Tue, Jul 19, 2011 - 4:30pm
I have noticed that there has been a definite difference between the spot price quoted and
what people are paying for physical. Even when the EE hit us with a flash crash in May.
You would be hard pressed to get an ounce of Silver on Ebay for under $40.00 an ounce
and usually closer to $50.00 and $55.00 an ounce.
I know Ebay is not the be all end all. But as a good indicator of prices being paid and cash changing hands
on the ground on a fairly regular basis. it does have its place as far as what people are willing to give at any given
moment for a number of things. With that in mind I just see a widening gap between the paper and physical markets.
Any thoughts, opinions observations on the subject would be greatly appreciated.
This is my first post here, I have been reading for a while now. And thought I would join the party.
It is refreshing to see a site with intelligent back and forth discussion about a subject without it disintegrating into a
political slug fest. Everyone here knows who the Idiots are regardless of political affiliation.
Turd, THANK YOU for putting together such a GREAT site.
Edited by: Wizard on Nov 8, 2014 - 5:09am