The libertad phenomena
rawteam1
Posts: 2,472 ✭✭✭
Interesting the guy who thinks 23 is to much in buying some single libertads...
There are so many scenarios and is a great study on what, why, how much...
That's y the pm game/business is like a lotto statistic, there are so many different scenarios that there really is no 1 foundational thesis or equation, and that's y silver especially will not be money again in anyone's lifetime, every "piece" of silver can be valued at a different price at every second of everyday, and even the same piece can have hundreds, thousands of different prices at the same time...
And interesting how pm's aren't allowed profit as in a retail or food or service establishment, as most think the spot should dictate for instance one mans libertad inventory... Bullion should be like buying jewelry, lol, then what would one do???... Lol...
There are so many scenarios and is a great study on what, why, how much...
That's y the pm game/business is like a lotto statistic, there are so many different scenarios that there really is no 1 foundational thesis or equation, and that's y silver especially will not be money again in anyone's lifetime, every "piece" of silver can be valued at a different price at every second of everyday, and even the same piece can have hundreds, thousands of different prices at the same time...
And interesting how pm's aren't allowed profit as in a retail or food or service establishment, as most think the spot should dictate for instance one mans libertad inventory... Bullion should be like buying jewelry, lol, then what would one do???... Lol...
keceph `anah
0
Comments
"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
<< <i>Libertad premiums are all over the place. If you want anything except 1oz, expect a good, if not huge premium. It just depends on the mintage. That's not even counting proofs which are more collectors items vs bullion. Some dates can be $100+ an ounce. Excuse me for thinking a common date libertad was too high at $23. It's a store called Coins Plus in Spokane, WA. I'm sure they'd love to sell you a bunch at that price. >>
Would $23 have been too high 2 months ago?
If someone wants a very specific thing there and then they either pays the going rate or they go without.
Liberty: Parent of Science & Industry
the guy is buying 1 oz of silver basically, a few dates, lookin 4 singles...
$23 sure looked good at spot $25 & higher? what changed?.... nothing...perception...
edit to add : oh thanks for your no fee price what a joke, ill pay all fees and take 22, glad i caught that, very telling... and its the "no fee" at that price to which i refer 2, not the price itself...
<< <i>A $7 premium on common 1oz libertads now is too high. If someone thinks they are getting a deal at $23, let me know. I will sell you 100s at that price. Seriously. PM me. I have a source for common date 1oz libertads and I can get them to you for $23 with a no fee form of payment. >>
have to save this for posterity...
edit to add: SERIOUSLY... lol...