SILVER 0.30% $15.25 silver futures

what do you make of this, page-45

  1. 880 Posts.
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    Sushi

    Could you post a few examples of silver selling for less than spot, other than someone not knowing the value of what they are selling and listing the item as a buy it now, (and the item get snapped up in minutes)

    I just checked all the listings for "silver bullion" sold today and can only see one listing selling for around spot

    http://cgi.ebay.com.au/Bulk-Lot-Australia-Silver-Coin-Post-46-500-Sil-438g-/280669493719?pt=AU_Bullion&hash=item41593499d7


    I tried to buy silver today from the mint, the conversation went something like this (after giving them my member number)

    I would like to buy some silver, do you have any 100 oz bars

    No

    what about kilo bars

    No

    any 10s or 20s

    none of them either

    Can I put some on order

    No, we are not taking orders for silver bullion

    Do you have any silver

    Yes, we have halfs, 2oz, kilo coins

    Are you sure you have kilo coins as I just tried to
    buy some through your web site and the kooks, koalas and lunars all say they are out of stock when I try to put them in my cart

    We have had a busy day, I can check with my bullion manager to seen if he will transfer any out for you

    That would be great, I will keep a check online for them.



    I did manage to get one kilo kooka in my cart, but before
    I got to finalise the transaction, the item was no longer available

    The lass on the phone was very freindly and polite, but I think I would get sick of saying this all day!


    You can see why silver sold off so hard, there is plenty of it around


    cheers grant
 
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