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<p>[QUOTE="jiggysmb, post: 1724078, member: 33251"]I try to avoid premiums but I stopped in a few shops over the weekend just to gauge premiums. Many of the guys that were charging huge premiums are much lower now. I guess they got tired of "waiting for prices to come back". A local jewelry shop that was holding back maples and eagles that were purchased close to 30+ each said he is now willing to just take a loss to get rid of them. Another shop said he wont order any more stock because he thinks prices will continue to slowly fall, but also mentioned no one is bringing stuff in to sell, no silver or gold, and if they do they walk out with it. I saw him offer a guy $130 each for a few 1/10 gold coins and the patron said he wouldn't sell for less than $200. It is strange, no one is selling to dealers because prices are too low and dealers arent buying expecting prices to go lower. I think we will go lower over the next year or two and then much lower when interest rates jump up a bit.[/QUOTE]</p><p><br /></p>
[QUOTE="jiggysmb, post: 1724078, member: 33251"]I try to avoid premiums but I stopped in a few shops over the weekend just to gauge premiums. Many of the guys that were charging huge premiums are much lower now. I guess they got tired of "waiting for prices to come back". A local jewelry shop that was holding back maples and eagles that were purchased close to 30+ each said he is now willing to just take a loss to get rid of them. Another shop said he wont order any more stock because he thinks prices will continue to slowly fall, but also mentioned no one is bringing stuff in to sell, no silver or gold, and if they do they walk out with it. I saw him offer a guy $130 each for a few 1/10 gold coins and the patron said he wouldn't sell for less than $200. It is strange, no one is selling to dealers because prices are too low and dealers arent buying expecting prices to go lower. I think we will go lower over the next year or two and then much lower when interest rates jump up a bit.[/QUOTE]
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