buying gold now?

[mugsisme]

I found a 13 gram pendant in a thrift store for $240. I have a 20% off coupon, which drops it down to $200. Spot is around $260.

Is it worth it to buy it and put it way for when gold goes back up? I can't sell it as is, because it is missing one of the stones. (It doesn't have a lot of stones, only a few.) I don't recognize the hallmark.

 

[usandthem]

If someone can sell it to you, you can sell it to someone else.

 

[gordonquixote]

You can sell it for 98% of spot to ARA?

 

[lastleg]

That would be good for a few chuckles.

 

[mugsisme]

I bought it and traded it at the jeweler for something I wanted. Got $40 in the deal. Not great, but something

 

[fistfulladirt]

I have bought a little in the past, but not jewelry. There's plenty of gold, and it just keeps getting cheaper.

 

[GA_Boy]

I have bought a little in the past, but not jewelry. There's plenty of gold, and it just keeps getting cheaper.

Almost all metals dropped today. Soon-------"It will be buying time again".