Silver to $250 an oz...

[andycrazn]

the bars havent come in yet. im looking to lock in another 100oz. il set up a contract with my jeweler for that. anyone that wants in pm me and il give you my number.

i made a piece out of the scottsdale omnia rounds

 

[andrew630]

Bought 200 oz at $41.99. Let it rollllllllllllllllllllll.

 

[andycrazn]

Originally Posted by CasperJr

Originally Posted by Noskey

Originally Posted by CasperJr

I got mine from scottdale silver 

Me too. Free shipping on that 1 ounce option too

I'm up to 3oz now

for got about that I may do that to stack faster then waiting until I can buy 10oz at a time

you will be paying a higher premium by buying smaller amounts than bigger. look at the prices for 1oz 10oz and 100oz. the more you buy the cheaper it is like wholesale BUT you will never go below spot

 

[andycrazn]

Originally Posted by CasperJr

Originally Posted by Noskey

Originally Posted by CasperJr

I got mine from scottdale silver 

Me too. Free shipping on that 1 ounce option too

I'm up to 3oz now

for got about that I may do that to stack faster then waiting until I can buy 10oz at a time

you will be paying a higher premium by buying smaller amounts than bigger. look at the prices for 1oz 10oz and 100oz. the more you buy the cheaper it is like wholesale BUT you will never go below spot

 

[andycrazn]

i know that we all want silver to go up but WE NEED A CORRECTION. if you look at it from a contrarian point of view. alot of people JUST woke up to silver at around 40 dollars an oz + it went up too fast imo. so we need it to go down to shake off the weak players before heading up.

 

[andycrazn]

i know that we all want silver to go up but WE NEED A CORRECTION. if you look at it from a contrarian point of view. alot of people JUST woke up to silver at around 40 dollars an oz + it went up too fast imo. so we need it to go down to shake off the weak players before heading up.

 

[og kusherton]

haze < kush  ...don't even bother arguing that one homie

 

[og kusherton]

haze < kush  ...don't even bother arguing that one homie

 

[tommykairaa]

 

[tommykairaa]

 

[joe billionaire]

does the brand or markings on the silver have anything to do with value?

 

[joe billionaire]

does the brand or markings on the silver have anything to do with value?

 

[capone125]

So after buying these silver bars where do you sell them when you're ready to sell?

 

[capone125]

So after buying these silver bars where do you sell them when you're ready to sell?

 

[devildog1776]

you sell them to people that sell PMs too. There are many people willing to buy at any price.. Dealers are everywhere just gotta look...


it went up fast but there was ALOT of sideways movement going on while everyone was watching GOLD for the burst past 1000 silver was just going through the motions...

the reason for the big jump in the past 6 months have been because more people are waking up AND CHINA IS HOARDING SILVER FOR THE FIRST TIME AS A NATION...

you do the math

 

[devildog1776]

you sell them to people that sell PMs too. There are many people willing to buy at any price.. Dealers are everywhere just gotta look...


it went up fast but there was ALOT of sideways movement going on while everyone was watching GOLD for the burst past 1000 silver was just going through the motions...

the reason for the big jump in the past 6 months have been because more people are waking up AND CHINA IS HOARDING SILVER FOR THE FIRST TIME AS A NATION...

you do the math

 

[devildog1776]

48.50

 

[devildog1776]

48.50

 

[awon23]

Does it matter whether or not they're coins, bars, or whatever else?

 

[awon23]

Does it matter whether or not they're coins, bars, or whatever else?

 

[elgrenas]

is it smart to invest 1grand to start off. im really looking to invest in something like this.

 

[elgrenas]

is it smart to invest 1grand to start off. im really looking to invest in something like this.

 

[andrew630]

stay strong fellas, what a huge drop

 

[andrew630]

stay strong fellas, what a huge drop

 

[biguglyamerican]

hehehehe

MASSIVE AMOUNT OF GOLD & SILVER OPTION EXERCISED!


COMEX Warehouse Stocks Apr 27, 2011


SILVER
ZERO ozs withdrawn from the dealer’s (registered) inventory
104,493 ozs withdrawn from the customer (eligible) inventory
Total dealer inventory 33.32 Mozs
Total customer inventory 68.42 Mozs
Combined Total 101.65 Mozs

GOLD
2,499 ozs deposited in the dealers (registered) category
322 ozs withdrawn from the customer (eligible) category
Total dealer inventory 1.83 Mozs
Total customer inventory 9.20 Mozs
Combined Total 11.03 Mozs

There were paltry movements of gold in and out of the warehouse but 148 kozs of gold were transferred from the dealer inventory to the customer inventory by an internal adjustment. In silver 0.1 Mozs were withdrawn from the customer inventory. There was a massive 2.4 Mozs transferred from the dealer inventory to the customer inventory by an internal adjustment. There are 26,890 contracts still open for MAY with first notice day on Friday!

There were 191 delivery notices issued in the APR gold contract. The APR gold delivery notice total for the month is 3,884 notices or 388,400 ozs.


There were 81 delivery notices issued in the APR silver contract. The APR silver delivery notice total for the month is 312 or 1.58 Mozs.


The OI in APR silver stands at 110 contracts (an INCREASE of 31) while in gold it stands at 382 contracts. The potential gold delivery for the month is 426,600 ozs or 22% of the registered inventory.

In a stunning development yesterday 18,366 MAY GOLD CALL options were EXERCISED for futures contracts and 21,721 MAY SILVER CALL options were EXERCISED for futures. If these are not settled in a backroom cash deal for large premiums a default is looming.