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<p>[QUOTE="medoraman, post: 1696865, member: 26302"]Good plan. Its a tough time. Many retailers believe either silver is going back up, or they can simply charge higher since many may not have heard the news from the last couple of weeks from the market. </p><p><br /></p><p>Maybe they are right, maybe its going to pop back up. Ask yourself this though. Were you looking to buy a lot of silver when it was in the high 20's? If not, why are you willing to pay such high premiums today, that basically will take any profit away from you for the next $3-4 dollars in silver market appreciation? It always is this way, the basis always increases when there is a move downward. Please trust me, if market prices stay at these levels, new coin production will move into the sales channel, the initial buying frenzy will wear off, and premiums will drop back down to historical levels. They always have in every market drop I have been around since the 70's. If you believe this is the new market price of silver, wait. Prices will drop, I guarantee it. If you think they will go back up into the 30s this year, please by all means buy at today's premiums since you will be still be making a profit.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1696865, member: 26302"]Good plan. Its a tough time. Many retailers believe either silver is going back up, or they can simply charge higher since many may not have heard the news from the last couple of weeks from the market. Maybe they are right, maybe its going to pop back up. Ask yourself this though. Were you looking to buy a lot of silver when it was in the high 20's? If not, why are you willing to pay such high premiums today, that basically will take any profit away from you for the next $3-4 dollars in silver market appreciation? It always is this way, the basis always increases when there is a move downward. Please trust me, if market prices stay at these levels, new coin production will move into the sales channel, the initial buying frenzy will wear off, and premiums will drop back down to historical levels. They always have in every market drop I have been around since the 70's. If you believe this is the new market price of silver, wait. Prices will drop, I guarantee it. If you think they will go back up into the 30s this year, please by all means buy at today's premiums since you will be still be making a profit.[/QUOTE]
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