Anonymous ID: d85ed6 March 17, 2020, 6:39 a.m. No.8448745   🗄️.is 🔗kun   >>9040 >>9319 >>9374

>>8448723

no one sells it when it does this little paper-silver dip thing that it does unless they are desparate!

It's just like no one really buys it when it gets sky high in price. You try to sell on the skyhigh day and they will smartly tell you that you have to 'take the price' that they get when they send it to whoever they send it to (a legitimate coin store or pawn shop).

not a day to sell silver, not a day to sell your gold or your stocks.

 

Supply and demand. The cabal can cook a low price that shows up in the ticker feed, but people don't have to sell at that price.

 

if you really have a large sum to throw down on silver today do it through the COMEX and buy rolls of coin silver. If they have ti. You'll get it sent to you in a few days/weeks assuming you have the credit.

if you really want to buy physical silver today will you feel guilty taking advantage of someone who doesn't know not to sell it today?

Anonymous ID: d85ed6 March 17, 2020, 6:56 a.m. No.8448843   🗄️.is 🔗kun   >>9040 >>9319 >>9374

>>8448786

I just priced a bag of coin silver on one of the mainline bullion dealers and I used to lurk it 10 or more years ago, so I remember what it was like. For a bag of US 90% coin silver they want a rather large markup! 100 dollar bag, with approx 72 ounces of silver has a melt value today of $903. The site wants $1476. That is a 50% markup! (don't buy it!).

 

When the market is calmer the price of coin silver is usually just a tiny bump up from the melt price. So ya, don't buy that from that site today.

 

I don't blame them. They know that the 12 dollar an ounce price is a blip. If it stays at that price then how can it be that no silver can be had at that price?

 

the cheepest melt I ever found were Canadian silver uncirculated sets. they have a bit more than an ounce of silver. I used to get them at melt. when melt was very very low (4 dollars or less).

People would have stacks of these, and they would want to get rid of them.

How many can you buy? how much silver is too much you forget you even have it?

Or I'd go to a coin store in say Las Vegas and look through the old junk silver (it was in the 80s) Mexican silver dollar sized coins from the 1800s. Those could be had for just a bit more than melt (plus I got to meet a lot of interesting people).

 

Ya, today is not a day anyone is going to sell you their precious metal at melt, unless they are in distress. And if they are do you really want to take advantage of someone?

Anonymous ID: d85ed6 March 17, 2020, 7:10 a.m. No.8448939   🗄️.is 🔗kun   >>8949

A 500 box of 1 ounce silver eagles is 12000 dollars at the bullion site. The melt price of that is about 6000. So they are charging a huge premium.

but really can you blame them? Would you sell at today's price?

by the time you get the coins the price will go back up, most figure. If it doesn't than . . . markets adjust.

wait till the market adjusts to buy your stupid (yes I say stupid) large purchase of bullion or coin silver.

why do I say stupid? Because the money could be better put into Stocks today, get a dividend paying blue chip and ride the dividend reinvestment.

Silver is an opportunity buy. You put the word out "i buy it" to friends who might be holding it.then you give them a fair price. You either sell it to coin dealer (pawn shop) or mail it off to the ones who buy it like that (like the coinstores do) or just stick it in a drawer where it sits and does nothing. It perhaps is educational to someone.

 

So the way to do it over the years was to grub it. And some day you say "I'm not a grub, let me stop this now."

 

I'd hear the stories of the dealers and usually they'd gleefully recount, without any sense of insight into how their story made them seem, they would recount how they'd buy stuff for much less than they knew that they could flip it for at a coin show.

 

I thought 'why do I come here anymore. Don't I have enough one ounce rounds to last me incase the world flips upside down and I have to hold on.

At some point you get past that 'I need to prepare for the worst to come' point of view and say 'let me do real thing, invest for diidends, stop being a grub.'