Discussion in 'Bullion Investing' started by bsowa1029, Feb 3, 2023.
Yeah but edibles are even better than that.
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But neither 'dollar' has much value at all without modern bankers/banking.
Given the monetary system we have, I'll take mild increased inflation over any deflation everyday and twice on Sundays.
As for the topic of the dropping spot price: I went to my local shop that always has common modern US commemorative silver dollars for sale with ~$3 premium each. Got 5 such coins for $19.25 each.
1/10 Oz GOLD EAGLE
YOUR 13.50 FV 90% Silver each pays on ship thinking spot is around 204 for 13.5v? I not sure not smart enough to figure that out. No Roman Numeral ones at this time in the 1/10 gold coins.
90% was $16.66 per $1 FV.
Silver eagles were $26.08 each.
I didn’t ask price of anything else and only picked up some 90% dimes.
Great deals out there right now!
Mostly the Same old inventory.
I asked about a colorized Disney world grand opening Hong Kong limited edition 1 ounce round @ $125 yeah it's cool and all, 1/1000 but no COA box and 6x spot...no thanks.
A monarch 1/2 ounce Lego the owner was saying was the older style @$27
Google said monarch has some in stock for $17.
5 ounce American Series @$400.
Not a day for buying.
Owner said should have something new or different stuff in at the end of the month.
He's going to rearrange his cases.
With all those 4's, I initially thought you'd bought 46 40% halves for that price, and I was alarmed.
A month ago, $23 of silver WAS $401 spot. Silver will eventually get back up to that level. Don't know how much lower it'll go first, though.
When interest rates back off or even show a sign, the supply/demand dynamic, including higher mining costs & supply disruptions will be felt. Think Peru, Chili
When the Fed hints pause on rates, buy silver
It would have been better if they were same condition walkers.
Reminds me of a story storytime
I was in Phoenix AZ just passing through, searched out a few shops to check out.
One place had some random 90% halves in a box for $6ea
In Searching the box the dealer came out with a few more half's in some plastic rolls.
As I opened up the rolls and started to go through them I came across a half worn barber with a scratch.
The owner looking at me the whole time because I was new and he'd never seen me before pouring through his silver, he said that doesn't belong in there but if you want it for $16 fine otherwise I'll keep it.
That was my first barber half.
After all I couldn't leave it there as I found a dealer oops right?
For $16 it was over 100 years old, figured it had to be something better than a Franklin half.
It turned out to be not a fancy date but it's got a story and that dealer has one less.
I haven’t been into my local shop in a few weeks.
I’m hoping to get in within the next couple of weeks. Hopefully spot price stays the same or comes down a little. Maybe I’ll finally make my first ever silver eagle purchase…
That’s all the pricing I asked about.
The Libertads are beautiful coins but I couldn’t stomach $10 over spot.
The girl at the shop said that the premiums on those are at least consistent. Even when eagles were $15 over spot the Libertads were still $10 over.
Yesterday? That was less than 10% over spot. At the quoted prices, 90% would've been the way to go if you wanted to minimize your haircut when it's time to sell, IMHO.
CPI showed inflation slowing. Buy precious metals
That is all…
Yeah Sure slowing to 3.2% in October, hmmm groceries didn't go down in costs... packaging still getting smaller...smells like camel...UPS & FedEx etc shipping costs are more.
Gas dropped $0.30 a gallon.
I don't get or like the thing about bankers. I see that from some conspiratorial Gold Bugs or anti-Fed nuts who don't know a thing about banking, finance, economics, or central banking.
If anything, blame politicians...or union leaders....or American workers.....whoever.
I was being facetious.
My point was you could blame ANYTHING for inflation if you were going to blame "bankers."
Separate names with a comma.