< $15 Silver: Is this something worth waiting on?

Discussion in 'Bullion Investing' started by I.L. McDougal, Jun 1, 2015.

  1. mikem2000

    mikem2000 Lost Cause

    What do you mean, he posted the link, it is right here
     
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  3. autograf

    autograf Member

  4. mikem2000

    mikem2000 Lost Cause


    just messin' around :)
     
  5. autograf

    autograf Member

    That was for him, not you......we posted at the same time.....I mean, BU ASE's are all over the place. Who needs a link? $15....not so much.
     
    mikem2000 likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    $15.00 going once, $15.00 going twice. Wait a minute folks, it's $14.59 at the moment. Any buyers?
     
  7. HOLLYWOOD

    HOLLYWOOD Active Member

    Still no linky whats up with that lowest i found was 16.75
     
  8. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    Are you offering, or being snarky? Because I'll buy ASE's at that price right now if you are offering. :)
     
  9. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    serafino likes this.
  10. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    I already told you there hasn't been a benefit for buying physical when spot was below $15, so far. It will take spot to stay in this range or lower for a few weeks before the premiums drop because inventories are caught up....that's just the way it is, some things will never change....(Don Henley voice, at least I think that's who sang that)
     
  11. yakpoo

    yakpoo Member

    Average down...as mining facilities are taken off-line, prices should stabilize.
     
    Last edited: Jul 23, 2015
  12. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    Doesn't matter. I know it will go up, and I'm able to hold until it does. I'm a continual buy and hold-er. I leveraged well through 2010 and started accumulating again. Just play the game patiently
     
  13. bdunnse

    bdunnse Who dat?

  14. fretboard

    fretboard Defender of Old Coinage!

  15. yakpoo

    yakpoo Member

    I've been paying a premium for First Spouse gold directly from the U.S. Mint.

    By next year, I'll have two (2) complete sets of MS70/PF70 First Spouse gold coins. Could I have bought more/better gold with the same money? Sure...but I don't care.

    Whenever I can buy low mintage, U.S. numismatic pure gold coins for 25% over spot, I don't see a problem. It's a good long-term investment (imho).
     
    Last edited: Jul 25, 2015
  16. Agilmore01

    Agilmore01 Well-Known Member

    With silver down where it's at now, do you believe $18.30 for a Silver Eagle and $16.65 for a generic silver round is a reasonable markup and a good price in the marketplace at this time?
     
    Last edited: Jul 25, 2015
  17. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Fair for who? The dealers believe it's more than fair, as there is a bit of a supply crunch at the moment. Customers, many of them, don't believe it's reasonable. With that stated, it's still selling, obviously, or we wouldn't have a supply crunch at the moment. I'm guessing the premiums will come down once supply catches up, provided spot stays this low or a bit lower. If it really tanks, down to $12 or less, you'll see premiums rise before you'll see them fall. You only need to go back to 08 to see that....
     
    -jeffB likes this.
  18. Pere

    Pere Active Member

    Bruce Hornsby ;)
     
  19. Pere

    Pere Active Member

    Bruce Hornsby ;)
     
  20. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Thanks...I knew it was somebody...
     
  21. serafino

    serafino Well-Known Member


    I agree, if silver hits $10. sellers will want $15.
     
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