If you want to "trade" gold and silver, youd never make a profit.... The spot price(market price) is topped up by manufacturing costs and then retailer prifits(also known as the PREMIUM above spot).

If you buy gold, what with the ever increasing devaluation of the pound/dollar/euro through inflation, currently 2% lossnof purchasing power annually, you should be in profit if you hold gold for 5yrs and silver for 8 to 10 years....

Ice never seen precious metals as a "quick flip", for me, its always been a way of saving in something that isnt effected by inflation and i can use as a store of value and should the worse happen, somethingni can pass-on without the taxman taking his cut, or even knowing how much i actually have.

Unlike cryptocurrencies (digital currency) that requires a bank as an out, although i do love the idea of peer-to-peer exchange as bitcoin was intended, crypto leaves a paper trail. Once tou own gold or silver, there no way to track it!!

If youre looking for the cheapest way to get in on precious metals, believe it or not, GOLD SOVEREIGNS are the cheapest(very little to no premiums) to get your hands on. You can buy them on most secondary markets, but i love walking in to my local jewellery shop/cash for gold place and just asking what they got in that day. Lots of people who know very little about wealth preservation are selling due to golds high proce at the moment, so lots of Sovereigns to be picked up. A jewellery shop/cash for gold place will have bought for 80/90% of market value, so if you go in and offer spot or 1 or 2% over, theyll instantly make a 20% ROI.... All these cash for gold places do is sell on to another refinery for 90% and make very little. So a provate sale at spot price to them makes the most sense and instancash returns. They rely on turn over and volume rather than big profits.

Hope that helps.