why is silver falling

Discussion in 'Silver' started by round50, Apr 15, 2013.

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    I didn't claim to be able to get coins without premium.
    What I disputed was that premiums are currently inflated.

    Now, what was that about half truths?
     
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Thoughts?
    Yep, that's what I thought. :)

    Here's another one.... my purchases (Bullion List):

    Sun Mar 24 - spot = $27.60
    1 x 5 oz PM Snake, unit price = $169.10
    Premium = $31.10

    Thu Apr 18 - spot = $22.61
    1 x 5 oz PM Snake, unit price = $144.43
    Premium = $31.10

    Mmmmmmmm. ;)
     
  3. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,430
    Likes Received:
    126
    Trophy Points:
    63
    Location:
    Australia
    Let us look at a roll of 2013 kooks -right now

    BB -$570.80 that is $28.58 (spot -$23.31) spot + $ 5.27
    BM - if you buy a roll it is $29.01 / oz (spot + $5.70)
    GS - if you buy 20 - $29.40 (spot + $6.09)

    So the premium is 22% to 26% what did I say ????
    You can go to Ainslie it is more !
    Point made
     
  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    What point?
    This One? :
     
  5. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia

    Are you trying to prove the premiums do not fluctuate with spot?
    Because this does not show an increase in premiums from before the crash - which is what is being discussed here.
     
  6. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,430
    Likes Received:
    126
    Trophy Points:
    63
    Location:
    Australia
    So your premiums are $6.22 Per oz. your premium was over 27%. That is more than a current 1oz kook and you are buying bigger coins the premium should be less. I see that as a significant premium.
     
  7. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia

    The disconnect mate, or are you another paper trader who only buys 2oz's of silver!

    We are discussing how there is a disconnect between paper and physical!

    Fing buy some and then comment.
     
  8. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Have you read my post just above where I have posted the details of my purchase or what?
     
  9. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Post #83 in case you have trouble finding it...
     
  10. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia
    wrcmad..mate :)

    You still haven't told us where you buy your metal at spot or close to spot or don't you buy metal???

    Plenty of paper traders on this forum that have no idea of prices on the secondary market.

    I'll say this again...have a look at the dealers, have a look at what they say and their terms and conditions PLUS the real market where people sell face to face on places like ebay!

    If you don't see a disconnect, if you don't see a difference in your Excell spread sheets then...I say you are arguing for the sake of arguing.

    There is a disconnect! But...sometimes people who plod along in-life don't accept or realise what is happening!

    We call it.."Cant see the trees for the forest" ! :D
     
  11. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Oh dear.
    I feel you will lose in a pissing competition.
     
  12. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Oh FFS.
    Where did I say I buy close to spot? :rolleyes:
     
  13. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia
    You still haven't told us where you buy your metal at spot or close to spot or don't you buy metal???

    Ya fing good at diverting mate! :lol: :cool:



    At least your fing posts are getting shorter! lol :D
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    So.... where was it I said I buy close to spot? :/
     
  15. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Please enlight me - looks like I can't see the premium rising from before the crash on my purchases...
     
  16. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia

    Who asked you to come into our conversation?

    Piss-off! :D
     
  17. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    I am yet to see the new price from after the crash...

     
  18. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia

    F-off yourself :D

    But yeah, feel free to let us know how the premiums are booming ... cause apparently I am unable to see what you can!
     
  19. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Where..... ? :lol:
     
  20. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia
    And shorter! :lol: :lol: :lol:

    Cheers wrcmad lol

    H
     

Share This Page