silver bullion prices dropping

Discussion in 'Silver' started by fantom, May 2, 2013.

  1. fantom

    fantom New Member

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    city gold in Adelaide have 1kg bars now at $788
     
  2. Altima

    Altima Well-Known Member Silver Stacker

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    what kind of bars are those may I ask?
     
  3. fantom

    fantom New Member

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    the bars are non pamy but are a combination of abc etc etc now $785 i think within 2 weeks it will be lower as we are entering the dreaded may june july low period
     
  4. pro$pector

    pro$pector New Member

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    Hardly a new thread worthy post.

    Perth Mint has 1kg's for $780.87 right now.
     
  5. goldpelican

    goldpelican Administrator Staff Member

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    Moved to a discussion subforum out of the trading area.
     
  6. fantom

    fantom New Member

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    why?
     
  7. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I'm guessing as it is very spam like a new member posting the prices of a specific dealers products in the trading area


    oh that and the fact your not actually TRADING anything.
     
  8. fantom

    fantom New Member

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    I WAS ACTUALLY REFERING TO SOMEONE WHO WAS hoping to sell silver bars at a price near $80 kg more than what is todays price, so if he read my message he may see that his asking price was out of the ball park
     
  9. hem9

    hem9 Active Member Silver Stacker

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    Not your business. He is free to sell what he wants at what price he wants. If you are not interested buying his silver then move on and buy from the guys you quoted.
     
  10. Pirocco

    Pirocco Well-Known Member

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    Dealer here promotes kilocoins with the argument of a lower premium than 1 ouncers.
    cheapest 1 ouncers are 790 euro per kilo.
    cheapest kilocoins are 730 euro per kilo.
    7,6% cheaper.
    Where are the days early may 2011 spot $32 that I had to pay 930 euro, even more than 1 ouncers.
    Some months later he announced lower kilocoin prices.
    Bad luck.
    End 2011 I learnt to NOT buy directly after a substantial price drop, and wait till the high premiums are gone.
    So I now hope that this price level or lower lasts until the premiums are gone. I might even wait for an again lower silver price ($20?) because I see reason to do so.
    And if it doesnt happen, I'll keep the euro's or buy stuff around that appears as a bargain. Because that $30 is surely not supported, not hard to find out why: general prices did not increase like silver.
     

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