Silver at $29 — buying?
Spot is $31 right now. I'm buying every dip. My premium target is $2 over spot.
What's your buy strategy when spot moves?
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Spot is $31 right now. I'm buying every dip. My premium target is $2 over spot.
What's your buy strategy when spot moves?
Log in to reply to this discussion.
5 Replies
Welcome to the addiction lol. Your wallet will never recover.
Great info here. Bookmarking this thread for later.
At $31 spot I'm definitely buying constitutional silver when I can find it under $25x face value. Been stacking since 2020 and learned not to chase every dip... but this feels like a good entry point. Just picked up $50 face value Walking Liberties yesterday.
I'm buying but not going crazy. Picked up some generic rounds last week at $3 over spot. Not sure about $2 over though - that's pretty tight unless you're buying huge quantities?
$2 over spot is dealer pricing territory. Been in this business 15 years and that's basically what I pay wholesale on large orders. You finding that at coin shows or online? Most retail I'm seeing is $4-5 over minimum, even on junk silver.