Replies to post #18770 on ***Precious Metals Investors Club***

[White Cobra]

Why Do You Think They Would Be Closing Shop?


SP,

Why do you think silver and gold buyers would be closing shop? Do you really think PMs are on a permanent decline with no hope of an upside. If so, I would like to know why you think so.

I have a decent amount of sterling I would like to unload some time soon for similar reasons you listed. I am counting on an upswing later in the year. Do you think this is likely or not?

[SilverEagle]

My local collector shop is buying 90% junk silver for 87% of the spot price. Every $1FV(face value), they pay $21.00. I'm sure it's better than any other pawn shop or "WE BUY GOLD AND SILVER" shop....
What do you think about this deal?
Even you sell on ebay, there is shipping cost and 9~11% seller fee...

I have about $300 FV of Junk silver that I am considering of liquidating with them. That is worth $6300.
I just need to sell some silver to become debt free... UGGGGGG