I don't understand why this guy made a video like this, doesn't show him in a good light and it makes him look like a moron, maybe he'll see this thread and learn from it! https://www.youtube.com/shorts/UWMrRxcO2V8
Buying wholesale and selling retail. Don't they mention something like that in Introduction to Business?
Funny - spread seemed a little large but I get it. Why I like my local shop - the "we buy gold sellers" - will buy gold or silver, then take it to the shop I use and sell it there. Kind of funny.
Yes dummy Did you see how he tried to enter the shop? Most Gold and silver buyers, pawn shops and even jewelry stores have that secure door where you need to ring the bell so they can let you in. The clerk saw him, so he was let in. I thought he was going to start knocking on the glass!
Some people ARE Slow learners. I believe thelordofgucci falls in this uneducated category. Maybe it's just a ploy to drive traffic to their channel. Doesn't quite grasp the business model of making money...he bought a vintage Engelhard bar with a little premium. Expecting?? Maybe to turn a profit?? But you wouldn't go to another shop to get that. Doesn't grasp how a precious metals business works, upon arrival and After he gets buzzed in he fumbles around in his pocket like he's going to pull out a piece.
