Buying Gold & Silver Coins On eBay ?
Although I have purchased many silver and gold coins through ebay, their are faster, safer and easier ways to do it without getting ripped off ..
I would recommend sticking to American Eagles, Canadian Maple Leaf bullion coins or coins that have been certified by NGC ,PCGS or ANACS preferably.
When buying Silver & Gold coins "sight unseen" the ONLY way to mitigate risk is with certified numismatic coins + making SURE that you check the coins certification number and clarify with the seller that the COIN in the PHOTO is the one you will receive.
Bullion or raw/ungraded coins are a suckers game on eBay-anything could be a slug, even certified coins can be tampered with. Check the sellers feedback rating, anything less than 100% and I would move on ...
Do Not Fall into the hype that BULLION is the only way to go-That's bullshit and the guys espousing that crap KNOW IT!
Just take a look at the "Closed Sales" on eBay for certified coins- They Sell like hot-cakes! Make sure you look at the closed sales on MS70 coins ..
Do the research .. Don't take my word for it and especially not from some perfect hair-Wall Street types, selling books, driving Tesla Roadsters & tooling around in their yachts
They want to scare you into buying , don't fall for it .. end of rant
Like I said, I have used eBay to buy gold & silver and I continue to do so on occasion.
I just don't feel comfortable recommending eBay to novice gold & silver coin buyers.
Since I originally posted this video, eBay has tightened up standards dramatically when it comes to what kind of certified coins you can sell on their site and made big steps to eliminate all the riff-raff.
Wednesday, August 7, 2013
Palladium Shortages spur bullish wagers
Palladium shortages spur bullish wagers
Reuters.
Sheets of palladiums are pictured at a jewellery factory.
New York - At a time when gold and silver are tumbling the most in three decades, hedge funds are holding a near-record bullish bet on palladium as forecasters from Morgan Stanley to Credit Suisse Group AG predict years of shortages.
Demand will exceed output by 1.33 million ounces in 2013, more than North America produces in a year, Morgan Stanley says.
Credit Suisse anticipates deficits through at least 2016, and researcher CPM Group says mines won’t catch up for a decade.
Prices will average $800 an ounce in the first quarter, 9.9 percent more than now, and $850 in 2015, the median of as many as 12 analyst estimates compiled by Bloomberg show.
Speculators raised bets on higher prices eightfold in the past year and are holding a near-record amount in funds.
http://www.iol.co.za/business/markets/commodities/palladium-shortages-spur-bullish-wagers-1.1558239#.UgKK8zeyIs4
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Robert Kiyosaki : My criteria for an investment is four things:
Robert Kiyosaki : My criteria for an investment is four things: What is the project, who are the partners, what is the financing, who will manage it?
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Why small Businesses Fail
Robert Kiyosaki : Most small businesses failed because the owner was under skilled, not under capitalized.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
savers are losers
Robert Kiyosaki : Some banks are CHARGING customers for holding their savings. Thus, losing money through saving money. More proof that ‘savers are losers’.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Robert Kiyosaki : Success is found by NOT doing what the ‘A’ students do. Watch what the ‘C’ students do.
Robert Kiyosaki : Success is found by NOT doing what the ‘A’ students do. Watch what the ‘C’ students do.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
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