how much of this is inflation and how much is just buying frenzy?

silver was around $18/oz a couple months ago and now we're at $24.50 - $25.00/oz so is it really inflation like I keep hearing or just people buying and thus driving it to the moon?

 

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Some of us will make profits and others who wait for too long to buy in will lose money! Should you get in the elevator on the ground floor or wait and be left in the cold?

 

Listen to The Coin Show episode #9.

Matt discusses buying/selling from a current perspective.

Podcast link to the show is down the right hand column.

 

Silver is the poor man's gold. I've read so many posts on here that say something like "I can't afford gold but I've got some ASE's and some junk". How many rolls of ASE's would it take to make one AGE?

 

Grab a calculator and check the current bid/ask prices.

 

Gold Will Win Currency War from Numismaster.com [10/12/2010]
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is there a place other then on kitco which only shows a daily amount of inflation....A place that will show what inflation has been like so far this year to date or last 2 years or 5 or last 10 years? I would like to try and figure out how much of this price is actually from inflation... cause if it's 90% inflation compared to buying frenzy I would hold off on selling for a while... profit taking to only get a lot of worthless paper isn't really profit...unless you want to build a fire...but then you could just burn IRS forms for that...

 

Precious metals are going up way faster than anybody's measure of inflation, and faster than the expected rate of inflation among buyers of inflation-adjusted Treasuries.

 

Ain't seen nuthin' yet.

So you thinks we are informed? Think the US debt is what they say it is?
Think there is a deeper reason for massive silver and gold purchases? Maybe the truth is much darker:

Boston University economist Laurence Kotlikoff says U.S. government debt is not $13.5-trillion (U.S.), which is 60 per cent of current gross domestic product, as global investors and American taxpayers think, but rather 14-fold higher: $200-trillion – 840 per cent of current GDP. “Let’s get real,” Prof. Kotlikoff says. “The U.S. is bankrupt.”

Writing in the September issue of Finance and Development, a journal of the International Monetary Fund, Prof. Kotlikoff says the IMF itself has quietly confirmed that the U.S. is in terrible fiscal trouble – far worse than the Washington-based lender of last resort has previously acknowledged. “The U.S. fiscal gap is huge,” the IMF asserted in a June report. “Closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 per cent of U.S. GDP.”

This sum is equal to all current U.S. federal taxes combined. The consequences of the IMF’s fiscal fix, a doubling of federal taxes in perpetuity, would be appalling – and possibly worse than appalling.



Buy metals.