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Re: Gold 

By: DueDillinger in CONSTITUTION | Recommend this post (1)
Tue, 22 Nov 11 6:40 AM | 51 view(s)
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Msg. 16281 of 21975
(This msg. is a reply to 16274 by lkorrow)

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Metal, specifically kilo bars and $100 bags of junk silver coins. Buying/selling at APMEX is easy. Note the buy price.

https://www.apmex.com:443/Product/51412/1_Kilo_3215_oz_APMEX_Silver_Bar_IRA_Approved.aspx

The bag of coins is 71.5 oz and the premium is only about .75/oz.

https://www.apmex.com:443/Product/27/90_Silver_Coins___100_Face_Value_Bag_.aspx

I'm not really worried about the 'spread' anyway, as I probably won't be selling this silver until it's well over $50/oz.

I sold some silver bars at just over $40 a few weeks ago. I bought 'em in 2009 under $20.

I'll probably load up on GDX calls tomorrow as the crooks at COMEX/CME work the price of gold down for options expiration.

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The above is a reply to the following message:
Re: Gold
By: lkorrow
in CONSTITUTION
Tue, 22 Nov 11 6:09 AM
Msg. 16274 of 21975

Due, I assume you're buying/selling silver shares, as opposed to the metal, or you'd be getting killed on the buy/sell spread...


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