Where Is the best place to sell gold ... I have some fine gold wafers that I think I want to cash out any thoughts???
Thanks in advance
this is similar to those I have
Where Is the best place to sell gold ... I have some fine gold wafers that I think I want to cash out any thoughts???
Thanks in advance
But whether Fort Knox or NYC- the supposed US Government bullion isnt (?) there.Most of it isn't. I think their biggest depositary is actually the Reserve in New York. I read that somewhere. Wait, I'll Google it: http://www.waymarking.com/waymarks/WM5PEH_United_States_Gold_Depository_Fort_Knox_Kentucky
I was right. Fort Knox is second to New York. But Fort Knox now has a Tim Horton's: http://www.canada.com/news/Hortons+strikes+gold+opens+Fort+Knox/2095941/story.html
Anyway, back on topic, there's a great article on gold in the Star a couple of months ago, and that the value is near it's last peak in the latest cycle, so be careful thinking it's going to keep rising. http://www.thestar.com/comment/article/694615
Scotiabank (actually a subsidiary called Scotia Mocatta) has a desk in thethis is similar to those I have
In all fairness, even though I know the value of an ounce of gold, I probably would not entertain an offer from some random guy off the street. My first instinct would be "This guy is wants to know if I have $50 in my pocket, so he can rob me." I wouldn't be surprised if most of the ppl in the video were thinking the same.Here is a classic video about what most people know about gold:
http://www.youtube.com/SchiffReport#p/a/f/1/Gk5aRIz17fk
I'm sorry I have to dissagree, all other materials have an undesireable characteristic. Take a look at an household receptacle for sale in walmat, you will notice the contacts are gold plated. This is an example of a very low tech item, literally all electronics extensively uses gold.I have not kept up to date with techno, but while gold is VERY good for the uses you describe, there are others things that work almost as well and cheaper.
Historically, gold is only used for HIGH value projects (i.e. NASA)
There is simply isnt enough platinum for use as money (and IT is needed for industry), and silver is just to bulky (and it tarnishes).
For those who want to learn:I'm sorry I have to dissagree, all other materials have an undesireable characteristic. Take a look at an household receptacle for sale in Walmart, you will notice the contacts are gold plated. This is an example of a very low tech item, literally all electronics extensively uses gold.
I never trade commodities.Sounds like you sold your gold at $250.
LOL - I wouldn't either if I had sold Gold at $250!I never trade commodities.