Just bought 205 ounces of silver for well below spot

Illusionz
Illusionz

not owning your own small business where you buy precious metals well below spot

Just bought 205 ounces of silver for well below spot.

Fried_Sushi
Fried_Sushi

@Illusionz
Been thinking of starting off CL posts. What % should I offer?

Nude_Bikergirl
Nude_Bikergirl

Where'd you find 13lbs of silver at below spot?

Booteefool
Booteefool

@Nude_Bikergirl
"Hey my dad just died and left me all of this silver I was curious if I could trade it for a AR15"

sure goy have his top of the line Colt 6920, I'll even let you make a even trade!

That's how the deal went down.

Harmless_Venom
Harmless_Venom

@Nude_Bikergirl
Well, I believe he owns a small business and a client came in and sold it to him.

w8t4u
w8t4u

@Booteefool
*have this

Snarelure
Snarelure

@Illusionz
how do you earn money?

Who are you selling it to?
Where do you buy it from?

BunnyJinx
BunnyJinx

@Booteefool
yfw he comes back tonight with his new rifle to take back his silver and your butt-virginity

Inmate
Inmate

@Snarelure
Pawning

Connections
People

@BunnyJinx
I keep all the silver st work. Not to mention the security system I have is pretty good

Garbage Can Lid
Garbage Can Lid

@Illusionz
Good job, OP.

It's amazing how many people can't do a simple XAUUSD search and end up selling grandma's ring for 20% below M E L T V A L U E

MPmaster
MPmaster

@Illusionz
gratz.
Check for tungsten.

Soft_member
Soft_member

@MPmaster
Who the fuck hollows out silver coins?

I thought tungsteneers were all about goldbricking 5 oz bars and up.

girlDog
girlDog

@Illusionz
What kind of business license do you need to do this?

5mileys
5mileys

@Garbage Can Lid
20% below? More like 75% below spot. Kek

askme
askme

@5mileys
You are truly a sagacious merchant.

Inmate
Inmate

@girlDog

every pawn shop does this. they make a living off melting down stolen jewelry meth addicts bring in for quick cash.

doubt there is much you need.

Methnerd
Methnerd

@Inmate
Im sure there is some sort of license needed

CodeBuns
CodeBuns

@Methnerd
There is. And pawn shops are specifically targeted for alot of hoops to jump through even though jewelry shops buy just as much gold as pawnshops.

Stark_Naked
Stark_Naked

@CodeBuns
So your saying I should start a jewelry store?

farquit
farquit

@Stark_Naked

jewelry store
no jewelry for sale
only buy stuff

i guess you could stock up on pandora bracelet shit in addition. thats the biggest robbery ever/huge profit margins and every ugg boot wearing sheep that comes in has a pandora.

@CodeBuns

just avoid buying/selling guns and pawn shops are the easiest fucking money ever and low drama.

recommend a conceal carry or some security though and be really firm with the squirrely meth heads so they don't think you are an easy target.

Fuzzy_Logic
Fuzzy_Logic

@farquit
There is a lot of money to be made in guns. People pawn family heirlooms and want them back. Also having a FFL really isn't that much hassle. Too easy of money to avoid because of a little bit more paper work.

Sharpcharm
Sharpcharm

@Illusionz
i hate pricks of your kind, what a greedy fuck you are. people of your sort are the reason why we can't have nice things, i hope you loose your money and die of a heart attack.

Need_TLC
Need_TLC

Where do you sell bullion at or near spot?

I have some but haven't found anywhere that will pay out a good price

Garbage Can Lid
Garbage Can Lid

@Sharpcharm
participating in a mutually beneficial voluntary transaction is for ebul rethuglicans
Wait a minute am I being baited?

Illusionz
Illusionz

@Need_TLC
You won't. People paying spot normally only deal with people bringing at least 10k or more per transaction

New_Cliche
New_Cliche

@Sharpcharm
Someone is poor

Raving_Cute
Raving_Cute

@Illusionz
Ok. So you've just got to bargain a price to part with your bullion at?

Man all those threads shilling gold neglect to point out that you'll need a huge increase in value to offset the buying commission and selling markdown

Harmless_Venom
Harmless_Venom

@Illusionz
Free crypto for quick tasks. Add me on skype: [email protected]

Dreamworx
Dreamworx

@Raving_Cute
I would never invest in Gold if I had to buy it at spot. I just don't have enough cash/captial to make it viable.

Techpill
Techpill

@Soft_member
You're right on Tungsten. Silver is too light. Drilled and filled silver is a mix of tin, lead, and sometimes copper.

@Inmate
No, not every pawnshop, jackass. I'm in South Carolina. Every buy you take in has to be inventoried, cataloged, and held for 14 days. Every pawn, same thing plus the length of the pawn itself, and SLED is real good at stings.

@Fuzzy_Logic
Correct. My shop has an FFL, and it's mostly to facilitate transfers. $10 a pop for you to get your shipment from JG Sales or Bud's and avoid the other guys hitting you for $25-50. My actual firearms inventory right now is a pair of beat to hell Mosin-Nagant's bought off a /k/ommando, and a single inter-war P08.

Evil_kitten
Evil_kitten

@Techpill
I actually keep an inventory of 50-80 guns on hand at all times. Often times these are new guns I order from distributors. I feel like it's a good way to get people in the door to shop.

TurtleCat
TurtleCat

@Techpill
Are you in the upstate? I've actually been looking for an FFL for doing transfers

JunkTop
JunkTop

@Techpill
Do you need licensing to buy/sell metals like that? What type of licence?

Soft_member
Soft_member

@Dreamworx
So how do I sell it at or near spot?

Or how do I sell it at all - most buy 4 less shops seem to have shuttered now that gold price is up again

hairygrape
hairygrape

Would buying a gram or two of gold at a time or buying 5 oz of silver at a time be a better investment?

Also is silver going to dip in price again or is $20 looking to be the new bottom.

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