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<p>[QUOTE="Del Pinto, post: 2063130, member: 73128"]isaiah58-</p><p>I'm glad you respect and understand that another's "opinion" (aka 'common sense') isn't "trolling."</p><p><br /></p><p>What you are attempting was classically termed arbitrage ; professionals do this all the time. Some win, some lose. But if you (retail little guy) don't understand it, then you probably shouldn't try it. As I wrote, amateurs shouldn't play with money they cannot afford to lose ... because they probably will. Even my grandma understood this.</p><p><br /></p><p>Don't take my word for it. Test out your retail premise, yourself. Call a number of LCS and make the following offer:</p><p><br /></p><p>1) "I have 1 AGE to trade for X number of ASEs par spot both metals. Trade with no premiums?"</p><p>2) "I also want to trade back, at a later date of my choice, X-n of ASEs for 1 AGE : again, at par spot both metals. Would this be acceptable to you?"</p><p>3) "Furthermore, I'd like to repeat this reverse trade in the future. Are you interested in this arrangement?"</p><p><br /></p><p>You are trying to outfox the LCS; do you really think he's never heard of this? Or instead of one dealer, you might better find multiple partners for such a scheme: good luck with that! So, in all likelihood you're back to trading/buying &selling retail with real world costs. Might as well try flipping bullion retail - please report back how successful that is for you, over time. Lots of those guys apparently quit posting here - that's WHY, the topic of this thread.</p><p><br /></p><p>(Hint: though still NOT advisable to noobs, you can "play" this investment strategy at a much much cheaper rate in paper, and without the hassle of finding dance partners.)</p><p><br /></p><p>Since no one mentioned it, the title of this OP "Bullion Investing Forum has went downhill" is wrong ; the correct form is "... done gone ...."[/QUOTE]</p><p><br /></p>
[QUOTE="Del Pinto, post: 2063130, member: 73128"]isaiah58- I'm glad you respect and understand that another's "opinion" (aka 'common sense') isn't "trolling." What you are attempting was classically termed arbitrage ; professionals do this all the time. Some win, some lose. But if you (retail little guy) don't understand it, then you probably shouldn't try it. As I wrote, amateurs shouldn't play with money they cannot afford to lose ... because they probably will. Even my grandma understood this. Don't take my word for it. Test out your retail premise, yourself. Call a number of LCS and make the following offer: 1) "I have 1 AGE to trade for X number of ASEs par spot both metals. Trade with no premiums?" 2) "I also want to trade back, at a later date of my choice, X-n of ASEs for 1 AGE : again, at par spot both metals. Would this be acceptable to you?" 3) "Furthermore, I'd like to repeat this reverse trade in the future. Are you interested in this arrangement?" You are trying to outfox the LCS; do you really think he's never heard of this? Or instead of one dealer, you might better find multiple partners for such a scheme: good luck with that! So, in all likelihood you're back to trading/buying &selling retail with real world costs. Might as well try flipping bullion retail - please report back how successful that is for you, over time. Lots of those guys apparently quit posting here - that's WHY, the topic of this thread. (Hint: though still NOT advisable to noobs, you can "play" this investment strategy at a much much cheaper rate in paper, and without the hassle of finding dance partners.) Since no one mentioned it, the title of this OP "Bullion Investing Forum has went downhill" is wrong ; the correct form is "... done gone ...."[/QUOTE]
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