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<p>[QUOTE="C Jay, post: 442893, member: 13184"]Now would be a great time to be in the coin making business. Spot prices aren't just about paper. You can get industrial silver a less than at buck an ounce over spot from Ampex, and they are two stepping it.</p><p> </p><p><a href="http://www.apmex.com/Category/860/Industrial_Silver.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.apmex.com/Category/860/Industrial_Silver.aspx" rel="nofollow">http://www.apmex.com/Category/860/Industrial_Silver.aspx</a></p><p> </p><p>The big disconnect is from a high demand for the manufactured product, coins. If I am not mistaken the mint has churned out approx. 18 million bullion quality ASEs this year, which is 50% higher than previous years, and still they are holding what I consider to be an outrageous premium. If the true value of a mass and badly produced bullion coin is in the metal, then now is the wrong time to buy. I'm waiting until the premium is less than 1.75 on ASEs and have already sold what bullion I had, except for the ones I got from the mint where they got confussed about which die hubs to use. And all those shinny little proofs I do so love to look at. I wouldn't pay a premium for panic.[/QUOTE]</p><p><br /></p>
[QUOTE="C Jay, post: 442893, member: 13184"]Now would be a great time to be in the coin making business. Spot prices aren't just about paper. You can get industrial silver a less than at buck an ounce over spot from Ampex, and they are two stepping it. [URL]http://www.apmex.com/Category/860/Industrial_Silver.aspx[/URL] The big disconnect is from a high demand for the manufactured product, coins. If I am not mistaken the mint has churned out approx. 18 million bullion quality ASEs this year, which is 50% higher than previous years, and still they are holding what I consider to be an outrageous premium. If the true value of a mass and badly produced bullion coin is in the metal, then now is the wrong time to buy. I'm waiting until the premium is less than 1.75 on ASEs and have already sold what bullion I had, except for the ones I got from the mint where they got confussed about which die hubs to use. And all those shinny little proofs I do so love to look at. I wouldn't pay a premium for panic.[/QUOTE]
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