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<p>[QUOTE="Slider, post: 1705966, member: 44205"]This is true, and foreign silver can even be purchased on ebay at or near melt. In fact, I have a friend who currently buys foreign gold near melt prices. </p><p><br /></p><p>For anyone who wants to buy ASE's right now but can't stomach the inflated margins, their alternative to hedge against the rising price of silver is to buy foreign or junk (when junk can be found) US coin silver as a way to park their money in the metal. Should the price of silver rise, you're gains are built into the existing metal. When the margins on ASE's do finally come down (and they will), you can convert your spot priced metal into ASE's for the new, smaller margin, regardless of the current spot value of the metal. </p><p><br /></p><p>The only way that hedge doesn't work is if you believe that the new margins on eagles are a permanent change and are here to stay. That is doubtful, considering that they've minted about a half billion of them and show no signs of stopping.[/QUOTE]</p><p><br /></p>
[QUOTE="Slider, post: 1705966, member: 44205"]This is true, and foreign silver can even be purchased on ebay at or near melt. In fact, I have a friend who currently buys foreign gold near melt prices. For anyone who wants to buy ASE's right now but can't stomach the inflated margins, their alternative to hedge against the rising price of silver is to buy foreign or junk (when junk can be found) US coin silver as a way to park their money in the metal. Should the price of silver rise, you're gains are built into the existing metal. When the margins on ASE's do finally come down (and they will), you can convert your spot priced metal into ASE's for the new, smaller margin, regardless of the current spot value of the metal. The only way that hedge doesn't work is if you believe that the new margins on eagles are a permanent change and are here to stay. That is doubtful, considering that they've minted about a half billion of them and show no signs of stopping.[/QUOTE]
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