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Silver Eagle pricing. I don't understand.
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<p>[QUOTE="masterswimmer, post: 8587167, member: 102022"]Make no mistake about having enough money to support the current premiums. I'm weeeell within those price points. My decision to completely stop buying Ag at current premiums is not financial but totally in protest. </p><p><br /></p><p>I know the dealers were making a good living when premiums were $.79-$1.49/oz or they wouldn't have remained in business selling at those premiums. The fact that they refused to sell at those premiums when spot hit $12/oz 2-1/2 years ago was an indicator they had inventory sitting in their safes they were unwilling to sell. I get it. They didn't want to, nor would I expect them to, sell at a loss. However, when spot soared to $30/oz they didn't resume their prior premium upcharge. That was the straw that broke the camels back for me. If those dealers were to go out of business I'd have no sympathy for them. At this stage of the game what they're doing with premiums is nothing short of price gouging. Just because they can.[/QUOTE]</p><p><br /></p>
[QUOTE="masterswimmer, post: 8587167, member: 102022"]Make no mistake about having enough money to support the current premiums. I'm weeeell within those price points. My decision to completely stop buying Ag at current premiums is not financial but totally in protest. I know the dealers were making a good living when premiums were $.79-$1.49/oz or they wouldn't have remained in business selling at those premiums. The fact that they refused to sell at those premiums when spot hit $12/oz 2-1/2 years ago was an indicator they had inventory sitting in their safes they were unwilling to sell. I get it. They didn't want to, nor would I expect them to, sell at a loss. However, when spot soared to $30/oz they didn't resume their prior premium upcharge. That was the straw that broke the camels back for me. If those dealers were to go out of business I'd have no sympathy for them. At this stage of the game what they're doing with premiums is nothing short of price gouging. Just because they can.[/QUOTE]
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Silver Eagle pricing. I don't understand.
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