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Where do people who sell gold on ebay get it from?
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Question by harkkam: Where do people who sell gold on ebay get it from?
People on ebay are selling gold at less than spot value, where are they buying there gold from.
I want to start a business on ebay like a few people have, but I cant find any dealer that would sell it to me for less than market price. Am i not looking hard enough?
Or did those people just buy lots of gold and wait for the price of gold to go up?
Best answer:
Answer by cortical contusion
“All that glitters is not gold.”
Sometimes what may look like a good deal may not be, or maybe it is, but if they’re selling it on the cheap, why aren’t investors picking it up ?
Ebay is a computer game. Vendors can place bids for their own merchandise by using alias names and accounts, so if you don’t know the value of what you’re buying – or who you’re buying it from, I suggest you stay away.
If you’re in it for your own business, then I suggest contacting Ebay for a small business start up kit OR you could actually request information on the companies making such claims.
Good Luck!
For more information please visit any of the sites directly below…
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The people who are selling gold on e-bay at less-than-spot prices are either selling something that is not truly gold, or they bought it when gold was cheaper than it is, now.
Gold has gone up an AVERAGE of more than 13% per year, over the last SEVERAL years. In fact, it’s gone up by about 20%, just since this time, last year. With the world economic situation being what it is, today, many people expect that the price of gold will continue to rise.
probably isnt real gold or it isnt as pure as they claim. they’d be stupid to sell it at the low ebay prices