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<p>[QUOTE=&quot;jenkinscody21, post: 806220, member: 23194&quot;]Well you must all understand there is 4 parties involved here...&nbsp; The mint - the direct dealers from mint - the public dealers - the public.&nbsp; So you have 4 people making profits not just 1 or 2.&nbsp; And I can tell you straight forward the mint is charging higher premiums than ever.&nbsp; Lets say spot price is 15 on silver.&nbsp; The direct dealers of the mint are paying about 17.25 to get from them.&nbsp; Then for them to pay a profit they are charging 3-6% over what they got it at when the sell it to any of the public dealers which then brings our price to 18 dollars..&nbsp; Then those public dealers are charging 4-6% to general public so they can make their profits as well bringing the grand total of an investor to 19-20 dollars..&nbsp; When its all said and done, thats a 25% markup on spot.&nbsp; But when the mint lowers their premium, the final cost is reduced as well.[/QUOTE]</p><p><br /></p>

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