wirelessdog
Member
- Joined
- Apr 9, 2011
- Messages
- 16
I have heard rumors of Silver Buyers that are paying out 98%. Any ideas on who and if they are reputable?
-
Please join our new sister site dedicated to discussion of gold, silver, platinum, copper and palladium bar, coin, jewelry collecting/investing/storing/selling/buying. It would be greatly appreciated if you joined and help add a few new topics for new people to engage in.
Bullion.Forum
98% Silver Buyers
- Thread starter wirelessdog
- Start date
Help Support Gold Refining Forum:
I would be suprised as the value of the margin is very tight, i would say anything over 90% and up to 95% is about right depending on the quantity and assured purity. The margins on silver can be tighter if someone is playing the VAT scam here in the UK but personally I would not play that game as it will end in misery when they catch you.
Moral of the story if it sounds too good to be true it probably is.
Moral of the story if it sounds too good to be true it probably is.
Large silver refiners are paying collectors at 99% plus 10 to 15 cents per ounce in. Thats just under 2% right off the bat. The guy you sell to has to make money, unless he's just in the business to be social to the gold buying crowd.
Unless you lots are large, I would be grateful for 95%. Anything higher and you will make the buyer do creative assaying or some other creative ways to squeeze more out of you.
I guess folks are the same on Nick's side of the pond as well as our side. Refreshing!
Unless you lots are large, I would be grateful for 95%. Anything higher and you will make the buyer do creative assaying or some other creative ways to squeeze more out of you.
I guess folks are the same on Nick's side of the pond as well as our side. Refreshing!
- Joined
- Feb 12, 2014
- Messages
- 1,853
I have heard rumors of representatives form a large textile company trying to buy up stocks with out increasing the price.I have not found one yet tho
According to a contact i have at Exeter university's material physics department there is a hole generation of fabrics coming out in the next five years that depend on silver to control body temperature and body odor.
No more carrying around an extra jumper and spraying your self with Linx.
I am hoping he is right and holding on to all the silver I can find for the right price.
which will probably mean the exact opposite thing will happen..LoL
Any one else heard the whispers??
According to a contact i have at Exeter university's material physics department there is a hole generation of fabrics coming out in the next five years that depend on silver to control body temperature and body odor.
No more carrying around an extra jumper and spraying your self with Linx.
I am hoping he is right and holding on to all the silver I can find for the right price.
which will probably mean the exact opposite thing will happen..LoL
Any one else heard the whispers??
