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<p>[QUOTE=&quot;Juan Blanco, post: 1561382, member: 41665&quot;]Help me out here, kookoox10. <i>Why would it be otherwise?</i> How could anyone stay in business over time, just charging cost or nearly what they paid, no markup at all? </p><p><br /></p><p>Yesterday I posted a link to a refiner&#039;s price (Melt) and compared the Silver Price (Spot.) <b>When the POS was USD 31.61, .925 Silver was $29.24 and the Refiner&#039;s BID, net all costs was just $19.33 per Troy Ounce.</b> The refiner&#039;s Melt (Bid) has to be below Spot (~Ask) or he&#039;s goin-outta-bidness too. Other refiners may offer a better &#039;Melt rate&#039; but the WSJ shows Handy &amp; Harmon&#039;s industrial bullion price (ASK) was $31.685.</p><p><br /></p><p>Why anyone would even expect that (Wholesale, Industrial) or Melt (?!) from <i>retail dealers </i>is beyond my ken. Don&#039;t get me wrong - I love sweetheart deals too! - but do you really think <i>an 8% premium </i>for a finished retail product is onerous and unreasonable?[/QUOTE]</p><p><br /></p>

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