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Thread: $18.38

  1. #1

  2. #2

    Default

    Some are calling for $15 to $13.


    I guess we'll see.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  3. #3

  4. #4

    Default

    Still not paying 4.99$ or more premium

  5. #5

    Default

    Quote Originally Posted by and4rik View Post
    Still not paying 4.99$ or more premium
    I agree, especially when I can buy gold with a 3 to 5% premium.
    Stacking since the late 1970's

  6. #6

    Default Told friends to buy at 18.45

    There is no way it is going much below $18, mining costs are soaring due to supply costs and very high diesel prices. Today above $20 and the moment the fed waivers expect more. The market is forward looking we are in an excellent position for gains over the next six months.

    I've been trading silver since 1981 and this is a rare opportunity, when Covid started it went to $11, I bought. Below cost of production at the time.

  7. #7

    Cool

    $18.05...........................?
    https://www.reuters.com/article/idIN...56695620110502
    Happy LABOR Day weekend to those who still WORK..
    Last edited by silverone; 09-03-2022 at 09:14 AM.
    x3

  8. #8

    Default

    Quote Originally Posted by and4rik View Post
    Still not paying 4.99$ or more premium
    At spot = $6, I would
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  9. #9
    Join Date
    Sep 2022
    Posts
    8

    Default Premiums

    When will the high premiums start to drop, too high for me

  10. #10

    Default

    PM may continue to drop in price as long as the US$ keeps gaining in value. Premiums may not drop in the USA if everyone else is lined up to take advantage of the low PM prices.
    American Legion Preamble: https://www.legion.org/preamble

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