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Topic: Gold and Silver tanking HardCore - page 2. (Read 2715 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
June 20, 2013, 06:18:27 PM
#9
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.
member
Activity: 98
Merit: 10
June 20, 2013, 06:08:18 PM
#8
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?

You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand  Grin

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.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 20, 2013, 05:37:35 PM
#7
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?

You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand  Grin

10 million dollars of gold weights ~2760 lbs
member
Activity: 98
Merit: 10
June 20, 2013, 05:01:45 PM
#6
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?

You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand  Grin
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
June 20, 2013, 04:58:49 PM
#5
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?
sr. member
Activity: 434
Merit: 250
June 20, 2013, 04:53:33 PM
#4
Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.

How about

sr. member
Activity: 453
Merit: 254
June 20, 2013, 04:53:29 PM
#3
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.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
June 20, 2013, 04:15:09 PM
#2
Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 20, 2013, 03:36:45 PM
#1



WOW!
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