Are Ya Feelin' Lucky?

Discussion in 'Coin Chat' started by green18, Dec 2, 2015.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Folks who make their living by moving large amounts of silver should surely have better information about the market and futures than I do. If they're betting on continued price drops, it seems like I'd be foolish to bet against them. For now, I'll keep my greenbacks and let them keep their (promises of January) silver.
     
    Santinidollar likes this.
  4. longnine009

    longnine009 Darwin has to eat too. Supporter

    Last edited: Dec 2, 2015
  5. dwhiz

    dwhiz Collector Supporter

    No but I saw these and bought some 1-oz-sunshine-flag-bar-obverse-horz.jpg
     
  6. Markus1959

    Markus1959 Well-Known Member

    Silver down to 14$ an ounce today

     
    tommyc03, green18 and Amos 811 like this.
  7. Tinpot

    Tinpot Well-Known Member

    What makes you say they are betting on a continued price drop?
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    I had the impression, apparently mistaken, that they were offering these 2016 rolls for future delivery at a lower price than 2015 rolls for current delivery. Looks like 2015 rolls are $351, as opposed to $361 for 2016. So it looks like they expect prices to be fairly flat.
     
  9. Tinpot

    Tinpot Well-Known Member

    Most major bullion dealers are going to have their positions hedged. (no risk of losing money whether the price increases or decreases)

    Any un-hedged major dealer wouldn't of been likely to survive the bear market of the past few years.
     
  10. tommyc03

    tommyc03 Senior Member

    .357 magnum if I'm correct.
     
  11. Markus1959

    Markus1959 Well-Known Member

    Almost - I do believe S&W Model 29 .44 magnum
     
    Rick Stachowski and tommyc03 like this.
  12. tommyc03

    tommyc03 Senior Member

    I could not recall his entire line..."This is a *** Magnum, the biggest handgun in the world. Are you feelin' lucky punk, well are ya'?"
     
  13. dwhiz

    dwhiz Collector Supporter

    I still prefer the 1911
     
    tommyc03 likes this.
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