RE:FR Bullion store - Ripping physical Investors OFF!!Question for you Oldfx1:
The way I understand it, the bullion stores right now are charging big premiums because people are paying for them. Supply and demand, correct me if I'm wrong? Do you think there could come a time where the paper price does not reflect the physical price anymore? You seem like a smart guy, I'm just wondering what your take is on all of this. I'm new here, and I've been stacking some physical Gold and Silver, not for investment but simply as an insurance policy, that if currency goes to the dumps, hopefully I can feed my 7 and 3 year old and wife and help out my parents and sisters and in-laws who are to busy thinking everything is great and the government will help them if dooms day comes. I also own real estate, which is my favorite investment. I own stocks but consider that gambling, and I'm ok with losing everything on stock market.