Monday Market Madness.....
Afternoon everyone.....
Can you believe the complete bomb💣💣💣 that has exploded in the Precious Metals market????
This is suppose to be a GREAT buying opportunity but every dealer I’ve checked is out of stock on just about everything. Or the premiums are stupid for a generic bar or round.
They love to gouge the hell out of you when they are climbing in price but god forbid you want to buy at a reasonable price.
Guess I’m not buying anything....
Posted via Steemleo
Obviously, with the physical silver all sold out and the premiums rising to a pre-sell-off level of $18, this is a paper selling drop......I would look into a Sept/Oct SLV Call (In the Money) Options selling for about 1.25 per lot. Money in the bank
Posted via Steemleo
I don’t touch paper contracts or the stock market anymore. I took a beating during the dot com disaster
Posted via Steemleo
Couldn't say I blame you as I got bit playing the same game after 9/11........but I believe this situation with a physical shortage in silver and the long time period in-the-money calls would be a good play
Posted via Steemleo
On March 1st I bought a few coins on Silvergoldbull.ca and sent them to my daughter's home in Toronto. Today's prices are between 8-10% less than what I paid, but they wrote at the site that the customers should expect a shipping delay of 20+ business days...I intended to go there on April 14th, but I postponed the trip for a few months...Maybe the coins will arrive there before me...
!trdo
Posted via Steemleo
I checked their site today, the premiums they are charging on generic bars is stupid right now. They won’t sell anything for $5 over spot per ounce.
Posted via Steemleo
Thank you
Posted via Steemleo
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The dealers probably are keeping there inventory until spit rises up a bit. That is how to manipulate the law of supply and demand, bestie!
Take care 🥰🌺🤙 and hugs 🤗🤗
Posted using Partiko iOS
Yep. I’m fully aware of the games they play. I was sent an email from a very reliable source that Apmex spent 4 million dollars on silver today buying from various Mints.
Posted via Steemleo
"Attention all Crew and Passengers, Abandon Economy!...repeat, Abandon Economy! to the Lifeboats in an orderly manner please!"
Posted via Steemleo
Gurgle gurgle.....drowning💦💦💦
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Yep....no bread on the shelf, but it's on sale take all you want!!🤔
It’s total manipulation 😡
Posted via Steemleo
Always my friend....and it just continues...🤔
It's just like when they tell you that bread's on sale for 10 cents a loaf for this brand, but that they don't have any. So you can buy this one at $5.99 per loaf! Ridiculous craziness!🙄😏🤗
Exactly. Manipulation at its best. If it keeps going down or stays down they will have no choice but to sell at a reasonable price or they will have zero cash flow to buy more
Posted via Steemleo
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