Discussion in 'Bullion Investing' started by Kevin wu, Jul 8, 2020.
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Anyone who pays $5-$10 over spot is feeding the fat cats at the top of the heap, nothing more!
And how about this one. Nine silver Morgan dollars for $19. Wow!
How do these scam artists get away with this?
$19 only seems high because it has been $15-$17 for the last 5 years.
Of course the situation was different.
The top link is a scam as they're not real American Silver Eagle Coins even tho' the add pretends that they are. The bottom one doesn't have real Morgan's either so they're both scams. How do they get away with it? They're slick as snot, that's how!
Yes, you're right but I haven't trusted silver since the retail price went above $3 over spot, that killed it for me! Anyone who pays the current retail prices, especially on ebay are striking out! JMHO as everyone has one (‿ˠ‿) and I just showed off mine!!
Pretty sure sliver will go up for next few years. It just beginning of the bull market.
Your prediction might be correct by the end of this week!
I bought my silver at $7/oz and watched it go way up, then back down again. Today's prices seem like a lot, and not enough, all at the same time.
So, silver goes up and down more than gold. That means if you think PM will go down, own gold. If you think its going up, own silver. Neither are "trash", and anyone believing so I believe are short sighted and/or misinformed. If people are paying a premium because they can only buy $200 at a time, it is not silver's fault. The same people would only be buying 1/10 ounce or 1/20th ounce gold, ALWAYS with a high premium. Those who prefer gold should compare their premiums versus 100 ounce bars of silver to try to be more apples and oranges.
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