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Depends on where and how much. Most private investors simply buy what they can when spot prices are low and hold as long term way of storing their wealth.

In many cities, the governments are licensing, taxing, controlling and fining people who buy and sell precious metals. For example, in Madison Wisconsin, it's a big deal and quite expensive...

http://www.cityofmadison.com/clerk/secondhandDealer.cfm

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11y ago
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11y ago

yes i would like to open store in pa and buy and sell gold and silver

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Q: Do you need a license to sell silver and gold?
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