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posted 1 year ago by XBX_X on scored.co (+0 / -0 / +15Score on mirror )
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Vlad_The_Impaler on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror ) 1 child
it looks like the entire global economy is crashing. All currencies are devaluing.

They're going to print tons of more money or else introduce CBDC after global currency collapses. Get your gold and silver now.
XBX_X on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
The problem with metals is that you pay a premium going into them and you pay a premium to get out of them.

The only ones who make any money at it are the brokers taxing you in either direction.
Vlad_The_Impaler on scored.co
1 year ago 0 points (+0 / -0 )
I hate that too but I got over it

I pay $80 premium for one ounce gold Canadian maple. I pay about $150 premium for one ounce us mint gold liberty or buffalo

When I sell I expect at least spot.

So I pay that one time premium the way I look at it

Talk to your local coin shop dealer about pricing, how often it changes, their policy buying coins back, etc

Look at it this way. Gold has been going up $100 every day for months. The premium is erased in less than a week.

The premium is cheaper than holding dollars for 6 months or longer. Look how fast the dollar loses value. Trump is on pace for a $2.5 trillion dollar deficit! In one year!
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