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You can hear crickets around here.

mrpaseomrpaseo Posts: 4,753 ✭✭✭
Where are all the PM dwellers? All sitting back waiting for the pop? or should that been boom?

I have been reading and watching some videos... Oh boy what I am learning about the economy and where we are heading...

So much to do, so little time.

Keep stackin,
Ray


Cricket

Comments

  • derrybderryb Posts: 36,825 ✭✭✭✭✭
    I'm expecting further short term downside, been busy getting the cash ready.

    Learn all you can about the economy, that's where PM fundamentals originate.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    I hear the sound of bids that I have to beat, every day my phone rings. The funny thing is, I don't have to beat any bids. LOL
  • I checked two local bullion dealers today and they don't have any cheap stuff just high mintage 2013 panda's for $45, 2013 Koala's for $10 over, 2013 Brittania's for $10 over. They expect some NTR 10 and 100 oz. bars in a week or two but premiums have shot up to double where they were a short time ago. I am waiting it out to see if silver falls to support at $20 but I suppose premiums will rise $2-3 more on the common stuff so maybe it wont really matter???
  • C0INB0YC0INB0Y Posts: 627 ✭✭
    I think they are counting stacks, cash, surfing Bullion seller web sites, reading Zero Hedge, and watchiing live Kitco PM Charts, other than that they are watching Downton Abbey - Season 1 on NETFLIX
    I was ‘COINB0Y' with 4812 posts and ‘Expert Collector’ ranking (Joined in 2006).
  • cohodkcohodk Posts: 19,143 ✭✭✭✭✭
    Learn all you can about the economy, that's where PM fundamentals originate

    X2. Learn, learn, learn. Then learn some more.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • tneigtneig Posts: 1,505 ✭✭✭
    So, where is all the silver then? Is there a lag in the supply chain to the minters?
    Have we just temporarily just bought out everything?
    COA
  • PerryHallPerryHall Posts: 46,140 ✭✭✭✭✭


    << <i>So, where is all the silver then? Is there a lag in the supply chain to the minters?
    Have we just temporarily just bought out everything? >>



    Yup. Many bullion hoarders are buying at these bargain levels and supply can't keep up with demand. Simple as that.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • illini420illini420 Posts: 11,466 ✭✭✭✭✭
    Best deal I could find locally yesterday was Silver Eagles for $27 each. About $3.50 over spot at the time. But most places were not selling at all or claimed to be sold out.
  • tneigtneig Posts: 1,505 ✭✭✭
    So bored with PMs right now, I just having a few hard boiled eggs and toning some silver at the same time.
    COA
  • rickoricko Posts: 98,724 ✭✭✭✭✭


    << <i>just having a few hard boiled eggs and toning some silver at the same time. >>



    image They are good for that....along with crushed matches, gunpowder etc...... happy tarnishing....Cheers, RickO
  • jmski52jmski52 Posts: 22,863 ✭✭✭✭✭
    So, where is all the silver then? Is there a lag in the supply chain to the minters?
    Have we just temporarily just bought out everything?


    It's an interesting question. Most of the reports that I read indicate that more coins & bars are being sold by nearly every source, which does tell me that the market for "investment silver" is growing.

    If the investment silver market is indeed growing, the logical followup question would be "why?" Most of us on this website know that answer, but it does appear that more people are becoming concerned enough about their money that they are starting to wake up to the Fed's over-issuances of QE.

    It's about time.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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