Buying gold is a scam

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Anonymous
Buying gold is a scam 2017-09-12 05:47:19 Post No. 3446158
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Buying gold is a scam Anonymous 2017-09-12 05:47:19 Post No. 3446158 [Report]

>want to buy gold
>price of gold is $1335 per oz
>want to buy 3oz of American Gold Eagle coins
>price includes over the spot cost, premium charges, delivery charges, handling charges
>total comes to $4425.39
>see how much I would get if I sold those coins on the same site
>after fees and more premium charges it pays $3827.36
That means If I buy gold at $1335 I would have to wait until it costs $1548 just to break even.

Anonymous 2017-09-12 05:50:48 Post No.3446214
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Anonymous 2017-09-12 05:50:48 Post No.3446214 [Report]

>>3446158
sell it yourself at a similar markup from spot.

Anonymous 2017-09-12 05:52:58 Post No.3446260
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Anonymous 2017-09-12 05:52:58 Post No.3446260 [Report]

>>3446158
It's almost like goldsellers want to make money too.

Anonymous 2017-09-12 05:54:20 Post No.3446280
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Anonymous 2017-09-12 05:54:20 Post No.3446280 [Report]

You trade futures not physical you actual moron

Anonymous 2017-09-12 05:55:06 Post No.3446298
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Anonymous 2017-09-12 05:55:06 Post No.3446298 [Report]

>>3446158

That's because you're buying from an online dealer.

I've been buying PMs for years. Go o to your local coin shop and tell them you want to buy 3 oz's of gold. They'll make it happen an d you'll pay FAR less. Trust me.

Anonymous 2017-09-12 05:56:19 Post No.3446323
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Anonymous 2017-09-12 05:56:19 Post No.3446323 [Report]

>>3446158
No shit. The gold meme is a way to trick boomers into paying commissions.

Anonymous 2017-09-12 05:57:44 Post No.3446354
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Anonymous 2017-09-12 05:57:44 Post No.3446354 [Report]

>>3446158
Forget gold, you need to buy some Bitcoin packages

Anonymous 2017-09-12 05:57:50 Post No.3446360
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Anonymous 2017-09-12 05:57:50 Post No.3446360 [Report]

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>buying fucking shiny metals

Anonymous 2017-09-12 05:59:20 Post No.3446380
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Anonymous 2017-09-12 05:59:20 Post No.3446380 [Report]

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The bid-ask is literally 10 cents you cretinous neets.

Anonymous 2017-09-12 06:00:55 Post No.3446416
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Anonymous 2017-09-12 06:00:55 Post No.3446416 [Report]

>>3446280
Commodities are inflated as fuck anyway
>muh tangible assets
>muh shiny metals

Anonymous 2017-09-12 06:01:45 Post No.3446430
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Anonymous 2017-09-12 06:01:45 Post No.3446430 [Report]

>>3446416
>fiat is inflated
>commodities are inflated
???

guess the only thing that isnt inflated is your piece of shit wallet shitcoins?

Anonymous 2017-09-12 06:01:58 Post No.3446431
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Anonymous 2017-09-12 06:01:58 Post No.3446431 [Report]

>>3446158
Buy local, buy heavy (not coins; bars). You don't have the money to buy gold yet. Although we are heading for a inevitable crash.
Anyone telling you anything differently just ignores everything history has taught us. There is nothing special that has happened now. It's just going to get really big.

Anonymous 2017-09-12 06:06:55 Post No.3446520
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Anonymous 2017-09-12 06:06:55 Post No.3446520 [Report]

>>3446430
Why are you blaming me for this shit, commodities are inflated because they're speculation tools for simple minded that don't want to take risk but end up taking risks anyway because they're too dumb to know it.

Anonymous 2017-09-12 06:07:26 Post No.3446527
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Anonymous 2017-09-12 06:07:26 Post No.3446527 [Report]

>>3446158
Buy silver it's a better buy right now. Ps you should only buy precious metals if you are looking to hold long term. In the future you can use it in case of an emergency or for a nice vacation when you retire.

Anonymous 2017-09-12 06:10:51 Post No.3446571
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Anonymous 2017-09-12 06:10:51 Post No.3446571 [Report]

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>>3446158

You can buy gold directly with bitcoin. There's a British exchange called vaultoro or so. They store the gold in a vault in Switzerland so you can bypass the US monetary system and they cannot take away your gold.

Anonymous 2017-09-12 06:17:06 Post No.3446677
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Anonymous 2017-09-12 06:17:06 Post No.3446677 [Report]