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re: Buying silver online?
Posted on 11/25/12 at 8:40 am to drewnbrla
Posted on 11/25/12 at 8:40 am to drewnbrla
So i am looking at prices of silver online.
I can buy 1oz silver bars for 37.50 each.
I can sell 1oz silver bars for 31.50 each.
Am i looking at something wrong or does silver really have to rise in price by $6 an oz before i break even on an investment.
I can buy 1oz silver bars for 37.50 each.
I can sell 1oz silver bars for 31.50 each.
Am i looking at something wrong or does silver really have to rise in price by $6 an oz before i break even on an investment.
2
Posted on 11/25/12 at 9:11 am to Jibbajabba
You will probably get a better deal buying and selling from your local coin shop.
Posted on 11/25/12 at 7:56 pm to Jibbajabba
you are not counting all the "profits" aka value you recieve by holding the loot ...that is part of what you are paying for in the difference in buy/sell
you shouldn't buy bullion with the intention of selling it unless you need the money or your world outlook changes IMHO ...it's a store of wealth
you shouldn't buy bullion with the intention of selling it unless you need the money or your world outlook changes IMHO ...it's a store of wealth
This post was edited on 11/25/12 at 7:58 pm
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