Why you should NOT buy TOO MUCH silver!!
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- čas přidán 23. 07. 2024
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Just started stacking the other day, so far one ounce lol.
It's a start - good job!
got to start somewhere!
Gabriel Christus I remember my first ounce. It was a Johnson Matthey silver bar.
Dave J Mine is a Sunshine mint 1 oz bar.
Better late than never! Get what you can now.
You guys can back up the truck all you want. Im loading the barge.
Sounds like a plan to me.
Too late, I’ve already started up the engine and am currently backing up the truck!! 😂😂😂😂😍😍😍
Well, it is OK to do if you have a big enough truck I suppose!
Backyard Bullion 😂😂😂😂😂😂🤓🤓
I.JUST.PURCHASED...50.OZ.OF.SILVER..FOR.769.00DOLLARS....ITS.SO.CHEAP...IT.MAKES.ME.LAUGH...
Bingo Boy Epic!!!!
nice!
It's taking a lot of restraint not to overspend this week in particular. Good topic and video as always.
Keep at it - it is always good to be restrained.
Ive been waiting 2 years to get into stacking and i think its the right time for me. Only got my 30 oz so far but ill probably buy again wether it goes up or down.
I started stacking in Oct of 2011, a little here, a lot there. Doesnt matter the price, I still buy and stack. Over time the cost averages.
Your goal should be at least 100 oz of silver, remember to purchase United States 90% currency, don't worry about numismatic or extra fine condition, just by dirty Old United States 90% currency because it will be recognized as 90% pure silver. Focus on pre-1964 dimes, quarters and half dollars such as Franklin's and Kennedy's, Walking liberty halves. That is fractional silver, it's very important to have a good amount of fractional denomination.
Very sensible as usual, nice video, looking forwad to silver mountain. Keep up the great work
Thanks my friend!
Very good info for a starter like myself. Thanks
I recently purchased a 50 ounce bar but I’m wondering if it’s going to be a hassle if I should just exchange it for a bunch of 1 ounce coins
Love your Video Makes Complete Sense Buying with Responsibility
Thank you for a sober and well thought out topic. Very well said. You bring up a very important concern.
What happens if you are forced to sell? I see a lot of comments on how people say “I’ll just hold on to my silver until the price goes up” There is the distinct possibility that it could be a very long time.
One needs to be wary of fellow you tubers telling you to “load the boat”… do they know you? Why are they so eager to help a poor stranger?
There are several good reasons to buy and hold silver. Some fool on the internet telling you to load the boat is not one of them.
There is always risk.
Good advice which can apply to all kinds of investments.
Yes indeed - thanks for stopping by!
This is a way better alternative to a savings account. The fact that you can get your silver out and admire it makes it even better.
I agree totally
Yep
Where should I be buying my silver? I'm currently going to local pawn shops seeing who has the best over spot price.
That is SWEET and a dream of mine to buy 100oz bar but I have to save up.
Thank you for sharing.
It is pretty amazing for sure!
I'm stilling buying silver, but not any more than I did a few months ago. I was lucky on my last order I waited a few days and saved a few dollars with the prices going down. I've grown to see stacking as a decent hedge against inflation. The more my humble stack grows the better I feel about what I'm doing. Though, my sights lately have been on fractional gold queens beasts. Thanks for the video friend keep up the good work, definitely excited for 2000 ounces lol.
Slow and steady is the way to do it. The 2000 oz is going to be insane.
What percentage above the spot price do you pay for this bullion? Coins seem to be at least 30% above spot price.
These bars were a premium because of UK Tax (VAT). We can buy from Europe (for the next 16 days anyway) at about 15% over spot.
Gorgeous gorgeous spread there. My heart is actually bursting! I bet that was fun to hold and play with (dont pretend you didnt have a proper private fondle).
In terms of the current price, I'm pretty sure Ill be ordering a tube of something next, which is a huge purchase for me. Im 50/50 between Britannias and Libertads though!
I love that table candy. But trust me it is going to get better - wait until next week.
Stacker Noob UK I say go for the libs 😁😁🤣🤣 but that's only because I love them but my sensible head says the brit's for the long term CGT
Well since Ive found the libs on the cheap, I might just have to!
I just turned 20 and don't have many expensive although my job isn't the highest paying I want to know where I can get the best prices online I have a few ounces but I want to really increase my stack at a good price
I just diverted the money I usually put into stocks into silver.
Evidently you feel it must be a good bet!
Bought gold and silver. Holding it for long long term. My grandma bought a bunch of gold back when it was dirt cheap. Now shes 90 and have a million left in gold
I am still watching the ad. but i am seeing alot of trucks backing up in the comment section should i skip the ad?
Yep, lots of people backing up the truck!
Where can you sell silver on spot When you need to sell it
ive backed up the truck with i mg of silver...and i cant blomming find it
Ok...not good I suppose!
Am I missing something here? In the video you said that you could have saved the guy £150 due to the price drop. But you seem to be in the UK where silver is sold plus VAT at 20% which would mean he could have bought the silver on the table much cheaper in the US (although not Baird bars).
He wanted Baird bars specifically.
Thanks for the reply ;-)
good info B.B. but I have no bars , maybe I should max out my card , maybe not hmmm.
It's very tempting I must say.
It is tempting, but I would suggest not maxing out a card!
NO!!! Pay off debt first. Buy food and weapons and water filtration. Then, go form there. Bug in? Bug out? Portable money=gold...
Subbed. New to stacking, love your pieces and great vids. Silver is really low, great time to buy and save.
Thanks for the sub my friend, appreciate you stopping by! If you fancy and hand poured silver just give a shout!
Buy buy buy. I'm just excited to go to first coin show next month.
I love going to coin shows!
I bought a few 2018 Kookaburras yesterday & a Queen's Red Dragon. Like the artwork.
They are both great designs in my opinion!
They are cool, but be careful cuz if time comes that we are using silver to buy things and such, the art work won’t matter. In the mean time they are collectible though.
I am very new and I can only buy a couple oz a week as I’m trying to kill my debt first. Up to 77 oz currently and it’s killing me because I just want to load up with the prices being good. I do not see going above 10oz bars though as I would like to stick with lower oz bars and rounds. Easier to break up in my opinion. What do you guys think
I think that having smaller denominations rather than one 100 oz bar is a good idea. Keep it so you can split it up if you need to.
Any coin and precious metal dealer worth their weight in salt Peter can cash in on a 100oz.bar. Besides your paying more for the smaller stuff.
I am a pensioner living in Europe,so I buy a little at a time like yourself. I will say that I can not speak about the USA but I find that bars once for ounce seem to cost more than generic coins. But at the moment 10 oz Queens beats from Euro Mint seems to be a good buy at the moment for me to purchase. Britain is a flat bust, over priced, and over taxed. Better buy in the UK is gold. Even in small amounts, Britannia's are the best.
Why there is a lot of price gap between bank silver and real physical silver. When I check the price for example market says it worth 100$ but when I want to buy same amount of silver like bars they say you need buy 200$. Why is that ?
Well, coins cost money to be made. So there is that. The cheapest silver would be on paper.
Backyard Bullion some bank say if you tell us before 15 or 20 days, we can delivery your silver physically but I’m not sure they want money or not
Love those matte finish silver bars, I'll be in touch soon BB
Sounds good buddy, I hope you had a great 4th July! I have updated my shop now so you can see a full rundown of everything we have for sale! backyardbullion.com/product-category/all-items/
Metals are definitely NOT for short term gain. For me they are a long term hedge against inflation and an economic safety net. Besides, it isn't low enough to back up the truck. 🚛
Couldn't have said it better myself.
Silver Bean Counter when is it low enough my truck is itchy
Too true! Free is when you back up the truck.
Coy Randolph that ain't gonna happen. The PMs don't go to zero.
Silver Bean Counter I Mining costs rise every year. These prices are insanely low.
Platinum is really low now so I might try some of that to diversify my stack.
It is very low indeed - but it might never recover as the main industrial use for it (automotive) is basically dead in the water.
And why would platinum be preferable to silver ?
It is also at a low and may outperform silver if you need to sell sooner. For example, I had a 1 oz. palladium coin I bought for $383 and was laid off two years later and silver was down considerably however palladium was double the amount and I was able to sell it for $780. Regardless, I never said platinum was preferable, however, diversification is preferable over one single metal.
How can I buy at spot??
How much silver can you carry when you must escape?
Nice video, bro 👍
Thanks!
It’s great insurance no one believes me all my friends family nobody.
Dont worry about what they think, as long as you are happy that is all that is good
Backyard Bullion Thanks!... that’s what I’m doing. My daughters know I’m right they have investigated it on their own, so that’s what matters too me.
I believe you. Think "Noah's Ark" 😲😲😲😲😲.
Ignore the naysayers. Those who are willing to take a risk will prevail.
Ask your family members if they'd rather stack a tangible asset like silver or fake paper money in a savings account that is constantly losing 2% of its value annually through inflation (although the bank will tell you it's earning .25% interest, lol)
I'm waiting for move till 10, but will buy maybe when it will be reaching under 13/ounce. If premiums will be high, I will add on vault, where the prices are closed to market prices.
I don't think it will go lower than 12 or 13. Only time will tell.
Just started stacking in Nov 2019 and I have 8.66 ounces of coins 5 *1 oz limited editions. Just 1g of gold. Plan to accumulate 1.5 oz every month like an SIP. Hoping this is a good strategy.
Nice, good way to think of it. Its a SIPP without the burden of not being able to touch it until you are 57!
I do have some disposable income and would like to own a big bar for the cool factor. How big do bars get?
I have seen 1000 oz bars before.
@@BackyardBullion - Thanks. I looked around and saw a 1028.6 ounce bar. That would make a good coffee table.
Yeah IM just gonna keep Buying and buying and buying a then use my spot price yet with all the companies so I was waiting for this Time of the big buys . Cheers B YB
Pleasure as always Billy!
Bought 68oz of New Zealand Owl's and Philharmonique's for just over 14€ an oz.
They are great little coins and great prices.
I have not bought silver for about 5 years, but now I buying every two weeks! Also when I sell some of my acreage next month, I may buy a few thousand ounces.
It is very cheap at the moment!
Means you are way down in the red.
keep in mind, there is a FINITE amount of land, and it almost never depreciates!!
Hey there :) I'm new to collecting silver for investment , may I ask where you buy your solve from?
I buy my silver from: www.europeanmint.com/
I agree with what you said only buy what you can afford, but if you have a little extra fiat to spend then go for it.
Completely agree - dont overspend!
Buy as a hedge with a possibility of doing pretty well. You can only lose 1-2 dollars or so per ounce and the mines would have to shut down. Bellow 13 or so? Its at 15 now. Looks like Ill go for the hedge.
I am hoping to get a bigger order on the next group order with you, I would LOVE to buy bars but the tax is a killer so I am planning on getting 10oz coins and maybe even a 1kg coin on next group order for my unboxing videos.
Good stuff - love it when someone buys kilo coins!
How does one get in on a group order?
The up side is great; the down side is low. Just don't over extend yourself so you have to sell before you want to.
First decide how much money you want to put into metals. If it's large like $50K you should consider gold instead of silver as it takes up less room to store and the purchase premiums are lower. While Baird and Geiger silver bars are cool to own they seem to have about a 10-20% premium over spot making them less desirable than the 2 oz queens beast series.
I agree totally.
Interesting to me the way you ask your question. I have often questioned this. Today we have apps that quote the going spot. If things revert to barter, what will govern value? The going rate at the fall? It would all come down to scarcity, surely.
It is an important thing to think about if you are investing in metals.
Sure feels good that everyone here is behind the curve. In the early 90’s Silver sold for $3.50 to $4.00 an ounce. At that time my P.M. Dealer didn’t charge a premium over spot. I went all in then and never looked back. Today my stack remains just as it had then without the Debt attached. It was apparent to me History would soon again repeat itself. This time the difference is Debt is well beyond the Stars in not just America but the World. In fact due to the Derivative Markets the true Debt is masked. Places like Chicago are borrowing 10 Billion in Bonds to cover a short fall in their Pension plans. People who have personal debt live in homes that are far beyond their means. Robbing Peter to Pay Paul is the game plan for 80% of American’s. Once this Derivative Market burns down it will create a Vacuum. Absorbing all Net worth across the spectrum of Markets. Yes that includes all Pensions, 401k’s, in which case the Banks will call in all paper. We are going to witness the complete absorption of any and all instruments of debt. The only remaining wealth will be true Wealth without debt attached. Take it from there and then do as you see fit.
Thanks for the info and insights, very interesting
what is inflation?
Sold 1/3of my 4-5$junk s. At26x face made remaining free .ibuy 20$ paper for silver monthly my lcs gives me incredible condition junk as he hates to send to melt.as do I. Also save small clad dollars at face always spendable not fed wallpaper.😎
Not everyone is in their 40s-50s so to say they are "behind the curve" isn't really a fair assessment. Heck, for a lot of people, if not a majority since most older folks are done investing, are currently in the apex of the lowest prices they have ever seen since they had the ability to buy.
My real question would be that if you bought at 3-4 for years in the 90s and early 2000s...why are you not filthy rich now after the 2011 peak? I mean even if you didn't catch the peak that would have still been almost a 10 fold return. Any investor would be ecstatic about a 1000% return over 10-15 years. Given the history of silver spikes, you are unlikely to see it spike like that again in your lifetime.
One question brother. The debt!! The dept to who exactly? Who is the specific organization or person loan the money to the world? Cannot just that particular organization forget about our debt to them and economy wont cripple for the sake of everyone. Why is it so hard to loan shark to make charity. Because they are rich.
Sound advice!
Thanks my friend!
Thank you it was good info I just bought 40 1 gram bars for 667 from jm bullion. I'm on your side about the coins being better
Why wait to buy ? The silver sellers will put a higher premium on the silver , when it goes lower than 14.50 $ , like they did in 2008 , if the price goes up quick , you missed the boat .
Dont buy too much is my message here. Only buy what you can afford.
BB That goes for everything , do not spent what you can not afford . Be smart with what you can afford and that is buying silver at these prices .
I've been stacking awhile and did take advantage of these slam downs. Anyone considering to get some..... it's a good time now.
I noticed the minted Baird bars are 9999, whereas the poured are 999. The RCM bars are all four 9's. Can you get them easily in the UK? They have quite a low premium here. I just bought two 10 ouncers for the lowest price that I have ever payed since I began stacking in 2013.
I don't know exactly - the 9999 stuff usually comes from bigger mints that can actually guarantee that purity
Unless you consider speculating in the collectors value - don't bother unless it's same price and requires exactly same afford to obtain - if selling to melt it's of absolutely no significance. Even for gold it doesn't mean a thing. Heck even Krugerrands and Eagles with their lower purity still has same trade value as purer coin.
Here's the thing, most people wait till it's dropped to buy at cost. But, if you really want to invest, you want to wait for it to shift up @ buy over cost and then when it hits a high point, a really good high point then sell and then you can double or tripple and then you start reinvesting, and i don't buy alot at a time or buying that much and i keep my portfolio at %100 at apmex. Cause your investing, not buying unless you do just want to buy and then what's the point unless you melt it down and plan on Armageddon
That is a pretty hard strategy to do - but can work.
I had that much in 72’ when I was 14 years old.
Good for you!
Can someone educate me on why silver is a good idea to spend money on at all other than like jewelry
Instead of adding a truckload of silver this month I’m investing in a little gold to diversify.
Good idea.
I would love to invest in silver, but unfortunately, I am a bit creeped out by it. All of my local coin dealers adamantly refuse to buy bars at spot, and in fact, want to charge me to have them melted down because they don't trust them. Seeing that the premium on coins amounts to as much as 25% of the cost of the silver, how can anyone expect to make money (or even preserve wealth) on silver without expecting a huge upswing in price to make up for the premium and the loss against spot? I only pay 2% on gold coins that everyone will accept, which seems much less risky / lossy. Am I missing something?
atari7001 only buy bars from a reputable source, not eBay...
Those are nice Baird bars. Seems nuts to pay 20% VAT when folks across the pond can get a much closer price to spot though.
i just max out my credit cards to buy silver
Living in the UK, I have an interest in buying some precious metals. I get that silver seems cheap right now - but it seems to sell for so much over spot. Between vat and a much larger % mark up than people sell gold, it seems I'd have to lose 30+% at the moment I buy. Have you any suggestions on how to reduce this?
Buy from a European dealer, I use www.europeanmint.com
You don't pay VAT as they are based in Estonia, and as we are all part of the European Union (for now) there is no import taxes or duties. You can get silver for about 15 - 20% over spot usually
@@BackyardBullion Thank you, that does reduce it a bit - though not by the 20% tax being avoided! After the postage it still is working out at 25% above spot for a single kilo bar. Is that a bad unit to buy? I realise it is for long term hedge against inflation, but that is such a big % loss upfront it at least feels hard to swallow. Perhaps I am looking at it wrong though!
Bars are taxed higher in the EU, look at coins, they will be closer to 15%
Also, use code TSFBYB50 to get 50% off shipping
@@BackyardBullion Thank you, that does bring down the % - if I buy in bulk. Subbed :)
I'd like to buy more because as I watch this video I am watching the price of silver creeping up. I have put myself into enough debit over other things and wish I could put those credit card payments into silver. But for now, I get what I can get. I will say, if I had more liquid assets I would be backing the truck up.
It is a good move only if you have the spare fiat to do it.
Hindsight. You are on the right path now. Similar for myself, purchases, do i really need it, better to think ahead for the future, which i want it to be better, more freedom in this world where freedom is vanishing fast with new laws and constraints. Financially free.
People waste shit loads of money on silliness. Going into debt for overseas holidays and a new car etc when the old one is good and you can have just as much fun having a holiday at home.
My silver Bullion dealer was charging $2.00 premium. Last week $2.06, now Aug, 27,2018 $2.30 an oz, Get the picture?
That silver dealers are out there to make money?
Backyard Bullion I know the point I'm making is the dealer is not going to lower the price below what they paid regardless of how low Silver Falls per ounce
They will eventually because they won't sell it otherwise.
Dealers here do the same, 5% on top of spot price to buy, 2% below to sell. Thats how they make their $
The more you buy they can lower the commission a little.
Your guarantee is it is pure and not some other alloy mixture.
What do you do for work? If you dont mind me asking?
I am a business consultant and life coach.
And in July 2019 the price is REALLY the right time :D !!
Hello!
Could you please explain how US buyer could possible benefit buying silver in UK with VAT and shipping it oversees instead buying in qty in US w/o VAT? Thanks!
It is because he could not find any of these baird and co bars on the second hand market in the US. The few that do come up over there often are as expensive, if not more than buying from the UK.
OK that would make sense if he wanted explicitly these 100oz bars? Is that the case? At what premium per oz you getting these bars if I may ask? I'm wondering if wouldn't he get more oz by simply buying generic bars in US for the same money + shipping? 20% VAT places a pretty burden in my opinion. Because later selling one loses 20% VAT or looking from other perspective one could get 20% more silver now. Thanks!
He did indeed want these specific bars and could not get them anywhere else. I would say the 100oz I was about to 25% premium including the VAT so not actually as bad as you think, but I agree the 20% of VAT is a killer. This guy is just a collector of different types of large bars, and sometimes as a collector you have to pay more. Ultimately though he's saving, for 30+ years and these premiums will disappear when silver prices generally grow over time. He knew what he was doing and happy to pay for them.
OK that makes sense now. Thanks for explaining.
I myself buying silver coins in Estonia - it's VAT free silver coins there. Live near Estonia (it's 1 days drive to and back from me) and time to time I drive in person to pick some silver up there. Otherwise I would never consider silver for it's VAT :(
You know me, if I can't afford it I don't buy it! Good morning my friend:)
A very wise strategy my friend.
I made my first purchase in over a year. Just 20 oz, if it goes lower I will be happy and buy more.
In Australia the opportunity to buy silver this cheaply has only occurred a handful of times in the past 10 years.
Silver could go a bit lower but it is hard to pick the bottom, my view is it is at a good price now.
Having said that if stock market continues as it has done then silver will need to double in price just to cover the opportunity cost of forgoing an active investment. So I won’t be keeping all my savings in precious metals.
The silver to gold ratio is far too high to consider gold instead of silver at the moment with a higher potential for large losses in gold.
*edited, 20 years to 10, typo*
Thanks for the comment - interesting insights
Backyard Bullion Thank you for the video sharing your thoughts.
I just stopped buying silver. Only because I feel like it might get lower than current price. Maybe even go down to $10. I just been picking up small amounts of gold. Two and a half gram ,5 gram' and 10 gram bars now. My silver stacking is currently at a pause. I even sold a couple of items that I didn't particularly care for too much on eBay.
Ya, if stocks start to crash, it may briefly send AG to around $10. I'm nibbling for new pickups at current prices. But, this may have been the low.
It could easily go lower for sure. Nobody knows. For me, I am buying all the way down the curve.
at this insane gold:silver ratio ?
Good luck.
@@adgasdggfg yes my stacking is currently on hold ,because I do believe that prices will get lower. And when they do I will do a bulk buy like I normally do. Now I'm very interested in buying rental properties at the moment.
Silver is great just a warning, when preserving silver coins and bars ammo boxes are airtight and excellent just make sure they are american made. The chinese are fine but they dont hold water out just a note. Also when preserving never use rubber bands when preserving the rubber residue makes a black line on silver and its very very hard to get off, rubber residue goes through airtight plastic as well never use rubber bands. Vacume sealers are awsome for long term usage and sticking in ammo boxes are best in my opinion. Thankyou and have a great morning all
Stack all and keep on the bell will ring one day!
Yes indeed!
ive bought almost half an oz of gold and also a tube of maples just because its so low atm ;)
Well i'm in for the long term in silver, 15-18 pr Oz is still cheap imho considered what's comming soon in regards to the whole financial situation world wide.
I agree 100%. What I hear is that the best thing to do is to buy what they call "junk silver". These are pre 1964 circulated coins either silver dollars, half dollars, quarters or dimes. Besides which, I believe nickels are worth more for the metal than $0.05. The problem is it's illegal to melt them down so you really might as well spend them well it's still worth a nickel. LOL.
Compared with any other commodity, silver is the most undervalued store of value. I used 'value' twice deliberately. Silver is also more readily available to anyone who has spare money in the bank. If you find gold a little bit out of reach, take comfort in the fact that it's most unlikely that silver will be disregarded as a precious metal. My personal opinion is that you should make your first choice of silver coin, in the denomination of your particular country. If you go into debt to acquire silver, you need to add the interest of that debt to the cost per oz of all the siver of your stack to get a true cost of your stack. If you begin to live amongst a hyperinflatiing economy, forget the calculations and feel a wash of self-satisfied smugness before you go to sleep.
Silver is still a risky bet - no sure fire way to earn a lot of money if any.
@@BackyardBullion I just see it as a way of storing something that has been produced from the energy of the past and not just from a promise of the energy from the future. I have a very strong feeling that Solar energy and viable storage systems will be the other side of the silver coin.
@@BackyardBullion when I have any significant currency if I don't buy something I might need, I'm likely to buy something I don't need. It's not about earning money.
harryzero 156 in
Nice bars
Thanks!
Prices go up and they go down....But hold it long enough and it will go up!
I'm more or less brand new to silver. I bought 180 1oz rounds @ $15.20 as a sort of hedge against disaster. I bought the poker chips like stackable rounds because this may be in my family's possession for 100 years or more. Regular coin type rounds might have save me a few dollars. I see silver as more of a hedge. I have far better investments.
There are indeed lots of better investments out there.
I have buildings insurance in case my walls fall down then again I live in a church so I have the man on my side. Lol.
Sounds like you are all sorted then!
The more it goes down the better ill buy more!
I'm just putting tube of eagles and finishing my britania set right now....the brits are not cheap...could buy 10 eagles for a bu 1997 britania.
Ouch, that is an expensive britannia!
A full britannia set on ebay right now wanting $800...and some 1997's for over $300.
Make a video on the best place to Sell your silver
No shit? Glad I found this out at the end of the year
Well, better late than never I guess!
It will defiantly go up. Mining cost is at break even , But it will never see gold prices , They will just increase production
I buy every 5th payday regardless of current price. If the price drops I just keep buying. I don’t ever plan on selling. But will trade for goods and services.
there are also a lot of people that buy silver because its beautifull so you can get the same money as what you buy it for it will only take a longer period to sell so if you sell take the time for it ;)
Right now silver is for the most part, below production cost of many miners. I have been buying since 2008 because nothing was fixed. You by silver and gold as a hedge against the debt, because THE DEBT will never be addressed...PERIOD. With that being said I now buy silver ONLY when it dips or is beat the hell down. I sleep well now. Just "stack and don't look back."
You have the same lookout as me - thanks for the comment!
"Great minds think alike." Keep up the good work.
Me, too!!
Great minds always think alike.
LOL, went into the pawn shop in my neighborhood. The brought out 2 tubes of the Queens beast dragon of wales 2 oz rounds. MINT. I asked how much. They said spot plus sales tax. LOL. They sell for $50 each. Im going back tomorrow to take them all.
Buy them all!
You wanna work out a trade on one of those tubes? It'll be like 307.40 plus shipping
Sadly I would have to pay an extra 20% tax when they were imported to the UK!
good luck getting it anywhere near 8 or 10 even if spot is below that, it does not behoove them to sell below 12
Why wouldn't you just buy the biggest bar you can? Saves on postage plus, larger bar = better price ..... is this not correct? Don't understand why refined bars are bought over un-refined bullion, is there a premium due to collectabillity?
Damn the poorly Australian dollar. Murphy is definitely having some fun at our expense.
When your truck is empty now was a great time to put silver into it.
Well I suppose so!
No one ever seems to remember that nearly 50% of Silver demand evaporated when digital photography took over. Photos including x-ray plates used to need silver. That's a lot of lost demand. Solar PV and Ethelene oxide are really the only potentially big new markets since then.
Yep, at these prices I'm loading up.
Good to hear.
whats the price?
Been stacking for 34 years, price does not concern me, as I have $3 silver and $43 silver. I have not been able to find a better way to save, and get away from FRNs.
I like the way they look. Better than buying new pair of jordans
Told you so.