Is anyone actually paying these crazy premiums on 1oz coins atm?.

Discussion in 'Silver Coins' started by PatKnowall, Jul 30, 2020.

  1. bretto

    bretto Active Member

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    If you want the product.
    Pay the price.
    Hoping for a pullback in the current conditions reminds me of hoping for 50 dollar an oz Silver for the last ten years :}
     
  2. alor

    alor Well-Known Member Silver Stacker

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    when you are not sure of what to buy, get the koalas first, before they all disappeared and got sold out
    some items like covid round/bar are premium, there is no other way to get them on the cheap
    others like PM 1oz rectangular bars seems be be on sale recently from our local dealer at lower price as compared to the going rate on eBay.com.au
    always compare online
     
  3. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    If people want to have a sook about high premiums they first need to have a look at what's happening with longterm charts & understand why the premiums are there! "Demand" & If we can get the $24.40 USD resistance monkey off our back that I have been harping on about in other posts here then POS will impress

    POS is outside the cloud with Tenken & Kijun crossing Senkou B at the end of last month, this being a very positive sign for a next move up I'm happy to see the POS bounce around in this area for a much-needed rest from its stellar price rise for awhile. And for those that want to be bottom feeders & betting on a big dump in Silver then $17.50 USD has very good support. :cool:

    Opera Snapshot_2020-08-03_135937_www.marketinout.com.jpg
     
  4. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Perhaps if the price drops, where are you going to buy metal?
    It's difficult to get as it is.
     
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  5. whay

    whay Well-Known Member

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    Forget about the premium ......
    FOMO. Buy them NOW before silver is officially renamed as unobtainum. :p
     
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    If spot does drop I sure wouldnt count on physical to drop with it
    The days of cheap silver are long gone now.
    Choochoo!
     
  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Unobtanium for silver, unaffordium for gold.

    I sure am glad now that I built my position early and I bet others are too.
    Now I'm just buying when I want to.
     
  8. alor

    alor Well-Known Member Silver Stacker

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    if you just look at gold price higher than ever
    the same should be pushed for silver price higher than ever
    they tend to dance together
     
  9. shinymetal

    shinymetal Well-Known Member

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    I brought 10 is bars for the same price 5oz bars are now. I'm quite happy about that. :D
     

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  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Fishduck says it all right here. Explained and easy to understand.
     
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