Tag Archive | "silver"

When Should A Silver Zeek Rewards Member Upgrade To Gold Or Diamond?


I joined Zeek Rewards as a silver and have qualified for matrix commissions and my back office shows I have 160 affiliates in my down line. Am I losing money by not upgrading to the Gold or Diamond level?

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How Can I Not Get Ripped Off?


So I’m considering selling some of my old silver scrap lying around for a bit of extra cash, but I don’t want to get ripped off or gouged. I know anyone who buys precious metals go by the market spot price on any given metal so I checked the spot price on silver when the market closed today and it was going for $30.40 per ounce. I know that metal weights are different in that they use troy ounces (31.1 grams) and I did the math and sterling silver is going for $0.98 cents per gram. So I decided to weigh my silver… turns out I have 981.6 grams of sterling silver which adds up to 31.56 troy ounces, which with a little math applied means it’s worth, based on the spot price which I know can change hourly, about $961.95. That’s a nice chunk of change. So now my actual and very important question: how much or what percentage or what cut (however you want to phrase it) do the buyers usually take? It seems to be a closely guarded secret and varies significantly from place to place. I know that the buyer has to pay for the refining if the metal has any extra allowing, like solder, but trying to offer me $40.00 for 6.07 troy ounces of silver (about $185.00) worth of refined sterling silver a few months ago when the spot price was roughly the same seems like an outright blasphemous rip off of more than 50% of it’s worth. I forgot to mention that I’m a jeweler so you can bet I didn’t sell my silver for $40 bucks. Scandalous. What’s the decent industry standard deduction for selling precious metals? Thanks in advance!

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Standard Deduction When Selling Precious Metals?


So I’m considering selling some of my old silver scrap lying around for a bit of extra cash, but I don’t want to get ripped off or gouged. I know anyone who buys precious metals go by the market spot price on any given metal so I checked the spot price on silver when the market closed today and it was going for $30.40 per ounce. I know that metal weights are different in that they use troy ounces (31.1 grams) and I did the math and sterling silver is going for $0.98 cents per gram. So I decided to weigh my silver… turns out I have 981.6 grams of sterling silver which adds up to 31.56 troy ounces, which with a little math applied means it’s worth, based on the spot price which I know can change hourly, about $961.95. That’s a nice chunk of change. So now my actual and very important question: how much or what percentage or what cut (however you want to phrase it) do the buyers usually take? It seems to be a closely guarded secret and varies significantly from place to place. I know that the buyer has to pay for the refining if the metal has any extra allowing, like solder, but trying to offer me $40.00 for 6.07 troy ounces of silver (about $185.00) worth of refined sterling silver a few months ago when the spot price was roughly the same seems like an outright blasphemous rip off of more than 50% of it’s worth. I forgot to mention that I’m a jeweler so you can bet I didn’t sell my silver for $40 bucks. Scandalous. What’s the decent industry standard deduction for selling precious metals? Thanks in advance!

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Is My Silver Dollar Fish Lonely?


I recently started a tank a couple weeks ago and got 7 fish to house in it. 2 dalmation mollys, 1 balloon molly, 1 albino pleco, 1 albino cory catfish, 1 gold dojo loach, and 1 silver dollar fish. When I got them I was told the mollys are schoolers (so I got 3) but the woman said nothing on the silver dollar, which I’ve read now is also a schooler. He’s well tempered and mellow, and similarly sized to the mollys, and seems to get along well with the others. Will he integrate into their schooling niche or should I be concerned that I need more?

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What Shoes To Wear With This Dress?


i bought this dress for hc and i need shoess. I would like the dreesss color not the sequin silver.
http://www.dillards.com/product/Ruby-Rox-OneShoulder-Dress_301_-1_301_502777989?linkshare=null/affiliate
thank you

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Cme Margin Requirements?


CME recently raised margin requirements on silver trading (as well as other commodities), which led to a severe price decline in silver. My question is, what exactly is CME and how do they have the ability to change margin requirements? Is CME in any way affiliated with the government?

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