Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Silver shortage?
>
Reply to Thread
Message:
<p>[QUOTE="clembo, post: 421285, member: 8033"]First welcome to CT.</p><p><br /></p><p>$15,90 on silver eagles is a good price right now. I work in a shop and we're selling at $20.</p><p><br /></p><p>Why? Most dealers have way over current spot invested in them. They don't want to lose $2-4 for every piece they sell.</p><p><br /></p><p>We are actually one of the few shops selling much silver right now in my area. A few I think ARE precariously low while others are sitting on it.</p><p><br /></p><p>When silver was high we were buying CONSTANTLY but the boss was also smart enough to move it fast.</p><p>Todays silver purchase was a set of Sterling silverware.</p><p><br /></p><p>Rzage hit it. When the dollar was weaker there was a lot more silver available because people were streaming in to sell. Now the dollar is stronger and people are looking to buy.</p><p><br /></p><p>The surge in the dollar and the plummeting of precious metals has thrown the industry into an uncertain area. Even a slight boost would help level the sitution out from a seller's point of view.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 421285, member: 8033"]First welcome to CT. $15,90 on silver eagles is a good price right now. I work in a shop and we're selling at $20. Why? Most dealers have way over current spot invested in them. They don't want to lose $2-4 for every piece they sell. We are actually one of the few shops selling much silver right now in my area. A few I think ARE precariously low while others are sitting on it. When silver was high we were buying CONSTANTLY but the boss was also smart enough to move it fast. Todays silver purchase was a set of Sterling silverware. Rzage hit it. When the dollar was weaker there was a lot more silver available because people were streaming in to sell. Now the dollar is stronger and people are looking to buy. The surge in the dollar and the plummeting of precious metals has thrown the industry into an uncertain area. Even a slight boost would help level the sitution out from a seller's point of view.[/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
>
Coin Chat
>
Silver shortage?
>
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...