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Gold/Mining/Energy : Silver prices

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To: long-gone who wrote (4906)4/19/2002 2:01:36 PM
From: goldsheet  Read Replies (1) of 8010
 
> Isn't the $6.40 still an excessive premium?

That's what happens when governments get into the bullion business. I think they charge the few authorized wholesales about $1.25-1.50 over spot, so retail soon becomes spot+$2. Bars, rounds, and junk bags are all cheaper.
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