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<a href="http://BullionDirect.com">BullionDirect.com</a> Closed For Business posted by Augustus

Started by CSJournals-migration,

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CSJournals-migration

CSJournals-migration

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Posted

Another dealer takes it on the chin.

 

The Tulving and Kitco bankruptcies were two big ones, after the price of precious metals plummetted. Now BullionDirect.com has shut down as well. Apparently, JM Bullion has also stopped taking orders.

 

When these dealers shut down, what happens to the customers who have orders with them?

 

Apparently, Apmex has stopped buying gold and silver bullion for now as well. Although, I'd imagine that they are still buying graded stuff.

 

Thoughts?

 

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Six Mile Rick

Six Mile Rick

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Posted

Well,

We have seen it coming for a while and the signs lately tell that dealing in gold and silver are problematic!! It's time for the big drop now!! So they say. :)

 

They will be back after it bottoms and then turns upward. The timing will be slow like the drop so be patient!!

 

Later---Rick

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