Maybe its just me, but I have a certain bar that I go to everytime that I want to add some weight to my stack, it is the 10oz provident bar.
Provident bars have always been my go to bar. They where origanialy produced by OPM: Ohio Precious Metals, back several years ago Elemetal and OPM merged into one. So some of these bars carried the OPM stamp and some had the Elemetal stamp. Eventually the OPM bars where sold off and replaced with the Elemetal.
OPM stamp
Elemetal stamp
Well as most of you are aware Elemetal ran in to the law a few months back, they kinda got themselves mixed up in a smuggling scandle. Which will probably end up being the reason that they go out of business, as most of you are aware Elemetal produced all of providents silver and gold, well since Elemetal is not minting currently, this is causing some serious out of stocks with provident metals.
The provident 10 oz bar, was my first 10oz bar. I have been able to pick this bar up for as little as 29 cents USD over spot, and as high as 69 cents USD over spot.
Over the the years, this bar has added some serious weight to my stack, I still catch myself daily going to Providents website to see if it is back in stock.
2 pocket rounds for proof thats it is me
Maybe one day provident will get there bar back in stock.
What is your go to bar?
Keep stacking my friends, this should be an intresting week for the shinny stuff.
Upvotes and comments are appreciated.
Follow me @raybrockman