I’ve been stacking silver for a little while and I’m thinking of adding some gold to my stack. I have the option of one gram of gold or two ounces of silver for the same price (both options are tested and verified legit). I’m curious to know which way others would go if facing the same choice, and why they would choose one over the other.

Could someone check my math? Maybe I’m not seeing this correctly.

So if I want to buy or sell $100 face value of “junk” silver from or to the big online companies, what would that look like? How much would I be paying above spot … and how much below spot would I be selling it?

SPOT PRICE $65.05

CURRENT SILVER CONTENT $100 FACE VALUE

$100 FACE VALUE of 90% has 71.5 Troy ounces of silver.

Spot price 65.05 multiplied by Troy ounces is

71.5 oz x $65.05=$4,651.08 or 46.51 x face

SO SPOT PRICE IS 46.5 x face

KITCO

https://online.kitco.com/buy/gold-silver.html#

SPOT 46.5 x FACE VALUE
Sell 4% over spot
Pay 28% below spot

Kitco will sell me $100 face value at ~$4,831

$4,831-$4,651=$180.00 more than spot
180/4651=0.0387 or about 4% over spot

But what will they buy this $100 face value at?

I looked on Kitco just now and they are paying 38.11 per “T” ounce but this doesn’t seem to be Troy ounces but “total” ounces (this can really be confusing however in their online calculators they state they would pay $38.11 for 90% and $16.88 for 40% so apparently they must be talking about “TOTAL” weight).

So $1 of 90% has a total weight of .88 ounces so $100 would be 88 ounces of total weight.

Since Kitco will pay $38.11 per “TOTAL” ounce, then Kitco is willing to pay $3,354 for a $100 of 90% which is 33.53 times face value

$38.11 per ounce x 88 ounces = $3,353.68 so Kitco is willing to pay 33.53 x face value

which is 28% below spot
$46.5 spot -$33.53 Kitco =$12.97 which is about 13

13/46.5=0.28 which is 28% below spot

KITCO SPREAD IS 28+4=32%

Now here is the real news

MONEY METALS

https://www.moneymetals.com/buy/silver/junk-silver?utm_macro=nonbrand&utm_source=brv

SPOT 46.5 x FACE VALUE
SELL 46.5 x FACE
BUY 40.45 x FACE 6% below

SPREAD 46.5-40.45=6.05 which is 6%

$100 Face they will sell it to me at $4,656.00 which is face.

But what will they buy it from me for?
They will pay me $4,045 for $100 in face

I think the refiners are starting to be back paying 6% below spot

EDIT: moneymetals is paying 13% below spot

’m trying to understand the long-term fundamentals of gold and silver rather than just looking at short-term price predictions.

For those who follow precious metals:

What do you think will drive the value of gold and silver after 2030?

I’m particularly interested in:

* Gold’s role as a store of value * Silver’s industrial demand * Inflation and currency debasement * Central bank gold purchases * Whether physical gold/silver will still be as important in the 2030s

I’m not asking for a precise price prediction. I’d rather hear the reasoning and different viewpoints from people who have studied or invested in precious metals for years.

What do you think?

Hello, I’ve been slowly getting into stacking and have been searching for a website with the best premiums. I’ve tried the royal mint and BullionByPost and a few other random ones but can’t find any luck finding rates as close as possible to spot price, does anyone know any good websites to order from?

Hello, I’m 19 years old and have been wanting to get into investing into solid metals primarily gold and silver for a long time now, I’ve saved up enough money I feel like to invest in a decent amount of metals, what would you guys say is a good percent of Gold to silver to have in my assets if I just want to freeze my cash and maybe gain a little bit over the span of a couple months to a year or 2?

An example would be like 30% silver 60% gold 10% platinum etc etc