Loretta Van Riet
Trying to hang out with the cool kids.
Gold $1246.20 Silver $15.93
Compared to June 1st Gold $1295.60 Silver $16.30
I'm excited!
Compared to June 1st Gold $1295.60 Silver $16.30
I'm excited!
ECON Gold/Silver
- Thread starter Loretta Van Riet
- Start date
NoMoreLibs
Kill Commie's, Every Single One Of Them!
Yeah, but the premiums just go up. It would be nice if they, the dealers, stuck to one'ish percentage of spot, but no, spot goes lower, premium goes up. My key indicator are 1/10th oz GAE's. Always within a few bucks of 150 no matter the price.
And moose pasture is still cheap … http://www.321gold.com/
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Doc1
Has No Life - Lives on TB
This phenomenon is only going to increase as the artificial suppression becomes more widely understood. I expect real, physical gold - that you can hold in your hand - to experience increased premiums against "paper" gold and the bankster's spot prices.
Best regards
Doc
https://www.youtube.com/watch?time_continue=20&v=JcZwJV1I6qw
Amazing Discovery From The Shipwreck That Keeps Giving: SS Central America Finds
RT 10:38
Published on Jun 27, 2018
Please note - I am not suggesting anyone here buy these coins currently unless you shop in the aftermarket once the initial hype dies down, unless you just cannot resist.
Amazing Discovery From The Shipwreck That Keeps Giving: SS Central America Finds
RT 10:38
Published on Jun 27, 2018
Please note - I am not suggesting anyone here buy these coins currently unless you shop in the aftermarket once the initial hype dies down, unless you just cannot resist.
Suzieq
Veteran Member
I am very disappointed in silver. The market has been control and keep down by the elite. They have drove it into the ground and don't know, if it will ever climb back up where it needs to be, to show true value.
Last August I was talking with a guy selling jewelry/coins/gold.
He told me that a 1 ounce Krugerrand actually carried an "in hand" premium of approximately $600 over spot price.
Anyone out there dealing with gold able to verify this?
Spot close today was $1238.60. No way can I see a 50% premium on a Krand at present - even an Eagle at retail is nothing close to that.
ETA - APMEX is offering (today) to buy at $1233.40 and sell at $1286.39 cash for singles. See https://www.apmex.com/category/10500/other-popular-gold-world-mints/all
ETA - APMEX is offering (today) to buy at $1233.40 and sell at $1286.39 cash for singles. See https://www.apmex.com/category/10500/other-popular-gold-world-mints/all
hiwall
Has No Life - Lives on TB
You can buy them on ebay right now for $1307 - roughly $80 over spot.
That is a far cry from $600 but still sizeable.
Not familiar with ebay.
How does physical Krugerrand get from person A to person B?
Great Northwet
Veteran Member
Chinese are slowly devaluing the Yuan-Currently 6.70. The threat of tariffs are causing it. If I was China i would do the same thing-make my products more attractive at a cheaper price. It's basically a chess game in international trade.
I use to think that Silver below $16 was an obvious buy signal, now I don't think so. just let it drop before even thinking of buying in.
I use to think that Silver below $16 was an obvious buy signal, now I don't think so. just let it drop before even thinking of buying in.
imaginative
keep your eye on the ball
Catching a falling knife.....
You will do far better, imo, to put that $ into a DJIA index fund during the PDJT presidency.
kytom
escapee from reality
premium has gone way down. only 20 dollars on this site. sometimes ebay has deals with no premiums.
https://www.jmbullion.com/1-oz-gold-coin-vymc/
hiwall
Has No Life - Lives on TB
These are large bullion dealers selling on ebay. You pay and they mail it to you. With free shipping. You will never buy physical gold for spot price.
Doc1
Has No Life - Lives on TB
Vestige, there's no way that Krugs are are getting a $600 premium over spot. In fact, Krugerrands are one of the least expensive bullion coins. I have sometimes been able to buy them at spot price. The retail gold market is unusual in that most of the buying public seems to only become interested when the prices are high and going higher. When the prices are low - and therefor represent better value - the public tends to snooze.
Best regards
Doc
Best regards
Doc