Topic: Gold and Silver tanking HardCore - page 2. (Read 2700 times)
Dude the "out of stock" situation was reality in 2008, except it wasn't really out of stock just the dealers wouldn't give away any more at these prices.
There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold.
I have a feeling it's not that easy though, where is the catch?
I have a feeling it's not that easy though, where is the catch?
You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand
10 million dollars of gold weights ~2760 lbs
Derp, I was making a reference to the future where bullion is out of stock everywhere leading to $1m/oz gold. Think dystopian hyperinflation future.
There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold.
I have a feeling it's not that easy though, where is the catch?
I have a feeling it's not that easy though, where is the catch?
You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand
10 million dollars of gold weights ~2760 lbs
There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold.
I have a feeling it's not that easy though, where is the catch?
I have a feeling it's not that easy though, where is the catch?
You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand
There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold.
I have a feeling it's not that easy though, where is the catch?
I have a feeling it's not that easy though, where is the catch?
Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
How about
Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
You short paper gold and silver because there is no gold or silver at Comex to deliver.
Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
WOW!
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