Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Blood of Tyrants
Wellll, if they can buy it for $260/oz, like I can, then turn around and sell it to you for $392, then pretty soon we're talking real money. Granted, mine is an extreme case, but the precious metals refineries take as much as a 10% cut when you send in Aunt Bessie's bracelet for cash. Like so many other things, the money to be made in gold is not in the holding, it's in the trading.
6 posted on 09/25/2003 7:24:03 AM PDT by Indrid Cold
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Indrid Cold
You can buy it for $260/oz when the "market value" is $392? Man, I'm in the wrong business!
8 posted on 09/25/2003 7:52:19 AM PDT by Blood of Tyrants (Even if the government took all your earnings, you wouldn’t be, in its eyes, a slave.)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson