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Mint repriceing Silver everthing on hold

Mint repriceing everything silver on hold .
My timeing is getting better , 10/1/12 ordered 4 5oz coins @ $204 ea
ordered 20 W- mint unc ASE @$45.95 .
Must be the full moon . ... Ron
Viet Nam Vet 66/67.
Retired Coin Shop Owner .
Still Collecting
Love my Grandkids and my German Shepherd Dogs . Kind of like my wifes Cat.

Comments

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,540 ✭✭✭✭✭
    The problem with the silver is that it costs more paper. The solution : get more silver.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Silver will need to rise considerably just to break even at those prices..... hope it does ....Cheers, RickO
  • BigABigA Posts: 2,715 ✭✭✭✭
    Silver on 9/14 was $34.69...today it is quoted at 0.02 less....

    So the expected reaction is to raise the price by $5/ounce????

    Duh!
  • OPAOPA Posts: 17,137 ✭✭✭✭✭


    << <i>These suckers have run low on silver.

    Silver Eagles going to $51 image >>



    Low on silver...very very unlikely. Current silver Mint pricing is based on below $30 silver. I've been suspecting an adjustment for several weeks now. If silver falls below $30 & stays there for a while, the repricing will be downward, just like it was earlier this year.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    There pricing includes a "look ahead" and even though no one has a crystal ball, they do have some advantages over most of us in terms of data for predicting trends. Not that they are always right (not by any means) but at a minimum when you see big moves in price changes it means they are seeing continued strength.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • Wolf359Wolf359 Posts: 7,663 ✭✭✭


    << <i>

    << <i>These suckers have run low on silver.

    Silver Eagles going to $51 image >>



    Low on silver...very very unlikely. Current silver Mint pricing is based on below $30 silver. I've been suspecting an adjustment for several weeks now. If silver falls below $30 & stays there for a while, the repricing will be downward, just like it was earlier this year. >>



    GATA.org has been saying for the past several weeks the Silver Market supply is tighter than it's ever been. Just passing along what they said.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    They've likely already started the planning/purchasing of silver for the 2013 SAEs and the like and have an idea of how difficult that may have been and where the pricing was going from there....

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • RaufusRaufus Posts: 6,831 ✭✭✭✭✭
    My 5 oz Volcano arrived today. Beautiful, love it. Looks like my timing was good for a change.
    Land of the Free because of the Brave!

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