What are you all paying for 90% junk?

Discussion in 'Bullion Investing' started by jlogan, Jan 1, 2016.

  1. Bman33

    Bman33 Well-Known Member

    Buy prices in my area are not as good as they used to be. I talked to a dealer and he said there is just a lot on the market. Buy used to be melt but now Melt-$.25 per face.
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  3. V. Kurt Bellman

    V. Kurt Bellman 2016 Secretary, Red Rose CC

    I agree absolutely that this is correct - there's so much supply out there, it's bordering on ridiculous. So why do so-called "numismatic investment consultants" and that guy on TV who "think(s) silver is going to $200" keep saying that there's a shortage? Oh yeah, I forgot - either they're stupid or they think YOU are.

    Let's get this straight - if you take coins and medals out of the demand side (it's just "parked" supply), industrial demand for silver is in slow freefall. Sorry, bullion hawkers, but that's just the fact.
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