Long Position on Silver and Gold?

[sellersm]

Interesting quote from SilverDoctors.com (bold underline added by me):

its turning into a mad dash for any type of any type of physical anyone can get their hands on (wholesalers, retailers, and investors)…

Seen quite a jump in the past 24-48 hours on premiums on everything. Silver Eagles have jumped .60-.75/oz, and maples about the same.

I still think we’re looking at the potential for 2008 style premiums if we get any further price weakness below $14. There's just no supply out there. New orders for sunshine products are now shipping end October/early November!

[Great-Kazoo]

Interesting quote from SilverDoctors.com (bold underline added by me):

I called Erie G& S . They told me 5 weeks out , minimum.

[brutal]

Provident is showing 10 business days delay on their own 10 oz bars.

[rbeau30]

Silver.com ASEs are pre-order shipping 10 September on orders today.

[Stevensje]

What is a realistic price point for ASEs? Or what premium should I expect? 25%

[brutal]

What is a realistic price point for ASEs? Or what premium should I expect? 25%

Online, premiums for ASE ar running 30-40%.

https://comparesilverprices.com/

[Great-Kazoo]

Provident is showing 10 business days delay on their own 10 oz bars.

Good thing i got in on a deal.

[brutal]

Provident 10oz silver bars $153.26, free shipping. I've got an EFT setup with them.

I think even though Silver may go lower that 14~ it's at now, the premiums will continue to rise as physical (try gettign ASE right now) gets tighter.

I think I'm going to order 10oz today help lower my DCA, anyone want in? (note, there are shipping delays due to demand)

Good thing i got in on a deal.

I'm down $1,800 on my silver stack but will keep buying all the way to the bottom assuming I can get physical delivered. Then it's to da moon!

[Sawin]

I'm down $1,800 on my silver stack but will keep buying all the way to the bottom assuming I can get physical delivered. Then it's to da moon!

I'm ramping up my purchasing again too, a little at a time, making a dent in my average cost per ounce... It's still just discretionary spending money, not "investment" level amounts, but it is still a very nice insurance policy that I'll liquidate someday, or give to my loved ones when I die.

[brutal]

I'm ramping up my purchasing again too, a little at a time, making a dent in my average cost per ounce... It's still just discretionary spending money, not "investment" level amounts, but it is still a very nice insurance policy that I'll liquidate someday, or give to my loved ones when I die.

PM's are not an investment for me, they're a hedge against inflation and TEOTWAWKI. That said, I should have been stacking cash the last two years instead of buying more silver. But if you're gonna go long, ya gotta stick with it.