Silver price is down

[Lemon Thrower]

sorry - i picked up 40 ASE's for $25 cents below spot yesterday - must be why silver has fallen a dollar.

[neilgin1]

sorry - i picked up 40 ASE's for $25 cents below spot yesterday - must be why silver has fallen a dollar.

"sorry?"....what fer?....thats a solid score. You should be jumping for joy!!

[Kurr]

I picked up another 20 myself for workin with.

I am NOT complaining though. Last run was bought @ 41 then dropped to 26 right after.

THAT drop made this drop very .... palatable.

.25 under is an awsome deal on ASE's!

[daviscfad]

still not doing bad on this at 75 cent premium

[silverflake]

Finally, PMs take a whipping and I have some cash on hand. Made my LCS's day today.

Have I said keep stacking lately? Well keep stacking!

[pennypicker]

sorry - i picked up 40 ASE's for $25 cents below spot yesterday - must be why silver has fallen a dollar.

"sorry?"....what fer?....thats a solid score. You should be jumping for joy!!

Neil's correct. Here in Medford, Oregon there is a $4 premium on ASE's so even with the drop today you're still ahead of the game based on what I have to pay at my two local coin shops.

[Lemon Thrower]

i'm sorry for jinxin' the spot price for everyone else. whenever one of us buys, the price seems to plummet immediately.

[Mossy]

Buy some more, will you? Both curves flattened.

[barrytrot]

I jumped on some more "fake" today. The option premiums are quite good. Over 1% for expiration tomorrow even!

[newton7]

I checked the prices at lunch today and made a bee line to the coin shop. Was afraid that others would be raking in all the good stuff but to my surprise I was the only one buying. Some were selling with it being 2 dollars down. Hit it at 31.43 and scored some oz's at a very good price even with their premium. Now the price is slowly climbing back up. This is rare for me as it usually falls after I buy.

[slickeast]

How low are we going to go this time? Anyone thinking mid 20's?

[shinnosuke]

How low are we going to go this time? Anyone thinking mid 20's?

We need to wait until we see what the "super" Super Committee does. The deadline is next week, right?

Have you noticed that Cu and Ni are holding steady?

And now, this from Zerohedge. The times they are a changin'.

http://www.zerohedge.com/news/entire-system-has-been-utterly-destroyed-mf-global-collapse-presenting-first-mf-global-casualty

[morris14ccm]

You're lucky, my LCS has been selling ASEs at $45 each since mid-Sept, not a dollar under. Now I have to order online and shipping hurts my DCA because I can only afford small orders.

[dan53]

About a week ago, I was making the rounds at different banks. Bought six rolls at one bank. There was 121 silver coins... 118 forties and 3 nineties. I rarely get lucky like that but it does still happen.

[penny pretty]

please tell me where to buy eagles UNDER spot! I live in NY and the state taxes them, so cheaper on ebay for me..

[blackrabbit]

Is this drop due the fallout of MF Global and the looting of all the accounts?

[knibloe]

please tell me where to buy eagles UNDER spot! I live in NY and the state taxes them, so cheaper on ebay for me..

I live in NY also. Tax is 8% , so the best deal that I can get is 8% over spot for junk silver. What ticks me off about that the most is that I pay cash and I half believe that the LCS is not recording the sale.

Does PA have sales tax, and then the problem is that I dont travel to PA for work anymre.

[marine70]

Yesterday the 17th I bought five NGC early release eagles MS69 for $40 a piece just wondering if I made a good purchase.