What Jim Willie said is that if a party wants to buy like 5 tons physical of bullion by next week in one transaction, the price would be a lot higher than current premium. Try that in Dubai or in your shop right now.
1. UN_BUZZ all Deal 2. THROW the shoes 3. that $2000 gold from Jim Willie, it was before tax money stored elsewhere (ie outside the country) 4. Remember that CYPRUS's up north is TURN-KEY so watch your paper :lol: 5. $1900 gold, thought the Chinese already bought them all, are you trying to double sell them for a higher price this deal on offer only 5% under spot, tonight gold price is going a downer another 13%....
Where do you live? I'll come and collect it when your out! My mate Zac on the ishkander stall said he will fix you up with payment and food lol
We can supply 5 tonnes of gold kilo bars next week no problem, and we are talking dollars premiums, not hundreds premiums. We sell those volumes week in week out and the bullion banks are not bidding up the premium to a level that tells me there is any physical tightness in the wholesale markets. I stick with my BS call.
Do you think miners just stop mining gold? It comes in continuously each week. Anyway, you believe what you want. A nutter who quotes anon sources or someone direct from a refinery doing 10% of world mine production.