MCM selling 1 oz gold bars for 7$ over
bronco2078
Posts: 10,225 ✭✭✭✭✭
bronco2078
Posts: 10,225 ✭✭✭✭✭
bronco2078
Posts: 10,225 ✭✭✭✭✭
Comments
This 1oz Gold Bar has the new security feature provided on Sunshine Mint bullion products. When viewed through Sunshine Minting's special decoder lens at one angle, the central design shows the word "Valid," but when you turn the decoder lens 90 degrees, a sunburst appears. These two different views further verify your 1 oz Gold Bar. Authenticate your new Sunshine Minting Gold Bar with the Sunshine Mint Decoder Lens!
Liberty: Parent of Science & Industry
Good price, but are you ready to gamble? My guess they are expecting a further decline in spot on Monday
A better question is how much could you get for it if you sold it? If it's below spot, it's not likely a great deal unless spot pops.
Knowledge is the enemy of fear
Are any PMs a good buy if spot doesn't pop? We just saw in the last 2 months what happens to ASE'S when spot doesn't pop. Folks paid 5 over for something that is now 2.50 over. That's a 15% loss on principle. Ouch!!#
And we also saw that if you paid $2.50 over before the premium pop that you could have done well WITHOUT spot popping much, tho that is more the exception than the rule. But generally you need PM spot price/s to pop to make money. Same with stocks if you actually buy shares of stock.
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I'd jump if I had the cash right now. I like buying from those guys.
MCM, even under new ownership, continues to be a leader in customer service.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Liberty: Parent of Science & Industry
Are any PMs a good buy if spot doesn't pop? We just saw in the last 2 months what happens to ASE'S when spot doesn't pop. Folks paid 5 over for something that is now 2.50 over. That's a 15% loss on principle. Ouch!!#
And we also saw that if you paid $2.50 over before the premium pop that you could have done well WITHOUT spot popping much, tho that is more the exception than the rule. But generally you need PM spot price/s to pop to make money. Same with stocks if you actually buy shares.
but, but but...I thought you guys were "stackers" and the cost avg'ing your doing is part of your daily lives?
Are any PMs a good buy if spot doesn't pop? We just saw in the last 2 months what happens to ASE'S when spot doesn't pop. Folks paid 5 over for something that is now 2.50 over. That's a 15% loss on principle. Ouch!!#
And we also saw that if you paid $2.50 over before the premium pop that you could have done well WITHOUT spot popping much, tho that is more the exception than the rule. But generally you need PM spot price/s to pop to make money. Same with stocks if you actually buy shares.
but, but but...I thought you guys were "stackers" and the cost avg'ing your doing is part of your daily lives?
Never claimed to be a stacker.
Are any PMs a good buy if spot doesn't pop? We just saw in the last 2 months what happens to ASE'S when spot doesn't pop. Folks paid 5 over for something that is now 2.50 over. That's a 15% loss on principle. Ouch!!#
What % = pop?
Some of us are stackers, some are investors, some have bleeding hands from trying
to catch falling knifes.
Some of us are stackers, some are investors, some have bleeding hands from trying
to catch falling knifes.
Most have had to become the first two because of the third one LOL
Cheers, RickO
Good price, but are you ready to gamble? My guess they are expecting a further decline in spot on Monday
Right on. Cue price drop. Lather, rinse and repeat.
I'd jump if I had the cash right now. I like buying from those guys.
IMO they are no better or no worse than any of the other bullion houses. I've had good fortune with all of the ones I've dealt with. The only thing that matters is price at the time I'm buying.
APMEX "gold on sale"
In other words, form a collection. Then we can put the collection in a bag. In this way, we can be holding the bag.
Liberty: Parent of Science & Industry
Like clock work....APMEX has a sale on name brand bars with Assay Cards for $11.99 over spot. I suppose all the big boys are expecting more declines in PM's...
APMEX "gold on sale"
Too bad it's from their website. If twas eBay you could use PP/CC and get cash back at least. CC at APMEX costs a bunch [$46] more. PASS
Much like playing the horses or slot machines..... some make out, many do not...
Cheers, RickO
So PMs are gamblining? Like in a casino?
Knowledge is the enemy of fear
I'd jump if I had the cash right now. I like buying from those guys.
MCM, even under new ownership, continues to be a leader in customer service.
Did Maben sell?
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I'd jump if I had the cash right now. I like buying from those guys.
MCM, even under new ownership, continues to be a leader in customer service.
Did Maben sell?
I believe he sold his interest, but he is still involved in/with the business.
Risk wins. Patience doesn't matter when there's nothing virtuous about the market. The money has to be spread around to grease the wheels of commerce.
I like all metal.
But then, I just got cut by barbed wire last night
Good price, but are you ready to gamble? My guess they are expecting a further decline in spot on Monday
Right on. Cue price drop. Lather, rinse and repeat.
Funny how this happens........
Good price, but are you ready to gamble? My guess they are expecting a further decline in spot on Monday
Right on. Cue price drop. Lather, rinse and repeat.
Funny how this happens........
coincidence. These retail bullion dealers don't play the forecasting game, they play the volume game. Not to say their wholesaler, who most likely gave them a great price on the product, isn't forecasting.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey