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Mover Mike

Mike is a retired stock broker, and now supports his wife's furniture business. He is her warehouseman, deluxer, and marketing guru. In addition, he writes poetry and finds abundance, health and joy in the world around him while pondering life's little mysteries

Any Gold Sellers Out There?
Here's a hoot!

I received this email today:

I was wondering if you could help me with something. I am looking for large orders of gold bars to buy at a discount. Very large orders. It’s for an asset management firm. I am looking for the following : 12.5kg bars (400oz), 999,5% or better. Target price LMER 2nd fixing. Discount 8%-10% gross. We will provide LOI, NCND &MFPA after which FCO is required. Do you know any sellers.
I replied: With Central Banks short 10,000 to 15,000 tons of gold, why in the world would anyone sell you size at a discount? No I can't help you.

Note to readers: If you are stupid, I can put you in touch with the buyer.

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Posted by movermike on Friday July 28, 2006 at 9:43pm

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