How should I pay?
Source
So In part 1 and 2 we talked about the following.
what is spot price
what does over spot mean
Well today topic is just as important as the first 2. You see a lot of people would think that the price of silver is the price of silver what would it matter how you paid for it, you couldn't be further from the truth. Take a look at this first example.
So JMBullion takes 5 different types of payments, 2 of them being more expensive for you.
check, echeck or money order price is $167.70 for a 10 oz silver bar.
Bitcoin price would be 2% more which would cost you $169.45 for the same bar.
Credit or Debit card carries a 4% more which would cost you $174.69 for the same bar.
So as you can see check, echeck or money order is the cheapest way to buy silver. Now I know that some of you are thinking, " Whats a couple of dollars?" Well take a look at this next example.
A little clearer for you? You see the difference now. If you bought a 100 oz bar with Bitcoin for $1,704, you could actually get 101.25 oz of silver if you paid that price with a Check. Now look at the credit card price for this example, $1,757. $70 more than if you paid with a check. Thats 4.75 oz of silver that you are missing out on.
So many stackers out there wish that they could go back and redo their first order again, dont be that person, don't be in a hurry, silver is worth the extra 5 day wait for using a check. Remember at the end of the day, silver is silver and it is only worth what silver is worth, so its up to you to control your cost and get it as cheap as you can. It all adds up, thats why its called stackin.
If you missed part one and two you can find them at the links below.
Part 1
Part 2
You are almost there, part four will be out soon and you will be ready to pull the trigger on your 1st silver or gold order.
For more information on silver and gold, visit us at #steemsilvergold!
Y'all keep stackin, cause I am !
