NSFW Anon Archived $50 Million worth of gold bars in circulation found to be fake. Some making it as far as JPMorgan and Chase & Co's vaults. (dailymail.co.uk)
submitted ago by 3403648?
Posted by: 3403648?
Posting time: 1.3 years ago on
Last edit time: 1.3 years ago on
Archived on: 11/27/2019 10:00:00 AM
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NSFW Anon Archived $50 Million worth of gold bars in circulation found to be fake. Some making it as far as JPMorgan and Chase & Co's vaults. (dailymail.co.uk)
submitted ago by 3403648?
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[–] [deleted] ago
[–] 20367178? 0 points 1 point 1 point (+1|-0) ago (edited ago)
That depends. Are we accounting for the trade spread when we buy, or are we pretending it doesn't exist?
What actually costs you money? - the trade spread, or the premium?
If you want to manufacture tooth fillings, buy 24kt generic.
If you want to invest - that is, if you are buying for future resale value: then US Gold Eagles (random year) are the best deal.
If you don't believe me, go study the market. Call around, find out what they actually buy back these products for.
[–] [deleted] ago