I see a heap of people wanting to BUY low premium bars and/or rounds, but precious little on offer by forum members... Anybody had much luck? Share your story if you will. GP - any chance you could setup a "branch" of Goldstackers in Brisbane?
Agreed. Ainslie's are charging huge premiums even with the drop in spot - but still loads of people through their doors. So bad.
My local coin dealers did the right thing. I got an NTR 10oz bar for $1/USD per ounce. My other coin dealer sold me 10 1oz Johnson Matthey bars at $1.50 over spot and I got 10 Maples for $2.50 over spot. Not too shabby. The Johnson Matthey's I got when silver spot broke down under $23/oz. It was a nice pick up for me at some great deals. Now the prices have gone up and my local coin dealer is pretty much wiped out of silver. All he has left are American eagles which I think he's asking $5.50 over spot.
I opted to buy unallocated at current prices and will redeem sometime in the future. Hence I can (and the dealers can) still lock in deals at current prices but it doesn't matter if the stock from Perth Mint is delayed for a few weeks. I can leisurely choose what to redeem it for in the future rather than taking whatever's currently "on the shelves".
There's almost no difference between that and buying paper silver/gold in an ETF... Just make sure you're not standing when the music stops! :lol:
:lol: I know, I know. It was a big step to make and one I'll most likely close out after a few weeks. Rather than an ETF controlled by the banks though, as Bron has discussed in the past, the unallocated through Perth Mint is a completely different beast so it should never be lumped in with ETFs (with unallocated through individual dealers more of an interpersonal trust thing).
POS goes up $1oz and a roll of 10 oz coins goes up $20. Pos falls to 22-23 and they stay @ 340 per roll like they were at 227-28. Bars a different storey but the drop in price is not reflectiong the drop in spot. Dogsballs imo. Maybe it not their fault, maybe phys is decoupling from paper. Maybe there is another reason.
No, he should come to the Hunter - at least you have options up there. We have one place otherwise we have to pay postage. Come home GP!!!! Edited for latitudinal errors
Horses. Why not. I think you will find you can. Just have to pay the coin premium. Flip the bird, I mean GP a message.
Best value at moment are 1kg pamp bars for under $800! Heaps still a available out there too. I like bullionmoney lately because they have their silver in stock so the wait isnt too long even though they are very busy. (free plug for u guys)
