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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (13068)	5/23/2002 2:42:35 PM
From: Sharp_End_Of_Drill	Respond to of 36161

Slider, re buying physical silver. I deal with a company here called Houston Precious Metals. At the time I bought spot was $4.53. They quoted $5.25 for branded bars, and $4.75 for a made in the back room unbranded bar. I went for the unbranded bar, which looks like a rough cast brick. They ended up throwing in some small branded bars at the same price to get to the ounce quantity I wanted. The risk there is if I go somewhere else to sell it I will probably have to pay an assay fee. I'm looking forward to selling it back to HPM for at least a 100% markup. Sharp