I would have to agree with Beauanderos. My local dealer has not budged on his $21 per coin price. Considering the anticipation of the new coins coming and the price levels at the time it makes sense that they would hold firm. I don't believe those in the business have any doubt about a price increase in the near future.( I got a spot price and better for 90% and 40% halves)
With record breaking ASE sales for the month of January(I believe more silver than was produced) it remains clear demand for a tangible product exists.
"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"
" The average man doesn't want to be free. He wants to be safe."
Yikes! $4.00 over spot and there isn't even a physical silver shortage yet? No way, would I pay that. I hope that dealer who is charging $21.00 is willing to pay $20.00 for the same. But then I'm buying .999 silver and not the design that is pressed down upon it.
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ASE $4 over spot
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Posted - 02/12/2010 : 18:38:19
