Question:

How do i trade silver and gold to other countrys???

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How do i trade silver and gold to other countrys???

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  1. why would you want to do that? - any profits would be eaten up by shipping and insurance costs


  2. Why would you want to?  Gold sells for the same price around the world, allowing for different currencies.  Otherwise traders would buy wherever it's cheapest and sell wherever it's most expensive.   The shipping and customs fees will kill your trade.  

    Get a partner in the other country.  Sell the gold or silver here, wire him the money, and have the partner buy it there.  Voila!

    If you are trying to beat the bid/ask point spread, forget it.  You might come out ahead during currency devaluations, but you could lose your shirt, too.

    Grandpa

  3. Are you stock piling this in your basement?  If you are looking to invest in gold or silver go with ETFs.  

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