Silver Markets

Discussion in 'Coin Chat' started by mrbrklyn, Sep 27, 2012.

  1. mrbrklyn

    mrbrklyn New Member

    http://www.sfgate.com/business/bloo...-Bullish-on-Silver-as-Hoard-Nears-3900211.php

     
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  3. longnine009

    longnine009 Darwin has to eat too. Supporter

    I wonder if reports of fake gold bars will drive
    gold investers towards silver or other PMs?
     
  4. mrbrklyn

    mrbrklyn New Member

    haven't we had this conversation?
     
  5. longnine009

    longnine009 Darwin has to eat too. Supporter

  6. mrbrklyn

    mrbrklyn New Member

    no - just the deja vue is bewildering, either we had this conversation or I'm a Nouvie
     
  7. longnine009

    longnine009 Darwin has to eat too. Supporter

    The thing about silver is if you do get ripped on a
    ten ounce bar your out three or four hundred bucks
    rather than 18k, less whatever can be recovered from
    the gold shells. The thought of getting a gold shell
    filled with tungsten might scare physical gold
    investors to death not to mention the ETF crowd.
     
  8. longnine009

    longnine009 Darwin has to eat too. Supporter

    Maybe your thinking about the link about how
    China was going to crack down on counterfeit
    goods?

    It would appear their claim hasn't quite jelled yet.
     
  9. mrbrklyn

    mrbrklyn New Member

    no - I just remember having this conversation previously, or at least the first two posts. Eh - it happens often, and it never means anything.
     
  10. Blaubart

    Blaubart Melt Value = 4.50

    I'm sure there are quite a few people out there who aren't buying gold because of the increasing chance of encountering counterfeits. But is it a big enough number to have an effect on the markets?
     
  11. longnine009

    longnine009 Darwin has to eat too. Supporter

    I don't believe there is anyway to know. If gold starts tanking
    it could be for any number of reasons or combinations of
    reasons. But this has to have some kind of impact. It's just
    too big of a potenial loss for people to ignore.
     
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