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Just Passed 100 Oz of silver!
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<p>[QUOTE="masterswimmer, post: 26133342, member: 102022"]You'd wind up in a net negative and owe cash out of pocket to make the exchange. The buyer will need to make money on the spread from what they pay you. And he'll be making money on the spread/premium on the 100 oz he's selling you. </p><p><br /></p><p>And, the space that 100 individual ounces occupies is the same space that a 100 oz bar takes up. So no advantage in the 'saves space' analogy. </p><p><br /></p><p>And finally, if sometime down the road you need cash, but don't need the value of the sale of a full 100 oz bar, you'd need to sell the whole 100 ozs. Conversely, you could sell off small increments if your total 100 ozs was owned in 1 and 10 ounce bars. </p><p><br /></p><p>IMO, your incremental 100 oz silver hoard is much more liquid, and cost effective, held exactly as you have it. Enjoy it. And if you want to hold your entire 6.857 pounds of silver all at once, balance your holdings in your hands, or in a bag. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="masterswimmer, post: 26133342, member: 102022"]You'd wind up in a net negative and owe cash out of pocket to make the exchange. The buyer will need to make money on the spread from what they pay you. And he'll be making money on the spread/premium on the 100 oz he's selling you. And, the space that 100 individual ounces occupies is the same space that a 100 oz bar takes up. So no advantage in the 'saves space' analogy. And finally, if sometime down the road you need cash, but don't need the value of the sale of a full 100 oz bar, you'd need to sell the whole 100 ozs. Conversely, you could sell off small increments if your total 100 ozs was owned in 1 and 10 ounce bars. IMO, your incremental 100 oz silver hoard is much more liquid, and cost effective, held exactly as you have it. Enjoy it. And if you want to hold your entire 6.857 pounds of silver all at once, balance your holdings in your hands, or in a bag. ;)[/QUOTE]
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