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08-04-2020, 04:36 PM
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Join Date: May 2007
Posts: 1,746
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silver price!
You, yourself have to set the limit, when to sell and what you want! That's the whole story! Waiting to long, the price might drop. Wait and the price may take off! Who knows. The price point is when your happy with the deal! and what you have invested! Get Greedy it may cost you into holding for a few more years, if the price drops big time!
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08-04-2020, 05:04 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,467
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Quote:
Originally Posted by badbrass
You, yourself have to set the limit, when to sell and what you want! That's the whole story! Waiting to long, the price might drop. Wait and the price may take off! Who knows. The price point is when your happy with the deal! and what you have invested! Get Greedy it may cost you into holding for a few more years, if the price drops big time!
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I reiterate--sell half now
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Wherever you go, there you are
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08-04-2020, 05:09 PM
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Join Date: May 2007
Posts: 1,746
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Might be a good choice!
Quote:
Originally Posted by Justfishin73
I reiterate--sell half now
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08-04-2020, 05:13 PM
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Join Date: Dec 2012
Posts: 1,031
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IMO there is no benefit to selling silver right now, unless you need cash, all you’re doing is trading something viable for a devaluing dollar, history has dictated that if you are in precious metals for the long game and steady making purchases, you will not loose, and being that the historic gold to silver ratio has been about 35/1, silver has great potential to keep climbing!
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08-04-2020, 05:18 PM
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Join Date: Sep 2007
Location: Strathcona County
Posts: 1,896
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I’m not in an hurry to do anything in any event.
I’ve been holding some silver for more than 25 years.
Just seeing what others are thinking.
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08-04-2020, 05:30 PM
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Join Date: May 2007
Posts: 1,746
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I have a 100 oz. bar for sale on this site $40.00 a oz. right now it my price point! Do I need the money? Nope! But I'm ready to make some! If not I guess I'm keeping it!
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08-05-2020, 06:21 AM
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Join Date: May 2007
Posts: 1,746
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$35.53 
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08-05-2020, 09:00 AM
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Join Date: Apr 2008
Location: alberta
Posts: 1,950
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Quote:
Originally Posted by badbrass
$35.53 |
$ 4 6 . 7 2 canuck this am at mrsc edmonton
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08-05-2020, 05:11 PM
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Join Date: Feb 2012
Location: Edmonton (shudder)
Posts: 4,639
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Quote:
Originally Posted by Cement Bench
$ 4 6 . 7 2 canuck this am at mrsc edmonton
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Was that to purchase a Canadian maple?
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08-05-2020, 06:04 PM
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Join Date: Dec 2012
Posts: 1,031
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Quote:
Originally Posted by HyperMOA
Was that to purchase a Canadian maple?
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Yes that was to purchase a single maple leaf, not only will you not be able to find silver for spot at a dealers, but government minted coins, that contain a dollar value, carry a premium. When the silver wasn’t going so crazy you would purchase a regular investment ingot or coin, and pay spot + 5-9% commission, add $2-$3.50 premium for government issued coins, so long as they are not collectors grade. Right now you’re paying $9–$12 above spot
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08-06-2020, 06:10 AM
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Join Date: May 2007
Posts: 1,746
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$37.56
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08-06-2020, 09:27 AM
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Join Date: Apr 2008
Location: alberta
Posts: 1,950
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Quote:
Originally Posted by HyperMOA
Was that to purchase a Canadian maple?
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Yes in person price delivery today
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08-06-2020, 11:11 AM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,467
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Sold 100 ozs today---they were doing maples at $5 over---said tons of selling, hardly any buying.
just remember greed can be expensive......
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Wherever you go, there you are
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08-06-2020, 12:22 PM
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Join Date: Dec 2012
Posts: 1,031
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Quote:
Originally Posted by Justfishin73
Sold 100 ozs today---they were doing maples at $5 over---said tons of selling, hardly any buying.
just remember greed can be expensive......
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Who’s they, I would like to know for future reference! This $9 to $12 over spot is bs. Thank you!
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08-06-2020, 12:46 PM
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Join Date: Feb 2012
Location: Edmonton (shudder)
Posts: 4,639
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Quote:
Originally Posted by Justfishin73
Sold 100 ozs today---they were doing maples at $5 over---said tons of selling, hardly any buying.
just remember greed can be expensive......
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Just to be clear, did you sell maples at approximately $42.50 CDN?
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08-06-2020, 12:49 PM
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Join Date: Jun 2008
Location: Calgary Area
Posts: 2,381
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Jumps every day
Seems like every day since this thread started AG and AU have had nice jumps up in price.
Silver hit 37.80 spot today and who knows what it will close at. I have no idea what they are selling it for at the dealers but you are probably right that there is a large premium being added.
Has anyone done any selling and if so are you getting above spot?
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08-06-2020, 12:54 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,467
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Quote:
Originally Posted by morinj
Who’s they, I would like to know for future reference! This $9 to $12 over spot is bs. Thank you!
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South Edm coin paying spot, charging $5 over for maples
Its gone parabolic.
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Wherever you go, there you are
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08-06-2020, 12:54 PM
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Join Date: Dec 2012
Posts: 1,031
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Quote:
Originally Posted by markg
Seems like every day since this thread started AG and AU have had nice jumps up in price.
Silver hit 37.80 spot today and who knows what it will close at. I have no idea what they are selling it for at the dealers but you are probably right that there is a large premium being added.
Has anyone done any selling and if so are you getting above spot?
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Great question!!! I did speak to the guys at south edmonton coin, they told me they had very limited supply, maybe I’ll check them out!
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08-06-2020, 01:04 PM
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Join Date: May 2007
Posts: 1,746
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$38.09
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08-06-2020, 01:15 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,467
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Even with her climbing, I don't mind selling off a bit at a time---boy starts hunting this year and will need some new gear.
While this is a never before seen world scenario, the powers that be have never let metals be where they should be and this time will be no different. They will suppress it.
Profit is good and pigs get slaughtered.
All JMHO of course
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Wherever you go, there you are
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08-06-2020, 01:18 PM
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Join Date: May 2007
Posts: 1,746
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Store's charge 5% GST? over the spot + $5.00
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08-06-2020, 01:34 PM
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Join Date: Dec 2012
Posts: 1,031
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Quote:
Originally Posted by badbrass
Store's charge 5% GST? over the spot + $5.00
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I know they charge 5-9% commission, no gst, unless it’s not .999, sterling will require gst, unless it has changed! Wholesalers premium is ridiculous right now, I asked a couple dealers what it was, and the answer I was given in all cases was “High”! They couldn’t give me a percentage number because it was constantly changing.
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08-06-2020, 01:43 PM
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Join Date: May 2007
Posts: 1,746
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I think! There is no money in the Country! But I know people are just waiting for a deal! No money! No sales! Got lots for sale! but? not giving it away!
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08-06-2020, 02:12 PM
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Join Date: Dec 2012
Posts: 1,031
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Quote:
Originally Posted by badbrass
I think! There is no money in the Country! But I know people are just waiting for a deal! No money! No sales! Got lots for sale! but? not giving it away!
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Precisely! Couldn’t have said it better myself!
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08-06-2020, 02:41 PM
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Join Date: May 2007
Posts: 1,746
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Quote:
Originally Posted by morinj
Precisely! Couldn’t have said it better myself!
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Man you look year ago! or Better than that. When the oil was booming! and everyone was working, making money, you could not keep 1 0z of silver!
SOLD SOLD SOLD! But now! slow pickings! O'well! 
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08-06-2020, 02:45 PM
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Join Date: May 2007
Posts: 1,746
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Higher prices! No Money!= no sales!
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08-06-2020, 03:14 PM
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Join Date: Jun 2011
Posts: 3,713
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Quote:
Originally Posted by Justfishin73
Even with her climbing, I don't mind selling off a bit at a time---boy starts hunting this year and will need some new gear.
While this is a never before seen world scenario, the powers that be have never let metals be where they should be and this time will be no different. They will suppress it.
Profit is good and pigs get slaughtered.
All JMHO of course
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Gold is one of the few assets that Governments have no control over the price of any longer. They lost control of it in 1971 when the USD was decoupled from gold and American citizens were free to own it again. The only control the government has over the price is through the supply/demand curve or if they get their crap together and start defending the USD. For now investors are starting to realize that the USD and other currencies are a pos. They want hard assets. Inflation is the next thing on the agenda. Nothings new. We’ve seen this same thing before. People just forget history.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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08-06-2020, 03:31 PM
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Join Date: Dec 2012
Posts: 1,031
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Quote:
Originally Posted by Justfishin73
Even with her climbing, I don't mind selling off a bit at a time---boy starts hunting this year and will need some new gear.
While this is a never before seen world scenario, the powers that be have never let metals be where they should be and this time will be no different. They will suppress it.
Profit is good and pigs get slaughtered.
All JMHO of course
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You’re boys hunting gear is definitely a good investment trade off for your silver, still better then cash, He will develop/sharpen a skill that will allow himself to provide and IMO, you can’t go wrong!!!
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08-06-2020, 05:20 PM
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Join Date: May 2007
Posts: 1,746
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$39.15 !!!!
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08-06-2020, 05:49 PM
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Join Date: May 2007
Posts: 1,746
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$39.42 Lets keep this going!  Think good thoughts!!!!!!!!!
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