Did anyone else get a "Gold is about to tank" postcard from Rare Coin Wholesalers?

guitarwes

Sell your gold boys, buy overpriced "rarities" from RCW!

roadrunner

RCW needs to look at the chart of gold vs. coins over the past 10 yrs....or even the last 3 yrs. No doubt very well-selected underpriced coins can
outperform the metals going forward. But what are the odds of them knowing what those are, and then selling them to you at a fair price?

It's odd, but a few days ago I got a cold call from one of the west coast's retailers and this morning I got another one from Premier in Georgia.
I guess they usually make these calls when they have stuff to move or need to make some commissions asap.

RedTiger

Someone else mentioned receiving the postcard a little while ago.
link to other thread

Baley

but, WHY do they want to take the other (presumably) losing end of the trade?

Out of the goodness of their hearts, they're willing to do us this favor of taking our gold, which is going to go down in value, and buy their coins, which are going to go up?

that's nice of them to offer

KUCH

jmski52

Well, it DID tank. All morning long. So much for that.

streeter

<< <i>but, WHY do they want to take the other (presumably) losing end of the trade?

Out of the goodness of their hearts, they're willing to do us this favor of taking our gold, which is going to go down in value, and buy their coins, which are going to go up?

that's nice of them to offer >>



A most generous offer on their part.

Maybe your gold can be turned into cash immediately and the wholesale market ain't what it used to be for rare coins.......ya think?



I keep hearing that the high end has such a shortage of fresh material......I'm going to ponder this conundrum for a while

johnny9434

it went into the circular file.