Best place to buy silver bullion?

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Comments

  • Can anybody find any silver dealers who can hold of any bullion?

    everywhere is sold out with long long waiting lists
    You can buy with BullionVault, VAT free. They will store it abroad if you want or you can take delivery if you buy a sufficient quantity.

    You only get exposure to the fake price unless you take delivery of real silver

    real silver is now twice the price of the fake paper price
    That is totally wrong. BullionVault has allocated and audited gold and silver stored in Vaults completely outside the banking/financial system.
    The premiums on some coins might be double but on 1000oz bars it is only a few percent above spot.

    Only a few percent about the paper price?

    please show me where someone can buy a 1000oz bar for this price? You cant
    Try using google:
    8% above spot or 7.33% if you are buying > £110K


    To be fair, many people would consider an 8% mark up more than "a few percent".
    To me, a few % would be 2 or 3, not 8.
    Well an 8% premium is much closer to 'a few percent' then 'double' as stated in an earlier post by Ms. Robinhoody

    Try to prove me wrong then, I would be happy to admit I’m wrong but unfortunately I am correct here

    the paper price of silver to receive a digital or paper promissory note is about half the price of real silver delivered to your door.

    if you can prove me wrong then please show me where you can get real silver delivered to your door 
  • Sure i am about to get a lesson in precious metals but do places like the Royal Mint not take orders for delivery later on their bars/coins etc? As in the first site i searched which i am not sure i am allowed to name but begins CH is saying they have 1kg bars in stock and say while coins are harder to source they are having no problems with bars (and if they do in the future they will simply agree a price and supply later)
  • firestone said:
    Sure i am about to get a lesson in precious metals but do places like the Royal Mint not take orders for delivery later on their bars/coins etc? As in the first site i searched which i am not sure i am allowed to name but begins CH is saying they have 1kg bars in stock and say while coins are harder to source they are having no problems with bars (and if they do in the future they will simply agree a price and supply later)
    How do prices end up by the time you receive them to your home?

    I know bullion by post is paying very high prices over the paper lie price to by 1kg silver bars, and of course they have high demand to sell them at a huge profit 
  • So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
  • So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

  • The spot silver price can rise and premiums can narrow which means you make more money on contracts.
    The buy/sell spread is huge on physical coins plus there is VAT on purchases in the UK. There are other options than just buying physical. You have let yourself be led by the Reddit brigade.
    If you want to trade silver then the ETFs are the way to do it; they aren't going to implode anytime soon. Some of the better ETFs are closed funds with allocated silver in a recognised vault.
    If you want to hold physical outside of the banking system then BullionVault is a very cost-effective way.
    If you want to hold bullion yourself then just google the suppliers and take the best price; obviously better if you are buying bars and aren't trying to buy coins they are out of. Good luck.
  • noitsnotme
    noitsnotme Posts: 1,238 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    You really do soak up some stuff from somewhere don’t you.  What happened to the whole ‘great/greater/greatest depression’ you used to bang on about on all your previously banned accounts?  Or is this ‘silver lie price’ your new obsession?!
  • So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
  • firestone said:
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
    They didn't say that silver is unobtainable but that it's becoming unobtainable, something that is correct.
    Just have a look at the major bullion dealers in the UK. 

    ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
    https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE

    It's a similar story with Bullion by post with far more out of stock than available:
    https://www.bullionbypost.co.uk/silver-coins/
    https://www.bullionbypost.co.uk/silver-bars/

    Chards have only 1 type of silver bar in stock:
    https://www.chards.co.uk/products/low-premium-silver-bullion-coins

    I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.

  • firestone said:
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
    They didn't say that silver is unobtainable but that it's becoming unobtainable, something that is correct.
    Just have a look at the major bullion dealers in the UK. 

    ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
    https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE

    It's a similar story with Bullion by post with far more out of stock than available:
    https://www.bullionbypost.co.uk/silver-coins/
    https://www.bullionbypost.co.uk/silver-bars/

    Chards have only 1 type of silver bar in stock:
    https://www.chards.co.uk/products/low-premium-silver-bullion-coins

    I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.

    Pretty sure some of the other posts say unobtainable rather then the One i quoted which says becoming but hands up if i am wrong.
    But is it not fair to say that dealers have been caught out by a rush to buy bars and coins by short term publicity and demand as some are holding stock as you say or most are saying order now and we will deliver when our next shipment comes in?
    Is it not a bit like this time last year when loo rolls were becoming unobtainable at the retail point but the supply chain was holding more then enough?
    You are obviously a long term buyer but as usual when something takes hold fast there will be winners and losers and i am guessing its more likely to be the dealers rather then the majority of social media buyers but its something else to watch during lock down and good luck to those who are in
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