APMEX Not allowing orders to go through all Week-end long

5 posts / 0 new
Last post
Trader
Trader's picture
Offline
Joined: 06/14/2011
Hat Tips: 268
Posts: 26
APMEX Not allowing orders to go through all Week-end long

They claim that due to market volatility they will resume orders @ 6:15PM.  This implies that they are expecting prices to skyrocket or else why would they do something like this?  If they expected prices to dump they would be selling as hard as they could.  Very strange.

Edited by admin on 11/08/2014 - 06:04
Ford Rep
Ford Rep's picture
Offline
Joined: 06/14/2011
Hat Tips: 20
Posts: 10
Spot and premiums are way high too

The spot price is way higher than say Kitco and the gold premiums are up too. Tulving is still taking orders and honouring Friday prices.

lilbromarky1
lilbromarky1's picture
Offline
Joined: 06/15/2011
Hat Tips: 2464
Posts: 292
Trader wrote: They claim that

Trader wrote:

They claim that due to market volatility they will resume orders @ 6:15PM.  This implies that they are expecting prices to skyrocket or else why would they do something like this?  If they expected prices to dump they would be selling as hard as they could.  Very strange.

Yea, they think its going to launch when it opens this weekend.  I'd do the same if I were apmex.

__________________

Like my ideas? Check our blog at: http://backtobasicseconomics.blogspot.com/

So It Goes
So It Goes's picture
Offline
Joined: 06/18/2011
Hat Tips: 2496
Posts: 359
Tulving

Hannes Tulving is an honest guy.  He's got my business.

silverbug1971
silverbug1971's picture
Offline
Joined: 08/09/2011
Hat Tips: 5
Posts: 2
I was considering switching

I was considering switching from my current supplier to APMEX but when a company claims to be open 24/7 365 and then won't accept orders because they are afraid of what the markets are going to do I find unbelievable.  Aren't they in the precious metals business which, like anything else, is risky!  Aren't they supposed to be the professionals!  Also when I checked their spot prices when they opened at 6:00pm Sunday they were inflated! I will take my business to either Tulving of Gainesville Coins.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Topic locked
Syndicate contentComments for "APMEX Not allowing orders to go through all Week-end long"