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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
 Posted - 02/11/2010 : 14:18:19
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Just checked out the Apmex site. They are totally sold out of 90% junk silver in $100 face amounts, and are stating "there is a slight delay anticipated in delivery" (Feb 24th) on larger amounts of $500 or $1000. They do have a few overpriced rolls of silver barbers, or BU Franklins, and they still seem to have plenty of 40%. Everyone wants to buy at these prices, and they can't refill their inventory because sellers expect the price to revert to $18 - 19 range. 
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Hoard now and hold on!
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/11/2010 : 15:38:12
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| That is normal price goes down demand goes up. Premiums then also goes up. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 02/11/2010 : 16:10:07
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| I'll sell you 100face at 15x. All day long. |
Trolling is an art. |
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marine70
Penny Pincher Member
USA
150 Posts |
Posted - 02/12/2010 : 16:23:57
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| Me too. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 02/12/2010 : 18:17:54
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quote:
Originally posted by beauanderos
Just checked out the Apmex site. They are totally sold out of 90% junk silver in $100 face amounts, and are stating "there is a slight delay anticipated in delivery" (Feb 24th) on larger amounts of $500 or $1000. They do have a few overpriced rolls of silver barbers, or BU Franklins, and they still seem to have plenty of 40%. Everyone wants to buy at these prices, and they can't refill their inventory because sellers expect the price to revert to $18 - 19 range.
I noticed too that their "Generic silver .999 bars as low as $.49 per ounce over spot" has been removed. I'm glad on got in when I did. |
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Think positive. |
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Apmex is running out of Junk Silver
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