Alright anons, I got an update from my friend. He went back to Walmart and bought the 2 clearance jewelry items I thought were priced below melt with the 66% discount. He spent a total of $173 with tax and the melt value works out to over $256. Since refineries pay over 90% for karat gold scrap his purchase at 68% of melt was an instant win. More expensive than I'd prefer but still profitable. I never thought that PM arbitrage was possible at big box retailers, so if larger volumes are available it could have the potential of being a pretty solid side-hustle for someone, might be worth investigating if any of you live near a bunch of big retailers.
>>20122962>A 14kt ring of that size is probably $50-$60 of melt value. Maybe $70~4g of 14k has a melt value of over $170. You're clearly not cut out for the cheapies game, apparently paying Shlomo's premiums is more your speed. It ain't for me but i guess someone's gotta keep food on the rabbi's table, lol.
>>20122972>cluelessKek, looks like you're built to pay premiums too bro.
