Hardly a larp, I've seen premiums on many products surge over the last few weeks on all sorts of products. Does no good if you can only buy silver at 5+ dollars of premium over spot. American Silver Eagles are well into 10+ dollar premiums. Does no good to point at the paper market when the physical market is clearly being squeezed right now.
Silver eagles have always had huge premiums...!? Lmaooo...just lol if you even think about buying silver eagles just reinforces my point try looking at investor quantities and not doomsday prepper and weird old people coin collecting variants not to mention 5$ premium is not that bad depending on mint and quantity. How exactly do you think dealers make a profit again...!? Hence why I say it’s a larp and if you know you know. Sold some silver when it hit 30 and made a 60% return in around 1 year even and paid 5$ premiums on 9fine mint mark bars.
I paid 1.50 over spot 10 years ago, Eric Sprott just bought a 30 Million in the PSLV fund. I would go on, but you obviously did not read the link, so SELL, SELL, SELL! It won't be hard right now.
“10 years ago” becuase things don’t change I guess like the strength or weakness of the currency used to purchase said asset. As I would expect you to know that is not uncommon most funds specifically retirment funds and 401ks or even hedge funds have certain allocations in their portfolio almost all of them include paper silver mostly retirment and 401k accounts for obvious reasons and hedges funds usually paper or pslv too. Waiting to buy, I don’t try an catch falling knives I wait for them to drop and then I pick them up I’d be buying rn at the price I sold months ago would be stupid especially if it dropped would be dollar cost averaging down to save my ass and make any money or I’d be bag holding for a long time like a fool.
You are contradicting yourself. The USD had trillions pumped out last year, and trillions more about to flood the economy. These are inflation levels unheard of in the US market. Would not therefore the price of physical silver at least maintain its price relative to the USD, being a fixed value asset?
Hardly a larp, I've seen premiums on many products surge over the last few weeks on all sorts of products. Does no good if you can only buy silver at 5+ dollars of premium over spot. American Silver Eagles are well into 10+ dollar premiums. Does no good to point at the paper market when the physical market is clearly being squeezed right now.
Silver eagles have always had huge premiums...!? Lmaooo...just lol if you even think about buying silver eagles just reinforces my point try looking at investor quantities and not doomsday prepper and weird old people coin collecting variants not to mention 5$ premium is not that bad depending on mint and quantity. How exactly do you think dealers make a profit again...!? Hence why I say it’s a larp and if you know you know. Sold some silver when it hit 30 and made a 60% return in around 1 year even and paid 5$ premiums on 9fine mint mark bars.
I paid 1.50 over spot 10 years ago, Eric Sprott just bought a 30 Million in the PSLV fund. I would go on, but you obviously did not read the link, so SELL, SELL, SELL! It won't be hard right now.
“10 years ago” becuase things don’t change I guess like the strength or weakness of the currency used to purchase said asset. As I would expect you to know that is not uncommon most funds specifically retirment funds and 401ks or even hedge funds have certain allocations in their portfolio almost all of them include paper silver mostly retirment and 401k accounts for obvious reasons and hedges funds usually paper or pslv too. Waiting to buy, I don’t try an catch falling knives I wait for them to drop and then I pick them up I’d be buying rn at the price I sold months ago would be stupid especially if it dropped would be dollar cost averaging down to save my ass and make any money or I’d be bag holding for a long time like a fool.
You are contradicting yourself. The USD had trillions pumped out last year, and trillions more about to flood the economy. These are inflation levels unheard of in the US market. Would not therefore the price of physical silver at least maintain its price relative to the USD, being a fixed value asset?