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ASE spot price.... am I wrong?
Posted:
Wed Feb 12, 2014 10:27 pmby AdamsSamoa
I know you can not buy bullion strike ASE from the mint. From what I read, the mint charges $2.00 over spot premium. How can one charge less than Spot plus 2 for a NEW ASE?...
again on my mobil so excuse the grammer.
J
Re: ASE spot price.... am I wrong?
Posted:
Thu Feb 13, 2014 10:40 amby thedrifter
Do you have an ad or a web link?
Its probably a loss leader. They try to sell you something for a lose in hopes that you will buy something else for a much higher profit margin. Or they hope to get your information such as your name, phone number email or snail mail addresses etc. and the sell those.
Re: ASE spot price.... am I wrong?
Posted:
Thu Feb 13, 2014 11:22 amby christostock
I think that price is what they charge when you buy 5000 ounces at a time.
Remember, 5000 ounces counts as 1 unit when the majors are buying from the mint.
This seems in line with what the several major dealers would be paying to buy from the mint.
Not saying this is fact, but what I have heard in discussions with some of my BIG local guys.
Re: ASE spot price.... am I wrong?
Posted:
Sun Feb 16, 2014 2:23 pmby gubni
AdamsSamoa wrote:I know you can not buy bullion strike ASE from the mint. From what I read, the mint charges $2.00 over spot premium. How can one charge less than Spot plus 2 for a NEW ASE?...
again on my mobil so excuse the grammer.
J
Simple, buy when spot price is low and sell when spot price is high.
Re: ASE spot price.... am I wrong?
Posted:
Sun Feb 16, 2014 6:35 pmby Gobirds66
gubni wrote:AdamsSamoa wrote:I know you can not buy bullion strike ASE from the mint. From what I read, the mint charges $2.00 over spot premium. How can one charge less than Spot plus 2 for a NEW ASE?...
again on my mobil so excuse the grammer.
J
Simple, buy when spot price is low and sell when spot price is high.
Exactly!
Re: ASE spot price.... am I wrong?
Posted:
Fri Mar 21, 2014 4:47 pmby christostock
I have a correction to the minimum order from the mint on ASE
25000 ounces is the minimum order.
You also must arrange and supply an armored truck pickup and delivery to your place of business.
Re: ASE spot price.... am I wrong?
Posted:
Fri Mar 21, 2014 6:37 pmby Diggin4copper
christostock wrote:I have a correction to the minimum order from the mint on ASE
25000 ounces is the minimum order.
You also must arrange and supply an armored truck pickup and delivery to your place of business.
someday.....
Re: ASE spot price.... am I wrong?
Posted:
Fri Mar 21, 2014 8:00 pmby johnbrickner
THAT would be sooooooo, cool.
Re: ASE spot price.... am I wrong?
Posted:
Tue Mar 25, 2014 8:59 pmby silverstacker
I believe this is due to the massive order amounts that one has to order to receieve a break in the price. I'm not sure what that number is but its very large.
Re: ASE spot price.... am I wrong?
Posted:
Tue Mar 25, 2014 9:00 pmby silverstacker
silverstacker wrote:I believe this is due to the massive order amounts that one has to order to receieve a break in the price. I'm not sure what that number is but its very large.
Spoke too soon as I just read the responses. Once again too late to the party
Re: ASE spot price.... am I wrong?
Posted:
Wed Mar 26, 2014 12:18 pmby Hawkeye
christostock wrote:I have a correction to the minimum order from the mint on ASE
25000 ounces is the minimum order.
You also must arrange and supply an armored truck pickup and delivery to your place of business.
This is my new ultimate dream...
Re: ASE spot price.... am I wrong?
Posted:
Wed Mar 26, 2014 12:57 pmby Saabman
Group buy?
Re: ASE spot price.... am I wrong?
Posted:
Thu Mar 27, 2014 10:38 amby Cent1225
We could not afford the armored truck, let alone the $550,000 + price for the 50 monster boxes !!!
Re: ASE spot price.... am I wrong?
Posted:
Thu Mar 27, 2014 12:38 pmby Double3
Saabman wrote:Group buy?
I'm in for a tube.