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Originally Posted by facialfreak
Silver Snowball is AN AFFILIATE PROGRAM - one that will pay you a decent commission for referring customers who otherwise might not have the resources available to lay out $400+ for a silver purchase.
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Walk into any silver coin dealer in America, and the price is going to be lower than $39.95 for one FULL OUNCE of silver, quantity of ONE required. I buy silver every week, I know exactly what I'm talking about here ... not trying to be rude. There simply aren't these minimums you're alluding to. You aren't forced to buy online, in fact I'd suggest against it for purchases under $10,000.
Quote:
Originally Posted by facialfreak
Half ounce silver rounds currently sell for $34.95 - $69.95 each directly from the Royal Canadian Mint ... so I do not see our price of $39.00 being very out of line
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Yes. The price is WAY out of line. I don't really care what RCM sells silver half ounces for .999 half ounce is half of spot plus about $2.50-$3.50 at almost any dealer. For an ounce, expect spot plus $1.50 to $2.50, and for 10oz, close to spot. You usually get BETTER deals from the local guys, who cross-average anyway. The guy I am accumulating from now got in at $27, and in still selling 10oz bars at $325, well below $33.99 it was the other day.
I'm sorry, but this program just isn't defensible. You get your silver by finding the next sucker, who in turn has to find the next sucker, and so on. I'd rather make my money honestly, and then buy silver with it.
You compared this program to selling adult passwords (which is maybe why you mistook the word "membership" when I used it to refer to porn memberships?). In that case, the price of the password to the user doesn't change -- the affiliate is paid out of the profit. In the scheme you're promoting, the price DOES change. They mark it way up to pay YOU and themselves. And they mark up a commodity with a known price -- anything over a buck or two is simply taking advantage of a fool or a sucker.
There's really nothing different here from your average pyramid scheme. Shit rolls downhill, money flows uphill. When you run out of suckers, someone gets stuck holding the bag.
I'm willing to be proven wrong, but I can assure you in advance that I'm not. This ain't my first rodeo.