Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
manipulating precious metals without owning actual precious metals
>
Reply to Thread
Message:
<p>[QUOTE="10gary22, post: 1474422, member: 23626"]I do believe that physical gold bullion is held in vaults by large banking interests and governments. That the object is to control the acutal bullion. These people don;t trade exclusively in contracts. Even the Hunts moved several million tons of silver by freighters to Switzerland back in the 70s.</p><p><br /></p><p>To get a really good idea of the actual value of a PM is to research it on eBay. Private owners who actually take possession of metals for insurance set a more realistic value for those of us who do trade in them. Say $1 FV US coins has a market value of 20x, but it's selling on eBay for 23x. We can realistically say that we will buy at 23x and sell at 23x losing the commission. I believe online trading is a greater part of the actual transfer of PM's. </p><p><br /></p><p>Just sayin'[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1474422, member: 23626"]I do believe that physical gold bullion is held in vaults by large banking interests and governments. That the object is to control the acutal bullion. These people don;t trade exclusively in contracts. Even the Hunts moved several million tons of silver by freighters to Switzerland back in the 70s. To get a really good idea of the actual value of a PM is to research it on eBay. Private owners who actually take possession of metals for insurance set a more realistic value for those of us who do trade in them. Say $1 FV US coins has a market value of 20x, but it's selling on eBay for 23x. We can realistically say that we will buy at 23x and sell at 23x losing the commission. I believe online trading is a greater part of the actual transfer of PM's. Just sayin'[/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
>
manipulating precious metals without owning actual precious metals
>
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...