Silver rocketed!

[Iceberg]

 

[Scrooball (clone)]

just wait for the next dip

 

[Iceberg]

1. Don't waste your time. Paper silver is different from Physical Silver

2. Don't waste your time. Commemorative, collectible silver jewellery, utensils, zodiac coins (including those from Singapore Mints) - Fine (999), Sterling (925) or less, are not standard Silver Bullion, dealers will pay you 25-40% below Silver Spot price. In many situations, as "melt-price" or "scrap-silver" price

3. Don't waste your time. Dealers will not pay you a decent price for Silver Bullion Bars or Coins (eg. Fine 999 or 9999) that are from not LBMA mints. Stick to LBM reputable mints, eg. Perth Mint, Royal Canadian, Austria, Royal Mint (UK), US Mint (Eagles), Asahi (Johnson Matthey), Pamp, Valcambi, Mexican Libertad, etc

Remarks:

• Stick to standard weights, eg. 1 oz, 10 oz, 100 oz, 1 kg, even if they are LBMA products.
• Stick to standard purities like 999 or 9999, do not pay a premium for collectibles, including those from LBMA mints.
• 1 troy ounce in precious metals is different from 1 ounce of liquid.

Not all Silver are created equal. It is very frustrating when you sell your precious metals.

 

[Iceberg]

just wait for the next dip

I refer to the historical chart in the first post, we can only trade long-term trends in precious metals 2-3 times in our lifetime.

Eg. if you enter at high prices, you will be stuck for 20-40 years.

 

[Scrooball (clone)]

That’s why can’t buy. What goes up will eventually come down la. Otherwise , everyone will just get rich.

 

[ftan42]

As silver soared to new highs and physical inventories dwindled, the unimaginable occurred: the CME, the world’s largest derivatives exchange, went offline for 10 hours.

 

[k1976]

1. Don't waste your time. Paper silver is different from Physical Silver

2. Don't waste your time. Commemorative, collectible silver jewellery, utensils, zodiac coins (including those from Singapore Mints) - Fine (999), Sterling (925) or less, are not standard Silver Bullion, dealers will pay you 25-40% below Silver Spot price. In many situations, as "melt-price" or "scrap-silver" price

3. Don't waste your time. Dealers will not pay you a decent price for Silver Bullion Bars or Coins (eg. Fine 999 or 9999) that are from not LBMA mints. Stick to LBM reputable mints, eg. Perth Mint, Royal Canadian, Austria, Royal Mint (UK), US Mint (Eagles), Asahi (Johnson Matthey), Pamp, Valcambi, Mexican Libertad, etc

Remarks:

• Stick to standard weights, eg. 1 oz, 10 oz, 100 oz, 1 kg, even if they are LBMA products.
• Stick to standard purities like 999 or 9999, do not pay a premium for collectibles, including those from LBMA mints.
• 1 troy ounce in precious metals is different from 1 ounce of liquid.

Not all Silver are created equal. It is very frustrating when you sell your precious metals.

行家一开口，就知道有没有

 

[Hightech88]

Buy low sell high, not the other way round LOL.