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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: crdesign who wrote (5989)9/9/2002 10:41:51 PM
From: pogbull  Read Replies (2) | Respond to of 89467
 
Hi Tim:
I think there are several avenues to sell bullion.

I inherited some silverware in 1979 and sold it in small town New Hampshire in the very early 80s without problem.

My local dealer says he will buy when I am ready to sell but who knows for sure.

I am also an avid coin accumulator and have often thought of selling coins at weekend shows and could easily sell bullion in that setting.

Ebay is also a good avenue for selling.

Kitco also lists their buy prices right on their site.
kitco.com Right hand side of screen.
Currently $315.10 for gold

I bought the big silver bar at less than 4.08 per ounce so it was hard to pass up. I would recommend the 100 oz bars though as they are easier to handle and to sell, I would imagine.

Personally I feel like I have enough silver now and am really only interested in more gold if prices pull back.
Sorry for rambling on here but I really don't think it will be hard to sell your bullion.

I think Jim has stated that rising prices will increase demand, time will tell.



To: crdesign who wrote (5989)9/10/2002 10:19:43 AM
From: Jim Willie CB  Respond to of 89467
 
this is a really needless mindless concern, Tim
in 1980 lines 200-long circled around street corners where the public goofballs struggled desperately to buy the highpriced $800 gold

was there any shortage of buyers for Naz 4800 ?
5000?
no way

this is a moronic fear
the Hong Kong boys are not shutting out sellers of gold
they are hoarding the precious gold before it skyrockets
the dumbest and most eager buyer is at the top
regardless of the asset class
any trouble finding upper middle class house buyers now?
no
any trouble finding buyers of oil stocks in 1990?
no
any trouble with tech stocks selling with no earnings?
no
any trouble with dotcoms showing a joke of a biz plan?
no

dont worry
you sound like a sound bite for the Gold Cartel
dealers will turn desperate when gold streaks over #1000
in fact, they will turn up their advertisement budget big bigtime

/ jim