Where are All the Silver Coins when Spot down

Discussion in 'Silver' started by Golden ChipMunk, Sep 22, 2020.

  1. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Check them yourself.
    They All are currently Not Available. :(:(:(:confused::confused::confused::mad::mad::mad:o_Oo_Oo_O
    Web Pages All taken down. :eek::eek::eek::rolleyes::rolleyes::rolleyes:

    Back up the Truck..:):):D:D:D
     
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  2. stackmans

    stackmans Active Member

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    Yep, it's always the same. The dealers claim supply and demand is the reason that their premiums are so high. But as soon as spot falls.... Poof no product available. Its pure price gouging.
     
  3. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    No, They pay too much...
    Now, A Huge Lost :eek::eek::eek::rolleyes::rolleyes::rolleyes:
     
  4. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    This afternoon Spot taken a huge dive.
    That makes approximate 10% saving or $5 near enough per 1 oz. coin.
     
  5. Pirocco

    Pirocco Well-Known Member

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    Back up the truck, lol?
    Why not await $10 down?
    And not available? All dealers in my region (BE/NL) have all 2020 bullion in stock.
    Of course, all they sell now is sell high.
     
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  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Our physical prices havent changed. Only paper stays with the spot.
     
  7. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I doubt that most dealers would withhold stock during spot price drops unless it was a huge fall....
     
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  8. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    True Shaddam but, if they can't reorder stock their hedging strategy may be complicated.
     
  9. alor

    alor Well-Known Member Silver Stacker

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    I almost snipe the initial drop to 23.70 which is not much difference from current price, they just had more stocks 3 days ago
    it was not easy, as the window to act were just too narrow and there is still some waiting time to get my hands on those coins
    so did not really focus
    now there is a better price re-visit, will certainly execute :D
    I believe there are more people out there with bigger balances waiting to buy, they were buying for sure
    hope they do not clean out :eek:
    gouging, may be not, but over pricing the premium is; due to some delivery delay etc, covid19 conditions in original counties etc
     
  10. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

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    Buy unallocated. It's normally close to spot.
     
  11. bron.suchecki

    bron.suchecki Well-Known Member

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    ABC Bullion has went back to buy now on our silver cast bars and we have a heap of silver kruggerands. Any dealer who is managing their hedging correctly would not be pulling product because of a price drop.
     
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  12. alor

    alor Well-Known Member Silver Stacker

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  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The trouble is all physical will be wiped out before it is down $10. Unless you're buying SLV.

    I guess, I'll be buying some at around $19. lol
     
  14. Pirocco

    Pirocco Well-Known Member

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    That's just temporarly.
    I learnt to have patience when data says so.
    I learnt to act immediately when data says so.
    I have had hard lessons.
    I had to be patient nearly 10 years.
    I acted immediately to buy more at recordlow prices.
    And some month ago I managed to correct my 2011 error.
    I didn't sell all, though. Not some strategy, just that I liked the Libertad and Lunar Rabbit kilocoins too much to sell them. That's still a weakness I should get rid of.
    Whether or not I will buy back in, I don't know. Several reasons. I'm gonna need big bucks in coming years, and also the next, now near major crisis (end october bottoms?). I hope for a house market collapse.
     
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  15. leo25

    leo25 Well-Known Member Silver Stacker

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    All sites i look at have stock and prices are even lower right now.
     
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  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Yes, What are the coins and bars??

    Were the pricing correct for them?

    In co-relation to the Spot down accordingly??
     
  17. Investing for kids

    Investing for kids Well-Known Member

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  18. leo25

    leo25 Well-Known Member Silver Stacker

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    Yes prices are consistent with how it's been for the past month or so. Maybe a bit lower now.

    Spot currently 31.42
    Here are some prices for 1oz Kangaroos (in tubes of 25) across Sydney and Brisbane.
    $40.65, $40.82 & $40.8. So as low as $9.23 above spot.

    Here are some prices for 1kg bars across Sydney and Brisbane.
    $1107, $1132 & $1102. So as low as $2.85 above spot.
     
    Last edited: Sep 24, 2020
  19. alor

    alor Well-Known Member Silver Stacker

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    with more varieties available, there seems to be a minor premiums drop
    Hope for the best, and that I have bought closer to a low again
     
  20. Golden Stash

    Golden Stash Active Member Silver Stacker

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    They have 1 oz silver eagles, krugerands, philharmonics and Chinese pandas.
     
    Last edited: Sep 24, 2020

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