Monday, 25 April 2011

Reverse Inquiry Ampex will Buy Your Silver Eagles Any Quanity $3 over Spot

I just received a email within the last hour. It was from Ampex (one of the largest bullion dealers in the United States). It goes as follows:


APMEX Wants To Buy Your U.S. Mint Products                                   

Dear XYZ,

Due to the recent incredible demand for Gold and Silver bullion products, APMEX would like to offer you an exclusive opportunity to LOCK IN YOUR PRICES and sell us some of your U.S. Mint collection. This is a limited time offer and it is first come, first served until we have secured enough U.S. Mint bullion products to meet our current demand!


We Want These Products:
We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity! Gold American Eagle
We will pay you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity! Silver American Eagle
We will pay you $1,250.00 for your 2010 America The Beautiful 5 oz. Silver coin sets. America The Beautiful Set



And there is no supply issue right? This just goes to show you how much of a complete farce the COMEX spot prices have become. They reflect no where close to the true demand price.

Go to ebay and do a search for "ending soonest" 1 Oz Silver rounds, you will get a pretty quick picture of what the true price is.

This is just one more example of why the COMEX has outlived its usefulness, and will soon be BUST!

Like this post? Subscribe to our free gold and silver newsletter