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The big banks do NOT want gold closing the month above $1800 so they’re dumping contracts on the market, and they have trillions in Fed funny money to deploy.
Stupid question, but why? I can see them being concerned about the end of the year/ 4th quarter but November seems like such an arbitrary month.
I’ve been watching this guy for awhile now. Seems to have a nice compact setup.Is anyone melting scrap metals. I’m always collecting scrap, but I’ve never melted it down. I’m interested in a melting furnace for gold, silver, copper, aluminum etc. Do I go electric or propane?
I watched a few videos on that as well. Like you said, interesting, but way too involved.Funny I have been going to post similar question. I have recently aquired quite a bit of melted down 14kt gold and a bunch of multiple kt gold jewlery. Can anyone recommend a place in the south shore area that proccesses into 24kt. I have watched many interesting videos but looks pretty involved. Thanks
prices dipping today, I always wonder what makes the market move...
Well, what's your goal? If you're looking for short term return on your investment, there are better options. I envy the guys who made a ton of dough on Bitcoin or the stock market the last couple years. I look at gold and silver as long term insurance.Do most buy gold, seems like with silver you have to buy a ton, was toying with the idea of a gold coin to start but wonder how good it will really do long term and if it is worth it.
....and if you buy from eBay it's actually an eBay tax that they shouldn't charge. You have to go through eBay to get your tax money back if the purchase was over 1K. I was successful in doing so last year.And... don't forget that if you buy from a store front dealer in MA, you will pay sales tax unless you buy over $1,000 at a time.
I found this out the hard way recently and had to cancel an order instead...I wasn’t about to spend time ‘proving’ to eBay that their ‘tax’ was unwarranted. I was lucky the seller obliged and returned my money.....and if you buy from eBay it's actually an eBay tax that they shouldn't charge. You have to go through eBay to get your tax money back if the purchase was over 1K. I was successful in doing so last year.
Chump change. Let us know when you see something that’s worth our time.1935 401.547 oz U.S. Assay Office "Big Apple" Gold Bar l JM Bullion™
1935 401.547 oz U.S. Assay Office at New York “Big Apple” Gold BarON SALE!
Qty (e)Check/Wire Crypto Card/PayPal 1+ $860,909.82 $869,877.57 $896,780.75
Good chance there is no tungsten core in it...
1935 SPOT gold was $34.84.
$34.84 x 401.547 = $13989.90 (rounded)
How much will they give me for the Morgans?The president of Miles Franklin was saying in a podcast today you can sell silver eagles back to them at $6 over spot and $4 over spot for junk silver. Silver eagles sell at $9 over spot these days and the US mint has shut down Eagle production for the year already.
Yet paper silver keeps getting cheaper!