$3000 GOLD WITHIN 2 WEEKS ?? YES OR NO ??

betterinvestmentthanshare said:
It is not super misleading.

Factionals, proofs, bullion etc............................all the same......................

What rule states one is better than the other..............................

Proof gold is the market benchmark for "gold".

No different to the property market, share market etc..........................people set the price not the charts!!!!!!!!!!!!!!!!!!!

Can now see the shift?

Human economics 101
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There is no difference when you sell it back to the dealer. There is a big difference when you're buying it retail.

I have no idea where you get the idea that Proof gold is the market benchmark for 'gold'.
 
silverhair said:
I spoke to a mate of mine last week who runs a mine site up far north QLD for Anglo and he said they got listed as an essential service, so it was business as usual for them. He did say they practicing safe standards and a few extra thing , however production was to continue rail, hail or shine
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Haha even hair dressing is an essential service according to ScoMo.
 
silverhair said:
I spoke to a mate of mine last week who runs a mine site up far north QLD for Anglo and he said they got listed as an essential service, so it was business as usual for them. He did say they practicing safe standards and a few extra thing , however production was to continue rail, hail or shine
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Interesting...pick and choose your "essential service."

monopolize said:
Haha even hair dressing is an essential service according to ScoMo.
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Yesterday I saw a girl cutting a guy's hair, no face mask, no social distancing...
 
hardyakkagold said:
Forget about the paper gold price being $ Au 2650 ATM.
Zero Hedge is reporting that US Mint is selling 1 ounce gold eagles @ US $2175 which is nearly $3500 Aussie dollars!
Get what you can get now while there is still some scraps available, dont worry too much about the prices.
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Only a fool would pay massive premiums. You can buy 1oz bars on backorder from ABC for $2700, just order now and wait a while for delivery, what's the big deal?
 
SilverDJ said:
Only a fool would pay massive premiums. You can buy 1oz bars on backorder from ABC for $2700, just order now and wait a while for delivery, what's the big deal?
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You are presuming there will be a delivery. You have forgotten your history.
 
66rounds said:
You are presuming there will be a delivery. You have forgotten your history.
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ABC are a refiner, they have raw material inventory. Same with Perth Mint.
Maybe Bron can give us to low down?
Don't want to wait for delivery? then they also have pool allocated in stock, you get legal ownership over the gold have have inventory right now.
 
betterinvestmentthanshare said:
Cant even pre order gold or get unallocated on Bullion Now at the moment
Silver out of stock
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I cant even get bullion now to respond to my email to ship my orders to me due to how busy they are. These are confirmed orders that I have paid for in full.

Its not concerning me as its a two guy operation, but damn they must be getting hammered.
 
Ainslie says they'll launch an online booking system for pick-ups etc. starting 30th March.
---
We will implement an appointment system from 4pm AEST Monday 30 March to allow people to book a time to visit our office to:
  • pick up orders currently on hold
  • sell back gold, silver or platinum bullion bars and bullion coins to us (no collectibles, jewellery or scrap as usual)
  • pre order by phone and settle same day in cash
This system will only work with the following rules strictly enforced:
  • You must use the online booking system. A link to that system will on our website.
  • ..
  • One person only may enter our office at a time per booking.
  • On entering the office you must use the hand sanitiser provided and no one that should be in self isolation is allowed.
We would like to see pickups and buybacks prioritised over cash sales. Please be considerate of those NEEDING to sell due to financial hardship by prioritising webshop orders over office transactions to free up appointments to allow this.

If everyone adheres to this system we are hopeful to reduce times to 10 minutes to allow more throughput all going well.
---
 
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betterinvestmentthanshare said:
Cant even pre order gold or get unallocated on Bullion Now at the moment
Silver out of stock
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silverhair said:
I cant even get bullion now to respond to my email to ship my orders to me due to how busy they are. These are confirmed orders that I have paid for in full.

Its not concerning me as its a two guy operation, but damn they must be getting hammered.
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For ordering, unless you get through by phone then good luck. For previous orders, I know they have at least three extra people now working on the backlog. Stay patient but if the time starts pushing out too far then give them a call.
 
Dangerous time for buyers taking up dealers offering of pre-orders and unallocated.
Will they go under when everyone calls in there physical and there is none left????????????
Are buyers of pre orders and unallocated going to be left with "sorry, none left"????????
Are dealers insured for refunds if supply runs out????????
Or will they just keep collecting $$$$ and push delivery times further out till they have no option left except to shut up shop and run???
How long can this ponzi scheme go on for?????????????
Time will tell, that's for sure.
 
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It is super misleading because 1 ounce gold can be readily bought online in the USA for under 2800 AUD (I saw it at around 1700-1800 USD)
In fact on just one website, you could buy around 500 or more of those if you wanted.

Try buying a kilo bar of silver though.
 
betterinvestmentthanshare said:
Are buyers of pre orders and unallocated going to be left with "sorry, none left"????????
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Are there any dealers in Australia offering unallocated knowing hey don't have the metal and won't for quite some time?
The ones I have seen have stopped taking unallocated orders.
Perth Mint seems to be the only one, because they have actual raw material stock on hand.
 
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