Gold and silver prices are down

[AppleSeeds]

https://www.costco.com/.product.1887701.html?&ADBUTLERID=homepage_banner_pamp

Can't sign in, what's the cost?

 

[Parker Schreiber]

$27,199.99 as of this writing. Kitco is quoting a spot ask of 2,681.30, and are asking 27,316.60 cash price for a similar bar.

 

[Win]

Going to head up to the Nashua show tomorrow morning. Silver dip happened just in time for my Christmas shopping. I usually like to wait for surging prices when I panic buy in but I don’t have time to wait.

 

[richc]

Can't sign in, what's the cost?

$27,199

 

[richc]

$27,199.99 as of this writing. Kitco is quoting a spot ask of 2,681.30, and are asking 27,316.60 cash price for a similar bar.

If you have a Costco credit card you get another 2% off. Executive membership is 4% off. Ends up being below spot price.

 

[Individualist]

Can I get a better discount if I buy a dozen?

 

[grey]

Going to head up to the Nashua show tomorrow morning. Silver dip happened just in time for my Christmas shopping. I usually like to wait for surging prices when I panic buy in but I don’t have time to wait.

That's our christmas gift for the neices and nephews - 2024 silver dollars BU in snap cases with an explanation of what it is stating it's worth more than a dollar

 

[Individualist]

That's our christmas gift for the neices and nephews - 2024 silver dollars BU in snap cases with an explanation of what it is stating it's worth more than a dollar

That’s the way to do it grey. Bravo! I still give my kids and their SO’s a piece of silver every year. My nieces and nephews are libtard f***s who would just sell it for hair dye or pot so screw them.

 

[Coyote33]

Doing that for the kids and grand-nephew/grand-nieces also I think, if I can get some locally.

 

[grey]

Doing that for the kids and grand-nephew/grand-nieces also I think, if I can get some locally.

Hard to beat SD, quick shipping too

Precious Metals Dealer | Buy Gold & Silver Online - SD Bullion

Buy Gold, Silver & Platinum Bullion Coins and bars online at the trusted leader in precious metals. Fast, free secure shipping with the lowest prices online.

sdbullion.com

 

[Trafficdiver]

https://www.costco.com/.product.1887701.html?&ADBUTLERID=homepage_banner_pamp

 

[DJBrad]

Back to $2500 Gold and $28 silver.

 

[richc]

Ouch...

 

[DJBrad]

No santa claus rally this time around….

 

[Varmint]

Back to $2500 Gold and $28 silver.

NES is back to not notifying me of new posts to this thread.

 

[Varmint]

No santa claus rally this time around….

I think we’ll still see it in general stocks. The market will shrug this off in a day or so.

As for gold; let’s get that $2450 retest over with so we can get to $3000.

 

[meh]

I think we’ll still see it in general stocks. The market will shrug this off in a day or so.

You're probably right. Even if initial claims ticks up tomorrow, all will be well (so investors will argue) if GDP meets expectations on Friday. Then investors have two more weeks to carry on with whatever delusions they prefer. A different reality may start intruding with JOLTS on Tuesday, January 7.

 

[richc]

Once a nuke goes off in NJ prices of PM’s will head up again.

 

[richc]

These seem to be a decent buy.

https://bullionexchanges.com/catalog/product/view/id/479?utm_source=newsletter&utm_medium=email&utm_campaign=Website%20NL%20-%2012%2F19%2F2024&_kx=Wjshet0Mu99DSHQx2bclfPmuFHxVPBGHieYPsL4WwobPQBc4zfGgsfRxqB8UCJKC.UWMvJL

https://bullionexchanges.com/gold-at-spot-50-pesos-mexican-gold-coin-au-bu-random-year?utm_source=newsletter&utm_medium=email&utm_campaign=Website%20NL%20-%2012%2F19%2F2024&_kx=Wjshet0Mu99DSHQx2bclfPmuFHxVPBGHieYPsL4WwobPQBc4zfGgsfRxqB8UCJKC.UWMvJL

https://bullionexchanges.com/gold-at-spot-1-oz-canadian-gold-maple-leaf-coin-random-year-abrasions?utm_source=newsletter&utm_medium=email&utm_campaign=Website%20NL%20-%2012%2F19%2F2024&_kx=Wjshet0Mu99DSHQx2bclfPmuFHxVPBGHieYPsL4WwobPQBc4zfGgsfRxqB8UCJKC.UWMvJL

https://bullionexchanges.com/silver-at-spot-100-face-value-bag-200-coins-40-silver-kennedy-half-dollars-circ?utm_source=newsletter&utm_medium=email&utm_campaign=Website%20NL%20-%2012%2F19%2F2024&_kx=Wjshet0Mu99DSHQx2bclfPmuFHxVPBGHieYPsL4WwobPQBc4zfGgsfRxqB8UCJKC.UWMvJL

https://bullionexchanges.com/catalog/product/view/id/25317?utm_source=newsletter&utm_medium=email&utm_campaign=Website%20NL%20-%2012%2F19%2F2024&_kx=Wjshet0Mu99DSHQx2bclfPmuFHxVPBGHieYPsL4WwobPQBc4zfGgsfRxqB8UCJKC.UWMvJL

 

[Varmint]

A couple of my stink bids got triggered. Sibanye (just trying to average down a shitty position) and Aya Gold and Silver.

I have 3 more that I want more than those two, but would need a much bigger drop. The good miner stocks aren't dropping much.

 

[ASHDUMP]

Scottsdale Mint on Gab: 'Central banks are loading up on gold like it's go…'

Scottsdale Mint on Gab: 'Central banks are loading up on gold like it's going out of style. China alone grabbed 55 tonnes in October. Goldman Sachs now saying we could see $3,000/oz in 2025. The gold rush is real...

gab.com

 

[Varmint]

Scottsdale Mint on Gab: 'Central banks are loading up on gold like it's go…'

Scottsdale Mint on Gab: 'Central banks are loading up on gold like it's going out of style. China alone grabbed 55 tonnes in October. Goldman Sachs now saying we could see $3,000/oz in 2025. The gold rush is real...

gab.com

Yeah Trump is anti war and might reduce government, but neither of those have been big drivers of gold this year. Those drivers all remain or are accelerated under Trump. Like his tariffs and threatening BRICS are bullish gold.

 

[richc]

Yeah Trump is anti war and might reduce government, but neither of those have been big drivers of gold this year. Those drivers all remain or are accelerated under Trump. Like his tariffs and threatening BRICS are bullish gold.

This is not consumer demand. Allegedly this time of year the dealers end up with more sellers than buyers. People cashing in their gold and silver to pay for Christmas. I've seen some deals for constitutional silver that have no markup over spot recently.

In most cases, pricing still comes down to supply and demand. I believe the current geopolitical situation is such that demand will continue strong, accruing to the detriment of the US and dollar.

 

[Varmint]

This is not consumer demand. Allegedly this time of year the dealers end up with more sellers than buyers. People cashing in their gold and silver to pay for Christmas. I've seen some deals for constitutional silver that have no markup over spot recently.

In most cases, pricing still comes down to supply and demand. I believe the current geopolitical situation is such that demand will continue strong, accruing to the detriment of the US and dollar.

US retail PMs is a drop in the bucket - nobody buys gold in the US except us clowns - it’s Chindians buying along with central banks and institutions driving this market.

 

[richc]

US retail PMs is a drop in the bucket - nobody buys gold in the US except us clowns - it’s Chindians buying along with central banks and institutions driving this market.

Fully agree... but if the common man decides that gold and silver are must have items, watch the premiums over spot skyrocket. Remember when Silver Eagles were selling for $15 or so over spot?

 

[Varmint]

Fully agree... but if the common man decides that gold and silver are must have items, watch the premiums over spot skyrocket. Remember when Silver Eagles were selling for $15 or so over spot?

Yeah cause the US mint hates silver and refuses to increase production.

 

[Individualist]

US retail PMs is a drop in the bucket - nobody buys gold in the US except us clowns - it’s Chindians buying along with central banks and institutions driving this market.

And it appears that they’ve been buying a shit ton. What do they know that the average American doesn’t seem to know?

 

[Varmint]

And it appears that they’ve been buying a shit ton. What do they know that the average American doesn’t seem to know?

I don't know if they know something, they're probably just not as trusting of putting all their eggs into NVDA, Microstrategy and fartcoin.

 

[richc]

Yeah cause the US mint hates silver and refuses to increase production.

We as lowly consumers can make bank of higher premiums when supplies are tight.

Premiums can rise much faster than the underlying metal during strong demand.

 

[ASHDUMP]