corky569 wrote:I see it as this, we are natural silver hoarders. Bank tellers aren't, they are more concerned with college, making a commission, or going to lunch. Tell your average teller to take that dime to a lcs or pawn shop for two bucks, (or less) and they would think you were crazy. They don't think about saving them up, or their future value.
+1 that. It ultimately boils down to perspective and awareness as to the TRUE value of silver! 6 years ago... if you had handed me a silver half or a clad half... I would have given you a buck MAX for the two of them together. Why? Lack of awareness and alternative perspective. My lack of awareness would have been not knowing the difference between the two. My perspective on silver was that it wasn't worth anything TO ME, other than the .50 cents it said on the face of it. I had the mentality of the sheeple. If you remeber back... you were once like me too!
I had a woman at one of my old pick up banks (GOD I miss her!)... she knew EXACTLY what I was doing! She used to pull out silver for me all the time. I got to asking her about why she was doing that (we ended up having a conversation on it's value... YES... I KNOW... TMI). Anyhow... she basically boiled it down to saying that she didn't collect coins and I did. She liked the idea of helping me out because I was nice to her and she liked me... and so she did! She was always selling candy bars for her kids school fund raisers. I ALWAYS bought at least one... if not 2. She was always happy to see me for that reason... and I was always happy to see her becuse she usually had 2 or 3 coins for me. She did however pull out $500 in GOLD certificates for herself (so she was NOT ALL heart!
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I would guess if you asked the general population what the spot price of silver is right now... 90% of them would ask you what does spot price mean!!!! After you explain that to them... I would guess that 90% of them would NOT be within + or - $5 of the REAL spot price.