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 Silver Coins, Gold, and other Bullion Metals
 Kitco wants to buy your bullion
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Delawhere Jack
Penny Hoarding Member


USA
515 Posts

Posted - 09/11/2008 :  17:08:33  Show Profile Send Delawhere Jack a Private Message  Reply with Quote
From the top of their PM's quote page:

In order to reflect the current strong demand for Silver Maples and Silver Eagles, Kitco is temporarily increasing its current bid (buyback) price for these particular products. Please visit our https://online.kitco.com/selltokitco/ page for more details.

Follow the link and have a good laugh at their offer prices

These are very interesting times......


"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."

Ayn Rand, from Atlas Shrugged

Edited by - Delawhere Jack on 09/11/2008 17:16:56

Copper Catcher
Moderator



USA
594 Posts

Posted - 09/11/2008 :  17:55:21  Show Profile Send Copper Catcher a Private Message  Reply with Quote
Oh WOW! If I read this right they are paying 10.45 for a one ounce silver bar! With silver at $10.56 I am sure they are getting more than they can handle. Give me a break......

DISCLAIMER: The opinions expressed in this message are those of the author and are considered for entertainment purposes only. It is not the intent of this author to provide legal, investment or medical advice and nothing posted here should be considered to be so. You are advised to seek independent counsel to act upon any laws discussed in this communication.
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Delawhere Jack
Penny Hoarding Member



USA
515 Posts

Posted - 09/11/2008 :  17:59:28  Show Profile Send Delawhere Jack a Private Message  Reply with Quote
Maybe they should try Ebay....HAHAHAHA!!!!

ROFL!!!!

"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."

Ayn Rand, from Atlas Shrugged
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legacypac
Administrator



Canada
1653 Posts

Posted - 09/11/2008 :  21:54:28  Show Profile Send legacypac a Private Message  Reply with Quote
https://online.kitco.com/selling/index.html They are actually over melt now it appears to me - but check out the notes at the top of the page:

IMPORTANT: Due to the volatility of the market, we are experiencing a significant increase in the volume of products that are being sold to Kitco. Although Kitco and HSBC Bank are working hard to stay on top of this, you may experience a delay in your package being processed. We apologize for any inconvenience this may cause, and appreciate your patience and understanding.


PLEASE NOTE: In order to continuously provide our customers with exceptional service and enhance your online experience, Kitco's Investment Department will be frequently making improvements to many of our Investment related web pages. The changes will include updating of Policies, adding new products, and improvements to our services. Therefore, we strongly recommend that both new and existing customers take the time to familiarize yourself with our Policies & Procedures in addition to our Frequently Asked Questions. You may click here to view a list of these changes.

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Nickelless
1000+ Penny Miser Member



USA
1340 Posts

Posted - 09/11/2008 :  22:44:27  Show Profile Send Nickelless a Private Message  Reply with Quote
Not a snowball's chance that I'm going to sell anything except (maybe) copper pennies to Kitco. I'd LOVE to be able to pay $10.45 an ounce for silver! I already borrowed $300 from my uncle this week to be able to grab more silver than I'd initially planned on buying, but who wouldn't, with these prices?

Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com

Edited by - Nickelless on 09/11/2008 22:47:08
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horgad
1000+ Penny Miser Member



USA
1349 Posts

Posted - 09/12/2008 :  05:33:33  Show Profile Send horgad a Private Message  Reply with Quote
Tulving is paying $1.75 OVER spot at the moment for silver Maples. FWIW
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