IT IS IN YOUR BEST INTEREST TO PURCHASE
GOLD AND SILVER FROM EL DORADO GOLD!
Why? The bottom line is price! At El Dorado Discount Gold we keep prices appreciably lower than our competition. How is this possible?
There are a large number of very fine companies seeking to sell you gold or silver, and hopefully, establish a permanent client-dealer relationship. One that is profitable for both parties.
These various gold and silver dealers advertise heavily on radio and the world wide web. You've probably seen and heard their commercials yourself. We all have one thing in common: We purchase our coins from the same "wholesale dealers," and our cost basis is the same on any given day for the like product.
Where we differ is the mark-up or commission that we charge our clients.
The large firms employ commission sales persons. These sales people earn commissions of between 7% to 10% of the retail price you spend. Advertising is a major overhead expenditure as well as the usual rent and payroll burdens. It goes without saying that the owner is entitled to a profit. A free enterprise society is the bedrock of our economy and Republic.
The above mentioned factors is why the larger firms you see and hear through various advertising mediums, must charge, on average, a commission of between 25% to 35%.
What this means to your pocket book is that if you were to purchase $10,000.00 of precious metals, which included a commission fee of 30%, and if the price remained unchanged and you had to sell, you would receive $7,000.00 for your investment.
Or, to put it another way, for you to make a profit, the price of gold would have to rise 30%.
The price of gold on January 2, 2002 was $278.00. It ended the year at $346.00 on December 31, 2002 for a gain of 24.4%. Were you to have paid a high commission fee, it would be possible to be in the red in an otherwise outstanding year!
If you seek to purchase gold and/or silver, El Dorado Gold is the place to make that investment. If you are unsure about this kind of investment, give me a call and I will be pleased to assist you in understanding why buying gold or silver is a wise move.
If you are still invested in the stock market, you will see sharply lower prices. If you are a realist you know that business is bad and will get worse. The only bright spot will be gold. People will soon realize what real money is. And contrary to current thoughts, it's not worthless paper.
Eric Levenson, General Manager
eric@eldoradogold.net