Loading ...If they sell to you at $90, the price might be $94 before they can replenish – or they buy at $90 and it drops to $85 before they sell. Novices will fall for this. But as a friend replied to the cop’s question of “Do you have a good reason for exceeding the speed limit?” with “No officer, there are never good reasons for exceeding the speed limit, just bad excuses.” I feel the dealers are capitalising on the fact that it’s a one way journey. Any drop after buying is temporary, and, in any case, if you are buying and selling all the time the margin fluctuations cancel each other out. Maybe time to become a bullion dealer. 20% here we come!!
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