SILVER SPOT PRICE (OCT 31,2022) - The Great Awakening

SILVER SPOT PRICE (OCT 31,2022) (media.greatawakening.win)

posted 2 years ago by Acts2 2 years ago by Acts2 +28 / -1

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– davidw221 1 point 2 years ago +1 / -0

I've been buying 99.9% silver dollar rounds for 2 years now, when I first started buying the rounds the price was around $31 and some change, the price of silver went up to the price of $28 per troy ounce, now the price is silver is as read above but the price of U,S, silver round dollars is at $40 almost a 25% increase in value, WHY? I know when SHTF, my silver rounds will give me purchasing power over the note, are the dealers ripping us off knowing whats to come?

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– Acts2 [S] 1 point 2 years ago +1 / -0

The amount over the spot price (price of silver per oz) is the premium that the dealers are charging. Silver eagles have an appox 80 - 90% premium charge. Not sure what is going on with the mint/silver eagles but basically its about supply and demand. Other silver products do not carry that high of a premium but it is higher than it use to be. Buy only from reputable dealers

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– Greatheart 1 point 2 years ago +1 / -0

You are paying for the silver and then you are paying extra for the "round". Why would anybody take silver ore and melt it into silver rounds if they could not make a profit?

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