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Why Do Bullion Dealers BUY Gold At These Prices?
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<p>[QUOTE="Two Dogs, post: 3650248, member: 85671"]There are hedging programs available to the big dealers. When they buy from us, they can lock in a price that will guarantee them a 1% or so margin. With large volume on a commodity such as gold or silver, they can generate a profit on such a slim margin.[/QUOTE]</p><p><br /></p>
[QUOTE="Two Dogs, post: 3650248, member: 85671"]There are hedging programs available to the big dealers. When they buy from us, they can lock in a price that will guarantee them a 1% or so margin. With large volume on a commodity such as gold or silver, they can generate a profit on such a slim margin.[/QUOTE]
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