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Mar 11, 2019
1:22:05pm
BYUMizzou All-American
They're cheaper than "retail" pricing for metal, but you can find them at lower
prices than what they're selling them for elsewhere online. In addition, 7k Metals has a buyback price that is about 10% lower than what you pay for it. I imagine a lot of people will sign up and buy metal. They'll then get into a situation where they need liquid cash and sell back their metal to 7K and lose 10%.

I would imagine that 7K Metal's business model is to sell stuff at roughly market rates, then buy back at a 10% discount.
BYUMizzou
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Mark Harlan
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BYUMizzou
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