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<p>[QUOTE=&quot;Rono, post: 164959, member: 6492&quot;]Howdy all, </p><p><br /></p><p>I concur with Nathan but more on that later.</p><p>&nbsp;</p><p>The premium on ASE has always been higher than generic silver.&nbsp; They are US issue and easily bought and sold.&nbsp; If you want to set aside some eagles, just shop around for the best price.&nbsp; Check Kitco for a benchmark, and Coin World.&nbsp; I&#039;ve had very good luck with Paul Sims (I know he&#039;s not popular due to dipped coins, but he&#039;s been fine with ASE for me.).</p><p>&nbsp;</p><p>If you&#039;re just stashing bullion, you can buy silver ingots or rounds at much closer to spot price.&nbsp; You need to differentiate between investing in bullion and collecting coins.&nbsp; Most of us probably do a little of both, and that&#039;s fine.&nbsp; However, you need to keep you goals in mind when you spend your hard earned cash.</p><p>&nbsp;</p><p>As for the bullion precious metals markets, I follow them extremely closely and have for quite a few years.&nbsp; From a technical perspective, we&#039;re right at breakout for gold (spot 626 and resistance between 610-626), have broken out with the XAU (at 137 with resistance ~132), silver has broken out with spot at 12.61 and resistance at 12.40 and what no one is noticing, platinum has taken off this past week like a scalded cat going up over 10% since monday.</p><p>&nbsp;</p><p>This all leads credence to the metals going up from here thru the end of the year and very possibly strongly.&nbsp; I realize that some are calling for &#039;one&nbsp; more correction&#039;, but I&#039;m betting the other way.&nbsp; </p><p>&nbsp;</p><p>Fundamentally, gold, the other precious metals and frankly every single natural resource is becoming more and more scarce whilst us humans are making more and more babies.&nbsp; For gold in particular, china legalized owning it a couple of years ago, and their economy is booming and the whole world loves &#039;bling&#039;.&nbsp; In India, it&#039;s cultural with gold jewelry serving as social security for the women and the basis of all dowry&#039;s . . . and their economy is booming.&nbsp; Our trading partners are sitting on so many dollars, that they&#039;re starting to buy gold as a diversification.&nbsp; Cripes, how many tents full of dollars does an oil sheik need before he wants something else (utilty curves 101).&nbsp; Many of the other countries are starting to increase their gold holdings - like Russia.&nbsp; What scared some of these folks with large holdings in dollars is that in the past couple of years, our gov&#039;t has basically told them they can&#039;t buy anything of any sort of real value in this country with their dollars.&nbsp; Remember the chinese oil company wanting to buy one of ours?&nbsp; Nope.&nbsp; How about the port system and Dubai?&nbsp; Nope.&nbsp; No Sir, you can keep all those dollars, but we won&#039;t exchange them for any real assets, TYVM!&nbsp; Now, they&#039;re not going to dump dollars as it would hurt them most, but look to them slowly being net buyers of gold.</p><p>&nbsp;</p><p>just my humble 2 cents worth and this is NOT investment advice,</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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