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What If Silver Drops To Under $11 An Ounce...

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halfabustisbetter
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 Posted 09/16/2008  09:12 am Show Profile   Bookmark this topic Add halfabustisbetter to your friends list Get a Link to this Message Number of Subscribers
...and nobody gets the memo?
xshift
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 Posted 09/16/2008  09:52 am  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
That's one of those "noise in the forest" questions...!
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mycrob
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 Posted 09/16/2008  09:52 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I was watching some silver buillion auctions last week on ebay go for $2-3/oz above spot for 200 or more ounce lots. I don't understand that- I guess people strongly feel 10.50/oz is too low right now.
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halfabustisbetter
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 Posted 09/16/2008  11:16 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
Dealers have basically 'shut up shop.' I called APMEX today to tell them that their 'silver rounds' link went to a page full of silver scrap 'shot,' and was told that they are 'all out' of silver rounds. I personally don't believe it, but that's what they said. It looks like ebay buyers are willing to pay well over spot, and BIN sellers aren't pricing anywhere near spot. This is very interesting.
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KurtS
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 Posted 09/16/2008  11:48 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Hmm...well, silver is $10.52 as I type this--perhaps dealers should have sold when it was $11?
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