>want to buy gold
>price of gold is $1335 per oz
>want to buy 3oz of American Gold Eagle coins
>price includes over the spot cost, premium charges, delivery charges, handling charges
>total comes to $4425.39
>see how much I would get if I sold those coins on the same site
>after fees and more premium charges it pays $3827.36
That means If I buy gold at $1335 I would have to wait until it costs $1548 just to break even.
Buying gold is a scam
Charles White
Logan Price
sell it yourself at a similar markup from spot.
Ryder Hughes
It's almost like goldsellers want to make money too.
Jack Martin
You trade futures not physical you actual moron
Oliver Evans
That's because you're buying from an online dealer.
I've been buying PMs for years. Go o to your local coin shop and tell them you want to buy 3 oz's of gold. They'll make it happen an d you'll pay FAR less. Trust me.
Luke Richardson
No shit. The gold meme is a way to trick boomers into paying commissions.
Xavier Lee
Forget gold, you need to buy some Bitcoin packages
Chase Carter
>buying fucking shiny metals
Alexander Parker
The bid-ask is literally 10 cents you cretinous neets.
Charles Ortiz
Commodities are inflated as fuck anyway
>muh tangible assets
>muh shiny metals