I hope to be getting some fiat in the near future and was wondering what everybody thinks about buying bullion. We all think we know about gold and silver but what about tin. I can get 3kg tin 99.9 bars at spot, $1per oz those that have been around will remember silver at$4-5 or should I not spread the risk and stay with gold and silver. It's just a spec on the tin.
Personally id keep away from base metal bullion, its a bit of a gimmick. I had researched getting into copper bullion but it was too expensive. If you want to ride tin's price increases then invest in some tin producers.
I dunno being able to buy at spot cant be a bad thing. The problem ive noticed is base metals are hard to get under or at spot.
I agree I have seen on feepay 1/2 Troy pound for $50 or 2 and 3 oz bars at $10 per oz. What I can get is 200 kgs for $34 per kg in 3 kg bars. The question is how liquid is it?
It would be interesting to see how much tungsten the drillers and miners are using up, in order to mine tungsten. It must take an enormous amount of tungsten to drill the millions of kilometers that get drilled every year. And I'm sure the high end fake gold bar industry is doing a roaring trade.
I dont know if it would be a super high amount. They use diamond drills when drilling and most of the mining would take place with explosives.
I would love to get in on this deal if possible. Would not mind 33 of those bars. Do you know what they look like ?
We have had Aluminium bars ( pretty large ones too ) sell for above spot. If you can get 0.995 or higher purity metal ( any metal !! ) and pay spot for it - than buy it. ps. I Offer $50 for 1kg tin bar that you may get when you have taken delivery. thats regards the liquidity.
I am meeting them next week, will take photos of bars and see paperwork. I will let everybody know what happens. Supply looks to be good.
