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How long until APMEX, etc. claim they are "out of silver"

ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
in Precious Metals
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Comments

  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    I would sure put all hold on all silver sales til the market calms down. That is their right to do so. Depends on what price they bought the majority of their silver I quess? Did they get burned buying all those Gettysburgs and Glacier Pucks from the mint?
    Montana State Quarter Die Clash

    Box of 20
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    "Paranoia strikes deep!
    Into your heart it will creep......"

    You don't think they can sell physical and hedge it, thereby making a profit regardless of the spot level???????
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>You don't think they can sell physical and hedge it, thereby making a profit regardless of the spot level??????? >>



    Whether or not they can, they have done this before.



    << <i>I would sure put all hold on all silver sales til the market calms down. That is their right to do so. >>



    Never said it was not their right to do so. Just using this logic as a great time to buy silver [at that point.]
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  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>"Paranoia strikes deep!
    Into your heart it will creep......"

    You don't think they can sell physical and hedge it, thereby making a profit regardless of the spot level??????? >>



    Capt. You keep forgetting, that this is a PM forum. Paranoia and conspiracy is part of the psyche along with "cups," soup bowls, tea kettles, three - four or five legged thingy dingys. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TheBigBTheBigB Posts: 942 ✭
    When I become a PM dealer, I am not going to sell to anyone. It's mine, all mine!
  • SpoolySpooly Posts: 2,108 ✭✭✭
    APMEX is already out of ASE! May 13th is the restocking date.


    5.29 over spot needs to come down!

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>APMEX is already out of ASE! May 13th is the restocking date.


    5.29 over spot needs to come down! >>



    FYI...APMEX has been out of ASE's for several weeks, and at one time was offering to buy them at $3 above spot.

    If you buy 500 it's down to $3.79 over spotimage The smaller the amount, the greater the spread & don't forget, the Mint charges the AP's $2 over spot.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Tulving is out of ASE's as well, but ya gotta give 'em credit for trying:

    "GET EXTRA SILVER WITH NO CASH OUTLAY
    Trade Monster Boxes Of Silver Eagles, Sealed Or Opened
    For $750 Face Value 90% (Our Choice Dimes Or Quarters)
    We Pay Shipping And Insurance Both Ways, UPS Next Day Air Ship Us Your Monster Box Of Silver Eagles
    And We Will Ship You $750 Face Value 90% (Our Choice Dimes Or Quarters)
    That's 36.25 Ounces Of Silver For FREE
    Or $1,6268 In FREE Silver (Based On Spot Of $35.00)"

    image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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