Silver or copper are better than gold.

Reader comment on: Weiner, Waxman Set Gold Hearing
in response to reader comment: Ownership of gold

Submitted by Lyle (United States), Sep 16, 2010 22:27

They are less overhyped and actually have some uses. Now of course we have seen the effects of a bubble in silver after the Hunt brothers failed corner, as we saw in 1907 on copper.

Anyway if you have to advertise something someone is making a fairly large margin on it, implying there is a high private transfer tax (commission both ways) on the transaction. I suspect with these folks the transfer tax is like that on Jewelery where the purchase back price is like 40% of the retail price. (Not exactly a great investment)


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Title By Date
Question
[w/response] [13 words]
LeslieSep 23, 2010 15:59
No Surprise [76 words]T.DonaldsonSep 23, 2010 10:56
Not about gold ownership [45 words]VeldrinSep 20, 2010 14:58
Relax [63 words]FabianSep 17, 2010 17:28
Ownership of gold [110 words]J.JohnsonSep 16, 2010 17:05
Is the glass half full? [8 words]DonMSep 16, 2010 19:48
⇒ Silver or copper are better than gold. [95 words]LyleSep 16, 2010 22:27
profit margin [190 words]A businessman in the real worldSep 17, 2010 01:46
gold confiscation antidote? [87 words]SIDSep 17, 2010 18:27
A dress rehearsal? [202 words]JoeSep 20, 2010 16:00

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