Without a doubt, as prices go up only the metal value is considered. Bullion over numismatic is the way to go.
My first instinct is to sell but I am hoping that this is a 1970’s style bull market. I think I will wait and see for now. I hope these “silver to da moon” types or “How I made my first million stacking silver coins” ads don’t proliferate over the web and drown out the interesting people who have something worth while to say
Sell and do what worth the funds…. Put it in a bank account ? Put it into the mortgage ? Leverage up and borrow into property and is returning peanuts ? Gamble in stocks ? Really not a lot of options Hence I’ll sit tight. If I need to get liquid I’ll sell, if I’m liquid I’ll add a little, that’s how I see it. Timmy
Lots of larger bars (1kg+) selling here for spot or slightly over. There must be a lot of stackers holding 1oz silver coins but waiting for premiums to return. Sellers market atm so good on em.
Bloomberg) -- Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent. Worsening geopolitical tensions, including war in the Middle East and Ukraine, and the prospect of lower US interest rates all burnish gold’s billing as an investment. But juicing the rally is unrelenting Chinese demand, as retail shoppers, fund investors, futures traders and even the central bank look to bullion as a store of value in uncertain times. Biggest Buyer China and India have typically vied over the title of world’s biggest buyer. But that shifted last year as Chinese consumption of jewelry, bars and coins swelled to record levels. China’s gold jewelry demand rose 10% while India’s fell 6%. Chinese bar and coin investments, meanwhile, surged 28%.
Central banks also know what's coming and stacking hard driving the prices. When the creator of your currency is the largest gold holder that tells you all you need to know.
