Who cares my local dealer pays 60% melt. Dealers just offer less the more it goes up.
I own none btw. Just collect Buffalo nickels but saw people trying to sell the other day.
@handyman said:
Who cares my local dealer pays 60% melt. Dealers just offer less the more it goes up.
I own none btw. Just collect Buffalo nickels but saw people trying to sell the other day.
60% of melt. On what? Doesn’t matter … that’s a loser. Not a dealer.
@handyman said:
Who cares my local dealer pays 60% melt. Dealers just offer less the more it goes up.
I own none btw. Just collect Buffalo nickels but saw people trying to sell the other day.
Wow that is low balling. Melt today on non-$'s is around $60. Offering < $40 is a rip off.
Scotsman is paying 91% of their selling price for 90% silver. A 9% spread in this market isn't too bad, but I expect 90% silver to get its premium back as the market tightens up once again.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
Scotsman is paying 91% of their selling price for 90% silver. A 9% spread in this market isn't too bad, but I expect 90% silver to get its premium back as the market tightens up once again.
90% US Junk / Constitutional or whatever anyone wants to label it, is the greatest fractional PM there is. REGARDLESS of current market conditions. Still, it's ferried off to a sad smelter grave. Melted into something that is now routinely produced. Rounds, bars, coins, COMEX BARS, etc, etc etc. NOBODY is going to produce pre 1965 90% again. Get it while you can!
$65-80 would offer good up and down bounches (volatility) for those that play AGQ and ZSL smartly. In just the last 15 days it has bounced between $69-89.
I think its 60-85. I just price it in my head as the 50 day moving average of SLV, the etf, SIVR is physical silver which is actually higher than spot. Silver wants to go up based on industrial demand and static supply. If bond interest rates rise, bonds end up being more desirable as a hedge, so gold and silver go down, not up. If interest rates are falling, gold and silver look better. The US dollar has an effect too. if the US dollar is rising, gold and silver (priced in US dollars) go down.
Of course, as Yogi Berra said, Predictions are difficult, especially when they are about the future.
“When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
Comments
The lower > @TwoSides2aCoin said:
but I said that last month. Expect resistance again. $80 may be the ceiling.
``https://ebay.us/m/KxolR5
….nearly another month has gone
And a break through $80 to $85. All aboard !
``https://ebay.us/m/KxolR5
Who cares my local dealer pays 60% melt. Dealers just offer less the more it goes up.
I own none btw. Just collect Buffalo nickels but saw people trying to sell the other day.
60% of melt. On what? Doesn’t matter … that’s a loser. Not a dealer.
COPPER is gutter !
Wow that is low balling. Melt today on non-$'s is around $60. Offering < $40 is a rip off.
That sounds like a pawn shop, not a LCS.
Agreed, time to find another local dealer.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
Scotsman is paying 91% of their selling price for 90% silver. A 9% spread in this market isn't too bad, but I expect 90% silver to get its premium back as the market tightens up once again.
I knew it would happen.
90% US Junk / Constitutional or whatever anyone wants to label it, is the greatest fractional PM there is. REGARDLESS of current market conditions. Still, it's ferried off to a sad smelter grave. Melted into something that is now routinely produced. Rounds, bars, coins, COMEX BARS, etc, etc etc. NOBODY is going to produce pre 1965 90% again. Get it while you can!
COPPER is gutter !
Melt on a silver dime is $6.25. 91% of $6.25 is $5.68 - enough to buy a gallon of gas (in most places). Seems like a bargain.
The last time you could buy a gallon of gas for a dime was about 60 years ago.
I knew it would happen.
Three months ago my truck held $60 worth of gas, now it holds $105. Haha
Knowledge is the enemy of fear
consider it a successful investment
Velocity, Not Valuation Defines A Bubble.
That is the new math these days.
Knowledge is the enemy of fear
$65-80 would offer good up and down bounches (volatility) for those that play AGQ and ZSL smartly. In just the last 15 days it has bounced between $69-89.
Velocity, Not Valuation Defines A Bubble.
I think its 60-85. I just price it in my head as the 50 day moving average of SLV, the etf, SIVR is physical silver which is actually higher than spot. Silver wants to go up based on industrial demand and static supply. If bond interest rates rise, bonds end up being more desirable as a hedge, so gold and silver go down, not up. If interest rates are falling, gold and silver look better. The US dollar has an effect too. if the US dollar is rising, gold and silver (priced in US dollars) go down.
Of course, as Yogi Berra said, Predictions are difficult, especially when they are about the future.
