Call me nuts.....
Smittys
Posts: 9,876 ✭✭✭✭✭
I pulled the trigger on another 500 ounces of silver today
Maple leaves with a hefty premium but nothing else out there except 1000 ounce bars
13.09 each
edited for spelling....
and price
Maple leaves with a hefty premium but nothing else out there except 1000 ounce bars
13.09 each
edited for spelling....
and price 0
Comments
Yes , good call on the Silver, IMHO
Phillharmonics were $12.82 yesterday and Maples were $13.28. did you get them for around this?
Oh, your Nuts. You asked me too..... But I think you did good on the silver.
-wes
Too many positive BST transactions with too many members to list.
with silver at 10.84 i would have paid 11.84 and no more.
you need silver to hit 13 just to sell and break even from most
dealers who will not give you a premium when buying.
I knew it would happen.
<< <i>the premium was too high in my mind.
with silver at 10.84 i would have paid 11.84 and no more.
you need silver to hit 13 just to sell and break even from most
dealers who will not give you a premium when buying. >>
Tulving is paying 1.75 over spot on maple leaves
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Silver has hit, GLD might have a little more, but today looked good.
<< <i>
<< <i>the premium was too high in my mind.
with silver at 10.84 i would have paid 11.84 and no more.
you need silver to hit 13 just to sell and break even from most
dealers who will not give you a premium when buying. >>
Tulving is paying 1.75 over spot on maple leaves >>
i said most dealers ;-)
ok... so cut my estimate of silver rising by 1.75 approx. but do not
forget shipping/handling/insurance..
something about sending silver in the mail to sell is too risky to me,
but that is just me.
<< <i>I pulled the trigger on another 500 ounces of silver today
Maple leaves with a hefty premium but nothing else out there except 1000 ounce bars
13.09 each
edited for spelling....
Coulda just bought SLV for 10.50. Make more money and ease of transaction. I bought 5000 shares over the past 2 days. An emergency rate cut by the FED, coupled with an overbought dollar, and oversold oil in the face of a large hurricane, should prove for a decent trade next week. I'll be out even before you take delivery.
Knowledge is the enemy of fear
<<I bought 5000 shares over the past 2 days.>>
I assume a share of SLV does not = an ounce at $10.50 but I don't know. I've never bought this way.
Are there transaction fees? Buyer or seller charges? Minimums?
Please let me know cause I'd like to buy some when it hits $9 next month!
Each share represents 1 oz. SLV can be bought through any full service or discount brokerage firm. Commissions will vary but you should be able to buy it for as little as $10 per transaction.
The trust does have a management fee that is deducted directly from assets so you wont get a bill or invoice.
Knowledge is the enemy of fear
Are you talking about futures contracts ie. 5,000 comex slv, or are you
speaking of exchange traded funds (ETF's) as XAU, HUI, or GLD.
If none of the above, could you clarify 1 share equal to 1 oz silver.
Sounds like something I may not be aware of, and may want to look
into further- purer trade than the etf's.
Thanks
I was just looking over the charts Coinboy posted and I think you maybe
speaking of the SLV on the Amex.
Is this correct?
Knowledge is the enemy of fear
<<Each share represents 1 oz. SLV can be bought through any full service or discount brokerage firm. Commissions will vary but you should be able to buy it for as little as $10 per transaction. >>
Thanks Dave.
I believe that silver is getting ready to take a nice ride UP!!!! And I hop that I'm right. Good Luck.
Eddye Mack
GO STEELERS
Looking forward to this nice run-up.
I'm in it for the long haul though.
<< <i>Coulda just bought SLV for 10.50. Make more money and ease of transaction. I bought 5000 shares over the past 2 days. An emergency rate cut by the FED, coupled with an overbought dollar, and oversold oil in the face of a large hurricane, should prove for a decent trade next week. I'll be out even before you take delivery. >>
Yeah, and it's people like you who have helped destroy the physical market and contrubuted to the financial breakdown in this country.
How can there be more physical paper than there is physical silver on the planet?
It's a scam and it should be illegal. Actually it is.
You are a condescending A-hole.
If you aren't a banker, you should be. Actually, I think you must be, no one else could be that rude.
Do you dance in front of people in wheelchairs? "Come on, Ironsides, let's race."
Would you have told Ray Charles he couldn't see the writing on the wall?
I sure hope all you are left with is a pile of worthless paper in the future, there is no one else on this board who even remotely deserves that but you.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
After today's jump, whaddya think, Deadhorse? I think the pm market's just getting warmed up, but is this "it"?
I knew it would happen.
roadrunner and i sometimes go at it :-|
<< <i>I was itchin' to pull the trigger on some gold today, but since my last major buy was silver at $21.00, I am taking this next one slow.
After today's jump, whaddya think, Deadhorse? I think the pm market's just getting warmed up, but is this "it"?
Should have pulled that trigger yesterday. Hindsight always has 20/20 vision.
I dunno, I'm still a bit leery, but I'm buying. One day does not make a bull run. Maybe dip your toes in a bit.
"It" is coming, probably soon. As usual, timing is everything. I really thought it would be a while yet, but with the rest of the markets crashing and burning, we may be seeing a shelter for funds. That would indicate the upswing is starting.
I know I have been buying 100 ounce silver bars as often as they come through, I was out of town for a while, but was able to have them held via phone for me and doing bank wires. Right now, Houston is a war zone and everyone is closed, so it's temporarily on hold. We also have no phones. I plan on being real active by Friday, assuming some of the infrastruture is back on line as we have been promised.
As long as you don't need an immediate shot to the moon, this is a fairly good time, IMO. As long as you can take the possibilty of some more short term volitility.
It may still take a while but you aren't going to lose over the next 90 day average and you may look like a genius by December First.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>dang deadhorse. those are fighting words. and here i thought
roadrunner and i sometimes go at it :-| >>
Roadrunner is a great guy, we've talked privately for years.
This is quite another thing. I was just getting warmed up.
I'll explain in the next PM.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
I knew it would happen.