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<p>[QUOTE="Vess1, post: 26743072, member: 13650"]It all depends on how you want to feel about it. I know how I felt when silver briefly hit $120 and was wondering if it was going to keep going. I've thought for quite a while that the $20-$30 level in comparison to anything else in life over same time period seemed completely unrealistic. </p><p> There are active efforts to try to keep the price suppressed to what it is. I now look at it as any ounce I can get under $100 is a gift. I had points on my Apmex card and bought a 2026 Kookabura for $68 shipped. I paid the new exorbitant price for a couple ASEs. They sold out immediately and already sell for more on the secondary market but not interested in selling. Often at the US Mint, collector ASEs have been 3x spot. If they continued with that tradition, they could be charging $255 for one collector ASE if they wanted to now. That would match past precedent and we may see that soon. 2021-2025 were gift years.</p><p><br /></p><p> Selling to dealers, spot is all that matters but selling to the public, spot is meaningless. People pay way over for everything. I see it every day. </p><p><br /></p><p> I've accepted the past is the past and current economic policy will only breed higher inflation as time goes on. This keeps playing out and all people do is complain about the new prices in comparison to what they used to be instead of taking advantage of the moment. Real investment in PMs hasn't even scratched the surface in this country. If mass amounts of people wasting money on crypto, pokemon cards, handbags, shoes or whatever other BS is out there, ever figure it out, a 1% increase in demand would clear the stores out of available physical immediately. Hopefully everybody stays diluted and distracted by nonsense so we can buy more.</p><p><br /></p><p> EDIT TO ADD: I still have silver in my collection that was acquired at under $5/oz.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 26743072, member: 13650"]It all depends on how you want to feel about it. I know how I felt when silver briefly hit $120 and was wondering if it was going to keep going. I've thought for quite a while that the $20-$30 level in comparison to anything else in life over same time period seemed completely unrealistic. There are active efforts to try to keep the price suppressed to what it is. I now look at it as any ounce I can get under $100 is a gift. I had points on my Apmex card and bought a 2026 Kookabura for $68 shipped. I paid the new exorbitant price for a couple ASEs. They sold out immediately and already sell for more on the secondary market but not interested in selling. Often at the US Mint, collector ASEs have been 3x spot. If they continued with that tradition, they could be charging $255 for one collector ASE if they wanted to now. That would match past precedent and we may see that soon. 2021-2025 were gift years. Selling to dealers, spot is all that matters but selling to the public, spot is meaningless. People pay way over for everything. I see it every day. I've accepted the past is the past and current economic policy will only breed higher inflation as time goes on. This keeps playing out and all people do is complain about the new prices in comparison to what they used to be instead of taking advantage of the moment. Real investment in PMs hasn't even scratched the surface in this country. If mass amounts of people wasting money on crypto, pokemon cards, handbags, shoes or whatever other BS is out there, ever figure it out, a 1% increase in demand would clear the stores out of available physical immediately. Hopefully everybody stays diluted and distracted by nonsense so we can buy more. EDIT TO ADD: I still have silver in my collection that was acquired at under $5/oz.[/QUOTE]
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