Product Added to your Cart
x

-------- OR --------

Beware of Buying Bullion Not Held by New Zealand Suppliers
Monday, 23 March 2020 - 0 Comments
Beware of Buying Bullion Not Held by New Zealand Suppliers
Over recent weeks you will have noted a bit of movement in the bullion market. This is not entirely unexpected noting current events unfolding on the international stage. The various bullion cartels have circled the wagons and repeated their practices from a few years back; namely premium hikes and production slow down. But stackers, continue to buy with your head not your heart. Now is not the time to risk your hard earned dollars. Whatever you do don't purchase bullion that suppliers do not hold here in New Zealand and can provide to your in mere days. Suppliers more and more are forcing you to unnecesarily accept long lead time delivery bullion which is a load of bollocks. This shows weakness in business models where suppliers do not trust the market enough to hold sufficient physical stock on hand to provide continuity of supply. It also distances them from their supply chain in some instances and thus reduces their accountability (drop shipping). There has been a number of occasions where hard working mums and dads have forked over their hard earned dollars only to be shafted. The two main cases are Grace Holdings (NZ) LTD add more recently Kiwi Bullion. Do your research. Simply put, there is no reason you have to wait to take physical possession of bullion. Accepting anything else is quite frankly risky to you. This week they say a few weeks, next week it will likely be a month and by the time you finally receiving your bullion you will have potentially missed out on opportunites to exploit gains. In every instance that you buy and wait; you carry the risk.
Posted by Dave
Leave a reply
Optional, for replies


No comments posted yet, check back soon.