Gold going down-Silver going up

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How can gold be going down when world wide demand is emptying all stocks on hand?
Silver is finally moving up-can't find that anywhere at less than $20.00 per ounce.
I am looking at Kitco world market charts.

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Real Gold vs Paper Gold.

Everywhere I call right now that actually has Gold coins are 10% over spot price.

Crazy things happening here.

hey people

You do realize that you will never make a fortune with gold or silver right? Metals are a means of saving and protecting against inflation. That's why investors put a small portion of their wealth in metals. Metals don't make you money. If you want to make money invest in companies. Good things to invest in right now is anything having to do with our infrastructure.

I was told the same exact

I was told the same exact thing by some guy when I bought gold at 255 and 300 back in 99.... looks like I made money.. what the hell are you saying that money can not be made in metals for! so a 576.00 dollar an ounce profit is not making money to you?!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐

You always forget about Buying Power

The gold he bought in 99 has the same buying power as gold does today. An increase in the number of notes tradable for that gold does not change the amount of stuff you can buy with it. Metals are true savings accounts.

SIERRAHPBT the Dynamic Thinking Tool

SIERRAHPBT doesn't figure in commissions or taxes either.

Avoid a paper trail

and sell on Craigslist.

Metals market manipulation

This may be true in a free market but since the market has been manipulated this is not the case right now. Citigroup now denounces the manipulation. http://www.nolanchart.com/article4959.html

It is hard to say what the real price of metals are right now but it should be way higher than it is. This is the reason I and many others see metals as more than a store of value right now.

QFT +1,000

Gold is only a "harbor in a storm" -- a means of making sure you don't lose everything under the sun.

Buying it is much like buying an insurance policy, it is not a means of becoming wealthy, but is rather a means of setting aside a portion of one's wealth in a form that *should* endure the worst type of financial storm, and recognizing that one is indeed sacrificing the *potential* gains that investing that money into other things would provide.

Gold & Silver really only "perform well" in a PANIC situation... And a wise investor who has maybe 10% of his (liquid) net worth in PM's will be aware that any such "panic" will mean that the remaining 90% of his wealth is probably at significant risk of loss... and therefore will NOT be wishing for or desirous of seeing that panic happen (because who the heck wants to end up with only 10% of their capital?)

On the other hand... as a method of "insurance" ...ending up with 10% of one's capital when everyone else has around 0% -- is a good thing, and worthwhile risking.

so what was the panic

so what was the panic situation from 99 to 2007?

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐

Read Prechter

Silver is mainly an industrial metal that goes up during economic expansion, and down during recessions. Ted Butler hasn't been right in 10 years. You got hood-winked SIERRA.

Well put

That is what I was trying to say. I'm not very long winded.

Sadly, I am... (or can be).

In the past when talking to people about having a small store of Gold, I've likened it to a backpacker who is headed into the deep woods taking along a small container dog food (1 can + some kibble) as an ultimate "emergency reserve" -- the point being that no one would eat THAT until they were laying at the bottom of a ravine for two days with a broken leg, at which time you would be so weak and starved that just having anything handy for nutrition would be worthwhile.

And, IMHO, the proper use of physical Gold is much the same -- if disaster strikes it probably WON'T be as easy to get value out of any many people think (the local grocer is unlikely to want your gold coin, unless at a deep discount) -- but the effort that you have to go through to get the value back out will then make you use it LAST, and thus its "emergency reserve" value will be fulfilled. If prosperity returns and looks long-term solid, then it will be easier to sell the Gold and the value is likely to have been maintained (whereas all other items of value may have been destroyed in the meantime).

THIS use of Gold is significantly different that that advocated by the "Gold Bugs" and is also different than its use as a backing for a currency (where it is designed to prevent false currency inflation); but I still think it is a valid use nonetheless.

Paper Gold... Paper Silver...

Paper Gold goes down because the market like stocks again (at least temporarily) and don't want to stay in something they felt had too much of a rally last week.

Paper Silver goes up (a tiny amount) because it has industrial uses, and was driven down, down, down because industrial future was looking grim.

The world is upside down.

I dont know where you are looking...but....

www.apmex.com has all the silver you want for under 15.00/oz

In Christ,
Dave

Take our Presidential Poll, reflecting all 12 Candidates @
www.lionandlambministry.com

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All New, All Christian and Freedom Video Site:
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Grace be to you, and peace, from God our Father, and from the Lord Jesus Christ.

In The LORD Jesus Christ;
Dave

"where the Spirit of the LORD is, there is liberty." 2 Cor. 3:17

http://www.lionandlambministry.com

I want it in 2-3 days....

food freedom,one seed at a time.

not at some murky future date.Steve Quayle was offering fast shippping if you are willing to pay $20.00 ounce/silver.I am only interested in silver coins to use for minor purchases in a local area if there is a total meltdown. I should have said that in my original post.

they ship immediately...Apmex that is

In Christ,
Dave

Take our Presidential Poll, reflecting all 12 Candidates @
www.lionandlambministry.com

Best Ever Website Design:
www.USDesigns.org

All New, All Christian and Freedom Video Site:
www.lionandlambtv.com

Grace be to you, and peace, from God our Father, and from the Lord Jesus Christ.

In The LORD Jesus Christ;
Dave

"where the Spirit of the LORD is, there is liberty." 2 Cor. 3:17

http://www.lionandlambministry.com