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<p>[QUOTE=&quot;medoraman, post: 1324682, member: 26302&quot;]Also after the market dropped and continued dropping, the pay price of dealers was much lower that today as a percent of spot. There were loads of newspaper articles in NN and CW of everyone lamenting this, dealers defending themselves, yada yada. I would say between 82 and 87 almost every month someone would complain about it in these magazines, and if someone looked at offered buy prices they would see what the ratio was versus spot, but the dealers said they cannot afford to pay more since no one was buying, as they all expected it to continue down. I didn&#039;t keep any of these magazines or newspapers, I only keep old issues of items like The Celator, ONS, ANS and other publications that have lasting value.</p><p><br /></p><p>Also, on spot with your comment DW, when silver almost hit $50 this spring, was anyone able to sell for close to that? I called around to 5 local dealers, and 4 national ones, and at $49 plus silver the best offer I received was 29x face. My point was in a declining market, but you point is excellent as well DW, and they both deal with dealer expectations of the market severely limiting a physical PM owner&#039;s potential profit.[/QUOTE]</p><p><br /></p>

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