I have bunch of gems on my computer that I want to use in a chef recipe.

I know it is possible to put them in a directory like /tmp/gems and just:

cd /tmp/gems
gem install *.gem

Is it possible to put all gems in one directory where I can install them with bundler without downloading them again?

cd /somedir/my_rails_project
bundle

I want to save bandwidth.

ruby caching rubygems bundle
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