New food stores that take silver for payment!

Let me chime in again Yankee. Why would you apologize? I took the time to watch it after all and as I stated the guy is most likely increasing his overall profit.
To me it would only make sense to have a place to turn the metals fast at a profit. OR he could send it to Cash4Gold and lose money.

 

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I think you're right, Clembo. I bet more exchanges like this pop up in stores and businesses if metal prices continue upward. I don't think you'll see the exchange of groceries or services for them, but I think if customers saw a place where they could take old silver and gold and cash them in instead of taking them to the bank and getting face value, they'll do it. We saw this happen with the scrap metals industry, at least where I live, where there were places all over offering to buy your scrap when iron, steel and copper soared. It stands to reason the same will happen now with gold and silver.
Guy~

 

apology accepted.

 

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Interesting video, though I grew tired of the narrator saying "this is the future!" How is it the future? I agree with others who say that this belongs in the category of "Cash4Gold." This store will likely make $$$$ off such transactions. "You can eat your silver! You can eat your gold!" Yes, and they can eat you in the process.