Silver and Gold: More Than Just A Christmas Carol
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to start with, read the constitution of the u.s.a., (concerning paper dollars) and if you want to sell gold/silver get on ebay where the 'real' retail price of these metals are. I called a large dealer for a price on 999 silver coin and they offered me .50 above spot. ha ha ha ha
On Dec 26 05:16 AM Gold Barron wrote:
> I am not very smart, so I have a few questions about the prices of > gold/silver. > > 1 The Gold or Silver commercials on TV (or Home Shopping Channel) > say to "buy now while it is still cheap" or "These prices will not > last long". > > If that is true, then why are they selling it? > > 2. If you want to buy physical goldor silver, it is selling for 10% > average over the spot price (usually more) at any given time because > of the current premiums, but you can only sell it for the going spot > price...probably less. > > Thats like an immediate 10% loss on your money once you buy it right? > > > 3. Jewelers and Pawn shops seem to be unfair with their pricing qoutes. > > > How do you sell your physical gold or silver? Should I open up a > pawn shop or something like that? > > Should I wait for the dollar to become worthless and then trade my > gold for the whole grocery store? > > Thanks. > >
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to start with, read the constitution of the u.s.a., (concerning paper dollars) and if you want to sell gold/silver get on ebay where the 'real' retail price of these metals are. I called a large dealer for a price on 999 silver coin and they offered me .50 above spot. ha ha ha ha
Dec 26 08:38 am
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All Comments by jcampone »Silver and Gold: More Than Just A Christmas Carol [View article]
On Dec 26 05:16 AM Gold Barron wrote:
> I am not very smart, so I have a few questions about the prices of
> gold/silver.
>
> 1 The Gold or Silver commercials on TV (or Home Shopping Channel)
> say to "buy now while it is still cheap" or "These prices will not
> last long".
>
> If that is true, then why are they selling it?
>
> 2. If you want to buy physical goldor silver, it is selling for 10%
> average over the spot price (usually more) at any given time because
> of the current premiums, but you can only sell it for the going spot
> price...probably less.
>
> Thats like an immediate 10% loss on your money once you buy it right?
>
>
> 3. Jewelers and Pawn shops seem to be unfair with their pricing qoutes.
>
>
> How do you sell your physical gold or silver? Should I open up a
> pawn shop or something like that?
>
> Should I wait for the dollar to become worthless and then trade my
> gold for the whole grocery store?
>
> Thanks.
>
>