Is Silver next?

[dieselrealtor]

busy morning;

 

[Magyars]

busy morning;

View attachment 290275

Gold too!

 

[DoggyDaddy]

Silver dropping big time today. Got some rounds in my cart at Monument waiting to pull the trigger.

 

[Blazer90]

SD bullion has special ends today buy a silver eagle at spot ! Only one coin allowed for this price. Got mine today along with other stuff.

 

[DoggyDaddy]

SD bullion has special ends today buy a silver eagle at spot ! Only one coin allowed for this price. Got mine today along with other stuff.

Just put one in my cart. $9.99 discount (to put it at spot), but $9.95 to ship it. Pass...

 

[nonobaddog]

SD bullion has special ends today buy a silver eagle at spot ! Only one coin allowed for this price. Got mine today along with other stuff.

Thank you, just ordered one.

 

[Ziggidy]

Just put one in my cart. $9.99 discount (to put it at spot), but $9.95 to ship it. Pass...

Did the same thing…..pass.

 

[DoggyDaddy]

Did the same thing…..pass.

I could see it if you were ordering enough other stuff to get free shipping, but not just for the single coin.

 

[blain]

I could see it if you were ordering enough other stuff to get free shipping, but not just for the single coin.

Oh yes, I've seen those promo headlines... Silver at Spot! Nice click bait, but a single coin doesn't get my blood going.
I guess SD has about as good a prices as the rest of them. From what I've seen, "low cost" rotates around between a handful of vendors. But like you said, IF you're buying there anyway, why not grab an Eagle at spot.

My thinking is that we're just at the beginning of August. I think we've got the rest of the month to see spot drift down.
I may be wrong, but summer usually isn't a friend of precious metals.
Maybe Jamie Dimon at JPM could hint as to what direction gold & silver are headed.

 

[Blazer90]

Jeeze tough crowd……just putting info out there.

 

[ancjr]

Jeeze tough crowd……just putting info out there.

 

[snorko]

I can't believe spot took the kind of dip it did and nobody posted. Were you all busy buying up bullion?

 

[DoggyDaddy]

I can't believe spot took the kind of dip it did and nobody posted. Were you all busy buying up bullion?

I bought 8 more rounds from Monument today @25.31 each. The ones I bought on 8/2 were $26.29.

 

[snorko]

I bought 8 more rounds from Monument today @25.31 each. The ones I bought on 8/2 were $26.29.

Nice. I got some Scottsdale Cowboy rounds from SD Bullion for $25.45. I had said I was done buying for the year and even intended to sell off a big chunk when (if) prices came up. But could not resist the dip.

 

[buckwacker]

Monument and another place or two have silver eagles on sale at around $5 over spot depending on quantity. Big discount on premiums for eagles. They're usually $8-10.

Seeing some decent premium discounts on lots of stuff, makes me think there's more downside.

 

[seeker1321]

silver's price has dipped the last two mornings, I missed it yesterday, but got a purchase in on the dip today. Only $.01 more per ounce then I got it for in early July.

 

[dieselrealtor]

Recovery from Friday;

 

[dieselrealtor]

another busy morning;

 

[DoggyDaddy]

another busy morning;

View attachment 295925

Gold is jumping too. Wonder what happened/got announced?

 

[rosejm]

Gold is jumping too. Wonder what happened/got announced?

July jobs report (fewer openings, lower quit rate) and consumer confidence report (down).

More to come, so it could be a bumpy ride for September.