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33
Onvacation
2022 Jul 16, 10:16pm
Onvacation
2022 Jul 16, 10:16pm
Cash says
What do you suppose the premium will be if you want to buy coin?
the buying price for Silver eagles is currently Spot plus $10+, Maples $7+, and generic rounds $5+. Even 100 ounce bars are going for $3+ over spot. What does spot even mean anymore?
I suspect the spot price will eventually go down to near zero with a huge premium if you actually want to own metal.
I see spot anywhere
between 15.5 and 13
What do you suppose the premium will be if you want to buy coin?
the buying price for Silver eagles is currently Spot plus $10+, Maples $7+, and generic rounds $5+. Even 100 ounce bars are going for $3+ over spot. What does spot even mean anymore?
I suspect the spot price will eventually go down to near zero with a huge premium if you actually want to own metal.
34
NuttBoxer
2022 Jul 17, 9:01pm
NuttBoxer
2022 Jul 17, 9:01pm
Onvacation says
Actually the opposite. Premiums always disappear as prices rise. This is because eventually no one gives a shit which coin it is, as long as they can get their hands on some gold or silver. So go for whatever gives you the most ounces now.
I suspect the spot price will eventually go down to near zero with a huge premium if you actually want to own metal.
Actually the opposite. Premiums always disappear as prices rise. This is because eventually no one gives a shit which coin it is, as long as they can get their hands on some gold or silver. So go for whatever gives you the most ounces now.
Recession fears
Recently falling stock market
Skyrocketing mortgage rates
Disaster in crypto
Why is GLD falling?