How is it that gold keeps going up but silver is going DOWN????
This sh*t is so rigged.
People like me who bought too early (and bought 'collectible coins') got f*cked.
For all of you Christian pod-casters who push buying gold & silver why don't you 'suggest' to people to stick with regular coins or bars?
I lost soooo much because I didn't have a clue. I just bought what looked pretty not realizing when you SELL, the dealer doesn't give a crap. He's going to offer BELOW spot price by weight. The only exception seems to be U.S. Lady Liberty coins.
It's really bad because people like me who have very little money to begin with cannot afford to take a loss. I bought most of my stuff when the silver market was high, so now that I keep having to sell to survive I'm losing so much (e.g. bought at $45 for a 1 oz decorative round but if I sell I'll be lucky to get $28 oz. Another example- bought a 2 oz collectible Skull in wooden box for $75.00 but the dealer doesn't even want it because it's not a coin, so he'll offer $50 if I'm lucky).
The other problem was I bought way too early. Every day all I would hear is "the collapse is imminent' from every pod-caster and 'financial expert', but month by month nothing happened, so now I've already sold most of what I had (at a loss) just to survive.
When this collapse ever comes (IF IT EVER DOES) all the prep work I did meant NOTHING. I have almost nothing left. I'll be in with all the people who did not prepare at all.
@OceanBlue All markets are rigged and their are no good investments out there in this environment. The problem is not the gold and silver you own. Keep working on the problem and try and find the right buyer if you have to sell. Best Wishes.