Is this a legal loophole where you can con this boullion mint for FREE $?
Ok look their sell price per silver Oz is currently 18.20 max....(they ONLY charge spot prices no extra fees, I don't know what the "our sell price" is even there for...) But their Buy price is currently 18.67 !?
http://bullion.nwtmint.com/silver_mapleleaf.php
so then even if you bought and sold silver at the same exact price you still make $0.40 per every $18.60 invested per every transaction...so if you play with $5000, after 10 round-trip transactions you'll have well over $1000 and the price doesn't even have to go up. Am i dreaming?
i know NW territorial mint is legit, their boullion is insured too
I use kitco's charts all the time
Sounds too good to be true and probably is!
I would recommend buying from a more reputable site.
Try Kitco
http://www.kitco.com
Did a double check. It's an issue of misinformation. That's the spot price of silver in bar form. The buying price you're looking at is for silver Maples out of Canada they buy for slightly higher due to minting costs.
Look at the selling price of Maples not the spot price of bars.
P.S. If you're looking for just an investment in silver buy bars the coins are not worth the extra costs unless you are buying Proofs or BU(Brilliant Uncirculated) for numismatic value. Otherwise silver is silver.
I do find however that the Walking Liberty (US) and the Britannia (UK) are the prettiest of collectible bullion coins.
|
US $44.95
