Domain: tiger-web1.srvr.media3.us Buying gold and silver | Money Talk
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Buying gold and silver

Posted on 1/15/26 at 7:45 am
Posted by burger bearcat
Member since Oct 2020
10350 posts
Posted on 1/15/26 at 7:45 am
Is there a risk with buying physical gold and silver from one of these brick and mortar dealers?
Or is this it recommended to go thru the more reputable dealers?

Or is physical metal not worth the risk of owning at all, and better to just have the ETFs?
Posted by Pimphand
Member since Sep 2021
4464 posts
Posted on 1/15/26 at 7:57 am to
quote:

Is there a risk with buying physical gold and silver from one of these brick and mortar dealers?


This is the least risky of all options

quote:

Or is this it recommended to go thru the more reputable dealers?


They have pretty big supply chain issues and so there are plenty of reports of them charging you the money and not shipping the metal.

quote:

Or is physical metal not worth the risk of owning at all, and better to just have the ETFs?




If you don't hold it you don't own it
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
9288 posts
Posted on 1/15/26 at 9:04 am to
Be careful with silver right now. One of the largest refiners sent out notification yesterday that they are buying at $20 below spot and in minimum quantities of $10,000.

This will certainly impact your ability to sell physical silver. Your local coin shop or bullion dealer will have to adjust what they pay as they ultimately will be selling to the large refiner if they can’t find a buyer who’s willing to pay the spot price.

ASE’s seem to perform better and command more of a premium right now as opposed to bulk or generic rounds.

Even the US Mint sent out notification that they are going to be using adaptive pricing and have put on hold several upcoming releases.

I’ve been dabbling with metals for over a decade and I cannot recall seeing events like what I just mentioned ever during that time.

The recent price escalation has created a lot of volatility. I suspect the large buyers are trying to insulate themselves from this by building in some extra margin should the bubble pop. But; they are continuing to buy which signals that they do see the potential for the price to continue to rise.

This feels an awful lot like the gold run up between 2008 and 2012. Those people who were late to the party ended up waiting for a decade for the price to return to what they paid initially. Adjusting for the devaluation of the dollar to inflation; they weren’t made whole until just last year.

As others have mentioned; with metals if you can’t hold it then you don’t own it.
This post was edited on 1/15/26 at 9:08 am
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