That was a flash in the pan. It quickly dropped to around $2,340 when people decided to cash in.
Gold is near all time high
- Thread starter DrHenley
- Start date
Help Support Doomsday Prepper Forums:
Arcticdude
Top Poster
I think I'll sell some gold soon. There's still a few toys that I need, or maybe some more land.
Sold one coin. Some things I needed for BOL2 weren't in the budget.
Guy at the coin shop was reluctant to buy, for fear the price would crash. I told him as soon as there is a correction I'll buy some back. That didn't really make him happy either. The coin I sold him, he sold me when gold was below $1400. He is supposed to make money off of me, not vice versa, LOL.
Guy at the coin shop was reluctant to buy, for fear the price would crash. I told him as soon as there is a correction I'll buy some back. That didn't really make him happy either. The coin I sold him, he sold me when gold was below $1400. He is supposed to make money off of me, not vice versa, LOL.
backandbeyond
God Like
He may have, he could have bought the coin for $1,300 the day before he sold it to you. And when he bought it back off you resold it for a cash profit later that day. Dealers always cry poor but they always pay the rent and stay in business decade after decade. Personally I don't begrudge them their commissions, I'd hate to buy and sell online, too much exposure, I'll leave that to the millennials. I'd also hate to have to run a shop, to be there day in day out putting up with all the BS that you get from people coming in to sell junk but expecting it to be worth a fortune.
Back in the days of cheap Gold I bought a lot of world coins off a dealer at spot. German, Russian, Pacific Island ones, mostly all minted in the 1970's, it was a big thing for nations to mint Gold back then.
