"Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
is there a app for my laptop or a specific web site you guys use to keep updated on the prices throughout the day? I just go to Provident but I am sure there is a better place to go.
Currency Wants: Any note with serial number 00000731
<< <i>is there a app for my laptop or a specific web site you guys use to keep updated on the prices throughout the day? I just go to Provident but I am sure there is a better place to go. >>
<< <i>******Famous Quote, from 57loaded, just yesterday******:
the biggest banksters KNOW what will be said before and will "play" acordingly.
Okay, is anyone really surprised about this takedown? I mean, really?
I've been stacking cash for about the past 6 months, and I may have to spend some of it now. >>
No I suppose not. It's like a recurring nightmare, after the fist couple of times you realize its just another dream, and then go on about your business.
NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
I lost out on some profit taking. I kept telling myself....sell at $37, I can always get back into it. Stayed up all night thinking about it, Benanke takes his seat and it was rising, says something and silver drops 50 cents. I tell myself, ok, sell at $36.50 but I wait, seeing it creep back up to $36.86. Ok, the heck with it, I would have made only $30. Called it a day, snoozed, wake up, silver is down to $34 something.
The more qualities observed in a coin, the more desirable that coin becomes!
<< <i>is there a app for my laptop or a specific web site you guys use to keep updated on the prices throughout the day? I just go to Provident but I am sure there is a better place to go. >>
Thanks twosides, did you also watch the accompanying Warsh interview by Ludlow, that was very interesting also. He (warsh) speaks with a not to subtle apprehension of that window of opportunity and if its not taken heed to.. what the results will be.
NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
I love the big swings of silver. Put up a free ad on a site similar to craigslist, and ended up moving virtually all of my undesirable junk silver for full spot price. I'm in Canada so that's the 50% silver dimes/quarters and 50-80% 1967 dimes/quarters. They're about on par with the USA 40% silver half dollars.
Even though the spot price isn't any different than it was a week ago, it's the psychological "gotta buy this deal now!" mentality that allowed me to make three separate sales tonight.
Typical smackdown (at exactly the time BB was speaking). The future of the dollar and how our leaders deal with massive debt problems continue to be the driving forces for long term PM value. Outlook remains unchanged.
Let's review. Regardless of what "the Chairman" says, if he allows rates to go up the stock market will crash and bond defaults will be accelerated. Government's record is quite poor from the perspective of bondholders, whether it is GM or the ECB. Besides that, low bond yields are a sure bet to lose ground. If you are a bondholder in this environment, I have to question why you would do that. Does "safety" now equate to a guaranteed erosion of capital?
If "the Chairman" holds rates at abnormally low levels, the only way to do it is through massive money creation. Otherwise, the bond market will demand more return for a commensurate amount of risk. Liquidity is what floats the stock market, gold and other commodities as well. So, either he keeps rates low, or he doesn't. It can't be both!
This hit on gold and silver was way disproportionate to what was happening in other markets, and I would posit that without the big banks" ability to play with paper on corrupt exchanges, the metals would barely have moved yesterday.
If we assume that the main purpose in any market manipulation is to control the wealth, it makes sense to me to step aside - to take my ball and go home. The more we do that, the less control they have over our money and our lives. Live to play another day.
And keep stackin'. It's real money.
Q: Are You Printing Money? Bernanke: Not Literally
No worries I bought a little tuesday which I guess if I waited til wednesday I would have got a little more. I'll buy a little next week and so on. Actually reading through some articles I saw bonds mentioned and it reminded me I bought a $200 bond early last year which I checked on and it was redeemable so I guess I'll buy a little more next week then this week.
agentjim007
Posts: 6,256 ✭
Comments
Give Me Liberty or Give Me Debt
<< <i>buy opportunity dead ahead >>
yea but you need that green paper stuff.... all I have is white and yellow metal
<< <i>
<< <i>buy opportunity dead ahead >>
yea but you need that green paper stuff.... all I have is white and yellow metal >>
white and yellow is good, but not so good to play the volatility. Paper is your friend on very short term ups and downs.
Give Me Liberty or Give Me Debt
It's my fault again guys, I bought a good chunk Monday night and yesterday.......
Too many positive BST transactions with too many members to list.
<< <i>It's my fault again guys, I bought a good chunk Monday night and yesterday.......
No no, it's mine. Every time I buy foreign metal online it drops, every time, like Colt 45.
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<< <i>buy opportunity dead ahead >>
I would have preferred the $75 selling oportunity that your crystal ball had forecast by July 1
<< <i>
<< <i>buy opportunity dead ahead >>
I would have preferred the $75 selling oportunity that your crystal ball had forecast by July 1
Crystal ball remains unchanged. I like the volatility between now and then.
Give Me Liberty or Give Me Debt
i guess i should look over at the AU and AG charts for the rollercoaster pic again!
<< <i>Are we having fun yet? >>
Could not resist APMEX sale...Silver at $1.29 over spot on a lot of their generic silver items.
this weekend but after the last few hours, I'm not sure I wanna
now.
Steve
<< <i>
<< <i>It's my fault again guys, I bought a good chunk Monday night and yesterday.......
No no, it's mine. Every time I buy foreign metal online it drops, every time, like Colt 45. >>
You guys weren't the only ones buying silver the past couple of days.
Worry is the interest you pay on a debt you may not owe.
Currency Wants: Any note with serial number 00000731
<< <i>is there a app for my laptop or a specific web site you guys use to keep updated on the prices throughout the day? I just go to Provident but I am sure there is a better place to go. >>
kitco silver, be sure to refresh each time for latest quote
Give Me Liberty or Give Me Debt
In God We Trust.... all others pay in Gold and Silver!
<< <i>
<< <i>
<< <i>It's my fault again guys, I bought a good chunk Monday night and yesterday.......
No no, it's mine. Every time I buy foreign metal online it drops, every time, like Colt 45. >>
You guys weren't the only ones buying silver the past couple of days.
I wish I was on silver. Gold today, right before the plunge.
<< <i>What triggered it is what I'm wondering about? >>
The markets believe Bernanke when he says he won't be creating new QE. They will soon come to their senses, stock up.
Give Me Liberty or Give Me Debt
the biggest banksters KNOW what will be said before and will "play" acordingly.
Okay, is anyone really surprised about this takedown? I mean, really?
I've been stacking cash for about the past 6 months, and I may have to spend some of it now.
I knew it would happen.
<< <i>******Famous Quote, from 57loaded, just yesterday******:
the biggest banksters KNOW what will be said before and will "play" acordingly.
Okay, is anyone really surprised about this takedown? I mean, really?
I've been stacking cash for about the past 6 months, and I may have to spend some of it now. >>
No I suppose not. It's like a recurring nightmare, after the fist couple of times you realize its just another dream, and then go on about your business.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>
<< <i>is there a app for my laptop or a specific web site you guys use to keep updated on the prices throughout the day? I just go to Provident but I am sure there is a better place to go. >>
kitco silver, be sure to refresh each time for latest quote >>
Click on the chart icon for silver. It looks rather amazing!
Kitco taskbar download
Give Me Liberty or Give Me Debt
<< <i>I use a free kitco download for my PC that shows current spot prices in my task bar.
Kitco taskbar download >>
Thanks Derrb, Installed.
See what talking gets us ?
<< <i>"I'd be very happy to talk to you about it "
See what talking gets us ? >>
Thanks twosides, did you also watch the accompanying Warsh interview by Ludlow, that was very interesting also. He (warsh) speaks with a not to subtle apprehension of that window of opportunity and if its not taken heed to.. what the results will be.
Even though the spot price isn't any different than it was a week ago, it's the psychological "gotta buy this deal now!" mentality that allowed me to make three separate sales tonight.
Think of it as a buying opportunity
Embry - Gold & Silver Smash Temporary, Oil to Super-Spike
Give Me Liberty or Give Me Debt
If "the Chairman" holds rates at abnormally low levels, the only way to do it is through massive money creation. Otherwise, the bond market will demand more return for a commensurate amount of risk. Liquidity is what floats the stock market, gold and other commodities as well. So, either he keeps rates low, or he doesn't. It can't be both!
This hit on gold and silver was way disproportionate to what was happening in other markets, and I would posit that without the big banks" ability to play with paper on corrupt exchanges, the metals would barely have moved yesterday.
If we assume that the main purpose in any market manipulation is to control the wealth, it makes sense to me to step aside - to take my ball and go home. The more we do that, the less control they have over our money and our lives. Live to play another day.
And keep stackin'. It's real money.
I knew it would happen.