WHY TO STAY AWAY FROM BUYING GOLD COINS!

http://www.ScrapGoldBusinessSchool.com

NOTE: THIS IS NOT A GOLD INVESTING VIDEO.

Being in the scrap gold and silver business is much more than just buying scrap gold and silver.

Here we look at the pitfalls of the short-term buying (not investing) of numismatic, semi-numismatic, certified and un-certified gold coins and bullion.

Category:

Education

Tags:

• investing
• gold
• silver
• numismatic
• seminumismatic
• buying
• selling
• coins
• bullion
• shiff
• peter
• davancij15
• donnarrold
• drutter
• endlessmountain
• business
• scrap
• avoid
• start
• new
• learning
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• and
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• golde

[ScrapGoldExpert]

They can be very profitable. The most money I ever made on a single coin was a slabbed 1804 $5 classic MS68 But then again, I held the coin for about 8yrs.

[ScrapGoldBusiness]

@ScrapGoldExpert

HOW MUCH DID YOU MAKE MARTIN?

HAPPY NEW YEAR!

GREG

[AHrudyNowYaSudy]

the dollar and the euro is gonna die, so its better to have gold and silver to convert to the whatever new currency is made, they can drop the prices back to 250/350 an ounce for gold and whatever it was for silver, the point is better to end up with something than lose all your money by not buying gold/silver, what sense does it make to keep all your shitty euros or dollars and end up pennyless, there is no bad reason to buy gold or silver only good.

[ScrapGoldBusiness]

@AHrudyNowYaSudy

AMEN BROTHER!!

GREG

[JP5466]

I bought lots of silver at $8, 10 and 12. Now it's almost $30. I sleep well at night.

[masterpatric07]

you can not eat gold,right,but if you are smart ,you should not stay in america for when everything collapses,and then you cash your assets in a foreign country where food is real and the cost of living is way cheaper and live like a king,but americans are pussies think the world is all war and against them.open your eyes

[ListWritingMachine]

@ScrapGoldBusiness Your talking to yourself?

[MrNopehaha]

@girlie347 I like how you can make up your own figures out of thin air, you should work for the central bank. 0.00001 rofl!

[girlie347]

@MrNopehaha also gold was almost $1900 summer 2011 and then dropped to $1550 late 2011. The gold has been going up because of the euro crisis, which is almost over. When its over gold might drop to $1200

Besides, buying gold because of stories of an economical armageddon is foolish. Why invest because of something that has a 0.00001% chance of happening ? That's foolish.

[ALPHATHEAWESOME]

at about 2:20 did u say "silver eagle"?

[Radmann916]

people don't buy 100K worth in one shot, you invest in gold by buying a little here and a little there so even if after 10 years the price drops you're still ahead. Nothing beats gold, I will pay every paper bill I can find in exchange for some gold. Gold isn't to MAKE money, you buy gold to keep the value of your money. I started my gold collection 15 years ago and now I can retire at 35 y.o. lol

[Keemm89]

@vascidcorp wow thank you!!!! xD huge relief!!!

[vascidcorp]

@Keemm89

pure gold is soft. You can dent it with your thumbnail. All of those images you see where people are biting gold are testing it to see if it indents. Of course, gold plated lead will indent as well, but the plate sheds at that point as well. So, your bullion is likely pure and good.

[Tzstep]

if it's 8 bucks an ounce-buy! if it's 50 bucks an ounce-buy! buy up, buy down! sell your garbage, sell your blood, just buy!

[Keemm89]

I bought Johnson Matthey gold bullions and... I was playing with it and it got bent!?!?!

is my gold fake!?!?

[ovechkin100]

omgggg!! if silver went down to $8 i would sell everything and live in a card board box on the street so i could get as much silver as possible : D!!