Most coins sold out in Oz as well

Discussion in 'General Precious Metals Discussion' started by Jonasdundee, Mar 15, 2020.

  1. Jonasdundee

    Jonasdundee Member

    Joined:
    Feb 14, 2020
    Messages:
    42
    Likes Received:
    25
    Trophy Points:
    18
    Most lower premium coins have 2-3 weeks delivery time now at all dealers I checked.
     
    66rounds likes this.
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,168
    Likes Received:
    664
    Trophy Points:
    113
    Location:
    here there everywhere
    What are you selling ?
    This is the trading section o_O
     
  3. Jonasdundee

    Jonasdundee Member

    Joined:
    Feb 14, 2020
    Messages:
    42
    Likes Received:
    25
    Trophy Points:
    18
    I'd say it's quite close to trading to inform people that silver is getting overbought. But of course, I am not selling anything.
     
  4. heartastack

    heartastack Active Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    806
    Likes Received:
    213
    Trophy Points:
    43
    Location:
    Idaho
    General chat, dude..
     
    MyDingaling and spannermonkey like this.
  5. ozcopper

    ozcopper Administrator Staff Member

    Joined:
    Jul 17, 2009
    Messages:
    16,539
    Likes Received:
    2,509
    Trophy Points:
    113
    Location:
    Australia
    Moving thread now....
     
    spannermonkey likes this.
  6. Jonasdundee

    Jonasdundee Member

    Joined:
    Feb 14, 2020
    Messages:
    42
    Likes Received:
    25
    Trophy Points:
    18
    Apologies. :-(
     
  7. ozcopper

    ozcopper Administrator Staff Member

    Joined:
    Jul 17, 2009
    Messages:
    16,539
    Likes Received:
    2,509
    Trophy Points:
    113
    Location:
    Australia
    All good :)
     
  8. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,881
    Likes Received:
    1,049
    Trophy Points:
    113
    Location:
    Australia
  9. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    6,953
    Likes Received:
    327
    Trophy Points:
    83
    Location:
    bosis
  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,995
    Likes Received:
    1,135
    Trophy Points:
    113
    Location:
    Singapore
    In Singapore, the low premium maples are all sold out. Low premium (4-6% over spot) Kilobars and 100 oz bars almost sold out at major dealers but smaller dealers still carry them. Overall, the stock availability for low premium silver is much lower than gold.

    This is all within expectation as the silver inventory value is much lower than gold. A few tens of millions can buy up all the low premium retail silver bullion in the world.

    It's obvious by now that silver spot is not real. I'm just wondering how long they can sustain the paper market before it breaks.
     
    Last edited: Mar 15, 2020
  11. STKR

    STKR Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2019
    Messages:
    338
    Likes Received:
    397
    Trophy Points:
    63
  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,995
    Likes Received:
    1,135
    Trophy Points:
    113
    Location:
    Singapore
    Last edited: Mar 15, 2020

Share This Page