SilverSpurs
New Member
Monopolize if they did that then it would shattered their reality.
disconnect between paper and physical
- Thread starter Alfie
- Start date
I think that too many conspiracies abound with regard to unallocated silver. I hold some with ABC bullion and I have no doubt at all that if I wished to pay the barring costs that my silver is there to be had. Not all unallocated is imaginery. I am sure that the bullion companies have rules regarding the unallocated silver. I would have no hesitation in buying unallocated from the Perth mint for example. It provides the flexibility while being securely stored. Quick to buy and quick to sell.
I feel sorry for you stackers buying at spot plus the high premiums. If you can identify those pricks holding you down and making you buy, I'll get my guys around to give them a good talking to.
How about the stackers who don't believe that there should be a gap between paper and physical sell me there 1966 50 cent pieces at spot plus 12.50%?
How about the stackers who don't believe that there should be a gap between paper and physical sell me there 1966 50 cent pieces at spot plus 12.50%?
Alfie
Active Member
tolly_67 said:
I have a small unallocated PM holding as well for the same reasons you mention and today I agree with you about it being regulated and accounted for, but is it like the rules and regs the Comex is/should be adhering to?
If the S was to hit the F we will both find out quickly how strictly the rules were adhered to, this is of course a risk I am willing to take
My question relates to holding physical PM and my example is the 2013 1 Oz Kookaburras , so anything outside that (physical) is theoretical or imaginary
Alfie said:
Yes you correctly pointed out that the premium has gone up as a percentage as spot has dropped, but I was trying to explain that is expected and does not signal any disconnect between paper and physical - the premium as a fixed amount has not gone up at all
Having said at I don't understand why the perth mint charges the same premium per oz for 5 oz coins as it does for half oz coins
But that is an issue of how they work out their pricing - nothing to do with spot movements
S
Silver bullitt
Guest
I don't know much about the trade side of PM's but I am pretty sure it is not a regulated industry so any individual or company can freely set what ever price they wish to retail for based on the spot price with an added premium (profit margin) added.
The retail price, wholesale cost + margin (spot + added premium) would therefore be dictated by usual market factors such as the number of competing dealers / sellers and good old supply and demand, would it not.
Free enterprise in other words.
Set a profit margin according to current market conditions.
So what's all this discussion about premiums? Even hints of conspiracy.
I don't see any kind of conspiratorial behavior evident, no collusion among dealers to fix prices, nothing in the least abnormal or suspicious.
Perhaps I am missing something.
This seems a perfectly normal retail scenario as far as I can see.
Certainly, I can see plenty of merit for suspecting manipulation of the spot price but this would be a separate issue from premiums.
The retail price, wholesale cost + margin (spot + added premium) would therefore be dictated by usual market factors such as the number of competing dealers / sellers and good old supply and demand, would it not.
Free enterprise in other words.
Set a profit margin according to current market conditions.
So what's all this discussion about premiums? Even hints of conspiracy.
I don't see any kind of conspiratorial behavior evident, no collusion among dealers to fix prices, nothing in the least abnormal or suspicious.
Perhaps I am missing something.
This seems a perfectly normal retail scenario as far as I can see.
Certainly, I can see plenty of merit for suspecting manipulation of the spot price but this would be a separate issue from premiums.
I've read article in our newspaper about this mayor. It begun interested experiment:
money doesn't oxidise.
It was 1932. Austria (and World) was in huge crisis (like today). He started an experiment to save his city.
He said that the biggest issue of money that it's not oxidizing like iron, you have it for "eternity".
Some are saying that nazi Germany used similar approach for reviving their economy but I think that is not true. I'm not sure.
Michael Unterguggenberger:
"Suffering was not "commanded" by God, it but it was made/"prescribed" by law and human stupidity".
money doesn't oxidise.
It was 1932. Austria (and World) was in huge crisis (like today). He started an experiment to save his city.
He said that the biggest issue of money that it's not oxidizing like iron, you have it for "eternity".
Some are saying that nazi Germany used similar approach for reviving their economy but I think that is not true. I'm not sure.
Michael Unterguggenberger:
"Suffering was not "commanded" by God, it but it was made/"prescribed" by law and human stupidity".
Alfie
Active Member
For starters, who said "sell that dirty metal for spot"Ag said:
Are you on medication?
Chill fulla, this thread is about the disconnect between the price of physical and paper metal value
Do you know the difference between a question and an accusation?
Read your comment then read my first post SLOWLY you find the answer there!
Not really on- topic, but entertaining nonethless:
[youtube]http://www.youtube.com/watch?v=R2a8TRSgzZY[/youtube]
[youtube]http://www.youtube.com/watch?v=R2a8TRSgzZY[/youtube]
Alfie said:
Easy big fella, I shadow box better in the flesh. .. comments were not aimed at your opening post. Read the comments below your post for the direction of my reply
Of course there is a disconnection or some word to that effect. Most silver costs around $25/oz production currently. Add some of the other items you mentioned than $30/oz is fair on the money. My point is miners and dealers aren't in this game for the buying publics advantage.