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<p>[QUOTE="InfleXion, post: 2341083, member: 29012"]Typically you ought to be buying at $2-3 over spot. Eagle premiums have been a bit higher than that at times, but I got some maple leaves for around there recently.</p><p><br /></p><p>When it's time to sell, if you're going to sell to a coin shop then they'll probably offer you around spot price, but you can sell to other individuals to get your premium back in some cases.</p><p><br /></p><p>If your concern is to turn a quick buck you might be better off buying paper silver, but that also undermines your investment since by not buying the real thing you aren't creating any real demand.</p><p><br /></p><p>I don't think investing with the motive of making profit in notes of debt is the way to go though. Dollars by definition are denoted in grams of gold or silver. What we have today are not dollars, not wealth.</p><p><br /></p><p>Every time you divest out of fiat currency in exchange for precious metals which are real money, technically that is 100% profit in real money because you didn't pay any real money to get the notes of debt that we use as currency.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2341083, member: 29012"]Typically you ought to be buying at $2-3 over spot. Eagle premiums have been a bit higher than that at times, but I got some maple leaves for around there recently. When it's time to sell, if you're going to sell to a coin shop then they'll probably offer you around spot price, but you can sell to other individuals to get your premium back in some cases. If your concern is to turn a quick buck you might be better off buying paper silver, but that also undermines your investment since by not buying the real thing you aren't creating any real demand. I don't think investing with the motive of making profit in notes of debt is the way to go though. Dollars by definition are denoted in grams of gold or silver. What we have today are not dollars, not wealth. Every time you divest out of fiat currency in exchange for precious metals which are real money, technically that is 100% profit in real money because you didn't pay any real money to get the notes of debt that we use as currency.[/QUOTE]
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