Silver Price - Coin Community Forum

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Author	Replies: 8 / Views: 1,712
cuzzx Valued Member United States 411 Posts	Posted 10/17/2014 1:54 pm someone please help me to get this through my thick skull. silver is around 13 bucks per ounce. so why is bulk silver starting at 24.00 per ounce. this is just hard for me to understand, if buyers and sellers are not going by the stock market why do we have it ? * Moved by Staff to a more appropriate forum. * to the PM section Report this Post to the Staff

scurry64 Pillar of the Community United States 900 Posts	Posted 10/17/2014 1:58 pm The current spot price for silver is ~$17.24 per troy ounce. You can buy 1 oz silver bars at any number of websites for ~$18.25. I agree that some places will sell silver for $24.00 per oz. if they can get away with it. If you do a little searching you find decent deals on silver bars and rounds. Report this Post to the Staff
The_Duke Pillar of the Community United States 1745 Posts	Posted 10/17/2014 1:58 pm Silver is at $17.23 right now... Not sure difference between silver and "bulk" silver. Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 10/17/2014 2:03 pm First ....not sure if you posting $13oz was a typo ... But right now "bullion desk" has silver at $17.27 As for price of bulk silver .... Not sure what type your buying. A Morgan bucket might be that high. 90% should be around $14.00 to $14.25. 1oz of 90% would be little over $18 ....at leat local to me. A silver round here ... You could buy ..around $18.75 Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 10/17/2014 4:12 pm Where does the stock market come in? Report this Post to the Staff
Foxwoods Man Pillar of the Community United States 4901 Posts	Posted 10/17/2014 4:17 pm Quote: someone please help me to get this through my thick skull. silver is around 13 bucks per ounce. so why is bulk silver starting at 24.00 per ounce. this is just hard for me to understand, if buyers and sellers are not going by the stock market why do we have it ? You are zero for three on those 3 thoughts. Silver is not 13 bucks per ounce, bulk silver is not "starting" at $24/ounce and why should either be related to the stock market? Report this Post to the Staff
smokeriderdon Pillar of the Community United States 3755 Posts	Posted 10/17/2014 9:05 pm Yeah, this one kind of confused me. APMEX at 17.30 Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 10/18/2014 03:20 am Anyone else ever throw the 40's back? When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 10/23/2014 10:52 pm Never throw silver back! (as well as the 35% nickel) Report this Post to the Staff
	Replies: 8 / Views: 1,712

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