Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
GOLD taking it on the chin today
>
Reply to Thread
Message:
<p>[QUOTE="baseball21, post: 8337952, member: 76863"]Pretty much no one was selling anywhere close for quite some time as a lot had bought in the 40s, then the 30s and all the "I'm doing you a favor selling to you at this price, it will only go up" blah blah blah during that time which of course still exists. Everything was significantly cheaper for the cost of doing business as well from shipping to supplies to fees if you were selling online etc. </p><p><br /></p><p>They were definitely higher premiums in terms of pure premiums than we're seeing today. Sellers arent making anywhere near what most people think they are when you consider the costs of completing the sale. This is why for a long time now I've thought physical silver is a terrible investment especially if you arent willing to sell on every spike. There's such a significant cost between the buy an sell fees it has to almost skyrocket to actually make money.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 8337952, member: 76863"]Pretty much no one was selling anywhere close for quite some time as a lot had bought in the 40s, then the 30s and all the "I'm doing you a favor selling to you at this price, it will only go up" blah blah blah during that time which of course still exists. Everything was significantly cheaper for the cost of doing business as well from shipping to supplies to fees if you were selling online etc. They were definitely higher premiums in terms of pure premiums than we're seeing today. Sellers arent making anywhere near what most people think they are when you consider the costs of completing the sale. This is why for a long time now I've thought physical silver is a terrible investment especially if you arent willing to sell on every spike. There's such a significant cost between the buy an sell fees it has to almost skyrocket to actually make money.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
GOLD taking it on the chin today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...