American N.
YOU'RE BETTER OFF SCRAPING.
I decided to buy some gold, silver & copper & read how great they are. I bought about $1100 worth of gold, silver & copper. Since then gold has gone up almost $500, and silver about $10-$12. I then bought copper after reading what they said about it being a smart investment & spent about $115. Recently I went to see just how much I could get for it seeing as how the price has skyrocketed, and if I were to sell it all I'd be at a loss for over $300! The copper was a scam. I bought 60 bars for $115 thinking they were cheap at $1.85 a piece. Well, no matter how much it goes up they'll give me $.80 for them a piece for a total of $48. The SECOND I purchased it it lost it's value by a $1.05. so I paid $32 a pound! Great investment if losing money is your goal. Instantly worthless as soon as you pay for it. The only with a buyback that is close, or at one point just a little above the sell price, is the junk silver. Not the shiny gold bars, or silver bars, nope. The junk silver. I have a 100 gram silver bar that is worth $30 LESS than I paid. The gold, and the goldbacks are at a loss. I didn't really buy any of it in hopes of making money, and bought it for when the SHTF, but it has & I need some money. Unfortunately, I fell for their scam & ended up completely screwed. I can't even imagine how much it would need to go up before I actually got anything close to what I paid for it. The copper NEVER goes up. Well, it does, but they won't give you any more for it than $.80 a bar. They must make a killing scamming millions of people into stupidly buying metals thinking it's a good idea. I've made more money scraping metals than I have buying it & hoping it appreciates. I guess it's like every other investment out there. If you are a part of the "club" you can get it for dirt-cheap & make a ton of money, as long as you're in-the-know. A regular joe will lose money. If I bought ANYTHING else its price rose almost $500 that would be a good thing, and I'd have made some pretty good money off it. Not "precious" metals. I've written them & have received no response. Where I come from that's called a scam. They say they are one of the cheapest, but they are selling it to you for possible future prices like Coinbase does when you buy crypto. That way even if it goes up you still don't make anything off it. I bought gold for $156 a bar, and even though the price has risen by almost $500, I will only get $122. That's a scam. I can't even imagine what it would have to reach before I finally make something. Watch out, and stay away. If you buy from them now you'll probably be paying a future price of $3,500 an oz. It's the only explanation as to how I'm still at a loss. No returns, no cancellations, no response to emails. Now I know why.