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BUYING MORE- GOLD/SILVER...with caution

(Update 2)- i bought 50 Silver American Eagles(2008 uncirc.) and 50 Canadian Maple Leaf (2008 uncirc.) today...starting to ease into Silver. Price could still go down to $16.50 oz...but i doubt it...i bought at BullionDirect.com

(Updated 1)- we are now in the thick ...or just under support. one of two things will happen. it seems to me that the markets are reaching a resistance level. Gold and Silver will either "pop" or "drop" tomorrow. If Gold and Silver "gap open"(jumps before open of the market tomorrow...then we will be going back up in a big way, i expect a big market selloff...with a rebound in Gold and Silver. OR a beak even day...this may or may not signal a reversal in directions for all markets

if Gold and Silver slide tomorrow...we are headed for more down trending. the next support under the Gold price is around $850oz and for Silver the next support under the Silver Price is around $15.50.

i am thinking of buying some Silver tonight or tomorrow for the first time...but be careful because certain entities want to break Gold and Silver bugs.

be Blessed

WATCH WHAT THE DOLLAR & OIL DOES IN THE MARKETS AND USE THIS AS YOUR GUIDE.

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my silver shipped today...

from Bullion Direct... very happy with their service, so far. they required a waiting period for all checks to them, which is fine.

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

support charts...showing 100 & 200 day moving Averages...

http://www.thebulliondesk.com/smallchart.aspx?rhs_offset=45&width=555&height=375&background=chartbg.gif&titlebar_colour=16753986&ChartID=D|0|1440&DataPoints=800&EndDate=3/May/2008&InstCode=XAU&InstName=Gold&Series1Name=Open&Series2Name=High&Series3Name=Low&Series4Name=Close&ChartType=F&ChartName=Daily+OHLC&ChartDecs=2&movavg1value=100&movavg1caption=Mov+Avg+100&movavg2value=200&movavg2caption=Mov+Avg+200
(daily chart above)

http://www.thebulliondesk.com/smallchart.aspx?rhs_offset=45&width=555&height=375&background=chartbg.gif&titlebar_colour=16753986&ChartID=D|0|10080&DataPoints=800&EndDate=3/May/2008&InstCode=XAU&InstName=Gold&Series1Name=Open&Series2Name=High&Series3Name=Low&Series4Name=Close&ChartType=F&ChartName=Weekly+OHLC&ChartDecs=2&movavg1value=100&movavg1caption=Mov+Avg+100&movavg2value=200&movavg2caption=Mov+Avg+200
(weekly chart above)

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Gold seems to be taking a

Gold seems to be taking a dump today. What's up with that?

Things are only impossible until they are not.
-- Jean Luc Picard

Things are only impossible until they are not.
-- Jean Luc Picard

now at major support...

gold and silver have completed their pullback to main support levels. i am not afraid to buy at this level at all. main support is between 800 & 825 an oz.. i expect consolidation for the short term.

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Gold price drops

Could be more manipulation by "the cartel". Also, one does have to expect such fluctuations as normal market behaviour.

For an excellent website regarding the gross manipulation, and suppression, of the gold price by the central banks and governments, I highly recommend visiting the following site: www.gata.com

Use their $150 billion against them

Use the money from the phony stimulus checks you get to buy silver.

http://www.dailypaul.com/node/47212

Yep -- you got it stockoneder.

___________

Lisa C.

http://www.women4ronpaul.com/

Ron Paul "Sign Wave Across the USA" -- November 5th!

Apmex & NWT

I'm new to buying silver but I've searched the web and as far as I can see Northwest Territory Mint has the best prices if you are buying 50oz or more and free shipping also. But, they have a backlog and it takes about 4-6 weeks for delivery. APMEX has the next best prices and they also offer the half ounce rounds. They have very quick shipping and I'm thinking of buying another 150oz today.
I have only been buying the rounds and/or bars in 1//2oz and 1oz, since they are cheaper than the eagles or maple leafs, and once again I would like to ask:
Is there some advantage to buying coins over rounds/bars?

I have already learned to be careful how I buy. My first purchase last month I ordered 100oz of the generic silver .999, because it was the cheapest at APMEX, and intead of getting a mix of rounds and bars, like I had hoped, I ended up with one large 100oz bar. lol Now I don't know what to do with it. Any suggestions?

If you can, find a local dealer

and build a relationship.

Eagles will be recognizable just about everywhere. Rounds not as much, unless you take them back to a dealer, you might have to take a bigger hit when selling than you would with an Eagle but not so much you should worry about it. What have you got, Prospectors?

What to do with your 100oz bar? Put it away and go buy more metal.

___________

Lisa C.

http://www.women4ronpaul.com/

Ron Paul "Sign Wave Across the USA" -- November 5th!

I buy any low-premium silver I can get at a local coin shop.

There's no shipping, no waiting, no name on file, and the prices are as good as any I've found online. I get dimes, quarters, halves, and dollar coins, plus any bullion that they have.

I figure if prices shoot sky-high, it's all liquid and I can cash in for Monopoly money anytime. But if the dollar gets so shaky that an underground silver/gold economy develops, the coins should be more useful than the bullion because of the variety of denominations.

New Hampshire and Ecuador.

BD is good too

http://www.bulliondirect.com/index.jsp

You should consider diversifying your silver holdings. Get some bags of $100 face 90% coins, some eagles, and generic rounds/bars. Also, if you're looking for smaller coins you might as well just get bags of 90% instead of wasting the premium on 1/2 oz rounds.

Purchase locally, to build a

Purchase locally, to build a relationship with the dealer. They don't take your name or any information about you. I have now been purchasing silver rounds for just $1 over spot. Today I paid $17.38 per round.

I love silver in everything, jewelry, hardware and money!!!!

Trade with all nations; alliances with none. ~Thomas Jefferson

“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com

A "clad bag" or two (5 or 6?) of 40%

Wouldn't hurt either.

___________

Lisa C.

http://www.women4ronpaul.com/

Ron Paul "Sign Wave Across the USA" -- November 5th!

ditkuss...question...

how does BullionDirect.com compare in price of bags of silver (junk silver) with your local dealer?

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

I'm not sure

The only silver coins I've bought at a local coin shop are American Eagles, and those were way overpriced. I'm guessing it's cheaper online, especially if you buy in bulk, but I don't know for sure.

oh, ok...

i've never bought locally either. just wanted an idea. i figured that is one more middle man to pay for. thanks.

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Shop around..

If you can call a few places they'll sometimes ask you what you've been quoted by another coin dealer and they'll give a lower bargain...I had this happen a couple of times..One dealer quoted me 19.56 per eagle..The next one told me $19.02 after I mentioned I was calling around for prices.

ditkuss?

...

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Good experience with

Good experience with Colorado Gold.

send a note to the fed

Buying where they retain your name and address is like sending in your name to the fed - "I'm buying precious metals, so when you finally get around to recalling and confiscating it, it will make it easier for you to know who has possession. Just let me know when you want to send the Treasury thugs and I'll gather it up for you."

Remember the Liberty Dollar. Remember April 1933 when Roosevelt called for a 'banking holiday' and ordered the confiscation of gold. Use your head people. Any small premium paid to a local cash-only coin shop is very much worth it.

Spot price for SILVER...

the Bid spot price just broke back through $17....

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Silver Spot Prices...UP

pushing $17 an ounce...

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Can you give us the Diamondbacks score too?

___________

Lisa C.

http://www.women4ronpaul.com/

Ron Paul "Sign Wave Across the USA" -- November 5th!

diamondbacks suck! GO

diamondbacks suck! GO ROCKIES! silver back over 17.00 again!

as for me and my home, we shall worship the LORD

Well that wasn't very nice SIERRA.

:-b

___________

Lisa C.

http://www.women4ronpaul.com/

Ron Paul "Sign Wave Across the USA" -- November 5th!

lol i live in colorado..

lol i live in colorado.. what would you expect me to say!!!! lol

as for me and my home, we shall worship the LORD

looks like a "POP"...

it looks like a "POP" will happen in Gold and Silver markets following oil to the upside...

http://www.reuters.com/article/goldMktRpt/idUSSP10964720080428
UPDATE 3-Gold sustains gains on record oil, off 3-week low
Mon Apr 28, 2008 1:24am EDT

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

just bought more...

(15) 2008 silver eagles...&
(15) 2008 silver maple leaf-s

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

oh...i forgot...

all uncirculated, of course.

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

uncirculated?? the silver

uncirculated?? the silver eagles are investment coins and not meant to be in circulation to be used as legal tender correct? or am I wrong? is the there a price difference.. I have never heard of a "circulated" eagle coin.

as for me and my home, we shall worship the LORD