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Old 27th January 2009, 16:22
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Post Lower Reserve Silver Auctions & Guest Essay

Subject:Lower Reserve Silver Auctions & Guest Essay
By: Jason Hommel and Isaac Kahan

Overview: Our latest format change has been to list both "variable" reserve and "fixed" reserve auctions. An early fix is usually 25 cents per oz. more ($2.25 over spot vs. $2.00 over spot), to compensate for silver's volatility between the auction listing and closing time, and payment time, a day later.

Link: http://news.silverseek.com/GoldIsMoney/1233091367.php
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