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<p>[QUOTE=&quot;kanga, post: 1792608, member: 9270&quot;]Don&#039;t forget, in the relatively recent past the bottom dropped a bunch in the spot prices.</p><p>The higher mark-up is probably caused as much by that situation as anything.</p><p>[Fictitious example just to make a point:]</p><p>Dealers buy silver at $2/oz over spot and sell at $5/oz over spot.</p><p>Spot drops $5.</p><p>NOW they would be taking a loss if they continued selling at $5/oz over spot.</p><p>So to avoid a loss they hold their former mark-up which now is $10/oz over spot.</p><p>Now they look like money grubbing dealers.</p><p>&nbsp;</p><p>Yes, there are ways to take care of that.</p><p>Drop the mark-up a bit.</p><p>OR don&#039;t sell their older purchases until the spot rises again; only sell what has been recently bought at the new lower spot.</p><p>But only the bigger dealers can survive this.[/QUOTE]</p><p><br /></p>

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