Silver breaks through $64 on third attempt on its way to $83 ($4.5T marketcap), knocking MSFT out of the TOP5 worldwide assets.
(media.greatawakening.win)
𝕃 𝔽 𝔾 ! ! !
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All dealers buy below spot and sell above spot. How else would they make money being a dealer?
I do agree though. Don't sell, we are in for a ride if you are in metals.
That's a monetary advantage to the dealer. If they buy below spot and sell at spot they make money in the exchange.
That's a monetary advantage to the dealer. If they buy at spot and sell above spot they make money in the exchange.
That's called "double dipping" in the same exchange.
They make money twice. That's my point. Most commodity exchanges don't do that. For example, if you buy from a wholesaler and sell to a retailer, that's a single monetary advantage from a single exchange. The percentage to the seller is whatever it needs to be to be reasonably profitable. Some retailers who sell from great volume get only a few percent on the exchange.
Silver exchange should be (and usually is) exactly such a system. Indeed, many silver sellers buy from the wholesaler at spot. It is only when someone comes to an individual, bringing the silver to the dealer that they get an even more profit advantage. They get free shipping AND an additional premium.
The whole system of "selling your silver" is completely fubar. It is set as a standard of silver dealers because of part of the fuckery starting in the 1970s. The Cabal doesn't want you to use silver. It's part of their system that keeps the price subdued by a factor of 10 or so.
I've sold at spot years ago.