I want to buy for my IRA 30 pieces of gold coins. Spot is $1,312 each and the company wants NOT considering storage $1,416 or say 8% up front. That boils down to costing 104.93 profit per coin for the company. This is not a school problem. In fact the price quoted me and before I agreed to it was more like $45,000. Good deal or better ones out there? Have not purchased it as yet.
1,312 x 1.08 = 1,416 x 30 = $42,508
Just ran this for coins instead of spot value upping value $50.00
1362 X 1.08 = 1470.96 x 30 = $44,128.80