Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
This guy doesn't like precious metals.
>
Reply to Thread
Message:
<p>[QUOTE="Drusus, post: 1631204, member: 6370"]I think it is exactly as you say...they are in the business of PM so they know about buying and selling metals which isn't that difficult anyway. Buy low sell high is pretty much how it goes. Its like the liberty dollar failure. These were men who were just in the business of buying and selling gold coins they had minted up then they wrap the whole business in a coat of anti-currency rhetoric and scare tactics about the economy and how gold will somehow save you from losing money...all the while they are taking your currency + a little profit to provide that great patriotic service. They were just selling metal and had a shtick to make them sound like they are somehow doing you a service by selling you that metal the same as any other PM dealer, above market price...and buying below. Not to say that selling PM is a bad thing...its when they use scare tactics and false information to make people think they NEED to buy gold because of impending economic disaster is when it becomes shady. The real crime when it comes to the liberty dollar is not that they were minting a competing currency to the US (because that was already turning out to be a failure) It was their slimy tactics to make themselves out to be patriots doing you a great service...</p><p><br /></p><p>I will tell you who the real experts are when it comes to PM, a metallurgist or a chemist...otherwise...buy low, sell high, and if you are buying the actual metal itself...maybe make it long term.[/QUOTE]</p><p><br /></p>
[QUOTE="Drusus, post: 1631204, member: 6370"]I think it is exactly as you say...they are in the business of PM so they know about buying and selling metals which isn't that difficult anyway. Buy low sell high is pretty much how it goes. Its like the liberty dollar failure. These were men who were just in the business of buying and selling gold coins they had minted up then they wrap the whole business in a coat of anti-currency rhetoric and scare tactics about the economy and how gold will somehow save you from losing money...all the while they are taking your currency + a little profit to provide that great patriotic service. They were just selling metal and had a shtick to make them sound like they are somehow doing you a service by selling you that metal the same as any other PM dealer, above market price...and buying below. Not to say that selling PM is a bad thing...its when they use scare tactics and false information to make people think they NEED to buy gold because of impending economic disaster is when it becomes shady. The real crime when it comes to the liberty dollar is not that they were minting a competing currency to the US (because that was already turning out to be a failure) It was their slimy tactics to make themselves out to be patriots doing you a great service... I will tell you who the real experts are when it comes to PM, a metallurgist or a chemist...otherwise...buy low, sell high, and if you are buying the actual metal itself...maybe make it long term.[/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
>
This guy doesn't like 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...