^ That was your 1000th post. No wait, it could have been another post on another thread that was the 1000th. Nevermind.
Im looking at BullionBourse. A 5oz bar would cost me $38 per oz, includes postage.. The premium seems a bit steep since spot is $31 yet there selling for about $37 per oz.
That's weird then, usually they're cheap. On Bullionmoney 10oz dragons are $357 which seems like a decent price. Might need to shop around, or BB hasn't updated prices.
Hmm are u sure? 1KG perthmint bar is $1,137.82 $1,137.82 divided by 32.15oz = $35.50 per oz so $4.50 over spot which is like 11-12% premium plus the postage fee. I failed maths though, so I could be wrong the Scottsdale 5oz bars are $185 which is like 20% premium:/ Unless they havent updated prices but I cant see prices going much lower when they are updated anyway, because Silver was as high as $30 yesterday anyway....
Scottsdale bars are high premium bars though... 5oz I assume is the prey bar, they're not cheap. If you want low premium you buy KG or 10oz bars. Even the 'premium' stacker bars are $350 on bullionmoney. Surely you can get Perth Mint 10oz bars cheaper and kilos even more cheaper.
My limit for % over spot is 5%, if more... I look for other types to buy when prices are down. Wanting eagles or maples... $3 over spot, but I found 3 one kilo for $1 over spot, one Friday and two Today. As I was leaving someone had 40 1/2 pound eagles they wanted to sell. I hope they still have they in the am... last time I purchased they were $1 over spot.
Going by the current price on the website.... http://www.perthmintbullion.com/au/Buy-Silver-Bars/1kg.aspx?size=27 Based on their Ask price, it's around 3.4%: It's difficult to base it on other spot charts such as silverprice.org, because it seems the PM update their website prices in longer intervals. e.g. This would be 5% of silverprice.org spot The above total has been lower and higher than their websites price during the time writing this post. @_@
Hi all I frm Singapore ,ever since price drop in sin all online sliver dealer all out of stock,,!! Should I go bank buy paper sliver,.? All bro pls advise
Some people may suggest buying paper silver and then later selling it for physical when physical becomes available.
Well I pulled the trigger, 20 more oz, cant afford more till next pay. Until then, I expect big volatility in the spot price....hopefully to the downside
