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File: 1411244239833.jpg (29.98 KB,620x388,155:97,8-9-silver.jpg)

49a261 No.7 [Last50 Posts]

Price of silver continues to drop.

..but you cant find it anywhere close to spot. Purchase price is floating around 4 BUCKS above spot.

silver thread.
____________________________
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49a261 No.53

I have 25 silver coins from circulation whos numismatic price is more than the spot price. idk how to sell them.
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49a261 No.244

bumping for interest

I'm thinking about getting a few 10 ouncers, or maybe swing high and pick up a hundred bar
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49a261 No.247

Wait, silver costs 4 bucks an ounce?
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49a261 No.268

Anyone know of a good site to get a silver bar? >10oz
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49a261 No.269

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49a261 No.271

File: 1419957698563.jpg (14.61 KB,320x240,4:3,13615_10152623982971343_73….jpg)

>>269

Double no, and just no.

I already earn enough for my family of 3+cat/dog. 2900sq/ft house, 2011 wrx, Ar10/15/Armor, top tier this and that survival/camping gear, seed banks, poppy/smot seeds…everything BUT gold/silver…and perhaps platinum…cause Im a baller and want to remain so in the badlands.

Im not neet…god damn, is that the default user round here? Fucking really?

I want to BUY, not "earn", my SHTF metal.

> pic related, its what your post did to my train of thought
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49a261 No.280

just bought 2 bars, one 10 oz and the other 100 oz

feels good man
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49a261 No.286

>>271
good, because its mainly useless.
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49a261 No.290

>>268
I have always bought and sold through leer capital (well just one time….bought a 1 oz gold coin in july 2008 for 913$ and sold them it back for $2100 a few years later)
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49a261 No.301

Gainesvillecoins com
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49a261 No.448

>Purchase price is floating around 4 BUCKS above spot.
I have been asking this question a lot of time, and some anons answered that market price is under production price.
Also in 2 or 3 week the price will start rebounding, and when the debt problem starts the price will skyrocket
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49a261 No.449

>implying precious metals will be worth anything if civilization collapses.
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49a261 No.460

>>448
I've been doing research all morning and the train of thought that caught my eye the most is that the reason the price is so high above spot is because the sellers are anticipating some serious rebounding/an all out collapse and aren't going to part with their current stock without the most premium they can currently get.

That being said I found some 1oz buffalos going for $17.77 this morning. Think I'm gonna order a bunch of them
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49a261 No.461

>>449
Not immediately.

In the chaos bullets, food, fuel, water, toilet paper and matches/lighters (as well as some other neccesities) will be the most sought after commodities. Once the dust starts to settle silver and gold will be valuable to have. I'm stock piling high silver solder as well as bars/coins for this reason.
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49a261 No.474

Started buying at the beginning of this year (literally on January 1st)

At 161 ounces total now.

Thoroughly enjoyed the recent dip where it was around $15.50
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49a261 No.522

I just bought 2 oz, then two more dunk and forgot, and then 250 grams Then realized how liquid silver is being past few years. Invest a few K and earn a bit me thinks :^)

For any long time metal traders/collectors here please chime in;

Is $1665.00/100oz a Great deal?

Spot is at $16.17, and this sounds like a really good deal, Im really wanting to seal the deal but thought maybe I should wait a bit and see if it goes down to mid 15s in a week or so? I think it may go down a bit, maybe high 15s but I dont have charting software and go off of online ones.

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49a261 No.526

>>522

Anything less than 1% over spot is phenomenal.

Rule of thumb, iirc, if you're moving large amounts, you'll be buying at 5% over spot, and selling at 5% under spot. A few solid companies consistently do something like 2% within spot. You also have to factor in transportation costs.

if you're moving small amounts, the profit margin will be even less.

Where are you getting it at that rate if I can ask?

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49a261 No.528

>>526

actually, that rule of thumb might have been within 2% of spot…

regardless, under 1% is worth gold (lol)

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49a261 No.529

>>526

Ive consitently found Provident metals to have the lowest price for a hundred ounce bar (OPM 100 oz @ $0.44 over spot per website).

Ive never looked at percentages, only end cost of the bar itself vs. end cost of spot @ 100ozt. It was at 1665 for a short period, but I didnt buy because Im super new to buying silver so I stopped shopping around and decided to go over the charts and plan out my In/Out strategy first…then the price rose and now I have to wait til it goes back down, but now I know it can drop much furthar so its for the better.

Also, when it was at 1665 I didnt have all the charting apps that I do now so I was working with delayed numbers, not 100% accurate : \

http://www.providentmetals.com/100-oz-999-fine-silver-bar-opm.html

I have 4oz of silver in 1oz bars, 250g Geiger bar and 10 oz shot on the way, all of which will be kept and used for trading when it hits the fan, I want to use the 100oz bars to trade back and forth to make money.

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49a261 No.530

File: 1431404278286.png (290.28 KB,1280x720,16:9,Screenshot_2015-05-11-23-0….png)

C'mon guys…I know Im not eloquent as thou but atleast Im chipping in my .02¢ …

…I see prices staying as low as $15.5 for at least a couple months, and Im waiting for it to hit again to buy, and after the next 'cycle' finishes Im not confident it will stay that way. I think spot may then jump, most likely up, to about $20.

What are others year end predictions?…or do you guys just buy/sell like counting cards in blackjack or day trading? I know a bit about day trading and I find it helps see trends.

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49a261 No.532

>>522

>I just bought 2 oz

Newfag only just thinking about buying silver a few days ago here.

Every site I go on only let's you spend a minimum of £100.

Where is it that you can buy single ounces/single coins or bars without a minimum spend?

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49a261 No.533

File: 1431509197342.jpg (67.75 KB,670x670,1:1,silver-pile_2.jpg)

>>532

http://www.coin-rare.com/silver-bullion.aspx

I dont know how their prices stack up against other sites, I mainly look at per 100 oz. I got two Morgan bars and two inhouse brand.

I also found silver shot, basically pellets of silver, great to sell off exactly what you need;

http://www.coin-rare.com/silver-bullion.aspx

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49a261 No.534

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49a261 No.535

>>533

Nice, thanks.

What would you say are the best ounce coins to get?

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49a261 No.536

>>535

Im not interested in any mints "special coins"…limited edition this and that…"A real dragon ringht on the coin."…I buy silver by the ounce, not art. I suggest you do the same, bars are cheaper.

Having said that, buying them one ounce at a time in Very expensive compared to bulk. The larger bar you can afford, buy. It will be Very hard to turn a profit if you pay extra for art, then more from size and shipping, when you can minimize those and be able to sell within 6m and make a profit.

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49a261 No.559

File: 1433416957188.jpg (888.35 KB,1958x734,979:367,silver.jpg)

Just picked up 2 more kilos during yesterday's dip. Will probably keep buying as long as it continues the downward trend, which I think it might.

Silver deflated in value along with oil when the OPEC opened up the flood valves at the end of 2014. This almost killed US shale oil, but apparently it backfired and caused US shale oil developers to improve efficiency. This means even more cheap oil, regardless of whether shale remains competitive, or the Saudis continue to flood the market.

If this happens, I predict silver will also continue to deflate, and the Fed helicopters out dropping money with negative interest rates. Not sure how much they can keep the circus show up though, but it's a good time to buy silver.

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49a261 No.582

Finally, a board i can talk to about business

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49a261 No.583

>>559

German and Suisse bars look so great.

Only ones I wanna get are Geiger, but its like $1 above spot price.

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49a261 No.587

File: 1436892696097.jpg (20.51 KB,367x407,367:407,BogusBar.jpg)

>>559

i'm paranoid about buying bars, i've heard stories where they were filled with tungsten. buying shot seems to be more trustworthy, people say printed bars keep their resale value better but if you're selling it off-market wouldn't a dealer want to drill through it to check anyway?

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49a261 No.588

>>587

I would think any dealer with a storefront would have one of those sonic/sonar devices that check density, they would be able to tell.

I would just buy gold/silver from Very reputable sources like JMBullion or Provident. Even if I were to buy 100oz bar of silver from them I wouldnt worry, but I would still check.

Also, if youre planning on buying bars that big it would make sense;

http://testyourgold.com

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49a261 No.589

>>587

bloody hell

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49a261 No.599

>>588

oh cool, i didn't know those things existed. i only own like $200 worth of silver, if i get more metals i'll ask around to see if any dealers have those.

might be better to just buy local than rather than online

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49a261 No.602

File: 1437281354281.jpg (1.96 MB,3264x2448,4:3,20150718_234516.jpg)

Just got two 5oz bars today! Gotta keep stacking, slowly but surely, it rises!

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49a261 No.603

any canadians here know a site where i can get silver at a good price?

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49a261 No.618

>>603

look up Guild Hall Wealth Management, if you live in the Toronto area you can go there in person and pick up some silver, they make it quite easy

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49a261 No.621

>>7

I'd buy silver too, if not for the FUCKING 23% VALUE ADDED TAX IN MY COUNTRY.

FUCK ME, FUCK EU

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49a261 No.622

>>621

Couldnt a friend ship it to you? Even after shipping surely it would be significantly less expensive than that redarded 23% price gouge.

I would do it, Im not a neet and have my own monies. A long as you pay everything upfront and depending how much you buy I may not even ask a fee.

Besides, more you/we buy (From the sites I buy from (JMBullion for gold, Provident for silver)) the better the prices are so we could work together for better value.

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49a261 No.625

Price is now below $15 an ounce.

I know it was even lower in the past, roughly 10 years ago, but I really don't see it going any lower anymore.

It's only ~$450 for a kilo right now.

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49a261 No.627

>>625

W-where did you see that price?! Show me! I would buy in a heartbeat. Lowest Ive seen, from a reputable source, is just under $500.

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49a261 No.628

>>625

i'd like to know as well where you're seeing that.. best price i'm finding is ~$499/kilo. you're not just going off spot price are you?

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49a261 No.649

Its going to go under $10USD, it'll be good to buy then - I predict it'll go as low as $7-6 USD per ounce, based on production capabilities and market factors

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49a261 No.652

File: 1439329417381.jpg (2.03 MB,3264x2448,4:3,20150811_164303.jpg)

>>649

Just admit youre too poor to buy ANY silver now and your only hope is it become cheap as dirt! Haha Im Rich!!

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49a261 No.654

>>652

I just exchanged 60oz of my stack for something that increases in value faster, and is way more useful.

Enjoy trading ounces of silver for single cans of beans and some rice though…

I'll be the asshole selling 10 bullets for 1 ounce of silver, if shit pops off.

But enjoy your shiny metal, as I still do, but I am not naive to think its the best investment out there. It is a store of value in the long term, not a capital asset that guarantees high ROI

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49a261 No.660

File: 1439412978081.jpg (1.68 MB,3264x2448,4:3,20150812_133039.jpg)

>>654

You talk about "production capabilities" and "market factors"…what does that even mean? Silver has become MORE expensive to mine and produces less while at it. Mines have shut down because its not profitable to co tinue mining.

We are also seeing the begining of an upswing and with "September Scare" all about hiw likely do you think next year its going to be HALF what is was the uear before?

Just curious how you can have such a drastically different prediction than virtually everyone else Ive heard; news/analysts/insiders.

Please….Do Tell! I wont even ask what this "High ROI mystery item" is…I dont really care, as 60oz isnt that much…its like you invested in some penny stock with uour fingers crossed its going tk be the next Apple…..while not realising its just another pump and dump.

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49a261 No.670

i'm new to precious metals. can someone help me understand why the premiums on silver are so much higher than gold?

here in germany theres no tax on gold, 7% on silver coins and 19% regular VAT on bullions.

even if i ordered from another country with no tax, the premiums on their site are a minimum of 19.80% on 1oz silver coins.

the premium on a 5 GRAM gold bar is 10%, 100gram is 3.80%. why is the difference so large?

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49a261 No.671

>>670

>19% on bullions

Sorry, i meant 19% vat on bars.

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49a261 No.716

>went to buy some more silver

>all of the cheap one were out of stock

>see the current market price of silver is dropping

Wtf is going on?

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cc64a9 No.2051

Ehem

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73578a No.2418

>>716

the federal reserve has been manipulating precious metal prices for years. They don't want a precious metals rally to uncover their broken system

This is still good for the patient investor, once the lid comes off silver will go at least $400 an ounce, gold to $10,000

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052560 No.2722

info on investing

discord gg/BFPRQ21

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Post last edited at

67e95b No.3083

>>7

jmbullion, apmex, goldeneaglecoin, providentmetals, jmbullion, etc… you have to compare prices and shipping (if not free)

check your local coin shop, you may or may not get better deals

also, american silver eagles have the highest premiums. you get lower premiums on maple leafs, and even lower on less-well-known-brand rounds. for lowest premiums, consider 10 oz or 100oz bars.

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3f06a5 No.3497

Useless investment

Useless currency

Only going down

To many people selling fake silver

Nothing good about it

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