Cheap silver eagles!

You're not being truthful. Apparently you're lying to these good poeple for profit. That's disgraceful! You can't trust anybody.

You're a Spammer.

--Cliff, Sioux City, Iowa
---------------------------------
Secret key to happiness: Stay happy. Shhh!

http://apmexdealer.blogspot.com/2008/12/200000-silver-americ...

SIERRAHPBT what was that about two prices, paper and physical? It called wholesale retail dummy.

(green light printing press) more in depth and if anyone can give a lay-person's explanation as to how this may translate to dollar devaluation it would be appreciated. I have read this is the tact the Bank of Japan took resulting in the lost decade and it must be a temporary policy.

I bought 4 rolls of silver philharmonics for $400/roll several months ago. I ordered, then the next day I dropped a personal check in a regular stamped envelope with my order info, and a little over 3 weeks after I placed the order they arrived.

I sold those rolls about a month ago for the same price (including shipping). Except the $1600 buys a lot more gasoline and stuff these days.

They want a credit card number to secure the order till the check clears.

d

Quantitative Easing: The Kick Start Of Gold’s Move To $1200 and $1650
Posted: Nov 30 2008 By: Jim Sinclair Post Edited: November 30, 2008 at 10:34 pm

Filed under: General Editorial

Dear Friends,

It is not a coincidence that the appreciation in the dollar and fall in the euro both began to lose their respective momentum when it became clear that Quantitative Easing was now the primary strategy of the Federal Reserve. This method does not replace other methods, but is instead an addition to the multiple other approaches already in place.

In the same timeframe it appears the last of the weak longs exited the energy group.

I believe that the advent of Quantitative Easing is the beginning of Gold’s move to $1200 and $1650.

I believe the dollar rally is done at Harry Schultz’s PO of .88-.89 on the USDX.

The low in the euro has occurred.

All of this is a product of Quantitative Easing without sterilization.

When Bernanke referred to the Helicopter Drop of electronically created money without limits, he was referring to the following now famous speech:

Deflation: Making Sure "It" Doesn’t Happen Here
Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002

Since World War II, inflation–the apparently inexorable rise in the prices of goods and services–has been the bane of central bankers. Economists of various stripes have argued that inflation is the inevitable result of (pick your favorite) the abandonment of metallic monetary standards, a lack of fiscal discipline, shocks to the price of oil and other commodities, struggles over the distribution of income, excessive money creation, self-confirming inflation expectations, an "inflation bias" in the policies of central banks, and still others. Despite widespread "inflation pessimism," however, during the 1980s and 1990s most industrial-country central banks were able to cage, if not entirely tame, the inflation dragon. Although a number of factors converged to make this happy outcome possible, an essential element was the heightened understanding by central bankers and, equally as important, by political leaders and the public at large of the very high costs of allowing the economy to stray too far from price stability.

With inflation rates now quite low in the United States, however, some have expressed concern that we may soon face a new problem–the danger of deflation, or falling prices. That this concern is not purely hypothetical is brought home to us whenever we read newspaper reports about Japan, where what seems to be a relatively moderate deflation–a decline in consumer prices of about 1 percent per year–has been associated with years of painfully slow growth, rising joblessness, and apparently intractable financial problems in the banking and corporate sectors. While it is difficult to sort out cause from effect, the consensus view is that deflation has been an important negative factor in the Japanese slump.

So, is deflation a threat to the economic health of the United States? Not to leave you in suspense, I believe that the chance of significant deflation in the United States in the foreseeable future is extremely small, for two principal reasons. The first is the resilience and structural stability of the U.S. economy itself. Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency. A particularly important protective factor in the current environment is the strength of our financial system: Despite the adverse shocks of the past year, our banking system remains healthy and well-regulated, and firm and household balance sheets are for the most part in good shape. Also helpful is that inflation has recently been not only low but quite stable, with one result being that inflation expectations seem well anchored. For example, according to the University of Michigan survey that underlies the index of consumer sentiment, the median expected rate of inflation during the next five to ten years among those interviewed was 2.9 percent in October 2002, as compared with 2.7 percent a year earlier and 3.0 percent two years earlier–a stable record indeed.

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