WoW silver is down time to buy?

Type2

I was just looking, I may buy a bar or two.

fc

the trick is where do you buy close to spot and when do you take delivery.
if you can find silver one dollar more then the current spot keep it a guarded
secret ;-)

oh. there is a PM forum now here at PCGS. Please post there, FYI.

cullenbryant

if the downturn is sustained for very long, even just a few days. i could see some of the premium between physical and spot price diminish.

291fifth

Industrial metal, just like platinum.

rgCoinGuy

<< <i>if the downturn is sustained for very long, even just a few days. i could see some of the premium between physical and spot price diminish. >>







It has been in the 11-12 dollar range for quite a while, definitely more than days, still selling for 16-20 bucks an ounce in the real world.

TwoSides2aCoin

I'll betcha a dollar to a dime

Boom

Need you even ask?

I mean - REALLY!

Boom

Listenin' to the News will make you crazy &

looking at all those charts will make you go blind!

cullenbryant

It has been in the 11-12 dollar range for quite a while, definitely more than days, still selling for 16-20 bucks an ounce in the real world.

true, but your statement was about the past and mine about the future.
i think the psychological effect of it staying in the 8-10 range for very long, trending down, may be enough to shake the physical buyers, and they are driving the premium.

never said i expected someone to be able to buy an oz. for spot if it sinks to 8, but i could see that disparity between physical and spot narrowing in the coming days if it does get down that far.

stockwiz

deflation is going to be worse then anyone ever imagined.. I'd wait for it to hit 6 bucks.. and when rhodium is under 1000, pick up some of that, too... oh, and platinum under 500...

Boom

It's all worth nothing if there's no money to buy it with - from you!

rgCoinGuy

<< <i>It has been in the 11-12 dollar range for quite a while, definitely more than days, still selling for 16-20 bucks an ounce in the real world.

true, but your statement was about the past and mine about the future.
i think the psychological effect of it staying in the 8-10 range for very long, trending down, may be enough to shake the physical buyers, and they are driving the premium.

never said i expected someone to be able to buy an oz. for spot if it sinks to 8, but i could see that disparity between physical and spot narrowing in the coming days if it does get down that far. >>



I see your point, I just think it is going to take a longer time than a few days. If as you state, it stayed in the 8-10 dollar range for a while, buyers would I am sure start wondering why they are paying double spot and maybe back off, lowering demand.

CoinOnTheCob

I have a small lot on eBay that has lost a few bucks in value since I listed it.