I like the look, but the price? Mehhhh

in steemsilvergold •  7 years ago  (edited)

Hello my #steemsilvergold bugs.

SO TODAY, silver is as usual DOWN. Now just because it has been in a manipulated bear market doesn’t mean i don’t love the stuff. It also doesn’t mean my stacking days are over.

I caught this at the post office and was tempted.. but then I saw the retail price tag. Obviously there must be buyers at these prices!

89EBD503-9FDD-4D04-802D-A7C0082E4AE1.jpeg

Your thoughts? I worthy acquisition.. but not at the currency spot valuation. At least it confirms to me that there are still many buyers for the silver stuff!

71B3569F-EA61-41F7-A67A-015026E51CD9.jpeg

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  ·  7 years ago (edited)

The Local Coin Shop, in my neighborhood, has some really cool stuff, for $2 -
$4 over spot. Good place to buy, but not to sell.

Keep stacking. Wait for the wotsits to hit the fan. This nonsense can't go on forever. Then there will be a huge naked short on silver. They just don't have the silver to cover all the paper crap.

yah been waiting close to 10 years now :) the manipulation must go on!

USD is a huge bubble. If someone offered you $12 or a 1oz silver round - which would you take? (Personally, I'd say, how many you got?). The premium is ridiculous but rightly so, it isn't there to cover that paper price. Nor is it in the ground. Our day will come. Until then, they look nice.