The rich are selling gold.

[Debaser82]

Quote from Anaconda:

Why are they crooks? Those housewives are total idiots, it's not like there are not other routes, which are faster for them to sell the jewelry for a much better price.

Whose fault is it that they have no idea how much their jewelry is worth?

A thief is a thief whether their victims are clueless or not doesnt makes much of a difference to me.

It's like stockbrokers pumping bankstocks on grannies 6 months ago.

 

[datamerc]

Quote from makloda:

Wealthy my ass. Nobody wealthy is applauding and acting like a happy 8 year old as they're being ripped off in a distressed asset sale.

Exactly. That is just a herd of stupid cows.

 

[KINGOFSHORTS]

Quote from makloda:

Wealthy my ass. Nobody wealthy is applauding and acting like a happy 8 year old as they're being ripped off in a distressed asset sale.

So true. And selling jewelry and they are so happy they got 480 bucks!!

They are Faux-rich. They are so deep in debt that they pretend to be rich.


To be rich you have to have true financial freedom. If you have to hock gold for a measly 500 bucks then you are dirt ass broke pawning your shit just like the guy in the hood.

 

[investwthme]

Quote from npnotesin:

At 1:17, one female gives a quote of $460 for 50.7 grams which is $9 per gram.

Gold is currently trading at $900 per oz(28.5 grams) which works out to $31.58 per gram.

These women are selling gold for 30 cents on the dollar(70% off). Of course, this calculation doesn't include storage and processing costs.

Some people will always find ways to make money of not so intelligent people.

Actually its about 31 grams in a (troy) oz.
and ~900 is for 24 K (.999)
When these customers come in, its the only thing that takes me away from trading