Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  2. STKR

    STKR Well-Known Member Silver Stacker

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    Most coins are still going for $10 over spot. They've been maintaining this premium for over a year now. The lower the spot price goes, the greater the premium percentage. In % terms, the premium has increased from 25%>35% over the past 12 months.
     
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  3. alor

    alor Well-Known Member Silver Stacker

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    BS has wide customers based, with tax/vat origin etc
    hence these customers would keep buying up to equilibrium pricing
    well have to keep the public discouraged from buying
    Platinum is low for 2021
     
  4. alor

    alor Well-Known Member Silver Stacker

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    good spot
     
  5. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Ouch ouch ouch.... :confused:

    Screen Shot 2021-09-16 at 6.13.09 pm.png Screen Shot 2021-09-16 at 6.13.29 pm.png
     
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  6. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Nothing big about US dollar strengthening on Zerohedge, perhaps people are getting liquid anticipating an Evergrande Blackswan.
     
  7. SodaPop

    SodaPop Active Member

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    The funny thing is the paper price of silver is being used to help these companies liquidate to cover their asses, yet the physical is becoming harder and harder to source. The mints and refiners must have an anger bar increasing towards the future markets lol.

    Wouldn't be surprised to see $20-21 tonight if the west is deep in Evergrande.
     
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  8. SodaPop

    SodaPop Active Member

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    Kangas only $36.5 which is what , $5 over spot right now? Of course I don't know how many you can actually buy they probably have limits still.
     
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  9. STKR

    STKR Well-Known Member Silver Stacker

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    I don't doubt you can get coins or rounds cheaper than $10 over spot, but many dealers are listing them with that premium. ABC have them for $10.50+ over spot (ABCs spot price is slightly higher than the actual spot price).

    Screenshot_2021-09-17-12-54-43-50.jpg
     
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  10. SodaPop

    SodaPop Active Member

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    Strange even a walk in shop I went into the other day had kangas same price as perth mint ($39 at time). ABC Bullion should be offering better than that.
     
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  11. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    I went to a mid-size coin show here in Europe a week ago... there was a good selection of modern silver bullion available (ASE's, Maples, Phillies, PM coins you name it) but cheapest new bullion I could find was PM kangaroos at EUR27.50/ea (about $44.40). Had to pass on buying, I only got a 1990 ASE as a 'souvenir' :cool: (kangas are available in online coin shops here for $37.50- $38 atm).
     
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  12. alor

    alor Well-Known Member Silver Stacker

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    better spot
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Sell the house, buy more silver. :D
     
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  14. Davros10

    Davros10 Well-Known Member Silver Stacker

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    Good time to sell the house before Evergrande contagion/cascade.

    Not yet time to buy silver.
     
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  15. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Deep Down The Rabbit Hole
    ^^^^
    Not sure if waiting for the teens or the bottom is such a wise silver investing strategy.
     
    Last edited: Oct 18, 2023
  16. alor

    alor Well-Known Member Silver Stacker

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    best low price would be, and still plenty of silver bars/coins good luck
     
  17. alor

    alor Well-Known Member Silver Stacker

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    One could short sell the stocks and gain from it. :)
     
  18. alor

    alor Well-Known Member Silver Stacker

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    yeah, that $13 silver that someone pick, it did not allow for accumulation and when it overshoot below near $12... there were no metals to be had.
    where else people who target near $14 and nibble, managed to accumulate and even buy at $13 just before the pice hit the rock.
    need a better handle for things, veterans do them best.
     
  19. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Buy some now and some later if you can find it!
     
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  20. Davros10

    Davros10 Well-Known Member Silver Stacker

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    Or wait for the teens and then buy through Perth Mint Depository at close to spot.
     

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