two different directions!!
Posted: Tue Dec 18, 2012 7:31 pmi'll try and be brief..(lolz)
i was just flipping thru emails, and i had some Ebay auction ending emails. i usually peruse, "US silver coins rolls"...go thru the list, and watch the rolls that interest me......which are BU rolls of 90's, Halves and Quarters, Morgans, ASES....ok?
so i go to Ebay, my watch list, and the first thing i see, is a roll of 1961-D Franklins, BU's..a nice roll, nothing i'd get to be hyperventilating over, but with a half and hour to go, the roll is trading at $404!...another roll is trading a solid $350, i think it was 1960D roll of Frank's.....and i'm thinking, "did silver just trade crazy higher on the day?"
so i go check out the board, and silver at comex must of got clobbered today, (i wasnt watching) coz it shows a 31.50 something print...my first thought was "wtf?!?".......its like the "board" is trading one direction, and real world physical silver, is trading to the other, the trade is ROBUST to the upside...its almost like two different markets.
and you know, we CAN SAY, "oh, i'll just wait for a "set-back".....and buy"....in the physical?.....i REALLY dont think in the physical, we're going to see that much of a set back...the buying is just too intense.
as my brother just said to me, "these are some strange days".....amen.
i was just flipping thru emails, and i had some Ebay auction ending emails. i usually peruse, "US silver coins rolls"...go thru the list, and watch the rolls that interest me......which are BU rolls of 90's, Halves and Quarters, Morgans, ASES....ok?
so i go to Ebay, my watch list, and the first thing i see, is a roll of 1961-D Franklins, BU's..a nice roll, nothing i'd get to be hyperventilating over, but with a half and hour to go, the roll is trading at $404!...another roll is trading a solid $350, i think it was 1960D roll of Frank's.....and i'm thinking, "did silver just trade crazy higher on the day?"
so i go check out the board, and silver at comex must of got clobbered today, (i wasnt watching) coz it shows a 31.50 something print...my first thought was "wtf?!?".......its like the "board" is trading one direction, and real world physical silver, is trading to the other, the trade is ROBUST to the upside...its almost like two different markets.
and you know, we CAN SAY, "oh, i'll just wait for a "set-back".....and buy"....in the physical?.....i REALLY dont think in the physical, we're going to see that much of a set back...the buying is just too intense.
as my brother just said to me, "these are some strange days".....amen.
