Thread 60758627 - /biz/ [Archived: 105 hours ago]

Anonymous ID: 2bUQlaPG
8/8/2025, 7:27:38 PM No.60758627
1668454511878679
1668454511878679
md5: 0cc77637b19d123228b23446548c59cf๐Ÿ”
What's stopping me from buying cheap gold in Europe and selling it for more in the US?
Replies: >>60758638 >>60759753 >>60759776 >>60759835 >>60759855 >>60760257
Anonymous ID: nAr9CZmM
8/8/2025, 7:29:55 PM No.60758638
>>60758627 (OP)
US is broke and only finances crypto on loans. If you want to sell gold go to the saudis.They pay cash up front.
Anonymous ID: z269Iuco
8/8/2025, 11:15:19 PM No.60759753
>>60758627 (OP)
it's the same price
Anonymous ID: NuexYFZJ
8/8/2025, 11:20:41 PM No.60759776
>>60758627 (OP)
>What's stopping me from buying cheap gold in Europe and selling it for more in the US?


Usually the difference in price isn't enough to be worth the cost/taxes doing that.
Anonymous ID: W8rb5rI4
8/8/2025, 11:22:55 PM No.60759785
Customs enforcement which can be easily avoided
Anonymous ID: OjJjtXPI
8/8/2025, 11:25:10 PM No.60759796
Me
Anonymous ID: v88rYcXh
8/8/2025, 11:38:37 PM No.60759835
>>60758627 (OP)
Whatโ€™s the spread on buying/selling physical gold? I heard itโ€™s something like 5%? Iโ€™m planning on offramping some of my crypto this way.
Anonymous ID: Y2p/Rn5O
8/8/2025, 11:41:12 PM No.60759844
pretty sure thats called being a jeweler. you could also melt the gold into a chain for free if you have some skills and sell it for even more
Anonymous ID: AMM++Pbc
8/8/2025, 11:42:36 PM No.60759855
20241130_152537
20241130_152537
md5: 3f21bc897d91588df8cf5dd2e6688b95๐Ÿ”
>>60758627 (OP)
>buy so much gold on credit that you earn fly miles to be able to go.back and forth across the pond transporting gold like the gigachad himself had in 1933
Anonymous ID: /4W2zHps
8/9/2025, 1:26:49 AM No.60760257
pepeberry
pepeberry
md5: e8b522af689ec3e3d4b0d4193973eeb4๐Ÿ”
>>60758627 (OP)
The COMEX and LBMA have already been doing this for literal decades. That whole conspiracy theory about banks suppressing gold prices is really just an arbitrage trade between NYC and London exchanges. Good luck muscling in on that.