Top 10 online gold sellers all out of stock of gold maple leaves

Discussion in 'Economics & Trade' started by modernpaladin, Mar 25, 2020.

  1. modernpaladin

    modernpaladin Well-Known Member Donor

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    I like to buy the .9999 1/10 oz Canadian Mint gold maple leaf. Its pure, its standard, it known, and it small enough to be traded for smallish purchases.

    All 10 of the most well known and respected of online gold sellers are out of stock of gold maple leaves.

    And yet gold prices are not really rising that much.

    What would cause this? I would think that if people are buying a lot more gold, the price would go up a lot...
     
    Last edited: Mar 25, 2020
  2. Rush_is_Right

    Rush_is_Right Well-Known Member

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    I never understood these gold commercials. Gold is going to go up! Yea? Then why do you want to sell it to me?
     
  3. modernpaladin

    modernpaladin Well-Known Member Donor

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    They're hoping you'll sell it back to one of their sister companies advertising 'we buy gold!' for half its value when you get in a pinch, so they can get it back and sell it to someone else who'll sell it back to them again, and so on and so forth.

    They always sell at like +10% or so of the market price, so they make a faster profit off it than holding it and waiting for the odd hyperinflation.
     
    Last edited: Mar 25, 2020
  4. Quadhole

    Quadhole Well-Known Member

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    Good idea, but the premium you pay is high on 1/10. Say today it is 1500.00/oz A maple leaf 1 oz might cost ya 1600.00. do it in 1/10s and you will pay 1800.00 by the time you get 10.
    There will never be a day where you pay with coins. AKA market, dollar complete collapse and we are all barter system. Those days are gone, even in worst situation the Govt. will have control. You can always sell an ounce, get WHATEVER means of FIAT we are using at the time and buy with it...

    I bought a lot of both silver and GOLD between 2014 - 2017. Just sitting tight now swing trading GOLD Canadian stocks. Seem they are attached to our ETFs and go up 20- 40% and down the same every few weeks. Bonanza
     
  5. Quadhole

    Quadhole Well-Known Member

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    To make money, just like any business. the 3% markup. It is no GAME, or scam. It is the only real value or way to save your money.
    Of course the Zionist wallstreet and Banksters want all your money in the stock market or the scam fiat dollar. Thus they pay trolls to post accordingly.
     
  6. modernpaladin

    modernpaladin Well-Known Member Donor

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    Tis true that my returns will be smaller. But there is a market for tradeable gold, at least around where I live. A shiny gold coin has the 'glint value' that I've found can be a dealmaker on its own.

    But realistically, Im not so much investing in gold as I am saving in gold.
     
    Last edited: Mar 26, 2020

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