"At APMEX on Nov 8, 2019 the price of a $100 bag of 90% silver
quarters cost $1,276 + tax when the price of silver was $16.89/oz.
Today, the same bag costs $1,823 and silver is at $12.67.
They are out of the $50 bags. Panic buying of the
metal-Panic dumping of the paper."
This is what I said
Posted by skyfish on 28th of Mar 2020 at 01:16 am
This is what I said on November 20th
"At APMEX on Nov 8, 2019 the price of a $100 bag of 90% silver quarters cost $1,276 + tax when the price of silver was $16.89/oz. Today, the same bag costs $1,823 and silver is at $12.67. They are out of the $50 bags. Panic buying of the metal-Panic dumping of the paper."
That $1,823 bag is now going for $1,982.
You are spot on (no
Posted by ssaffer on 28th of Mar 2020 at 11:24 am
You are spot on (no pun intended). The paper hasn't caught up with the physical demand. It time it will.