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<p>[QUOTE="fatima, post: 1399625, member: 22143"]Whenever there is a big change in metal value, people look to change their position. Some get cold feet and dump their stockpile, others see it as a buying opportunity and buy those coins up. I too was at a coin show Saturday and saw an abundance, buckets, of Morgans selling for $25 and silver 1/2s going for $12.50. Last month someone in this sub forum said they would buy all the $28 Morgans they could get their hands on. So here is their chance. </p><p><br /></p><p>I don't think it means however, in aggregate, that people are starting to pile up on silver. It's just changing one hand from another as people place their bets for the next move. I also think it means the dealers have thrown in the towel and are finally dumping the silver they bought last year at much higher prices. The Morgans were going for slightly less than melt. An amazing change in fortunes. Maybe it was the nice 80 degree weather on Saturday afternoon and this coin show was on the lake too.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1399625, member: 22143"]Whenever there is a big change in metal value, people look to change their position. Some get cold feet and dump their stockpile, others see it as a buying opportunity and buy those coins up. I too was at a coin show Saturday and saw an abundance, buckets, of Morgans selling for $25 and silver 1/2s going for $12.50. Last month someone in this sub forum said they would buy all the $28 Morgans they could get their hands on. So here is their chance. I don't think it means however, in aggregate, that people are starting to pile up on silver. It's just changing one hand from another as people place their bets for the next move. I also think it means the dealers have thrown in the towel and are finally dumping the silver they bought last year at much higher prices. The Morgans were going for slightly less than melt. An amazing change in fortunes. Maybe it was the nice 80 degree weather on Saturday afternoon and this coin show was on the lake too.[/QUOTE]
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