Re: Silver shot up......
[Re: Marty]
#6956512
08/06/20 07:54 PM
08/06/20 07:54 PM
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Joined: Jun 2012
Posts: 680 kansas
larrywaugh
trapper
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trapper
Joined: Jun 2012
Posts: 680
kansas
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Why is it when I Google silver spot price its 28.96 but jm bullions website says 29.86.
Won't take no prisoners,won't spare no lives.
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Re: Silver shot up......
[Re: Steven 49er]
#6956514
08/06/20 07:55 PM
08/06/20 07:55 PM
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Joined: Apr 2014
Posts: 7,085 MO
cfowler
trapper
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trapper
Joined: Apr 2014
Posts: 7,085
MO
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If it is this high tomorrow I am selling some. Me neither!
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: Silver shot up......
[Re: larrywaugh]
#6956580
08/06/20 08:58 PM
08/06/20 08:58 PM
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Joined: Dec 2018
Posts: 5,214 Crivitz WI
Sprung & Rusty
trapper
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trapper
Joined: Dec 2018
Posts: 5,214
Crivitz WI
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Why is it when I Google silver spot price its 28.96 but jm bullions website says 29.86. Was the market still opened when you checked it?
No Jab.
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Re: Silver shot up......
[Re: larrywaugh]
#6956596
08/06/20 09:23 PM
08/06/20 09:23 PM
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Joined: Oct 2008
Posts: 538 s.e. mn
timbremn
trapper
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trapper
Joined: Oct 2008
Posts: 538
s.e. mn
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Why is it when I Google silver spot price its 28.96 but jm bullions website says 29.86. Because when you buy silver at retail you are always going to pay over spot. When you sell, you should get spot. The dealers make their money on the spread.
Last edited by timbremn; 08/06/20 09:24 PM.
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Re: Silver shot up......
[Re: Marty]
#6956606
08/06/20 09:32 PM
08/06/20 09:32 PM
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Joined: Apr 2018
Posts: 135 Ozark Mtns, AR
JD Hornet
trapper
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trapper
Joined: Apr 2018
Posts: 135
Ozark Mtns, AR
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A lot of people on here have stated metal is a bad investment. When it is a good investment it is to late to buy. Just like the stock market. Metal is for long term. Silver has been making a dollar a day for a few days now. Gold is to the moon. 49er is correct rex. Played this game in early 2000's hold on it's going like a rocket ship and it is all engineered just like the stock market.
Farm Hard
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Re: Silver shot up......
[Re: Marty]
#6956608
08/06/20 09:33 PM
08/06/20 09:33 PM
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Joined: Apr 2018
Posts: 135 Ozark Mtns, AR
JD Hornet
trapper
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trapper
Joined: Apr 2018
Posts: 135
Ozark Mtns, AR
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A lot of people on here have stated metal is a bad investment. When it is a good investment it is to late to buy. Just like the stock market. Metal is for long term. Silver has been making a dollar a day for a few days now. Gold is to the moon. 49er is correct rex. Played this game in early 2000's hold on it's going like a rocket ship and it is all engineered just like the stock market.
Farm Hard
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Re: Silver shot up......
[Re: Marty]
#6956614
08/06/20 09:36 PM
08/06/20 09:36 PM
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Joined: Apr 2018
Posts: 135 Ozark Mtns, AR
JD Hornet
trapper
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trapper
Joined: Apr 2018
Posts: 135
Ozark Mtns, AR
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Nothing wrong with a smart investment and making money Tim. I pray you do well!
Farm Hard
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Re: Silver shot up......
[Re: Sprung & Rusty]
#6957007
08/07/20 09:19 AM
08/07/20 09:19 AM
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Joined: May 2010
Posts: 10,560 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,560
MN
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Nothing wrong with selling a little on the way up to the moon No one ever lost money taking a profit. You might leave some on the table but I'd rather do that than lose. Why is it when I Google silver spot price its 28.96 but jm bullions website says 29.86. Was the market still opened when you checked it? Silver market is open from Sunday 6 pm eastern time to Friday 5 pm eastern, also they close Monday through Thursday from 5 to 6 pm eastern. It's a global market I wouldn't sell my metals right now, profit or no profit, the dxy market isn't done falling yet, not by a long shot. I'd maybe consider selling miners but then I'd take the profit and buy more physical.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Silver shot up......
[Re: Marty]
#6957032
08/07/20 10:24 AM
08/07/20 10:24 AM
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Joined: May 2010
Posts: 10,560 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,560
MN
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Looks like there is some profit taking going on today.
No worries, it's a good thing.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Silver shot up......
[Re: Marty]
#6957042
08/07/20 10:45 AM
08/07/20 10:45 AM
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Joined: Apr 2014
Posts: 7,085 MO
cfowler
trapper
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trapper
Joined: Apr 2014
Posts: 7,085
MO
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I doubt if today’s paper sell-off and price drop will drop the price in the physical market as much, unless you’re selling.
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: Silver shot up......
[Re: Marty]
#6957654
08/07/20 10:15 PM
08/07/20 10:15 PM
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Joined: Nov 2007
Posts: 898 N. W. MISSOURI
TRAPPER-ED
trapper
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trapper
Joined: Nov 2007
Posts: 898
N. W. MISSOURI
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you need to watch the Kendall report ever morning , bob knows his stuff , he will tell you what he thinks is going to happen , most always right ,he says it looks like prices of gold and silver will stay high for 6-10 months ? HE is on you tube also
50 + years of trapping & some fur buying and i still know nothing.
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Re: Silver shot up......
[Re: Sprung & Rusty]
#6957754
08/08/20 12:06 AM
08/08/20 12:06 AM
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Joined: Dec 2014
Posts: 297 Arizona
Starbits
trapper
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trapper
Joined: Dec 2014
Posts: 297
Arizona
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How high is it going to go? It is going to go to 1$ below your sell point and then drop to 1$ above your buy point.
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