Our lower prices for silver and gold!
(Thank you!)
Silver Stock Report
by Jason Hommel, April 24th, 2009
As you may know, I purchased the Rocklin Coin shop. It has really
helped our business, since we are now doing higher volumes of overall
sales, and we can thus pass these savings on to you.
We have new
lower prices for the following items, both at www.seekbullion.com, or if you buy
it now on the phones, or come in to the Coin shop:
100 oz. silver
bars: $1.25 over spot (we have over 7000 oz.)
10 oz. silver bars:
$1.75 over spot (we have over 7000 oz.)
1 oz. silver rounds:
$1.75 over spot (we have over 30,000 oz.)
It appears as if
two of our main competitors got into a bit of an irrational price
war, and sold out of many of those same products, and are now
offering the same products "on a slight delay". One day, those
delays may become permanent, if they are selling products that they do not
have in stock, especially if there are unexpected, yet
constant, extra delays from the manufacturers. Be careful who
you trust out there. Nobody can make it in this business selling
products at a loss, and you certainly can't make that up on volume,
although some always do try!
We sell products that we have in
stock. And we can thus offer the fastest delivery around, with never
any delay. We have over $1 million worth of precious metals in
stock, ready to ship. That allows us to turn about $100,000 of
inventory per day, with no delays, as we wait for products from our
suppliers, and don't pass any delay or default risk on to
you.
If you would like to order over $100,000 worth of precious
metals, we can order directly from our trusted manufacturers and
suppliers, and if you are willing to wait for a manufacturing time from
2-3 weeks, we can offer a more personalized discount on such
large orders. Ask to speak to me, Jason, personally when you
call.
Buy it now from our shipping department, 10 AM - 4
PM, M - F, Pacific, from:
Breana (530) 913
4359 silver_support@vzw.blackberry.net
Janelle
(530) 913 0553 silver_support1@vzw.blackberry.net
We also have gold for sale now, soon to be listed at www.seekbullion.com, and also
available through phone orders, at new lower premiums.
What
shocked me was the volume of business at the physical coin shop. It
rivals what we do online, selling nationally. And that's with higher
premiums at the coin shop that I was used to offering online!
Normally, you would think that lower prices, and a larger
national audience, would mean higher volumes. But this shop
does brisk business. I suppose the two key differences in the shop
are the instant "cash and carry" delivery, with no possibility of
delays. Also, with the shop, people are more anonymous as cash
buyers, with no computer records. Those are, of course, two key
benefits of gold and silver themselves; no default, and total
anonymity.
I would like to reassure internet buyers or
telephone buyers of our extremely good reputation, as evidenced by over
300 satisfied user feedback generated comments. Most people are
simply astounded by our fast shipping, because we sell and ship what we
have in stock.
http://www.seekbullion.com/user_reputation.php?user_id=100037
There
are many skeptics out there. Recently, a few people have accused me
of price gouging, or that I'm just scamming them. It's so funny,
it's sad. Our low prices, we hear, are hurting several other
competitors who are offering rounds over $2/oz. This industry
is really quite small. Once again, if the average dealer makes
$1/oz. on Silver Eagles, and if the US Mint only makes 20 million eagles
per year, that's $20 million for the entire industry nationwide among all
coin dealers. And on the 710,000 gold eagles, at a 3% markup of
about $27 per coin, that's again only about $19 million for the entire
industry, before costs! This is a tiny, cottage industry, and most
dealers know most of the other dealers.
By contrast, Las
Vegas pulls in, in total profits, or total losses by customers about $7
billion. 7000 million / 40 million = 175 times bigger
industry. It's truly sad when you consider that those monetary flows
are reflective of the culture of America.
If only people "gambled"
on silver and gold, they would earn so much more money, it would be a
"sure thing" by comparison to Vegas, which is a sure way to lose.
There is no way that $7 billion annually could be spent on US silver
eagles and Gold eagles in this nation, not even $1 billion more, as that
would drive prices sky high.
And one day, that will happen, it's
guaranteed.
China just admitted that they spent $30 billion on gold
over the past 5 years!
http://www.financialpost.com/news-sectors/story.html?id=1530063
-----Advertisement
Below-----
Rocklin Coin Shop Now Under New Ownership
After five years of successful operation, Rocklin Coin Shop has changed
ownership. Jason Hommel, a long time advocate of precious metals
ownership, purchased the shop from the retiring owner on April 1, but he’s
no fool. LOL 8-)
“The previous owner had an amazing business model, and kept his
customers happy by keeping his prices competitive, and buying at the
highest rates,” says Hommel, “We plan to make our rates even more
competitive to keep the existing clientele happy, and attract a wide range
of new clients--even other dealers.”
However, despite the similarities that customers will see under new
ownership, they can expect to see some changes. “Our focus is
bullion, the precious metals,” Hommel stresses. "We're probably over
capitalized for the needs of a local shop, but that only enhances value
for our customers. So far, we've lowered the spread on silver
bullion from $3.50 over spot, down to $1.75 over spot for bars and coins,
and we have a lot of inventory--even a few hundred ounces of palladium, a
precious metal more rare than gold that is often used in automobile
catalytic converters."
Rocklin Coin Shop will continue to buy scrap gold, paying the most
competitive prices in the area. Buying scrap gold is a specialty
business that requires accurate testing, and a large capitalization to be
able to gather up enough scrap to get the best prices from the large
refineries. We also have to be willing and able to hold gold, and
survive the market fluctuations in price.
“Rare Coins with value beyond the bullion content is not our core
focus, but we can buy them, too.”
However, the most profound change that you’ll see with the new Rocklin
Coin Shop is a cross dedication to their own success and the success of
their clients. "As a newsletter writer, I'm opinionated, and I tend
to give excessive amounts of good advice, often telling people who are
selling silver that they should be buying. We sometimes talk
ourselves out of business! Fortunately, we can afford to be so
silly."
“One of the reasons that we keep such a significant
stock of investment grade bullion is because we believe that everyone
should buy and hold precious metals,” says Hommel. “In these trying
economic times, the only certain way to protect your financial freedom is
by holding assets that will always retain value against inflation.
Those assets are precious metals.”
Jason Hommel has been writing on the subject of investing in precious
metals for ten years at his website, www.silverstockreport.com, an
international newsletter with over 80,000 subscribers.
Rocklin Coin Shop is located at 4870 Granite Drive, right off the north
side of the Rocklin Road Exit on I-80. Take the first left on
Granite Drive, look for the large sign that says "Coin Shop". Come
on by to see our selection of silver, palladium and gold. Hours are
from 10-5PM, Monday to Friday, and on Saturday, from 9AM to 1PM.
Our goal is to help you preserve your wealth, secure your financial
future, and provide for your economic freedom.
-----End Advertisement -----
Sincerely,
Jason Hommel
In case you miss an email,
check the archives:
http://silverstockreport.com/ssrarchive.htm
www.bibleprophesy.org
Buy silver
at auction at
www.seekbullion.com
Auctions end M-Th, Sat, At 7PM Pacific,
but you can place bids anytime, 24/7.
Buy it now from our shipping department, 10 AM - 4 PM,
M - F, Pacific, from:
Breana (530) 913
4359 silver_support@vzw.blackberry.net
Janelle
(530) 913 0553 silver_support1@vzw.blackberry.net
"Buy it now" at
www.momsilvershop.com
Mom
will ship overseas, and also in lots of more or less than 100
ounces.
See us also at:
Rocklin Coin Shop
4870 Granite Drive,
Rocklin, CA 95677
http://rocklincoinshop.com/
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