Friday, March 1, 2013

Physical Silver margin hits 19.6%

The spot market price is not reflecting the real price of acquiring physical precious metal.

Spot price at 3:17  $28.52

Scotia Mocatta Siver Maples: $34.12

Margin for physical from this major dealer: $34.12/$28.52 = 19.6%

This is a new high.

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