Discussion in 'Bullion Investing' started by Cinco71, May 15, 2021.
Just wondering what peoples' different price points are.
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Beyond that, I won't be buying any junk or other silver though.
At $50 I'll start selling Silver Eagles.
Maybe I should do a giveaway thread for a nice silver round...?!
Guess the price of silver spot to the penny Dec 31, 2021 sort of thing...
When online bullion dealers had a shortage of silver it was $12. I should have gotten 100 oz then. I'm not expecting silver to ever hit single digits again.
so people expecting it to go back down that
far have a long wait, I think more likely
it will continue to rise above $30, now that
more people have allot more fear in regards
to the future.
The problem is because of the pandemic
there is no way to track the price correctly
Up or down.
all, that seems like a low number to achieve
not been the greatest investment choice It's been held down for ages and is basically the only Commodity/Resource that hasn't substantially risen in price. It's roughly half the price it was at It's high in 1980. Lol.
For a material that is an absolute must have in todays technological world combined with a market as small as the silver market is. I believe the current price of silver is artificially low and will continue to cost average buy. Keep in mind I am looking at silver more as a long term investement, as insurance and as a hedge.
When you factor in the never ending printing of monopoly money and a $ that has already lost 98% of It's purchasing power silver at $27 doesn’t look that bad to me for the long term anyway. JMHO to each their own.
Contact me when you are ready. I will take it all
I've been accumulating for over 50 years. I've got all that I need and I'd be satisfied never buying again if prices don't retreat to the mid-high teens again. I've already begun distributing my hoard to the grandkids. Let them benefit from a zero cost to them.
As far as the sets I've been collecting all these years. I stopped buying from the mint when they became overpriced, excessive offerings, unlimited mintages, problematic phone systems on their release dates, favoring the TV hawkers, etc. etc. etc. I buy what I want a year or two after release, on the secondary market, for a fraction of what the mint sold them for.
Again, I'm not the least bit concerned if the price never retreats to my buy price. The new generation of collectors can pay those prices. I'm set with my stash.
It’s a great place to store wealth, not necessarily to gain it however, ASE,S
are $10, $11 over spot so is that the
New normal ?
Why won't you be buying junk silver? That's the cheapest and coolest!
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