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<p>[QUOTE=&quot;medoraman, post: 1491914, member: 26302&quot;]I agree with TC and Cloud that you USUALLY recoup this premium, but at a point OP you are right that you wouldn&#039;t. </p><p><br /></p><p>Two things going on with comparing your prices versus market. One is the market price, but the second is called basis. Basis is the difference between your buy/sell price and the market. This is what makes it hard to play the physical market game, since dealers change your basis to their advantage usually. When the market goes low in dealers eyes, they charge you a higher premium, and pay you less of a premium/greater discount when its high in their eyes. This makes any playing of the physical market difficult. </p><p><br /></p><p>If you believed the market was going up, I think the cheapest form of silver is the best to buy. Even assuming you keep ASE premiums, the premium you pay today cannot be used to buy more silver. So if silver goes from $25 to 50, you may keep a $3 premium, but that same $3 in silver you COULD have bought now is worth $6. That is the danger of paying premiums if you believe PM is going up. If its going up you wish to hold as many ounces as possible.</p><p><br /></p><p>Now, going down, premiums increase, so holding an ASE could help minimize your losses. </p><p><br /></p><p>If you want double protection, I kind of like items like junk barber coinage. You can buy it for melt nowadays, but if silver went down these would quickly be premium items again. </p><p><br /></p><p>Just a thought.[/QUOTE]</p><p><br /></p>

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