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

To: inchingup who wrote (31167)	6/15/2003 3:26:32 PM
From: Andrew	Read Replies (1) \| Respond to of 36161

On SCPM's Bulk (minimum 1,000 oz. Ag) webpage look at the Buy and Sell columns. I took the difference (their sell - buyback price) for $1,000 face value bags of 90% "junk silver" and divided by the sell price. Likewise for the 100 oz. bars. [Seller pays the shipping.] Granted, the sell price is at a premium to silver prices (as is the buyback price) -- but I figure that's the premium for getting the silver in beautiful "doorstop" form or thousands upon thousands of coins. You will need to buy 7 bags or 50 bars to roughly equal 1 silver contract. scpm.com