Oh no, the price just got higher. Should I still hold on for the $13 target price before getting the kilo sow?
Bit the bullet, brought home the kilo sow. The dealer was quite happy, I’m guessing it’s not that popular.
$13 silver might be possible
- Thread starter leon1998
- Start date
Bit the bullet, brought home the kilo sow. The dealer was quite happy, I’m guessing it’s not that popular.
everyone have to wait 11 years to complete their Lunar set,
since that wait is over... you can choose your own sweet time to complete your own set any time
hopefully not over paying too much for them all
once this run up is over in months, should have some money ready to buy again
usually when there is a spot sale in gold product, months later the price also drop to even lower than that cheap offer price.
the Paladium maples were clean out recently, saw nothing for sale now
when silver drop, pick up more than my set monthly purchase target, so that when price is up...can sit back to waaait for it to drop back for pick up again
so there is never a need to buy a run away horse
since that wait is over... you can choose your own sweet time to complete your own set any time
hopefully not over paying too much for them all
once this run up is over in months, should have some money ready to buy again
usually when there is a spot sale in gold product, months later the price also drop to even lower than that cheap offer price.
the Paladium maples were clean out recently, saw nothing for sale now
when silver drop, pick up more than my set monthly purchase target, so that when price is up...can sit back to waaait for it to drop back for pick up again
so there is never a need to buy a run away horse
Have to agree that there's a possibility that price will fall below offer price. This is why I took so long to bite on the 10 oz Heraeus. After I bought 10 pcs at $208 a piece, it fell to $205. But once the promotion is over, it never went back to $208, at least for now. The 10 oz Heraeus are a really good deal because they are brand new bars, not "secondary market" or old bars.
As for the reason for buying lunar sow now - it's a defensive measure, so that I won't buy more if the dead cat bounce goes up further.
It's like dieting, you don't want to starve for too long only to binge later - at a much higher cost.
Maybe the price will fall later, but it won't matter for a small purchase.
Pirocco
Well-Known Member
Paper trading artificially presses the price of the commodity UP when acquired, and DOWN when dumped (or neutralized along addition of additional inverse positions).
Which is precisely what real supply/demand does, only that it doesn't actually need the presence of the commodity (wherever that be) at all.
As said, the sole reason for the futures market is to be able to EASILY and FAST inflict speculators on the commodity higher prices when they buy, and lower when they sell, it's a go-against speculators, if the frontrun works out, then the hedging positions on the futures market will deliver the dollars that compensate for otherwise-losses caused by speculators, and they will be the same dollars that the speculators pay more DUE to the forward component in the spot price.
my Falcon QB come with some milk spots
the PM Lunar Rosters are in good condition
my purchased when spot close to 14.0x
hope there is opportunity to purchase again in coming months, now that the spot price for gold bar sale is over
hoping for another dip
SK now has rmc rounds for $20+. Seems like a good deal?
rounds are not good for big quantity, they are not likely to increase in value...group buy is the way to solve this and enjoy the tier pricing
coins are better when they are even cheaper (when on sale) easy to recognize
https://www.bullionstar.com/buy/product/suriname-1oz-2013
the cheaper coin in our area may not be so cheap somewhere else
coins are better when they are even cheaper (when on sale) easy to recognize
https://www.bullionstar.com/buy/product/suriname-1oz-2013
the cheaper coin in our area may not be so cheap somewhere else
SlyGuy
Active Member
Obviously an apples to oranges comparison.^
You're bringing up two different things which have different rarity, qualities, and demand. They can't substitute for one another in any application, so how are they even remotely related?
By your logic, gold and silver should also be nearly the same price... because there is roughly the same available above-ground supply of each.
Wait... maybe we should compare 18 wheeler semi trucks to mountain bikes? Hey, they're both vehicles, right?
Don’t be silly, silver vs gold in earth crust is not a contest, so much more silver it’s comparing the weight of hump back whales vs weight buildings in Paris. but gold is over valued too.
Don’t be silly, silver vs gold in earth crust is not a contest, so much more silver it’s comparing the weight of hump back whales vs weight buildings in Paris. but gold is over valued too.
While it is true that gold is overvalued, but the trouble is cash is also overvalued.
This may sound strange, how can cash be overvalued?
Cash is overvalued when,
1. Everyday living expense goes up every year, so the same amount of cash is worth lesser next year.
2. The risk of currency devaluation in the event of a banking crisis, e.g. Icelandic Krona.
3. The risk of deposit haircut in the event of a banking crisis, e.g. Cyprus.
4. The risk of increased capital controls - which is happening in China. It's getting harder and harder to move RMB out of China.
At the end of the day, like Ray Dalios say, it's a balancing game.
https://www.bullionstar.com/buy/product/silver-maple-1oz-various
nice sale again maple going for A$22.46 S$21.93
nice sale again maple going for A$22.46 S$21.93
JOHNLGALT
Well-Known Member
Silver Bear Cafe website has this well researched article on the coming silver explosion.
It will make good weekend reading if you don't have time beforehand.
http://www.silverbearcafe.com/private/10.18/explode.html
It will make good weekend reading if you don't have time beforehand.
http://www.silverbearcafe.com/private/10.18/explode.html
An article by someone working for a precious metals investment firm on the "coming silver explosion" .
Because that article wont be unbiased much crayon hands?
That article doesnt deserve more than 5 seconds of anyones time
Wish I have gotten more then. Now it looks like it is impossible to get brand new 10 oz bars for $208. By the way, the 10 oz and 100 oz Britannia bars were beautiful, even prettier than in the photos. I was at BS.
SlyGuy
Active Member
Above-ground supply and amounts in Earth's crust are two entirely different things.
Above-ground is refined and usable metal (in coins/bars, jewelry, statues, etc etc).
Earth's crust is referring to the veins yet to be mined (assumed to be a ratio between about 8:1 and 16:1 silver:gold).
For above-ground, gold and silver are generally believed to be roughly equal (circa 5-8 billion ounces of each, or just remember one 1oz coin of each per living person). The silver is mostly individually or institutionally held and industrially used... while the gold is mostly in central banks. Some people say there is actually much less silver than that 6 billion ounce estimate and slightly more gold. Nobody really knows for sure. Either way, consensus would be that it's safe to say there is roughly equal amounts of each metal above-ground. But again, rarity or abundance doesn't determine price... demand plays a huge factor.
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