silver down $1.62 in four days

[cyberdan]

That is really hurting my bottom line. I know it will go back up but my total silver worth is down 50% from last year.

I guess that just means I can pay less now.

 

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[thurmownator]

That's right. As the saying goes, "buy low, sell high".

 

[Silver_Fox]

Don't tell the bidders on ebay. They are still buying like it is $20 per.

 

[BBcardsRI]

"Spot is not!" and "Don't trust the Comex!" both come to mind. =)

All commodities are taking a hit... PM's can't stay with them for too much longer. Wait till after the election, and the start of 09' at the longest to see the move.

~Dave

 

[TxTim]

There is a huge spread between spot and physical silver right now.
Apmex is selling it's cheapest silver (40% bags) at over $14/ troy oz.
90% is fetching over $16.
Strange times...

 

[Ju8vP3t]

I don't even see any 40% on Apmex

 

[TxTim]

I don't even see any 40% on Apmex

Look here:

http://www.apmex.com/Category/243/40_Silver_Coins_Rolls__Bags.aspx

Looks like $13.50 per oz now.

 

[Ju8vP3t]

Thanks TX....it shows sold out on the top 40