The seller should have to pay nearly 25x face for 90% (APMEX is 24.7x right now, and RARCOA is 25.1x). He's only willing to give roughly half that for your gold? That's a good deal alright . . . just not for you.
I agree, gold is not doing as well as expected due to crypto and we're still dealing with this pandemic, so the future of gold is even more uncertain than it used to be. I hope something changes but you never know in the world of PM's.
BitCoin is in very precarious technical conditions. Gold strengthened as BitCoin weakened today. You could make a case for BitCoin at 20,000 in a few months.
One step closer to the 2k mark. On that note I just threw some virtual green at a bid up to $2550, on less then an ounce of 22k gold disk and didn't get it. Had some interesting blanchard packaging and a story, but I'll wait for the next one.
Well how about that? We closed for a holiday weekend over $1900.00….. I think I might feel enriched enough to take the family to dinner.
Yup. It's on my list of wants. That one is the 4 pound version and was one hand selected by Blanchard. (I guess that's a good thing) probably been in someone's collection for years and resurfaced. Seller had some good feedback so I was pushing the envelope a bit. Authenticated/Graded ones are over $3k. They usually command Spot plus the cool factor premium