Silver Short Squeeze to 1000

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

Re: Silver Short Squeeze to 1000

Postby Tourney64 » Mon Feb 01, 2021 2:28 pm

Although silver is up again today, certainly not seeing the huge spikes at this time. Supplies at APMEX are marked as pre-order for coins that have already been released for 2021.
Tourney64
Post Hoarder
 
Posts: 2967
Joined: Thu Jun 08, 2006 5:00 pm
Location: Indianapolis, Indiana

Re: Silver Short Squeeze to 1000

Postby misteroman » Mon Feb 01, 2021 8:12 pm

If silver gets anywhere near $50 an ounce I'm unloading and paying my house off!!!! May even throw some Morgan's up tonight on wife FB and see if I can get some bites!!!
D
misteroman
Too Busy Posting to Hoard Anything Else
 
Posts: 4333
Joined: Sun Feb 17, 2008 10:00 am
Location: WNY

Re: Silver Short Squeeze to 1000

Postby Thogey » Mon Feb 01, 2021 8:24 pm

ASEs are selling at auction for 48 shipped on e-bay right now.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8505
Joined: Sun Dec 06, 2009 3:00 pm

Re: Silver Short Squeeze to 1000

Postby Changechecker » Mon Feb 01, 2021 10:23 pm

Today I sold eleven rolls of War nickels for 55.00 each. Took the proceeds to coin shop and scored 26 F/XF walking liberty at $11.00 each. Wish he had more but I'm happy with the flip.
Changechecker
Penny Collector Member
 
Posts: 325
Joined: Thu Nov 17, 2016 8:21 pm

Re: Silver Short Squeeze to 1000

Postby Market Harmony » Tue Feb 02, 2021 8:15 am

Changechecker wrote:Today I sold eleven rolls of War nickels for 55.00 each. Took the proceeds to coin shop and scored 26 F/XF walking liberty at $11.00 each. Wish he had more but I'm happy with the flip.


This is the way... sell the stuff that typically has no premium at premiums prices now, and convert to more commonly accepted forms of higher purity
Brick and mortar shop: buy, sell, and trade anything precious- coins, bullion, scrap, jewelry, gems, etc.
http://marketharmony.net

Follow me on Twitter- @MarketHarmony
User avatar
Market Harmony
Super Post Hoarder
 
Posts: 3256
Joined: Fri Feb 13, 2009 3:00 pm
Location: 657 Evergreen Ave, First Floor, Pittsburgh, PA 15209

Re: Silver Short Squeeze to 1000

Postby Lemon Thrower » Tue Feb 02, 2021 8:27 am

I'm waiting a little longer and then I'll sell my culls, crap flatware, etc.

But I may have to wait a while. Overnight, they took the price down below the Friday close.
Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3869
Joined: Fri Jun 13, 2008 10:00 am

Re: Silver Short Squeeze to 1000

Postby Changechecker » Tue Feb 02, 2021 8:57 am

Hopefully the overnight drop won't last. The premiums for the big dealers seems to be holding steady as they are putting products back out for sale. I wouldn't mind realigning more.
Changechecker
Penny Collector Member
 
Posts: 325
Joined: Thu Nov 17, 2016 8:21 pm

Re: Silver Short Squeeze to 1000

Postby knibloe » Tue Feb 02, 2021 2:16 pm

Market Harmony wrote:
Changechecker wrote:Today I sold eleven rolls of War nickels for 55.00 each. Took the proceeds to coin shop and scored 26 F/XF walking liberty at $11.00 each. Wish he had more but I'm happy with the flip.


This is the way... sell the stuff that typically has no premium at premiums prices now, and convert to more commonly accepted forms of higher purity


This is my goal with my 40%, but I wanted it to go higher first.

I personally like Canadian silver dollars and have a decent number of them. If there is a large run up, I might hold onto them just because.
knibloe
Post Hoarder
 
Posts: 2551
Joined: Fri Mar 14, 2008 7:00 am
Location: Western, NY

Re: Silver Short Squeeze to 1000

Postby Thogey » Tue Feb 02, 2021 4:46 pm

Even after fees and shipping you net 10 over spot for ASEs on E-bay. Sell a few. Man that's 4000 for 5 roll. With a $1000 premium
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8505
Joined: Sun Dec 06, 2009 3:00 pm

Previous

Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 11 guests