freakazoid -- 117d it's always the same bullshit first they told us: because the price is low, the premiums are high... how high? almost 30% for silver on small denominations (1ozt), 20% on medium (10ozt), and 10% on large ones (100ozt+) then now on the buyback side: no matter what denomination, anything between 5-18% UNDER spot, depending if .999+, .80, or .925 fine and they are still selling silver for premium on physical markets, around 5-10% over spot bunch of cry babies and scammers, walk in trying to sell without knowing the spot prices and this bullshit dynamics and you are going to get ripped off, 100% guaranteed replyit's always the same bullshit first they told us: because the price is low, the premiums are high... how high? almost 30% for silver on small denominations (1ozt), 20% on medium (10ozt), and 10% on large ones (100ozt+) then now on the buyback side: no matter what denomination, anything between 5-18% UNDER spot, depending if .999+, .80, or .925 fine and they are still selling silver for premium on physical markets, around 5-10% over spot bunch of cry babies and scammers, walk in trying to sell without knowing the spot prices and this bullshit dynamics and you are going to get ripped off, 100% guaranteed
thread · root 9a7c6dae…ba3b · depth 2 · · selected 65f49d25…4a58
thread
root 9a7c6dae…ba3b · depth 2 · · selected 65f49d25…4a58
Illiquid ShitcoinsPrecious metal (PM) dealers typically do not pay the spot price when purchasing bullion from customers; instead,they pay below spot to account for their operational costs, risk, and profit margin.This practice is standard across the industry, as dealers must cover expenses such as refining, minting,distribution, and the risk of holding inventory.The amount paid under spot can vary significantly depending on market conditions, dealer inventory levels, andthe type of metal or product being sold.For instance, during periods of high price volatility or when refiners are at capacity, dealers may paysubstantially below spot to mitigate risk, especially if they cannot quickly resell the metal to refiners orwholesalers.
it's always the same bullshitfirst they told us: because the price is low, the premiums are high... how high? almost 30% for silver on smalldenominations (1ozt), 20% on medium (10ozt), and 10% on large ones (100ozt+)then now on the buyback side: no matter what denomination, anything between 5-18% UNDER spot, depending if.999+, .80, or .925 fineand they are still selling silver for premium on physical markets, around 5-10% over spotbunch of cry babies and scammers, walk in trying to sell without knowing the spot prices and this bullshitdynamics and you are going to get ripped off, 100% guaranteed
Illiquid Shitcoins
Precious metal (PM) dealers typically do not pay the spot price when purchasing bullion from customers; instead, they pay below spot to account for their operational costs, risk, and profit margin.
This practice is standard across the industry, as dealers must cover expenses such as refining, minting, distribution, and the risk of holding inventory.
The amount paid under spot can vary significantly depending on market conditions, dealer inventory levels, and the type of metal or product being sold.
For instance, during periods of high price volatility or when refiners are at capacity, dealers may pay substantially below spot to mitigate risk, especially if they cannot quickly resell the metal to refiners or wholesalers.