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I would not be in any hurry to buy PM! I pay 5 dolla!

dlimb2dlimb2 Posts: 3,449
in Precious Metals
This whole thing has been orchestrated and will be changing when the two in the White House Move on!
Those caught need not worry, if there is a true shortage of silver...the market will tell you there is a true shortage and prices will really reflect it....for now it is being played with....I am waiting for silver to hit the $5 area nad I will buy like there is no tomorrow...that is if there is any to buy at $5...as many people are holding PM from much higher $$$$, which I feel sorry for, but if there is a true shortage and demand is there you should not worry and buy when it goes lower and $ cost average it.

Comments

  • fcfc Posts: 12,793 ✭✭✭
    there is no shortage of silver. national refiners are willing to sell you a 1000 ounce
    bar for immediate delivery if you have the cash.

    oh you mean those dinky little investor bars? 1, 5 and 10 oz? yes, those are getting
    harder to find.

    but silver, the metal, is widely available in other shapes, sizes, and forms.
    just call places like sunshine mint and etc... keep in mind the minimum order is
    500 ounces and you might get santa claus .999 rounds in a box :-)
  • dlimb2dlimb2 Posts: 3,449
    fc, Sure there is silver for sale but at a much higher price...I will wait till it hits $5 and then I will buy...I do not want to buy others mistakes!!! I have enough of my own!
  • dlimb2dlimb2 Posts: 3,449
    When the Companies who use silver and other PM in their manufacturing tell me there is a shortage then I will believe there is a shortage...let them buy from National ...for now I am a watcher until $5!
  • fcfc Posts: 12,793 ✭✭✭
    silvertowne will gladly sell you all the junk silver rounds you can handle, right now,
    for slightly over spot. immediate shipping. no minimum order.

    apmex will gladly sell you a 1000 ounce ohio precious metals bar for 35 cents or so
    over spot right now. immediate shipping.

    there is no silver shortage. do not believe what you read. pick up the phone and wait
    on hold for an hour like i did to talk to a true wholesaler.

  • dlimb2dlimb2 Posts: 3,449
    The spot price is still to high...for a non shortage of PM...let it fall down to where it should be then I will buy....I will buy at $5. and no more than that...When manufacturing speaks I will react, Silvertowne and Apmex are dealers they are not manufacturers who use PM in their products. They sell PM for profit they have a lot to do with the spin masters!
  • KipKip Posts: 852
    WOW..you can get 5 oz of silver from Silvertown for $93.00...such a dealimage
    UCSB Electrical Engineering....... USCG and NASA
  • fcfc Posts: 12,793 ✭✭✭


    << <i>WOW..you can get 5 oz of silver from Silvertown for $93.00...such a dealimage >>




    their gift shop is not the place to go. give them a call.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    A long term view of metals

    Patience. We aren't gonna see $5 silver anytime in our future.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • dlimb2dlimb2 Posts: 3,449
    You have until Nov 4th to worry about what is to be...as the new president will play a part as to which direction this is going to go in the short term...long term looking out at the world in crises and what the solutions are with oil!
    The Middle Easti and other Oil rich nations are the the only ones making money off of the rest of the world, if things do not turn around then things are going to get real bad...All ;the gold and silver will do is help you for a while but in the end it will be worthless...from the past: diamonds, furs and gold rings could not buy her a piece of bread!!! The only thing of value will be things that people need and that will be food water and shelter...and a big ol gun with lots and lots of ammo to secure it!

    Sorry it ran off and left me!
  • rah1959rah1959 Posts: 964 ✭


    << <i> >>





    image
  • jdimmickjdimmick Posts: 9,693 ✭✭✭✭✭
    There is no silver shortage, its merely 70% of the folks selling are stuck in it!!!!!!!!!


    The larger firms have it readily available, see prior posts!!

    Jim
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