∙ SILVER SCRAP PURCHASING LIKELY TO RESUME JUNE 1st

The wait is hopefully over. We project a limited amount of monthly silver refining capacity that is likely to begin June 1st. We are awaiting the final terms to determine pricing levels we can offer.

Once we have determined our pricing levels we will provide an update here. Quantities we can purchase will be very limited, but it’s a step in the right direction. We have no further details at this time. Stay tuned to our website for updates.

∙ CONTINUING TO BUY SELECT .999 SILVER and 90%

We are still buying a limited amount of large size, LBMA Approved brands only. Sizes we are purchasing are 10oz, Kilo, and 100 oz bars. Nothing smaller than 10oz. For a list of LBMA approved silver brands are Click Here.

Visit jackhunt.com/price for bid/ask spreads on Junk 90%.

∙ TURNAROUND TIMES AND ADVANCES

The volume of packages has returned to “normal”. Our turnaround times are 1-2 business days for the foreseeable future. Advances for eligible customers will remain at 75%.

Thomas Dzielski, CPA
Director of Wholesale Ops