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never sell your bullion to a dealer for under spot!
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<p>[QUOTE="medoraman, post: 1750848, member: 26302"]So, again, who are the "dealers" that have commented on this thread? You accused me of being one, and I told you I am not. I do not believe most other posters here are dealers either. Are you assuming anyone disagreeing with you are dealers simply trying to defend their practices? I wrote ad nauseum here on CT to expect higher premiums when PM goes down. It always happens, just like in every other market decrease I have been in. I also wrote that while selling premiums will go up, buying premiums will go down, since the dealer is afraid the market can fall further. Effectively in falling markets the spread widens due to uncertainty. Always has in my 30+ years experience.</p><p> </p><p>Assuming everyone disagreeing with you is only doing so because of a self interest sure is closed minded in my view. You are effectively telling yourself there is no way you could be wrong, since you have assumed the other side has to have a reason to lie. Good path towaards self delusion in my book.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1750848, member: 26302"]So, again, who are the "dealers" that have commented on this thread? You accused me of being one, and I told you I am not. I do not believe most other posters here are dealers either. Are you assuming anyone disagreeing with you are dealers simply trying to defend their practices? I wrote ad nauseum here on CT to expect higher premiums when PM goes down. It always happens, just like in every other market decrease I have been in. I also wrote that while selling premiums will go up, buying premiums will go down, since the dealer is afraid the market can fall further. Effectively in falling markets the spread widens due to uncertainty. Always has in my 30+ years experience. Assuming everyone disagreeing with you is only doing so because of a self interest sure is closed minded in my view. You are effectively telling yourself there is no way you could be wrong, since you have assumed the other side has to have a reason to lie. Good path towaards self delusion in my book.[/QUOTE]
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never sell your bullion to a dealer for under spot!
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