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<p>[QUOTE="clembo, post: 434462, member: 8033"]Lots of "silver on paper" to be had. We'll most likely bail out a bunch of big business which makes Wall Street all happy.</p><p><br /></p><p>Try finding real silver that is READY TO SHIP. When you do find it look at the premiums vs. "spot price".</p><p><br /></p><p>Here's a good example of a large seller that actually delivers.</p><p><br /></p><p><a href="http://www.tulving.com/goldbull.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.tulving.com/goldbull.html" rel="nofollow">http://www.tulving.com/goldbull.html</a></p><p><br /></p><p>I have purchased from Tulving in the past without disappointment. A few months ago one could get 500 2008 silver eagles at $1.79 over spot. NOW it's $4.99 over spot.</p><p><br /></p><p>That's a good deal right now. At work we sell them at $22 each. Like $10 voer spot and that's insane.</p><p><br /></p><p>If silver bars or rounds come in for sale we buy at full spot in most cases. NOT something a shop normally does. We then sell at $5 over spot. People are buying. Buying to the point that we are getting low.</p><p><br /></p><p>We're looking for silver actually. Junk we buy at 8x (as I type this) and sell at 12x.</p><p><br /></p><p>Silver is artificially low IMHO.</p><p><br /></p><p>My boss has been at this since the 1960s. He was buying and selling when silver shot to $50 an ounce. Today he told me he's NEVER seen anything like this.</p><p><br /></p><p>The bubble will burst then watch it go up.</p><p><br /></p><p>I did start a thread of this vein a while back and my advice remains the same. If you're going to buy silver get the real thing. Don't expect it to be anywhere near spot in most cases though and if it is - jump on it.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 434462, member: 8033"]Lots of "silver on paper" to be had. We'll most likely bail out a bunch of big business which makes Wall Street all happy. Try finding real silver that is READY TO SHIP. When you do find it look at the premiums vs. "spot price". Here's a good example of a large seller that actually delivers. [url]http://www.tulving.com/goldbull.html[/url] I have purchased from Tulving in the past without disappointment. A few months ago one could get 500 2008 silver eagles at $1.79 over spot. NOW it's $4.99 over spot. That's a good deal right now. At work we sell them at $22 each. Like $10 voer spot and that's insane. If silver bars or rounds come in for sale we buy at full spot in most cases. NOT something a shop normally does. We then sell at $5 over spot. People are buying. Buying to the point that we are getting low. We're looking for silver actually. Junk we buy at 8x (as I type this) and sell at 12x. Silver is artificially low IMHO. My boss has been at this since the 1960s. He was buying and selling when silver shot to $50 an ounce. Today he told me he's NEVER seen anything like this. The bubble will burst then watch it go up. I did start a thread of this vein a while back and my advice remains the same. If you're going to buy silver get the real thing. Don't expect it to be anywhere near spot in most cases though and if it is - jump on it.[/QUOTE]
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What is up with the crash in silver prices
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