Where can I buy some good Gold /biz/?
Where does /biz/ buy their gold?
>>1012638
at a gold merchant, retard
Gold, silver, or platinum. Which is a better investment?
>>1012638
>buying gold now
LOL FAGGOT.
>>1013331
I'd personally wait until silver is at 1 cent/oz and gold is at 10 $/oz.
>>1013331
forget platinum
go with all silver if you don't have much money, like less than 10k
if you have more, maybe an 80/20 or 90/10 split between silver and gold, respectively.
If you're into it for the numismatics then you're wasting your rime and money.
If it's for hedging your bets in case the economy goes to shit, get junk silver (pre 1964 dimes and quarters) and plain silver bars from Sunshine Minting or some other generic private mint.
I buy from JM Bullion - online
>>1012638
Goldcore.com
They'll even hold it for you so you can cash out for near-market value
>>1012638
>Where does /biz/ buy their gold?
I buy it from the public at large. I own a moderately successful pawn and loan (1 man operation, myself, with an end of year net of about $85k a year.)
I have a two-step "We Buy Gold" op. You bring me scrap, I melt it down and hit it with an XRF. That gets me the percentage to volume of gold in the jewelry. I give that data to you, and then make the offer. I pay 60% of the reading now, in cash (or check if it's greater than $100.) If you want more, I ship it off same day (or next, depending on when you bring it in,) to my refiner. That will get you 90% of the value of the return. Reason is simple, on the former, I don't know what the return is going to be, so I must "protect" myself. On the latter, I'm simply acting as the middle man and taking a small cut of 8% (2% to the refiner, 90% to the seller.)
If you're looking for gold as an investment, don't. You'll never make your money back and even as a "hedge," it's little more than chunky cash, since cash doesn't have a premium associated with it.
