Elemetal And OPM Scandal

Discussion in 'Silver' started by Anthony T, Sep 17, 2018.

  1. Anthony T

    Anthony T New Member

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    I was wondering due to that company shutting down and their reputation would OPM silver rounds be a wrong buy and difficult to sell?
     
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    The premium you pay today should be the same as generic rounds. Ie no silly premiums.

    If you are buying large LBMA bars for investment -> don’t buy it

    In the future... it’s a gamble on the secondary market like SilverStackers, it might be worth generic premium or have a massive premium due to infamy.
     
    Last edited: Sep 17, 2018
  3. Anthony T

    Anthony T New Member

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    I was just not sure if dealers would buy them they are the generic silver rounds very close to spot as possible
     
  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Dealers will take it, but unless you know them ie have a relationship with you, they might lowball you.

    If it’s for a long haul and looking to sell during the next boom it should be ok unless you are buying many 1000+ ounces.
    Not many US stackers here but during the boom that will change :)
     
  5. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Ps if a dealer low balls you when you want to sell, walk out
     

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