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Title: Spot Post by: RED-DOG on November 13, 2016, 01:50:03 PM When I want to buy or sell dollars or Euros I can usually find someone on here to do a deal at spot. Poker players often have various currency available and a few k changing hands doesn't faze anyone.
So I decided I might want to buy some krugerrands but it irks me to think I will have to pay a premium and then pay again when I sell them. Do ordinary punters buy/sell this sort of thing at spot? Title: Re: Spot Post by: doubleup on November 13, 2016, 02:49:00 PM I think you pay a premium for gold to ensure that it isn't foil wrapped chocolate.
btw I think you would be better off asking such Q?s in richbastards.com/forum.php where the topics of the day are "where can you get a reliable butler", "help! bought a castle, but the moat leaks" etc Title: Re: Spot Post by: byronkincaid on November 14, 2016, 09:40:18 PM You can buy and sell at spot if you get an ETC but obviously you don't get to play with the shiny coins. Don't have to worry about them getting lost or stolen either of course.
http://www.hl.co.uk/shares/shares-search-results/i/ishares-physical-metals-physical-gold-etc http://monevator.com/how-gold-is-taxed/ Title: Re: Spot Post by: RED-DOG on November 15, 2016, 12:23:58 PM You can buy and sell at spot if you get an ETC but obviously you don't get to play with the shiny coins. Don't have to worry about them getting lost or stolen either of course. http://www.hl.co.uk/shares/shares-search-results/i/ishares-physical-metals-physical-gold-etc http://monevator.com/how-gold-is-taxed/ Thank you. The second link was really informative. |