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What ever happened to Rider? I had drinks with him a few times years ago. Remember him being a good guy.
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I've had a lot of fun with this thread, and a lot of education in its eight years. Thanks OP, (Member "Rider")…
~Enbloc
$18.01 this morning.Gold backed down to the 1680 level last week. Today it is back above $1730.
The Fed announced that there likely would be no change in interest rates through 2022. Gold popped right after this announcement.
ETA: And now at $1740.
Where do you see that spot is up a lot?
View attachment 364335
Kitco phone app. I assume it shows current spot. As you say, it must reference a different opening price than Yahoo and Apmex use.Are you linking the Spot or Futures price?
Seems like maybe Yahoo and Apmex quote the change as the change since midnight - while other's quote the change since previous close. They showed the same number you linked, or close, but the change was like 40 cents, not 5 cents.
What would be really nice is a graph of the round trip hit (% lost if buying and selling Eagles on the same day) vs. spot price of silver.
Whereabouts Unknown, last seen almost 2 years ago, which is like 5 in non-internet years...What ever happened to Rider? I had drinks with him a few times years ago. Remember him being a good guy.
If could tell "You'll get 85% of value if you sell today, but if the price goes up, you will get 92% of spot, or if it goes down you will only get 75%".What would that tell you?
It would tell me how the buy/sell spread correlates to price.
No doubt true, but the lower prices also increase demand.My instincts tell me the buy/sell spread is much more closely correlated to supply/demand than price.
I've bought during slack demand times for slightly over spot. I couldn't do that today. There does not seem to be enough physical gold and silver supply at the moment, evidenced by the lack of inventory at many dealers.
Gold down 1.6% as of now.
Yup. You would think the opposite but the .Vix was rising at the same time so volatility is pressuring everything.Gold, silver and miners following the S&P500 up and down. Not a good sign.
Yup. You would think the opposite but the .Vix was rising at the same time so volatility is pressuring everything.
Anyone missing some gold bars?
Have You Seen My Gold Bars? I Think I Left Them on the Train
The ownership of nearly $200,000 worth of gold bars left on a Swiss commuter train last year remains a mystery, leaving an even bigger question: who commutes with a bag of gold in the first place?www.bloomberg.com
Funny thing- Great Bear is up another 13% today. Is a big miner going to takeover? That’s another huge gain from this morning.
First thing, weigh it and calculate the melt value at spot (you'll do well to get 50% of that selling it as scrap silver). If it's sterling it's 92.5% silver by weight.I just inherited real silverware, a silver tea set and other silver dishes. These were from my Great Grandmother, circa 1910's The appraisal from Longs Jewelry done in the mid 1980's says it's worth over $10K, and yes I know appraisals are a joke. The silverware is engraved with a C but the tea set is not.
I'm thinking they are all going to be melted down but am open to ideas from the board. Anyone have an "in" at a refinary?
I just inherited real silverware, a silver tea set and other silver dishes. These were from my Great Grandmother, circa 1910's The appraisal from Longs Jewelry done in the mid 1980's says it's worth over $10K, and yes I know appraisals are a joke. The silverware is engraved with a C but the tea set is not.
I'm thinking they are all going to be melted down but am open to ideas from the board. Anyone have an "in" at a refinary?
Wait until Uber drivers are telling you to buy junk silver,
First thing, weigh it and calculate the melt value at spot (you'll do well to get 50% of that selling it as scrap silver). If it's sterling it's 92.5% silver by weight.
I think it is stirling as it has fancy proof marks that I am decoding. I have to liquidate the estate as I am not the only beneficiary. None of the 20 to 30 year old's in the family want it. I'm checking out a refinery that was suggested to me to hopefully cut out the middleman.
I think it is stirling as it has fancy proof marks that I am decoding. I have to liquidate the estate as I am not the only beneficiary. None of the 20 to 30 year old's in the family want it. I'm checking out a refinery that was suggested to me to hopefully cut out the middleman.
I just inherited real silverware, a silver tea set and other silver dishes. These were from my Great Grandmother, circa 1910's The appraisal from Longs Jewelry done in the mid 1980's says it's worth over $10K, and yes I know appraisals are a joke. The silverware is engraved with a C but the tea set is not.
I'm thinking they are all going to be melted down but am open to ideas from the board. Anyone have an "in" at a refinary?