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246069 No.246069[DELETED]  [Reply] [Original]

>Silver below $20/oz
>Still listing prices at over $23/oz

What am I missing here? Does it sense I'm not jewish?

>> No.246071

People who don't shop around go with APMEX. APMEX knows this and charges higher prices since they can get away with it.

>> No.246080

This.
And why does ebay have dumbasses that buy it for 30$+ it's market value?

>> No.246083

>>246071
If you know better places I'd love to hear them.

>>246080
Because selling PMs is a pain in the ass and they're trying to get as much as they can off some sucker

>> No.246093

>>246080
It's like that for everything on ebay. People are sell for the greatest amount they can and someone is dumb enough to buy it.

>> No.246095

>>246083
>better places
There are plenty. Here's one: http://www.jmbullion.com/

>>246080
>why does ebay have dumbasses?
The real question.

>> No.246098

>>246095
Thanks.

>> No.246156

>>246095
Alright so, another nub question, does the mint particularly matter? As in, will I have trouble selling Sunshine bars over a different one?

>> No.246160
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246160

>>246156

As long as it's from a mint that's well recognized, it's fine, though government mints will get a higher premium and certain things from some private mints are considered collectible.

(Side note: Sunshine provides the blanks to the U.S. mint for making Eagles.)

>> No.246164

>>246160
Thanks for all your help.

>> No.246192
File: 132 KB, 893x586, gold.jpg [View same] [iqdb] [saucenao] [google]
246192

Im honestly a gold bull from a long-term perspective,but something is telling me we are entering a massive bear market for gold. $GLL anyone?

>> No.246709
File: 138 KB, 637x527, 11823463431967.jpg [View same] [iqdb] [saucenao] [google]
246709

IN THIS THREAD

op is an idiot slider. apmex quotes spot price and has a variety of products with a WIDE RANGE of prices above spot. Op didn't even say what product.

I always see generic silver rounds on sale for .89-.99 over spot per oz.

Op is a toobin

>> No.246813

>>246709
OP was ignorant about a subject and asked about it. For the record I was looking at 5oz bars

>> No.247474

>>246192
invested in a lot of gold. you can call me a gold bug. but i'm aware that it's partially due to my inability to invest in anything else. gold is pretty easy to understand, it doesn't take much of your time, it's nice to hold in your hand and it's comforting that when SHTF i got something to barter with (maybe just my fantasy).

>> No.247479

>>246192
but to answer your question: yeah we're in a bear market. but this can change pretty quickly. modern economies are fragile and you never know when panic can strike. i hear abenomics in japan is getting out of hand, but could be the doomsdayers again trying to fuck with our minds.

>> No.247481

>>247474

Yeah, I'd have to say I'm a bear on gold (and not just because the market is normalizing after that last panic). There's just too much supply sitting in vaults (leftover legacy from the gold standard) compared to actual demand. If a major country decided to dump their gold reserves, you'd be screwed.

>> No.247670
File: 67 KB, 500x663, 911a.jpg [View same] [iqdb] [saucenao] [google]
247670

>>247479
Japan is printing basically double the money supply they already have in existence. At the very least it will be inflation. Which they try to defend as always saying a risk of deflation or too low inflation. Top fucking kek.

Always while beating around the bush of the true elephant in the room. Creating money out of nothing and binding it as DEBT needing to be paid back to the banksters. The only reason these fiat seem to have stability is because they are all being diluted at the same time. All while building more interest do to bankers. This is why interest rates are trapped so low and they have to talk about bringing them back up slowly. Because going back to historical norms of 4-6% interest rates will CRUSH THE ECONOMY THROUGH INTEREST ON DEBT. We are at 250billion a year now owed at .6% interest. Imagine when it goes up.

There is no good way out of this and I just hope power is shifted back to humanity rather than just something like a monetary reset exchange for a one currency for all NWO/IMF/BIS whatever dollar.

None the less it will be very interesting moving into the future where consumption is out of control in all aspects. Maybe it will be in the best interest for the elite to just eliminate us, seeing as with the boom of technology they really do not need us as they did the past 5 thousand years of a slave.

tl;dr in a global monetary reset, precious metals will hold their value far more than any fiat based counterplay. They can not be printed out of thin air.

>> No.247685
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247685

https://www.youtube.com/watch?v=n0NYBTkE1yQ
.

>> No.247725

How the fuck are these companies able to charge $23/coin when the http://catalog.usmint.gov/ the people who make them charge $50/coin

>> No.247731

>>247725

The ones you buy through the Mint are proof. The ones you buy through most companies are uncirculated.

>> No.249405

>>247731
The difference being?

>> No.249417

>>249405

Proof coins are double struck, kept individually, and minted in lower quantities. They're meant for collectors.

Uncirculated are basically just regular coins that haven't been used as coinage (so they should be in mint condition). They're for people who are mainly just after the metal content.

>> No.250192
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250192

>>249405
proof coins are specially made. the planchet (blank round) is polished so it has a mirror finish. then the die (the "negative" of the image) is struck, usually manually/hydraulically rather than mechanically, and at least twice (sometimes more times). then coins are then removed individually and inspected for defects. they are NOT allowed to come into contact with other coins. "uncirculated" coins can come into contact with each other, hence "contact marks".

the most obvious difference is the mirror finish on the proof coin

pic related. sorry, bad lighting (it's nighttime and indoor lighting isn't great for pictures). you can see the coin on the left doesn't reflect (the the tiny reflections are just the plastic bag). the coin on the right you see the dark reflection in the background.