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Buying ASE's

Since spot silver was tanking I figured I could buy a few rolls of new ASE's from APMEX. They are selling them at an $8 premium over spot. (close to 90% more than spot). So if I want to fork over $17.67 ($17.11 in quantity over 20) I can have them....Not much chance of any profit there so I passed on the offer.image

Comments

  • If you can use the live.com cash back, search Silver Rolls, I bought a roll of ASE's last weekend for under $13.00 after the cash back deal.
    imageQuid pro quo. Yes or no?
  • I think they are in tight supply even though spot keeps falling.

    I bought some off of eBay for a little over $400 for 20 but I got 30% off with the live.com cash back. That brought them down to a more reasonable level (but spot was higher when I did this).

    Edited to add: These were 2008 ASEs
    I'd keep playing. I don't think the heavy stuff will be coming down for quite a while!

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