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Bedrock of the Community
United States
11894 Posts |
It's nice that melt values are up for 90% silver but it is well documented that no one is paying that at this time. The discount back of spot is 15%+ and there are plenty of sellers.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Moderator
 United States
188770 Posts |
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Moderator
United States
188770 Posts |
Quote:
it is well documented that no one is paying that at this time. Good thing I am not selling.  But give it time. When they get desperate for physical server, they will be buying.  |
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Valued Member
United States
455 Posts |
The gold to silver ratio is down to the high 60's (it was a 104 in April). May be a good time to trade some 90% for some gold? I did that a few years ago when the GSR hit 65. It worked out very well. Of course, you would need to find someone to do a fair trade. The one I did a few years ago was with a coin dealer at a coin show.
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Moderator
United States
188770 Posts |
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Valued Member
United States
455 Posts |
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The reverse has been happening... There is a good case for that when the GSR is high but not when its lower. Right now, you would only get 66 ozs of silver for an oz of gold. Back in April, you would have gotten 104 ozs of silver. Pretty amazing how quickly it changes. With the GSR being lower, you would only need to give up 66 ozs of your silver to get an oz of gold. Not too bad and a little tempting  Sorry, I got off topic here...time to get back! Edited by Kurrykid
12/11/2025 4:49 pm
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Moderator
United States
188770 Posts |
No problem, that is pretty much topic adjacent. |
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Pillar of the Community
United Kingdom
2133 Posts |
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Option two is to sell and use to pay down debt that is being charged higher interest. I sold a chunk of stuff and used the money to pay off my mortgage. However, it occurred to me later that that might not have been the optimal solution, because the pounds/dollars used for payments are worth less than the pounds/dollars lent to me at the start, whereas the silver doesn't change in composition. |
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Moderator
United States
188770 Posts |
That is why borrower's love inflation and the 30 year mortgage.
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Valued Member
United States
207 Posts |
most shops are heavy on silver too many sellers and not enough buyers so I have had some offers of 35.00 per silver dollar 90% and buying for 38.00 to 40.00 per dollar face value on junk silver so if there is any better prices let me know as silver is going up and in the short term there all sitting on too much silver rite now by Jan or Feb there will be a shortage as many will star buying and if silver goes above 70.00 the buying will short all the dealers and the premiums will go way up.
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Valued Member
United States
455 Posts |
I paid 40x at a coin show today. Unfortunately, I needed some Christmas presents and had to pony up. It's not a bad price based on today's spot which would be 44.3x. I essentially got it for $6.00 / oz below spot. However, I'm still not used to paying that much :-(
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Bedrock of the Community
United States
36770 Posts |
You got a good deal Kurrykid.
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Bedrock of the Community
United States
25283 Posts |
Kurrykid I fretted last year over how much I was paying for silver. But 1 year ago it was less than half of spot price today. In retrospect, your "overpayment" will have been a great deal in a month or two.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United Kingdom
2133 Posts |
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The gold to silver ratio is down to the high 60's (it was a 104 in April). Gemini states "The ratio has reached extreme high and low points during times of market stress or sudden changes in supply/demand: All-Time High (Recent History): Over 125:1 (reached in April 2020 during the peak of the initial COVID-19 panic, as investors flocked disproportionately to gold as a safe haven). Pre-Market Peaks: The ratio peaked at 98:1 in 1939 and around 97.5:1 in 1991. Recent Lows: The ratio fell to about 31:1 in 2011, and had historic lows closer to 16:1 in the 1960s/early 1970s. In summary, the ratio has ranged from as low as 2.5:1 in ancient times to over 125:1 in modern history, but the common 'historic average' that many modern analysts reference is often in the range of 50:1 to 70:1 since the gold standard ended." Edited by Pertinax
12/15/2025 1:21 pm
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Bedrock of the Community
United States
36770 Posts |
Majestic Silver posts that the current ratio of silver to gold coming out of the ground is 7:1.
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Replies: 842 / Views: 96,026 |
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Posted 12/11/2025 3:08 pm
