What's going on with silver?
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- Ad Orientem
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Re: What's going on with silver?
Whoa...
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Re: What's going on with silver?
M U S T B E S T R O N G- M U S T N O T B U Y 100 OZ B A R
- dualstow
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Re: What's going on with silver?
up 3%
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Re: What's going on with silver?
Ad Orientem wrote: ↑Fri Sep 13, 2019 2:40 pm M U S T B E S T R O N G- M U S T N O T B U Y 100 OZ B A R
DAMN!
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Re: What's going on with silver?
JM Bullion has 10 oz bars on sale for .29 cents over spot. I hate these evil bastards. They are like pushers waving my drug of choice under my nose at a cut rate price.
https://www.jmbullion.com/on-sale/?con ... 9zubgamux#
https://www.jmbullion.com/on-sale/?con ... 9zubgamux#
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Re: What's going on with silver?
Silver is not doing well at all in the present crisis and is hugely underperforming gold. I suspect this is largely due to silver's dual nature as both a precious and industrial metal. In any situation that is likely to have broadly negative ramifications for the economy, demand for industrial metals will fall. Current silver/gold price ratio is 92:1.
Re: What's going on with silver?
Better not visit Perth thenAd Orientem wrote: ↑Wed Nov 27, 2019 3:29 pm JM Bullion has 10 oz bars on sale for .29 cents over spot. I hate these evil bastards. They are like pushers waving my drug of choice under my nose at a cut rate price.
https://www.jmbullion.com/on-sale/?con ... 9zubgamux#
Additional Weights
Additional silver bullion cast bars up to 1,000oz can be purchased from The Perth Mint by contacting our Bullion Desk:
1300 201 112 Australia only
+61 8 9421 7218 International Callers*
E-mail: info@perthmintbullion.com
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Re: What's going on with silver?
I personally like the 1 kilo bars. Here is one to covet.
https://www.jmbullion.com/1000-gram-pam ... ilver-bar/
Also, I think the price of silver may go up because from my laymen's research it seems like the cost of producing silver is somewhere in the range of 12 to 15 dollars. At that price as the miners go bust the demand will start to exceed supply - pushing the price up. No idea how high but right now it seems cheap.
https://www.jmbullion.com/1000-gram-pam ... ilver-bar/
Also, I think the price of silver may go up because from my laymen's research it seems like the cost of producing silver is somewhere in the range of 12 to 15 dollars. At that price as the miners go bust the demand will start to exceed supply - pushing the price up. No idea how high but right now it seems cheap.
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Re: What's going on with silver?
Silver today...
- dualstow
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Re: What's going on with silver?
Wow, that is a big drop indeed.
Silver is antibacterial, but apparently not antiviral.
Silver is antibacterial, but apparently not antiviral.
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Re: What's going on with silver?
Silver/gold price ratio... 98:1.
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Re: What's going on with silver?
Gold up, silver down
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Re: What's going on with silver?
This is a good example of silver's weakness. Being an industrial metal is weighing heavily on it with the global economy is going into full panic mode.
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Re: What's going on with silver?
AJPM dot com says
We currently have no live silver product at any of our locations.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
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Re: What's going on with silver?
Ooh, AJPM should buy some of that.
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Re: What's going on with silver?
I'm going to buy some SIVR.
Re: What's going on with silver?
On 18/03 I bought quite some silver ETF shares (if I have to be precise - VZLC).
Normally, I step lightly in such occasions given the invested amount, but simply was not able to resist those 2009-ish price levels... And IMHO that might be quite close to the bottom this asset can have relevant to the current USD buying power (unless people realize they can't eat silver, but that's far too pessimistic scenario). Today there's a good increase, but honestly I do not count on those short term +/- fluctuations..
Normally, I step lightly in such occasions given the invested amount, but simply was not able to resist those 2009-ish price levels... And IMHO that might be quite close to the bottom this asset can have relevant to the current USD buying power (unless people realize they can't eat silver, but that's far too pessimistic scenario). Today there's a good increase, but honestly I do not count on those short term +/- fluctuations..
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Re: What's going on with silver?
Don't mention this on bogleheads or they will be CERTAIN to inform people that they can't eat silver!Vil wrote: ↑Fri Mar 20, 2020 8:04 am On 18/03 I bought quite some silver ETF shares (if I have to be precise - VZLC).
Normally, I step lightly in such occasions given the invested amount, but simply was not able to resist those 2009-ish price levels... And IMHO that might be quite close to the bottom this asset can have relevant to the current USD buying power (unless people realize they can't eat silver, but that's far too pessimistic scenario). Today there's a good increase, but honestly I do not count on those short term +/- fluctuations..
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Re: What's going on with silver?
I was just reviewing this thread viewtopic.php?f=10&t=8759&start=24 in which you said
(page 3)Being an aimless dreamer, I set my silver buy at $15
Silver has been an interesting ride. As I type, the spot price is $12.64 and maybe _____ each to actually buy 10oz
(Oop, I can’t fill in today’s price because it’s out of stock)
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Re: What's going on with silver?
Promise, I will not. Stopped attending their forum once I realized (unfortunately, and not that I am ill) I may enjoy not that long life. And I think, long life is a must-have if one decide to follow their "common sense" advice.Libertarian666 wrote: ↑Fri Mar 20, 2020 8:19 am Don't mention this on bogleheads or they will be CERTAIN to inform people that they can't eat silver!
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Re: What's going on with silver?
What does that mean? Had your genes analyzed and found a risky heart condition?
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.