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n00b Join Date: Apr 2017
Posts: 4
Liked: 0 times | I'd like to purchase gold and silver without a loss |
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Golden Cockroach Join Date: Oct 2011 Location: In Scrooge McDuck's vault
Posts: 7,094
Liked: 2456 times | You can try buying it on the Comex and taking physical delivery or buying directly from a refinery. I've never done it, but that's how the big boys (banks, private refineries, jewelry industry) do it.
__________________ The journey of a thousand miles begins with a single step. - Lao Tzu Important stuff: PMBug 101 * Forum Guidelines * Support PMBug |
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n00b Join Date: Apr 2017
Posts: 4
Liked: 0 times | Has anyone heard of UPMA? Thank you for the feedback and suggestion. I've also heard about UPMA (The United Precious Metals Association), a gold and silver repository in Utah and heard about them, but wanted to know if anyone has had experience with them. |
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Yellow Jacket Join Date: Nov 2011 Location: off world
Posts: 1,996
Liked: 882 times |
__________________ if it cant be done with a digger .... it cant be done |
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Ground Beetle Join Date: Oct 2011 Location: Here, There, and Everywhere
Posts: 633
Liked: 388 times | No matter where you buy ANYTHING, you will ALWAYS take some sort of a 'loss.' Why? SOMEONE HAS TO FEED THE SELLER'S KIDS, and it is ALWAYS the buyer.
__________________ If you keep doing what you are doing, You will keep getting what you are getting. If you don't like what you are getting, You must change what you are doing. http://mmerlinn.com GOLD is the money of KINGS. SILVER is the money of GENTLEMEN. BARTER is the money of PEASANTS. DEBT is the money of SLAVES. - Norm Franz |
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n00b Join Date: Apr 2017
Posts: 4
Liked: 0 times | UPMA claims a no buy-sell spread UPMA says they charge no buy-spread because, since they are a member organization, the members essentially buy and sell to each other so there is no "loss" in the purchase. Has anyone heard of that or tried purchasing from them? |
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Golden Cockroach Join Date: Oct 2011 Location: In Scrooge McDuck's vault
Posts: 7,094
Liked: 2456 times | Their website states: Quote :
__________________ The journey of a thousand miles begins with a single step. - Lao Tzu Important stuff: PMBug 101 * Forum Guidelines * Support PMBug | |
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Fly on the wall Join Date: Jan 2018
Posts: 32
Liked: 0 times | Investing in gold and silver does not represent a loss. Have you heard of cryptosilver? |
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Ground Beetle Join Date: Oct 2011 Location: Here, There, and Everywhere
Posts: 633
Liked: 388 times |
Or maybe your post is just spam where you posted garbage for the sole purpose of upping your post count.
__________________ If you keep doing what you are doing, You will keep getting what you are getting. If you don't like what you are getting, You must change what you are doing. http://mmerlinn.com GOLD is the money of KINGS. SILVER is the money of GENTLEMEN. BARTER is the money of PEASANTS. DEBT is the money of SLAVES. - Norm Franz | |
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