Anyone looking for cheap bulk bullion silver?
Cladiator
Posts: 18,058 ✭✭✭✭✭
This seems to be a good deal if your looking for 100 ounces of silver bullion. Breaks down to $12.95 per ounce before shipping or $13.15 per ounce with the shipping factored in. I stumbled across this auction and am not in the market. Thought I'd pass it along.
100 ounces of Canadian Silver Maple Leaf Bullion
ps. I am in no way conected to the seller or anyone related to the auction.
100 ounces of Canadian Silver Maple Leaf Bullion
ps. I am in no way conected to the seller or anyone related to the auction.
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<< <i>This seems to be a good deal if your looking for 100 ounces of silver bullion. Breaks down to $12.95 per ounce before shipping or $13.15 per ounce with the shipping factored in. I stumbled across this auction and am not in the market. Thought I'd pass it along.
100 ounces of Canadian Silver Maple Leaf Bullion
ps. I am in no way conected to the seller or anyone related to the auction. >>
Doesn't seem like such a great deal. Tulving has American 2006 Eagles for $12.70 delivered, though the minimum is 500 ounces (~$6400) and payment must be a bank wire.
Shows you what I know about bullion. There's a reason I don't mess with it.
Jerry
Ask me no questions, I'll tell you no lies.
I generally buy 100 ounce bars at 15 to 20 cents over spot locally and sometimes I get deals from from my main dealer at spot or even a fraction under if he's overstocked. We have a long relationship and he knows he can always call me and get rid of any unexpected excess in a flash.
Now I'll buy the Maples or the SAEs at 20 cents over spot all day long and sometimes that opportunity comes along. In fact the only MS Silver Eagles or Maple Leafs that I own I have purchased at just such prices.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff