CURRENTLY: In UK/EU markets for Wednesday 9/15/10... GOLD: $1,269.60Silver: $20.46 Platinum: $1587 Palladium: $552 US market opens in fifty-four minutes...
Interesting currencies news today... USD/JPY 85.53 (+3.011%) Japan Sells Yen for First Time Since 2004 to Aid Growth from Bloomberg.com [9/15/10] CURRENTLY: After the US market opening for Wednesday 9/15/10... GOLD: $1,268.60Silver: $20.43 Platinum: $1592 Palladium: $553
CURRENTLY: UK/EU markets closing in about an hour for Wednesday 9/15/10... GOLD: $1,270.30 -- High so far today $1,271 Silver: $20.57 -- High so far today $20.58 Platinum: $1596 Palladium: $562
CURRENTLY: GOLD: $1,270.60 -- High so far today $1,271 Silver: $20.60 -- High so far today $20.60 Platinum: $1598 Palladium: $560
I was thinking about listing a roll or two of silver quarters on eBay for a 1-3 day auction to see where it goes ? Mainly for Something to do, but my wife keeps asking why I do it. lol It does take up part of the day though. Still undecided. gary
Next level When to sell? You can take partial profits, sell half, and then have an action plan. On Y2K, I met a cop in the fall of 1999 speaking about Gary North and Y2K. He said he was taking out as much debt, credit cards, etc. then because after Dec. 31, it wouldn't matter! I guess he was one sorry cop.
CURRENTLY: GOLD: $1,270.80 -- High so far today $1,272.70 Silver: $20.59 -- High so far today $20.64 Platinum: $1605 Palladium: $565
Just out of curiosity.....what factors in either the U.S. or global markets are leading You to believe that silver would either stabilize, or possibly drop a little in the future?
I guess he WAS! That is definitely not what Gary North was promoting at the time (run up one's debt because is wouldn't matter..) I have every one of Gary North's newsletters from that time; he promoted self sufficiency, all the way. Not taking advantage of the "crisis" possibility. Just wanted to say that, lest others might get the idea that THAT was the mindset..
Gary I have recently purchased a lot of silver tubes on ebay, BUT I don't think that I would use eBay to sell anything. As I understand the economics of eBay it sometimes cost to list your item, Plus 9% of the sales price, Plus 2.3% to PayPay to get you your cash. Therefore, EBay/ Paypal take a minimum of 11.3% off the top. Plus your cost of shipping will probably be more than what you can recover in the auction. The local coin dealer will probably give you more $$$ for your silver. Craigslist is an other alternative. EBay is good for the buyer because I get 3% discount on my purchases - 2% eBay Cashback, Plus 1% cash back from American Express. The other plus to the Buyer and a Negative to the seller is in disputes eBay almost always sides with the buyer causing the seller to possibly refund the purchase price while being out the cost of shipping. It's your choice, but to me the numbers don't add up for a Seller.
IMHO, I would be cautious with Craigslist; seems like you might be letting too many folks know what you've got.. Craigslist is pretty personal. Just my opinion.. (not advice, just opinion..)
CURRENTLY: Close of US markets for Wednesday, 9/15/10 GOLD: $1,269.20 -- High so far today $1,272.70 Silver: $20.62 -- High so far today $20.64 Platinum: $1616 Palladium: $563 Asia-pac markets opening for Thursday 9/16/10 in under half an hour...
CURRENTLY: Only a touch lower in Asia-pac markets overnight for Thursday 9/16/10... GOLD: $1,267.60 Silver: $20.61 Platinum: $1602 Palladium: $559
I'm sure the dips will come, someone on wall street needs to make some money. So when they come back sure if you wanted to buy, you buy then.....for those that were waiting for silver to hit $16 over the last year never saw it. Now if you're waiting for $17, you probably won't see that again. $18 I can see.....and I can defiinitely see $19..... But little by little the floor is getting higher.....