Buying physical gold/silver - Page 85

lobopride

Joined: Jul 17, 2019

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12:10p, 10/8/25

Would you sell your silver if silver prices slowly went up to $100 over the course of a few years? I think that's my breaking point.

maddiedou

Joined: Aug 14, 2011

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12:20p, 10/8/25

AG

I am already selling

maddiedou

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Buck Turgidson

Joined: Oct 10, 1999

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In reply to Aggiemike96 • 1:13p, 10/8/25

Aggiemike96 said:
Goodbye $4,000 gold. $50 silver is the next to be left in the rear view mirror!

Keep stacking!

Holy crap! I'm not so much excited for my gold & silver as scared for my dollars.

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HarleySpoon

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1:35p, 10/8/25

AG

We've reached that inflection point where the asking price of 90% silver is selling at or below the melt value of the pure silver in the coins. For the last lengthy period of time, dealers were asking greater than melt value.

There are .715 ounces of pure silver in one dollar face value of 90%. The spot price of silver is as I write this $49.33.

Meaning there is .715 times $49.33 value of pure silver in one dollar's face value which equals $35.27.

A good portion of dealers are asking 35.0 times face at this moment.

The higher the price of silver rises and especially the faster it rises...you will see that discount rise until spot prices stabilize. Dealers don't want to get stuck with devaluing inventory or having to send 90% to smelter in order to extract value.

I recall this discount growing quite large in the 70's when the Hunt brothers made their run.

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jagvocate

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In reply to HarleySpoon • 2:11p, 10/8/25

AG

Fantastic historical knowledge and current observation HarleySpoon

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Heineken-Ashi

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In reply to HarleySpoon • 2:33p, 10/8/25

HarleySpoon said:
We've reached that inflection point where the asking price of 90% silver is selling at or below the melt value of the pure silver in the coins. For the last lengthy period of time, dealers were asking greater than melt value.

There are .715 ounces of pure silver in one dollar face value of 90%. The spot price of silver is as I write this $49.33.

Meaning there is .715 times $49.33 value of pure silver in one dollar's face value which equals $35.27.

A good portion of dealers are asking 35.0 times face at this moment.

The higher the price of silver rises and especially the faster it rises...you will see that discount rise until spot prices stabilize. Dealers don't want to get stuck with devaluing inventory or having to send 90% to smelter in order to extract value.

I recall this discount growing quite large in the 70's when the Hunt brothers made their run.

When the gold to silver ratios breaks 62, that's the sign to start preparing to sell. When it approaches 50, the topping of the metals market is imminent (could be days, weeks, or even months, but reversal can happen lightning quick).