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Something to think about

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  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Interesting !!! :)

    Timbuk3
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    It means that we may see a lower silver price for a while.... or, maybe not. :D;) Cheers, RickO

  • derrybderryb Posts: 36,823 ✭✭✭✭✭
    edited July 24, 2018 8:59AM

    It means a hard asset (First Majestic Silver shares) have a different price discovery mechanism than to spot prices (silver paper promises in the futures market). Apparently buyers place more value on ownership than they do a promise.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • SmudgeSmudge Posts: 9,524 ✭✭✭✭✭

    It means they are trying to sell you some of their stock

  • shinywhiteshinywhite Posts: 346 ✭✭✭

    Has anyone on here ever buy from provident metals? If so, what was the experience like?

  • Mission16Mission16 Posts: 1,413 ✭✭✭

    @shinywhite said:
    Has anyone on here ever buy from provident metals? If so, what was the experience like?

    I have purchased from Provident several times over the last few years. Nothing big, just enough of whatever is on special to get free shipping.

  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭

    @shinywhite said:
    Has anyone on here ever buy from provident metals? If so, what was the experience like?

    Many purchases without any problems.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭

    A couple of purchases from Provident, no issues.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • DrBusterDrBuster Posts: 5,379 ✭✭✭✭✭

    Had slow shipping one time, otherwise no issues here.

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Provident has always been easy to deal with for me, and often with good prices.


    Here's a warning parable for coin collectors...



  • shinywhiteshinywhite Posts: 346 ✭✭✭

    @dpoole said:
    Provident has always been easy to deal with for me, and often with good prices.

    Very true, it's always worth a little deeper research for sure

  • derrybderryb Posts: 36,823 ✭✭✭✭✭

    All reputable bullion dealers are reputable. . . until one day they are suddenly not.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    All reports I have seen on Provident have been favorable. Cheers, RickO

  • shinywhiteshinywhite Posts: 346 ✭✭✭

    I would just like to update:
    I recieved my order in a timely manner and the products within were as pictured. All in all, I will use provident metals again

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