Quote:
Originally Posted by aloysius.x
Physical or certificates? How does one get closer to the actual value of Gold rather than retail which eats up profit?
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Precious metals are easy to buy, but hard to hold, and hard to sell, at least for a reasonable price. If you take physical possession, do you have a bank vault to store it in? If a burglar finds it, you likely won't have insurance to cover it.
All the local dealers I am aware of offer pretty low prices when they buy. There are some online buyers that offer higher prices, but you have to make sure they have a good reputation and then hope for the best. That also entails shipping costs and insurance.
Said all that, but still didn't provide an answer to your question, which is a very good question. A question I wish I knew the answer to!
