Best place to buy silver bullion?

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Comments

  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    edited 15 February 2021 at 8:10PM
    That's why they buy stock in advance of need, if they are sensible that is. The bigger users will have offtake agreements with the miners. Nothing dramatic will happen to silver on the 21st, don't fret.
  • kinger101
    kinger101 Posts: 6,559 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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 you provide evidence that more silver is used in digital photography than in traditional photography?  I sincerely doubt it.  Or that silver is the most antibacterial element.  I'd have thought chlorine would be much more potent.  And polonium considering all isotopes are radioactive.



    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • That's why they buy stock in advance of need, if they are sensible that is. The bigger users will have offtake agreements with the miners. Nothing dramatic will happen to silver on the 21st, don't fret.
    Up until now they have just in time inventory 

    but yes Elon Musk and apple are thinking about stockpiling while price is still so low

    the miners would not sell in an off take agreement they just want the best price, investors are paying way over the paper price for real silver so industrial users will have to as well
  • kinger101 said:
    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 you provide evidence that more silver is used in digital photography than in traditional photography?  I sincerely doubt it.  Or that silver is the most antibacterial element.  I'd have thought chlorine would be much more potent.  And polonium considering all isotopes are radioactive.



    David Morgan provides evidence that all the digital cameras deplete more silver than the old non digital photography 
  • kinger101 said:
    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 you provide evidence that more silver is used in digital photography than in traditional photography?  I sincerely doubt it.  Or that silver is the most antibacterial element.  I'd have thought chlorine would be much more potent.  And polonium considering all isotopes are radioactive.



    David Morgan provides evidence that all the digital cameras deplete more silver than the old non digital photography 
    David Morgan also called $40 silver by end December 2020. Don't believe everything a silver dealer tells you: do your own research. You only have half the story.
  • kinger101
    kinger101 Posts: 6,559 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kinger101 said:
    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 you provide evidence that more silver is used in digital photography than in traditional photography?  I sincerely doubt it.  Or that silver is the most antibacterial element.  I'd have thought chlorine would be much more potent.  And polonium considering all isotopes are radioactive.



    David Morgan provides evidence that all the digital cameras deplete more silver than the old non digital photography 
    Does he?  Where?
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • Gadfium
    Gadfium Posts: 763 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    now every human on the planet has multiple electric devices all consuming uneconomic to recover amounts of silver
    Really? Got any evidence for this ridiculous hyperbole?

  • I think Ms. Robinhoody is trying in vain to ramp/rally moneysavingsexpert members to buy silver. I too believe silver to be a good buy but making wild claims is not the way to go about persuading intelligent people.
  • Robin..

    If you want to be taken seriously, you need to stop posting ridiculous "facts".
    Robinhoody said:
    now every human on the planet has multiple electric devices all consuming uneconomic to recover amounts of silver
    Try telling that to the millions of starving people in Africa and Asia. A great many of them can't afford to buy any food let alone "multiple electric devices".
    Robinhoody said:
    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 
    Silver might well be one of the best antibacterial metals (although many researchers think that copper just beats it) but silver most certainly isn't the best antibacterial or antiviral element. There are many other elements that are far more effective. Chlorine, bromine & iodine for example are more effective and far easier to use as antibacerial/antiviral agents.
  • Lammasu
    Lammasu Posts: 10 Forumite
    First Post
    Plenty of dealers have silver coins / bars  - try Bullion by post, Chards, Atkinsons, ATS Bullion etc. If you go to the forum's  Referrals thread there is a referral code to get a free 1 OZ Silver Britannia as new customer with Bullion by post. 
    If you want to own silver but not hold it you can try Bullion vault which allows you to buy and sell  silver remotely in London, and other other cities instantly with low premiums (n.b. you do pay storage fees though). 
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