Talk of The Villages Florida

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-   Investment Talk (https://www.talkofthevillages.com/forums/investment-talk-158/)
-   -   Silver Investment Ad (https://www.talkofthevillages.com/forums/investment-talk-158/silver-investment-ad-310471/)

William S. Cook 08-28-2020 09:36 AM

Spot price is for a large silver bar
 
Not sure which but spot price is if purchasing a 1,000 oz or a 10,000 oz transaction otherwise there is a premium for the reduction in size and processing.
William S. Cook

Dana1963 08-28-2020 02:00 PM

Quote:

Originally Posted by bobnyce (Post 1823761)
Did anyone else read the ad for buying silver in the Daily Sun the other day? If so, please note that the .5 oz. bars were apparently selling at $29 which is almost twice the price of silver rounds if I read the ad correctly.

The weight of the Florida bars was buried in the text of the article and I only realized that the price was twice that of one ounce of silver after I took the time to look it up. Buyer beware!

Peanuts when it comes to this
“ A Villager named in a Securities and Exchange Commission emergency action is reportedly reaching out to investors again.

John Gissas of Retirement Evolution Group LLC of Wildwood is accused of raising money for Par Funding, whose owners made “opportunistic loans” to small business owners across America – some at interest rates as high as 400 percent, according to the SEC filing. Gissas has raised more than $5.4 million from at least 62 investors for Par Funding through the offer and sale of promissory notes. Gissas, who lives in the Village of Gilchrist, is among numerous defendants named in the SEC filing.”

Dana1963 08-28-2020 03:47 PM

52 week low for Silver was $11.52 we are at the highs now the same people asking you to buy bought at the lows, there is one born every minute.

Kerry Azz 08-28-2020 04:12 PM

The Daily Sun is it a newspaper by any means, Just a local rag!
 
Quote:

Originally Posted by Dana1963 (Post 1823800)
Newspapers print the add submitted by the seller it’s not up to them to do investment research. As you said BUYER BEWARE

Junk news at its worst:boom:

rjm1cc 08-28-2020 09:03 PM

Quote:

Originally Posted by Stu from NYC (Post 1823775)
Amazing how newspaper run adds that are such bad deals for their customers.

Our company owned a few newspapers. We had a roofer who ran adds under two or three names in the classified section. We actually ran a warning at the top of the add page. Guess people did not read it as they advertised for years.

chrissy2231 08-28-2020 09:41 PM

Gold & Silver need to be purchased through a reputable company. I don't know how a buyer can determine the quality and worth, then find a buyer when selling. ETF's must be easier.

Doctorcrime 08-29-2020 08:36 AM

$ 1964.30/oz .. gold..there is nothing like it.


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