How high will.silver go?

[Anonymous]

Anonymous wrote:I’m not in silver but I’m continuing to buy gold.

Yep! You get it. Only safe asset at the moment. S&P is going to fold like a wet blanket soon. International stocks are flying right now, but honestly I only feel safe in gold.

[Anonymous]

Where can I sell Morgan silver dollars for maximum value?

I have a bunch of these. Each has 0.77344 ounces of silver, so $85.40 worth of silver with spot price where it is ($110.42/ounce). I called two local coin stores today and was told they still are paying only $60 for circulated condition Morgan dollars and haven't adjusted what they're willing to pay yet due to volatility of silver spot price.

[Anonymous]

Anonymous wrote:

Where can I sell Morgan silver dollars for maximum value?

I have a bunch of these. Each has 0.77344 ounces of silver, so $85.40 worth of silver with spot price where it is ($110.42/ounce). I called two local coin stores today and was told they still are paying only $60 for circulated condition Morgan dollars and haven't adjusted what they're willing to pay yet due to volatility of silver spot price.

I don't blame the coin stores...silver has shot up $40/ounce in just the last month. They don't want to pay you $85 just to turn around and try to sell it in a month when silver possibly drops $40/ounce.

They need it to settle at these levels to feel comfortable raising their price.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Where can I sell Morgan silver dollars for maximum value?

I have a bunch of these. Each has 0.77344 ounces of silver, so $85.40 worth of silver with spot price where it is ($110.42/ounce). I called two local coin stores today and was told they still are paying only $60 for circulated condition Morgan dollars and haven't adjusted what they're willing to pay yet due to volatility of silver spot price.

I don't blame the coin stores...silver has shot up $40/ounce in just the last month. They don't want to pay you $85 just to turn around and try to sell it in a month when silver possibly drops $40/ounce.

They need it to settle at these levels to feel comfortable raising their price.

Usually they run short positions to hedge the price fluctuation of current inventory.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Where can I sell Morgan silver dollars for maximum value?

I have a bunch of these. Each has 0.77344 ounces of silver, so $85.40 worth of silver with spot price where it is ($110.42/ounce). I called two local coin stores today and was told they still are paying only $60 for circulated condition Morgan dollars and haven't adjusted what they're willing to pay yet due to volatility of silver spot price.

I don't blame the coin stores...silver has shot up $40/ounce in just the last month. They don't want to pay you $85 just to turn around and try to sell it in a month when silver possibly drops $40/ounce.

They need it to settle at these levels to feel comfortable raising their price.

Usually they run short positions to hedge the price fluctuation of current inventory.

The local coin dealer who looks like they are one month away from defaulting on their rent?