You’ve finally seen the writing on the wall. You realize that the US government has no choice in the matter at this point. They must continue printing more money to prop up the ailing economy during the coronavirus pandemic. Otherwise too many good US businesses will fail if they don’t help them. And families will lose their homes and go hungry.
Guess what? By printing money and taking on further debt, the United States is making the US dollar less and less valuable. You see it happening in front of your eyes even if you don’t process it on a conscious level.
When you go to the grocery store to pick up milk and bread you’re paying more than you did a year ago. Prices have gone up across the board and this isn’t an accident. They’ve gone up because the value of the US dollar isn’t as strong as it used to be.
The 1918 pandemic lasted for 18 months. Most medical experts believe the coronavirus pandemic will follow a similar trajectory. According to this timeline, we have a solid year of further shutdowns in certain industries. Other businesses will continue to live through a period of enforced economic slowdown. How will these companies survive?
As the pandemic nightmare runs its course, the US government and Federal Reserve will continue issuing more economic stimulus. They’ll have no choice but to continue sending checks to families and taxpayers. They’ll continue to provide funds for loans to small, medium, and large businesses to help keep them afloat. And they’ll likely do this another two or three times before this challenging situation comes to an end.
How the Coronavirus Pandemic Will Affect the Value of Silver
What does this mean for the US dollar? It means it’s going to lose much more value before this pandemic is nullified. It also means that even though silver has gained 74% in the past two years it’s poised to gain much more. Silver may triple or even quadruple before scientists come up with an effective vaccine or way to subdue Covid 19.
You have to get in while the getting is good. Don’t be afraid of the value of silver at this point in time. It seems like the value has risen tremendously and this is true. But the upside potential is off the charts at this point due to these unprecedented times.
And because of this unique opportunity, you’re wondering where to buy silver bars. You have no intention of missing out on this astonishing chance to make money quickly and safely. These rare opportunities do not come along too often. So you have to act quickly and accordingly to make the most of these situations.
Today I’m going to tell you a number of ways to buy silver bars. Most of what I’m about to tell you is flat out wrong. And some of these purchasing methods are downright dangerous to your bottom line. But I said I’d tell you the best places to buy silver bars so that’s what I’m going to do. I’ll finish off by telling you how to invest in a silver IRA, which is the smart choice by far.
Sound good? Then let’s get into it.
Buying Silver Bars from Auction Websites
If you’ve spent any time on eBay, you’ll see many opportunities to bid on or outright purchase silver bars. While this may seem like a good idea on the surface, it’s actually very dangerous if you think about it.
What could go wrong? Well, you’re blindly purchasing silver bars from someone through a middleman. If you buy fake silver from an unscrupulous jerk on their website eBay isn’t responsible for your foolish purchase. They’ll tell you to take your issue up with the seller and figure it out on your own.
Does this sound safe to you? Does this sound like the smart way to buy silver bars? The only safe way to purchase silver and gold and other precious metals online is through a reputable broker. Otherwise you’re just shooting in the dark and praying that you end up purchasing precious metals from a trustworthy source.
Online rating agencies have evaluated every precious metals company from top to bottom. The Better Business Bureau, Business Consumer Alliance, and TrustLink have vetted these companies for many years. You’ll know exactly who you’re dealing with before making a purchase. You cannot say the same thing about buying silver bars through eBay when they act as a middleman. The auction website does nothing to protect your wealth or investment.
Buying Silver Bars from Classified Ads
Are you thinking about answering an ad to purchase silver bars from the newspaper or online classified ad websites? Take a moment to think long and hard about what you’re planning to do before you do it. This can be a recipe for disaster if you aren’t careful.
First of all, do you actually know how to determine if silver is real or fake? If you do then buying silver or other precious metals through a classified ad might not be the worst thing in the world if you can find a good deal. On the other hand, if you’re anything like the average person you’re setting yourself up to get burned.
On average, people suffer tremendously from scams and scam artists. Some important yearly statistics consider include:
- Crooks scam good people out of $77.3 million each year
- Nearly 81,000 people report suffering financial losses because of scams every year
- More than 13.5% Americans report suffering a financial loss caused by a scam in the United States each year
Are you prepared to become the next statistic? By far the bulk of the scams that burned people are related to investments. In fact, more than $30 million is stolen from people getting caught up in investment swindles. Buying silver from classified ads is a great way to become the next scam victim.
Don’t be a fool and make this stupid mistake. Learn from those who were scammed before you. Always purchase silver bars as part of a precious metals IRA. Choose a reputable company like the ones we’ve discussed in our top 10 review.
Buying Rare Silver Precious Metals Online
This scam is a bit different but it’s a scam all the same. Many “reputable” companies will convince you to pay big premiums for supposed rare coins and bars made of silver. This may sound enticing on the surface but it’s really a sucker’s bet.
Don’t be fooled by the lure of purchasing rare silver bars that will be worth millions someday. In fact, most investors purchasing these “rare” silver bars end up paying massive premiums. These premiums are so big that it’ll take years for their silver to be worth anything near what they paid.
Don’t get caught up in this scam. There is a much better way to buy silver bars and other precious metals. It’s safe, secure, and easy to get started. And it’s the smartest way to grow your retirement portfolio and generate tax-free or tax-deferred gains.
What is the best way to invest in silver? I only recommend investing through a precious metals IRA. But that’s my preferred choice. You don’t have to do what I tell you. No one is holding a gun to your head saying to open an IRA account. But if you want to maximize your profits and generate tax-free gains, this opportunity is incredible.
Learn more about Regal Assets today. They are my favorite precious metals IRA company by far.
Buying Silver Bars through a Silver IRA
It’s no surprise to discover that I love silver IRA investing. I’ve learned the value of making tax-free or tax-deferred gains through the years. They’re by far the best ways to grow your retirement portfolio as quickly as possible.
And buying from a reputable precious metals dealer takes the guesswork out of where to buy silver bars. You’ll know immediately that you’re dealing with a trustworthy silver company with years of experience. By visiting their website, you can learn about the business, see how long they’ve been in business, and much more. You can’t achieve the same level of trust buying from a classified ad website or third-party auction site.
I’ve written about silver brokers for many years. In fact, I have shared valuable information about the best companies in this industry. You can learn about my top 10 favorites by perusing this valuable review article shared here.
Or even better…
Why Regal Assets Is the #1 Silver IRA Company
My favorite gold broker of choice is Regal Assets. They’ve dominated the precious metal IRA space for more than a decade. And they have the achievements and accolades to back up this claim. They are well-known and trusted because:
- They are the highest rated precious metals dealer on the BBB, BCA, and TrustLink websites.
- Regal Assets the lowest IRA fees in the industry (and the first year or three are free).
- They have the fastest account setup process (usually takes 48 hours or less).
- They handle the entire setup process from start to finish.
- Regal Assets only sells IRA approved silver bars and coins.
- They have the most knowledgeable customer service staff in the industry.
- They provide potential investors with a free silver IRA investor’s kit.
Stop wasting your valuable time. Do not miss out on this timely opportunity. Contact Regal Assets right away to begin opening your silver IRA as soon as humanly possible.
I now really see the impact of the bad virus on the economy and I was told to invest even before the pandemic on something like this but I didn’t really aoy attention and now I think I have to do this because it is what I can use to secure my future for myself. I’m happy you shared this and I will definitely go buy silver bars.
Hi Henderson! I’m glad you found my post insightful and am taking my advice! Just remember that it is best to open up a silver IRA with one of the best companies if you want to invest in silver bars. Thank you for the feedback and I wish you the best with your investments!
Hello there! this is an amazing review you have got here. I am sure this quality information will be beneficial to anyone who come across it. I think I will go for the Regal Assets company as they offers low-cost segregated
storage for its customers which separates storage compartments for your coins, bars, and bullion.
Hello Joy! Regal Assets not only offers segregated storage but it also has the lowest fee in the industry ($90). I’m glad you chose Regal Assets, you will not regret it! Thank you for the feedback and the compliments, Joy!
Hello there, Thanks a lot for sharing this awesome article I know it would be of great help to the public as it has been of help to me. I have been thinking of going into the silver market as it is one of the stables ones in recent times, For various studies that I have made I don’t think eBay is a very good place to buy silver bars I recommend JM Bullion.
Hello Ismeglamour! There is a company better than JM Bullion for storing your gold in an IRA and that is Regal Assets. They are #1 in our list of top 10 gold IRA companies. Read the review and see why we consider them to be the best in the industry. Thank you for the feedback!
Hello there, investing in metal have been really going wide and so many people who have gone into the game for a long time would be really excited about it now that it’s getting wider audience. Personally, I really don’t have the intention of investing in silver, but after reading a couple of articles about how great it is, I am wiling to give it a push and I believe it will come out good
Hello Justin! Yes, it is true that the potential of silver in profitability is getting more exposure now and that’s a good thing. I am glad you’re willing to give it a try as well! Good luck in your investment endeavors, Justin! Thank you for the feedback!
Wow! Thank you for sharing this invaluable information. You know, the place of precious metals can never be over emphasized because their worth is always ever increasing because of their timelessness. This is really great to see here and thank you so much for sharing this out here m quite worthy to see is this post here. Thanks you
Hello Kimberly! Yes, precious metals will continue to rise in value and I like how you used the word “timelessness.” They will be precious in the future as well, so it is a safe investment to make. Thank you for the compliments and the feedback, Kimberly!