Huge divide between Spot and Physical

Discussion in 'Silver' started by 1for1, May 6, 2011.

  1. 1for1

    1for1 Well-Known Member

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    hey,

    Just been lookin round for a decent supplier for like 20 one ounce rounds..

    Seems like 40 is the best i can get... madcore + over spot...

    So whats the deal..

    Spot is back to being NOT

    Keep Staking Physical... anything else is bogus... end game is near..

    Screw the shorts... where o where are my ounces at or near spot... answer... somewhere around +$8 over spot = BS..

    Check yo self and figure it out...

    Paper silver is for shorties.. get large and join the end game my bros...

    1 for 1
     
  2. fishball

    fishball New Member Silver Stacker

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    Coins have always had a premium over spot. Ten dollars premium is not unheard of especially in Kooks.

    I know I could get silver bars which are 3-5 dollars over spot/oz so currently I wouldn't say the prices for physical and paper have decoupled yet.
     
  3. Mickroy

    Mickroy New Member

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    Just been checking out bullion bourse... 20 x $38.55 for Koala's which is pretty win.
     
  4. vacantroom

    vacantroom New Member

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    Just did the same thing. Now I'm going to bed to sulk.
     
  5. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    It's not just coins... PAMP 1 Oz bars are about 50% over spot. go figure...
     
  6. 1for1

    1for1 Well-Known Member

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    Thanks, ill order some from Bullion Bourse, they are $41.10 now.. should of got last night. I think ill grab a tube of the half ounce ones.. thanks
     
  7. bulliondeals_au

    bulliondeals_au New Member

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    if it helps, we have buffalo buffalo monster boxes on special this weekend at around $3 over spot including delivery.
     
  8. hem9

    hem9 Active Member Silver Stacker

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    It's not only the dealers most sellers in this site have huge premiums on their silver. I can't justify buying or selling with a 26% premium so I am just in a holding pattern now unless reasonable priced items come back (except numismatics which are not based on spot)
     
  9. hiho

    hiho Active Member Silver Stacker

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    what about these can you deliver 10 of these immediately, 4047.86 is a good price for 10x10oz

    [​IMG]
    Source:
     
  10. bulliondeals_au

    bulliondeals_au New Member

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    Same as always, min 15 day delivery but these seem to be moving much quicker than some of the other products.
     
  11. hiho

    hiho Active Member Silver Stacker

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    hmm thats a good buy especially free delivery and the $50 discount makes them $399 a bar :cool:
     
  12. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    $36.00 a coin ... Certainly a possibility.
     
  13. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Yeah got ten of them yesterday. Seems to be best for coins atm.
     
  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    $7/oz over spot is a good price?
     
  15. hem9

    hem9 Active Member Silver Stacker

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    That's what I'm saying over 20% for bars is insane
     
  16. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I am with you in this. That's insane.

    BB has 10x10oz for $3,745.22 and even I thought that was still high.
     
  17. fishball

    fishball New Member Silver Stacker

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    Yeah BB offering some good prices but still a decent premium :(

    eg. Koala 1ozers are $8 over spot each but if you buy 100 then its $5 and most others are 7-8 over spot :(

    Really wanted to buy some rabbits but no 1oz on their site
     
  18. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Food usually has hundreds of percent mark-up, Chinese made clothing in Australian department stores can have 500% or more mark-up, glasses, tyres, Jewellery, electricals can be 30-100%... Metals are unique in that the bulk international wholesale price is published every minute. If wholesale prices for everyday retail items were freely available when you went shopping there would be riots.
     
  19. The Accountant

    The Accountant New Member

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    EPTMAG is always at a discount to spot if you are happy to chance your arm on ultimate delivery one day if needed. Good low cost way to trade however.

    Made a few fiats trading these little beauties - getting physical is always the challenge which only goes to reinforce our views on Ag fundamentals. :p
     
  20. Nugget

    Nugget Well-Known Member Silver Stacker

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