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04:46 AM
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Selling Silver and Gold in New York’s Diamond District Guy Is Offered 22% BELOW SPOT
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 82524972:MV81MDk4Mzg4XzkzNDgwNTI4XzU1QkU5RURD] [quote:Anonymous Coward 78520669:MV81MDk4Mzg4XzkzNDgwMjIwXzVFMkEwMDZC] [quote:Anonymous Coward 82524972:MV81MDk4Mzg4XzkzNDc5OTYwX0M5NEJGMkQ1] [quote:Anonymous Coward 81953666:MV81MDk4Mzg4XzkzNDc5NzM5X0M3N0U5MzNF] I WONDER (((WHO))) HE'S TRYING TO SELL TO. [/quote] as if it wasnt obvious. They want a premium for themselves because of 'risk' but dont offer any to you. Sounds like the typical, shameless head we win and tails you lose type of deal, does it not? [/quote] The people who control the entire market. You don’t think they run Kitco a JM Bullion? [/quote] sure they do, but they have various subsidiaries that will skin the stupid and desperate as much as possible at several levels just to make sure they can. So they can fuck you hard if you let them or easily if you cant be had any other way. [/quote]
Original Message
With silver and gold you have to buy at a premium and sell at a discount, EVERY TIME.
They need to go up 33% for you to break even!
He explains it @11:25
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