Are retail silver supplies drying up?

Discussion in 'Silver' started by fishduck, Mar 18, 2020.

  1. silverhair

    silverhair Well-Known Member

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    ABC is crazy busy for sure. I got the same delay, they sold my 100 gram bars to someone else and my new pick up date is 1st of May (be)
     
    Last edited: Apr 16, 2020
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  2. alor

    alor Well-Known Member Silver Stacker

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    did you put the cards on the scale ? those extra grams bonus
     
  3. STKR

    STKR Well-Known Member Silver Stacker

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    I was wondering why it was so damn heavy.

    Those cards are the 'Bush mechanics' equivalent of colloidal silver. Three licks a day keeps the doctor away!
     
  4. Teh silvers

    Teh silvers Member

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    I've been out of the market for a while. I was wanting to know the best place to buy gold and silver bullion. I used to use bullion bourse but thats gone. Is perth bullion the same?

    Any recomendations? Im in Melbourne.
     
  5. STKR

    STKR Well-Known Member Silver Stacker

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    Bullion Now is the one you want for melb.

    https://bullionnow.com.au/

    might have a hard time getting silver at the moment. They do get some in but it goes lickety-split.
     
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  6. Teh silvers

    Teh silvers Member

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    Thanks mate. I will check it out.
     
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  7. STKR

    STKR Well-Known Member Silver Stacker

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    So ABC have pushed their deliver times forward on the pre-order silver. For so long it was 30/06/2020, and now it's 21/07/2020.
     
  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Here in the states supply is still low everywhere I buy from. Not much to choose from except the highest premium silver.
    My stock portfolio has been pathetic however haha.
    Meanwhile silver just keeps rising! Whoohoo!
     
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  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I sure wouldnt count on premiums dropping much especially with a low supply.
    Its continuing to be bought as fast as it comes on the market.
     
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  10. STKR

    STKR Well-Known Member Silver Stacker

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    I've been keeping an eye on ABC Billions delivery dates since this thread began 4 months ago. Everytime it gets closer to the "Collection / Delivery not available until after" date, they keep pushing it forward. Yesterday the collection date was the 21/07/20. Now it's the 04/08/2020.

    Has anyone recently ordered and collected ABC minted bars and would care to share some insight into the REAL timeframes?

    The word "AFTER" is critical when they set date's. They're really stating it won't come before the listed date and the actual collection/delivery is undetermined.
     
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  11. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    ^^^ Perth are having more problems than normal trying to get orders packed and delivered.
    Some of the recent packaging is barely acceptable, which is not normal, as Perth generally
    are a role-model for all to follow.
    Perth are finding it difficult to get packed items shipped from the West coast to the East; orders
    are bottle-necking at Perth (Air transport probs).
    If you are lucky enough to get an order, it's taking on average about 8 days.
     
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  12. Revils

    Revils Well-Known Member Silver Stacker

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    I was surprised to get my gold coin I ordered on Monday on Friday (yesterday)
     
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  13. STKR

    STKR Well-Known Member Silver Stacker

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    ABC have increased their delivery/collection times to after 28/08/2020.

    The only "buy it now" item is 1oz Krugerrands.

    Classic move ABC! A now consistent pattern of setting the collection/delivery date 1 month ahead, waiting until it's a week away from the set date and pushing it back to 1 month again.

    This is clearly a strategic move from ABC to prevent potential buyers being deterred from making an order. The question is, how long does it REALLY take to get your Bullion?

    Does anyone have recent experience with ordering silver from ABC and would like to share the exact delivery/collection time?
     
  14. SouthCoastSilver

    SouthCoastSilver Active Member

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    I got some from ABC with no drama a few months back, over a 2month wait listed, ordered it an had in within 3 days
     
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  15. STKR

    STKR Well-Known Member Silver Stacker

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    Wow, that's quick. Was this something you picked up or had delivered?
     
  16. SouthCoastSilver

    SouthCoastSilver Active Member

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    Ha
    Had delivered, bought it for my brother, I can't remember the details, but I bought a couple 10 is bars at about $280 as well as something random. I emailed them saying can I have the random stuff posted out first since I was giving it to someone as a gift. But they just sent out the whole order immediately despite saying the 10 oz was a 2 month wait
     
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  17. monopolize

    monopolize Well-Known Member Silver Stacker

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    I don't understand. Doesn't it mean they've just sold out of their upcoming shipment, so if you buy now you have to wait until their next shipment which would be in a month's time. Or do you mean you've already made an order and they keep delaying delivery to you?
     
  18. Karoi

    Karoi Well-Known Member

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    I was at the Perth Mint this arvo. Plenty of gold coins and bars on display, but only a single silver coin - the double pixiu
     
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  19. alor

    alor Well-Known Member Silver Stacker

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    buzz that lonely double pixiu, so silver can B extinct from their display shelf
     
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  20. STKR

    STKR Well-Known Member Silver Stacker

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    So ABC's pre-order items have an estimated collection/delivery date when you click on the item. This is what it currently says for silver bars:
    "Collection / Delivery not available until after 28/08/2020". They keep this date listed until a week before it's due and just reset it back a month. They've done this for the last 3 months in a row and never have any of their bars listed as "Buy It Now".
     

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