What the buyers mean is "I will trade my inherently worthless USD-Fiat currency" for your "real money".
Let's hear it from the peanut gallery!
Let's hear it from the peanut gallery!
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Item Relisted! WTB gold, Silver ... what they really mean
- Thread starter moosensquirrel
- Start date
Sadly the local Publix doesn't take gold or silver in exchange for my $6/dozen eggs...
I know everyone's situation is different. I would recommend to sellers to not sell your silver uless all the other preps are made.
Want to buy your silver at $15/oz, so I can sail it for $28/oz.
It depends. Everyone including me is looking for a deal. Usually the highest price paid on scrap is 90% in high quantities. Right now, with market jumping around, I'd expect 80%. Some of us just buy and hold and it's hard to buy from individuals with places like jm who stands behind their product, ships for free, and runs sales making the premium an extremely small percentage. The last thing I want to do is lug my sigma tester 45 minutes across town to buy a 10oz bar at spot when JM will send it to me for less the cost of fuel.
I just love all these people that talk about 80 or 90 percent.
I have sold to Provident and there advertised buy price has always been at least 1.00 over spot.
Currently almost 2.00 over spot for Silver Eagles.
M
I have sold to Provident and there advertised buy price has always been at least 1.00 over spot.
Currently almost 2.00 over spot for Silver Eagles.
M
Get a few chickens, keep your metals
