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Best place to buy silver bullion?

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  • I never said silver has become unobtainable but as has been said is becoming such

    demand is greater than supply 
  • Robinhoody
    Robinhoody Posts: 76 Forumite
    10 Posts
    edited 14 February 2021 at 12:41PM
    firestone said:
    firestone said:
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
    They didn't say that silver is unobtainable but that it's becoming unobtainable, something that is correct.
    Just have a look at the major bullion dealers in the UK. 

    ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
    https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE

    It's a similar story with Bullion by post with far more out of stock than available:
    https://www.bullionbypost.co.uk/silver-coins/
    https://www.bullionbypost.co.uk/silver-bars/

    Chards have only 1 type of silver bar in stock:
    https://www.chards.co.uk/products/low-premium-silver-bullion-coins

    I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.

    Pretty sure some of the other posts say unobtainable rather then the One i quoted which says becoming but hands up if i am wrong.
    But is it not fair to say that dealers have been caught out by a rush to buy bars and coins by short term publicity and demand as some are holding stock as you say or most are saying order now and we will deliver when our next shipment comes in?
    Is it not a bit like this time last year when loo rolls were becoming unobtainable at the retail point but the supply chain was holding more then enough?
    You are obviously a long term buyer but as usual when something takes hold fast there will be winners and losers and i am guessing its more likely to be the dealers rather then the majority of social media buyers but its something else to watch during lock down and good luck to those who are in
    The difference between loo rolls is that they can easily be increased in supply to meet increasing demand.

    silver is getting depleted from the earths crust so much so that the mined ratio to gold has halved. It used to be around 16 parts silver were mined for every one part gold and now it’s about halved to 8 parts silver to part gold.

    all the large deposits of silver have been depleted and now it’s mainly a by production product from other mines 


    so as demand increases both from investors and industry where will the extra silver come from?
  • firestone
    firestone Posts: 520 Forumite
    500 Posts Third Anniversary Name Dropper
    edited 14 February 2021 at 1:54PM
    firestone said:
    firestone said:
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
    They didn't say that silver is unobtainable but that it's becoming unobtainable, something that is correct.
    Just have a look at the major bullion dealers in the UK. 

    ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
    https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE

    It's a similar story with Bullion by post with far more out of stock than available:
    https://www.bullionbypost.co.uk/silver-coins/
    https://www.bullionbypost.co.uk/silver-bars/

    Chards have only 1 type of silver bar in stock:
    https://www.chards.co.uk/products/low-premium-silver-bullion-coins

    I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.

    Pretty sure some of the other posts say unobtainable rather then the One i quoted which says becoming but hands up if i am wrong.
    But is it not fair to say that dealers have been caught out by a rush to buy bars and coins by short term publicity and demand as some are holding stock as you say or most are saying order now and we will deliver when our next shipment comes in?
    Is it not a bit like this time last year when loo rolls were becoming unobtainable at the retail point but the supply chain was holding more then enough?
    You are obviously a long term buyer but as usual when something takes hold fast there will be winners and losers and i am guessing its more likely to be the dealers rather then the majority of social media buyers but its something else to watch during lock down and good luck to those who are in
    The difference between loo rolls is that they can easily be increased in supply to meet increasing demand.

    silver is getting depleted from the earths crust so much so that the mined ratio to gold has halved. It used to be around 16 parts silver were mined for every one part gold and now it’s about halved to 8 parts silver to part gold.

    all the large deposits of silver have been depleted and now it’s mainly a by production product from other mines 


    so as demand increases both from investors and industry where will the extra silver come from?
    You have obviously invested more time and research (and maybe money) then my meagre knowledge but i would guess industry is changing all the time so where Silver was required in say the use of film/photo products its now less but perhaps being used in medical more then before.Within them changes industry over the decades has shown it can adapt(i believe i read last year that recycled Silver is at its highest level ever as an example?) and in the future it might be another replacement metal or mineral that's required.
    I'm sure you will not lose money so good luck and enjoy the ride .
  • Robinhoody
    Robinhoody Posts: 76 Forumite
    10 Posts
    edited 14 February 2021 at 6:15PM
    firestone said:
    firestone said:
    firestone said:
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
    They didn't say that silver is unobtainable but that it's becoming unobtainable, something that is correct.
    Just have a look at the major bullion dealers in the UK. 

    ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
    https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE

    It's a similar story with Bullion by post with far more out of stock than available:
    https://www.bullionbypost.co.uk/silver-coins/
    https://www.bullionbypost.co.uk/silver-bars/

    Chards have only 1 type of silver bar in stock:
    https://www.chards.co.uk/products/low-premium-silver-bullion-coins

    I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.

    Pretty sure some of the other posts say unobtainable rather then the One i quoted which says becoming but hands up if i am wrong.
    But is it not fair to say that dealers have been caught out by a rush to buy bars and coins by short term publicity and demand as some are holding stock as you say or most are saying order now and we will deliver when our next shipment comes in?
    Is it not a bit like this time last year when loo rolls were becoming unobtainable at the retail point but the supply chain was holding more then enough?
    You are obviously a long term buyer but as usual when something takes hold fast there will be winners and losers and i am guessing its more likely to be the dealers rather then the majority of social media buyers but its something else to watch during lock down and good luck to those who are in
    The difference between loo rolls is that they can easily be increased in supply to meet increasing demand.

    silver is getting depleted from the earths crust so much so that the mined ratio to gold has halved. It used to be around 16 parts silver were mined for every one part gold and now it’s about halved to 8 parts silver to part gold.

    all the large deposits of silver have been depleted and now it’s mainly a by production product from other mines 


    so as demand increases both from investors and industry where will the extra silver come from?
    You have obviously invested more time and research (and maybe money) then my meagre knowledge but i would guess industry is changing all the time so where Silver was required in say the use of film/photo products its now less but perhaps being used in medical more then before.Within them changes industry over the decades has shown it can adapt(i believe i read last year that recycled Silver is at its highest level ever as an example?) and in the future it might be another replacement metal or mineral that's required.
    I'm sure you will not lose money so good luck and enjoy the ride .
    Actually digital photography depletes more silver than the old way, 

    its still not cost effective to retrieve silver from waste until the price gets nearer to gold which is cost effective to retrieve from waste

    the more we move into a technical age the more silver is consumed 

    Any way you look at it the price has to correct up and hats before the investment demand like gold
    nothing can replace silver as it as it is the most- electrically conductive, reflective, thermally conductive and anti bacterial, anti viral anti microbial element of the periodic table 
  • Can believe the other uses and I probably know as much about digital photography as i do about the Silver market but its kinda hard to believe it uses more?According to the Silver Institute review 2020 in their words a minor component of silver demand is now photography which has declined nearly every year since  the advent of digital - so does not sound like its now more?
    But i am going to get my Esso world cup silver coin collection out the loft
  • firestone said:
    Can believe the other uses and I probably know as much about digital photography as i do about the Silver market but its kinda hard to believe it uses more?According to the Silver Institute review 2020 in their words a minor component of silver demand is now photography which has declined nearly every year since  the advent of digital - so does not sound like its now more?
    But i am going to get my Esso world cup silver coin collection out the loft
    The old way did use a lot of silver but the new way uses up even more.

    now every human on the planet has multiple electric devices all consuming uneconomic to recover amounts of silver

    this is why David Morgan say digital photography consumes and depletes more silver than the old photography 
  • firestone said:
    firestone said:
    firestone said:
    So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
    Larger or smaller it doesn’t make that much difference 

    mu point is that the price of real silver is a hell of a lot more than the paper lie


    the price has disconnected 

    if you invest in paper you won’t make as much profits or do as well as if you get real bullion

    silver is fast becoming unobtainable 

    Apart from maybe ramping why are you saying its unobtainable? You could buy bars when this thread started and you could buy yesterday so not really unobtainable?
    They didn't say that silver is unobtainable but that it's becoming unobtainable, something that is correct.
    Just have a look at the major bullion dealers in the UK. 

    ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
    https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE

    It's a similar story with Bullion by post with far more out of stock than available:
    https://www.bullionbypost.co.uk/silver-coins/
    https://www.bullionbypost.co.uk/silver-bars/

    Chards have only 1 type of silver bar in stock:
    https://www.chards.co.uk/products/low-premium-silver-bullion-coins

    I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.

    Pretty sure some of the other posts say unobtainable rather then the One i quoted which says becoming but hands up if i am wrong.
    But is it not fair to say that dealers have been caught out by a rush to buy bars and coins by short term publicity and demand as some are holding stock as you say or most are saying order now and we will deliver when our next shipment comes in?
    Is it not a bit like this time last year when loo rolls were becoming unobtainable at the retail point but the supply chain was holding more then enough?
    You are obviously a long term buyer but as usual when something takes hold fast there will be winners and losers and i am guessing its more likely to be the dealers rather then the majority of social media buyers but its something else to watch during lock down and good luck to those who are in
    The difference between loo rolls is that they can easily be increased in supply to meet increasing demand.

    silver is getting depleted from the earths crust so much so that the mined ratio to gold has halved. It used to be around 16 parts silver were mined for every one part gold and now it’s about halved to 8 parts silver to part gold.

    all the large deposits of silver have been depleted and now it’s mainly a by production product from other mines 


    so as demand increases both from investors and industry where will the extra silver come from?
    You have obviously invested more time and research (and maybe money) then my meagre knowledge but i would guess industry is changing all the time so where Silver was required in say the use of film/photo products its now less but perhaps being used in medical more then before.
    Silver use in photography has dropped but the use of silver in other industries has risen.
    One of the main industrial uses of silver is now the manufacture of solar panels and this is going to continue to be the case for quite a few years due to silver being the best electrical conductor there is (at room temperature).
    Until something better and cheaper is discovered or designed, the demand for silver for this particular application is only going to keep going up.
  • Looking like the silver short squeeze is going to be successful 

    21st Feb the next delivery date, will they be able to find the silver?
  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    edited 15 February 2021 at 7:16PM
    Looking like the silver short squeeze is going to be successful 

    21st Feb the next delivery date, will they be able to find the silver?
    There will be no issues at all. If the bullion is not available then the exchanges will settle in cash; no drama.
  • Looking like the silver short squeeze is going to be successful 

    21st Feb the next delivery date, will they be able to find the silver?
    There will be no issues at all. If the bullion is not available then the exchanges will settle in cash; no drama.
    Industrial users can’t use paper to make electronic items
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