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DudeDave
Reputation Activity
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DudeDave reacted to CollectorNo1 in Silver squeeze
So many different views,opinions...me, I'm in it long term so spot prices do not make me worry one way or another...premiums on the other hand are out of all our control... I believe Silver and Gold will rise significantly in the next few years,especially Silver..so am content to buy as much as I can and hope for a decent return...after all precious metals aren't an investment but a savings account in my opinion.
Cn1
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DudeDave reacted to DuaneL in Silver squeeze
supposably since the squeeze started in Feb it has drained over 37 million ounces from the comex and lowered demand for paper silver (according to a write up on Seekingalpha), but at the cost of increasing premiums and reducing availability of physical silver, so seems the real winners are the dealers who could justify raising premiums while at the same time moving stock quickly. Right now if I could afford spending another $2616 +$450 USD in premiums (which is what it would cost me locally) on a 100 oz of silver I would rather buy gold (though I have bought 62 oz of silver since Feb.)
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DudeDave reacted to Mmpatriot in SILVER DEALS - (USA & Canada) See a deal, post it here
JMBullion has the 10 oz Queens Beast White Horse coin in stock today. With today’s dip in the spot price, it can be had for just under $320 USD.
https://www.jmbullion.com/2021-10-oz-british-silver-queens-beast-white-horse-coin/
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DudeDave reacted to Frost in SILVER DEALS - (USA & Canada) See a deal, post it here
90% Silver Quarters for $0.29 over spot https://www.providentmetals.com/90-silver-quarters-1-face-value.html