Why are precious metals not keeping up with inflation?
Quoted from Crash:I'm a firm believer in storing wealth in and trading metals, as societies around the globe used to, before the fiat dollar came into play. You can print dollars all day, but can't print gold and silver. They are hard assets that have been proven throughout world history to be effective.
As far as buying silver, I go to Dallas Gold and Silver Exchange's Bullion Express eBay store. I also check a reputable pawn shop's eBay store. Yes there are eBay fees and shipping which cost a little more, but DGSE offers quantity discounts on their buffalo silver rounds. Before they sold out of these a couple weeks ago, there were no quantity discounts. So I'm thinking they buy large bars and melt/stamp them locally then sell online when they have supply. This allows them to pass their economies of scale savings on to the customer. And I also tested multiple ways to verify their coins are legit. They seem to be the biggest metals dealer in Texas and have an awesome reputation. 100% rating on eBay with thousands of sales in less than 3 years. I mean these things are selling over 50 ounces a day. Crazy demand.