Silver now has an $8.00/oz. premium? | |
Anonymous Coward User ID: 77832779 Canada 05/22/2020 02:53 PM Report Abusive Post Report Copyright Violation | |
MarPep User ID: 78937396 United States 05/22/2020 03:24 PM Report Abusive Post Report Copyright Violation | Am I reading that correctly? Quoting: Anonymous Coward 78595288 Silver trading at $17 per ounce but selling through JMBullion and others for $25/ounce? Who would pay that? [link to www.jmbullion.com (secure)] looks like a $4 premium to me. and $3 if you buy in bulk. $2 /oz if you buy a 62 pound bar. Then try to coin that yourself? Save the trouble—buy coins from reputable mints. _______________ They let me off with a warning and a couple of bullet holes. |
Anonymous Coward User ID: 71326066 United States 05/22/2020 08:01 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69667897 United States 05/22/2020 08:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 67511492 United States 05/22/2020 08:35 PM Report Abusive Post Report Copyright Violation | I don't have much faith in silver as an investment, but anybody who's buying physical silver with an $8/oz premium is nuts. The Premium is the difference between the paper market and the physical market. In small quantities, you can get physical for the paper spot price. When you want to get physical some 2000 ounces or so, then you start to pay the actual physical price. |
Anonymous Coward User ID: 69667897 United States 05/22/2020 08:42 PM Report Abusive Post Report Copyright Violation | I don't have much faith in silver as an investment, but anybody who's buying physical silver with an $8/oz premium is nuts. The Premium is the difference between the paper market and the physical market. In small quantities, you can get physical for the paper spot price. When you want to get physical some 2000 ounces or so, then you start to pay the actual physical price. If you are a silver stacker, and want to sell physical silver, you will get the SPOT price. Stop bullshitting. |