$28.00 Silver.

Discussion in 'Silver' started by Shaddam IV, Sep 3, 2019.

  1. alor

    alor Well-Known Member Silver Stacker

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    there is some supply problem even for the 1000 oz bars, mines closures etc, we can see clearly that premium has not drop since 13 March 2020 when spot hit around $12... currently the premium is much higher over here, it just make no sense, since we can buy online and store it elsewhere like in Melbourne or NZ etc.. the forces will drive the prices closer in many markets
    there are a lot of demand out there for dealers to supply them, some are on queue for 1 month delivery etc
     
  2. leo25

    leo25 Well-Known Member Silver Stacker

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    ok, I should have said most sites in Sydney have available stock. I guess i don't know regarding other states.
     
    Last edited: Aug 6, 2020
  3. leo25

    leo25 Well-Known Member Silver Stacker

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    In Sydney you can buy 1kg bars around $3 above spot and no wait time. That's why i can't understand why someone will pay $10+ above spot for coins.
     
  4. alor

    alor Well-Known Member Silver Stacker

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    once they are long enuff in the stuff, they would pay for less, they knew they can
     
  5. willrocks

    willrocks Well-Known Member Silver Stacker

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    More sideways action on at the moment.
     
  6. alor

    alor Well-Known Member Silver Stacker

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    may be we will stop at 28 usd this week close, then continue up next week
     
  7. SilverDJ

    SilverDJ Well-Known Member

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    Except when it doesn't!

    upload_2020-8-6_17-4-5.png
     

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