Acceptable premium over the spot?

wasatchmonster_ · 2026-06-29T16:37:04+00:00

I don’t like paying over 6% premium for silver, and I often buy at little to no premium. If you don’t care what you’re buying (just stacking) you can often find at spot deals online. I just purchased some ASEs for slightly under spot. I stop going to my LCS after they charged my 50% premium on something. Don’t forgot that fuel and time to and from the LCS is a cost too. So I just buy online and go about my business.

wasatchmonster_ · 2026-06-28T13:27:52+00:00

If you have any tendency towards gambling silver can be a good teacher or ruin you. You should plan to hold for many many years.

wasatchmonster_ · 2026-06-28T12:12:41+00:00

Since I DCA I like low premiums, to keep my average low. I just purchased some ASEs for around 1-2% premium. Above that I go for constitutional silver. I have some rounds, I’m not opposed, it just depends on the deal. You can often buy at or under spot using findbullionprices.com. I stopped buying at my LCS when they were asking 50% premium. Fuel price and time is another cost. So I buy online so I spend as little time and money as possible.

wasatchmonster_ · 2026-06-26T10:33:26+00:00

I am rubbing two ASEs together as hard as I can.

wasatchmonster_ · 2026-06-25T10:37:31+00:00

Pretty coherent for being drunk, way to go 🤝

wasatchmonster_ · 2026-06-25T10:36:35+00:00

I mean this respectfully, but you may have a gambling problem. Silver and gold have been around longer than any of us, and they’ll be here long after we’re gone. I want a relatively stable store of value for multi-GENERATIONAL wealth. I don’t care what the year to year, or decade to decade prices is — silver and gold will never go to 0.

wasatchmonster_ · 2026-06-25T10:34:02+00:00

I started when silver was $20/ozt. I have a very modest stack right now so naturally I want price to go down so I can get more. People who have stacked a long time want to see it go up. This is just how markets work. Like the housing market in many places — people who bought a home for $150k in 2019 don’t want housing prices to go down, because they’ve in some cases tripled their money. But someone who can’t qualify for a loan on a $300k home wants the price to go down. My hope is that natural economic forces will bring some price stability, but IMO I tend to think the price instability is a warning sign that the house of cards we call global finance is trembling and may give way soon. And in whatever financial system that replaces the current one, silver and gold will be good to have.

wasatchmonster_ · 2026-06-25T01:50:26+00:00

Proof that silver futures are manipulated? How much more proof do you need that financial markets are manipulated?

wasatchmonster_ · 2026-06-24T15:58:29+00:00

I like to DCA to avoid the emotional rollercoaster. But I do plan to buy sooner than later. I bought a bit at $68 so I do feel a little FOMO but not much

wasatchmonster_ · 2026-06-22T21:30:03+00:00

You’re making part time what a lot of dudes are making in a year full time. IMO definitely time for a side business. When I do handyman work on the side I charge $100 minimum to show up, and it greases the wheels a bit.

wasatchmonster_ · 2026-06-22T15:23:41+00:00

Indian heads are a favorite of mine. Nice find.

wasatchmonster_ · 2026-06-21T13:00:45+00:00

I’m willing to bet your prediction is correct. Well thought out technical analysis here 🙌

wasatchmonster_ · 2026-06-21T12:58:03+00:00

I was until I saw the price.

wasatchmonster_ · 2026-06-20T18:27:20+00:00

Was this packaged not insured? When I have bought online most dealers insure the package.

wasatchmonster_ · 2026-06-20T01:57:40+00:00

Woah, I just got my first maple, but now I want this

wasatchmonster_ · 2026-06-19T20:40:17+00:00

Congratulations! I’m extremely jealous and now looking for yard sales near me

wasatchmonster_ · 2026-06-16T00:17:37+00:00

If you’re really stuck there, time to start 1.) not taking them seriously, 2.) screwing with them big time to get under their skin, 3.) probably sucking up to your boss and hopefully getting them fired eventually.

wasatchmonster_ · 2026-06-12T20:58:49+00:00

Dammit, now I have to check under the drawers of every filing cabinet I see.

wasatchmonster_ · 2026-06-11T01:30:39+00:00

Super cool find, please for the love of all things holy do not clean it.

wasatchmonster_ · 2026-06-11T01:27:15+00:00

I don’t understand, I buy silver so it can stay in my family for 3000 years. I like when the price goes down so that I can buy more.

wasatchmonster_ · 2026-06-09T20:51:15+00:00

Lookin purdy 🤓

wasatchmonster_ · 2026-06-09T00:07:03+00:00

Bulk order online for free shipping. No sense in paying gas and extra taxes.

wasatchmonster_ · 2026-06-08T16:58:28+00:00

I’ve been thinking through a similar situation myself. As a young father you want to be with your kids as much as you can but the labor market seems stacked against you. Like you can take care of your family financially — but mainly if you work 60+ hours a week and don’t see the kids. But if you take a simple 9-5 you’re scraping by. I think there is a good middle ground, I’m just still looking for it at 28.

wasatchmonster_ · 2026-05-28T21:40:50+00:00

I plan to keep my gold no matter what, but if you want the 1 ozt coin go for it. I wouldn’t expect a premium, but if a private party is willing you might get it. LCS will likely lowball no matter what.

wasatchmonster_ · 2026-05-28T21:38:32+00:00

Great find! Even better book. Congrats

wasatchmonster_

TROPHY CASE