If you live in a city with a decent size manufacturing scene you could also absolutely buy a million dollars worth of metal from a supplier in town. Especially higher end alloys and metals
But I think it’d probably be easier to buy a million dollars worth of jewelry.
Gold jewelry doesn’t have as much inherent value as bullion, so it would be harder to sell without losing money. And in 24 hours I could easily drive to a big city for the purchase (or just book a flight with a tiny fraction of the money).
If you live in a city with a decent size manufacturing scene you could also absolutely buy a million dollars worth of metal from a supplier in town. Especially higher end alloys and metals
But I think it’d probably be easier to buy a million dollars worth of jewelry.
Gold jewelry doesn’t have as much inherent value as bullion, so it would be harder to sell without losing money. And in 24 hours I could easily drive to a big city for the purchase (or just book a flight with a tiny fraction of the money).
I don’t think you have to sell it though? At least not from reading the original post
But a million is also not that much. I’d imagine any jewelry store in a mall has multiple millions worth of inventory
I don’t have to sell it, but I assume I’ll want to eventually. And yeah a million isn’t really that much for a precious metal shop anyways.