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Silver is selling out, stores rush to restock

 
LightYeti

User ID: 72652527
United States
01/31/2021 03:55 PM
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Re: Silver is selling out, stores rush to restock
[link to www.ebay.com (secure)]

I bought through apmex Ebay dealer friday, out for delivery Saturday, expected arrival Wednesday through Fedex.
1dunno1

Last Edited by H3avyShru6 on 01/31/2021 03:56 PM
Covid is over...
Anonymous Coward
User ID: 79291443
United States
01/31/2021 03:56 PM
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Re: Silver is selling out, stores rush to restock
i tried to buy online here in Holland also but all is sold out.

Even those that say delivery in a few days cancel out once you want to order them.

Something big is happening...
 Quoting: NIMST3R


the store (brick & mortar) is waiting for the market price to open. today
Anonymous Coward
User ID: 75277882
Canada
01/31/2021 03:57 PM
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Re: Silver is selling out, stores rush to restock
Even Bloomberg can't deny it...

[link to www.bloomberg.com (secure)]


Markets
Silver Coin Sites Grind to a Halt as Reddit Horde Takes Aim
By Yvonne Yue Li
January 31, 2021, 2:04 PM EST Updated on January 31, 2021, 3:00 PM EST
Sites including Apmex are unable to meet demand for now
Investors are holding onto physical bars, not taking profits

 Quoting: AllFallDown


"There are also signs that investors are holding onto silver they own, rather than trying to take profits.

“Now we’re seeing nothing, no single offer, which is scary,” Peter Thomas, senior vice president at Zaner Group, said by phone from Chicago. “Whatever we sell, people are holding it. There’s no inflow of metal at all.”"


spock
Anonymous Coward
User ID: 79260563
United States
01/31/2021 03:58 PM
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Re: Silver is selling out, stores rush to restock
tha silver hoards trying to pump up the silver in they basements that no one wants to buy.
><even

User ID: 79827759
United States
01/31/2021 03:58 PM
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Re: Silver is selling out, stores rush to restock
Stores all sold out. I got cash. Heading out now going door to door buying silver from neighbors!
I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean.
><even

User ID: 79827759
United States
01/31/2021 03:59 PM
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Re: Silver is selling out, stores rush to restock
tha silver hoards trying to pump up the silver in they basements that no one wants to buy.
 Quoting: Anonymous Coward 79260563


You can’t buy it right now. This is real.
I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean.
Anonymous Coward
User ID: 75277882
Canada
01/31/2021 04:02 PM
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Re: Silver is selling out, stores rush to restock
How can you sell a share that you have no claim to?

I'm not asking, just pointing out the lunacy of the financial system.

 Quoting: shovelbum


you're writing/selling a contract (not the actual stock) giving another person the "option" to buy at an agreed upon price at the end of an agreed upon period of time, say 45 days. When you write/sell the contract you collect a premium up front, but, it's not technically yours at this time. If the contract expires in 45 days and is not favorable to the person who bought it, it will expire worthless to them, so, they will choose not to exercise their "option" to buy. You, however, then get to keep the entire premium. If it expires favorable to them, you still keep the entire premium, however, you now have to go in to the market to buy at the current level and sell it to them to fulfill your obligation. You will likely lose $$$$ because you will be having to buy at the current level which is significantly higher than what you agreed to sell it at. And since each contract is for 100 shares a stock, you can see how bad this could get if you wrote/sold just one contract. Most traders sell 10+ contracts at at time on just a million dollar account.

this is too brief an explanation as there are 4 directions/positions this could go depending on if you are selling sells, selling buys, buying buys or buying sells. it's a mind game for sure.
 Quoting: Anonymous Coward 38505993


Good explanation. But is it morally right if it influences the true price discovery?
ThisPerfectDay

User ID: 80002150
Norway
01/31/2021 04:04 PM
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Re: Silver is selling out, stores rush to restock
When does the shanghai market open?
Anonymous Coward
User ID: 79854840
United Kingdom
01/31/2021 04:04 PM
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Re: Silver is selling out, stores rush to restock
This is all going to happen over several moves isn't it? As in first the market price and then the requests for physical as payment and after that, the big guys releasing physical out of their vaults to deal with demand?

So the object is to make silver a rarity for trading? What do we then do with out physical? Is that the point it will be at its highest price? Sell to who though?
Anonymous Coward
User ID: 77950187
United States
01/31/2021 04:06 PM
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Re: Silver is selling out, stores rush to restock
Can you eat silver?...watch wheat and corn fututes
Anonymous Coward
User ID: 79173575
United States
01/31/2021 04:07 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002



until you need something that isn't food
 Quoting: Anonymous Coward 65942580


One ounce of silver in Venezuela will feed a family of 4 for four months
 Quoting: Silverback


Source? It seems extreme.
 Quoting: kelu


Anonymous Coward
User ID: 72707019
United States
01/31/2021 04:09 PM
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Re: Silver is selling out, stores rush to restock
Can you eat silver?...watch wheat and corn fututes
 Quoting: Anonymous Coward 77950187


your comment is wasted on this type of thread, maybe you get $3.50, If I were you , I'd request it in silver
Anonymous Coward
User ID: 78230975
United States
01/31/2021 04:12 PM
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Re: Silver is selling out, stores rush to restock
Citadel is long SLV

BUYING SLV is bailing out Citadel from their GME short.

Wake the fuck up.

 Quoting: Strate8


Proof?
M R E

User ID: 71630411
United States
01/31/2021 04:13 PM

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Re: Silver is selling out, stores rush to restock
Can you eat silver?...watch wheat and corn fututes
 Quoting: Anonymous Coward 77950187



all commodities have been up lately, reacting to Inflationary money printing that is going on!
would rather have it & not need it then need it & not have it
Anonymous Coward
User ID: 72639256
United States
01/31/2021 04:14 PM
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Re: Silver is selling out, stores rush to restock
SLV paper? LOL Yeah right... seal

Anonymous Coward
User ID: 79051161
United States
01/31/2021 04:14 PM
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Re: Silver is selling out, stores rush to restock
Why silver, why not gold?
Anonymous Coward
User ID: 79859560
United States
01/31/2021 04:15 PM
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Re: Silver is selling out, stores rush to restock
Citadel is long SLV

BUYING SLV is bailing out Citadel from their GME short.

Wake the fuck up.

 Quoting: Strate8




Yes, the ONLY way to break the commercials is to buy physical, and demand delivery.

 Quoting: Anonymous Coward 79321299


Buy SLV and COMEX and Stand for Delivery!
Anonymous Coward
User ID: 72639256
United States
01/31/2021 04:15 PM
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Re: Silver is selling out, stores rush to restock
Why silver, why not gold?
 Quoting: Anonymous Coward 79051161


Higher price point, fewer people getting in, but it's next.

My ebay bookmarks show about 20 Au Birds sold today since silver ones are on full stop!
Fhirinne

User ID: 79463692
United Kingdom
01/31/2021 04:21 PM
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Re: Silver is selling out, stores rush to restock
i tried to buy online here in Holland also but all is sold out.

Even those that say delivery in a few days cancel out once you want to order them.

Something big is happening...
 Quoting: NIMST3R


Have you tried aurinum.de Hes pretty good and had a fair amount of coins from him last year if thats what you looking for.

goldsilver.be has both coins and bars in stock

coininvest is good too

and of course the EU mint
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Anonymous Coward
User ID: 79895689
Australia
01/31/2021 04:24 PM
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Re: Silver is selling out, stores rush to restock
Ainslie bullion Brisbane. Australia still has silver as the world hasnt got round to us yet..


[link to www.ainsliebullion.com.au (secure)]


.
Ninbit

User ID: 79343222
United States
01/31/2021 04:29 PM
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Re: Silver is selling out, stores rush to restock
Trump Fighter 1oz Silver Coin

[link to www.dismecoins.com (secure)]
Ninbit
Anonymous Coward
User ID: 77471121
Netherlands
01/31/2021 04:30 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002



until you need something that isn't food
 Quoting: Anonymous Coward 65942580


One ounce of silver in Venezuela will feed a family of 4 for four months
 Quoting: Silverback


NO IT WONT BOT!

1 large Bag of rice will feed a family of 4 for a month
Anonymous Coward
User ID: 77471121
Netherlands
01/31/2021 04:35 PM
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Re: Silver is selling out, stores rush to restock
...



until you need something that isn't food
 Quoting: Anonymous Coward 65942580


One ounce of silver in Venezuela will feed a family of 4 for four months
 Quoting: Silverback


Source? It seems extreme.
 Quoting: kelu



 Quoting: Anonymous Coward 79173575


stopposting1

Thats why they want a crypto currency so markets dont manipulate their currency.

What you showing us means jack sh1t$
Anonymous Coward
User ID: 77119396
United States
01/31/2021 04:35 PM
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Re: Silver is selling out, stores rush to restock
Sure they do. I've bought and sold all sorts of things at gun shows and in parking lots. Ever heard of craigslist? Armslist?
 Quoting: Anonymous Coward 3330740


Sounds like a death wish for single ladies.
Ninbit

User ID: 79343222
United States
01/31/2021 04:39 PM
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Re: Silver is selling out, stores rush to restock
ANTIQUE SILVER you can get.

[link to www.sedlerantiques.com (secure)]

Last Edited by Ninbit on 01/31/2021 04:41 PM
Ninbit
Anonymous Coward
User ID: 79807796
United States
01/31/2021 04:42 PM
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Re: Silver is selling out, stores rush to restock
What's the problem? Plenty of silver bullion available on ebay
Anonymous Coward
User ID: 2066987
United States
01/31/2021 04:44 PM
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Re: Silver is selling out, stores rush to restock
And what will all of you do with this silver? Wait for it to crash and sell it back a the same price you bought it? You can't use it at McDonalds.
Anonymous Coward
User ID: 79728707
United States
01/31/2021 04:46 PM
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Re: Silver is selling out, stores rush to restock
Well I just bought Buffalo Replica 1oz .999 Silver Medallion 10pc I know it's not a lot, but I don't have a lot of money.
Hope it's worth it!
 Quoting: Anonymous Coward 79624051


As long as it really is .999 you have done good.
 Quoting: Anonymous Coward 79854840


Got from SilverTowne.com
very nervous
 Quoting: Anonymous Coward 79624051


LOL, SilverTowne.com site is down for "maintenance"
Anonymous Coward
User ID: 79590488
United States
01/31/2021 04:47 PM
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Re: Silver is selling out, stores rush to restock
In my self directed 401k I was 100% long AGQ (2x SLV) but decided to sell Friday and put most into PSLV. Oh well, at least I'm in something. Long time physical holder too, added 200 more oz Friday to the stack.
Anonymous Coward
User ID: 18801246
United States
01/31/2021 04:47 PM
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Re: Silver is selling out, stores rush to restock
Most all the same are stopping silver sales until monday...

similar at most .. : "

*** Attention: Due to extremely high weekend volume, we cannot accept any more new orders until global markets open on Sunday night. ***

...Due to massive demand, we are NOT TAKING NEW ORDERS until we ship all recent orders. If you have a question about a recent order or wish to sell to us, please email us and include all necessary details so we can get right back to you. -BGASC

====Update: Due to unprecedented silver demand, SD Bullion is unable to accept any additional orders until the market opens Sunday evening.====

...
Attention Customers: Due to increased order volume, we are currently experiencing shipping delays of 5-10 days from cleared payment. ...

:
: [link to www.theepochtimes.com (secure)]





GLP