so my investing is small scale compared to him),but he says to buy gold and silver bars(bullion) @ .9999 instead of .999,and buy it in 10 oz bars and he says stay away from coins unless they are maple leafs or buffalo/indian head coins. Any advice from a normal common guy invester?
Also........he said to physically possess my gold/silver instead of getting paper etf's.
