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Apmex sure is trying hard to manipulate...
piecesofme
Posts: 6,669 ✭✭✭
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
To forgive is to free a prisoner, and to discover that prisoner was you.
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The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
10 4...Not only does APMEX, but also JMBullion, Providentmetals & baypreciousmetals, have decent deals going on. I guess they must communicate among themselves with the "inside information."
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
If you really believe this then there are ways to make a fortune in front of this long weekend
mark
or dump product at a higher value than it's going to be a few days from now.
When one lowers, others must follow suit to keep market share.
Seriously doubt if there's a conspiracy here. There are much bigger ones to wrap your planning around.
Give Me Liberty or Give Me Debt
Liberty: Parent of Science & Industry
If you really believe this then there are ways to make a fortune in front of this long weekend
mark
or dump product at a higher value than it's going to be a few days from now.
What he's saying is if you personally have this conviction then you personally could make money from it -- like taking a large DUST position.
Anyway, as mentioned in the old "APMEX going under?" thread, APMEX wools be a moron not to be hedged. When they buy gold, they sell an approximately equal amount of paper. When they sell gold, they close the paper.
My guess is that eBay & PayPal are giving large bullion sellers a break on fees.
This.
Profit from your paranoia
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
No, I will not follow my 'paranoia' by taking a huge DUST position... it is merely a curious observation on my part, nothing more nor nothing less. I'll leave the gambling to those who have much more spare change they have nothing else to use it for.... certainly not me!
I love this place!!!
Knowledge is the enemy of fear
What he's saying is if you personally have this conviction then you personally could make money from it -- like taking a large DUST position.
This.
I get what he said...I don't think my plain English reply was understood.
What he's saying is if you personally have this conviction then you personally could make money from it -- like taking a large DUST position.
This.
I get what he said...I don't think my plain English reply was understood.
I guess not.
Did you dump product into Friday's strength?
On Thursday, I made my third buy on the way down and am wondering if I'm going to be holding it all for ""longer than anticipated.""
I think the big paper traders have 1000X more inluence than APMEX sales.
I think you are on the low side and of course they don't know otherwise they would be stock brokers instead
M
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
. . . Oh wait, platinum's up $2.00. We're SAVED!!!
My Adolph A. Weinman signature
Some who follow the pattern of them sending out mass sale emails confirmed that when that happens it tanks more often than not.
To those that took advantage of those sale prices and locked in merchandise, congrats. You have a bigger set than I.
I hope that most of you are aware enough to realize that silver at $19.50 as I write this, up from when Apmex was sending out emails saying merchandise was on sale when it was $18.80-ish is not the norm. It also isn't the end of Tuesday yet either.
Some who follow the pattern of them sending out mass sale emails confirmed that when that happens it tanks more often than not.
To those that took advantage of those sale prices and locked in merchandise, congrats. You have a bigger set than I.
Apmex, Provident and most of the large players are hedged with paper. They make money whether bullion is rising or falling on the spreads. There is the requirement that they are actually selling product though.
I was talking to an Apmex buyer I know at the ANA and he was telling me how dead the bullion market was, and how sales are down huge. They have to keep buying whether or not they are selling, so seems to me the solution for them is to lower buy prices, drop their margin a bit and put stuff on sale to move inventory. Thus making payroll like Baley posted above.
JMO but I think they are just reacting to a slow market.
My Ebay Store
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
and of course you went on record, after the fact. Congrats to those of you up $8 on the 10 oz bar you purchased...$80 on 100'zs. Now when you try to flip it, because you will, eBay/Paypal will take all your profit. Congrats on being the middle man.
All it was was a mere observation that some confirmed. And of course, someone like you wants to take credit for it because on a fluke the opposite happened LOL.
Yep.
Profit from your paranoia
mark
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
and of course you went on record, after the fact. Congrats to those of you up $8 on the 10 oz bar you purchased...$80 on 100'zs. Now when you try to flip it, because you will, eBay/Paypal will take all your profit. Congrats on being the middle man.
All it was was a mere observation that some confirmed. And of course, someone like you wants to take credit for it because on a fluke the opposite happened LOL.
Were you drinking when you wrote this? If so, that would explain things.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
and of course you went on record, after the fact. Congrats to those of you up $8 on the 10 oz bar you purchased...$80 on 100'zs. Now when you try to flip it, because you will, eBay/Paypal will take all your profit. Congrats on being the middle man.
All it was was a mere observation that some confirmed. And of course, someone like you wants to take credit for it because on a fluke the opposite happened LOL.
I think APMEX is tiring of buying back from me what I buy from them on ebay's bucks days.
and I'll take my $8 profit. I get other fringe benefits from the CC and from shopping sites that I don't include in the profit.
eh. call it something enjoyable for this cheap person does to fill time.
Although discount percentages may vary.
Give Me Liberty or Give Me Debt
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
and of course you went on record, after the fact. Congrats to those of you up $8 on the 10 oz bar you purchased...$80 on 100'zs. Now when you try to flip it, because you will, eBay/Paypal will take all your profit. Congrats on being the middle man.
All it was was a mere observation that some confirmed. And of course, someone like you wants to take credit for it because on a fluke the opposite happened LOL.
I think APMEX is tiring of buying back from me what I buy from them on ebay's bucks days.
and I'll take my $8 profit. I get other fringe benefits from the CC and from shopping sites that I don't include in the profit.
eh. call it something enjoyable for this cheap person does to fill time.
So this means you if would've sold back to them you would've had to buy...from Apmex, at Spot, and then after shipping the bar back to them with you paying shipping both ways, you still made $8 on a .80 move in Spot? Interesting.
The point (because it seems I have to spell out everything here these days):
1) You, or anyone else, will ever buy any 10 oz bar from Apmex at Spot.
2) Paying shipping both ways when you buy then sell back to Apmex means you're out a minimum of $12 on a 10 oz bar, min. $12.
3) You have to have at least a $4 per oz. move in Spot from the time you bought a 10 oz bar from Apmex to when you sell back to them and pay shipping to mail it back to them...to BREAK EVEN.
4) This is the internet, but BS can only go so far even on here.
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
and of course you went on record, after the fact. Congrats to those of you up $8 on the 10 oz bar you purchased...$80 on 100'zs. Now when you try to flip it, because you will, eBay/Paypal will take all your profit. Congrats on being the middle man.
All it was was a mere observation that some confirmed. And of course, someone like you wants to take credit for it because on a fluke the opposite happened LOL.
I think APMEX is tiring of buying back from me what I buy from them on ebay's bucks days.
and I'll take my $8 profit. I get other fringe benefits from the CC and from shopping sites that I don't include in the profit.
eh. call it something enjoyable for this cheap person does to fill time.
So this means you if would've sold back to them you would've had to buy...from Apmex, at Spot, and then after shipping the bar back to them with you paying shipping both ways, you still made $8 on a .80 move in Spot? Interesting.
The point (because it seems I have to spell out everything here these days):
1) You, or anyone else, will ever buy any 10 oz bar from Apmex at Spot.
2) Paying shipping both ways when you buy then sell back to Apmex means you're out a minimum of $12 on a 10 oz bar, min. $12.
3) You have to have at least a $4 per oz. move in Spot from the time you bought a 10 oz bar from Apmex to when you sell back to them and pay shipping to mail it back to them...to BREAK EVEN.
4) This is the internet, but BS can only go so far even on here.
Not sure how you arrived at you shipping expense.
A) shipping is free if your purchase is over $99 from APMEX.
The market with a barrage of sales. Usually when they do that, the market tanks in a big way. I wonder if they have some inside information. Will be very curious to see how the market opens Tuesday after a long holiday weekend
Go back to bed. The long weekend is over and PM's are up modestly.
Zero surprise.
mark
and of course you went on record, after the fact. Congrats to those of you up $8 on the 10 oz bar you purchased...$80 on 100'zs. Now when you try to flip it, because you will, eBay/Paypal will take all your profit. Congrats on being the middle man.
All it was was a mere observation that some confirmed. And of course, someone like you wants to take credit for it because on a fluke the opposite happened LOL.
I think APMEX is tiring of buying back from me what I buy from them on ebay's bucks days.
and I'll take my $8 profit. I get other fringe benefits from the CC and from shopping sites that I don't include in the profit.
eh. call it something enjoyable for this cheap person does to fill time.
So this means you if would've sold back to them you would've had to buy...from Apmex, at Spot, and then after shipping the bar back to them with you paying shipping both ways, you still made $8 on a .80 move in Spot? Interesting.
The point (because it seems I have to spell out everything here these days):
1) You, or anyone else, will ever buy any 10 oz bar from Apmex at Spot.
2) Paying shipping both ways when you buy then sell back to Apmex means you're out a minimum of $12 on a 10 oz bar, min. $12.
3) You have to have at least a $4 per oz. move in Spot from the time you bought a 10 oz bar from Apmex to when you sell back to them and pay shipping to mail it back to them...to BREAK EVEN.
4) This is the internet, but BS can only go so far even on here.
Not sure how you arrived at you shipping expense.
A) shipping is free if your purchase is over $99 from APMEX.
Sorry for the confusion.
I probably couldn't take and 80 cent move and make money.
but I do flip back to APMEX for small profits, sometimes as low as $8 but I'll just say that I've made money flipping back to ebay and $8 was on the very low side of profit once.
Don't mind me guys. I'm just practicing my philosophy and typing.