RE: Check Price Comps When Silver Spot Price Is High
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About eight to ten weeks ago the premiums around my neck of the woods were decent for Silver Maple leafs are now up to $7. Regardless, I continue my DCA-ish strategy and not sweat the premium.
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I just can't do it at these premiums. I'll probably start looking into doing my own Sterling silver refining at this rate.
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!PIMP
There will be a point where the premium is crazy so I won't buy.
But since Travel plans are suspended this year, why not put what I didn't spend into silver? According to my retirement plan I can afford a trip to Asia this year. Another 18 months I can visit Mexico and celebrate 'Day of the Dead'. Choices, assuming hyper-inflation doesn't happen. That's based on a 8% real inflation.
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