chart shows it at $25 only four times over past ten years. Silver doesn't sit still.
"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
At $25.12, and it being not quite mid-October - I'd say that $29 silver is still up for grabs this year. I've been dithering a short while on making a buy, and it's already cost me maybe $4/oz just for my dithering.
Q: Are You Printing Money? Bernanke: Not Literally
And Goldman is predicting $30 silver price target (not sure in what time frame):
"All in all, Goldman concludes that over the next 3 years solar should boost silver total industrial demand by 2% in the base case and by 9% in a bull case."
@jmski52 said:
Has anyone noticed - it seems as if the premiums on silver are starting to decline?
APMEX has single 2020 ASE for $6.99 over!
That's been my price since my cost for monster boxes went from $3.95 over spot to $6 over plus shipping. And that's since March. Premiums aren't dropping, despite fluctuating prices.
That's been my price since my cost for monster boxes went from $3.95 over spot to $6 over plus shipping. And that's since March. Premiums aren't dropping, despite fluctuating prices.
boxes currently $5.50 over spot at APMEX and $4.59 over spot at dbscoins.
"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
That's been my price since my cost for monster boxes went from $3.95 over spot to $6 over plus shipping. And that's since March. Premiums aren't dropping, despite fluctuating prices.
boxes currently $5.50 over spot at APMEX and $4.59 over spot at dbscoins.
It pays to shop around and do your homework.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@carew4me said:
I passed on 3 strapped 2015 SAE Monster Boxes in April this year for $9650 ea.
It is known that a limited number of 2014-2017 ASEs were actually struck at either the Philly or the San Francisco mint. Some 2015s were actually attributed as P mint by the TPGs before the mint walked back on its method of identifying the Philly boxes. It seems the black marker serial number that the mint writes on each green box can be used to determine where the coins were struck. However, the mint has corrected itself at least once on the S/Ns it provided. CoinWorld has a few archived articles on this, but no definitive method of identification.
"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
That's been my price since my cost for monster boxes went from $3.95 over spot to $6 over plus shipping. And that's since March. Premiums aren't dropping, despite fluctuating prices.
boxes currently $5.50 over spot at APMEX and $4.59 over spot at dbscoins.
Well Yes. When the rush dies down so premiums drop.
"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
@jmski52 said:
Has anyone noticed - it seems as if the premiums on silver are starting to decline?
Hmm, gold and silver premiums continue to rise despite the fixed metals markets.
Not sure how things are going for you guys. But I just had a slew of my watchlist disappear on Ebay and all my overpriced coins sold (all the stuff meant to just sit pretty). Like raw $450-$500 au slider quarter eagles and $350 G$1.
There was a slight dip or maybe like 3 to 4 weeks ago, but since then, things have been pretty wild. It was also clear that inventories for major sellers swelled a couple weeks ago. Seemed like 3 or 4 big guys all reloaded at once.
I checked my wholesalers and even they dont have anything. "Nobody" seems to wanna sell. I logged in to check the BST but no surprise it's pretty picked over.
There appears to be another "sudden demand" in progress.
"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
@derryb said:
There appears to be another "sudden demand" in progress.
So much gold disappeared last night! I didn't think maples could get any thinner. Quarter eagles are floating around $450-$500 for AU sliders in plastic. $5 seem to be around $700-$750 for the same. $10 low MS are around $1200 now, are you kidding lol.
MS coins are wild. There are still amazing prices out there. Market is so hot both buyers and sellers are making out.
Yeah was talking about this last night with the wife. If that wave of 2020 bullion didnt come a few weeks ago, there'd be next to nothing left right now. Please don't tell her but I think she's right.
Things are about as bad right now as I thought they would've been in March. Sadly these last 9 months have been nothing compared to what we are in for. The variants are more contagious and more deadly. People are running out of money and fractional silver is becoming much more popular exactly like I said it was gonna.
Did you guys see all the 90% get wiped out too? Sort some categories by Newly Listed and none are older than 6h. Hahahaha.
"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
"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
recent lows are the bottom. For the past five years year-end selloffs have led to new-year rallies. And, like rust, inflation is slowly spreading.
"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
@TwoSides2aCoin said:
$24 looks like the ceiling. Where are you getting alternate facts ? Fortune tellers ?
$24 is next week's bottom.
Fact: For past five years year-end selloffs have led to new year rallies.
Fact: Inflation is slowly spreading.
Don't need a fortune teller to read the tea leaves. LOL
"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
@TwoSides2aCoin said:
$24 looks like the ceiling. Where are you getting alternate facts ? Fortune tellers ?
$24 is next week's bottom.
Fact: For past five years year-end selloffs have led to new year rallies.
Fact: Inflation is slowly spreading.
Don't need a fortune teller to read the tea leaves. LOL
Hope you're right too.
2020 has been the year of inverse relations, and broken fundamental realities sprinkled with a dash of, "can you believe this"?
I'm no expert, but times are truly WTF. That said, I'd predict a sharp breakdown, or, sharp melt-up. Why? It seems in these times we are either going down with the ship, or, going to the moon!
The media narrative seems to be the driver in all of this...I'd like to see fear taken out of the equation for a true picture that may get us closer to fundamentals because I don't think investors want to be directed by media-hype driven markets...we are stuck with this I guess.
Comments
Please transpose the numbers from $25 to $52 so I can rid myself of all this gutter metal for once and all. Thanks!
The whole worlds off its rocker, buy Gold™.
Ooo, if it’s predictin’ times I’m gonna say $30 before $20
It's all about what the people want...
So about $25. Will it sit here for another ten years ?
chart shows it at $25 only four times over past ten years. Silver doesn't sit still.
"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
Correct, historically it sits well south of $20. lolz
The whole worlds off its rocker, buy Gold™.
I've been a buyer on the dip and a seller there too, for decades. Dirty business.
At $25.12, and it being not quite mid-October - I'd say that $29 silver is still up for grabs this year. I've been dithering a short while on making a buy, and it's already cost me maybe $4/oz just for my dithering.
I knew it would happen.
Has anyone noticed - it seems as if the premiums on silver are starting to decline?
I knew it would happen.
APMEX has single 2020 ASE for $6.99 over!
And Goldman is predicting $30 silver price target (not sure in what time frame):
"All in all, Goldman concludes that over the next 3 years solar should boost silver total industrial demand by 2% in the base case and by 9% in a bull case."
https://www.zerohedge.com/commodities/joe-biden-about-send-silver-soaring
yeah, if you name a price just never name a time it will hit that number. one day. one day.
That's been my price since my cost for monster boxes went from $3.95 over spot to $6 over plus shipping. And that's since March. Premiums aren't dropping, despite fluctuating prices.
boxes currently $5.50 over spot at APMEX and $4.59 over spot at dbscoins.
"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
It pays to shop around and do your homework.
And one ebay seller has a monster box for $13,938 with free shipping... works out to $3.90 over spot per coin?
ebay BIN's from the "big boys"
Liberty...........$14,039
APMEX.....$14,080
DBX..........$14,181
Bullion Exchange.....$14,271
which equals to around $4.00 over spot
I passed on 3 strapped 2015 SAE Monster Boxes in April this year for $9650 ea.
Loves me some shiny!
It is known that a limited number of 2014-2017 ASEs were actually struck at either the Philly or the San Francisco mint. Some 2015s were actually attributed as P mint by the TPGs before the mint walked back on its method of identifying the Philly boxes. It seems the black marker serial number that the mint writes on each green box can be used to determine where the coins were struck. However, the mint has corrected itself at least once on the S/Ns it provided. CoinWorld has a few archived articles on this, but no definitive method of identification.
"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
I've got a 2012 monster box with the San Francisco seal. Probably worth less, since I have it.
Well Yes. When the rush dies down so premiums drop.
Yes premiums reflect the level of urgency to buy some silver and hurry up and put it away in your lock box where it is useful
Liberty: Parent of Science & Industry
Maintaining a hedge against government and bank malfeasance in the midst of an economic meltdown might be considered somewhat useful
I knew it would happen.
Market Report: Silver performing well
"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
Why does it have to be " useful "?
All of my assets are not useful. I need/want my assets to sit down, shut up and make me some money.
Which will come first.....$20 or $25?
My guess? Neither this year.
Once again, my crystal ball got it wrong....silver hit $25 today....still batting 100% in my predictions
woo
$25 on the rollercoaster.
it's the silver wave!
zzroller coaster
zzrollercoaster
Next stop $30.
Perhaps $0.30? They don't call it gutter metal for nothing.
The whole worlds off its rocker, buy Gold™.
they? or Them?
Well we had This,That, and The Other.
Once again, my crystal ball got it wrong....silver hit $25 today....still batting 100% in my predictions
Silver is much akin to being in a rowboat in the middle of the Atlantic Ocean. At night.
I knew it would happen.
I remember when gold & silver got all Drakes Passage in a row boat many years ago.
Thats when it hit $1000/$50.
Hmm, gold and silver premiums continue to rise despite the fixed metals markets.
Not sure how things are going for you guys. But I just had a slew of my watchlist disappear on Ebay and all my overpriced coins sold (all the stuff meant to just sit pretty). Like raw $450-$500 au slider quarter eagles and $350 G$1.
There was a slight dip or maybe like 3 to 4 weeks ago, but since then, things have been pretty wild. It was also clear that inventories for major sellers swelled a couple weeks ago. Seemed like 3 or 4 big guys all reloaded at once.
I checked my wholesalers and even they dont have anything. "Nobody" seems to wanna sell. I logged in to check the BST but no surprise it's pretty picked over.
There appears to be another "sudden demand" in progress.
"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
Sold more which means I have to buy more.... For more
I logged in to check the BST but no surprise it's pretty picked over.
Excellent news, maybe that will motivate me to get off my duff and sell what I've been too lazy to list for about 2 years.
I knew it would happen.
Ouch
ISO 1978 Topps Baseball in NM-MT High Grade Raw 3, 100, 103, 302, 347, 376, 416, 466, 481, 487, 509, 534, 540, 554, 579, 580, 622, 642, 673, 724__________________________________________________________________________________________________________________________________ISO 1978 O-Pee-Chee in NM-MT High Grade Raw12, 21, 29, 38, 49, 65, 69, 73, 74, 81, 95, 100, 104, 110, 115, 122, 132, 133, 135, 140, 142, 151, 153, 155, 160, 161, 167, 168, 172, 179, 181, 196, 200, 204, 210, 224, 231, 240
So much gold disappeared last night! I didn't think maples could get any thinner. Quarter eagles are floating around $450-$500 for AU sliders in plastic. $5 seem to be around $700-$750 for the same. $10 low MS are around $1200 now, are you kidding lol.
MS coins are wild. There are still amazing prices out there. Market is so hot both buyers and sellers are making out.
Yeah was talking about this last night with the wife. If that wave of 2020 bullion didnt come a few weeks ago, there'd be next to nothing left right now. Please don't tell her but I think she's right.
Things are about as bad right now as I thought they would've been in March. Sadly these last 9 months have been nothing compared to what we are in for. The variants are more contagious and more deadly. People are running out of money and fractional silver is becoming much more popular exactly like I said it was gonna.
Did you guys see all the 90% get wiped out too? Sort some categories by Newly Listed and none are older than 6h. Hahahaha.
"Bloodbath." Has reality hit the PM market?
not sure about reality.
i am also wondering if the fun is over or is buying op ahead.
". . .come on bonus bucks."
"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
The bottom is in, next stop $30, then $35
"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
I think we need to, once again, hit $25 first
What price range do you consider "the bottom is in?"
recent lows are the bottom. For the past five years year-end selloffs have led to new-year rallies. And, like rust, inflation is slowly spreading.
"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
$24 looks like the ceiling. Where are you getting alternate facts ? Fortune tellers ?
$24 is next week's bottom.
Fact: For past five years year-end selloffs have led to new year rallies.
Fact: Inflation is slowly spreading.
Don't need a fortune teller to read the tea leaves. LOL
"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
Hope you are right
Hope you're right too.
2020 has been the year of inverse relations, and broken fundamental realities sprinkled with a dash of, "can you believe this"?
I'm no expert, but times are truly WTF. That said, I'd predict a sharp breakdown, or, sharp melt-up. Why? It seems in these times we are either going down with the ship, or, going to the moon!
The media narrative seems to be the driver in all of this...I'd like to see fear taken out of the equation for a true picture that may get us closer to fundamentals because I don't think investors want to be directed by media-hype driven markets...we are stuck with this I guess.
The binary state.
I'm holding.