adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 20, 2013, 08:36:45 PM |
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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June 20, 2013, 09:15:09 PM |
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Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
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painlord2k
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June 20, 2013, 09:53:29 PM |
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Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
You short paper gold and silver because there is no gold or silver at Comex to deliver.
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Frozenlock
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June 20, 2013, 09:53:33 PM |
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Good thing I didn't back the truck up. I guess the trade is short paper bullion buy hard bullion.
How about
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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June 20, 2013, 09:58:49 PM |
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There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold. I have a feeling it's not that easy though, where is the catch?
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Jozzaboy
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Activity: 98
Merit: 10
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June 20, 2013, 10:01:45 PM |
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There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold. I have a feeling it's not that easy though, where is the catch?
You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand
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BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF I also accept precious metals, no paper money please.
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 20, 2013, 10:37:35 PM |
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There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold. I have a feeling it's not that easy though, where is the catch?
You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand 10 million dollars of gold weights ~2760 lbs
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Jozzaboy
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Activity: 98
Merit: 10
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June 20, 2013, 11:08:18 PM |
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There is a local bullion dealer which allows me to place limit orders for individual coins with guaranteed delivery. I am considering doing this, then walk in past the disgruntled folks staring at the "out of stock" signs and smugly receive my cheap gold. I have a feeling it's not that easy though, where is the catch?
You'll get robbed for swaggering about with a 10 million dollars of gold in the palm of your hand 10 million dollars of gold weights ~2760 lbs Derp, I was making a reference to the future where bullion is out of stock everywhere leading to $1m/oz gold. Think dystopian hyperinflation future.
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BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF I also accept precious metals, no paper money please.
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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June 20, 2013, 11:18:27 PM |
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Dude the "out of stock" situation was reality in 2008, except it wasn't really out of stock just the dealers wouldn't give away any more at these prices.
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Jozzaboy
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Activity: 98
Merit: 10
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June 20, 2013, 11:50:55 PM |
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Well I was still in high school in 2008 heh I didn't really grasp the concepts on inflation on the money in my pocket. Just something I wasn't interested in. I'll stop before I make an arse of myself
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BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF I also accept precious metals, no paper money please.
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counter
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June 21, 2013, 10:03:09 AM |
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Gold and Silver are on the move in the wrong direction. I wonder if now is a good time to buy or wait for it to get beat down some more? I can't believe the speed they are falling, simply amazing!
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FiatKiller
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June 21, 2013, 07:41:10 PM |
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Silver already bounced off of something like $18 in the recent past. Regardless, is has real value and always will, because it is used in manufacturing and jewelry. You cannot lose all your money and are likely to gain over time, unlike stocks.
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BitcoinFX
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Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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June 21, 2013, 07:56:40 PM |
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Gold-Producing Bacteria Turn Toxic Ions Into Precious Metal, Scientists Say http://www.huffingtonpost.com/2013/02/04/gold-bacteria-toxic-ions_n_2616566.htmlPerhaps its just time for the human race to start investing in things of real value such a water, air and food instead of stockpiling tons of comparitively mostly useless shiny rocks !? ... "and one day the poor will have nothing left to eat, but the rich" ... floccinaucinihilipilification ?
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FiatKiller
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June 21, 2013, 08:02:51 PM |
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I agree. Water is the next gold, but maybe not in my lifetime.
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cbeast
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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June 21, 2013, 08:09:09 PM |
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I agree. Water is the next gold, but maybe not in my lifetime.
Oxygen is the new gold. You can't drink or breathe without it. I wonder if you can patent oxidation processes?
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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FiatKiller
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June 21, 2013, 08:17:24 PM |
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I agree. Water is the next gold, but maybe not in my lifetime.
Oxygen is the new gold. You can't drink or breathe without it. I wonder if you can patent oxidation processes? All you have to do is to apply electrolysis to the already precious water! lol
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BitcoinFX
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Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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June 22, 2013, 12:18:23 AM |
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I agree. Water is the next gold, but maybe not in my lifetime.
Oxygen is the new gold. You can't drink or breathe without it. I wonder if you can patent oxidation processes? All you have to do is to apply electrolysis to the already precious water! lol For sure, this is interesting. Perhaps the headline should read... Valuable Gold-Producing Bacteria Turn Toxic Ions Into Worthless Metal, Scientists Say Erm...
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inspiredinvestor
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June 24, 2013, 06:59:47 AM |
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keen on silver, it's such a functional metal, goes hand in hand with alot of technology hardware. i hold some bullion, but it's incredibly volatile and it's best not to look at paper price (can be depressing)
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culexevilman
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Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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June 24, 2013, 10:41:58 AM |
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So why have bitcoin prices not risen?
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counter
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June 24, 2013, 11:55:30 AM |
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So why have bitcoin prices not risen?
I think a better question is why is gold and silver prices tanking. In my opinion Bitcoin prices aren't rising because people are waiting on the sidelines waiting for the best price at the best time.
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