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General Market Trading Discussions
Use this section for general discussions about trading the financial markets, e.g. Trading Systems, Price action, Chart patterns, Platform providers, Brokers, Risk Management, beginners questions and financial markets / stock markets trading in general.
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Latest Forum Posts
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By Bullionbilly · Posted
I suppose i could ( at a push 🤔) add you and it to the Christmas draw ? Save you the headache of selling it ... PM me if you are interested 🤞😂 -
By Hidden (Premium Content) · Posted
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i haven't seen a Johnson Matthey bar of this sort on the forum before. You might come across one in the UK but it could be years before you see a bar and then it is anyone's guess whether it is a 'good price'. Looking at ebay if you got nabbed by customs and the full price with shipping was declared you would be looking at £275 for a bar or £27.50/oz. For more unusual bars £27.50/oz for a bar is probably what you would have to pay, yes it is steep but that's what it is. It depends on how much you want to have a bar like this. This is not about stacking silver, it is about collecting a bar you want. You might find a private sale - the seller might declare a spot price for the silver to help you out - they might send it over as a present and it slips through. i think if you really want a bar like this it will mean you will have to get one State side. -
By Hidden (Premium Content) · Posted
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By Stacker2020 · Posted
So I thought I would update. I didn't make it to the LCS as I got hit with a bit of a flu and spent the day in bed recovering...cue sad music! So instead I started to investigate my exit strategy and where to sell gold and silver in Budapest. At first I was shocked at the prices being offered by lots of places, buying at 50% under spot! Then I realised that searching using English was the issue. I was getting mostly 'high street' pawn shops that prey on people's lack of knowledge of the PM markets to rip them off. Once I searched using Hungarian I started to find decent buyers. Gold is easiest to sell (of course) with lots of places offering close to spot (-2/3%) but finding a decent silver buyer was difficult. After several hours I did manage to find a few decent buyers offering about 4% under spot. I'm going to keep looking and see if I can find better.
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