I Am Working On My Future !

You are def going in the right direction. When buying I would always use cash as the price is almost always cheaper when dealing with PM's. Go to a local coin shop and build a rapport with the employees/owner, over time this will save you money. Most importantly shop on this site. You will get a lot better prices here then almost any other place.

Welcome to the board

You can't buy nor post a want to buy ad until you have 50 posts, but then some may have bars or may sell to you.

First,welcome to the forum! One word of caution as regards your mindset,and please don't take this wrong,but your last statement in the first post,even with the LOL attached worries me. First,you need to understand that precious metals will not MAKE you money,they will only protect the dollars you have invested from losing their purchasing power. Second,there will be real ups and downs,especially with silver,do not invest more than you can lose,because there will be days it will look like the worst idea you ever had,but there will also be days of euphoria when you will feel like a genius. As long as fundamentals don't change,don't panic,remember,you haven't gained or lost anything until you sell what you have bought. Third,develop an exit strategy and decide what it is that will tell you to sell,and it should not be price alone. Add to your stash as you can but don't jeopardize the welfare of your family in the process. If you don't have an emergency food supply to last at least a couple of months and cash to get you through a couple of months,those two things would be my first priorities before precious metals. This can be an addiction,especially when values rise quickly but realize most of the price/value rise has to do more with inflation and the value of our dollar world wide. If TSHTF,metals will allow you to come out the other end with your wealth more or less intact but you will not make a fortune at it. I hate to sound "like a dad" but I don't want to see folks jeopardize their families chasing a dream they don't understand. I think if you have considered all of these points and are now securing your wealth through precious metals,you are a wise man. If you are looking to buy and flip to make a lot of money,you are a foolish man. Again,please don't take this the wrong way,I want your experience to be as positive as mine has been,I had to learn some of these things the hard way and I am simply trying to shorten your learning curve.

So true hockingzig.
I learned the accidental ways when I got into this hobby, and had been fortunate that I got in around the right time.

I can remember buying gold at only $256 per ounce!

hockingzig thanks for the heads up on how to be a little more serious on the forums .. I am just looking to start investing into silver was all .I had a 401k that didn't go anywhere so I cashed it out and paid off some bills ,and as of now I am not investing into anything so I figured instead of blowing 50 bucks here and there on crap that wont get me anywhere I will invest into my future a little. I am a pretty light person not to be took that serious ... I had been thinking about doing my investing for a while now and I just started today !! So I figured the next smart move would to get on some forums to talk to some pros . I appreciate what you said thanks alot

I know why you said what you did I sounded very ambitious and I am !! I wanna do something for myself to make my family and me proud ,and no one in my family is even thought of doing this ! I decided to do this watching glenn beck

Let us agree to say that PMs MIGHT make you some money but they will most likely act as an excellent store of value... unlike US dollars and most other fiat currencies.

The reason that I say that PMs might make some money is that PM history abounds with examples of people who bought PMs, held them for some months or even a few years, and then sold them for several times what they paid for them. Think silver at $8.50 an oz. in late 2008 but then running to $49 an oz. in early 2011. In just a bit over 2 years, that made for more than a 400% gain. While there was inflation during that time, it was nowhere close to that hefty gain. Selling it for more than was paid to buy it and accounting for inflation still made for a VERY generous profit. Now, I am not saying that this is typical. What I am saying is that it is not unknown in the PM markets.

PMs are well known to spike up in price, most often due to political or social upheaval. If an astute investor can sell into these spikes, considerable money can be made on them. Best of all, once sold, that cash can be put back into PMs, often at a lower price level. This allows us to gain more ounces as we sell higher and buy lower. We need not buy at the bottom or sell at the top to make a considerable profit. Most of these opportunities take years to develop. During that time, PMs can be fairly flat in price, which is an excellent time to be accumulating them.

Most of us are happy to buy a few ounces here and there over time. This builds our stash quite nicely via the dollar cost averaging effect over time. We do this mainly because we know that the politicians have inflated a lot of the value out of our currency and that PMs are extremely resistant to inflation. The likelihood is that over the long haul, PMs will be an excellent store of value that is not subject to the political incompetence that results in inflation, currency devaluation, or currency collapse.

Gold and silver have been used as money for 5,000 or so years. Humanity has collectively decided that they have intrinsic value. It is very likely that they will continue to have value for a very long time to come. Unbacked paper currency has been around for about 50 years. I would prefer the proven money vs. the new kid on the block for just about any purpose because it has withstood the test of time.

1000 Dimes? I've got about 300. Cant even imagine if I had 1000 :P