RecurrentSea

For Sale: $250 Shipped

Numismatic Lot with variety. No cherry picking. Over $350 in sheet value. Want it gone.

Comment or DM to claim.

Thank you

Which one are you?



💰

I’ll be the first to admit - I’m not an expert, and I can’t predict markets like some of the soothsayer accounts on here.

But, I think, I understand business on a micro level.

Not all, but a lot of my local shops, we’re buying hand over fist at sometimes jaw-dropping discounts. If you wanted to buy anything from them, they were charging some hefty premiums as well.

They were winning on every side of the deal.

The narrative was no one wanted to catch the falling knife. Volatility had them spooked.

I get that.

That’s the risk a lot of us assume as stackers, or as investors in general.

My issue is - not everyone is just selling.

There’s plenty of buyers.

Refiners aren’t the only place to sell, but when you’re grabbing commodities at a ridiculous discount and snapping up more capital to buy by charging insane premiums on those same commodities, so you can rinse and repeat by stuffing refineries, rather than servicing clients…

Well, you reap what you sow.

In a market where no one wants to lose, almost everyone does, except a few.

I hope a lot of these shops are still around in a few months.

One place I called, sounded like they were on the verge of tears.