PMs are getting clobbered today.

Twitch

Silver Member
Feb 1, 2010
2,877
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Missouri
I'd love to see it hit ~$6. I'd feel stupid for some of the buys i've made in the last year or so, but I'l be loading the wagon!
 

OP
OP
FreedomUIC

FreedomUIC

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Jan 4, 2010
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I'd love to see it hit ~$6. I'd feel stupid for some of the buys i've made in the last year or so, but I'l be loading the wagon!

You will never find silver at that price. The dealers will lock it in their safes not take it out until it goes back up!

Silver and Gold are getting hammered right now. I think $18.00 dollar silver is possible this week.
 

CoinFetcher

Bronze Member
Apr 29, 2012
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Big Hit today - Interesting! What's going on??
 

jim4silver

Silver Member
Apr 15, 2008
3,662
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Big Hit today - Interesting! What's going on??

I guess they gotta keep the dollar supported. The dollar cannot even hold over 80 and has been at the lower end of its range for quite some time, yet silver and gold keep getting smacked down. Hmmm... I wonder why that is. Supposedly India is going to have some new politician(s) taking over that will undue the excessive gold duty taxes, etc, which should give the prices a boost.

I bought some yesterday and might grab a bit more tomorrow. Good price level and premiums are the lowest I have seen in YEARS. I paid 75 cents over spot for some nice but secondhand 10 oz NTR bars.

Jim
 

str8flexed

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Dec 28, 2013
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Evansville, Indiana
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Should have bought this morning, as now prices have gone up a bit.. :censored:
 

Marchas45

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Mar 22, 2009
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Lucky me, I bought (15) 1/10 gold AE's this morning.
By the way this may have been what happened this morning. Keep Stacking
Seen this on Turds site:


Le Metropole Members,
>
> Received a call from our STALKER source this morning,
> which is first. See MIDAS later, but the essence was
> that the famed London trader bought his entire silver
> position at $18.92. The price was $19.08 when the
> call came in to me. Within a half hour the price of
> silver had risen $1 off its early low and is last
> at $19.70.
 

jim4silver

Silver Member
Apr 15, 2008
3,662
495
It's already that way around my area. I went by my local shop last week and they told me exactly that.



The local stores here have lots and the premiums are lower than in a long time. I don't think there is much demand locally for PM's right now with the price staying low.

Jim
 

crhstreetwalker

Hero Member
Apr 27, 2012
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How much longer can these low prices last? I think it's getting ridiculous at this point.
 

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