SILVER.... A sure thing??
Submitted by SIERRAHPBT on Tue, 11/18/2008 - 16:32
For those of you anal retentive deflationist anti precious metals people... please don't read.. I do not want to confuse you with facts!
For those of you who are into this market please read. this is going to get interesting!
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Ain't no such thing..as a sure thing.
Metals are here to stay, though. They will never be worth nothing and they will always be sought after.
I'm not a big economist-type, but I can appreciate clear-cut manipulation.
When I'm told silver is $9 per ounce but I can't touch a silver Eagle for less than $20, something is wrong. Same with gold. Gold is under $800? Really? Go find me some for $800 then.... I'll wait here.
I think this is nothing more than a huge shake-out. We're being played to see who will dump metals and who will buy. Lack of confidence in metals will force people to put their money into other safe havens. Meanwhile, governments are buying metals by the ton.
I may not know the truth, but I know when I'm being lied to...
I may not know the truth, but I know when I'm being lied to...
Yawn
how many years has this freak been saying this?
all the way from 21 to 9...soon to be 5???
rolling eyes.... did you
rolling eyes.... did you read what said about anal retentive people?? did you even read the article?
"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┐
LOL!!!
"I came here to express my opinions, but please don't express your's unless you agree with mine".
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"Ehhh, What's ups Doc?" Bugs Bunny
"Scwewy Wabbit!" Elmer Fudd
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
Yes
I sure did. I thought you meant people that are uptight should not read this.
i did not realize you meant to include people that dont like to lose their money. My bad.
The facts are that this guy has been saying it's a good time to buy silver for years.
Like i told you the other night...I hope he is right for my sake. But, it appears he and sinclair have been more than wrong.
I can't wait for the moon shot. I am going to need it just to break even.
going from 4.00 an ounce to
gojg from 4.00 an ounce to 21 in an 8 year period sounds like a great investment to me.. no investment goes straight up! all bullmarkets have pull backs they regroup then charge forward again.. it will go forward again. I think it will start soon! but dude you needed to buy physical.. I hope hje is right for you and me.. everything he has talked about has come true .. EVERYTHING! The shortage, the manipulation.. the price going up. stocks will rebound.. the question is this.. are you buying more stock or etf to average cost your investment you bought earlier in the year? just hold tight and don't get excited! again read every article this guy has written since 2000... you will see what he has said has come true! www.butlerresearch.com
"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┐
The shortage is starting to spread
A friend of mine who is a silversmith tried to order sheet silver from one of the larger suppliers today. It took a week for them to fill her order for a standard size/guage sheet, due to the fact they were waiting for product from the refinery to mill.
“The ultimate result of shielding men from the effects of folly is to fill the world with fools.”
-- Herbert Spencer
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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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I like silver...
its very pretty.
shiny too! "When governments
shiny too!
"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┐
so
So how much above spot price should i be willing to pay for silver or gold right now. I am looking on ebay right now, looks like about $16/oz for silver (after looking more i see i can get it closer to 13-14oz depending on how much weight i want to buy), is this too high? I currently have zero money invested in gold and silver and really want to get started. I am going to Minneapolis this weekend to the coin shops.
you should pay what ever you
you should pay what ever you and the seller agree to.. shop around! find your best deal.
"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┐
question:
let's say that gold and/or silver reaches great levels. How do you go about selling a piece or two without raising eyebrows and do you sell back at the place you bought since they probably "know" you? i have been questioning this procedure.
sell it to whoever wants to
sell it to whoever wants to buy! sell it to whoever you want.. remeber.. silver is money.. you will be able to trade it just as you trade dollars for goods!
"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┐
sell it to whoever wants to
sell it to whoever wants to buy! sell it to whoever you want.. remeber.. silver is money.. you will be able to trade it just as you trade dollars for goods!
"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┐
silver and gold
I'm sitting on several hundred ounces of silver and a few ounces of gold and I will continue to wait and watch patiently. As soon as the rest of my debt is paid I will be stocking more silver and gold away. I will continue to do this until I see a price surge. At that point I may sell some high and then wait for the next buying chance on a pullback.
"It is the responsibility of the patriot to protect his country from its government."
— Thomas Paine
"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com
i don't get it
the author says "Silver is now so far below the cost of production that it will cause most primary silver miners to shut down production at some point."
I don't understand how they arrived on that conclusion?
If mines are being swamped with demand, how will that make the mining facilities shut down?
Well,
In a silver market not manipulated by the existence of paper silver, you would be correct in that it would drive the price up.
However, since the paper silver market has driven the spot price so low the cost to produce an ounce of silver is currently higher than the selling price.
If they were to continue to produce and sell silver, the would only lose wealth with every ounce they sold.
The mining companies...
would only lose wealth with every ounce they tried to mine.
80% or more of silver that
80% or more of silver that comes to market is byproduct silver.. meaning that silver comes to market because of lead, zinc, and copper mines.
now that the prices of those commodities has tanked, and the mines are shutting down, silver production has also tanked.. this at the time when there is the most investor demand in history. this is extremly bullish.
also , silver is already in shortage. this is why you see 60% premiums on silver.
"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┐
wouldn't that be the price?
The price will have to go up or the mines lose money with every ounce they produce..
doesn't that make sense?
cw
also there are very few
also there are very few silver only mines.. most silver comes from the mining of lead, copper, zinc. since the prices for those commodities has fallen drastically, mining has also fallen for them. Silver is a byproduct of these mines.. less copper , lead, and zinc production means less ounces of silver coming to market at a time when Silver is most demanded in history! even when silver was at 50.00 in 1980 you could buy all the silver you wanted! now with silver at the 9.50 spot price is is hard to find! even with the 60% premiums on ebay it is hard to find.
"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┐
the spot price is below the
the spot price is below the price of production.. the retail price is at or above the price of production.
"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┐
I'll give it a bump
It does not matter to me what "investors" think, though. For me, it is about what I can do with silver and gold, and that makes them quite valuable to me regardless of what the mock markets are doing.
Truth exists, and it deserves to be cherished.
ahh no one wants to bother
ahh no one wants to bother facts today?
"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┐
.
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