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To: stefanbatory

>> Usually when I see that phrase, it means that it’s a good time to find a different investment...

Gold really IS different, though. It will only go UP from this point on — forever. It’s, like, money, you know.

That’s the reason there are so many gold dealers busting a nut to take your worthless dollars in trade for *their* gold. It’s because they care for you. It’s (sniff) really touching.


4 posted on 10/26/2009 2:36:10 PM PDT by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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To: Nervous Tick

That’s the reason there are so many gold dealers busting a nut to take your worthless dollars in trade for *their* gold.


You are clueless about dealers. They’re not investors sitting on a fat inventory of gold they own. They’re RETAILERS who buy at one price, and sell at a markup. They make money by the transaction.

Same for the “sell me your gold” retailers. They’re not accumulating, they’re selling it soon after they buy it.


7 posted on 10/30/2009 7:28:49 AM PDT by Atlas Sneezed (Why not "interpret" your tax returns like the Supreme Court "interprets" the Constitution?)
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