/biz/ - Business & Finance

buying tons of silver with high premiums isn't gonna do much to the market price. You're just making silver dealers rich.

Look at this graph from 2015, when premiums rose because people were buying silver coins like mad, much like now. Then look at the silver price over the last ten years, and notice how nothing remarkable at all happened to the silver price in 2015.

Retail coins and bars are a small part of the demand for silver, they cannot move the needle over night even when demand triples. You just get higher premiums, because the mints aren't fast enough. Now when the electronics industry for example needs more silver than can be mined, THEN we can talk about the silver price rising and Comex defaulting. Also consistent buying over a long time period by a large number of people will make the mint infrastructure grow and slowly influence the price.

If you're gonna buy at these premiums, just buy enough so you won't kys on the off chance it moons, but not so much that you'll get angry if prices go down by 50%. Look at it like a lottery ticket rather than a serious investment.

When the mints have caught up, bullion dealers have restocked and premiums are down again, then you can buy some more, and get much more silver for your money.

buying tons of silver with high premiums isn't gonna do much to the market price. You're just making silver dealers rich.

Look at this graph from 2015, when premiums rose because people were buying silver coins like mad, much like now. Then look at the silver price over the last ten years, and notice how nothing remarkable at all happened to the silver price in 2015.

Retail coins and bars are a small part of the demand for silver, they cannot move the needle over night even when demand triples. You just get higher premiums, because the mints aren't fast enough. Now when the electronics industry for example needs more silver than can be mined, THEN we can talk about the silver price rising and Comex defaulting. Also consistent buying over a long time period by a large number of people will make the mint infrastructure grow and slowly influence the price.

If you're gonna buy at these premiums, just buy enough so you won't kys on the off chance it moons, but not so much that you'll get angry if prices go down by 50%. Look at it like a lottery ticket rather than a serious investment.

When the mints have caught up, bullion dealers have restocked and premiums are down again, then you can buy some more, and get much more silver for your money.

buying tons of silver with high premiums isn't gonna do much to the market price. You're just making silver dealers rich.

Look at this graph from 2015, when premiums rose because people were buying silver coins like mad, much like now. Then look at the silver price over the last ten years, and notice how nothing remarkable at all happened to the silver price in 2015.

Retail coins and bars are a small part of the demand for silver, they cannot move the needle over night even when demand triples. You just get higher premiums, because the mints aren't fast enough. Now when the electronics industry for example needs more silver than can be mined, THEN we can talk about the silver price rising and Comex defaulting. Also consistent buying over a long time period by a large number of people will make the mint infrastructure grow and slowly influence the price.

If you're gonna buy at these premiums, just buy enough so you won't kys on the off chance it moons. Look at it like a lottery ticket rather than a serious investment.

When the mints have caught up, bullion dealers have restocked and premiums are down again, then you can buy some more, and get much more silver for your money.

buying tons of silver with high premiums isn't gonna do much to the market price. You're just making silver dealers rich.

Look at this graph from 2015, when premiums rose because people were buying silver coins like mad, much like now. Then look at the silver price over the last ten years, and notice how nothing remarkable at all happened to the silver price in 2015.

Retail coins and bars are a small part of the demand for silver, they can barely move the needle even when demand doubles. Now when the electronics industry for example needs more silver than can be mined, THEN we can talk about the silver price rising and Comex defaulting.

If you have no silver at all, maybe buy just enough so you won't kys on the off chance it moons. Look at it like a lottery ticket rather than a serious investment.

When the mints have caught up, bullion dealers have restocked and premiums are down again, then you can buy some more, and get much more silver for your money.

>>27644655
guys, buying tons of silver with these premiums isn't gonna do much to the market price. You're just making silver dealers rich.

Look at this graph from 2015, when premiums rose because people were buying silver coins like mad, much like now. Then look at the silver price over the last ten years, and notice how nothing remarkable at all happened to the silver price in 2015.

Retail coins and bars are a small part of the demand for silver. Now when the electronics industry for example needs more silver than can be mined, THEN we can talk about the silver price rising.

>>27589558
silver price is fairly high right now, premiums even higher due to recent demand.
Get maybe a few ounces just so you don't kys in case it moons, but for serious investment I'd wait until it goes down to better prices again.