Recently we asked you --what you would like to have discussed at the upcoming Silver Summit. Because we love to listen to our members/readers we are now taking some of the questions and building our presentation around it.
Here is a question we have been asked numerous times and it addressed in "How to use The Morgan Report" reserved for our members.
However we have answered this in the public domain many times-
Question: David, I would like to hear what form of physical silver is the most advantageous to hold? Wiser to hold non-reportable Silver Eagles, Silver Maples or simply to hold silver bars.
Comment: The "advantage" of Silver Eagles according to some... http://bit.ly/KtLr0t
But even here note: selling under 1000 ounces may not be reportable according to the above article.
Here is a very similar question from a member recently which is very close to your question...
I am a new member as of a couple months ago. I have studied your work intensely since my awakening several months ago. I have been purchasing physical silver since around June. What is your opinion on what types of silver to hold? Some think (Mike Maloney, for example) that you should only hold ASE's because of the familiarity factor, whereas others believe that generic rounds are the way to go because of the lower premiums. I have purchased a mixture of both, along with quite a bit of US junk silver.
Our Response was....
Your approach is the same as my approach. I like "junk" for possible barter and low denominations. Eagles are fine, but have a large premium and most of the time the premium is lost on the sell side. Rounds-- round out your holding-- sorry for the pun could not resist. We too have a very similar mix. Bars are fine if you are a large investor but in our opinion unless you are putting in more than ten thousand --sticking to one ounce units or smaller is probably best. As always the final decision is yours. For monthly purchases click here. You can purchase at a low premium in bullion form and take delivery in almost any form you wish.
Details are explained on the website.
David Morgan