With all that is happening with cryptocurrencies and calling Bitcoin digital gold and Litecoin digital silver, does it make sense anymore to buy actual gold and silver?
I think the answer is yes. Why? Because gold and silver have stood the test of time as being a true store of value. Bitcoin, Litecoin and the like are an excellent new technology that theoretically are superior in many ways, but where they fall short by a long shot is time.
Gold and silver have been stores of value without fail for thousands of years. Even with the advent of fiat currency, gold and silver have maintained their status and value. Now even with cryptocurrencies emerging, gold and silver have been relatively stable. It is a great way to stabilize your net worth against various types of investing risk.
How much to invest in precious metals? I think about 5% of your net worth. Think of it as an insurance policy against central bank risk (fiat money risk), cryptocurrency risk, stock market risk, and real estate risk, to name a few.
You can buy gold and silver directly from sites like http://monex.com
There are other places of course and I encourage you to research, but I've used Monex myself and can vouch for their excellent service, prices and reputation!