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<p>[QUOTE="goldcollector, post: 2588318, member: 9088"]Its very hard to find it under $20 an ounce which is a horrible premium over the current $16.90 spot.</p><p><br /></p><p>Jm Bullion, Apmex, and Provy are all at 14X face even if you buy a $500 bag. If ur buying in $10 or $100 increments its more like 14.5X. Current spot would dictate 12X face.</p><p><br /></p><p>Its been my experience that those 3 online shops are the best prices one can find. LCS always wants more and pretty much everyone selling on sites like this want more. There are a couple ads to sell on this site. The cheapest is 15 X and it goes up to 20 X.</p><p><br /></p><p>I would say 14X is the best you are going to find right now. And that should be a NO BUY because you probably need $21.00 spot or higher just to break even.</p><p><br /></p><p>Now I know a lot are going to claim they are getting it for 7x or 8x. There are some who always find their PM at 25% of spot but for those of us who actually buy the stuff for real you are going to be paying a hefty premium over spot for any silver, even "junk" 90%. That's just one more reason to get out of the minor leagues and promote yourself to the major leagues -- GOLD. You never have to pay a 20% premium for gold. With silver the seller charges you a 20% premium they make $3. With Gold they charge you a 3% premium they make $35. You only need a 3 % spot increase to break even. With silver you need 20%, probably more because buyback is under spot as well. Gold buyback always at spot.</p><p><br /></p><p>I wouldn't count on either gold or silver to be gaining 20% anytime soon.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2588318, member: 9088"]Its very hard to find it under $20 an ounce which is a horrible premium over the current $16.90 spot. Jm Bullion, Apmex, and Provy are all at 14X face even if you buy a $500 bag. If ur buying in $10 or $100 increments its more like 14.5X. Current spot would dictate 12X face. Its been my experience that those 3 online shops are the best prices one can find. LCS always wants more and pretty much everyone selling on sites like this want more. There are a couple ads to sell on this site. The cheapest is 15 X and it goes up to 20 X. I would say 14X is the best you are going to find right now. And that should be a NO BUY because you probably need $21.00 spot or higher just to break even. Now I know a lot are going to claim they are getting it for 7x or 8x. There are some who always find their PM at 25% of spot but for those of us who actually buy the stuff for real you are going to be paying a hefty premium over spot for any silver, even "junk" 90%. That's just one more reason to get out of the minor leagues and promote yourself to the major leagues -- GOLD. You never have to pay a 20% premium for gold. With silver the seller charges you a 20% premium they make $3. With Gold they charge you a 3% premium they make $35. You only need a 3 % spot increase to break even. With silver you need 20%, probably more because buyback is under spot as well. Gold buyback always at spot. I wouldn't count on either gold or silver to be gaining 20% anytime soon.[/QUOTE]
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What are you all paying for 90% junk?
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