Geesus christ I just thought I'd have a look at some prices on GoldStackers and theres NOTHING LEFT!!!!!!!!!!!! I NEEED COLD HARD CASH ASAP!!!!!!!!!!!!
I got no cash man..... Thats why i started the emergency bank loan thread.....I've just started a new job and i dont get payed for a whole month..... I have a car and a motorbike for sale but they just wont sell....10k just sitting around depreciating.....I WANT PM'S NOW!!!!!!!!!!
Yep , I was there all day throwing it out the window Did I hit anybody in the head with anything Can I have it back now
I think many bullion sellers will simply refuse to sell their products at a low price! They will tell you anything only because they'd end up in loss!
Yeah I was thinking the same TH..... The dealers have already payed much higher prices for their stock weeks ago..... Then a crash like this makes them think twice.
Nope - just can't hedge to match the volume of orders we're experiencing overnight. Everyone has this preconception that dealers need to sell metal at higher spot prices than they paid. It's incorrect.
I wouldn't like that! I was checking the prices for some products and... :/ they are too high above spot. 1,380-1,390 $ an ounce at spot, but the dealer sells at about 8-10 % over spot per ounce. They used to have prices very close to spot... 5 % or so, max. What some dealers are already doing is raising premiums! I wonder what Peter Schiff and Mike Maloney will say now about gold! I guess "it's an opportunity to buy more!"