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<p>[QUOTE="10gary22, post: 1161521, member: 23626"]I truly feel this may be a market driven by the small investor abroad. We all know how underfunded the PM market is. Today, people are buying silver in small lots quite readily. It's nothing to have 24-25 bids on a $1 face lot on eBay right now. People want to invest, but they can't afford gold coins or bars and few have money to invest in large amounts of Silver. I think most don't have brokers or even want to trade in paper. People want on board. I mean $4 and up for a single dime is being listed by several dealers, and there seem to be buyers. I also feel that China allowing private ownership of PMs has helped fuel this. Everyone in the world distrusts currency right now and with good probable cause. PM's are one form of insurance that people have understood for centuries, and the current world economic picture means everyone who can get some coins, wants some. Not everyone follows through opf course, but it looks like enough people are that it is driving the market ?[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1161521, member: 23626"]I truly feel this may be a market driven by the small investor abroad. We all know how underfunded the PM market is. Today, people are buying silver in small lots quite readily. It's nothing to have 24-25 bids on a $1 face lot on eBay right now. People want to invest, but they can't afford gold coins or bars and few have money to invest in large amounts of Silver. I think most don't have brokers or even want to trade in paper. People want on board. I mean $4 and up for a single dime is being listed by several dealers, and there seem to be buyers. I also feel that China allowing private ownership of PMs has helped fuel this. Everyone in the world distrusts currency right now and with good probable cause. PM's are one form of insurance that people have understood for centuries, and the current world economic picture means everyone who can get some coins, wants some. Not everyone follows through opf course, but it looks like enough people are that it is driving the market ?[/QUOTE]
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