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Silver Eagles...(Bullion)
SUMORADA
Posts: 4,797 ✭
No reason in the world why these should cost more then 2.50- 2,90 over spot.......JMO........all opinions welcome!
Yes I think I understand supply and demand.......still, an ounce of silver in the form of (Silver eagles) I agree are a recognized form of silver that does not need assay and should command a premium.........but over 2.50- 3.00, and recently $4 and 5.00 over.......I don't think so!!!!
Yes I think I understand supply and demand.......still, an ounce of silver in the form of (Silver eagles) I agree are a recognized form of silver that does not need assay and should command a premium.........but over 2.50- 3.00, and recently $4 and 5.00 over.......I don't think so!!!!
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<< <i>No reson in the world why these should cost more then 2.50- 2,90 over spot.......JMO........all opinions welcome!
Yes I think I understand supply and demand.......still, an ounce of silver in the form of (Silver eagles) I agree are a recognized form of silver that does not need assay and should command a premium.........but over 2.50- 3.00, and recently $4 and 5.00 over.......I don't think so!!!! >>
They will sell what the market condition dictate....Just remember, the "real price" of silver is not the ETF paper price. BTW, if you can find them for $2.50 - $2.90 above spot w/o having to buy a troy ton, please let us know
I am now a buyer currently, unless Ag goes down even more.
In the past two weeks , people that come in to the shop to buy are wanting 100% eagles. I have had countless rounds and (1oz) bars of silver at spot with no takers. I mean none. Been having to sell them at shows or ship em. 5 and 10oz bars, easy sells however. (don't know why the difference)
<< <i>No reason in the world why these should cost more then 2.50- 2,90 over spot.......JMO........all opinions welcome!
Yes I think I understand supply and demand.......still, an ounce of silver in the form of (Silver eagles) I agree are a recognized form of silver that does not need assay and should command a premium.........but over 2.50- 3.00, and recently $4 and 5.00 over.......I don't think so!!!! >>
Worry is the interest you pay on a debt you may not owe.
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
trying to sell ASE at $35. My guess is
that they are too deep into it and are
trying to recoup some of their losses.
<< <i>I've encountered local sellers who are
trying to sell ASE at $35. My guess is
that they are too deep into it and are
trying to recoup some of their losses. >>
I tend to go with the price gouging theory, at least with my two local B&Ms.
Please visit my website Millcitynumismatics.com
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90% on ebay is more than spot. I looked off and on for a few days for some to buy there. I had a 10% off coupon and even with that it was more than spot.
Why should anyone sell for spot plus 2$ now ? If idiots in the paper silver and gold markets want to knock 10 or 15% off the price in 2 days they can sell their paper metal at a lower price . I'm not going to and after trying to buy at the lower price and not having any luck I don't think anyone that isn't desperate wants to either.
If an ASE was running $35 a month ago then its still worth that now.
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