Message:

<p>[QUOTE=&quot;-jeffB, post: 8507105, member: 27832&quot;]I always pay less attention to <i>premium</i> than to <i>spread</i>. If I have to pay 50% over spot for an item, but I&#039;m confident I can <i>sell</i> it at 50% over spot, I&#039;m happy enough. Conversely, if I can get it at spot, but can only sell it at 20% or 30% behind spot (i.e. 40% halves or low-fineness world silver), I&#039;m not interested.[/QUOTE]</p><p><br /></p>

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