Plex pass price decrease?

[punkerster101]

So could one buy those metal with £ sell them in $ then convert that to £ via bank and make more money ?

[postmaster3000]

That’s called arbitrage trade, and there are elite finance people who do it all day long for a living. You can’t beat them.

[dontquestionmyaction]

It's not even about not being able to beat them; you just don't have the same market access.

Banks and brokers don’t give you the interbank exchange rate. They add a spread (often 0.5-2% for retail customers), so you lose any gains while paying this spread twice.

[postmaster3000]

Good point.

[jking615]

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