2017 pandas

[Ojay45]

Hello now to the forum but been looking here for some time I had a question about goldsilver.be and is it the cheapest to buy the 1oz pandas 2017 ?and the silver price is dropping but for the last drop to kick in on the site do you have to wait till tomorrow? As I don't think the site is live with the prices. 

[sovereignsteve]

I would think so but bear in mind prices of coins don't tend to rise and fall exactly in line with spot.

[Ojay45]

Yeah I was just thinking that as I posted but do you think it will be better to buy tmw as the price of silver has droped? Only placed one order with goldsilver before and ain't really seen the prices drop as ain't know about it for long 

[sovereignsteve]

2 minutes ago, Ojay45 said:

Yeah I was just thinking that as I posted but do you think it will be better to buy tmw as the price of silver has droped? Only placed one order with goldsilver before and ain't really seen the prices drop as ain't know about it for long 

Who knows? spot may well drop some more but no idea how much the coins will follow. I haven't been watching coin prices.

I would probably leave it a bit longer to allow coin prices to catch up with spot. If it shows signs of recovering, buy.

[Stu]

As a rule there is generally a lag in the price on the way down but price very quickly matches and correlates to spot price on the way up. Not sure why this should be the case, don't think the dealers have anything to gain by this?? however

[Ojay45]

Yeah I will see tomorrow how it is thanks 

[sovereignsteve]

1 hour ago, Stu said:

As a rule there is generally a lag in the price on the way down but price very quickly matches and correlates to spot price on the way up. Not sure why this should be the case, don't think the dealers have anything to gain by this?? however

It's the way of the world I guess, just like petrol and gas&leccy prices.