Sold a monster box at spot +10$. Customer had to have ASE's, only thing worth having during a crisis.
I hate selling silver at these premiums. Even moreso I hate replacing what I sell.
@Jinx86 said:
Sold a monster box at spot +10$. Customer had to have ASE's, only thing worth having during a crisis.
I hate selling silver at these premiums. Even moreso I hate replacing what I sell.
@Jinx86 said:
Sold a monster box at spot +10$. Customer had to have ASE's, only thing worth having during a crisis.
I hate selling silver at these premiums.
these buyers are mental cases . The silver is of no use in a pandemic , it will be fine after corona virus but why do you need it right now?
If you thought you needed it , why didn't you have enough already? any time in the last few years you could have bought as many ounces as you like for 18-20 bucks
They are not speculators. Speculators take positions in anticipation of events, not during or after events. People who are paying spot +$10 are emotionally compromised.
They are not speculators. Speculators take positions in anticipation of events, not during or after events. People who are paying spot +$10 are emotionally compromised.
its a symptom of coronavirus panic hoarding of stuff you didnt want yesterday . ASE's and toilet paper
They are not speculators. Speculators take positions in anticipation of events, not during or after events. People who are paying spot +$10 are emotionally compromised.
Investors take positions in anticipation of events. Speculators tend to jump on the train after it has shown forward momentum and left the station.
Keep an open mind, or get financially repressed -Zoltan Pozsar
They are not speculators. Speculators take positions in anticipation of events, not during or after events. People who are paying spot +$10 are emotionally compromised.
Investors take positions in anticipation of events. Speculators tend to jump on the train after it has shown forward momentum and left the station.
These aren't speculators then , they would be speculators if they were shorting silver but taking delivery of physical after paying huge premiums is a different thing which there may not be a name for
Many speculators are late to the game because they waited to make sure it didn't get rained out.
Sometimes it is better to jump on a fast train than it is to jump on an idle train that might be getting ready to back up. Most speculators are looking for the fast money, therefore they look for momentum.
Keep an open mind, or get financially repressed -Zoltan Pozsar
derryb
Posts: 36,203 ✭✭✭✭✭
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At least the 100% premiums have abated.
Or have they? $28+ each for a full roll? Ended minutes ago: https://www.ebay.com/itm/2014-AMERICAN-SILVER-EAGLE-DOLLAR-ROLL-BU-20-Coin-Lot/202939476282?hash=item2f4022a93a:g:7iIAAOSwRqxeUcv6
Liberty: Parent of Science & Industry
Sell @derryb sell, while you still have the opportunity to get "RICH".
The whole worlds off its rocker, buy Gold™.
Ha, troll advice.
Keep an open mind, or get financially repressed -Zoltan Pozsar
All the way to the bank derryb, all the way to the bank!!
Knowledge is the enemy of fear
It's closed, but with a couple of trips I can squeeze it thru the drive thu.
Keep an open mind, or get financially repressed -Zoltan Pozsar
So then, what is the current "fair" market price for nice BU ASE rolls? Say here on the BST board.....
AlmostOver 100 successful deals on this forum spanning well over 10 years now, feel free to ask for references!Sold a monster box at spot +10$. Customer had to have ASE's, only thing worth having during a crisis.
I hate selling silver at these premiums. Even moreso I hate replacing what I sell.
What is your replacement cost?
Spot plus $10/ASE???? Dangggg
Why do you hate selling at these levels?
Knowledge is the enemy of fear
these buyers are mental cases . The silver is of no use in a pandemic , it will be fine after corona virus but why do you need it right now?
If you thought you needed it , why didn't you have enough already? any time in the last few years you could have bought as many ounces as you like for 18-20 bucks
dang speculators
Keep an open mind, or get financially repressed -Zoltan Pozsar
makes no sense to load up at high premium after prices drop. Effectively paying more for it was when you weren't buying 6 months ago
They are not speculators. Speculators take positions in anticipation of events, not during or after events. People who are paying spot +$10 are emotionally compromised.
Knowledge is the enemy of fear
its a symptom of coronavirus panic hoarding of stuff you didnt want yesterday . ASE's and toilet paper
Investors take positions in anticipation of events. Speculators tend to jump on the train after it has shown forward momentum and left the station.
Keep an open mind, or get financially repressed -Zoltan Pozsar
These aren't speculators then , they would be speculators if they were shorting silver but taking delivery of physical after paying huge premiums is a different thing which there may not be a name for
Speculation is not limited to the futures market. Most speculation takes place outside of the futures market.
Keep an open mind, or get financially repressed -Zoltan Pozsar
im saying its the wrong word. Starting 50% in the hole is not speculating, its just dumb
Many speculators are late to the game because they waited to make sure it didn't get rained out.
Sometimes it is better to jump on a fast train than it is to jump on an idle train that might be getting ready to back up. Most speculators are looking for the fast money, therefore they look for momentum.
Keep an open mind, or get financially repressed -Zoltan Pozsar
>
Then they aint speculators, as they are usually gone by the first pitch.
They are usually gone before the train leave the station, as the speculation was on the trains arrival, not its departure.
Knowledge is the enemy of fear