When that perfect hand comes along and you bet big - and then you take the house

Discussion in 'Bullion Investing' started by Brett_in_Sacto, May 8, 2017.

  1. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    We've all seen Ocean's 11, and we know the scene.

    Yesterday was that day for me. A perfect storm so to speak.

    -Gold drops off over $50 an ounce in a week - buying opportunity

    -Ebay offers bonus bucks - 15% in the "fashion" categories.

    -Fine Jewelry is in those categories.

    -Several sellers listed absolute - no reserve auctions in the categories with solid gold jewelry. Some scrap, some first quality pieces.

    I backed the truck up and won several auctions. After the Ebay Bucks and cash back on the CC, I averaged 74% of melt value, which means I can literally take it to my LCS and get 90% or better on it and have cash with profit in hand before the bill even comes due.

    And a big pile of ebay bucks to spend come July. :)

    Opportunity + Preparation = Good Luck!

     
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  3. longarm

    longarm Well-Known Member

    That's the way to do it.
     
    Brett_in_Sacto likes this.
  4. Dougmeister

    Dougmeister Well-Known Member

    ... if gold doesn't drop too much more before the items arrive...
     
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  5. Treashunt

    Treashunt The Other Frank

    congrats!
     
    Brett_in_Sacto likes this.
  6. longarm

    longarm Well-Known Member

    I'm hoping it does cause I'm ready to buy.
     
    slackaction1 likes this.
  7. myownprivy

    myownprivy Well-Known Member

    Hopefully it does! I'm ready to buy another ounce once it drops under $1200
     
    slackaction1 likes this.
  8. slackaction1

    slackaction1 Supporter! Supporter

    SHOWOFF...... I BELEIVE MRS BRETT HAD A HAND IN IT.. YOUR CONSTANT PURSUIT HAS COME IN AGAIN............. WAY TO GO ........
     
  9. jtlee321

    jtlee321 Well-Known Member

    I've heard of several people getting eBay Bucks offers over the weekend. I didn't get anything. They seem to have all of a sudden just shunned me. :(
     
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