cheap silver closest to spot

Discussion in 'General Precious Metals Discussion' started by Splash008, Jul 8, 2017.

  1. Splash008

    Splash008 Member

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    Seems the best place at the moment to buy cheap silver is silver stackers Melbourne
    Doesn't look like anyone wants to sell there silver at these prices on Silver stackers don't think l've seen this scenario before
    Any thoughts people?
     
  2. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Do you mean Gold Stackers Melbourne?

    You're probably going to struggle to find silver on this forum close to spot. Silver is down, the lowest it's been in quite a while so why would people want to sell now?

    It makes no sense to sell now, unless you're desperate for cash

    Gold Stackers and Perth Bullion have plenty available and the prices are very good atm due to the drop in spot
     
  3. Splash008

    Splash008 Member

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    Yep meant gold stacker Melbourne
    And your right would have to be desperate to sell your silver now
    Just haven't seen this scenario before usually always more expensive from the dealers
     
  4. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Yeah it's usually more expensive because spot is usually higher

    I've only been involved with Gold/Silver for about 9 months now, and it's never been this low since I started, so the lower it goes the cheaper it is from dealers as most dealers prices are fixed to spot + X%
     
  5. Splash008

    Splash008 Member

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    Sweet unfortunately l started when it was at the highs several years ago and have been averaging down ever since the lowest l have brought was $21.30 an oz at gold stackers Melbourne a couple of years ago now hoping it goes down to that so l can buy more having said that l am accumulating kooks at the moment and already gone though the 50 rounds stage too. Have been a collector all my life of one sort or another but collecting precious metals you can't go wrong in my belief
    Cheers
     
  6. Fat Penguin

    Fat Penguin Well-Known Member Silver Stacker

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    Nothing for sale here because everyone is prob buying as much as they can right now.
     
  7. STC

    STC Well-Known Member Silver Stacker

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    I have a shit load of pm silver lunar/kook to sell this year but will wait until September.
    Gold is not too bad
     
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  8. Splash008

    Splash008 Member

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    Cool will keep an eye out for them STC
     

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