On Mar 15, 4:37=A0pm, Dave Hinz <DaveH...@[EMAIL PROTECTED]
> wrote:
> On Sat, 15 Mar 2008 13:21:35 -0700 (PDT), philathome
<philmot...@[EMAIL PROTECTED]
> wrote:
> > On Mar 15, 3:54=A0pm, Dave Hinz <DaveH...@[EMAIL PROTECTED]
> wrote:
> >> On Sat, 15 Mar 2008 12:31:40 -0700 (PDT), philathome
<philmot...@[EMAIL PROTECTED]
> wrote:
> >> Where do you get those numbers? =A0A bit smaller of a swing than I've
s=
een
> >> elsewhere.
> >http://www.bulliondirect.com/index.jsp
>
> Interesting, thank you. =A0Have you taken delivery from them, were you
> happy? =A0I just made a buy from Apmex because a trusted source here
> didn't have what I wanted but says they're good. =A0Will wire the
=A0money=
> moday, hope to have my delivery saturday. =A0But it's good to know my
> options.
>
> As far as buying & selling - the buying clearly makes sense to do out of
> state. =A0My local dealer HAS 100 oz Engelhard bars, But... paying 6%
> sales tax on it, is a lot more than paying 10 or 15 bucks for shipping
> from someone out of state. =A0Not sure our state is driving a smart
> behaviour here but, if I'm deciding between losing almost 400 bucks to
> sales tax, vs. paying 20 bucks to someone for shipping, handling, and
> insurance, it's a no-brainer.
>
> But...when it's time to sell, I wonder if the 50 bucks more I'd get from
> apmex vs. my local dealer makes the hassle worthwhile? =A0Any thoughts?
> The bars I'm buying are specifically to offset a debt that I'll incur in
> a year. =A0Bought a bit extra. =A0My gamble is that the US economy isn't
> going to suddenly recover and that metals aren't going to suddenly fall.
> If I'm wrong I can cover it in another way of course but, if I'm right,
> I don't have to sell all of what I bought to pay that debt, and I'm
> physical goods ahead in the transaction. =A0Got a mix of silver, gold,
> platinum, and palladium. =A0
>
> Do I have a plan? =A0Yeah. =A0Do I know I have a winning strategy? =A0Of
> course not. =A0But at the end of it, I might get to keep a chunk of one
of=
> those metals, if the market keeps going up. =A0We'll see.
I've been using them for about 8 years;if you read through the forum
and spend some time watching how the market works,you'll get the hang
of it.
I've taken delivery of about 200 ounces of silver and maybe 15 or 20
ounces of gold.You can also keep them in your portfolio (at no charge)
if you want to sell on spikes.I keep a little money in my account for
trading on the fly.
Whats great is that you can name your price,post a bid and wait for
the market to reach it;unless the spreads change drastically on bad
news,you can get it.(I always have a low bid in to take advantage of
sudden drops)
Definitely explore the sight-some of the posters there do BIG trades
(they're called the marketmakers) but most are small traders like
myself,who can only scrounge small amounts and trade a few coins or
bars at a time.Check it out,most of us who trade there won't trade
anywhere else.
good luck!
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