181
General Discussion / Re: Gold gateway
« on: December 17, 2015, 04:25:29 pm »
Well just do the public shunning thing and move on.
It is bizarre to me he was given 50k. It is a low margin business, but it also means that there is little saved by buy purchasing wholesale. You're basically just becoming a gambler with a lot of inventory if you can't rapidly turn it over. At least the inventory doesn't depreciate I guess. I wonder what his spiel was.... hustlers and their game are endlessly fascinating to me.
It was actually a fairly long and drawn out process. The business was built over months with a lot of work from a number of people. He actually had the inventory for a while before going dark. I recall asking him now and then how the pile of PM was doing. We spoke daily over Skype.