.67 over spot silver at provident

Discussion in 'Silver' started by Shippeevt, Apr 14, 2015.

  1. Shippeevt

    Shippeevt Member

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    Shippeevt, Apr 14, 2015
    #1
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Silver price crash confirmed! :p

    <Joking btw for those who don't get it>
     
    SpacePete, Apr 14, 2015
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  3. Shippeevt

    Shippeevt Member

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    All the big companies seem to be having sales today... Makes think the price is is about to drop... I may hold off..
     
    Shippeevt, Apr 14, 2015
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  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    ok, now I am getting suspicious.
     
    SpacePete, Apr 16, 2015
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  5. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    For folk who wish to investigate, here's a list of dealers:

    USA
    http://www.perthmintbullion.com/au/About-The-Perth-Mint/Our-Distributors/Distributors-USA.aspx

    Europe
    http://www.perthmintbullion.com/au/About-The-Perth-Mint/Our-Distributors/Distributors-Europe.aspx

    More
    http://www.perthmintbullion.com/au/About-The-Perth-Mint/Our-Distributors.aspx
     
    Holdfast, Apr 16, 2015
    #5
  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I was looking at spot this morning and wondering if I should venture forward this morning or wait for the Friday smackdown and buy big tomorrow.

    I studied theology for 12 years, but I'm concerned over this decision as Murphy always trumps God.
     
    sammysilver, Apr 16, 2015
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  7. Andy28

    Andy28 Well-Known Member

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    It is odd isn't it.
     
    Andy28, Apr 17, 2015
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  8. Pirocco

    Pirocco Well-Known Member

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    That 0.67 over spot isn't the 0.67 over spot from the $20-$50 times.
    It's spot + 4%.
    In 2003 at $5 it was +13%
    In 2011 at $35 it was 2%

    It's quite possible that companies like to sell most/all stock after driving up the price of their product along the futures market. The difference $14-16 is +14%.
     
    Pirocco, Apr 17, 2015
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  9. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Sammy who know these days. These markets are completely and absolutely controlled and manipulated. In this case its not God but JP Morgan and Goldman Sachs who control prices. I think Murphy will win out eventually :D
     
    Ronnie 666, Apr 17, 2015
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