THIS IS HYPOTHETICAL I'M NOT ACTUALLY SELLING BUT ANSWER THE QUESTION LIKE I AM SELLING... Alot of people here are posting that silver has done nothing so far..that silver is going to blast through $50/oz and break $100 and even $120/oz...on it's way to $200-$250/oz.... so my question is this since we are looking at seeing at least $50/oz and far more.... I have 100 ounces of silver in 100 American Silver Eagles common dates I'm selling them for the cheap price of $4800 only but you have to buy them right now and no waiting are you a buyer? I mean you stand to make a big pile of money on this opportunity anyways right?
It seems that at given time you can buy silver at around spot price. When you purchase that much weight, I suspect you can get an even better deal (below spot)
the point is are you willing to pay alot more then spot to get this deal since silver is supposed to break $250/oz
Most folks saying that are sellers. As gbroke says, you can generally get silver at a discount to spot rather easily, I see hundreds of ebay auctions go off less than spot annually, some significantly under spot.
I would buy 100 ASE's today for $4800 no problem only if there was free shipping. ASEs are $44 these days in coin stores.
Well, when silver nose dives. Folks will be selling at a discount. The way I look at it. If you bought the silver at $9 with Federal Reserve Notes and sold today at $40. No matter what happens you still have 4 times more Federal Reserve notes, than if you never purchased them. So take a profit and do not worry about the future, You are already ahead. Remember the future is big enough to take care of itself. Regards & best wishes.
I understood your point. My point is, who would ever buy a bunch of silver way over spot, just because their is a belief that silver is going to keep rising? I wouldn't buy a house for more then it is currently worth just because It might be worth much more in the future.
Considering the price of spot is not yet $40, and I can get 1 oz silver coins at my local coin shop for $3 over spot just buying 1 at a time, I would not take your offer which amounts to an extra $5/oz on top of that.
If the coins were in great condition, I'd be a buyer around 4000. The historic high for silver is 49.45, I do think it will hit 50. I would not invest 4800 dolars to make 200.
Even Ampex is selling at 44.08 on quantities over 100. http://www.apmex.com/Category/160/Silver_Eagles___Uncirculated_2011__Prior.aspx
A complete fool might. Would you give me 10K if I told you theres a chance I might triple that in Vegas next weekend? The same chance exists I might actually do it as silver has of going up 500% anytime soon. Guy
