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To: dennisw

COMEX is a precious metals brokerage house (I believe that would be the correct terminology), APMEX is a precious metals DEALER.

Be kinda like the difference between buying WalMart shares from Fidelity (brokerage) or buying flip flops at Wal Mart (dealer).

Kinda,,,,maybe.


53 posted on 03/06/2011 7:16:46 PM PST by misanthrope (Liberals just plain suck!!)
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To: misanthrope

No, I think it’s closer to wholesale vs. retail. You can (theoretically) buy a silver futures contract on COMEX and have it delivered. If they have any to deliver. But the minimum order is 1000 oz, a “mini contract,” or 5,000 oz, a regular contract. APMEX will sell you 1 oz.


59 posted on 03/06/2011 7:22:07 PM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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