I have asked BiGs if he does, and he does not. It's all about the restock price, and you will notice he is out of stock for many lines. There's a reason for that. Ainslie can speak here for themselves if they wish, as can GP on behalf of GS.
You shouldn't rely on a physical market when it is dwarfed by the buying and selling of the paper market speculators. My stock is 100% hedged. You have never asked me if I hedge. Do you really think I would run a 24 hour spot tracked store and not be hedged? I'm not going to throw away my money, lol. Are you getting confused with the premium discussion we had? Big difference between the two. You cannot hedge premiums. But you can ensure that you only buy these particular bullion when its manufacturer hasnt upped the "premium over spot" above normal prices. I reiterate that my stock is 100% hedged. 100% to the silver market and 100% to the Forex market. 100% hedged. p.s. NTR premiums normalised a couple weeks ago and I will be restocked with that US bullion in no time. BiGs
Yep spot on...When APMEX have specials bullion prices plummet...When they sell those French Angels and those gold roosters gold plummets...A lot more butt hurting in the future for many stackers....Lovin it haha.
Apologies. You certainly mentioned the premiums, and also mentioned the restocking price dependent on premiums lowering on price stability. Good to hear on the NTR stock.
A price drops due to futures contracts being dumped. A price rises due to futures contracts being acquired. The degree of drop / rise depending on amount contracts relative to total traded. The very existence of futures positions proves hedging. This statement applying to the whole of the market, and overrules any dealers you know that don't.
So who is telling the truth? I go for Bigs , which mean pretty much everything YOU SAY FROM NOW ON can be chucked out the window. Zero credibility Monsta. You may as well go get a new account champ. ZERO !!!!!!!!!!!!!!!!!!!!!!!!!!!!CREDIBILITY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
