Underestimated projected sales. But they do have the silver to make more. Note the "bid premiums have also gone higher," another sign of strong demand at these prices.
The decline from democracy to tyranny is both a natural and inevitable one.
@TwoSides2aCoin said:
Bought a monster box from a walk in the other day. $14 each.
Got the monster box of 2018s for $19.50 each, at the beginning of the year.
I see bid premiums are rising.
appears seller didn't seek bids, he was obviously in a hurry to cut his losses. Silver eagle premiums are the highest they have ever been, unless of course a desperate seller is involved.
The decline from democracy to tyranny is both a natural and inevitable one.
@TwoSides2aCoin said:
Bought a monster box from a walk in the other day. $14 each.
Got the monster box of 2018s for $19.50 each, at the beginning of the year.
I see bid premiums are rising.
appears seller didn't seek bids, he was obviously in a hurry to cut his losses. Silver eagle premiums are the highest they have ever been, unless of course a desperate seller is involved.
I see there are ASEs on this very forum for $1.75 over. Have they not sold for $2.50 or even $3 over?
@TwoSides2aCoin said:
Bought a monster box from a walk in the other day. $14 each.
Got the monster box of 2018s for $19.50 each, at the beginning of the year.
I see bid premiums are rising.
appears seller didn't seek bids, he was obviously in a hurry to cut his losses. Silver eagle premiums are the highest they have ever been, unless of course a desperate seller is involved.
I see there are ASEs on this very forum for $1.75 over. Have they not sold for $2.50 or even $3 over?
If the spot of silver goes down, but the premium goes up, then it still isn't a great deal. Gotta find the places where the premium stays reasonable and low.
@Bochiman said:
If the spot of silver goes down, but the premium goes up, then it still isn't a great deal. Gotta find the places where the premium stays reasonable and low.
supply and demand determine premium. What are premiums for ASEs telling us right now?
The decline from democracy to tyranny is both a natural and inevitable one.
@Bochiman said:
If the spot of silver goes down, but the premium goes up, then it still isn't a great deal. Gotta find the places where the premium stays reasonable and low.
supply and demand determine premium. What are premiums for ASEs telling us right now?
I think we had this discussion in 2011, 012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020....
@Bochiman said:
If the spot of silver goes down, but the premium goes up, then it still isn't a great deal. Gotta find the places where the premium stays reasonable and low.
supply and demand determine premium. What are premiums for ASEs telling us right now?
I think we had this discussion in 2011, 012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020....
And as always, you still don't get it.
The decline from democracy to tyranny is both a natural and inevitable one.
@jmski52 said:
Rising premiums in a declining market tells me that the sellers would rather not be selling.
Agree. Yet the buyers are paying them.
To some extend, but obviously not enough buyers are willing to do so. The continued downward spiral of silver is the proof.
Oversupply and not enough demand is still the norm.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@jmski52 said:
Rising premiums in a declining market tells me that the sellers would rather not be selling.
Agree. Yet the buyers are paying them.
To some extend, but obviously not enough buyers are willing to do so. The continued downward spiral of silver is the proof.
Oversupply and not enough demand is still the norm.
downward spiral is a result of futures contracts, not physical sales. Spot price on the futures market (where one can short) determines the base price of physical silver. Over (unlimited) supply of paper silver (and shorts), is still the norm.
The fact that physical buyers are paying higher premiums and that the US Mint underestimated how many ASEs to have on the shelf indicates that physical demand has not suffered.
The decline from democracy to tyranny is both a natural and inevitable one.
@jmski52 said:
Rising premiums in a declining market tells me that the sellers would rather not be selling.
Agree. Yet the buyers are paying them.
To some extend, but obviously not enough buyers are willing to do so. The continued downward spiral of silver is the proof.
Oversupply and not enough demand is still the norm.
downward spiral is a result of futures contracts, not physical sales. Spot price on the futures market (where one can short) determines the base price of physical silver. Over (unlimited) supply of paper silver (and shorts), is still the norm.
The fact that physical buyers are paying higher premiums indicates that physical demand has not suffered.
I think we had this discussion already in 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018......
The lower prices go, the greater the chances COMEX will not be able to meet it's customers' growing demand for physical delivery. For this reason COMEX will develop an interest in higher prices.
Metal prices are currently affected by China's choice to weaken its currency. This tells us that metal prices are no longer fully dependent on dollar movement. This is the first step in physical metal breaking free from the influence of paper metal. Just maybe China wants to bankrupt COMEX.
The decline from democracy to tyranny is both a natural and inevitable one.
Why are the bullion versions the only coin not available?
The other coins can't really be that much harder to produce when compared to bullion. Plus, the bullion prices are still very high when compared to spot silver. The U.S. mint sure loves promoting inflation. There must be some serious Keynesian's in their management department. The U.S. mint must be connected to the Fed, because they love pushing inflation. I can buy a silver bar for almost spot, so who cares if the mint doesn't want to sell bullion eagles. I would never buy anything from the mint. They are the coin equivalent of a new car dealership. The mint is a joke. Everybody on this forum should boycott buying straight from the mint, IMO. Plus, the $5 mandatory shipping fee. What a joke.
Comments
Underestimated projected sales. But they do have the silver to make more. Note the "bid premiums have also gone higher," another sign of strong demand at these prices.
The decline from democracy to tyranny is both a natural and inevitable one.
That hasn't happened for awhile. I wonder if there's anything to it?
I knew it would happen.
Maybe JPM cleaned them out.
JP Morgan May Be Sitting On Almost 700 Million Ounces of Physical Silver
The decline from democracy to tyranny is both a natural and inevitable one.
This years Ag chart.......
^
Yeeouuchh
It's all about what the people want...
Bought a monster box from a walk in the other day. $14 each.
Got the monster box of 2018s for $19.50 each, at the beginning of the year.
from weak hands to strong hands. good job.
The decline from democracy to tyranny is both a natural and inevitable one.
I find that hard to believe !!!
Lots of bs.....spot down significantly thus year. ...no demand there!
Grasping at straws...
Here's a warning parable for coin collectors...
I see bid premiums are rising.
Knowledge is the enemy of fear
appears seller didn't seek bids, he was obviously in a hurry to cut his losses. Silver eagle premiums are the highest they have ever been, unless of course a desperate seller is involved.
The decline from democracy to tyranny is both a natural and inevitable one.
I see there are ASEs on this very forum for $1.75 over. Have they not sold for $2.50 or even $3 over?
Knowledge is the enemy of fear
The desperate buyers far outnumber someone looking for a quick exit
The decline from democracy to tyranny is both a natural and inevitable one.
If the spot of silver goes down, but the premium goes up, then it still isn't a great deal. Gotta find the places where the premium stays reasonable and low.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
supply and demand determine premium. What are premiums for ASEs telling us right now?
The decline from democracy to tyranny is both a natural and inevitable one.
Rising premiums in a declining market tells me that the sellers would rather not be selling.
I knew it would happen.
I think we had this discussion in 2011, 012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020....
Knowledge is the enemy of fear
And as always, you still don't get it.
The decline from democracy to tyranny is both a natural and inevitable one.
Agree. Yet the buyers are paying them.
The decline from democracy to tyranny is both a natural and inevitable one.
To some extend, but obviously not enough buyers are willing to do so. The continued downward spiral of silver is the proof.
Oversupply and not enough demand is still the norm.
downward spiral is a result of futures contracts, not physical sales. Spot price on the futures market (where one can short) determines the base price of physical silver. Over (unlimited) supply of paper silver (and shorts), is still the norm.
The fact that physical buyers are paying higher premiums and that the US Mint underestimated how many ASEs to have on the shelf indicates that physical demand has not suffered.
The decline from democracy to tyranny is both a natural and inevitable one.
I think we had this discussion already in 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018......
Always looking for a scapegoat.
Knowledge is the enemy of fear
The lower prices go, the greater the chances COMEX will not be able to meet it's customers' growing demand for physical delivery. For this reason COMEX will develop an interest in higher prices.
Metal prices are currently affected by China's choice to weaken its currency. This tells us that metal prices are no longer fully dependent on dollar movement. This is the first step in physical metal breaking free from the influence of paper metal. Just maybe China wants to bankrupt COMEX.
The decline from democracy to tyranny is both a natural and inevitable one.
Why are the bullion versions the only coin not available?
The other coins can't really be that much harder to produce when compared to bullion. Plus, the bullion prices are still very high when compared to spot silver. The U.S. mint sure loves promoting inflation. There must be some serious Keynesian's in their management department. The U.S. mint must be connected to the Fed, because they love pushing inflation. I can buy a silver bar for almost spot, so who cares if the mint doesn't want to sell bullion eagles. I would never buy anything from the mint. They are the coin equivalent of a new car dealership. The mint is a joke. Everybody on this forum should boycott buying straight from the mint, IMO. Plus, the $5 mandatory shipping fee. What a joke.
everything else is still on the shelf
The decline from democracy to tyranny is both a natural and inevitable one.