How to beat the bullionvault.com bots

Beating the robots
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As you'll have worked out BullionVault bots spend all day
posting gold prices on the order board.

Here's a simple strategy you might use to gain a small advantage over
them.

A bot usually makes a price which is more competitive in smaller
quantities. For example:

+----------------------------------------------------------------------------
+
| $USD Zurich | $13,615 | $13,620 | $13,630 ||| $13,655 | $13,665 | $13,670 |
| | 7kg | 2kg | 0.75kg ||| 0.75kg | 2kg | 7kg |
+----------------------------------------------------------------------------
+

You may be able to persuade it to sell you more than the advertised
0.75kg at that best price of $13,655. So if you want more than is
immediately available you could try just buying what's available at
the best price, and seeing what happens.

There's a good chance the bot will decide that the old price is still
valid, and come back offering more gold at the same price shortly
after.

Why is this? Why does the bot not just offer more in the first
place? Well, it's because the bots are programmed to realise that
they may not have the best information. There's a good chance that
you know something they don't. So after each sale the bot waits a
while, and then rechecks all its sources of gold prices.

If everything checks out it will probably post the same price again.

So the reason you get a better deal buying gradually in this way is
because it gives the bot the extra chance to check it's not
accidentally selling gold too cheap. BullionVault wants to be
incredibly good value, but not stupid!

Of course it's not a guaranteed strategy. If the price is on the move
the next price posted could be quite a bit higher, so you need to
choose your moment, but this is just one of a whole range of
strategies which you can use on BullionVault to improve the terms of
your trade.

If you'd like to know how to squeeze inside the price and buy even
cheaper why not go to BullionVault's help system and read about
beating the best buying price in the 'how to do it' section.
There's a link to the help system below.