tom exercised the option to purchase a bulk order at about $16 spot price and plunked down the cash already. $4 additional is for mint fees and logistics. minimum price is $20 per coin at that time. it is nice to be able to wait until silver hits range of $17 spot and then exercise option at $16 with no prior commitment down. price after strike commitment cash on barrelhead is up to tom. at most you are looking at spot plus $4 when you confirm order, if there are any left for sale as tsptalk might want to keep a certain quantity for internal use.
tom will have to confirm availability and price. if there is none left, i may be able to negotiate a private sale of some of mine as silver is a public commodity. but i won't let any go for less than my original price plus subsequent delivery and logistics fees.
100g
Jeeze- I'll sell anyone a limited edition original TSPtalk silver coin for just $400 each.
Plus shipping and handling.
(Buy low- sell high. Right?)
I was planning on setting up CC and PayPal processing, the problem is the fees they tack on of up to 5% depending on the amount. That gets a little pricey when you sell $10,000 worth. I'll have to do the math to see exactly what each coin is costing me to see if it works out where it won't kill either of us. I'll have something for us sometime next week.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Good to go...
I haven't followed the silver price, but my guess is that this is a good time to buy...
Lookin' up at the 'G Fund'!!!
Thanks Tom, I think most of us still have checkbooks... a stamp and snail mail sounds prudent to me!
Danny
the czech is in the male.
Funny Jokes : The Czech is in the male
100g
OK, I'm closing this thread for now to stop taking orders for a while while we sort out the payment details. Silver last traded at 17.78 oz. and everyone who has ordered and committed up to now will get it for the price I paid ($15.92) + $4.
From now on it's spot + $4. I have real time silver quotes on my screen at all times so it will be accurate to the minute of your posted order here.
Here is the list of the committed orders and your price will be $19.92 per coin including shipping. I'll have the payment info posted within the next 3 days.
I'll open up a new thread for future orders. There's just 93 still available.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I sent PM's to those who pre-ordered. Please see your inbox.
Also, question for those who pre-ordered (and for future buyers, I guess)
Do you want delivery to require a signature?
It seems prudent but I hate seeing those little stickies on the door that tells me I have to go pick it up because I missed delivery.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
New development in the TSP Talk Silver Rounds Story...
http://www.tsptalk.com/mb/site-news-...er-update.html
Sorry for the duplicate posts but I wanted notifications to go out to anyone who was involved in this old thread and bought the silver.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks