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Pamp/ Credit Suisse Gold Bars vs. Cold Bullion Coins?? - grams vs oz??
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<p>[QUOTE="AlexN2coins2004, post: 970164, member: 19049"]that's what I was thinking about said dealer or dealers...I mean seriously they are not in the business to help out new people...and no I'm not saying they are around to scam people either...but they need to make a living and some dealers or "sellers" any on TV think they need a mil or 2 a year to scrap by...watch out for those premiums...it might be all you can afford (1 gram bars) by going off of spot at $1200.50/oz you are getting $38.60 worth of gold for say $50-55/gram and that being 31.1 to a troy ounce $1555-$1710.50/troy oz so what if the premium evaporated you would need gold to hit around the above posted price to break even...personally I would rather wait and buy something with less premium on it and get more bang for my buck...especially if I only have a few to spare...investing is about using the least amount of currency to get the most potential so you can get more for less work...least I think so...also it doesn't hurt to hedge it. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p> </p><p>one of my favorite quotes but I forget where it's from "always be thinking about what you can do each day to get a little bit more ahead in what your doing" </p><p> </p><p>Alex[/QUOTE]</p><p><br /></p>
[QUOTE="AlexN2coins2004, post: 970164, member: 19049"]that's what I was thinking about said dealer or dealers...I mean seriously they are not in the business to help out new people...and no I'm not saying they are around to scam people either...but they need to make a living and some dealers or "sellers" any on TV think they need a mil or 2 a year to scrap by...watch out for those premiums...it might be all you can afford (1 gram bars) by going off of spot at $1200.50/oz you are getting $38.60 worth of gold for say $50-55/gram and that being 31.1 to a troy ounce $1555-$1710.50/troy oz so what if the premium evaporated you would need gold to hit around the above posted price to break even...personally I would rather wait and buy something with less premium on it and get more bang for my buck...especially if I only have a few to spare...investing is about using the least amount of currency to get the most potential so you can get more for less work...least I think so...also it doesn't hurt to hedge it. :D one of my favorite quotes but I forget where it's from "always be thinking about what you can do each day to get a little bit more ahead in what your doing" Alex[/QUOTE]
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Pamp/ Credit Suisse Gold Bars vs. Cold Bullion Coins?? - grams vs oz??
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