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CNBC physical gold interview

57loaded57loaded Posts: 4,967 ✭✭✭
in Precious Metals
they are interviewing and will speak about the record demand for physical gold in a few minutes...
sry don'y know much beyond that.

interets rate anticipated cuts hurting USD

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    ebizgobroebizgobro Posts: 595 ✭✭✭
    I listened to part of the interview on CNBC.

    The key point from the interviewee was that physical gold and silver was selling at a premium over the spot price. In the case of physical gold, it was selling at $80 -100 over the spot price.

    Some of the CNBC interviewers had negative comments about gold investments.
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    storm888storm888 Posts: 11,701 ✭✭✭
    MAJOR sell signal. (At best a "wait signal.")

    100-man boiler room; adding 100 more sales guys. (He calls them "traders." They are NOTHING but cold-callers.)

    EVEN the chicks doing the story saw through the SCAM.

    ...........

    Folks who have NONE, should buy a little now.
    Folks who have plenty, should WAIT.

    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
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    fishcookerfishcooker Posts: 3,446 ✭✭
    Grandpa got a sales call yesterday!

    The salesman had silver coins formerly priced at $20/each marked all the way down to just $4!! PLUS, they were sure to rise in value from here!

    But... Grandpa said he couldn't sleep at night if he took such advantage of the salesman.
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