Pamp Suisse acquires Apmex?

[bronkster1967]

I just heard recently that Pamp Suisse, as of 9/1/23, has acquired a majority shareholder stake in Apmex. Has anyone else heard of this? It's apparently an attempt to merge the retail side with the bullion side of things. Thoughts? Comments?

[LongDonSilver]

Don't know, but I believe Blackrock now owns A-Mark which in turn has a large portion of Silvertowne stock ownership. A-Mark is one of a few allowed to buy from the US mint and Silvertowne supplies planchets to the mint. The mint claims to not be able to make ASE's due to a shortage of planchets. A-Mark premiums are higher due to reduced production of ASE's. Does anyone see any conflict of interest? Al IMHO and are not fact checked.

As Dan Bongino likes to say: "They all know each other and they're all connected".

see: https://www.youtube.com/watch?v=n4xdMFYAouk&t=6s

[LongDonSilver]

I just heard recently that Pamp Suisse, as of 9/1/23, has acquired a majority shareholder stake in Apmex. Has anyone else heard of this? It's apparently an attempt to merge the retail side with the bullion side of things. Thoughts? Comments?

Also, 9Fine Mint is owned by APMEX, I believe.

See: https://9finemint.com/about/

[bronkster1967]

Also, 9Fine Mint is owned by APMEX, I believe.

See: https://9finemint.com/about/

Yes, I believe that you are correct, Sir.