2 ms·
>Just try to get delivery of a gold bullion It's fairly trivial to get lots of gold just above spot price. https://www.apmex.com/product/75/10-oz-gold-bar-bran
by devalgo 6y ago
>Just try to get delivery of a gold bullion
It's fairly trivial to get lots of gold just above spot price.
https://www.apmex.com/product/75/10-oz-gold-bar-brand-name https://www.apmex.com/product/75/10-oz-gold-bar-brand-name
>And if you succeed, try selling it into the system again, without losing 30%.
In the scenario where the markets are collapsing and you need to sell gold for cash it's possible or even likely that it could be worth more than what you bought it for and even if not the discount rate you accept for selling it back may be worth it either way. If the market dropped 50-80% and you are only taking a 30% loss on gold that's clearly worth taking.