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If you’re new to buying gold or silver, this episode is your go-to beginner’s guide. We answer the 10 most common questions new investors ask — from how spot prices and premiums work, to the difference between coins, bars, and rounds, and how to avoid getting scammed when buying precious metals. We also explain how transactions are handled, when (and if) purchases are reported to the government, and how to get the best deals without taking unnecessary risks. Plus, we share real insider advice on buying, storing, and selling metals the right way — including how to think about premiums, timing, vaulting, and building a long-term stacking strategy. LEARN MORE ➡️ Website: https://summitmetals.com/ ➡️ Instagram: Summit_Metals ➡️ Twitter: @Summit_Metals ⭐️ See LIVE GOLD PRICE: https://summitmetals.com/pages/gold-p... 🪙 A New Marketplace to sell GOLD and SILVER: https://goldsilverswap.com/ 🎧 Listen on Spotify: https://open.spotify.com/show/15W25zJ... 🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast... ⏱️ CHAPTERS 00:00 – Intro: Welcome to Summit Metals 00:30 – Why Precious Metals Education Matters 01:00 – How Spot Prices & Premiums Work 02:30 – Do Gold & Silver Purchases Get Reported to the Government? 04:00 – Coins vs Bars vs Rounds Explained 07:00 – How to Avoid Getting Scammed When Buying Metals 09:30 – Testing Precious Metals: Sigma, XRF & More 12:00 – How to Get the Best Deal on Gold & Silver 15:00 – Should You Wait for Prices to Drop? 17:00 – Dollar Cost Averaging: The Smart Way to Stack 18:00 – How to Sell or Liquidate Precious Metals 20:00 – Reporting, Taxes & Capital Gains Overview 22:00 – How Much to Invest & When to Start 23:00 – Storing Metals Safely: Home vs Vault Options 25:00 – What Bullion Dealers Wish Buyers Knew 28:00 – Final Advice for New Investors DISCLAIMER:Episodes are recorded in advance and may not reflect the most up-to-date market information. The content is for informational purposes only—your financial decisions are yours to make! Summit Metals is not responsible for actions taken based on the content of this video. Stay informed, stay smart, and happy stacking!