budsmoker87
New Member
silver at $18.90 lol
you all must be so pleased
you all must be so pleased
Silver! Who Is On This Train?
- Thread starter NoDrama
- Start date
I'm buying weekly... I might not be buying as much as before but I'm consistently buying a little here and there - what are you doing in the market?
Actually, yes, opportunity to buy cheaper... $18.90 isn't reality. That's the paper price... To hold silver, the spread is about $23-26.
Haha, if that happens - and that's a big "if"... it'll only be done to clear out the suckers and steal their cash.^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^wait for it, i read a rumor,,,,this one i love, 700 a oz for gold before the year is out.silver will follow.
Johnny Retro
Well-Known Member
So when I buy a July silver future at 18.90 and take delivery at the end of the month, that is not reality? lol
Have fun buying spot from a dealer who got his ass handed to him and is making you pay a premium to make up for his loses.
Johnny Retro
Well-Known Member
Also, whoever your dealer is quoting you a 3 dollar spread is ripping the fuck outta you in addition to such a ridiculous premium.
You don't have nothing but paper... So no, that isn't reality. Manipulation of the market by JP Morgan is doing nothing but spreading the physical price and the spot price.
But keep buying your paper. It's just a manipulation game. Texas wanted their silver but guess what? Denied... Same with Germany. Your paper illusion might work ok for you now but it wont be that way forever.
Okay.. Then sell me some physical - I'll pay u $18.90/ounce... Give me your PayPal... I'll buy an ounce and if all goes well, I'll buy 100 ounces more - at spot.
Waiting for your PayPal... So what's the deal? Are you all mouth? Sell me a lousy ounce at spot. Or do you just like to run your pie-hole on the internet?
dannyboy602
Well-Known Member
i pay very little over spot for silver. I have an excellent relationship w my dealer. I use him exclusively and he makes plenty off me. Shit I even did a landscape plan for his new property and he paid me in silver. Naturally I jacked the price up to account for the falling market but he went for it anyway.
dannyboy602
Well-Known Member
I sock it away for my retirement. I can't see this fiat fiasco lasting another ten years. Then its goodbye Philly...hello Belize...two Belize dollars for every one American dollar. ..three BR apartment for $200/month...I'll paint water colors of native life and sell them to tourists. I'm also thinking about starting up a tee shirt shop in the harbor where the cruise ships all dock. Perfect climant. No drama. And thankfully no hurricanes.
Johnny Retro
Well-Known Member
This proves you have no idea what a silver future is, thus you have no idea what "paper" is. When I buy a silver future today at 18.90 and take delivery, I am taking delivery on PHYSCIAL silver.
Johnny Retro
Well-Known Member
What are you talking about? You want me to be your silver dealer? Try not to be so salty, I'm trying to help you here.
ClaytonBigsby
Well-Known Member
Where do you buy your gold and silver (actual, not paper)? How much do they charge over the going rate?
dannyboy602
Well-Known Member
used to be bullion direct on line. Good prices, expensive shipping.
Now I go to place right next door to the Lansdowne Theatre is on Lansdowne ave.
edit: 1% over spot as a rule
Balzac89
Undercover Mod
Local shosp that sell junk silver. I've been going more online lately. I wish I didn't have to.
Balzac89
Undercover Mod
That is a hell of a rate. I pay closer to 4-5%
ClaytonBigsby
Well-Known Member
4-5% seems a little rude