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Why are you buying silver for 5 bucks over spot?
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<p>[QUOTE="alucard86, post: 4410689, member: 71849"]@<font size="4"><b><a href="https://www.cointalk.com/members/bditto39.107194/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/members/bditto39.107194/">bditto39</a></b> You're right it is a different market and situation. You're right its not 1 to 1 like with ammo price gouging. However with these prices who would want to get into silver stacking atm (seasoned or newbie)? I was ready to get back in when it crashed to $11.90. Buy low sell high. But no one local and clearly no one online wants to make a deal, or sell at a reasonable price per coin (1oz bullion & 1oz rounds). I'm not buying silver when its $11.90 an oz (market value) but I can only purchase it for $22 an oz. Or the current situation of $15 something an oz for $27 per coin. So I'll stick with the ETF. At least when silver crashes the SLV ETF price isn't listed for $14.30 but I have to pay $24.30 to buy a share.</font>[/QUOTE]</p><p><br /></p>
[QUOTE="alucard86, post: 4410689, member: 71849"]@[SIZE=4][B][URL='https://www.cointalk.com/members/bditto39.107194/']bditto39[/URL][/B] You're right it is a different market and situation. You're right its not 1 to 1 like with ammo price gouging. However with these prices who would want to get into silver stacking atm (seasoned or newbie)? I was ready to get back in when it crashed to $11.90. Buy low sell high. But no one local and clearly no one online wants to make a deal, or sell at a reasonable price per coin (1oz bullion & 1oz rounds). I'm not buying silver when its $11.90 an oz (market value) but I can only purchase it for $22 an oz. Or the current situation of $15 something an oz for $27 per coin. So I'll stick with the ETF. At least when silver crashes the SLV ETF price isn't listed for $14.30 but I have to pay $24.30 to buy a share.[/SIZE][/QUOTE]
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