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To: LouAvul

Forget ebay as a source.

If you are going to try to buy from other than a recognized PM dealer, get some equipment to check the purity of the gold, like what a pawn shop uses. Sure, it is expensive, but getting scammed is a whole lot more expensive.

There are,maybe, a half a dozen PM dealers I would trust, but None are pawn shops or local dealers.

All PMs are always sold priced as to melt value unless you start paying a premium for collector value, the Kitco price is melt value, you pay a handling premium over that, it runs about $130 (or so) on an oz of gold. They will buy your gold for melt value, sometimes a little more.

Gold is NOT an investment, it is a store of wealth, nothing more.


52 posted on 02/26/2022 9:34:54 AM PST by wrench
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To: wrench
Gold is NOT an investment, it is a store of wealth, nothing more.

Most accurate quote of the entire thread! Worthy of emphasis!

53 posted on 02/26/2022 9:37:04 AM PST by beancounter13 (A Republic, if you can keep it.)
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To: wrench
Gold is NOT an investment, it is a store of wealth, nothing more.

Exactly. Thanks for understanding my point. Some of the advice and snarky comments posted, I expected. It is, after all, freerepublic.

But comments such as yours are appreciated.

57 posted on 02/26/2022 9:48:04 AM PST by LouAvul (The liberal's mantra: " I don't understand why this has to be so hard.")
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