Are Gold and Silver gonna keep going down?

[ohsmily]

5 silver eagles today 100.oo

Not a great price. you paid about $4.50 premium per coin depending on what time of day you bought. That is a 30% markup! My goal is to pay 2.75 or less premium per am eagle. I am usually closer to 2.50 or less (look for promotions).

[ohsmily]

Yes, but do I have to be home to sign for it (take time off of work), or is it just insured and tracked, to be picked-up when I check mail in the locked mailbox-cluster?

(My post office is closed for pickups by the time I get off-work, if you miss the door-knocking.)

Depends on the seller. My stuff from provident gets left in mailbox. Jm bullion too. some sellers ship it in a manner that requires a signature and thus you have to pick it up from the PO if you miss it...u can go on a Saturday if you are busy.

[GW]

Mine just leave it on the porch.

[mindwip]

Same all orders have been left at the door.

[Cmpaycheck]

Prices will go up and they will go down. GOOD DAY!

[wpage]

Where?

Not a great price. you paid about $4.50 premium per coin depending on what time of day you bought. That is a 30% markup! My goal is to pay 2.75 or less premium per am eagle. I am usually closer to 2.50 or less (look for promotions).

So where are you buying...

[slo5oh]

Saturday my local guy was asking $11.50 for $1 face value of junk silver. That's only 15 cents over spot. He says gold is likely to drop around $1000 and silver will be $11 an oz.
of course I didn't see his crystal ball, so that's just his opinion.

[ohsmily]

So where are you buying...

Provident Metals, jm bullion, apmex, modern coin Mart, several others.

[antwon412]

I'd like to buy some silver bars. I'm poor so only have about $200 to spend. But you have to start somewhere. I collect pre '64 silver quarters. I used to trade them in for cash but now I save them.

Is there a good place near Castro Valley, CA that I could buy them for a fair price? I saw a couple places online selling the, for $18/bar.

Thanks.

[GW]

Provident sells "junk silver" dimes and quarters.

[kygen]

I'd like to buy some silver bars. I'm poor so only have about $200 to spend. But you have to start somewhere. I collect pre '64 silver quarters. I used to trade them in for cash but now I save them.

Is there a good place near Castro Valley, CA that I could buy them for a fair price? I saw a couple places online selling the, for $18/bar.

Thanks.

You can buy a 10 oz bar from jm bullion for like 75 cents over spot I believe, or something like that

[Spyguy]

You can buy a 10 oz bar from jm bullion for like 75 cents over spot I believe, or something like that

For someone who's poor and basically starting in PM's, I would not recommend blowing his entire budget on a single 10 oz bar. Presumably, he's buying silver for wealth preservation if there's a currency collapse or if SHTF. But what good will it do him to have a single 10 oz bar? If he needs to barter/trade, he only has one wad to blow. He's much better off starting with 1 oz rounds or bars, even though he will pay a slightly higher premium. But at least he can get about 10 individual pieces of silver for trading.

[wpage]

Like Pieces of 8

For someone who's poor and basically starting in PM's, I would not recommend blowing his entire budget on a single 10 oz bar. Presumably, he's buying silver for wealth preservation if there's a currency collapse or if SHTF. But what good will it do him to have a single 10 oz bar? If he needs to barter/trade, he only has one wad to blow. He's much better off starting with 1 oz rounds or bars, even though he will pay a slightly higher premium. But at least he can get about 10 individual pieces of silver for trading.

Agreed. Not only for new guy. In survival mode. The quest for essentials (bread, fuel, water,) will be bought with negotiable trade items. Cutting bar stock for essentials is cumbersome.

[colossians323]

Nice Avatar

[therealnickb]

Gold just broke 1150. Keep your powder dry bugs. That was a big support number.