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The Water Cooler
General Discussion
Anyone riding the Silver/Gold train?
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<blockquote data-quote="John6185" data-source="post: 3570339" data-attributes="member: 25679"><p>. </p><p>You have to have an appointment to sell and they have guards nearby watching. There is no storefront, just the APMEX webpage. It's downtown OKC and very secure. Send them a box of gold and they have several people that review it, catalog and document what's in the box and they'll either send you a check for the value or do a bank deposit which is quicker. One you tell them what you have, they'll quote you a price based on that day's gold value. If gold goes up you lose since you're locked in-but if it goes down you're ahead. Kind of like buying a house and you lock in a finance rate and if it goes up you've got less interest to pay on your note.</p></blockquote><p></p>
[QUOTE="John6185, post: 3570339, member: 25679"] . You have to have an appointment to sell and they have guards nearby watching. There is no storefront, just the APMEX webpage. It's downtown OKC and very secure. Send them a box of gold and they have several people that review it, catalog and document what's in the box and they'll either send you a check for the value or do a bank deposit which is quicker. One you tell them what you have, they'll quote you a price based on that day's gold value. If gold goes up you lose since you're locked in-but if it goes down you're ahead. Kind of like buying a house and you lock in a finance rate and if it goes up you've got less interest to pay on your note. [/QUOTE]
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Anyone riding the Silver/Gold train?
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