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Don't buy at these premiums, are you nuts?!
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<p>[QUOTE="myownprivy, post: 4266091, member: 84588"]If silver is $12.13 an ounce and you miraculously find Silver Eagles at $16.50, you buy. Go view many other threads in the bullion investing section from March 16-19. View the silverbugs reddit page for similar results. </p><p><br /></p><p>Yes, silver is $12.13 an ounce.</p><p>Yes, no one seems to be respecting this spot price.</p><p>Yes, if is difficult and near impossible to find Silver Eagles, Maples, and other government-issued silver bullion for less than $17 per ounce.</p><p><br /></p><p>But, it is a terrible idea to buy a Silver Eagle for $16.13 an ounce if you find one. SPOT IS $12.13. DO I NEED TO SAY THAT AGAIN? SPOT IS 12 BUCKS! Do you really think paying a 25% premium is a good deal? Dear god, people. If you buy at this price you need silver to rise 25% to sell for spot. Don't be foolish![/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 4266091, member: 84588"]If silver is $12.13 an ounce and you miraculously find Silver Eagles at $16.50, you buy. Go view many other threads in the bullion investing section from March 16-19. View the silverbugs reddit page for similar results. Yes, silver is $12.13 an ounce. Yes, no one seems to be respecting this spot price. Yes, if is difficult and near impossible to find Silver Eagles, Maples, and other government-issued silver bullion for less than $17 per ounce. But, it is a terrible idea to buy a Silver Eagle for $16.13 an ounce if you find one. SPOT IS $12.13. DO I NEED TO SAY THAT AGAIN? SPOT IS 12 BUCKS! Do you really think paying a 25% premium is a good deal? Dear god, people. If you buy at this price you need silver to rise 25% to sell for spot. Don't be foolish![/QUOTE]
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