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03:30 PM
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Selling Silver and Gold in New York’s Diamond District Guy Is Offered 22% BELOW SPOT
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[quote:Anonymous Coward 82524972:MV81MDk4Mzg4XzkzNDgwNTk1X0M4RkIzQkFB] Im not from the USA and have never been in that city or state. Exactly what is the demographic in that neighbourhood? Maybe there is some cultural overlay involved? [/quote]
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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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