Buyers Were Paying $40+ for 1 Ounce Silver When Silver was $26/Ounce

Tigerman

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Dec 16, 2011
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Buyers were paying $40+ for 1 ounce Silver coins when silver price was $26/ounce some 2 months back. That is 50% more than market price. After this silver price went up 26% in 26 hours.

"Crash JPMorgan". Buy 1 ounce Silver.

It is well known that JPMorgan short sells gold and silver in one day equal to the entire mining production of a full year. It is all a paper scam and will soon fall with those investing in paper gold and silver as the big losers.

Silver Price is Heavily Manipulated. Silver should be $100 to $150 an ounce today.

"Occupy Silver" Movement -- Help End Corruption of Fiat Currency?

2 months back "Occupy Silver" movement started.

Atleast reduce the dependence of world economy on fiat currency by buying 1 ounce Silver or Gold so that money-printing can be controlled by the citizens and worldwide people.

Cruise missile has 16 kg Silver. In year 1980, Silver had many industrial use but Silver reached $50 an ounce in 1980.

The historic ratio, through hundreds if not thousands of years of Gold:Silver was 1:16. If that was true today, with gold at $1700, silver would be upwards of $100. Plus, gold tends to be mined and hoarded. Silver is mined and then used. Silver should be worth much much more than it is worth today.

Silver is poor man's gold.

Read all important inforamtions here:

http://forum.bodybuilding.com/showthread.php?t=140613941
 
Buyers were paying $40+ for 1 ounce Silver coins when silver price was $26/ounce some 2 months back.

Which buyers were these? I was getting silver at less than $1 over spot for 1 ounce silver rounds.
 
There is a minting price though , i know perth mint has been selling 1oz silver coins for around $38 when spot was at 28 or so sometime this past week.If you want better deals with them you need to buy bigger denominations such as 10oz or 1 kilo coins and if you really want to cut the margin down buy silver bars and not minted coins.
 
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