Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Does somebody have a reasonable explanation for this?
>
Reply to Thread
Message:
<p>[QUOTE="PeacePeople, post: 1182229, member: 20082"]NorthKorea...OK, I see that you have what could be a reasonable explantion, and might be a big part of what's going on, but I still don't think it's the whole story. Over the last 3 years of buying silver and numis, I've never encountered the premiums I'm now expected to pay, and in most cases won't, nor have I encountered the delays in shipping that now seem to be the norm. As my post above yours states, I ordered on the 6th and 10th, items that both sellers had "in stock". I got an email today from the seller I ordered from on the 6th telling me it will ship on Monday, and the seller from the 10th put an expected ship date of the 17th when they confirmed my order. My previous experience has been if it was ordered and paid for with "good funds" then the goods were shipped out the day after the funds were confirmed as good. Now it takes 7 working days for them to ship. The only thing I can think of is they're that busy. I'm sure they have quality/inventory controls that most businesses wish they could implement, because of inventory costs and margins, but I can't come up with any other reason for the delay other than being buried in orders. So, it takes me back to demand and the disconnect from spot. My only conclusion at this time is physical silver is undervalued, and not just a little.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 1182229, member: 20082"]NorthKorea...OK, I see that you have what could be a reasonable explantion, and might be a big part of what's going on, but I still don't think it's the whole story. Over the last 3 years of buying silver and numis, I've never encountered the premiums I'm now expected to pay, and in most cases won't, nor have I encountered the delays in shipping that now seem to be the norm. As my post above yours states, I ordered on the 6th and 10th, items that both sellers had "in stock". I got an email today from the seller I ordered from on the 6th telling me it will ship on Monday, and the seller from the 10th put an expected ship date of the 17th when they confirmed my order. My previous experience has been if it was ordered and paid for with "good funds" then the goods were shipped out the day after the funds were confirmed as good. Now it takes 7 working days for them to ship. The only thing I can think of is they're that busy. I'm sure they have quality/inventory controls that most businesses wish they could implement, because of inventory costs and margins, but I can't come up with any other reason for the delay other than being buried in orders. So, it takes me back to demand and the disconnect from spot. My only conclusion at this time is physical silver is undervalued, and not just a little.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Does somebody have a reasonable explanation for this?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...