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I'm Buying at $8.79/oz....

Anyone have any silver for sale at spot?

Seriously, market dynamics say that the price of real (physical) silver and the spot price will move until they are in sync or "at equilibrium". Since the spot price continues to sink the price for real silver must move down until an equilibrium price is reached. No?

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imageimage
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111

Comments

  • fcfc Posts: 12,793 ✭✭✭


    << <i>Anyone have any silver for sale at spot?

    Seriously, market dynamics say that the price of real (physical) silver and the spot price will move until they are in sync or "at equilibrium". Since the spot price continues to sink the price for real silver must move down until an equilibrium price is reached. No?

    image >>



    premiums are already going down on ebay which is a pretty good
    sign of things as it is a large market place for small amounts of silver.

    My 25 maples i had up tonight only sold for 16.48 an ounce :-)
    (that does not include shipping).

    This is down about a dollar from two weeks ago.

    The cheapest I can buy silver was 300 ounces at 11.99 today.
  • spot is 9.31
  • fcfc Posts: 12,793 ✭✭✭


    << <i>spot is 9.31 >>



    that is the price you pay right now. try to get 1 oz rounds, say 200
    ounces, for less then 12 right now and i will say hot diggity, you do
    have contacts!
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