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on2wheels52 on2wheels52 is offline
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Join Date: Apr 2004
Location: Northern Arkansas
Posts: 4,482
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I can see I'm not as negative on gold as some. From 1960 to 1995 gold didn't beat inflation but it wasn't a negative return. The current 'volativility' in metal has to have room for some profit. When you say the locals are getting $50 more than mail order, how much over spot price is that? There's been times I've been happy to sell an ounce for $25 over but gold isn't a major part of my business. I've never ordered any, I just buy what comes through the door.
You'll get more gold for your money buying the 1 oz (10 1/10oz coins cost more). Pay less for Krands, I wouldn't advise starting with numastic gold (old St. Gaudens and Liberty's eg) even though they can be bought close to gold price.
I wish I had the 25oz to sell you, I've only sold that quantity once.
Jim
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Old 09-26-2008, 04:31 AM
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