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Investing in Gold and Silver for Beginners (HOW TO) My #1 bullion dealer 👉 https://www.bullionstar.com/?r=326 How to Survive the 21st Century 👉 https://guide.nomadelites.com/ Get personalized advice now 👉 https://calendly.com/nomadelite ✅ 10K Subscriber Giveaway - FREE $100 Amazon Gift Card, subscribe 👉 https://bit.ly/3nThjlc Buying, storing and selling gold and silver is a science in and of itself. Premiums and Spreads Bullion dealers charge a mark up which they like to call premiums. Them premiums is how much you pay above the spot price. Spreads represent the differences between buy and sell prices of bullion. What precious metals should you invest in? Many people who start out don't know which products have the lowest premiums and spreads as this is where you can expect to make the most money. For gold, 1 OZ, 100/250/500 GRAM, 100 gram and 1 KG gold bars, and 1 OZ gold coins have the lowest spreads and premiums. For silver, 10/100/1,000 OZ and 1/5/10/25 KG bars have the lowest spreads and premiums. Storage is another big component. Should you store your metals at the bullion dealer than 0.30 - 0.50% is a normal yearly storage fee for precious metals. The 0.30-0.50% is calculated based on the daily average value of your stored gold. For silver, storing fees are a bit higher averaging 0.5 - 1.2%. Taxes Most countries charge VAT (value added tax) on silver. Estonia and Singapore are two VAT tax free silver countries where you can buy, store and selver your silver without the need to pay sales tax. On the other hand, gold is an investment asset and most countries don't charge tax on the purchase of gold. 🗺Facebook Page🖥 / nomadelites 🗺TikTok🚆 / nomadelite 🗺Instagram⛵️ / nomadelite 🚀Contact Gerry🚀 [email protected] In case you liked this video, please subscribe to my channel, here: / @nomadelite