Comment: Physical

(See in situ)


Physical

As our dear departed Bob Chapman drilled into our heads, "If it's written on paper that's all it's worth."

Find a local metals dealer, depending on the dealer, you pay a premium for each ounce of metal you buy. Although premiums above and beyond the spot price of the metals differ from dealer to dealer and the quality of the pieces you buy, expect anywhere between 5-10% over the spot price. Many dealers will give a break in premium if purchased in larger quantities or if you haggle.

Get rid of the paper.