Markup Over Spot Fluctuations

Yes, that's truly excessive, maybe that's their over the phone price! My guess is if you go to the LCS with money in hand and talk to the dealer confidently as if to say, I'm gonna buy a gold ounce from you right now! You're gonna get a way better price than $150 over!

 

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Thank you. “And may the odds be ever in your favor!”

 

Is this really your take? If demand is such that the product is moving too fast at the current price, then you raise the price to meet the demand. If the business doesn't, they will sell out their inventory and then will be unable to replace it and continue selling at a profit. Maybe it's just me, but I think this take is a bit off...

 

We're almost there. I was checking out Apmex today and they have a deal this week on random year ASE for $42....not sure of the quantity needed but that's just about there with $23.60 silver

 

For me cost plus weigh in.

 

Not seeing prices falling even though spot is. Premiums will keep going up. I imagine dealers, even the large online ones don't want to get killed on what they bought the last few weeks.

 

22K (91.67%) gold, but they weigh more than one troy ounce, so they contain exactly one troy ounce of gold. The Buffaloes are .999.