PART 11 Where to Buy Gold and Silver

In this chapter I’m going to lay out to you the top gold and silver dealers online. I will try to give some personal experiences with buying from these companies so you don’t get ripped off like I have been before.

When you buy gold and silver online, you want to buy as much metal for the lowest price possible. Since you are an investor, you should only buy bullion coins and bars.

I don’t care what dealer tries to tell you that you should be in rare coins or graded coins. That is how many dealers make lots of money at your expense, by selling a coin way over the spot price because of the inherent “rarity”. Stick strictly to bullion bars and coins and you have nothing to worry about.

Monex.com has a friendly and visual website.
They have videos when you click on each metal that tells you about the metal. As far as going the
distance to help customers understand the precious

metals they are investing in, Monex goes the
distance. They also have a good selection of metals to choose from, although they are a little lacking in the bullion selection in my opinion.

Monex lays the price out for each item they sell. I would give a 10 star rating to the Monex website, but I think the prices are a little high for my taste. Overall, I think Monex is worth checking out, at least to watch the videos on each of their products. It is really educational, and maybe you will find a better deal from them when you look.

Ebay.com is one of the BIGGEST marketplaces on the internet. If you have not heard of ebay, then you have been living under a rock somewhere for a while. My favorite thing about buying gold and silver on ebay is that the selection is practically endless. You have individual sellers and ebay store owners who sell on ebay, so your chances of finding what you’re looking for are really good.

You can find really good deals on gold and silver coins, even below the spot price if you search around. Ebay is a great place, but the prices are a bit higher on most items than I would like to pay. Ebay is truly a market place, and most sellers are small shops or individuals, so the prices are a little higher than a large retailer like Apmex.

The good thing about buying coins on ebay is that many times you do get FREE Shipping. Overall, I will rate ebay as a good and safe place to buy gold and silver.

GoldSilver.com is where I go to buy gold and silver. There is a nice selection of gold coins, silver coins, bullion bars, gold bullion, and the list goes on. They offer advice on what to buy, how to buy, and they ship right to your door.
There are videos, frequently asked questions, and you can sell back your gold or silver to them when you are ready to. They offer gold and silver IRA's as well. The articles on their website are great and they will give you an insight into what is going on with our money supply. I give goldsilver.com 10 stars.

BullionDirect.com is a company I have not personally bought from, but have heard good feedback from others who have purchased from them. The website at Bullion Direct does not seem as user friendly as others I have looked at, though they seem to have an ok assortment of inventory.

The prices at Bullion Direct do not compare to the goldsilver.com prices, at least not for the most popular American Silver Eagles, but they do provide a Bullion Direct self directed IRA. You can invest your tax-deferred funds in precious metals, provided you have an IRA with an approved IRA custodian.

Keep in mind you will hold the actual tangible metals in your IRA, they will just be held in the Bullion Direct vault or whomever they contract with to store the metals. Overall, if you are interested in precious metals for your IRA, I would consider Bullion Direct. If you just want to buy physical metals, it’s not a bad choice, though there are cheaper options I have seen.

Goldline.com has a nice website and a lot of inventory to choose from. I have bought from Goldline before, and have to give their shipping and customer service a good rating. Goldline also offers

Precious Metals for you IRA . On the Goldline website, when you click on a coin it says “call to order”.

They do not let you see the price like Apmex or Bullion Direct, so that may mean several things. One good thing I see about Goldline is that Glenn Beck from Fox News is a buyer of Goldline products. It’s usually good to see a familiar face supporting the company you want to buy from, so Goldline may be a good choice after all. I’m just not too sure about the hidden price, although I seem to have gotten a good deal.

Usually, when a company hides their prices, it’s not good, but it doesn’t mean you shouldn’t check them out. Overall, I think Goldline is a good buy. Just do some more research on the company before making the plunge..