Insights into PM purchases
So, after having read Abitrares' blog on silver and crashing JP Morgan http://caps.fool.com/Blogs/crash-jp-morgan-buy-silver/472867, I have decided that its high time to get involved. Incidentally, I did just get shares of both EXK and HL in the recent past and am in no way feeling bummed on the market sell off that has me reeling a temporary loss on those purchases. The question is, what type of silver is best to purchase, and from whom? Is bulliondirect.com better than apmex.com for purchasing silver? Is there a better place to go?
And whats better, silver bullion bars or coins? Are Canadian Silver maple Leaf's better than theSilver American Eagles? Are Engelhard bars better to own than others? Is it purely subjective and in the end, .9999% silver is .99999% regardless of who makes it and stamps their seal on it? And what about long-term oxidative effects on the metal? Does that ruin its value?
Truly newbee questions, but you have to start somewhere, and if the answers can't be found on TMF, we's screwed. Though I am sure answers lurk within these halls..so thanks in advance!