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Message Subject
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SUN JAN 23 - MON JAN 24 === GOLD AND SILVER STARTING THE WEEK OPENING UP For a change.
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Poster Handle
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Anonymous Coward |
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I just got a letter from the people who bought my silver for me and they recommend taking 1/2 of my silver American Eagles and buying gold American coins.
excerpt: We believe it is a good time to lock in some of the silver gains and diversify at least half of your silver IRA into gold as gold has established itself as the premier World Currency. This will still allow you to maintain a good silver position, but move some of your profits into gold as it has been less volatile in price swings. end of excerpt
The thing is, they recommended silver in the first place to avoid a possible scenario where Gold would be confiscated by the Gov.
They didn't say how much they would charge for doing that but if they sell some for me, they get 3 percent which they say they earn by scouting around for the best deals.
At the moment, I'm leaning against doing it. Thoughts, anyone?
GG
Quoting: Great Grandmaclassic. they call it churning. they move you from silver to gold, gold to platinum, platinum to gold numismatics then to bullion. the end result will be they get lots of your money from fees and or commissions while your ounces of metal slowly melt away. by the time you are churned back to silver and realize you now have fewer ounces than you started with it will be too late. those are the types of companies your want to stay far far away from.
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