Parachute anyone ?

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I think the lack of reaction to this drop shows the separation of the paper v physical has already occurred :cool:
 
Quite likely mate, however this is all in the naive assumption that people won't just hold their silver in such a dip...

You only have to look and see how slow the market is on here at the moment to get a feel for the potential for buys. Dealers will keep their prices up, and sellers potentially just won't sell until a shift in direction

However, any that do will be taking my hard earned ATO refund :)
 
hiho said:
I think the lack of reaction to this drop shows the separation of the paper v physical has already occurred :cool:

Agreed - premiums haven't dropped that much at all at the dealers...
 
RhythmDoctor said:
Quite likely mate, however this is all in the naive assumption that people won't just hold their silver in such a dip...

You only have to look and see how slow the market is on here at the moment to get a feel for the potential for buys. Dealers will keep their prices up, and sellers potentially just won't sell until a shift in direction

However, any that do will be taking my hard earned ATO refund :)

More people will probably hold on this time around, many of the weaker hands were already shaken off last time Silver dipped.

Market's a bit slow on here but there's still plenty of stuff going on, I think people are just holding out until their tax returns come then... :D :D

Might see another dip towards the end of the month as QE2 ends, prime timing with our tax returns too :D
 
RhythmDoctor said:
Dealers will keep their prices up

There's a number of dealers (if not most) who reflect the spot price changes accordingly - it's a pretty competitive environment!
 
Morning everyone .. You may find some that will sell at break even to take adventage of buying back in at a lower spot . With the end of QE2 and the expiry of options , I think we would see gold at below 1200 and silver below 28 ... in which case it would be time to jump all over it ... !!!
 
Never seen such bargains on SS and people very slow on uptake.
At this rate,if it falls more then more bargains.
I recon,you must go by practice,not theory.
 
goldpelican said:
RhythmDoctor said:
Dealers will keep their prices up

There's a number of dealers (if not most) who reflect the spot price changes accordingly - it's a pretty competitive environment!

Yeah, that's what I think.

Why don't you guys just look elsewhere for your silver.

This may sound obvious but the Perth Mint is a pretty good place to start, for bars at least?

Bullion Bourse has Taku / Koala / Dragon for $38 a piece.

Or do you guys get your silver cheaper than I get mine?

(If so, where...)
 
thehuckler said:
goldpelican said:
RhythmDoctor said:
Dealers will keep their prices up

There's a number of dealers (if not most) who reflect the spot price changes accordingly - it's a pretty competitive environment!

Yeah, that's what I think.

Why don't you guys just look elsewhere for your silver.

This may sound obvious but the Perth Mint is a pretty good place to start, for bars at least?

Bullion Bourse has Taku / Koala / Dragon for $38 a piece.

Or do you guys get your silver cheaper than I get mine?

(If so, where...)
The Orical (W.Davis ) in Melbourne
Best prices around ,you just have to purchase what he has ,not what your looking for
Some bargains in his display today
But he doesn't post
 
I think i went to W Davis and Sons but there was a sign on the door saying 'back in 15 mins' or something, so I waited out the front with a couple, and wasn't really dressed for the occasion. The shop-keep returned and said thanks for waiting to the couple and signalled for them to enter, they went in and the door shut behind them... I wasn't sure whether it was a schedule-shop where you had to book or something, but felt so uncomfortable i just went home :S lol, and that if i entered the room id be walking into a small room mid-meeting between those people.
 
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