Strategy To Trade Physical Precious Metals (Low Budget)

[@ericorinel879]

Hi Damien, I am a client of Gold Avenue 🇨🇭 They’re very good and professional

[@rakandathan]

Damien, can I ask how much capital is needed to start a small scale physical commodity trading firm that trades commodities like aluminium. I just need a rough estimate and not an exact figure. Thank you very much Damien.

[@damienwursten]

I would start with a minimum capital to finance at least one container

[@rakandathan]

@ Yes thank you but do you know an approximate of how much that first container is going to be?

[@ericorinel879]

⁠​⁠​⁠@@rakandathan 20ft container is about 20 metric ton. Aluminium is roughly $2,500 usd /mt…+ container acquisition or rental, shipping costs depending port of origin and destination, insurance, logistics, custom taxes, etc. A bit of calculation and you there

[@jaipan5720]

What is .the name of your company

[@diegomahecha4683]

Damien, I'm based in Texas will they work been overseas?

[@damienwursten]

Yes they serve a customer base worldwide.

[@vikingpaateil115]

HI DAMEIN, COPPER CATHODE IF SUPPLIER CAN SUPPLY TO BONDED WAREHOUSE..CAN WE CRACK UP DEAL

[@damienwursten]

Lol, sure if you do. I don’t believe one second that is possible. Cathode are sold before they are produced.

[@Cheesecake98712]

I’m in Zambia Damien are you able to refer any legitimate suppliers for copper cathode? I’m always willing to invest in pre financing as well. Thanks!

[@Cheesecake98712]

@ does he work with a mine? Do you have a contact?

[@damienwursten]

Dont, you are going to get scammed.

[@Cheesecake98712]

@ I found a legitimate mine I’ll let you know if I get scammed. Thanks