Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I Want to Buy a Gold Bullion Bar
>
Reply to Thread
Message:
<p>[QUOTE="kanga, post: 1961109, member: 9270"]I did some more searching in the MD/DC/VA area and not only didn't find anything better</p><p><b>BUT</b></p><p>was annoyed that in all but one place the dealers gave <b>NO</b> indication of how much they'd charge.</p><p>And the one place that gave a quote only sold in quantity (if I wanted to buy 25 or more ounces it was around $1315/oz; <b>WAY</b> too much money for me).</p><p><br /></p><p>The first gold bar I bought (from the same MD place that I quoted above) I got at $1242/oz and with their 3.2% it worked out to be about $1282.</p><p>Of course it immediately dropped down to about $1220/oz (I said "Oops") but since then has stayed above my original investment.</p><p>Their buy-back price is spot minus $10 so I need the spot to be about $1295 to break even.</p><p><br /></p><p>What's been surprising me is that gold and the stock market have been moving <u>the same direction</u>.</p><p>Generally if the market goes up gold goes down and vice versa.</p><p>Fortunately since I can't even begin to understand the market I don't do stocks.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 1961109, member: 9270"]I did some more searching in the MD/DC/VA area and not only didn't find anything better [B]BUT[/B] was annoyed that in all but one place the dealers gave [B]NO[/B] indication of how much they'd charge. And the one place that gave a quote only sold in quantity (if I wanted to buy 25 or more ounces it was around $1315/oz; [B]WAY[/B] too much money for me). The first gold bar I bought (from the same MD place that I quoted above) I got at $1242/oz and with their 3.2% it worked out to be about $1282. Of course it immediately dropped down to about $1220/oz (I said "Oops") but since then has stayed above my original investment. Their buy-back price is spot minus $10 so I need the spot to be about $1295 to break even. What's been surprising me is that gold and the stock market have been moving [U]the same direction[/U]. Generally if the market goes up gold goes down and vice versa. Fortunately since I can't even begin to understand the market I don't do stocks.[/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
>
Coin Chat
>
I Want to Buy a Gold Bullion Bar
>
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...