Back in the mid 80's to 1999 I owned several Jewelry shops that bought scrap gold, silver and diamonds from the public. Very profitable business to say the least as I bought the metals many times at a quater of scrap price. To settle a nasty divorce in 99, I sold the stores. If I would have only known!
Back then, of course Gold was trading mostly in the high 200's to low 300's per oz, occasionally flirted with 400.With the price of gold today the profits would be incredible in a store like the ones I owned. The only problem is that I would need an investment partner to open a store(s). I have the experience, the contacts and some equiptment to get started.
I think there is a fortune to be made at the metals prices of late and if they go higher ...look out!
If anyone has an interest in this concept I'd love to hear from you. The possibility of even starting an investment group and open many stores is a thought that has crossed my mind as well. There are other way to buy from the public as well, website, TV & Radio commercials, or even travel to hotels in various cities.
Private message me if you would like to discuss any possibilities over the phone or even have a meeting face to face.
Best Regards,
Jeff