Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
Premium, which you may not be aware of if you've never done it,
will always apply when purchasing precious metals it's just what it sounds like it is an amount of money you are being requested and required to pay above and beyond the so-called spot price of said you can never buy at spot it's i would say nigh impossible how much premium
And it varies from different shops online.
There's some precious metal shops, probably locally in your town that you might get a better deal and you strike a relationship with them and do repeat business with them.
And sometimes they'll offer you some kind of a deal like,
you have some gold, you want to trade the gold for silver, for example, and then just kind of arbitrage them.
They might offer that and then say, okay, we'll throw in a two ounce or something.
So that's the thing to start is find a local precious metal shop.
Don't do the online.
Find a local one.
Let them know, you know, you're trying to get in there.
You're trying to learn more about how this works and you don't want to get ripped off.
So you figured you'd come local.
What do you have to offer?
If it's just Fiat, it's just Fiat.
That's fine.
Start small.
Don't overdo it.
And please do not YOLO into it just because you're seeing green candles.
You're going to have some dips.