Wouldn't a bump in the rate bump silver?Poor jobs report has some speculating the Fed won't bump the rate next week?
I was ready to buy some and it spiked about a dollar overnight. I decided to hold off to see what happens.
Agreed. One of he things I like to track is the solver/gold ratio using Eagles, Britannias, and Maple Leafs. Here is todayWhat the heck kind of sense does that make?
6/9/2023 | Maple Leaf | Britannia | Eagle | Spot Ag/Au |
Silver | $ 28.61 | $ 29.01 | $ 37.46 | $ 24.36 |
Gold | $2,065.70 | $ 2,053.70 | $ 2,092.70 | $ 1,962.70 |
Ratio | 72:1 | 71:1 | 56:1 | 81:1 |
Demand?Silver Eagles going for 55% over spot.
Gold Eagles going for 5.2% over spot.
What the heck kind of sense does that make?
Was it the buffalos? They just took the promo off while they were in my cart. Looks like the philharmonics are the cheapest option now. Cheaper even than rounds.Silver down today. I bought eight 1 oz. rounds from Monument, but I jumped a little early.
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That happened to me too, so I got the Iwo Jima Memorial rounds.Was it the buffalos? They just took the promo off while they were in my cart. Looks like the philharmonics are the cheapest option now. Cheaper even than rounds.
I got one of those and some philharmonics. They were the exact same price as the iwo jimas. I pulled the trigger late last night when spot dropped under $23.50That happened to me too, so I got the Iwo Jima Memorial rounds.
All time new low or just a low over the next few months?Prices down this morning. Monument has maples, phils, and buffalos on sale. How low will they go?!
How does that make sense?All time new low or just a low over the next few months?
Just awareness that spot prices are dropping today. Silver down 1$ and gold down about $30. Something to keep an eye on as it could be a buying opportunity paired with some of the sales. reduced premiums plus lower spot= chance to get some good deals.All time new low or just a low over the next few months?
Well, an all time low probably would be lower than a low over the next few months.How does that make sense?
Well, an all time low probably would be lower than a low over the next few months.
Remember, the question was "How low will they go?"
"All time new low or just a low over the next few months?"