silver

[Thenut]

anyone here buying silver?

i love economics and investing, so for me this is a big hobby of mine

on that note i am thinking silver may dive here in a bit. its been hovering at the same spot for damn near 3 to 4 weeks now

 

[dial1911]

I've been watching it daily... not sure where the bottom will be, but I'm in for another mint tube or two.

Hell, the last tubes I bought were closer to $20, so this seems like a bargain (until it hits twelve bucks!)

 

[Red Dawn]

Who do you buy your silver from?

 

[Dinky Dau]

http://www.jmbullion.com/silver/?gclid=CMif8OOtpMcCFQswaQodEuUA8Q
http://www.providentmetals.com/?gclid=CKnZlNCupMcCFZKBaQodLr0PiQ

 

[dial1911]

Who do you buy your silver from?

It used to be www.silver.com because they had the best prices and free shipping... however, they seem to be placing a bit more of a premium on US Mint coins since they're selling out rather often.

I shop around- JM Bullion, Silver Towne, APMEX (who is almost never cheaper), etc. I have bought from a local store in the past because they'd match APMEX prices... but that was before I knew better.

 

[DoglegArms]

Holy crap spot is 14.70. Didn't realize it dropped so much.

 

[Semi-Pro]

its going to tank

 

[dial1911]

Holy crap spot is 14.70. Didn't realize it dropped so much.

It's been hanging around sub $15 for a week or two. I think I saw it a lot closer to $14.00 toward the end of last week. It's actually kind of back "up"

 

[Sublimebeer]

How much would a silver dollar be worth right now? Aside from a dollar.

 

[DoglegArms]

How much would a silver dollar be worth right now? Aside from a dollar.

At least 1 Troy ounce of silver.

 

[00formula6spd]

A lot of times I look at Kitco charts
http://charts.kitco.com/KitcoCharts/index.jsp

 

[Strider12]

 

[freedom]

http://www.coinflation.com/

I have a bit, but "overpaid" for most of it. There's a coin dealer in Conyers that sells junk silver for melt value, and there's no tax since its currency. He was also reasonable on eagles.

 

[Thenut]

Yall should check ebay also

Sometimes they have a good daily deal

Bay precious metals on there is running 10 britannias for 168 delivered. Paid with debit card, cheaper than paper check from jm or provident!

 

[Thenut]

http://www.coinflation.com/

I have a bit, but "overpaid" for most of it. There's a coin dealer in Conyers that sells junk silver for melt value, and there's no tax since its currency. He was also reasonable on eagles.

LIST HIS INFO NOW!!!!

 

[dial1911]

You know, I've noticed that most of the online retailers have really raised their "over spot" take on Eagles. Damn capitalism I guess.

 

[Thenut]

You know, I've noticed that most of the online retailers have really raised their "over spot" take on Eagles. Damn capitalism I guess.

just the premium

but that occurs when there is long periods of stagnation

i hope the spot price increase will drop demand and thus drop the premium

seems like it doesnt matter what the spot really is, the price is always around 18.70 to 20.00

 

[dial1911]

just the premium

but that occurs when there is long periods of stagnation

i hope the spot price increase will drop demand and thus drop the premium

seems like it doesnt matter what the spot really is, the price is always around 18.70 to 20.00

Yep. The last mint tube I bought locally was just under $440 and spot was closer to $19/oz. Now spot is at least $4/oz less and a mint tube is going to cost just a little over $400, while based solely on spot, you'd expect it to be $80 cheaper.

 

[Dixietoolz]

Silver is up to $15.14 per ounce.

 

[Thenut]

back at just under 15

i dont see the actual cost change though, the way premiums are being jacked up

here is some bullshit to explain it

http://www.jmbullion.com/why-are-premiums-so-high/