Holy Cheap PAMP 1kg Bars

I have a habit of watching the 'bay. Not sure if it's against forum rules, but someone here will surely snap them up. Not affiliated

BIN <$900 delivered

220731220076

220731220060

220731220034

220731220107

220731220093

 

Aaaaaaaaand all gone

Someone got a good buy.

 

Well, someone bought up the extra ones he listed also. I'm almost thinking he's emptying a monster box one by one, so I'd watch his account as another one pops up every 10 or so mins if people are still keen

 

If he see's how quickly the first ones went he might re-evaluate his listing price by the time he finishes the box.

 

330524305624 :lol:

 

And gone!!!

 

dang, i saw him list one at 880 went to buy it now and poof! it was gone!! just like the SS site.

Just shows that put em up at spot or a smidge less and the market is very liquid

 

Lol, someone is snapping these puppies up as soon as they appear. 2 more come and gone. Not quick enough :/

I blame this ipad

 

I think smart money is switching to gold.

I think something big is brewing, and a gold revaluation might be on the cards. You wont benefit from that as much unless you have some gold.

 

GRRRR I actually had permission from the wif.... treasurer

 

+1, look at the gold chart in aussie dollars,

 

Do you guys seriously see a gold revaluation soon? I wouldn't think we would see it until the current system is completely kaput.

 

For something of such a huge scale to take place would take the mother of all crises, and I cannot see it happening until deflation has destroyed production capacity after which governments attempting to provide liquidity will trigger an inflationary depression. Only then do I believe we will see a dramatic gold revaluation taking place. Until then, all you see is the market action.

 

Why do you say that? Because the price has dropped so much recently? If price drops, doesn't it mean nobody wants it? Or is this paper gold causing the price drop? Where's the smart money coming from? A revaluation up or down? Confused...

 

I reckon you're right. He sold 15 of these in approx 1 hour.

 

Congrats to those that got them, cheaper than current spot price!

 

LOL it would be funny that each time he added the listing that it sold so fast he thought it didn't work so he added it again... and again and he really only had one bar.

 

Different serial numbers so I doubt it - I'd say he had them auto listing at 10 minutes apart.

malachii

 

My thinking is that he is selling ahead of a bigger correction, i will even go as far as saying that within this years correction 1kg bars will go under $880... But i am just taking a punt.

Or the guy has a serious need to raise cash fast!

 

in a market crash the paper silver price will drop with it as it shakes out those with weak hands/debts/over leveraged etc to cover their losses but whether we can get physical at that time is a different matter i reckon