That chart is in a blow-off, the only question is how far does it go. We are near a turning point. Could be getting started right now but the jury is out at the moment.
Better to give up a '63 dime for a loaf of bread than 1/10 t.oz AGE because you have "no change", and you and your family are starving.Silver is also money, whatever the 100% gold heads think.
Better to give up a '63 dime for a loaf of bread than 1/10 t.oz AGE because you have "no change", and you and your family are starving.
100% agree. I've always embraced the analogy that gold is my savings account and silver is my checking account. Those who are dissing on sliver are disappointed it hasn't hit $50 oz yet so they're frustrated. This still needs to play out. Silver will not stay at its present rates for much longer. Neither will gold. I have no fancy charts to present to support that statement like the some of the people here with the big brains. I just know that what we're seeing happen right now can't be explained by charts and graphs.THERE IT IS ^^^^^^^^^^^^^^^^^^^^^^^^^^
For anyone who thinks junk silver is worthless because ____________________ <-- fill in any reason, they really need to think again just what the bloody hell HARD MONEY is.
Krugerrands, Credit Suisse bars, yada are definitely extremely valuable. But in everyday life (not car-purchasing level of transactions) you need fungible hard money.
Shock alert: "real" pennies make change.Currently very easy to get, cheap too.
Just sayin'...
Heck, I'll offer the LCS 100-1...no takers.
I'm holding on to my gold as I have enough silver at this point
But no one can find physical at that price. The cheapest that can be found is around $15 right now if you can find anyone actually offering any for sale.It takes up a lot of space I know. But say you bought and ounce a couple of years ago for $1,250. You are getting silver for almost spot right now at $12.50. This is the best silver deal I can think of right now.
Considering how little is available at that price, I don't understand how anyone could think they are going to be able to take a better position if the "spot" price goes down any farther.But no one can find physical at that price. The cheapest that can be found is around $15 right now if you can find anyone actually offering any for sale.
But no one can find physical at that price. The cheapest that can be found is around $15 right now if you can find anyone actually offering any for sale.
With what? All I see close to that price is 100 oz barsScottsdale is taking orders. My truck is filled @ 13.67 / oz.
Alrighty then!!Well I'm not gonna fill up a truck with 1 oz rounds.
I might consider 100 SAE's, might, not generic though. JMHO which means nothing.I'm calling my dealer in a few minutes when he opens. If I can get 100 rounds for a gold eagle what do you think?
I just bought a couple, couldn't resist the price!With what? All I see close to that price is 100 oz bars
https://www.scottsdalemint.com/product/100-oz-scottsdale-king-stacker-silver-bar/
Scottsdale with 5 oz stacker round at $14.13 per oz, kilo at $14.08, 100 oz $13.97 (the secondary market 100 ozers for $13.77 sold out now)
Not bad pricing as far as the market goes now.
With what? All I see close to that price is 100 oz bars
https://www.scottsdalemint.com/product/100-oz-scottsdale-king-stacker-silver-bar/
Why would you pay that much for rounds when they can still be had for much less? (but you had better hurry)Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
I see what you are saying. All online retailers are sold out till the middle of next month at minimum. Are they actually keeping track of how much they have sold? Are they really going to get the supply expected? These are the questions I've been asking myself.Why would you pay that much for rounds when they can still be had for much less? (but you had better hurry)
https://www.gainesvillecoins.com/hunter-1-oz-silver-round/dd/872
I understand your point but those premiums the LCS is charging are still to high consider buying IMHOI see what you are saying. All online retailers are sold out till the middle of next month at minimum. Are they actually keeping track of how much they have sold? Are they really going to get the supply expected? These are the questions I've been asking myself.
Roger that. It's about the same price I would have paid if I bought two weeks ago.I understand your point but those premiums the LCS is charging are still to high consider buying IMHO
If they are selling silver they don't have at these low prices, it can mean only one thing. The banksters own these bullion dealers for the purpose of suppressing metals so they don't appear to be a safe haven.I see what you are saying. All online retailers are sold out till the middle of next month at minimum. Are they actually keeping track of how much they have sold? Are they really going to get the supply expected? These are the questions I've been asking myself.
I'd be happy with what I have or find something on line. Careful for online right now as the delays are very long, 4 weeks plus long.
WOW, just WOW!! I'd like to see the chart mongers here to make sense out of this with their historic graphs and charts118.83/1 for the weekend.