There has been some heated exchanges on this forum about what's a fair ratio for gold/silver trades! I have been trading gold for silver since the ratio was about 1/45 and it's always been difficult getting people to part with their silver for gold; not the other way round. From experience, a fair trade amongst members and one that is likely to have any success is a straight swap based on the ratio of the day. Generic gold bullion for generic silver bullion with a ratio adjustment if one of the party is offering premium bullion.
^^^^^^^ and also, if the stacker with the gold initiates the swap ( the swapper ), then they, at least pay the postage for the silver, and the swappee, picks up the tab for the gold postage !
Maybe listing if premiums will be considered or not will make swaps easier. Sort of eliminate what won't be considered.
I think the person holding the gold gets burned. Silver has 20% vat, at least in my country and if I swap 1 ounce of gold for the equivalent amount of cash in silver i lose 20% of the value?!? Or are my thoughts flawed?
