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199 years to break even ? zero correlation between silver the dollar and inflation
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<p>[QUOTE="InfleXion, post: 1680394, member: 29012"]Premiums have not changed on bullion, only for 90% silver. These dealers hedge, and can always sell for a 'loss' because they profit on the buy/sell spread. The only reason they can get away with charging more is because people are willing to pay it. Some dealers are even paying $1.50 over spot for junk right now. Now if you can show me examples instead of simply saying it's so then you might have a chance of convincing me otherwise, but where I looked bullion premiums had not changed, only 90%. This is nowhere near the magnitude of 2008, and even in 2008 generic silver premiums didn't rise, because I bought most of my stack for $1 over spot at the time. It was only eagles and the like that had higher premiums in 08, and right now they don't. </p><p><br /></p><p>From 1914 to 1933 we did not have debt based fiat currency, we had a gold standard. If you are referring to bonds those are irrelevant as they were not circulating currency. I never said people refused to be suckered into anything. </p><p><br /></p><p>Since you are incapable of refraining from putting my words in my mouth, this is the last resposne you will get from me.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1680394, member: 29012"]Premiums have not changed on bullion, only for 90% silver. These dealers hedge, and can always sell for a 'loss' because they profit on the buy/sell spread. The only reason they can get away with charging more is because people are willing to pay it. Some dealers are even paying $1.50 over spot for junk right now. Now if you can show me examples instead of simply saying it's so then you might have a chance of convincing me otherwise, but where I looked bullion premiums had not changed, only 90%. This is nowhere near the magnitude of 2008, and even in 2008 generic silver premiums didn't rise, because I bought most of my stack for $1 over spot at the time. It was only eagles and the like that had higher premiums in 08, and right now they don't. From 1914 to 1933 we did not have debt based fiat currency, we had a gold standard. If you are referring to bonds those are irrelevant as they were not circulating currency. I never said people refused to be suckered into anything. Since you are incapable of refraining from putting my words in my mouth, this is the last resposne you will get from me.[/QUOTE]
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199 years to break even ? zero correlation between silver the dollar and inflation
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