In the last couple of months both gold and silver have seen a massive price decline. While some claim that this is the gold bubble bursting, others who have advocated holding precious metals during times of uncertainty suggest this may be a great time to stock up on more precious metals before the next market panic hits and monetary expansion further depreciates the US dollar.
One of the issues many buyers of precious metals are running into is the high premiums following the drop in price, with some dealers charging at high as $6 over the market spot price for silver.
But according to Daniel Ameduri of Future Money Trends there are still ways to buy silver at or near spot, without paying the insane commissions to brokers.
“I have personally, never in my life … and I have been buying silver for seven or eight years now… I have never in any circumstance paid more than a buck fifty over spot.”
Watch to learn Daniel’s strategies and tips for acquiring precious metals at fair prices, sometimes much lower than the advertised premiums.
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Contributed by Frank Drover of The Daily Sheeple.
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