Silver price has been 'relatively' stable for 7 weeks now, Sunday is the Fairview Park Ohio show, curious how the silver will be trading.
Anybody else buying the precious metal dip?
- Thread starter mojave30cal
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1/2 dollar rolls were quite a variance in pricing, 240, 250, 260 per roll. I picked up 2 rolls at the 240 price.
Collectable Guns and Silver Dollars,, gotta love it!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.
Na.......Paying a broker to buy...........Paying a broker to sell...........Not my rodeo.......
OP
Things are uncertain. Trump's tariff war with China, Ukraine attacking inside mother Russia destroying many bombers,
and the nuclear negotiations with Iran. Now we have a terrorist attack in Boulder, Colorado.
and the nuclear negotiations with Iran. Now we have a terrorist attack in Boulder, Colorado.
Doriangray6
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The only metals I collect and stash are brass and lead.
My thought also. Another factor is despite all the talk of efficiency, demanding a $5T increase in the debt ceiling sends a very poor message. It is clear there will be no spending cuts and run away deficits will continue.
And don't forget blued steel !The only metals I collect and stash are brass and lead.
$1.50 increase today to about $36, hasn't been that high since 2011.
Silver dropped enough that one of my friends looking for some Varget and 748 I'd been sitting on offered me 4 ounces for 4 pounds in order to avoid going to the bank for the cash. It was a win-win, hes been sitting on silver for years, same as I have with the powder. I offered him the powder at my friends and family price of $30 per pound, he countered with an ounce per pound knowing I like silver over cash anytime.
At Saturday's Cleveland Coin show, all the tables/dealers didn't want anything to do with buying silver bullion from the public.
Was that generic stuff or did they not want sovereign coins (eagles, maples, etc.) also?
90% dimes, quarters, halves, all forms of silver bullion including the Eagles not wanted. Morgan and Peace dollars (common dates) were being bought by tables. I know some of the dealers/tables, with the spot at a high spike they didn't more of something that wasn't selling. That high spike spot could drop as quickly as it rose is what they were thinking.
Collectable coins were selling well.
Collectable coins were selling well.
Silver spot up to $38.40 now, that puts 90% US coins at being worth 28X times face value.
Went to the Cleveland Coin show today. Got there at the 9am opening and very crowded. Many transactions occurring everywhere but wasn't paying attention if they were for silver bullion or collectable coins.
Went to the Cleveland Coin show today. Got there at the 9am opening and very crowded. Many transactions occurring everywhere but wasn't paying attention if they were for silver bullion or collectable coins.
OP
I understand a lot of coin shop owners are being inundated with 90% junk silver and can't sell them. So, they
are selling to wholesalers who are selling to refiners who are melting them down. Might cause a shortage o 90%
down the road.
are selling to wholesalers who are selling to refiners who are melting them down. Might cause a shortage o 90%
down the road.
Silver almost hit 40 today, then backed down.
Up to 40.60 today.
Almost hit 43 today.
I like that strategy for the long haul. Don't twitch for short term trends.
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