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      04-25-2011, 08:06 PM   #1
M3Bahn
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Apmex: Seeks To Buy "Any Quantity" Of Silver From Clients At $3 Over Spot

Over the past hour Zero Hedge has been inundated with reader comments notifying us that Ampex has, validating the earlier post speculating about a possible silver shortage at the metals distributor, launched a "reverse ïnquiry" in which it will pay "you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity!" and "We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity!" So aside from this first public confirmation that one of the biggest wholesale retailers of precious metals is now inventoryless [sic], we can certainly see why Asia has decided to take silver down in the afterhours electronic session.

http://www.zerohedge.com/article/apm...-spot#comments
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      04-26-2011, 02:32 PM   #2
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interesting....I guess that would make cents if they expect Silver to increase above and beyond $3 over current spot ( which is like $45 or something right now...i think it hit $49 a day or so ago in the int'l markets)

maybe they're getting too greedy?
or maybe they have run out of silver for reals?
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      04-26-2011, 02:40 PM   #3
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      04-26-2011, 03:05 PM   #4
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