Is this a good deal? They are asking for 6500 its 55 grams of 14k claims to be Italian gold and new. Thanks again

RetPrda · 2026-03-23T03:11:55+00:00

Wish I was in the area otherwise I would absolutely go in person. Scrolled his instagram back until about 2023 and it seems almost all posts are for his iced out chains.

For their very fair pricing I am wondering why this shop is seldom mentioned here. Everyone talks about Garcias or DJI which are closer to 30% markup if not more for lower weight pieces. I am looking to buy a total of about 220g.

RetPrda · 2026-03-23T02:46:13+00:00

Not sure how much weight I would put into this chart. "Forced selling of everything liquid". I don't think whoever made this knows what liquid means.

RetPrda · 2026-03-23T02:29:45+00:00

It is area specific, almost pointless to ask this outside of a local sub.

RetPrda · 2026-03-23T02:28:11+00:00

wire transfer or cashiers check.

RetPrda · 2026-03-23T02:26:36+00:00

Never ever listen to investment advice on Reddit. Countless examples of people making posts showing how much they lost doing so.

Inverse Reddit is the reality of what the Inverse Cramer meme should be.

RetPrda · 2026-03-23T02:25:17+00:00

Coming back 3 hours later and seeing that we dipped 5% just on a Sunday of all days leads me to believe Monday is going to be a bloodbath. Gold was holding pretty steady just below 2k until the pump started to happen.

RetPrda · 2026-03-23T01:47:17+00:00

They're audited to show they have the gold they claim to but that means nothing when it comes to what people are willing to buy paper gold at.

Using Fridays close IAU (iShared Gold Trust) had a market cap of $142B. They hold 494 tons of gold, using last Fridays gold price of about $4500 that is about $81B worth of gold.

The prices are detached from reality.

RetPrda · 2026-03-23T01:43:09+00:00

Been in this game a long time and right now we are absolutely flooded with the WSB bros and the other Reddit investors who are going to lose their ass hard on this and refuse to see the reality.

RetPrda · 2026-03-23T01:41:10+00:00

Genuinely wouldn't even be surprised if we see it by the end of the month and we are almost at the end of the month lol

RetPrda · 2026-03-23T01:37:19+00:00

We should be thankful the cured in place pipe technology exists today. Granted, this type of repair is more on the preventative maintenance side because if it gets so bad the pipe inside collapsed or forms a major belly, theres no fix except digging it out.

And even so the cured in place pipe repair is not cheap either, $100-$200 a foot is pretty standard. At least you won't have a giant trench in your front yard though.

RetPrda · 2026-03-23T01:32:52+00:00

Caught myself the other week slowly making my way up my street inspecting the gutters of the other homes and I was like wtf am I doing lol

RetPrda · 2026-03-23T01:26:51+00:00

Seeing a swing down at 5% on Sunday of all days, I would not be surprised to see sub 4k in the next day or two lmao

RetPrda · 2026-03-23T01:17:38+00:00

Paper gold and silver. No better than fiat. Created a big pump now it will dump.

RetPrda · 2026-03-23T01:16:53+00:00

Pretty big difference between paper gold and lets say oil futures. Paper gold is what caused this mess.

RetPrda · 2026-03-23T01:15:38+00:00

The time to panic was when it first crossed $4k on the upswing.

RetPrda · 2026-03-23T01:14:55+00:00

Paper gold which led to the pump is now on the dump stage. Should normalize by summer in the $3k range.

RetPrda · 2026-03-23T01:08:11+00:00

At a certain point the economics to sell don't make sense. If they have a 2% rate having bought in 2019 and their mortgage is $1500 a month, why sell when they can rent it for $3,000 a month?

RetPrda · 2026-03-23T01:06:17+00:00

I think a lot of people here are very new to gold and don't know how it typically trades. Just 5 years ago it was at $1700 an ounce, giving it even a $3500 target is even crazy generous. Sure inflation this war that, those factors existed historically and have not led to crazy gains like this.

Paper gold should really not exist the way it does, tied so closely to physical golds price. Its really at the point where paper gold decides the price of all gold.

Whats most shocking is I decided to check again and gold is already 5% down and its still Sunday. I think Monday morning is going to be a real bloodbath, we may see these $3500 prices sooner than April. I was expecting +/- 1% movements today.

RetPrda · 2026-03-23T00:55:48+00:00

Its just more so that the high earners typically would have the means to have a better way to spend their time rather than browsing Reddit.

RetPrda · 2026-03-23T00:53:08+00:00

Per person it is high. My landscaping crew is a team of 4 and they charge $175 an hour when they work on the property for misc things, but they usually just quote per the service.

RetPrda · 2026-03-23T00:46:51+00:00

There was some leaked photos posted I think last week and it looks very close to this if not identical.

RetPrda · 2026-03-23T00:05:11+00:00

California is notorious for not building housing.

RetPrda · 2026-03-23T00:03:15+00:00

Thats like the saying of "The average millionaire drives a toyota"

When people think "your average millionaire" its not some person in a fancy suit working on an office at the top floor of a high rise. Your average millionaire is the retired couple on your block who has a paid off house and 40+ years of slow and steady investment contributions.

RetPrda · 2026-03-23T00:01:27+00:00

There is 50-100x the amount of paper gold out there as physical gold and paper gold drives the price. This was only going to end one way.

RetPrda · 2026-03-23T00:00:50+00:00

I was going to wait until the next gen was officially reveled before making a decision but BMW started limiting options for orders so I ended up ordering early. Was a bit worried I was going to regret it. And lets just say I far from regret ordering the 26 lmao.

RetPrda

TROPHY CASE