“We started stacking silver 20 months ago. It’s fun watching the spot price to go up, not much fun buying though. But still, I think silver at $60 is still a buy”
Seems the gap has widened over the last few years. Spot maybe $60 but if trying to sell or buy, figure $8-9 dollar difference. Closer to $50 to sell and $70 to buy. Confirmed over at Kitco.com
“Closer to $50 to sell and $70 to buy. Confirmed over at Kitco.com”
Not at the local dealer I’ve been buying from since the 80’s.
I’ll be buying 2 oz of silver this morning and it will be spot + $1.00. They purchase at low spot (typically $0.25 less than the spot paid to buy).
Good folks!
If you sell at more than $2.00 below spot, you are being screwed for 1 oz coins.
90% silver, is lower right now due to the refiners being busy.