Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Spot price silver
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 1705546, member: 15199"]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Not for me, but probably for him. It is business. These are uncommon times in that the price change was sudden and large, rather than gradual up or down. With a gradual change, most bullion businesses can do a smaller premium, because they have a even turnover of premium with little change in the cost of the ASE or Maple-Leaf, so they make a living on the difference. If they have 500 ASE they purchased at $ 32, and it drops to $23, they don't want to sell unless the premium is large enough to make up some difference. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">If you can put off the temptation to buy now and wait for 3-9 months, the pricing may be more favorable. If you think it might go up by $8 in that time, the premium is of much less concern. If time is important ( maybe you are 80 and want some for the trip <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> , is one thing. If you are 20 and plan to buy a little every week/month, then one could hold and buy on an average price situation. I have bought ASE for under $8 ( I remember $5.75) and a premium of $1 ( outrageous at the time at a show) and still have the tube of them. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">I haven't bought more than 1 or 2 ASE at a time for a while. I did buy a tube of Maple-Leafs 2 weeks ago for spot +2.25 to add to the future as all seemed good. ASE and Maple-Leafs are well known, respected, and easy to sell without the hassle of the maker of rounds or bar silver. IMO of course. Mexican Libertads are common in my areas and fit into the same category. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p><a href="http://www.cointalk.com/t226435-post1696235/?highlight=#post1696235" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t226435-post1696235/?highlight=#post1696235">http://www.cointalk.com/t226435-post1696235/?highlight=#post1696235</a>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1705546, member: 15199"][LEFT][COLOR=#000000] Not for me, but probably for him. It is business. These are uncommon times in that the price change was sudden and large, rather than gradual up or down. With a gradual change, most bullion businesses can do a smaller premium, because they have a even turnover of premium with little change in the cost of the ASE or Maple-Leaf, so they make a living on the difference. If they have 500 ASE they purchased at $ 32, and it drops to $23, they don't want to sell unless the premium is large enough to make up some difference. If you can put off the temptation to buy now and wait for 3-9 months, the pricing may be more favorable. If you think it might go up by $8 in that time, the premium is of much less concern. If time is important ( maybe you are 80 and want some for the trip :) , is one thing. If you are 20 and plan to buy a little every week/month, then one could hold and buy on an average price situation. I have bought ASE for under $8 ( I remember $5.75) and a premium of $1 ( outrageous at the time at a show) and still have the tube of them. I haven't bought more than 1 or 2 ASE at a time for a while. I did buy a tube of Maple-Leafs 2 weeks ago for spot +2.25 to add to the future as all seemed good. ASE and Maple-Leafs are well known, respected, and easy to sell without the hassle of the maker of rounds or bar silver. IMO of course. Mexican Libertads are common in my areas and fit into the same category. [/COLOR][/LEFT] [URL]http://www.cointalk.com/t226435-post1696235/?highlight=#post1696235[/URL][/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
>
Bullion Investing
>
Spot price silver
>
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...