Might be time to sell some silver soon...

Last one I tried would only say "FLUID LOW".

 

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At least no one mentioned 9 ball. Sure signs of a misspent youth.

 

It can have both positive and negative results. Please think seriously about how doing so would affect you.

 

I was going to mention the 2011 high as well and that we still aren't close to that number today (and that does not count inflation). I sold one of my duplicate silver proof sets around that time (and would have been smart to sell them all back then rather than keep waiting but my crystal ball was also not working ).

By the way, you were correct in the "below $12" comment as the unusual 2020 market had an intraday low in the $11.xx range for silver on March 18. However, physical silver did not get that low as premiums were generally $5+ per ounce at that time from what I recall.

 

I posted quality AU Silver mm Mercury and $2.5 Indian AU Gold coins on Craigslist at <spot, and finally found an interested past buyer with loose five figure Fiat.
Buyers appear to believe that U.S. Fiat will remain as the dominate source for value retention!
Before 1950 when I started collecting as a helper in a BM coin shop, everything was raw, graded by owner experience.
Today I need Fiat to acquire NGC/PCGS future premium Gold PR/MS69-70 coins.
Collectors generally appreciate the premium realized when buying for significantly less than market pricing, without paying tax/s/h fees!

 

If you can purchase Morgans or Halves and Quarters below spot at this time, Do you pull the trigger? and have dealt seller with several times b4.`

 

Would depend on the Morgans and halves/quarters, but... below spot? It would be tempting.

I try to stick to "don't pay more than you know you could get if you sold them tomorrow". Not sure why, though, because I'm not a dealer, and tomorrow rarely comes.

 

They are not culls or holed or damaged, bent just average circulated coins, The way Silver is trending it seems ok, or safe but I know my luck sometimes, well here is the deal 32 franklins for 360.00............ melt 419.68 or there abouts that's 11.25 apiece. I told him I would let him know this evening after supper. plus ship forgot that

 

Yes. Emphatically, yes. Always buy bullion if you can get it below that moment's market spot price.

 

That’s about 14% under spot.
With market volatility lately that’s reasonable. Remember, the dollar index is down to 97.86 from 109.35 on Jan 20, a 10%+ currency move of huge proportion. Same timeframe silver up 17%, from 31.14 to 36.71. US buck ain’t worth as much now
About 10% downside possible in the buck
I’m old and selling into the euphoria

I’d need 10% behind spot to buy physical now.

 

I purchased 17 90% Silver JFK 1/2 Dollars 1964, 203.00 shipped and passed on franklins until this am and see what's the Spot Price is... and it is 36.11