Crumbling Silvers Prices .

At the current high ratio, you could trade gold for silver, and then trade back when it gets low enough. The trick is to do that at minimum transaction cost. You should be able to keep accumulating more metal this way without spending dollars.

I wish I had bought more silver during the recent dip, but I had already bought some slightly earlier, when it was a little over $15 an ounce. I got a lot of junk silver, plus some US Mint silver dollar commemoratives.

With the ratio this extreme, I think it becomes more likely that it will go down rather than go up more than a little.

Physical silver is a lousy investment, at least it has been, for the last seven years. I don't look at it as an investment, but a hedge.
Physical silver's value does not rise and fall, it remains constant. It's measurement of value, the dollar, is what rises and falls.

For those that play the paper game, more power to you.

The latest silver institute report is not bringing good news for silver either. I thought I heard that numismatic prices have softened up some. GSR dropped below 90 last week. I heard silver premiums were soft, I wonder if that changed when we went from about 15 to about 16 in a matter of three days. Maybe we hit 17 or who knows this year. Another interesting silver tidbit, India outpaced the U.S. in coin/bar demand last year, first time ever?, if they bought most of it latter part of the year they totally bought the dip.

@Pauldog - it might vary, but there is no way they can beat the online vendors here locally, at about 60 cents on the dollar. Same with buy prices, I haven't found any local shows or dealers that can match online vendors in buy/sell.

A lot of people selling between $15-$17 to take profits on the run-up in price. No one ever went broke taking profits ... nice trade.

I'm liking what I see . Aug.27,2019 4:28PM $18.15 an once .

Hi all - interesting thread and it got me thinking:

I have a box of circulated world silver that I might sell. But I don't know the best way. The silver content is all over the place so I can't bring it to the LCS like I would with US 90% coins. These coins aren't worth listing individually - most are only worth a couple bucks each (circulated, world silver). I have a spreadsheet that I made for my amusement so I know what I have, but again, there's no million-dollar coins in this box. Any advice?

Excellent idea . Self the whole thing as a job lot for one price or offer bidding . List brief description on the coins with Aerage silver content , dates and grades .