Why are you buying silver for 5 bucks over spot?

yeah. because people are paying 8 over spot now. durrp

 

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And it's going to go up.

 

With the trillions in spending, I don’t think
the trend is going down anytime soon.

 

Buy 1 oz American Silver Eagle BU (Random Year) | APMEX

Now $13.99 over spot with Check/Wire. $15.68 with CC. Exactly why I switched to SLV ETF last year when all my LCS and APMEX, JM etc went full tard with their pricing.

 

The pricing is stupid ! I like eBay always free
Shipping and here with in just a couple days

 

Silver prices are insane, way too high for me! That said, some members are buying as they feel inflation is on it's way upward and somehow the spot price of Silver will do something it's never ever done before which is it will go for over $50 an ounce. Is that a realistic way for investors to think? The spot price of Silver hasn't budged significantly in over a year! Over a year!! Time will tell friends, time will tell.

 

It’s not and never has been. Aside from very short spurts there’s always been much better investments

 

The silver I have I bought at about $4.50-$6.00 over 20 years ago. Not buying anything bullion or junk since then. I'm sitting on a bit of a stack for a long time.

 

The pandemic has made everything backward and PM,S are no exception, but you
have to ask yourself, is this the new normal ? and will that continue to rise, we would all like to go back to the days of $4 premiums but now that the dealers
have a taste its going to be very hard to put the car in reverse.

 

Yes, and I have asked myself.! I hope things go back the way they used to be but that's not realistic thinking either. We're in some really crazy times right now, no doubt about it. There's no way I can predict the future at all, gold I'm okay with the gold gamble. Silver, I'll leave that to the people who are accepting of that gamble. I mean, I have a little but I haven't bought any new Silver for years.

 

I think if your going to take a gamble, you would take the lesser risk of Silver
The other PM,S have just as much premium as Silver does if not more.

 

That's true but I love gold and if the price goes down and I lose financially, I'll still have my gold so I'll be fine!

 

Who doesn’t love gold

 

I think the best answer is collectors who don't invest in it!

 

That’s a pretty narrow spectrum, especially
with the value of gold, you can’t collect
with out investing not at current prices
anyway.

 

Silver was low in the teens for years........... and now premiums are to high... which way u want it lol....... 1933 gold for me..

 

But what guarantee do we have that it will
return to those levels ? you are still going
to pay hi premiums regardless of what PM
you choose.

 

Show me...LOL

 

How do you figure that silver is less risky? It seems to me that it's always more volatile than gold, and generally has higher buy/sell spreads.