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Shortage of PM's!

dlimb2dlimb2 Posts: 3,449
in Precious Metals
Yeah there is a shortage in more ways than one! They are shorting the PM's big time causing people to freak and sell, how greedy are they...lets just see how low they will go! Lets see at what price they begin to buy back....Shoot, since the $ is not backed by PM this could get real interesting! I bet Silver could drop to $7, they are hitting it hard....because there is a real shortage and some one wants it real bad! Hummm I wonder who that could be!

Comments

  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    But the price is only down on paper, there is no physical silver to be had. Apmex 100 oz bars can be bought today for delivery IN THREE MONTHS! Ebay, still selling for 20 bucks an ounce.
    imageQuid pro quo. Yes or no?
  • dlimb2dlimb2 Posts: 3,449
    Yeah, but people who have the physical will freak and sell! This is what they want...someone needs the physical.
  • lordmarcovanlordmarcovan Posts: 43,558 ✭✭✭✭✭


    << <i>You have a total of 28066 message(s) in your private message history. >>



    I have no shortage of PMs at all. I even cleaned 'em all out in '02 or '03.

    image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • dlimb2dlimb2 Posts: 3,449
    image Nobody ever pm's me!

    Last person that really pm'd me was Frank, and he left us 3 years ago!
  • fcfc Posts: 12,793 ✭✭✭
    i can tell you that the coin stores around here are out of silver.
    Oh sure they have some misc junk silver, but 10 and 100 ounce bars
    and no where to be seen.

    i did find one dealer who had 7 10 Oz bars, but still wanted 165 each for
    them. I passed.

    I will just wait a week and explore new opportunities then. If the price
    keeps dropping that will help also.

    In the meantime money is pooling up, debt is being paid down at a very
    fast rate on a loan, and thinking about the stock market.
  • jdimmickjdimmick Posts: 9,691 ✭✭✭✭✭
    I just put a BIN on a 10oz bar on e-bay at 176.00 and it sold in 5 minutes!
  • fcfc Posts: 12,793 ✭✭✭


    << <i>I just put a BIN on a 10oz bar on e-bay at 176.00 and it sold in 5 minutes! >>



    it is like if someone can find quantity of bullion, 10 Oz bars, they could
    easily make a killing on ebay right now. the premium people are willing
    to pay is insane over there.
  • BearBear Posts: 18,953 ✭✭✭
    Something very big is going on with PMs, the value of the dollar

    and the economy and it is beginning to really scare me.
    There once was a place called
    Camelotimage
  • PreTurbPreTurb Posts: 1,193 ✭✭✭
    It looks like Tulving has 90% junk silver in stock.
  • cinman14cinman14 Posts: 2,489 ✭


    << <i>It looks like Tulving has 90% junk silver in stock. >>



    500 and 1000 face bags only... You had better have 5 to 10 thousand ready to spend...
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