Long Position on Silver and Gold?

[roberth]

PMs are flat, oil is certainly rebounding - WTI is over 47 and Brent is over 52.

[davsel]

[BushMasterBoy]

I have been buying Philharmonics around $360 for a tube of 20. ASE's have been running about 400 bucks for a tube of 20. Too much premium for Eagles!

[Batteriesnare]

Silver is up 3.5%. Did we find the bottom?

[roberth]

Nah, we're just seeing volatility in all markets.

[sniper7]

Ad supply is down so premiums are extremely high.

[BushMasterBoy]

Maybe a sign of a rise in the prime rate.

[Great-Kazoo]

I have been buying Philharmonics around $360 for a tube of 20. ASE's have been running about 400 bucks for a tube of 20. Too much premium for Eagles!

$20 per in bulk?? you're paying $1-3 too much, easy. Even when it was up to $18 i never paid more than $1.50 over spot, locally.

[sellersm]

FWIW, I do believe we'll see a rise in the interest rate, if not tomorrow then probably next month (they can do it at any time they want). Also, all I've read & heard indicates that silver's bottom is at $14.50 and is being tested right now...

No matter what, keep stacking!

[4runner freak]

$20 per in bulk?? you're paying $1-3 too much, easy. Even when it was up to $18 i never paid more than $1.50 over spot, locally.

Where are you buying them for so cheap?
I'd love to find them for $2 over.