Yes silver has dropped today its not an error. This morning China government purchased 500m worth of silver because of its low price. I've called my local coin store about 10 minutes ago and there sell prices are cheap! silver eagles about $9 each! <-- sell price I have work all day :-( no good coin prices for me.
Silver is no longer the price above. I have just called sahara coins again and prices have went up about $2.
If you can get silver eagles for $11, back up the truck. Silver has tremendous potential, perhaps a couple of dollars to the downside and perhaps $50 to the upside.
True. My first silver eagle I bought it for $16 at sahara coins and from ebay sells I think I could get $24 from selling it. Past few weeks i've found a lot of silver stores online that have no stock of there over priced silver. Im visiting sahara coins today hopefully i'll find silver rounds.
It will be interesting to see if the silver haters or silver lovers turn out to be correct one year from now.
Think about it. If you have to ask whether to buy silver or not, you shouldn't be dealing in silver. You have to KNOW. Selling is a bit different. You know what you paid. It's just a question of when you are comfortable with the current price.
I've said this many, many times in the past. Silver, Gold, etc prices are going up and down and up and down. I'd keep away for a while.
