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Quote: Jack has some very hi profile clients, fairly new to him, [hedge fund types] that have been paying very high prices for his inventory. I noticed this has prompted him to inflate his offerings to accommodate their incredible thirst for high priced investment goods. Some of which however have not moved on his list like he expected.. They usually go with the most expensive item, though in my opinion they have no real knowledge of what there buying. They have spent many millions with him and with Barnett as of late. However, with a little persuading a deal can usually be had with Jack you just need to know how to make a deal with him. I have always done well. I agree the asking prices are unreal, but so is what he takes guns in at, so sometimes its a wash. |