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How long can this go on?

PostPosted: Wed May 15, 2013 9:50 pm
by JerrySpringer
Can get these from Silvertowne for about $26 each right now:

http://www.ebay.com/itm/4-1-oz-999-FINE ... 33822e998a


The arbitrage that is going on on Ebay does not seem like it is real. Are people not looking around to see how low some online vendors will sell silver right now vs. spot price? The winning buyer can get five ounces direct from Silvertowne vs. the four on this Ebay auction.

Re: How long can this go on?

PostPosted: Thu May 16, 2013 12:36 am
by jesse1111
When I first started stacking, I had no idea where to get silver other than ebay. Like anything a ton of sites come up and you don't know who to trust. I found this place via a thread on a sportsbetting forum. Found bullion stacker via here. A tough go for the uninformed.

Re: How long can this go on?

PostPosted: Thu May 16, 2013 12:54 am
by JerrySpringer
jesse1111 wrote:When I first started stacking, I had no idea where to get silver other than ebay. Like anything a ton of sites come up and you don't know who to trust. I found this place via a thread on a sportsbetting forum. Found bullion stacker via here. A tough go for the uninformed.


Thing is, it will get interesting if we get silver prices back in the mid-teens. Premiums over spot will get more disproportionate on Ebay vs. buying through a Provident most likely. IDK, just astounds me that Ebay is zany like that. Dirty little secret is that profit margins on selling silver rounds or bars probably will get really lucrative if spot price hits really low. Looks like Ebay can keep premiums in some stratosphere based upon bidders' will.

Re: How long can this go on?

PostPosted: Thu May 16, 2013 10:34 am
by racandjjc
JerrySpringer wrote:Can get these from Silvertowne for about $26 each right now:

http://www.ebay.com/itm/4-1-oz-999-FINE ... 33822e998a


The arbitrage that is going on on Ebay does not seem like it is real. Are people not looking around to see how low some online vendors will sell silver right now vs. spot price? The winning buyer can get five ounces direct from Silvertowne vs. the four on this Ebay auction.

Even our own buy it now section is not so far from ebay prices. Just sayin

Re: How long can this go on?

PostPosted: Thu May 16, 2013 11:54 am
by CLINT-THE-GREAT
jesse1111 wrote:When I first started stacking, I had no idea where to get silver other than ebay. Like anything a ton of sites come up and you don't know who to trust. I found this place via a thread on a sportsbetting forum. Found bullion stacker via here. A tough go for the uninformed.


I was the same way. When I started into this world, AG was $34/ozt, my first ever purchase was a buffalo round on ebay for $37 and I thought I was getting a great deal!!! Found RC off of a youtube video and then BS from here. You all are right though, the uninformed have some tough sledding ahead of them

-The Great