Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
I was warned earlier about the two prices of silver
>
Reply to Thread
Message:
<p>[QUOTE="Palladium, post: 1171935, member: 30600"]I was warned by a former investor that once we saw silver start to change in prices between paper and physical that we are in serious trouble. Right now I am seeing an oz of silver online go from $47-49 while the spot is $41.32. I also went to two of my local coin shops (3rd was closed for some reason) and they both had "raised their premiums" to $7 an oz, for generic!! (selling at $48.60). They are usually only selling about 4-6% over spot for generic… but about 17% over spot?!! Both dealers also told me that physical silver is getting scarce and the value isn't going down, the value of paper holdings are dropping. </p><p><br /></p><p>The spot price shouldn't be falling like it is. If there is any bubble it is not in physical silver but in paper. The real value of silver is in physical, not paper. I am not convinced by these charts as they are not accurately indicating the buying price of silver. At least not for me. Anyone else run into this when they thought they would buy some? </p><p><br /></p><p>Someone smart explain this to poor ol' me please. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Palladium, post: 1171935, member: 30600"]I was warned by a former investor that once we saw silver start to change in prices between paper and physical that we are in serious trouble. Right now I am seeing an oz of silver online go from $47-49 while the spot is $41.32. I also went to two of my local coin shops (3rd was closed for some reason) and they both had "raised their premiums" to $7 an oz, for generic!! (selling at $48.60). They are usually only selling about 4-6% over spot for generic… but about 17% over spot?!! Both dealers also told me that physical silver is getting scarce and the value isn't going down, the value of paper holdings are dropping. The spot price shouldn't be falling like it is. If there is any bubble it is not in physical silver but in paper. The real value of silver is in physical, not paper. I am not convinced by these charts as they are not accurately indicating the buying price of silver. At least not for me. Anyone else run into this when they thought they would buy some? Someone smart explain this to poor ol' me please. :)[/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
>
I was warned earlier about the two prices of silver
>
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...