So Who's Buying Silver, Anyone Buying Yet?

I haven’t bought any since the price of silver went down and the premiums went up. I just opened another box last week and found 25 silver one ounce rounds and bars and a lot of junk silver coins. So many I didn’t even look at them. I just put them back in the box.

 

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Equal expenditure on either gold or silver does not equal the same quantity in ounces. How can you compare one oz gold to one oz silver? I'm relatively sure you can see the disparity in your logic.

 

I am making a point of over all wealth, I would submit that GOLD reached a record
high on March 8 2022 of $2,074.60, SILVER on the other hand set a record of $49.45 way back it 1980, so which has a better chance of exceeding there
previous best ? GOLD 4 months ago or SILVER 42 years ago, I dont think you
need to be rocket scientist to figure this one out...LOL

 

Gold would need to go up 10% to hit an all time high, silver 50%…IMO silver has more potential because of that….again I fail to see your logic in gold being closer to an all time high being a good thing, sure seems like a negative to me.

 

Your logic is flawed. Plain and simple.

 

Yesterday I was quoted $31 USD for FM Aztec silver rounds 1oz. Huge premium. Would normally pay 3% over spot.

 

So the Spot hasn't drop below 20 in a few months now and there were a few on here that said it would drop by this fall.. If drops below the 18 mark or lower will you be able to buy or find some for sale then because when it drop down 10 to 12.00 it was hard to find some to purchase.. WHY?

 

When silver spot price dropped back to $12 a couple of years ago, it rubbed our noses in the difference between "spot price" and the hobby/stacker market. When silver or gold or any other durable commodity falls fast and hard, people who want to buy will want more of it, and nobody will want to sell until (a) they know they can replace their inventory at the lower price or (b) it "comes back up". For the most part, the people selling were those whose contracts forced them to do so.

 

Understand now... yeah that happen Thanks JeffB