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04-05-2025, 10:39 AM
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Anybody else buying the precious metal dip?
Silver is down over $2.00 since yesterday. Picked up a tube of silver buffaloes. If the silver price continues to drop on Monday
I have two firearms I can sell to pick up two more tubes. Buy the
dip. 
Last edited by mojave30cal; 04-05-2025 at 09:39 PM.
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04-05-2025, 11:57 AM
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A tube of silver buffaloes would be 20 1oz rounds.
To answer your question, yes.
At tommorow's coin show I'll be looking for constitutional 90% Franklin halves and 1964 Kennedy halves.
Silver spot price has dropped almost $5 in one week.
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04-05-2025, 01:06 PM
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Not a metals guy but…
With TEOTWAWKI and the predictions of inflation why is gold and silver, inflation hedges, going down?
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04-05-2025, 01:21 PM
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Quote:
Originally Posted by ladder13
why is gold and silver, inflation hedges, going down?
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Normally we (USA) are only concerned about what's going on in the U.S. Silver went up when stocks dropped as a hedge against inflation. Silver went down (or stable) went stocks rose.
NOW we have the entire planet's worries affecting silver prices. Falling metal prices and falling foreign stock markets.
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04-05-2025, 02:01 PM
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The trend will still be up, me thinks.
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04-05-2025, 02:05 PM
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Quote:
Originally Posted by ladder13
Not a metals guy but…
With TEOTWAWKI and the predictions of inflation why is gold and silver, inflation hedges, going down?
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Margin calls.
DEFINITION
A margin call is a broker’s demand that an investor who has borrowed money to buy securities must deposit more money or securities into their account so it’s brought up a minimum value.
They sell off some of their paper gold/silver contracts to come up with the money owed.
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04-05-2025, 08:03 PM
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Slumping stock market will encourage those investors to wait til it sinks, people panic and sell off and go to cash....too late. Buffett went to cash months ago. Greedy wall street pukes are waiting to capitalize on the drop, hold your gold and silver, buy if you can and wait. Just like your portfolio if you don't sell, you don't loose.
I feel for those that were getting ready for retirement...I saw it happen the last time prior to Covid, friends that were greedy and in short term high gains lost a third of their portfolio in the blink of an eye. However those with time on their hands and hung in there, got everything back they lost in maybe six years or more, they still lost any headway but breaking even is for the patient.
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04-05-2025, 08:52 PM
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Haven’t bought, but thinking about it.
Will probably place an online order before the Market opens Sunday PM.
Warren Who? He reportedly has 3500 Tons of Silver.
I don’t have quite that much!
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Last edited by THE PILGRIM; 04-05-2025 at 08:55 PM.
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04-05-2025, 09:25 PM
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US Veteran
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Yes , buy gold and silver
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04-06-2025, 06:33 AM
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Question if i may
I plan on it Monday.
My question is i usually buy from JM Bullion or SD bullion and the Advertised prices on Eagles and rounds today does not reflect the drop. am i thinking right?? The advertised price should reflect the dip on Monday, correct?
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04-06-2025, 08:55 AM
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Also a SD Customer.
The price right now is the Friday close.
The Market reopens this PM - no way to predict what will happen!
Also noticed pretty high premiums on one Ounce Rounds.
Their Silver Deal, right now?
Rolls of Silver Halves. $218.66. 79 Cents per Ounce over Spot.
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Last edited by THE PILGRIM; 04-06-2025 at 09:02 AM.
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04-06-2025, 09:01 AM
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Quote:
Originally Posted by mike4sigs
I plan on it Monday.
My question is i usually buy from JM Bullion or SD bullion and the Advertised prices on Eagles and rounds today does not reflect the drop. am i thinking right?? The advertised price should reflect the dip on Monday, correct?
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Dealer always wins.
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04-06-2025, 09:27 AM
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^^^ true, that's their business.
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04-06-2025, 10:03 AM
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Funny how sellers on Fb or CL set a price and when it’s still for sale after a drop they don’t lower their price.
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04-06-2025, 12:18 PM
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Quote:
Originally Posted by oldman10mm
At tommorow's coin show I'll be looking for constitutional 90% Franklin halves and 1964 Kennedy halves.
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Went, as planned, to the Fairview Park Ohio coin show. Acquired 4 rolls of the halves at $220 per roll.
Much silver being sold there because of the low spot price.
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04-06-2025, 12:53 PM
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Stocks are just back to their November 2024 levels........
May turn some of my cash stash into more silver.
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04-06-2025, 01:57 PM
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Quote:
Originally Posted by ladder13
Dealer always wins.
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Agreed. A business is in business to make money,
but i was thinking the advertised price will come down with the market
thanks for the replies
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04-06-2025, 02:24 PM
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Locally the shops charge "spot" price plus. Plus varies IIRC 1oz Silver Eagles are Spot +$7 at one shop.
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04-06-2025, 02:36 PM
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And when you sell, spot minus.  Great gig.
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04-06-2025, 03:06 PM
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Quote:
Originally Posted by BAM-BAM
Stocks are just back to their November 2024 levels........
May turn some of my cash stash into more silver.
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Or turn that cash into stocks. They’re on sale.
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04-06-2025, 07:45 PM
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Anyone thinking of buying gold might want to keep a close eye on the spot price. Currently down $58.00. How far will it go?
Silver is down over $1.00.
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Last edited by pawngal; 04-06-2025 at 11:01 PM.
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04-06-2025, 09:04 PM
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"mike4sigs"- shop around. Premiums will vary from online
dealer to online dealer. Check out "Hero Bullion" or "Monument
Metals".
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04-10-2025, 10:23 AM
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Another coin show (Cleveland Coin expo-Broadview Hghts) coming up Saturday. Silver spot not as low as it was last weekend but still very very low compared to 10 days ago. If it stays that way to Saturday, time to acquire more 90% halves.
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04-11-2025, 05:09 PM
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Silver closed today at 32.30, last Friday it closed at 29.47, should've bought more than I did at last Sunday's show. Still down from the recently 34.43. See what happens at tomorrow's show.
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04-12-2025, 01:48 PM
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Went to the show today, half dollar rolls, that were $220 last Sunday were $240 today
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