Maybe it has to do with the logistics. Maybe the Arabs are doing it for 2% or less....how about the turn around time.
I did question PQ at the SHM what happens to the gold/silver after it is refined. It didn't even cross my mind what the refiners take is.
My post on IFLUB was quickly deleted responding to the troll bc344... he took dmags post and twisted it into questioning SFMI's decision to use a refiner in the UAE instead of one in a state.