I just recently brought 2 bars of gold. Now my question is If gold goes up to $800 can i sell it and make a profit?
2006-08-10 07:20:21 · 8 answers · asked by TNA Ambassador 6 in Business & Finance ➔ Investing
Great!!!!!!Now you have a collectors item that's worth the going price of gold. If you want to own gold, try G,GG,ABX,K,KGC,CG. You'll do much better.
2006-08-10 07:37:10 · answer #1 · answered by Dean B 3 · 0⤊ 0⤋
Try Gemmark refining you can sell it there . Problem is you lose %5 so @ 800 you get $760 by the time you ship it regeister mail another $10 bucks . If your going to buy gold buy it in the gold ETF. Anyway gold @ 800 who knows it could hit $500 just as quick . Good luck on it
2006-08-10 21:09:43 · answer #2 · answered by Chris N 2 · 0⤊ 0⤋
Where did you bring them from?
If the price goes to $800 you can sell them (in fact, you can sell them even if it doesn't). If you sell them for a higher price than you paid for them -- well then, you will make a profit.
2006-08-10 21:34:53 · answer #3 · answered by Ranto 7 · 0⤊ 0⤋
ya how much did u get the bar for if 800 is more than ya ull get more profit
2006-08-10 14:25:57 · answer #4 · answered by smoker_420 3 · 0⤊ 0⤋
If you bought it for less than 800$.
2006-08-10 14:25:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I would keep quiet if I were you.
The police are watching this site and they have ways to trace you, chum.
2006-08-10 19:02:38 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Isn't it illegal to own gold bars?
2006-08-10 14:25:49 · answer #7 · answered by P-ism 1 · 0⤊ 0⤋
Where did you bring it?
2006-08-10 16:05:07 · answer #8 · answered by phaldo 2 · 0⤊ 0⤋