I have been involved with precise metal, especially Gold, silver and diamonds a year or so. Not so big shot stuffs, just buying and selling in small quantities since that gives me some financial freedom (not much but every penny counts). Precisely saying the success relies on several factors. First you need to know the simple rule of demand, means what are highly in demand in the market. Second you require looking for supply, needless to say comparative low cost (since you need to make money out of it) and quality (Precise metal means you need to make sure of it’s authenticity).

If you already had experience using e-currencies like e-gold, e-Bullion etc. you should be already familiar with this. You can buy precise metals like silver, gold either from Government authorize depositories (which usually cost little high, and not always available) or precious metal deposit companies like MDC or similar long trusted companies. MDC is about 30 years in this business. From wherever you buy, make sure you understand the difference between coins and ingots. Since it’s an investment item but unusual than other except for diamonds gold are silver cast into shapes for better handling. But there are cost’s involved in castings, except for when you are buying since seller take care of casting. So for better profit, buy with the casting that you can sell or your buyer requires.

This precise metal business success truly lies on first two factors. Otherwise this business will turn into a gambling, and as you know gambling means matter of lucks, I am sure as much as possible keep that luck factor away from business is better.