For the experts on here...what would your advice be to someone who is just getting started in this and wanted to start buying up to 1k of silver in the following scenario:
- Currently renting an apartment in the US
- Would like to move to Europe next year
Would you still want to hold physical silver?
Should you stick to coins?
What do you do with it when you actually move?
I think you could hold physical silver in your carry-on at that value (1000 USD) without getting too much attention at the customs gate. Many guys here know the thresholds better than I do. I'd do some country-specific research.
I believe the first step in any PM portfolio is to just get hold of physical. Old saying: "when SHTF, if you don't hold it, then you don't own it." That's the axiom that has NoMoreTO posting that last post in the Gold Thread (dated today). Nation States are taking full receipt of their PM holdings, out of various NYC/London "secure" holding facilities, and repatriating it to their own vaults. For some reason, they want it in their own vaults...
To start, stick with common name coins, preferably US, Canada, or any of the prominent western mints. They are just more readily acceptable where you are and where you are going. You can get the exotics or the "junk silver" later.
When you get there, secure or hide it at home and don't tell anyone you don't really trust that you have a single ounce.
Sprott is well-respected in PM holders. If you go electric, he's where I would start, like COTrailRider did.