Silver's current true value.

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  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
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    futures at 15 was not producing ase at 25.

    spot + 2.50 was a good ebay deal that rarely came up. but it did.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
    edited May 2, 2021 12:20PM
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    @MsMorrisine said:
    futures at 15 was not producing ase at 25.

    spot + 2.50 was a good ebay deal that rarely came up. but it did.

    >

    jmski posted this on April 3 2020....

    silver futures were $14.50 that day. So yes, ASEs were over $25 when futures were $15.

    And derryb was offering for sale ASEs for nearly $23 each when futures were at $14.25 on 4/6/2020

    Now I imagine that since derryb is the greatest and smartest trader on the planet, he sold physical and bought paper since this would have resulted in a greater return. But dcarr would have still called him an idiot. Derrb just cant win.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
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    Ohhh
    Yeah
    That was a major dislocation.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • dcarr
    dcarr Posts: 10,256 ✭✭✭✭✭
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    In my dealings, about six months ago Silver Eagles could be bought for around $4 over spot. Now I would have to pay $7 or $8 over, when they are available.

    Moonlight Mint
  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    And how about gold eagles 1 ounce, Daniel?

    Now riding the swell in PM's and surf.
  • thefinn
    thefinn Posts: 2,657 ✭✭✭✭✭
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    What would Nancy Reagan say....?

    thefinn
  • dcarr
    dcarr Posts: 10,256 ✭✭✭✭✭
    edited May 3, 2021 9:38AM
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    @MilesWaits said:
    And how about gold eagles 1 ounce, Daniel?

    I haven't priced those in some time, so I don't know.
    I rarely buy or use those since they are not 999.
    Instead, if I need some gold for a minting project I will get Maple Leafs or other 999+ items.
    Last time I bought some gold Maple Leafs was about 5 months ago. I think they were about $40 over spot at the time (but I'm not sure about that) ?

    Moonlight Mint
  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    I agree. I prefer the pure gold when I buy. Maples, Roos, buffaloes, Beasts, etc.

    Now riding the swell in PM's and surf.
  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    @thefinn said:
    What would Nancy Reagan say....?

    Keep buying, just say yes, hammer time?

    Now riding the swell in PM's and surf.
  • derryb
    derryb Posts: 38,605 ✭✭✭✭✭
    edited May 3, 2021 2:07PM
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    @cohodk said:

    @MsMorrisine said:
    futures at 15 was not producing ase at 25.

    spot + 2.50 was a good ebay deal that rarely came up. but it did.

    >

    jmski posted this on April 3 2020....

    silver futures were $14.50 that day. So yes, ASEs were over $25 when futures were $15.

    And derryb was offering for sale ASEs for nearly $23 each when futures were at $14.25 on 4/6/2020

    Now I imagine that since derryb is the greatest and smartest trader on the planet, he sold physical and bought paper since this would have resulted in a greater return. But dcarr would have still called him an idiot. Derrb just cant win.

    Derry sells whenever premiums spike. This is not my first rodeo nor the first spike in premiums. And yes he bought paper with the latest premium spike profits. . . crypto paper. He's winning. . . again.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • derryb
    derryb Posts: 38,605 ✭✭✭✭✭
    edited May 3, 2021 2:12PM
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    @derryb said:

    @cohodk said:

    @MsMorrisine said:
    futures at 15 was not producing ase at 25.

    spot + 2.50 was a good ebay deal that rarely came up. but it did.

    >

    jmski posted this on April 3 2020....

    silver futures were $14.50 that day. So yes, ASEs were over $25 when futures were $15.

    And derryb was offering for sale ASEs for nearly $23 each when futures were at $14.25 on 4/6/2020

    Now I imagine that since derryb is the greatest and smartest trader on the planet, he sold physical and bought paper since this would have resulted in a greater return. But dcarr would have still called him an idiot. Derrb just cant win.

    Derry sells a smidgen of his stack whenever premiums spike. This is not my first rodeo nor the first spike in premiums. And while he put his profits in collector gold the last time around (which he since sold for more silver on the dips) he bought paper with the latest premium spike profits. . . crypto paper. He's winning. . . again.

    Do you even own any metal? Or do you just like to pretend you know all about metal and those here who discuss it.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • blitzdude
    blitzdude Posts: 7,722 ✭✭✭✭✭
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    @derryb said:
    Derry sells a smidgen of his stack whenever premiums spike.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
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    @derryb said:

    Do you even own any metal?

    Whats with the questions? Sheesh!!!

    But unlike you, i am not afraid of questions.

    Yes...i own metal. Even precious metals, since i believe thats what you were really asking.

    You wanna see my stack, big guy <3

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derryb
    derryb Posts: 38,605 ✭✭✭✭✭
    edited May 4, 2021 12:38PM
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    @blitzdude said:

    @derryb said:
    Derry sells a smidgen of his stack whenever premiums spike.

    >

    "That's how you keep it from becoming gutter metal."

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • streeter
    streeter Posts: 4,312 ✭✭✭✭✭
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    @cohodk said:
    Hey derryb, your trolls are loose. lol. Look at the personal attacks. Haha.

    You should probably lay off the azurscens.

    So lets do some math, shall we? ASEs were 25 and now 35 for a gain of 40%. Futures were at 15 and now 26 for a gain of 73%.

    Yup, you got me. Lol

    I love this place.

    DCarr is not exactly a troll brother. In fact one could say he is fairly accomplished, uses his real name, and can be easily reached by anyone.

    Have a nice day

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