Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Two pet peeves
>
Reply to Thread
Message:
<p>[QUOTE="fools_gold, post: 780750, member: 20669"]I've always thought about this too. Well first you theory about bullion sellers.</p><p><br /></p><p>I do think that many do not have any physical holdings to sell if there's a run on bullion. And it would bring down their quality of service. So I think they are trying to find a happy medium. It also helps to have repeat customers like ourselves so they don't have to work too hard selling bullion.</p><p><br /></p><p><br /></p><p>When gold was very hot a couple months ago, $1220+....I remember APMEX not having that many AGE's. I think it was either less than 1000 or 2000....but in any event. That's not very much if there's a run on bullion. And APMEX, at least to me, is one of the bigger more reputable companies. So all it would take (in APMEX's case) is just 2000 or so people wanting to purchase just 1 oz of AGE and they would be completely wiped out, stock wise..</p><p><br /></p><p>As for those bearish on gold/silver. Perhaps some may secretly be trying to hoard it for themselves, but I get the feeling the majority don't own that many physical PM's, if any at all!!! I'm not the smartest guy when it comes to wall street, but I try to be logical. And right now, logically, I can't see USD's ever holding their value in the long term. The debt we're in just makes it not possible.</p><p><br /></p><p>California is about to be literally bankrupted. NY closing in. Pensions for soon to be retirees have on money. So here we go again with more printing. </p><p><br /></p><p>If there's even the slightest chance China/Japan may not want to buy our debt anymore, you watch the run on gold/silver!!![/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 780750, member: 20669"]I've always thought about this too. Well first you theory about bullion sellers. I do think that many do not have any physical holdings to sell if there's a run on bullion. And it would bring down their quality of service. So I think they are trying to find a happy medium. It also helps to have repeat customers like ourselves so they don't have to work too hard selling bullion. When gold was very hot a couple months ago, $1220+....I remember APMEX not having that many AGE's. I think it was either less than 1000 or 2000....but in any event. That's not very much if there's a run on bullion. And APMEX, at least to me, is one of the bigger more reputable companies. So all it would take (in APMEX's case) is just 2000 or so people wanting to purchase just 1 oz of AGE and they would be completely wiped out, stock wise.. As for those bearish on gold/silver. Perhaps some may secretly be trying to hoard it for themselves, but I get the feeling the majority don't own that many physical PM's, if any at all!!! I'm not the smartest guy when it comes to wall street, but I try to be logical. And right now, logically, I can't see USD's ever holding their value in the long term. The debt we're in just makes it not possible. California is about to be literally bankrupted. NY closing in. Pensions for soon to be retirees have on money. So here we go again with more printing. If there's even the slightest chance China/Japan may not want to buy our debt anymore, you watch the run on gold/silver!!![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Two pet peeves
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...