Gold import

[TheSilverSurfer]

Hello there dear friends,

Its been a while.... Been doing some research

I think I have found a place where I can buy 22k Gold below the market price. I'm gonna check it out soon and if eerything is good ill buy some.

Would anyone here be interested in buying the gold i might import? And if so? Under what conditions ? You'll probally get it at spot price

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Added 0 minutes later...

To be fair, I dont have a lot of experience in import export, so if you guys have any tips, that would be a tremendous help for me

 

[NRSovereign]

Who would sell gold under spot apart from Gordon Browne 🤔

[TheSilverSurfer]

2 minutes ago, NRSovereign said:

Who would sell gold under spot apart from Gordon Browne 🤔

local mining groups in the amazon, angola, namibia. When u get to the source you can get it cheaper. But it has alot more risk. Going into the amazon to buy some gold with cash might be a suicide mission xD. But im willing to risk it.

[NRSovereign]

🤔🤔 this reminds me of the recent video on this forum about “dirty gold” 🤨🤨

[TheSilverSurfer]

Just now, NRSovereign said:

🤔🤔 this reminds me of the recent video on this forum about “dirty gold” 🤨🤨

Whats dirty about it?

 

[NRSovereign]

 

[TheSilverSurfer]

Ah I understand u mean like illegal mining activities....

The guys ive talked with are pretty cool. they even showed me goverment documents. showed them to the embassy and they confirmed and its cool.

but i guess im not talking with businessman but with end consumers 

[Martlet]

Your largest problem isnt going to be importing, its selling it on.  You need to verify the purity, so pay for it to be assayed, or melted in to approved bars (Bairds might do this?).  If you get cheap enough it might work out, set yourself up as a brand, just think through the whole process not just importation. 

[TheSilverSurfer]

1 minute ago, Martlet said:

Your largest problem isnt going to be importing, its selling it on.  You need to verify the purity, so pay for it to be assayed.  (Bairds might do this?)  If you get cheap enough it might work out, set yourself up as a brand, just think through the whole process not just importation. 

thanks for the constructive critisism! 

[Varus]

As a private person you must pay VAT, because it is not monetary gold. Monetary gold has a special geometry and fineness.

 

Coins: min. 90% Au

Bars: min 99,5% Au

[sovereignsteve]

36 minutes ago, TheSilverSurfer said:

Hello there dear friends,

Its been a while.... Been doing some research

I think I have found a place where I can buy 22k Gold below the market price. I'm gonna check it out soon and if eerything is good ill buy some.

Would anyone here be interested in buying the gold i might import? And if so? Under what conditions ? You'll probally get it at spot price

---

Added 0 minutes later...

To be fair, I dont have a lot of experience in import export, so if you guys have any tips, that would be a tremendous help for me

 

Sounds like a risky business, you'll need to get it very cheaply to justify all the risks and effort.

Also I'm not sure who your customer base would be. I can't believe you'd be able to sell at spot to private customers. Why would they buy gold in a random state at 22 ct when you can get nice coins and bars for very little more? Too much risk unless you were looking to park some dodgy money somewhere.

I would think you would need to be selling at melt prices that someone like HGM would buy for.

 

 

 

[TheSilverSurfer]

3 minutes ago, sovereignsteve said:

Sounds like a risky business, you'll need to get it very cheaply to justify all the risks and effort.

Also I'm not sure who your customer base would be. I can't believe you'd be able to sell at spot to private customers. Why would they buy gold in a random state at 22 ct when you can get nice coins and bars for very little more? Too much risk unless you were looking to park some dodgy money somewhere.

I would think you would need to be selling at melt prices that someone like HGM would buy for.

 

 

 

I dont know, maybe melting them and turning them into my own coins! Maybe backyardbullion want it so he can make coins of it haha. But it's important to do everything correctly and according to the law. Really not in the mood for any trouble lol 

 

[Roy]

47 minutes ago, TheSilverSurfer said:

local mining groups in the amazon, angola, namibia. When u get to the source you can get it cheaper. But it has alot more risk. Going into the amazon to buy some gold with cash might be a suicide mission xD. But im willing to risk it.

Are you serious?

I love a good adventure, but?

[TheSilverSurfer]

2 minutes ago, Roy said:

Are you serious?

I love a good adventure, but?

yeah definitly 

 

[Roy]

Good on you!

Have you ever been to these countries before?

[TheSilverSurfer]

Nope lol, going there for the first time. But I made a friend online. He is from the same native country (The Netherlands) online he has been living there for 20 years so he is going to help me stay alive lol 

 

[Roy]

Sounds very 'character building'!

The African countries are safe enough, I guess. Perhaps stay away from the DRC (I suspect it will come from there anyway).

Don't take any money with you. You can work out a safer way to transact.

I'll admit I'm sceptical, but if you have the spirit.. 😀

[TheSilverSurfer]

Thanks Roy, I appreciate your support! You sound like a cool guy!

[Melon]

57 minutes ago, TheSilverSurfer said:

Ah I understand u mean like illegal mining activities....

The guys ive talked with are pretty cool. they even showed me goverment documents. showed them to the embassy and they confirmed and its cool.

but i guess im not talking with businessman but with end consumers 

 

10 minutes ago, TheSilverSurfer said:

Nope lol, going there for the first time. But I made a friend online. He is from the same native country (The Netherlands) online he has been living there for 20 years so he is going to help me stay alive lol 

 

Sounds to me like you're on the receiving end of a scam. If you turn up at some place in Africa expecting to buy cheap gold from someone you've never met but have shown you their "government documents" online that you have zero way to authenticate, I strongly feel you'll be leaving with no gold and no cash. The friend you met online, supposedly from the Netherlands, sounds like a classic setup to me. There's always a trusted middle man ready to help part you from your money. 

I may be wrong, but I wouldn't go anywhere near this if I was you. 

[sovereignsteve]

I'm all in favour of initiative and enterprise but all the elements of this proposed venture are high risk; "unsafe" countries, frontier mining, high value gold, cash, importing high value items, certifying quality of product, personal safety etc.

Personally I wouldn't rule out doing something similar (a few years ago obviously😀) but the gross profit margin would need to pretty substantial to justify all the risks. If you can't get it cheaply enough to sell below spot and make a big profit, I would personally walk away.

[mr-dead]

There are well known scams in this area so tread very carefully.

[daca]

51 minutes ago, Varus said:

As a private person you must pay VAT, because it is not monetary gold. Monetary gold has a special geometry and fineness.

 

Coins: min. 90% Au

Bars: min 99,5% Au

Very, very true.

[silenceissilver]

I can only second what melon and sovereignsteve have said. I don't think there is a way it could be profitable, assuming everything goes right for which the likelihood is very, very small. Everything you want to do is done on a professional scale anyway, buying raw gold from these countries, refining it, selling it here etc and the professionals have the economy of sacle on their side, compared to you. The margins in the gold business are small even for the professionals. Your question if someone here wants to buy it indicates you have no plan how to make it profitable. That is, if it works out. To be honest, I think you will be lucky to only lose your money and come back alive.

[jultorsk]

Hope it's not these guys... 🙄

 

[sovereignsteve]

I'm curious as to how big a crate of diamonds is😳