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<p>[QUOTE="Clawcoins, post: 2985361, member: 77814"]Well, that's the $10,000 question. How is the economy going to be like when you want or need to sell? How are PM prices then versus when you bought? How badly or not are (say LCS) going to pay spot minus premium for them ??</p><p><br /></p><p>A few years ago when the economy collapsed I needed to sell some PMs. I basically got ripped off but there wasn't much I could do about it. Few dealers around here mess with Platinum back then, and I needed the money quickly. The quicker you need the money the more likely you'll lost money from spot price. But also in a bad economy there may be less buyers for a particular special coin, bar, etc at spot + premium ... so that's the $10k question.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2985361, member: 77814"]Well, that's the $10,000 question. How is the economy going to be like when you want or need to sell? How are PM prices then versus when you bought? How badly or not are (say LCS) going to pay spot minus premium for them ?? A few years ago when the economy collapsed I needed to sell some PMs. I basically got ripped off but there wasn't much I could do about it. Few dealers around here mess with Platinum back then, and I needed the money quickly. The quicker you need the money the more likely you'll lost money from spot price. But also in a bad economy there may be less buyers for a particular special coin, bar, etc at spot + premium ... so that's the $10k question.[/QUOTE]
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