Ninjastic
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Board Speculation
Re: I just cashed out my lot of Bitcoins for Gold. Here's why.
by
Jozzaboy
on 08/06/2013, 20:11:13 UTC
Quote from: Jakewell on June 08, 2013, 07:56:46 PM
Quote from: ElectricMucus on June 08, 2013, 07:48:46 PM
Quote from: vokain on June 08, 2013, 07:39:07 PM
what's the cost to sell a gold coin? I know the dealer spread is disgusting

Where I am I can do that at any bank. That's pretty much the only reason to own gold for me. Spreads are around 10%, 6 for full ounces I think.


i have an online broker who trades gold with a spread of 1.5 usd Wink

buying physical gold ounces at the corner store is for begginers

Buying precious metal where you can't physically touch it means you do not really own it. It's like the US government has never taken gold away from the population during unstable economic conditions...