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never sell your bullion to a dealer for under spot!
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<p>[QUOTE="Blaubart, post: 1733299, member: 37498"]I think a lot depends on the local market. There are markets that favor the buyer and markets that favor the seller. For example, if a local community is doing well, the residents are likely buying more bullion than they're selling. When that happens, local dealers will have to be prepared to offer a little more than average if they wants peoples' business. Conversely, if a local economy is depressed, then residents are probably selling more than they're buying, in which case dealers are able to offer less than average and still get all the inventory they need.</p><p><br /></p><p>All that being said, the Internet does help even out these markets. It is possible to earn a fair profit even when buying very close to spot in buyers markets and selling for a small premium over spot in sellers markets.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1733299, member: 37498"]I think a lot depends on the local market. There are markets that favor the buyer and markets that favor the seller. For example, if a local community is doing well, the residents are likely buying more bullion than they're selling. When that happens, local dealers will have to be prepared to offer a little more than average if they wants peoples' business. Conversely, if a local economy is depressed, then residents are probably selling more than they're buying, in which case dealers are able to offer less than average and still get all the inventory they need. All that being said, the Internet does help even out these markets. It is possible to earn a fair profit even when buying very close to spot in buyers markets and selling for a small premium over spot in sellers markets.[/QUOTE]
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