http://www.theglobeandmail.com/repo...-on-metal-in-deal-with-hudbay/article4469236/ so silver can only go up from here?
Maybe if we ride the Mayan Calendar kick that is "suppose" to happen, then we should all make out like bandits.
I have this Mayan calendar. I just wish I knew how to operate it so I could pick my winning lottery numbers.
http://www.bloomberg.com/news/2012-...p-gold-bet-to-44-of-firm-s-equity-assets.html Here is an investor betting gold is going up. He is a genius, with one of his funds now investing in gold having gone down 51% last year, and a further 18% down this year. Always make sure you follow these people's advice no matter what!
One factor that’s rarely factored into these analyses is “Herd mentality”, which, when in full stampede mode, controls the market. When the stampede occurs, rock bottom is $6/oz. – the same place it started when the herd drove it up.
Trying to pick the dead low tick in silver is not possible judging by the action in the past 45 days brent crude go from 89 to 116 grain prices up 30%-40% nat gas up 30% stockmarket up 12% Silver DEAD FLAT even in the past two days with platinum staging a strong 85 dollar rally silver cant get thru 28.33? gold cant get thru 1632? There are clearly people that will not allow it now they have lost control in energy, grain and bonds, they lost platinum today I think and educated bet is to buy some of your silver holdings between 26.88 and 28.33 It has so UNDERPERFORMED EVERY THING else over the past year once you can get thru 28.33 next is 29.58 them 32.47 buy some now save some ammo the stock market will get HAMMERRRRRED inthe weeks to come an unfortunately GLD ans SLV are stocks so they will have a down move too, although they have not gone up with everything else but takes thurs and fridays action as platinum as a positive sign, once shorts start reversing Silver will be taking the elevator up barring a dissolving of the EU you wont buy silver in the low 26's in the forseeable future and quietly over this 6 weeks of 26.50-28.30 silver the comex stocks have been decreasing slightly so someone is turning there paper into metal govt interventions are now a part of everyday life, they will find new and crafty ways to pump money into the system which in the long run is bullish every hard asset class just my opinion Qsilver
Silver and PM's will be at rock bottom when gov't starts paying down the National debt. Not in my lifetime:dead-horse:
Is there any way or website to track the price of gold for the last 10 years or 20 years, like the stock market? And where do I buy those American Silver Eagle bullion coins that come in rolls of 20? I only seen the usmint selling individual coins for a lot more than the current silver price of $28.19. I want to give them has birthday gifts, should I buy those air tites or is there a site that sells it in a more presentable box for slightly high fee? My LCS saying that they selling at spot for ASE which is $37, is this correct, but silver is about $28 an ounce? Please advise me. Thanks.
Way too much for the ASE. Selling for spot would be $28.00. I usually give between $2.25-$3.00 over spot. Do a search for historical price of gold. There are several out there.
Madoff is small cheese, the federal reserve and subsequently the galactic sized international banks who control the federal reserve steal hundreds of billions, if not trillions of dollars. If you steal small cheese you are a thief, if you steal it all you're king.
It's a gamble either way which way silver is going to go. I keep watching it stay within about one dollars span for at least a few months now. It's going to make a break one way or another someday but I don't have a clue which way it's going to go and I think very few people do. All I know is I'm just buying silver coins I like to collect and am not making any big silver bullion purchases. History shows it'll go down someday and if I miss the boat at this price I can live with that and will still have my initial money and will profit another way.