- Jan 10, 2016
I purchased silver 1oz rounds and a few of 10oz bars this month. This was my first time ever purchasing silver or any other PM. I learned a few things. The biggest lesson being to not buy for awhile until I understand the market better. Part of me thinks that silver is at a good low to buy and another part of me thinks I need a better understanding of the market so I don't get burned. All of my purchases were at two different LCS. One I really like, as he is fair with how much he sells over spot. The other one I am disappointed with as I bought $3 over spot and his rounds that I bought had finger prints all over them that I didn't notice until I got home that evening. I intend to continue doing a lot of research on Silver and come up with a clear definition of why I am buying it. Any comments or advice would be great. Thank you.