Weekly Coin Shop Trip
Another week and another ounce of Constitutional Silver. Its a good thing that the price of silver is dropping because, at least in my little corner of the World, the premium on Constitutional Silver is rising. I paid a premium of $7.00 per ounce on Constitutional silver which is the same premium paid for foreign Sovereigns.
What was even more interesting is there was very little Constitutional Silver left in stock.
The premiums on generic rounds were only $5.00 per ounce, so I might have to switch over to these next week.
The premiums on Eagles was $10.00 per coin! Still a little too rich for my blood.
Silver almost broke down today, which means the SALE ON SILVER should continue for a little while longer.
Just for kicks I will do my best to guess when the SALE ON SILVER.
It's just a WAG (wild ass guess). By the way, the actual date is February 22nd, we shall test the powers of @handofzara.
It has been awhile since I posted about the Gold Mining Stocks, mainly because I feel like a broken record.
So once again, I am "bullish" above the 252.43 level and "bearish" below that level. Yesterday's HIGH came in at 252.68 and promptly sold off! The miners have been reacting to this level since March 2021.
So much for broken records.
Peace Out and Stack On!
Now that silver is about $23 an ounce can pick up some coins for value. But I agree $10 is a bit much unless you really want it. I generally willing to pay up to $7 premium max. Especially the unusually coins that stand out. The hippo mandala from republic of Chad is $36, cheapest I can find at the moment. I might wait and see if it can be few dollars less !
That’s a very high premium over spot. Dam
SALE on SILVER!