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RSGP Gold Rental Idea

RSSeller2010Phats

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Two Factor Authentication User
Doge
Dragon Ball
Lawrence
Hey Guys I have a theory,

My Theory is: "Is it Possible to Rent Gold?"

(Long Description, Look ahead to find the Short Description)

What I'm getting at:

I Pay 0.45-0.55/M (An Avg. Price/M) Paid via Either Paypal/Western Union/Moneybookers/Liberty Reserve ETC, But I return (Refund in a way) the gold to the person in 2-3days after having it with a Fee of say '%5'.

The actual Owner of the Gold (after 2-3days) would recieve their Money + %5 of the Money they Lent,

How It Would Work:

Use an OMM when Recieving the Gold, the Owner recieves the IRL Money before the Gold is sent to the Buyer, the Owner Confirms and then the OMM sends the Money to the Buyer.

(2-3 Days Later):

Use the Same OMM (If Possible) to hold the Money that the buyer has + the %5 Fee, E.G: 3B RSGP + 150M = 3150M the OMM would be Holding, then have the Owner of the gold send the Money back then the OMM hand the full 3150M back to the Owner.

(Short Description)

Its Basically just refunding the order with the Owner of the Gold benifiting of %5 of the gold the Lent.

I was wondering if this is Possible,

Thanks :)
 
Two Factor Authentication User
<3 n4n0
Extreme Homosex
Gohan has AIDS
I think this idea would work. On the other side I think noone would be interested in this kind of service.

Gl with it!
 
Two Factor Authentication User
Doge
Dragon Ball
Lawrence
so like a loan you get from the bank. but im pretty sure people wont rent it when they can buy it for a little bit extra

IK thats True, but If your not wanting to purchase it and just use it for 1-2days I think this would work.
 
A few problems.... WU fee's are around 8% each way if you use that. No one accepts direct paypal, PA fees are like 12%..
 
Two Factor Authentication User
Doge
Dragon Ball
Lawrence
A few problems.... WU fee's are around 8% each way if you use that. No one accepts direct paypal, PA fees are like 12%..

Money Bookers/Liberty Reserve.
 
Connect 4 Champion
Green Finger
For people who might be interested I'd suggest you check out the thread of people looking to compete in the 5v5 tournament because they all want torva/pernix/virtus and other good gear, but don't really need to keep it.

Also, if the term were a couple weeks instead, I might be interested in a loan for something I'm working on.

Edit: link to the aforementioned thread: http://sythe.org/showthread.php?t=1165074
 
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