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Old 10-04-2011, 02:36 PM  
Choker
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Join Date: Apr 2001
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Quote:
Originally Posted by ******* View Post
Yep, the physical market is way out of whack compared to the paper market. There is no doubt about that.
Very very true. Dealer of mine picked up a bunch of half ounce proof coins this morning for 850 each. Called me and offered them to me for 875 each. But from the time he bought them till he called me gold had dropped like 60 bucks. In my opinion they are worth 10% at most above spot. But he will get 900 for them easy at his shop. From what I can see nobody is selling for less than 15 or 10% above spot, if you can find anyone willing to sell that is.
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