The premium for silver these past couple years is ridiculous. I'll usually pay around $2/eagle over spot; now they're getting $10. I haven't made my 2021 or 22 purchases because of this. That's a big hill to climb if you ever want to exchange it.
I didnt pay that much but when i am anticipating economic & currency collapse and the value of gold & silver going up drastically, i find it a great way to unload worthless dollars for precious metals. I think ill come out ahead.
But when SHTF does it matter if it’s a silver “eagle” or one of the “on sale” coins/bars going for $26/oz including spot?(jmbullion fan here) I don’t get why people pay more for eagles or any higher priced silver than the cheapest .999 pure silver. No one will say “ohhhhhh that’s an Eagle here’s more” right? I stack least expensive. I know it’s not Q, although maybe with Gold and the Fed, but this could use sticky we have smart anons here. This is part of the great awakening.
That just shows how suppressed it really is, the premium reflects demand and shows the real price that they try to hide with spot like how they try to hide the true rate of inflation.
that mark-up that they call premium actually reflects the true price of silver. You do know that the spot is manipulated don't you? The bigger the premium, the larger the deception. Anyway you should at least pay for the minting, as insurance.
The premium for silver these past couple years is ridiculous. I'll usually pay around $2/eagle over spot; now they're getting $10. I haven't made my 2021 or 22 purchases because of this. That's a big hill to climb if you ever want to exchange it.
I didnt pay that much but when i am anticipating economic & currency collapse and the value of gold & silver going up drastically, i find it a great way to unload worthless dollars for precious metals. I think ill come out ahead.
Silver acts like a commodity. The price will tank with the coming recession.
Nah, the crash will lead to dollar beimg replaced. This system is not salvageable. Think big.
But when SHTF does it matter if it’s a silver “eagle” or one of the “on sale” coins/bars going for $26/oz including spot?(jmbullion fan here) I don’t get why people pay more for eagles or any higher priced silver than the cheapest .999 pure silver. No one will say “ohhhhhh that’s an Eagle here’s more” right? I stack least expensive. I know it’s not Q, although maybe with Gold and the Fed, but this could use sticky we have smart anons here. This is part of the great awakening.
Easier to trade eagles because it's a known entity. Also dealers will pay some premium over spot for eagles depending on the year.
Also: Eagles are the most forged bullion coin because they are so recognised.
Ya but melted it’s the same shit right?
That just shows how suppressed it really is, the premium reflects demand and shows the real price that they try to hide with spot like how they try to hide the true rate of inflation.
^this
Ys the Eagle premium is high. I've been getting nice new shiny silver rounds instead.
that mark-up that they call premium actually reflects the true price of silver. You do know that the spot is manipulated don't you? The bigger the premium, the larger the deception. Anyway you should at least pay for the minting, as insurance.