2.45 over spot 2014 ASE's

oilstates2003 · April 17, 2014 12:50PM

Limited Time Only – 2014 American Silver Eagles (BU) $2.45 Over Spot, Any Quantity.

JM

hchcoin · April 17, 2014 12:56PM

Good price. Wonder if they think the price is going down further and they want to unload some inventory

derryb · April 17, 2014 9:45PM

<< Good price. Wonder if they think the price is going down further and they want to unload some inventory

>>

Matter of cash flow for new inventory. Worldwide mint products continuously being released.

Downtown1974 · April 17, 2014 10:42PM

I would be all over this if it weren't for the medical bills my mailman brought yesterday. Damn responsibilities!

derryb · April 17, 2014 10:49PM

<< I would be all over this if it weren't for the medical bills my mailman brought yesterday. Damn responsibilities!

>>

Ain't it funny how they only lose coins?

Downtown1974 · April 17, 2014 11:05PM

<< Ain't it funny how they only lose coins? >>

Yes...bad news in envelopes always finds it's way to my mailbox, but good news in bubble mailers always finds it's way between the seat of the mail truck.

BAJJERFAN · April 18, 2014 12:48AM

Why would anyone want these when you can buy rounds for $26+ a pop in that other thread?

jdimmick · April 18, 2014 3:15AM

apmex lowered there's also, to close to that.

Must be a sign

Silveraholic · April 18, 2014 4:48AM

<< Good price. Wonder if they think the price is going down further and they want to unload some inventory

>>

I don't get it. How do people who invest in precious metals not know how these dealers work? The big dealers are fully hedged. It doesn't matter what the price does. Up or down the dealer makes his money on the spread. If silver goes up $10 or down $10 tomorrow the dealer doesn't make or lose any money.

ArizonaJack · April 18, 2014 7:40AM

Think I'll add a roll to the stack.

nibanny · April 18, 2014 7:55AM

Thanks! I did buy a roll to see how JM works, haven't bought anything from them yet.

ArizonaJack · April 18, 2014 8:49AM

Last similar special they ran, I bought 30 ASE and perfect smooth 100% transaction. They ship in mint tubes which is nice :-)

BAJJERFAN · April 18, 2014 9:01AM

This is essentially monster box pricing.

hchcoin · April 18, 2014 9:22AM

<< 

<< Good price. Wonder if they think the price is going down further and they want to unload some inventory

>>

I don't get it. How do people who invest in precious metals not know how these dealers work? The big dealers are fully hedged. It doesn't matter what the price does. Up or down the dealer makes his money on the spread. If silver goes up $10 or down $10 tomorrow the dealer doesn't make or lose any money. >>

I find it hard to believe that these large precious metals dealers are not doing a bit of speculating along side their hedging activities. Just look at the banking industry and the losses they suffered from betting/speculating on interest rate movements when they were telling their shareholders they were only hedging. I may be ignorant or naïve, but I don't believe these large precious metals dealers are not betting on price movements as well when a clear indicator tells them the market is falling.

Ask almost anyone who has worked in the futures market and they will tell you that the big boys are hedging and speculating on a daily basis.

I agree that a true hedger is making money on the spread, I just question if these firms are as pure as you think they are. Here is an example of what I am talking about:

Barings Bank

So my question to you is, how do people who invest in precious metals not know how these dealers work?

Silveraholic · April 18, 2014 11:26AM

<< 

<< 

<< Good price. Wonder if they think the price is going down further and they want to unload some inventory

>>

I don't get it. How do people who invest in precious metals not know how these dealers work? The big dealers are fully hedged. It doesn't matter what the price does. Up or down the dealer makes his money on the spread. If silver goes up $10 or down $10 tomorrow the dealer doesn't make or lose any money. >>

I find it hard to believe that these large precious metals dealers are not doing a bit of speculating along side their hedging activities. Just look at the banking industry and the losses they suffered from betting/speculating on interest rate movements when they were telling their shareholders they were only hedging. I may be ignorant or naïve, but I don't believe these large precious metals dealers are not betting on price movements as well when a clear indicator tells them the market is falling.

Ask almost anyone who has worked in the futures market and they will tell you that the big boys are hedging and speculating on a daily basis.

I agree that a true hedger is making money on the spread, I just question if these firms are as pure as you think they are. Here is an example of what I am talking about:

Barings Bank

So my question to you is, how do people who invest in precious metals not know how these dealers work?

>>

It's like comparing apples to oranges comparing investment banks to online pm retailers but perhaps you have a point. Although I don't know why the management for these companies would risk their money on speculation when selling their hedged inventory is a sure money maker even with the thin margins.

bronco2078 · April 18, 2014 11:48AM

I don't think Tulving was fully hedged

Silveraholic · April 18, 2014 12:11PM

<< I don't think Tulving was fully hedged

>>

Wasn't Tulving a convicted criminal 25 years ago? Why would anybody do business with that guy? I'm talking about reputable business.

VanHalen · April 18, 2014 12:25PM

<< .....I'm talking about reputable business. >>

I heard about one of those on the History Channel.

BAJJERFAN · April 21, 2014 1:37AM

<< I don't think Tulving was fully hedged

>>

More likely he was fully wedged; caught so tight between a rock and a hard spot that there was no escape.

cohodk · April 21, 2014 4:47AM

These sales are becoming accurate predictors of near term price movements. I wonder who is manipulating who?

BAJJERFAN · April 21, 2014 6:21AM

<< These sales are becoming accurate predictors of near term price movements. I wonder who is manipulating who? >>

Good for stackers and flippers if one can afford to hold for awhile.

Kip · April 21, 2014 7:30AM

Thats cool as APMEX wants $8.50 over spot for maple leafs??
Kip

DenverDave · April 21, 2014 9:38AM

<< These sales are becoming accurate predictors of near term price movements. I wonder who is manipulating who? >>

Hey... cohodk can you expand on your view, not sure what term price movements mean/is...?

BAJJERFAN · April 22, 2014 8:37AM

<< Good price. Wonder if they think the price is going down further and they want to unload some inventory

>>

The Mint keeps chittin em out as fast as they can and I think the demand is waning for them. Sometimes they gotta provide incentive/s to get em sold.

cohodk · May 30, 2014 12:05AM

Silver down over 5% since this thread started. Again I ask, who is manipulating whom?

2.45 over spot 2014 ASE's

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