12,500 oz. of Academy 100 oz. Bars at $1.25 over spot
(About $170,000 worth of silver!)
Silver Stock Report
by Jason Hommel, January 29, 2009
12,500 Academy 100 oz. Bars at $1.25 over spot
It's about $170,000 worth of silver "on the block", available NOW!
It seems as if you ask, you shall receive.
Yesterday, I explained my long turn around time to re-purchase bulk
silver to make silver bars and coins.
pictures of the bars at the bottom of yesterday's email)
My turn around time should get shorter! My bulk supplier said
they will start to pre-ship to where I need it to go!
This is awesome because:
I can offer more.
I can offer it cheaper!
Tonight, we have, at seekbullion.com
20 auctions of 500 oz. (5 Academy bars)
25 auctions of 100 oz. (1
All auctions are 1 minute apart, running 45 minutes.
If some silver does not sell at our reserve, it will be
re-listed with the same reserve at the conclusion of the auctions.
Our reserve is the lowest it has ever been, now at $1.25 over spot, and
spot will be determined about an hour before the auctions begin
closing. So, I will place my final reserve bid at 6pm, and the
auctions start closing at 7PM Pacific.
If anyone cannot afford 100 oz. at a time, please visit my www.momssilvershop.com Mom
has many ebay listings selling 1 oz. silver rounds of various kinds in
lots of 1 oz., 5 oz., 10 oz., and 20 oz. at a time.
For now, Auctions are available for people with shipping addresses in
the USA only. Wires must be NEXT DAY, which also usually requires a
U.S. bank account in dollars, only.
We ship SAME DAY wires come in, via UPS.
Why should you buy silver? Please review a few articles from my
Silver's so Cheap, it's Practically Free!
August 21, 2008
Why Paper Silver is not as good as Physical Silver
August 12, 2008
The Money Charts August 8, 2008
FAQ (Frequently Asked Questions) July
Silver has been Exploding for 5 years
now July 11, 2008
Bar Graphs of Silver vs. Money July
4 Fundamentals of the Silver Price
June 5, 2008
The 600 year price chart says so much:
Last night, only half my auctions sold, so I sold
2700 oz out of 5000 oz. It's typical that buyers start to vanish at
the bottom of the market, right before a big move up. That's what
creates bottoms -- no buying. And then, at the top, people are
buying in a frenzy. I know. I reported on this repeatedly over
the last year. In 2008, the sea change hit when gold passed $850 and
went to $1000, and silver hit $20. The overall buying is still
higher than in 2007, as still, very few are selling to the coin
shops. Furthermore, people start subscribing to my letter in droves
at the top, and the emails to me drop off at the bottom. This
feels like the ending of the bottom to me. Prices are now lower,
more silver is available, and fewer want it now, than at $20, when
you could not get any. Thus, now is the time to be wise, and
I'm not a "seller". I'm a "holder" right along with you,
turning out my own silver inventory, and buying more the next day, as I've
repeatedly explained, demonstrated, and proven. That's why I have
new product now, and why I'm one of the few who can ship
immediately. We have it, because we like to hold