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<p>[QUOTE="Clawcoins, post: 3219527, member: 77814"]There are multiple exchange markets around the world which includes: London, Comex, Globex, USA Colorado, Australia, China Exchange, Shanghai Exchange, Tokyo, Switzerland .. and there may be more. If you look at the Kitco charts at the bottom you can see major trading timelines.</p><p><br /></p><p>But if you are in the US then the US market is mostly driven by Comex; which is New Silver.</p><p>If you are in a trading floor then it would respective of which floor you are on.</p><p><br /></p><p>The economy has been chugging along very well for years.</p><p>Silver is currently valued at it's current valuation, spot price for new silver. This does not include secondary markets.</p><p><br /></p><p>It comes down to that the silver Spot price is what it is. It isn't what it isn't. Some ppl, economy naysayers; end of world types; etc will say that PMs are undervalued. Unfortunately, they are valued at their current valuation.</p><p><br /></p><p>Silver is used for a variety of things including (a) sale to be processed into rounds/bars; (b) coins; (c) used in industry/manufacturing; (d) jewelry; (e) other uses such as metal ETFs.</p><p><br /></p><p>If silver gets too high in price then (c) may look for alternatives. The others demand may drop. But it all depends.</p><p><br /></p><p>if you look at history of silver it really doesn't correlate well to the economy. It can correlate to the US Dollar Index more often than not. But look at 2011; there are exceptions to everything.</p><p><br /></p><p>You mention "which coins to exchange"</p><p>this is really a generic statement that you have a context to but we don't.</p><p><br /></p><p>What type of "coins" are you even talking about ?</p><p>Generic Rounds?</p><p>numismatic rounds?</p><p>actual coins? Cull coins all the way to well graded coins?</p><p>ASE/Maple Leaf type coins?</p><p>you haven't elaborated enough to give any good advice.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3219527, member: 77814"]There are multiple exchange markets around the world which includes: London, Comex, Globex, USA Colorado, Australia, China Exchange, Shanghai Exchange, Tokyo, Switzerland .. and there may be more. If you look at the Kitco charts at the bottom you can see major trading timelines. But if you are in the US then the US market is mostly driven by Comex; which is New Silver. If you are in a trading floor then it would respective of which floor you are on. The economy has been chugging along very well for years. Silver is currently valued at it's current valuation, spot price for new silver. This does not include secondary markets. It comes down to that the silver Spot price is what it is. It isn't what it isn't. Some ppl, economy naysayers; end of world types; etc will say that PMs are undervalued. Unfortunately, they are valued at their current valuation. Silver is used for a variety of things including (a) sale to be processed into rounds/bars; (b) coins; (c) used in industry/manufacturing; (d) jewelry; (e) other uses such as metal ETFs. If silver gets too high in price then (c) may look for alternatives. The others demand may drop. But it all depends. if you look at history of silver it really doesn't correlate well to the economy. It can correlate to the US Dollar Index more often than not. But look at 2011; there are exceptions to everything. You mention "which coins to exchange" this is really a generic statement that you have a context to but we don't. What type of "coins" are you even talking about ? Generic Rounds? numismatic rounds? actual coins? Cull coins all the way to well graded coins? ASE/Maple Leaf type coins? you haven't elaborated enough to give any good advice.[/QUOTE]
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