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WHAT IS GOING ON W/ SILVER IN PRICES AND E-BAY?

Alexcoincollector2004Alexcoincollector2004 Posts: 22
in U.S. Coin Forum
OK! so... I've been watching the spot prices on kitco.com for a few weeks everyday and it keep going down and is right now at $12.85 bid price and $12.89 Ask price....so why is silver still going for around $16/ounce or more?
here's my 2 cents...

Comments

  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    Because spot price and the real market price are not the same. Feel free to come to the PM forum to learn more.
    imageQuid pro quo. Yes or no?
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    By the way, spot is still in a trading range of 12.50 to 14.50, so it really hasn't moved that much.
    imageQuid pro quo. Yes or no?
  • ResRes Posts: 1,086
    I've noticed that "junk" quarters and halves are going for 11-12 X face the last week or so. Two weeks ago it was around 10.
  • JupitarCoinsJupitarCoins Posts: 2,595 ✭
    Why are you yelling in your thread title?
    Welcome to the boards btw.
    Positive:
    BST Transactions: DonnyJf, MrOrganic, Justanothercoinaddict, Fivecents, Slq, Jdimmick,
    Robb, Tee135, Ibzman350, Mercfan, Outhaul, Erickso1, Cugamongacoins, Indiananationals, Wayne Herndon

    Negative BST Transactions:
  • Alexcoincollector2004Alexcoincollector2004 Posts: 22
    pm forum? and I'm kinda ticked that people keep bidding up auctions... I'm wondering if most of the ppl are just retarded on e-bay.
    here's my 2 cents...

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