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<p>[QUOTE="GDJMSP, post: 753981, member: 112"]You don't get ripped, you get a fair price. When you buy gold from a dealer, do you get to buy it at or under spot ? </p><p><br /></p><p>No, you pay more than spot.</p><p><br /></p><p>So when you sell it to a dealer why in the world would you think that you should be able to sell it for spot or more ? There will always be the buy/sell spread.</p><p><br /></p><p>This is true not only with gold or silver - it is true with every coin there is. It is true with every THING there is. If there was no buy/sell spread then dealers would not be in business. No retailer of anything would be in business.</p><p><br /></p><p>Do you get ripped when you go the grocery store ? Do you get ripped when you buy a six pack ? Do you get ripped when you buy a shirt or pair of jeans ? </p><p><br /></p><p>No, of course not. The thought never even enters your mind. Well, it shouldn't with gold and silver either.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 753981, member: 112"]You don't get ripped, you get a fair price. When you buy gold from a dealer, do you get to buy it at or under spot ? No, you pay more than spot. So when you sell it to a dealer why in the world would you think that you should be able to sell it for spot or more ? There will always be the buy/sell spread. This is true not only with gold or silver - it is true with every coin there is. It is true with every THING there is. If there was no buy/sell spread then dealers would not be in business. No retailer of anything would be in business. Do you get ripped when you go the grocery store ? Do you get ripped when you buy a six pack ? Do you get ripped when you buy a shirt or pair of jeans ? No, of course not. The thought never even enters your mind. Well, it shouldn't with gold and silver either.[/QUOTE]
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