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India to surpass U.S. in silver imports

CaptHenwayCaptHenway Posts: 32,144 ✭✭✭✭✭
in Precious Metals
From Coin WOrld:


sorry, can't get the blasted link to work on this site
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.

Comments

  • CaptHenwayCaptHenway Posts: 32,144 ✭✭✭✭✭
    Second try:

    linky
    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.
  • CaptHenwayCaptHenway Posts: 32,144 ✭✭✭✭✭
    Forget it. I give up trying to link stuff here. You'll have to buy a subscription to Coin World online.

    There is another story about China buying huge quantities of gold. Here's a probably no good link to it:

    gold link
    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.
  • OPAOPA Posts: 17,121 ✭✭✭✭✭


    << <i>Forget it. I give up trying to link stuff here. You'll have to buy a subscription to Coin World online.

    There is another story about China buying huge quantities of gold. Here's a probably no good link to it:

    gold link >>



    Linky no goody
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    So, lots of folks worldwide, present company included, is amassing large quantities of silver bullion, which is stored in their lock boxes.

    What for? Obviously, as an investment, with the intent of selling it for more someday, or at least preserving the value. No one buys and investment with the goal to lose money.

    What's going to happen when the people who own that silver want to sell it, at the same time the miners are still digging it up and the government mints and private companies are minting more and more coins and bars every single day?

    Who's going to be buying? And what forms of silver bullion will they choose to purchase and put in their lock boxes?

    I guess a new generation of investors. Better keep the hype machine going on hard money, and better keep thinking up creative new designs for the rounds and rectangles

    As long as it's neat and fun to "stack", there will be a percentage of humans who enjoy the activity, sure hope the percentage keeps growing!

    PS, with all this buying, how come silver stuck below $20 oz? What's it cost to mine, refine, and deliver an oz? What's the markup along the way from the dirt to the lock box?

    Liberty: Parent of Science & Industry

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Try this Capt

    Apparently Coin World is a little behind the times as India over took the US in silver imports in 2013. While they did cut back during the down year of 2012, they went back to full tilt in 2013. In fact 2013 and 2014 were higher than 2011 went things went nuts.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • GRANDAMGRANDAM Posts: 8,517 ✭✭✭✭✭
    If you delete the http:// before you paste your link into the link box you will get a working link.

    Maybe PCGS should just remove the http:// from automatically showing up as a defult in the link box?

    Gold Link

    GrandAm image
    GrandAm :)
  • CaptHenwayCaptHenway Posts: 32,144 ✭✭✭✭✭


    << <i>If you delete the http:// before you paste your link into the link box you will get a working link.

    Maybe PCGS should just remove the http:// from automatically showing up as a defult in the link box?

    Gold Link

    GrandAm image >>



    I always do, but it still didn't work. I agree that PCGS should remove the prompts from the templates.

    Thanks for the corrected links.
    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.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>If you delete the http:// before you paste your link into the link box you will get a working link.

    Maybe PCGS should just remove the http:// from automatically showing up as a defult in the link box?

    Gold Link

    >>




    That Coin World link discuss gold imports into China and India. And China is importing 1200-1500 tonnes/yr the past 2 years. Didn't anyone tell them that "cash is king." image

    Coin World writer Paul Gilkes, who has been around for years, references Koos Jansen's stats from Bullionstar.com. Perish the thought! Coin dealer/bullion player Mike Fuljenz referenced as well (formerly of Blanchard and Co. years back)l. Doesn't CoinWorld know that those guys aren't "Cohodk approved"?
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭
    Silver's in high demand and the delivery boy is slow.
  • GRANDAMGRANDAM Posts: 8,517 ✭✭✭✭✭


    << <i>

    << <i>If you delete the http:// before you paste your link into the link box you will get a working link.

    Maybe PCGS should just remove the http:// from automatically showing up as a defult in the link box?

    Gold Link

    GrandAm image >>



    I always do, but it still didn't work. I agree that PCGS should remove the prompts from the templates.

    Thanks for the corrected links. >>



    ---------------------------------------------

    The link you posted above has the http:// in it. If you delete it and refresh the page the link works.

    GrandAm image
    GrandAm :)
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