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Apmex Not Taking Orders

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Pillar of the Community
junior e's Avatar
United States
931 Posts
 Posted 08/07/2011  12:23 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Went back to Kitco and the thread is gone. Must have been a jester.
Edited by junior e
08/07/2011 12:34 pm
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GoThunder's Avatar
United States
830 Posts
 Posted 08/07/2011  12:33 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
Junior, did you see this on Kitco home?

http://cnbusinessnews.com/gold-hits...wait-market/
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 08/07/2011  12:36 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 08/07/2011  3:51 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply

Quote:
From the APMEX facebook


Thanks swrb, that explains a lot.

Valued Member
United States
59 Posts
 Posted 08/07/2011  4:31 pm  Show Profile   Bookmark this reply Add 97guns to your friends list Get a Link to this Reply
i dont believe what APMEX says, they have lied to me before. ever since the ATB debacle theyve lost me as a customer. APMEX has an up to the minute invesntory system on their site and I have never seen them have a "weekend allocation" on their complete inventory.

i saw this on another forum

Originally Posted by https://www.BullionByPost.co.uk
No more orders for Gold or Silver!
Due to unprecedented demand and the US debt downgrade late on Friday we will not be able to accept any more orders until 9:30AM on Monday. Thank you for your understanding!


looks very bullish for the asian open, well see.
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GoThunder's Avatar
United States
830 Posts
 Posted 08/07/2011  4:40 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply

Quote:
the ATB debacle


I guess I'm too new to get that one
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macmercury's Avatar
United States
5830 Posts
 Posted 08/07/2011  4:49 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
There's always ebay!

I am not sure how this will effect the market here in the US, but the Chinese goes with a saying even if the market crash. "Going to the horsing race track and dance will continue."
Pillar of the Community
United States
619 Posts
 Posted 08/07/2011  4:55 pm  Show Profile   Bookmark this reply Add CPC24 to your friends list Get a Link to this Reply
Good point.

I just picked up some Mexican gold on ebay for the same price as APMEX. Let's see what happens tomorrow...
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junior e's Avatar
United States
931 Posts
 Posted 08/07/2011  5:40 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
I put my order for an ounce from the mint on again. They put them on hold for about three days so you have the option to cancel during the "on hold" period. I want the proof Buffalo anyway. Now they are cheaper than APMEX. I think the proofs will go to $1960 tomorrow. It's a foot in the door anyway. An Unc Eagle is $1887 at the mint so the Buffalo is a relative bargain IMHO.
Edited by junior e
08/07/2011 5:50 pm
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mkfarm's Avatar
United States
667 Posts
 Posted 08/07/2011  5:42 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
I don't have a problem with any business making a business decision to stop their weekend sales. In fact they should not even be required to explain their actions to anyone it is their business.

For APMEX you certainly had enough extended time since the close of market to buy until they stopped over the weekend.

So if gold or silver makes a large jump they will make some money, if one or the other falls they will loose some money.

The ATB series - the best darned door stops ever made. Not the easiest things to find a buyer but they do a darn good job keeping the door open in a breeze that is where mine are.

The problem with Americans is that we have become to spoiled and want everything yesterday. I made sure I made my buying decisions on Friday and acted the way I thought I should. I will know in a hour if I made the right choice.
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mkfarm's Avatar
United States
667 Posts
 Posted 08/07/2011  6:14 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
APMEX opened at 6:00PM EST gold and silver were up slightly Gold $1,688 Silver up to $39 then fell to $38.30.
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/07/2011  8:20 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I'm hoping to save all my bullion for closer to when I retired, so hopefully, in 40 years gold and silver will be worth a lot more then now.

One thing IS for sure. In 40 years, any of today's dollars that have been saved WILL be worth a LOT less! That's been true for the 62 years of my life and I don't see anything acting to change it. If anything, most of today's actions are exacerbating the US's financial problems rather than solving them.


Quote:
The problem with Americans is that we have become to spoiled and want everything yesterday. - mkfarm

Wrong! We want FTL delivery! Since this is Faster Than Light, the products WILL arrive BEFORE we order them!


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