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Please do the math every time you buy: It's rarely a good deal
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<p>[QUOTE="myownprivy, post: 3911365, member: 84588"]It's not about timing. It's about the premium at that moment. In fact, a $2 premium on an ASE today is much better than a $2 premium on an ASE a year ago.</p><p><br /></p><p>Nov 18 $14.42. $16.42 for an ASE then is a 12.2% premium</p><p>Nov 19 $17.10 $19.10 for an ASE now is a 10.5% premium</p><p><br /></p><p>The premium is what matters most, not the total cost. The reason is because we can have no idea what will happen to the price of the metal, so buying based on the premium is the best way to protect our investment. The only thing we can know is what the price of silver is today. So the closest we can buy to spot, the better. </p><p><br /></p><p>I can recall plenty of times over the last several years that I purchased Silver Maples at premium percentages of under 6%. You just need to pay attention to JmBullion, Provident Metals (now the same company, unfortunately), and other online dealers.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3911365, member: 84588"]It's not about timing. It's about the premium at that moment. In fact, a $2 premium on an ASE today is much better than a $2 premium on an ASE a year ago. Nov 18 $14.42. $16.42 for an ASE then is a 12.2% premium Nov 19 $17.10 $19.10 for an ASE now is a 10.5% premium The premium is what matters most, not the total cost. The reason is because we can have no idea what will happen to the price of the metal, so buying based on the premium is the best way to protect our investment. The only thing we can know is what the price of silver is today. So the closest we can buy to spot, the better. I can recall plenty of times over the last several years that I purchased Silver Maples at premium percentages of under 6%. You just need to pay attention to JmBullion, Provident Metals (now the same company, unfortunately), and other online dealers.[/QUOTE]
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