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 Replies: 16 / Views: 3,061 |
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Pillar of the Community
United States
667 Posts |
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Valued Member
United States
493 Posts |
It's a deposit on a commercial lease, I'm sure APMEX would rather use the cash for other things. |
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Pillar of the Community
United States
759 Posts |
Cross marketing, that's all.
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Pillar of the Community
United States
558 Posts |
Well I bet Trump got a good deal on that one. I wonder if the premiums will go up at APMEX now that there in the new digs. Edited by BrickellCat
09/15/2011 7:10 pm
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New Member
United States
9 Posts |
Cool story.
And I got excited when I sold 2 guns recently to two different guys and they paid in silver!
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Pillar of the Community
United States
3670 Posts |
Trumps taking 3 32 oz. (roughly $176,000 large) remote control sized bars of gold for payment for sky scrapper security deposits, why am I not surprised....
That could cause a real chain reaction across the country an planet, as smaller bus CEO's may say...."Hey Trump took the gold, why can't we"
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Pillar of the Community
Canada
1502 Posts |
And even smaller retailers thinking "we could do the same with silver" :)
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Pillar of the Community
United States
931 Posts |
APMEX is getting a crazy amount of free publicity out of this move. The coverage that this is getting would have cost them a lot more than the thirty-two ounces did.
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Pillar of the Community
Canada
834 Posts |
Like one bowl said cross marketing APMEX gets publicity and a deposit on a lease Trump continues with his "gold" theme which he is known for |
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Pillar of the Community
United States
4008 Posts |
Quote:I wonder if the premiums will go up at APMEX now that there in the new digs. I dunno. What I DO know is that APMEX premiums are already high enough that more of my business is going to Provident and SilverTowne.  Whatever the reason for doing this, it seems good for gold to be used as "money", even in just this one deal. |
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Rest in Peace
United States
9104 Posts |
I can see it now, margin calls on your security deposit.
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Pillar of the Community
United States
4008 Posts |
Quote:
I can see it now, margin calls on your security deposit. Yep... or, heaven forbid, puts and calls written against the security deposit. :-/ |
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Pillar of the Community
United States
3294 Posts |
I have thought about renting my house out for 1 oz gold a month, but I worry that the gold price would drop.
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New Member
32 Posts |
Quote:
And even smaller retailers thinking "we could do the same with silver" :) The suckers are still thinking that silver is anywhere close to as precious as gold and has a low enough supply to be a highly sought after metal. It dropped again today to $39 an ounce and didn't stay in the 40s long yet again like I assumed. No magic $50 in the future or the $60 so many are hoping for won't be in sight. Not retailer in their right mind would take silver off someone since they could lose a fortune if it drops and they wouldn't get the value it was worth when they traded for it.  Silver will drop in the next couple of years more then people want to think. It happened slowly in the 80s and the suckers didn't even see it coming. Now those same suckers are waiting for the magical $50 after holding it for 20 years.  |
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New Member
United States
25 Posts |
joe were you the guy that said it would never hit 42 again? and then it swiftly did. Just wanted to make sure.
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Pillar of the Community
Canada
834 Posts |
*** Staff Edit: There is no need to get personal ***
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Replies: 16 / Views: 3,061 |
Posted 09/15/2011 7:00 pm
