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<p>[QUOTE="fools_gold, post: 1173317, member: 20669"]In the past I have seen postings about the cost of purchasing from APMEX. I've always mentioned that if you don't like their pricing, just look elsewhere! I may have to start looking at that now as I'm a little concerned about their pricing lately. </p><p><br /></p><p>As of this posting, silver is at $37.77 per ounce.</p><p><br /></p><p>Their premium is $8.21 if I pay by credit card. About $1.50 cheaper if I pay by check or wire.</p><p><br /></p><p>This goes against my logic, wouldn't credit card purchasers get more of a discount because we are helping to "move" inventory? Check/wires take a little more time which means that cost of storing that inventory is longer, so shouldn't the premium be higher? </p><p>I would have thought that credit card users would get the discount no?</p><p><br /></p><p>That's like me going to a car dealership, offering 100% cash to outright buy a car. I am helping to move that inventory immediately, thus, removing it from storage and they can now replace that with another car and make another sale. Imagine if I had to pay <u><b>MORE</b></u> for the car because I'm paying in cash?? </p><p><br /></p><p>Doesn't make sense to me?[/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 1173317, member: 20669"]In the past I have seen postings about the cost of purchasing from APMEX. I've always mentioned that if you don't like their pricing, just look elsewhere! I may have to start looking at that now as I'm a little concerned about their pricing lately. As of this posting, silver is at $37.77 per ounce. Their premium is $8.21 if I pay by credit card. About $1.50 cheaper if I pay by check or wire. This goes against my logic, wouldn't credit card purchasers get more of a discount because we are helping to "move" inventory? Check/wires take a little more time which means that cost of storing that inventory is longer, so shouldn't the premium be higher? I would have thought that credit card users would get the discount no? That's like me going to a car dealership, offering 100% cash to outright buy a car. I am helping to move that inventory immediately, thus, removing it from storage and they can now replace that with another car and make another sale. Imagine if I had to pay [U][B]MORE[/B][/U] for the car because I'm paying in cash?? Doesn't make sense to me?[/QUOTE]
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