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<p>[QUOTE="yakpoo, post: 1270486, member: 18157"]Sorry, I was out of town this week. Nice update! There was some pent up demand from the week before, but these numbers won't last. I just checked and silver closed for the week at $31/Oz...that's a 25% drop in just one (1) week!!</p><p><br /></p><p>Anyone brave enough to see this as a buying opportunity is bottom feeding...they're not interested in paying top "US Mint" dollar for silver. That's what I love about these sets...if silver goes up, you get silver below melt, prices rise, and sales decline. If silver goes down, prices stay the same, and sales REALLY go down. The future numismatic price "should" more than make up for any drop in silver prices.</p><p><br /></p><p>Is that a guarantee? ...nope. </p><p><br /></p><p>However, history shows that times of economic upheaval are the conditions which produce key date coins. I've always said that silver is fairly priced at $18/Oz (imo). When prices stabilize at these lower prices, the Mint will lower their prices and sales will increase...but that likely won't happen before the end of 2011.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1270486, member: 18157"]Sorry, I was out of town this week. Nice update! There was some pent up demand from the week before, but these numbers won't last. I just checked and silver closed for the week at $31/Oz...that's a 25% drop in just one (1) week!! Anyone brave enough to see this as a buying opportunity is bottom feeding...they're not interested in paying top "US Mint" dollar for silver. That's what I love about these sets...if silver goes up, you get silver below melt, prices rise, and sales decline. If silver goes down, prices stay the same, and sales REALLY go down. The future numismatic price "should" more than make up for any drop in silver prices. Is that a guarantee? ...nope. However, history shows that times of economic upheaval are the conditions which produce key date coins. I've always said that silver is fairly priced at $18/Oz (imo). When prices stabilize at these lower prices, the Mint will lower their prices and sales will increase...but that likely won't happen before the end of 2011.[/QUOTE]
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