silvergoldbull.com shows silver spot price at 21.06
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Official ODT Silver Thread
- Thread starter roscoe1911
- Start date
bought 20 silver rounds from Socttsdale yesterday....$535....a little above $5 over spot....I guess what I'm say'n is that I would not trade at $2 over spot, however someone might want to....IF you have the energy, and the ability to put up with eBay.....you can get way above $2 over spot, even after all the bs fee's....BUT some may not choose to got that route....eBay sux
You want make me an offer?
As with any prices on ODT, posted price is a start of the negotiations.
Not all of a us are getting into the silver just now..
This what you used to be able to get from online retailers, on sale, a few years ago, when paper and physical prices were closer to each other. 59 cents over spot, with free shipping. Now I am going to cry in my beer.
PS and 90% junk silver used to be only 29 cents over spot. $10.98 for $1 of face value, for example. Now it is $25+ for $1 FV
As with any prices on ODT, posted price is a start of the negotiations.
Not all of a us are getting into the silver just now..
This what you used to be able to get from online retailers, on sale, a few years ago, when paper and physical prices were closer to each other. 59 cents over spot, with free shipping. Now I am going to cry in my beer.
| $ 14.72 | $ 0.59 |
PS and 90% junk silver used to be only 29 cents over spot. $10.98 for $1 of face value, for example. Now it is $25+ for $1 FV
Kilo bars about 2.50 over spot today if you shop around you can find a deal.
I have a set of 1954 Sugar Bowl Silver wear. Knives, forks, serving trays, giant punch bowls, etc. I have no idea what to do with it, sell it for scrap? It means nothing to me, and I have no one to pass it down to. I'm open to suggestions on what to do with this stuff.
This may be a dumb question. How is money made in silver? Seems like you buy for a few dollars over spot and sell a few dollars under. Looks like it has to move a lot to make a difference.
Kinda like the stock market it is a long term project. The silver I bought in 2015 has doubled in value, holding paper money is a losing proposition.
I don’t think people in general buy PM to make money, or as an investment per se. It is a vessel to retain value over time more or less, instead of watching it be devalued daily like the dollar. I could be totally wrong though as I only own one silver coin that was given to me by a member in the board. I need to sit down with someone one day to learn more about it.
Time. You have to be patient.
You never sell below spot, unless you have to have cash. I have come across some of those deals before, but they are rare.
PMs preserve purchasing value, they are a store of assets.
I believe that 3 digit silver is only a couple of years away.
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