paid $5 over "spot" for 20/2015 Maples and i dont care
Posted: Fri Sep 25, 2015 3:27 pm
I know a lot of guys, buy MUCH much more than that......but buying 20 toz of the PREMIUM .9999 2015 Maples?....that's a big deal for me.......and paying $5 over the "board", which I regard as a PHONY criminal enterprise, am I REALLY paying a premium, or just hitting a legit FREE MARKET ask? bought two 10 toz coin lots for 408 and some change.....no big deal, but I had one of those moments I used to get on the trading floor during the mid 80's, say when July Bellies were trading $2 over July Hogs...i'd get that feeling, "only $2 over?"....walk in July Bellies....buy some, rush over to the July Hogs, short an equal number against them....wait a month, sell the bellies $12 over the hogs, $3800 profit a car...those were the days.
anyway, MCM....I like them....you know what spooked me? this article:
BEWARE: What If This Retail Silver Investment Shortage Doesn’t End?
"Not only has the present retail silver bullion product shortage continued for several months now, what happens if it never ends? This may seem like a play on hype, but if the U.S. or World experiences another Black Swan event like the Lehman Brothers collapse in 2008, physical silver demand will likely explode to levels much higher than today.
One of my readers contacted me yesterday with some interesting information. He stated that he called his coin shop and found out that new Silver Eagle orders will not be available until 2016. I wanted to know if this was true, so I contacted some of the large online Dealers and asked them what the current situation was in the silver supply demand picture from their perspective.
I did get conformation from one source (dealer) that they were no longer taking new orders for 2015 Silver Eagles. Now, this does not pertain to “pre-ordered” Silver Eagles by some of the retailers from the Authorized Dealers. Thus, some retailers may have purchased Silver Eagles 6-8 weeks ago, and will finally receive delivery in say 3-4 weeks. So, when an individual goes to one of these online dealers websites and notices Silver Eagles for sale with a 3-4 week delivery wait time, these were already pre-sold by the Authorized Dealers."
rest of article: https://srsroccoreport.com/beware-what- ... oesnt-end/
anyway, MCM....I like them....you know what spooked me? this article:
BEWARE: What If This Retail Silver Investment Shortage Doesn’t End?
"Not only has the present retail silver bullion product shortage continued for several months now, what happens if it never ends? This may seem like a play on hype, but if the U.S. or World experiences another Black Swan event like the Lehman Brothers collapse in 2008, physical silver demand will likely explode to levels much higher than today.
One of my readers contacted me yesterday with some interesting information. He stated that he called his coin shop and found out that new Silver Eagle orders will not be available until 2016. I wanted to know if this was true, so I contacted some of the large online Dealers and asked them what the current situation was in the silver supply demand picture from their perspective.
I did get conformation from one source (dealer) that they were no longer taking new orders for 2015 Silver Eagles. Now, this does not pertain to “pre-ordered” Silver Eagles by some of the retailers from the Authorized Dealers. Thus, some retailers may have purchased Silver Eagles 6-8 weeks ago, and will finally receive delivery in say 3-4 weeks. So, when an individual goes to one of these online dealers websites and notices Silver Eagles for sale with a 3-4 week delivery wait time, these were already pre-sold by the Authorized Dealers."
rest of article: https://srsroccoreport.com/beware-what- ... oesnt-end/