My father has recently gotten involved in "Gold trading". He's on the phone all day working on that big deal. Here is a sample of some of his e-mails, I really feel like he is wasting his time but I want some way to prove it to him. Here is a sampling of some of the e-mails he gets. There are many more, any help would be greatly appreciated. Thank You
5.0 – 4.5%, 3000MT with 200MT tranches
I am direct to my seller mandate that I know personally for 3 years and have closed with him and the same seller. My seller mandate has been in the AU business for 15 yrs. and has had a successful relationship with his seller going on 15 years. The seller has been in the business over 50 yrs.
Current allotment of 3000 MT with lift amounts of 200 mt per tranche or better.
This offer is currently being offered at a 5.0%- 4.5% Discount, if this is acceptable please let me know.
1. Our SPA is signed.
2. We set a time at our Fiduciary Bank for the TTM in Macau
3. Both POP and POF or Bank Commitment to pay according to the signed agreement against delivery. These are presented simultaneously
4. Contract commences.
If these procedures and amounts are acceptable we would like for you to confirm them via an email so that we may proceed with the requesting of the spa to you and your company
I have received new offer. With this message I send you sanitized SPA for Gold Bullion (Aurum Utalium) in Bar Form of 12,5 kg, fineness 999,5%, first tranche 20MT, total quantity 1000MT, location HSBC Bank managed Security Warehouse, Hong Kong , delivery FOB ex-warehouse Hong Kong, discount 9/7, Hallmark age less than 5 years for your Buyer review. Please see attached file. If this SPA suit to your Buyer please work in accordance with the procedure. Also we should get agreement by the commissions . If you have questions please send its to me.
I await your prompt reply.
i have a buyer who willing to purchase any quantity in Switzerland
the seller have to send to his bank officer MT600 ,then he will deposite the money to seller bank account and close the deal with R&E
noone will fly to USA in order to purchase gold in Switzerland
pls. be noted:4% commission as you write 10\6 is illigal and no respect bank will work it out according the international low from 2008
I have received new offer. With this message I send you sanitized SCO for Gold Bullion (Aurum Utalium) in Bar Form of 12,5 kg, fineness 999,5%, total quantity 1000MT, location Bonded Warehouse Free Zone at Buyer’s Destination, discount 12/8, Hallmark age more than 5 years for your Buyer review. Please see attached file. Please see attached file. If this SCO suit to your Buyer please let me know.
I await your prompt reply.
I have received new offer. With this message I send you sanitized FCO for Gold Bullion (Aurum Utalium) in Bar Form of 12,5 kg, fineness 999,5%, first tranche
200 MT further lifts to be discussed by seller and Buyer, total quantity 35,000MT, location Hong Kong, Security Warehouse, discount 7/5, Hallmark age less than 5 years, liftable fo your Buyer review. Please see attached file. Please see attached file. If this SCO suit to your Buyer please let me know.
If you have any other customers and you think it useful, please send thшы proposal to them, too. I do not have e-mail address of Mr. Kalman, if you think that this proposal is interesting for him to convey to Mr.Kalman this proposal also.
Also I send the commissions structure to Mr.Kalman.
Total commissions 2% and divided split:
1% go to the Seller side
1% go to the Seller side and divided as follows:
Buyer Mandate: 0,50% Group
Group #1: 0.15% -XXXX (Closed)
Group #2: 0.10% - XXXX
Group #3: 0.10% - XXXX
Group #4: 0.05% - XXXX
Group #5: 0.10% - XXXX
For your and Mr.Kalman informations. Mr Kraus is running tomorrow to NY. Ha has a strong buyers which shows Bank Letter tomorrow in NY. Does this Buyer is a Kalman Buyer ? If not, Mr.Kalman can meet with him in NY. If he wants to meet, he should call to Mr.Kraus today.
and i have a ton more