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<p>[QUOTE="Twinturbo, post: 1325073, member: 33002"]LMAO if your selling to dealers who are only playing physical then your getting screwed over by some thieves and amateurs.</p><p>Look at apmex, tulving etc. all the bigger precious metals dealers, they play the physical game, and hedge it with the paper money game.</p><p>If they buy physical, they short the paper, sell physical, you go long on paper, at the end of each week, worst case scenario two weeks, you average out, any swings that occur don't effect you, your profit margin is based on the difference between buy sell. For example if I'm buying 90% at 21xfv, and selling 23xfv while playing the paper game as well, and I sell a $1000 FV bag, well jeez thats 2 grand profit.</p><p>Im a small time silver dealer and I play the paper game to average it out, I love buying during downs and ups, today even though market was in a tidy I purchased 100 ASE'S. 300 oz of .999 bars, and close to $800 fv in 90% and i don't have a storefront or anything.</p><p><br /></p><p>As for shares it takes 3 days approval for any sale to take place, now if its privately held, it takes longer, if you own a significant stake (forgot the threshold percentage) it requires SEC approval for any sell off, and it must be made public. </p><p>If the stock takes a downturn or gets delisted which can happen very quickly, guess what not only could you not liquidate you paid for a bunch of worthless paper stock in a non-viable company.</p><p><br /></p><p>On the other hand if you ever need to sell physical hit me up, I could care less for the price swings and all that crud. if your not getting at least spot for your gold your getting played. And at least $1.50 over melt on ASE'S</p><p>generic .999 rounds/bars go for $1 over spot, and are bought .50-$1 under spot.</p><p>Margins are tight but if you play it right you can't lose, you increase orders/amounts, you increase profits. </p><p><br /></p><p>PS if you don't believe that stocks can get delisted, look into all the chinese stocks that got slammed this year and went to being toilet paper in a matter of hours. and yes they're listed on the NYSE</p><p><br /></p><p>Correction "were" listed LOL[/QUOTE]</p><p><br /></p>
[QUOTE="Twinturbo, post: 1325073, member: 33002"]LMAO if your selling to dealers who are only playing physical then your getting screwed over by some thieves and amateurs. Look at apmex, tulving etc. all the bigger precious metals dealers, they play the physical game, and hedge it with the paper money game. If they buy physical, they short the paper, sell physical, you go long on paper, at the end of each week, worst case scenario two weeks, you average out, any swings that occur don't effect you, your profit margin is based on the difference between buy sell. For example if I'm buying 90% at 21xfv, and selling 23xfv while playing the paper game as well, and I sell a $1000 FV bag, well jeez thats 2 grand profit. Im a small time silver dealer and I play the paper game to average it out, I love buying during downs and ups, today even though market was in a tidy I purchased 100 ASE'S. 300 oz of .999 bars, and close to $800 fv in 90% and i don't have a storefront or anything. As for shares it takes 3 days approval for any sale to take place, now if its privately held, it takes longer, if you own a significant stake (forgot the threshold percentage) it requires SEC approval for any sell off, and it must be made public. If the stock takes a downturn or gets delisted which can happen very quickly, guess what not only could you not liquidate you paid for a bunch of worthless paper stock in a non-viable company. On the other hand if you ever need to sell physical hit me up, I could care less for the price swings and all that crud. if your not getting at least spot for your gold your getting played. And at least $1.50 over melt on ASE'S generic .999 rounds/bars go for $1 over spot, and are bought .50-$1 under spot. Margins are tight but if you play it right you can't lose, you increase orders/amounts, you increase profits. PS if you don't believe that stocks can get delisted, look into all the chinese stocks that got slammed this year and went to being toilet paper in a matter of hours. and yes they're listed on the NYSE Correction "were" listed LOL[/QUOTE]
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