◆ Gold and Silver Coin and Bar Premiums – What Is Happening? GoldCore Live Video Update ◆ Premiums are higher on gold and silver coins and bars, both when you buy and when you sell, and may stay higher in the “new normal.” ◆ Bullion coin and bar premiums are not commissions and brokers only make a small component of the premium in what is a very low margin business. ◆ Beware of aggressive pricing strategies on coins and bars and always focus on getting value with regard to premiums. ◆ GoldCore.com remains open for business and when they become available we are buying coins and bars from our government mint and large refinery suppliers and from our clients. While premiums have surged, we have kept our premiums very competitive. We are paying 1.5% over spot gold to clients for gold kilo bars and higher premiums for smaller bars and bullion coins (1 oz). ◆ We are only selling to clients who have cleared funds on account and are on our Buyers List as we simply cannot meet the demand we are experiencing. ◆ Mike Clarke (RIP) was a leading expert on gold and silver bullion and markets and was a consultant and wrote many articles to for us which explain premiums etc very well. See here https://safehaven.com/contributors/mike-clark ◆ Open an account with GoldCore here: https://myaccount.goldcore.com/flow/register/account ◆ Be well! We got this! All the best from Stephen, Mark and the Team |
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