$13 silver might be possible

Rocco said:
What precious metals retailers give the best pricing? I've been buying off of auctions on eBay and from Bullion Exchanges from time to time but always looking to find reliable retailers.
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As it happens, I just posted a systematic price comparison of North American dealers: https://medium.com/@ValidScience/pay-less-4b6482263c6e

Bullion Exchanges is usually better than APMEX, but they're not the best. They did win in one of my order scenarios though: the 10 oz Royal Canadian Mint bar... See the article for all the details and winners.
 
sgbuyer said:
Maybe we should have backed up the truck last year?
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Yeah, we should've. I didn't realize until this morning that silver was so high (relatively speaking), close to $16.

$14 silver was an excellent buy price. $16 might be good to buy too, but I'm not sure – I don't really understand silver's long-term fundamentals.
 
Lucky me which bought 1/2 kilo gold at 1150 to 1200 per oz and few kilos silver bar at 13.3 to 14.20.
 
Alloy said:
Yeah, we should've. I didn't realize until this morning that silver was so high (relatively speaking), close to $16.

$14 silver was an excellent buy price. $16 might be good to buy too, but I'm not sure – I don't really understand silver's long-term fundamentals.
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I'm not so sure about ag, but au definitely looks like sub-$1200 was the lowest. With trade war, no way the Fed can continue hiking rates like they did last year.
 
This is a good point, but somehow if you buy both at the same time, as gold rises above $1800/$1850 level, psychologically, it would appear that every percentage increase in gold is much more than the same percentage increase in the price of silver.

I think this is because most people buy 1 oz gold coins (which is a very small coin - actually smaller than I thought an oz of gold will be before I bought my first gold coin).

If gold goes up by 5% from $1800 to $1890, it is like a very big jump, but if silver were to rise by the same percentage from $21.42 to $22.50 (assuming GSR of 84), it is like nothing to shout about.

Perhaps the GSR must be considered in relations to the actual price of gold. The higher the price of gold, the cheaper silver will appear to be even if the GSR does not change. So a high GSR might actually indicate that gold is cheap while a low GSR ratio indicates that gold is expensive.

SilverDJ said:
Not as good as it was back in Dec, if you believe in the GSR that is.

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Gullintanni said:
Why is it possible that when i look at the price of silver in the morning i can tell you within a couple of dollars what the price of gold is going to be before i even look?
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Probably because you multiply the silver price by the Silver to gold Ratio, which never varies too much from day to day.
 
Technically I am looking at super cycle wave 4 in the making for gold&silver
or super cycle wave 3 to test old high or new high .
Major pivot on gold 1445-1450 silver 16.70 next is very important test for gold 1550-1600 silver 18

Study aways pays off
Cheers
 
My level is mathematically pulled out from chart reading market makers hands = key to maximize profit& minimizing risk loss
 
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