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Money Metals Monthly Program Change


VikingJester11B

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Anybody that takes part in the Money Metals monthly purchasing program be careful, today they almost tripled their premiums and its now almost the same price for most items (if not more) as it is without the program. Don't want anybody to forget about it and get blindsided by a charge hundreds of dollars more than they expected.

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On 31/03/2020 at 07:53, VikingJester11B said:

Anybody that takes part in the Money Metals monthly purchasing program be careful, today they almost tripled their premiums and its now almost the same price for most items (if not more) as it is without the program. Don't want anybody to forget about it and get blindsided by a charge hundreds of dollars more than they expected.

 

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Agreed. I was hoping to grab a few rolls of ASEs from them since the premiums were actually reasonable with the monthly program ($2.74), but with this change I just cancelled. I'll just save all them money I would've spent and save it for when the premiums go down.  I'd say in a month or two when supply starts getting rapidly refilled and things start going back to normal people will either be, A: Buying at a much less rapid pace due to reduced panic, B: selling any that they have to support a job loss, or 😄 Just not purchasing like before all this craziness ensued. Dealers will be stuck with a large supply and only the actual stackers and collectors will be buying and with us not paying those crazy high premiums, prices will have to adjust to move product. 

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