Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin up.
by
tvbcof
on 05/04/2012, 20:15:16 UTC
can anyone here tell me where i can sell a few gold ounces for the true physical price?  that is, spot price plus this hidden massive premium that i can't seem to locate anywhere?

i mean a real place where i can sell for that true price.

Craigslist. Ebay.

Its hard to get the tightwads on C-list to pay over spot.

You can usually get more then spot on Ebay.  But not alot.

As far as I'm concerned cypherdoc's point is valid, there is no disconnect of physical from spot IMO.

Maybe there will be at some point in the FAR future Wink

The spread is a cost of doing business when it comes to physical.  In my case it is close to negligible and tax issues are a much bigger factor.  If one plans to flip PMs there is little reason to be dealing with physical and a lot of reasons not to be (imho.)  If one is worried about being MF-Global'd playing with ETFs or something like that, one can still hold a core position in physical.  Unless they don't desire a core position I suppose.