How much do you save?

[jeepcache]

right now, 500 a month. my wife and i both live on other sides of the country, so that gets expensive with plane tickets and all. hope to start investing when she graduates and moves up here...

[silbotta]

i save whatever i dont use for bills and such

[Jake7]

I think I have around 10% going to my Thrift Savings Program (military guys you probably know what I'm talking about)

[Brian]

Given the state of our monetary policy and economic condition, I've cut way down on contributing to my 401k and buy silver bullion each month to store wealth. Sometimes gold, too, but that's pricey these days. Besides, silver is more rare than gold and is in higher demand.

I also buy consumables -- food, toiletries, paper products, ammo, etc. -- and store them.

I probably devote $300 or so per month to this, give or take.

[jeepcache]

how do you buy your gold and silver?

[Brian]

Originally Posted by jeepcache

how do you buy your gold and silver?

I used to buy locally from coin stores that sold bullion coins (with no numismatic value), but lately I've taken a liking to Apmex. Their cost over spot and shipping costs are lower than local over-spot charges. Please understand that I'm a middle-class guy who buys maybe 50 or 100 or 150 ounces at a time based on the amount of currency I have to exchange for actual money (silver). I do this as often as I can. I don't buy in large quantities.

I don't know squat about Apmex other than that they sell what they claim to sell and that they don't screw you on prices. There may be other sites that are similar or better.

But it is vitally important that you take physical possession of the metal. Never, ever settle for certificates or "paper gold" or "paper silver".

FYI, precious metals price manipulations have been going on for some time. In fact, the amount of silver that has been sold in certificate form (as opposed to physical form) is more than all the silver there is today plus all that is anticipated to be mined for the next 11 years. That rather strongly suggests a shortage in physical metal versus the amount out in the market and it strongly urges the buyer to take physical possession.