Discussion in 'Bullion Investing' started by fretboard, May 25, 2020.
The prices are practically criminal!!
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Good option there, no LCS open in my area, not yet. Coming in June I'm thinking. Demand for silver is way too high for my money, but we'll see!
Makes no sense as there was never ever ever a problem finding ASEs. It's just the dealers wanted $30 + for them but of course still offer spot if you want to sell. Just try finding an AGE, maybe you might get lucky. A platinum or palladium eagle good luck but silver eagles have been everywhere, albeit at double spot. So now let's mint up millions more and call them "emergency". Yeah silver is so scarce just like it was going to be extinct by 2020.
When silvidiots (in mass) are willing to pay $30 an ounce, all of a sudden millions and millions of extra ounces of that scarce silver gets found to make emergency coins.
When APEs are going for $1000 no extra Platinum is found
When AGEs are going for $1800 no extra Gold is found
When Palladium Eagles are going for $2200 no extra Palladium is found.
And you guys want to believe silver is going anywhere when $30 = millions and millions of extra supply.
Lol. Do yourselves a favor and wake up
This is what gets me - I am no long term ASE expert but it feels like the spread between sell/buy has never been worse.
24 Hour Auction
Starting Bid $100
Shipping $4 standard / $8 priority ...
If silver is not going higher than $20/$30, then most stackers have been wasting there time and money; however, I agree with NumisNinja, silver will go much higher. If you buy at $20/oz., on the way up to $30, $40, or $50 an oz., how can that be bad? I see little downside. What about buying at $40 or $50 on the way up to $100/oz.? Here you need to really do your homework.
In the end, just don't use money you may need to pay bills. Emergency sales of precious metals are almost always painful.
It's not supposed to be, but it is. Rules are a little bit relaxed on this subforum.
It's also not allowed to personally attack individuals, but the poster in question goes after me fairly frequently. (It's usually for things that I don't actually say, and often for things I don't actually believe. Not important enough to respond to unless I'm really bored, or in a mood.)
Finally, it's also OK to offer to sell silver to someone here in the For Sale forum, get money for it, and then never deliver it. Well, not okay as such, but it won't get you kicked off. The owners and admins of the forum sort of have their hands tied legally, since getting involved in one dispute may expose them to legal liability for others. But if you have the particular personality quirk that causes you to keep hanging around this nest after you've fouled it, nobody will stop you. Apparently.
Especially study the chapter titled "2011".
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