I put this video together a while back. I hope it helps anyone out there that is looking to buy Silver Bullion. There is quite a lot of fake silver out there in the World so please do be careful. I have found that there are not to many 100 oz bars that are fake, which is a great thing. I put this video together to show the validity of many different silver 100'oz bars in the market today. I do hope you enjoy the video.
When buying silver always bring a magnet with you to test. I used to live in Germany and bought 12 fake Morgan dollars. Luckily a German man was watching what i was doing and he told me they are fake. He then pulled out a little magnet and they stuck to the coins. The coins were excellent forgeries. Thanks for watching and remember to always protect yourself. Keep Stacking SILVER and GOLD.
In this video I test some of my silver bars with a simply earth magnet purchased off of e-bay. I hope this video helps. Cheers.
Here is my Video.
Re-posted for those that haven't yet seen my video. Cheers.
Thanks for the info.
Very welcome. Thanks for viewing. I am now following your blog. Cheers.
I suppose those that are packed and sealed in the companies packaging would be authentic. I mean brands like Royal Canadian Mint. Since we are unable to open them to do a test before buying.
But great info. Didnt know that before i saw your video on how we could test the fakes.
If they are coming from the mint themselves I sure wouldn't have much concern. China is the big culprit. They are putting out very good fakes. Thanks for the comment. Cheers.
Yeah. I guess anything that can earn money, there will be counterfeits out there. Just human nature to be tempted to buy at a lower price to give ourselves the feeling of getting a good deal. Well when it is too good to be true, need to be more alert.