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re: Buying silver online?
Posted on 11/25/12 at 7:56 pm to Jibbajabba
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
Posted on 11/25/12 at 8:59 pm to Zilla
quote:
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.
If you want to buy and sell, get an etrade account. You'll lose your arse if you plan on buying and then quickly selling in the metals market (unless your a broker/dealer) due to bid/ask gaps and additional premiums charged on purchases. Metals are a storage of wealth in order to secure future buying power and to hedge against declining economic conditions both nationally and on the world stage. With the inevitable rise in inflation coming down the pipe, now is the time to get silver while its still reasonably priced.
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