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<p>[QUOTE="1970 Silver Art, post: 601896, member: 18828"]That also makes sense too. A mixture of both works for me. I will buy a few oz's of silver a month and at the same time I will save up some money to make a larger purchase in the summertime when PM prices have been traditionally weak. You would be somewhat hedging yourself because if silver keeps going up then the silver that you bought in the previous months would have gone up in $ value and you would have not have missed any upside. If silver went down from these levels, then the money that you saved up during the previous months can be used to buy silver at lower prices. </p><p> </p><p>There is another factor in this also. Lets say that spot silver goes down to $10.00. Would the premiums go down that much when spot silver is $10-$11? For example, with spot silver at $15.79 (as of Fridays close) and SAE's at ,for example, say $20 then that is $4.21 over spot. If silver falls to $10 and the prices on SAE's fall to, for example, say $16.00, then that is $6 over spot silver. That is also assuming that the coin dealer bought the SAEs at a price where the coin dealer is still selling for a profit. Premiums will play a large part in purchasing silver if/when silver pulls back IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 601896, member: 18828"]That also makes sense too. A mixture of both works for me. I will buy a few oz's of silver a month and at the same time I will save up some money to make a larger purchase in the summertime when PM prices have been traditionally weak. You would be somewhat hedging yourself because if silver keeps going up then the silver that you bought in the previous months would have gone up in $ value and you would have not have missed any upside. If silver went down from these levels, then the money that you saved up during the previous months can be used to buy silver at lower prices. There is another factor in this also. Lets say that spot silver goes down to $10.00. Would the premiums go down that much when spot silver is $10-$11? For example, with spot silver at $15.79 (as of Fridays close) and SAE's at ,for example, say $20 then that is $4.21 over spot. If silver falls to $10 and the prices on SAE's fall to, for example, say $16.00, then that is $6 over spot silver. That is also assuming that the coin dealer bought the SAEs at a price where the coin dealer is still selling for a profit. Premiums will play a large part in purchasing silver if/when silver pulls back IMO.[/QUOTE]
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