Why most people buy PMs for the wrong reasons...

The actor was Mr. Carson, the character, which Brett chose specifically, was Mr. Turbo, an obvious moron.

 

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Good man Santinidollar
Enjoy it while you can you never know how long you've got .
Spike Milligan (Brit comedian - and a GOON) said If you die with money in the bank, You've failed !!!
On his coffin was inscribed "I told you I was Ill"
Keep smiling you Guys.....XXX

 

Yes, and is what I said ("Mr. Carson playing a moron") and suggested you interpret as you see fit.

 

Hmm. I live in a rather unremarkable small city. I can think of a half-dozen dealers within its boundaries who will buy ASE's for cash. They know the sellers can go online just like you can, and get real time quotes. The average spread is less than 7% either way, unless you don't have a smartphone, or have something you want to sell quick before your grandmother wakes up.
The Photo ID requirement to sell usually precludes the latter, or at least leads to a successful prosecution.

 

There's only a handful of places around here (excluding gold/silver pawn places). And many pay under spot for ASEs
One place actually played spot (BU or Proof) but they went out of business.

But Provident metals lists a Buy-Back price which is $1.79 less than the selling price which is $1.50 above spot for a 2016 ASE. Of course, you have to mail your ASEs to them.

I'm pretty sure they pay under spot for Gold too when I looked into it. Of course, many places give per gram price which people don't know how to convert from ounces.

 

What you were doing is making a snarky comment and pointing insult, but were too chicken to be up front about it.

Among all his perceived short comings....Floyd R. Turbo always stood up for what he thought was right - and made no bones about speaking his mind openly and honestly.

If you'd like to take shots... Stand up, say your piece directly and be a man about it.

I'm your huckleberry...

 

Haha... the breeze from that whiff can be felt on the other side of the country, my friend. You completely misjudged, but was a fine come back and of the type we need more of around here. Kudos for that.

If I'm going to take a shot at you, you're going to know it.

 

talk about buying PM for the wrong reasons .... http://www.kitco.com/pr/1037/Gold_B...content=&utm_campaign=Bank_Financing_For_Gold

 

No doubt. I've noticed a big uptick in financial offers via the mail too. Feels like "caution" is being abandoned wholesale again.

 

That, friends and neighbors, is a one-way ticket to the poor house.

 

LOL! What could possibly go wrong?

 

When companies feel it's okay to market that kind of stuff, to me, it tarnishes the entire gold marketing industry. This is Kitco, for crying out loud! This is not some schlock house! This is a major mainstream player! The whole industry's corrupt, and they ought to be ashamed.

 

If my grandmother (either of them) wakes up, we have a zombie apocalypse. The younger one was born in 1889 and died in 1977.

 

Is kitco providing the finance or a third party lender? Reads like third party but I didn't follow the link so I don't know.

"For want of more yield, the consumer was lost. For want of a consumer, the Market was lost..." (lol)

 

The phone numbers on that ad are the same phone numbers on the Kitco Contact page.

But I'm sure some bank is floating the loan through Kitco.

 

Almost all places I have ever seen pricing in grams do so to hose the consumer. The gram price, (again from what I have seen), is always in the house's favor.

 

Small quantities require a lot of effort, shipping and time for a small amount of money - so the premiums will naturally be higher.

Just like at a grocery store. Of course not everyone can afford to buy a "Costco" size kilo bar of gold.

 

Wells Fargo? (lol)

 

Every metals transaction comes with a number of accounts in your name that we'll keep completely secret ... from YOU!

 

Interesting report from a Wells Fargo analyst today on gold. The report projects a $200 price drop from current levels as soon as 2017 because increased mining during the recent price spike already has supply overwhelming demand. He says a buy in point is $1030 and it's time now to unload the miners.

But some other analysts were on CNBC saying a price rebound is likely from current levels because of demand from India and pent-up demand from China.