Quote:
Originally Posted by RummyBoy
Excellent insurance for when the shit hits the fan and great timing as both Gold and Silver are now selling at below the cost of production which should seriously limit the downside risk. I suggest go with a well established company rather than local:
Scottsdale Mint (they accept Paypal)
The United States Mint |
Selling below cost of production at 1170 $ per oz? Also, the price of gold also determines worthwhile digging sites and methods, just like with the oil.
As gold is highly speculative commodity, there is always market risk.