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People are buying the shit out of gold.
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Original Message
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I've been watching some ebay "DAILY DEAL" sales since last Wednesday 4/10, and I am not going to link them as it would get the thread deleted for promoting, but if you watch some of the bigger sellers, people are maxing out orders of 10 bars, multiple times a day. One user bought over 240 ounces in one day.
Look for sales, not auctions, where the price is VERY close to spot, and you will see what I am talking about. Usually those will say 5,000+ sold.
Thing is, you can't see the full user name to see if the Chinese are buying gold from Americans, as you cannot export gold from China... AKA, they are hoarding it.
Most of the sellers now have "limited quantity available" showing, and in those, you can no longer see the past sales.
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