/biz/ - Business & Finance

>>49643629
hm I wonder

>>49643629
It's not going up. It only appears to when you look at dealers with extreme premiums or ebay and when you don't factor in the ~20% tax of EU-based dealers. You might has well look at the prices of numismatics (rare coins) and say "hurr durr it's going up".

There are dealers who don't charge you extreme premiums. For example:
https://www.europeanmint.com/2022-1oz-tokelau-silver-bull-bear-coin/
https://goldsilver.be/en/coins/4269-tokelau-1-oz-silver-goddess-europa-5.html

>>49643629
the price of silver eagles has been insane since 2020. i'm not sure who buys them at this premium. look at the price of a kilo bar for a better estimate.

>>49644065
So don't buy from dealers who charge such extreme premiums then. Nobody is forcing you to pay $38 for a 1oz coin like in the OP pic.

>>49643629
because paper silver and gold is a scam, you should only buy it physical.

>>49644122
even at reasonable dealers premiums are getting stickier, diverging less from spot and taking longer to decline. good luck getting delivery from comex too lol, unless you're an institutional customer they'll jerk you around and eventually settle in cash. physical silver market is a joke but I don't expect it to blow up any time soon because the goyim love eating shit too much, physical supply could disappear and they'd just go "WOW I GUESS COVID/PUTIN IS CAUSING SUPPLY CHAIN ISSUES", spot price would barely move, and private sale prices would still be constrained by numbers on the screen. I'm pretty blackpilled on bullion, if the retarded masses woke up this clown market could end any time but again, everyone loves eating shit.

>>49644572
*diverging further from spot

>>49644035
That's because nobody wants to buy your nobody minted coins. Yes the metal value matters, but the mint matters as well. Nations still issued their own coins, even though gold is gold. The mint matters now as PM's aren't official seen as money. If things go back to the way things were it'd stabilize but then the metal value would jump so the difference in "premium: would diminish.
>>49644122
Eagle premiums are just that, premiums. The USD is world's premier currency and American Silver Eagles are the premier silver currency.
>>49644572
The best way to buy silver eagles is finding old people on craigslist. Or contacting old people irl. I get ASEs for a little over spot with rare dates from geezers in the south here. They don't care, they just want cash.

>>49643629
Jews