jim4silver
Silver Member
- Apr 15, 2008
- 3,662
- 495
As silver is gaining today quite a bit in light of recent price action, I noticed that the local coin dealers are not lowering the premiums at all. It would be kind of weird if the silver price got back to "normal" (say in the $30-$33 range or so) but the premiums charged stayed high like they are now. I don't personally see that happening but it would hurt those not buying now who are waiting for either lower prices or lower premiums.
Wish I had some more $$$ to spend now but I have used my dry powder for now. I just gotta stay away from my "cash reserves" that I am saving for a rainy day (which I never had before when I was all in so to speak).
Jim
Wish I had some more $$$ to spend now but I have used my dry powder for now. I just gotta stay away from my "cash reserves" that I am saving for a rainy day (which I never had before when I was all in so to speak).
Jim