Robinhood is nothing but a bad guy liquidity pool IMO. Avoid them like the plague. Though, noting what they ban might be a decent indication of what you want to own.
#silversqueeze
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Well it looks like the head of the US Mint has been shown the door. Will Eagle premiums come down now? Just checked my LCS and they had some but were like $5 premium still.
Report cited in the video:
Gibson retires from Mint Director's position
Ventris C. Gibson has elected to retire from government service and will leave her position as the director of the United States Mint with two years left in her appointed term.
www.coinworld.com
If they stop making one cent coins which is 60% of the mint's production capacity they should have more time for profit generating ventures. The one dollar bill is probably next to get eliminated.
Viking
Yellow Jacket
Seems legit.
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Comex silver bars are industrial size, 1k oz, 30 kg.
You don't have rooms in your house, you have vaults!
Viking
Yellow Jacket
Viking
Yellow Jacket
I still have some space left. Just let me know when to be there to accept delivery.
Helped my mom exchange some gold for silver here recently. Did not end up getting her a great deal but oh well, she was happy. Cleaned the LCS of Buffalos because someone else had already claimed a couple hundred. Ended up with a tube or two of some real random 1 oz rounds. They had a nice Kilo Germania mint bar I need to go back for...
Holy cow, just checked Apmex and they are selling Buffalos at $4 over spot? WTH did they just up premiums for this squeeze? Maybe I didn't get such a bad deal. Yeah SD has better pricing.
Holy cow, just checked Apmex and they are selling Buffalos at $4 over spot? WTH did they just up premiums for this squeeze? Maybe I didn't get such a bad deal. Yeah SD has better pricing.
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No, they up premiums following up demand. That's how bullion dealers work.
That's why this silversqueeze / "end JP Morgan" initiative is so naive. People end up paying more and buying less.
If you want to take silver bullion out of the market, buy allocated silver at spot.
How allocated is it if you are paying zero premium? That's kinda a red flag in my book.
Viking
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How much premium is needed so that you believe it's allocated?
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Right now you can buy allocated silver (1kg cast bar) in Dubai at US$34.80/oz
abx.com
Spot is 34.30
You think ABX it's a scam - with the auditors, Inspectorate General/Bureau Veritas, a 150 years old company and one of the most renown auditing company worldwide, being involved in it - because the premium is too low.
Well either you are right or you are needlessly paying stupid premiums to your bullion dealer Voodoo : )
Allocated Bullion Exchange | ABX
Allocated Bullion Exchange is the first electronic exchange for physical precious metals trading. Trade gold bullion with improved efficiency and pricing.
Spot is 34.30
You think ABX it's a scam - with the auditors, Inspectorate General/Bureau Veritas, a 150 years old company and one of the most renown auditing company worldwide, being involved in it - because the premium is too low.
Well either you are right or you are needlessly paying stupid premiums to your bullion dealer Voodoo : )