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Why Do Some People Love To Bid Up Bullion Way Over Spot??
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<p>[QUOTE="keemao, post: 2318760, member: 43972"]I watch a few things on Ebay for certain bullion items I am interested in. I place my "max" bid and sometimes I get lucky and score some nice stuff at what I consider a fair price depending on what silver spot is that particular day. What I don't get are people that keep running up the price of an item wayyyyyyyyyy above what the spot price would be, sometimes more than $10, instead of trying to capture it at a more reasonable price. Maybe they have money to burn. Don't they watch what silver is doing every day? I check it all the time, several times a day, to see how far it's going up or down. Drives me nuts to see them bid like crazy. Maybe they are stocking up for the impending doom this year......</p><p><br /></p><p>The Royal Bank of Scotland, which has warned of a "cataclysmic year" ahead for markets and advised clients to head for the exit. Do not wait. Do not pass go.</p><p><br /></p><p>"Sell everything except high quality bonds," warned Andrew Roberts in a note this week.</p><p>He said the bank's red flags for 2016 -- falling oil, volatility in China, shrinking world trade, rising debt, weak corporate loans and deflation -- had all been seen in just the first week of trading.</p><p>"We think investors should be afraid," he said.[/QUOTE]</p><p><br /></p>
[QUOTE="keemao, post: 2318760, member: 43972"]I watch a few things on Ebay for certain bullion items I am interested in. I place my "max" bid and sometimes I get lucky and score some nice stuff at what I consider a fair price depending on what silver spot is that particular day. What I don't get are people that keep running up the price of an item wayyyyyyyyyy above what the spot price would be, sometimes more than $10, instead of trying to capture it at a more reasonable price. Maybe they have money to burn. Don't they watch what silver is doing every day? I check it all the time, several times a day, to see how far it's going up or down. Drives me nuts to see them bid like crazy. Maybe they are stocking up for the impending doom this year...... The Royal Bank of Scotland, which has warned of a "cataclysmic year" ahead for markets and advised clients to head for the exit. Do not wait. Do not pass go. "Sell everything except high quality bonds," warned Andrew Roberts in a note this week. He said the bank's red flags for 2016 -- falling oil, volatility in China, shrinking world trade, rising debt, weak corporate loans and deflation -- had all been seen in just the first week of trading. "We think investors should be afraid," he said.[/QUOTE]
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Why Do Some People Love To Bid Up Bullion Way Over Spot??
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