Kitco policy change

[tebam11]

I have a pool account I statrted last year just practice trade. Didn't cost anything. Now, I get an email that as of Feb. 3 a 15 dollar charge on transactions. Leats that is how I understand it. I sold all the oz's I had today to avoid the charges. Anyone else have an account there and see it this way too????

[myfundsarelow]

you sure can buy a lot of cents with the money they want to charge, they charge you coming in and going out , if you have to sell maybe when the price drops you are stuck with big charge P S i think it will hurt there bottom line when a lot of folks drop out of this program PEACE!!

[oktyabyr]

Yeah, that's how I understood it. Sold all of mine too. Was using it as a hedge. Bought some low, then sold high. Increased my money. Now gonna use it to buy some physical. It was good for us small timers who couldn't afford to buy real gold especially. Have some in BD, but gonna use these funds to request a product draw, and but some physical with the rest. Won't be as much as I had in pool, but at least now I can have the physical, instead of trusting them. lol.

Now I have to decide if I want to spend just a bit, and get a .100 oz Platinum coin, or just go with the .100 oz gold. Don't own any Pt yet. Might be kinda cool.

[tebam11]

any other company out there like Kitco that doesn't charge a few for trading in a pool account.

I had increased my little investment by maing trade of 10 oz at a time, just buying low and selling when it went up a dollar or so. Several trades over about 6 months went from under 500 initial investment to almost 700. would like to continue somewhere else if its out there????????

[oktyabyr]

The closest I've found is the nucleo exchange on bullion direct. But you pay a small commission each time you buy and sell. Any others out there?