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How to Buy Gold Through Your PayPal Account
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Apmex CEO Michael Haynes on investing in gold.
- Duration 3:11
- Date Feb 18, 2013
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Apmex CEO Michael Haynes on investing in gold.
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I was stocks hovering near multi year highs meantime gold price is down big -- dropping more than 10% since hitting its highs back in October off to some major investors have pulled out.
But our next guest aspect app back CEO Michael -- says.
Now is a good time to buy on the dip in his company can help you in -- and Michael thank you so much for being here.
Com -- not looking back ETFs buying shares in gold mines were talking about this is the original pull -- a real thinking -- here.
That's our friends -- Well according to research that we have up over 50% of the American public -- lot thinks gold and silver is a good investment.
But they don't exactly know where to go to get it's -- brands that.
-- leave -- makes millions here and even I can you now can go to this sixty billion dollar public company.
And by -- physical.
Gold and -- PayPal account you through your PayPal account in fact I think that's exactly how they do it.
And we've even opened it up not just -- -- one ounce American coins like you see here -- the one ounce gold.
But we even that had a together even a starter kit where you can get.
This little five gram bar okay hit quite get up to the one ounce coin you can get the five gram bar so that that going.
That being -- outstripped roughly worth about 16117100.
Hours today brightened my grammar and the programme details about 280 dollars again you can find he's right there at eBay dot com slash -- -- On -- when you buy physical gold you'd generally buys it retail putts prices but then sell it wholesale and it can be quite a big difference there and I can be a bit of a shock for those -- like to physically have goal actually it's interesting that -- -- -- on physical precious -- only about 4%.
Between four and eight present riding upon what it is -- a very tight market which is one reason why we've put together this special deal with he between -- -- at -- on the -- -- -- there anybody -- -- both -- -- -- on the -- relatively -- -- -- the physical product delivered right to your -- we've been in -- basically a decade long bull market for -- you concerned that -- starting to see -- head back in the opposite -- well I think you know we don't we don't work -- day traders -- are the customers like many -- -- years you have here.
Or more interest in a hole in this for the long term.
Yeah and so they see this is a multi decade hold men are not people you talk to him all the time right here he just pointed out that the US debt to GDP ratios ridiculous.
And we're not getting out of that anytime soon.
And the American people they are very Smart.
They realize that we in the United States and throughout the world there's a very serious economic crisis we've never been here before.
We need something that's gonna carry us through that.
And this is part of that allocation so when you buy these don't forget insurance -- a very secure volt we've got to got -- we can help every one I got.
But these -- for themselves.
At the pat makes millions in her -- -- back Michael Haynes at Mac's CEO thank you so much for being glad to be with you have a 100000 dollars with the -- on the settlement and items such a parent I'm thinking college college can't happen if --