Silver

[00clone]

Hmmmm what happened the last 8 years that likely isn't going away? ....... 50 was a knee jerk reaction, but you can be sure that we won't see 5 an ounce ever again.

right now....I'm going with nowhere, but maybe if it drops another $10 an ounce. Yeesh, still way high for me.

I haven't used them but looks like decent prices:

http://www.jmbullion.com/silver/

$20 - $10 /= $5. I never said it was going back to $5.

 

[kansascy]

http://fidelitrade.com/home/products-prices

 

[Bamacyclone]

I've used Kitco for years for bulk purchases, but Monex is just as respected. Both have good web sites to research.

If you're buying as a bottom-line fall back hedge, you might take a look at their 'junk' silver bags. This is actual US coinage of 1964 and earlier that was 90% silver. It's treated as bullion, but it has the advantage of still being legal tender.

They sell new precious metal coinage, if that's all in which you are interested.

 

[Clonefan32]

Are you looking to accumulate silver so you can bury it in your yard and mark it with an X?

 

[Mtowncyclone13]

Are you looking to accumulate silver so you can bury it in your yard and mark it with an X?

if i tell you that you'll show up with a shovel and dig it up.

 

[Go2Guy]

A couple months ago, when asking the same question about Gold, some helpful posters directed me to the Gainsville site.

http://www.gainesvillecoins.com/category/488/pamp-credit-suisse-gold-bars.aspx

I'm still trying to get my mind accepting the fact I'll buy it on the internet and have it shipped to my house - this is Gold, not Amazon!

 

[Cycsk]

Hmmmm what happened the last 8 years that likely isn't going away? ....... 50 was a knee jerk reaction, but you can be sure that we won't see 5 an ounce ever again.

That is a crazy chart. It seems to indicate massive market manipulation. Were there a few sellers who made a fortune by dumping huge amounts at $50?

 

[dtISU]

Supply of silver?

Econ major?

 

[irish]

A helpful site to compare prices from dealers: https://comparesilverprices.com/

I've only dealt with Apmex and local shops, so I can't speak to the reliability of most of the vendors listed.

 

[00clone]

Exactly. We're not going back to 5. I'll buy at 20 all day even no one is selling right now.

Thread revival...howzat buying at $20 feeling now?

 

[CYme]

Thread revival...howzat buying at $20 feeling now?

Still waiting for $5 silver!

 

[DoctorUncle]

Thread revival...howzat buying at $20 feeling now?

But late night tv and AM radio said...

 

[ArgentCy]

We're getting close to a bottom now but still need one final swift down draft. I'd be looking to buy at <$1,000 gold. Probably won't buy any physical this time and stay with miners and some options or etf's.

Edit, should probably note that i hold a few miners atm and a crap load of short-term GLD puts.

 

[Cyclonepride]

Bottom line, you don't bet against the Fed. Rivals to treasuries are actively suppressed.

 

[ArgentCy]

Sorry, I used to believe that but its just not true. Cost me quite a bit of money but lesson learned. All markets must go up and down.

 

[Cyclonepride]

Sorry, I used to believe that but its just not true. Cost me quite a bit of money but lesson learned. All markets must go up and down.

How did you lose money while believing that? Sell short?

 

[ArgentCy]

Owning and holding on to too many miners after 2011. Always a time to buy and a time to sell. I made some too but in the end its probably close to a net zero.

Treasuries are sold in increments of a million dollars often times and can be used as collateral at brokers. They could care less about a tiny market like silver.

 

[Doc]

Thread revival...howzat buying at $20 feeling now?

Thanks Obama!