Silver Is Trending Down/Up....

Ag @ $ 22.59 down $ .04

Is it just me, or are the premiums on ASE’s getting worse? I…do…not…need…them…that…bad…

Sure miss the “good ol days” lol. Remember when spot was low $20’s and paying $25ish.

waterboy_75 said:

Is it just me, or are the premiums on ASE’s getting worse? I…do…not…need…them…that…bad…

Sure miss the “good ol days” lol. Remember when spot was low $20’s and paying $25ish.

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Yes if you don’t need them. Current Apmex price is $36.69 for BU 2023. That is the “as low as price.” Realistically most would pay around $38. Supply and demand.

Ya I see junk silver going for 32x…. If my maff is correct, that’s over $40/oz.. ya, nope

I got out of PMs years ago and with the stupid premiums these days I'll never be able to rebuild any decent kind of stack unless I pay them. No way I'm paying 25x or more for 90% coins or 65% premiums for silver Eagles.

Ag @ $ 23.06 UP $ .58

Ag @$ 23.55 up $ .36

Ag @23.48.
Silver Eagles on sale at Hero Bullion for $9.99 over spot, any quantity.
I used to buy a lot at SD Bullion but have found Hero Bullion's prices are almost always lower.

I find the prognostications, predictions, divinations to be so annoying. So the early gains have been effectively zeroed-out because the PMI comes out higher than expected at a number that still reflects a bad indicator number below 50. These myriad of indicators and lower/higher/as expected guesstimates are relied on and are supposedly baked into markets even if they are consistently revised after the fact. So the PPI sucks less based on expectations. It still sucked. Regardless the day is young and silver remains north of $23 which will hopefully be a new resistance point.

"(Kitco News) Gold (and silver) edged down after the preliminary manufacturing and service-sector sentiment data release for March.

The flash U.S. manufacturing Purchasing Managers (PMI) Index for March advanced to 49.3, marking a five-month high, according to the report. The March number beat the market’s expectations of a reading of 47.0."

Ag @ $23.43 Up $ 0.24

This is a more palatable deal, 2023 silver Britannias for $3.99 over spot

Buy Gold & Silver Bullion Online | Free Shipping - JM Bullion

Deadmeat99 said:

This is a more palatable deal, 2023 silver Britannias for $3.99 over spot

Buy Gold & Silver Bullion Online | Free Shipping - JM Bullion

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Just came back from the local coin dealer. Picked up Silver Brittannias and Maple Leafs for $3.50 over spot, ASEs for $10 over spot.

Deadmeat99 said:

This is a more palatable deal, 2023 silver Britannias for $3.99 over spot

Buy Gold & Silver Bullion Online | Free Shipping - JM Bullion

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Brits are consistently among the most affordable, both silver and gold.

Ag @ $ 23.09 down $ .22

ASE premiums have been running +$12 which is crazy. Last year I picked up 500 of them at +$8 which I thought was high as a few years ago I got 380 of them at +$4 (silver was around $14 then also)

The mint isn’t releasing silver eagles to meet demand, makes me ask why and buy eagles.

Just remember it’s just the worthless FRN that you’re exchanging.

I believe the End Game is at hand.


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petergunn said:

Just remember it’s just the worthless FRN that you’re exchanging.

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It's funny, when I first starting buying PMs, I handed over my cash with some trepidation, like maybe I should be spending my money somewhere else. As I stacked more, I now gladly hand over the FRNs to get what I know is real money. I'm getting rid of cash, which I know is constantly losing its value.

petergunn said:

Just remember it’s just the worthless FRN that you’re exchanging.

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Obviously not so worthless if you can buy gold and silver with it, at roughly the same price it's been for years.

cowboy1964 said:

Obviously not so worthless if you can buy gold and silver with it, at roughly the same price it's been for years.

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I bought my first Eagles in 1999 for $160 a tube, has silver become more valuable or the dollar worth less?


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Ag @ $ 23.42 up $ .26