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re: Where do you guys buy your silver?

Posted on 3/19/23 at 9:40 pm to
Posted by LChama
Member since May 2020
1662 posts
Posted on 3/19/23 at 9:40 pm to
Dont you pay like an $8 premium per ounce but you dont recapture that when you sell?
Posted by GeauxTigers123
Member since Feb 2007
1369 posts
Posted on 3/20/23 at 5:35 am to
quote:

Dont you pay like an $8 premium per ounce but you dont recapture that when you sell?


The amount charged over spot has gone way up since covid. No one has offered me a valid reason why that is, so I assume it’s just because they can charge it.

To answer your question, yes you do if you sell in near term. I would assume most people buying silver are aiming for long term investment.
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