If the banks are lending this money say just even $1.5 Trillion from the fed using fractional reserve banking who knows what is on these bank's books. Or maybe they are just keep putting it all in Treasuries.
<< <i>So...what's the game here........buy low, sell high. Can a guy do that on every high and low point and make gains that way. Or is that not the way to do it with kitco? >>
Exactly how you do it with a kitco pool account. The only reason to have a paper account. >>
Thank you and my only loss will be the 8.98 charge for every transaction? >>
Kitco pool account fees are based on spread between buy price and sell price. No flat fee for trades like a brokerage account. >>
And there needs to be a difference of at least $1.30 to just break even. I'll just hold on for now.
The more qualities observed in a coin, the more desirable that coin becomes!
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Knowledge is the enemy of fear
Box of 20
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<< <i>So...what's the game here........buy low, sell high. Can a guy do that on every high and low point and make gains that way. Or is that not the way to do it with kitco? >>
Exactly how you do it with a kitco pool account. The only reason to have a paper account. >>
Thank you and my only loss will be the 8.98 charge for every transaction? >>
Kitco pool account fees are based on spread between buy price and sell price. No flat fee for trades like a brokerage account. >>
And there needs to be a difference of at least $1.30 to just break even. I'll just hold on for now.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection