Auction Update: 25 silver 100 oz. bars, JM or Engelhards

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Subject:Auction Update: 25 silver 100 oz. bars, JM or Engelhards
By: Jason Hommel, Silver Stock Report

Overview: Part of the purpose of this auction is to see what bars will really sell for, in a large lot, in a free market. (And not just on ebay, where there may be only one bar at a time, and where there might be ways to get rebates from credit cards or other offers.) Part of the purpose of this auction is to rebuke Johnson Matthey, and other major dealers, since they don't sell product to the highest bidder at auction, but sell out completely, and/or make customers wait in line from 8-10 weeks, or 2-4 months, or indefinite time periods, or refusing buy orders.

Link: http://news.silverseek.com/GoldIsMoney/1220016895.php