GMONEY1 Bronze ✭✭✭
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Jim is great, but picking dates is a fool's errand.
That said... my date is tomorrow... or Friday .... or Monday...
safest way ?abstinence...
(buy silver instead)
> @TimK said:
> I don't have much use for a holding account.
I said the same thing about the iPhone in 2009
Looks like the Beta army is in full force tonight! Lucky for GM; they'll have these bugs fixed in no time (hopefully).
@Melanie The silver market prices are also off on that same page.
Do y'all know something that we don't know?!?!
$516.29 per oz of silver would be AMAZING!! (based on monetary base that actually sounds about right to me)
@Campeador A few months back when I was using my credit card to purchase the status was nearly instant (maybe a few minutes) to secure the gold in my account, but I agree "instant" does not necessarily mean "now". I do think that they lock you in at the price instantly, but they are dealing with physical metal. So if they need to secure more physical metal for a particular vault due to a surge in buying, then I think that's when the delays occur.
It would be interesting if the real-time audit became even more transparent... showing what the float is in a particular vault. By "float", I mean how much bullion can actually be purchased "instantly". I might even suggest adding this transparency as an additional paid service/offering @Roy Sebag , perhaps a Personal "Premium" ... and add in a few more premium features too.
To your point, @Campeador it is helpful to know how much you/one can buy outright at a given moment in time.
For example, say I won powerball and decided to unload cash for gold on the platform; my guess is the float would not be sufficient. --- half joking on that.