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Survival and Preparations Long and short term survival and 'prepping'.

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  #161  
Old 06-21-2013, 5:21 AM
daves100 daves100 is offline
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Default silver

check out Blue Vault 1.39 over spot.
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  #162  
Old 06-21-2013, 6:47 AM
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Quote:
Originally Posted by TheChief View Post
Dang, wish shops in my neck of the woods would do that. I called four shops yesterday, and even with the falling prices they are sticking to $7 over. Back when it was just a couple over I would buy 2-3 every weekend. Not any more with those fees.

Saving up for a bulk buy online.
This place actually flucuates with the price and how hard it is to get at the time. I have seen .98c-2.25 over spot. Two weeks ago they were 1.45 over.

Its liberty coin in Signal Hill , CA. Not sure if the do phone orders or not?

But Im thinking 22LR is a better bet leading up to and IN shtf. After shtf it may be better as well. Better to have 1 million rounds of 22LR.

My cost before the "crisis" was .02c ea for 22LR. In March of this year you could get .20c/ea. A 25k investment during "normal" times could net you a 200k after the crisis kicks in. The ammo shortage is only a minor crisis. If something big hit you might get much more $$$$ for your 22lr ammo.

Last edited by problemchild; 06-21-2013 at 6:57 AM..
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  #163  
Old 06-21-2013, 8:58 AM
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It is kind of scarey when it seems like everything is going down (over the last few days) at the same time. Oil, PM's, Stock market and even guns and ammo. Seems like you can find .223 ammo a lot less than a couple months ago.
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  #164  
Old 06-21-2013, 9:06 AM
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Quote:
Originally Posted by problemchild View Post
But Im thinking 22LR is a better bet leading up to and IN shtf. After shtf it may be better as well. Better to have 1 million rounds of 22LR.

My cost before the "crisis" was .02c ea for 22LR. In March of this year you could get .20c/ea. A 25k investment during "normal" times could net you a 200k after the crisis kicks in. The ammo shortage is only a minor crisis. If something big hit you might get much more $$$$ for your 22lr ammo.
Sell it for .20/round and you wouldn't even be accused of gouging
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  #165  
Old 06-21-2013, 9:17 AM
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Originally Posted by DTOM CA! View Post
It is kind of scarey when it seems like everything is going down (over the last few days) at the same time. Oil, PM's, Stock market and even guns and ammo. Seems like you can find .223 ammo a lot less than a couple months ago.
Its a global plan to destroy the USA. Read this if you dare. This is the third or fourth report. He has been accurate so far. Its a leaker in DC. If it doesnt make your gut sink you are not informed enough.

http://canadafreepress.com/index.php/article/56029
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  #166  
Old 06-21-2013, 12:04 PM
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Provident metals is almost always better than apmex on everything. Less numismatic coins though
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  #167  
Old 06-21-2013, 9:34 PM
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Quote:
Originally Posted by TheChief View Post
Dang, wish shops in my neck of the woods would do that. I called four shops yesterday, and even with the falling prices they are sticking to $7 over. Back when it was just a couple over I would buy 2-3 every weekend. Not any more with those fees.

Saving up for a bulk buy online.
I always just buy mine at silvertowne.com They average 2.50-3.50 over spot and its free shipping.
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  #168  
Old 06-22-2013, 5:47 AM
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Silver might be at around $20 or slightly less, but does anyone have a local coin store that sells American silver eagles less than $25? Providentmetal is my usual online site, but with shipping and handling that really starts adding up.
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  #169  
Old 06-22-2013, 10:08 AM
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I deal with Republic Metals on a wholesale basis for large PM orders $1Million or more. My price is $2 over spot + 1% Oz. on 1 kilo bars. So SPOT at $1,250 an Oz. I sell for $1,265 a $15 profit per Oz. On a $1Million order I get $10,000.

If I'm buying personally from an individual I'll pay SPOT and sell for SPOT. If business, I by for 2-3% under SPOT and sell for 2-3% over SPOT for a 5% spread...or $.99-$1.19 per Oz. above SPOT with Silver.

I feel there are better entry points in the near future...wait 30-60 days and buy in between $15-$18. should be good for a pop into mid 2014...then get out in the low $20's.

As soon as intrest rates rise, PM's will retrace to 2000 levels of $500-$800 Gold and $8-$12 Silver. I expect this to happen sometime late 2014 early 2015 as the Fed rate will be at 5% or more.

As the dollar strengthens and inflation is kept at bay PM's are NOT a good investment.

Right now my institutional buyers and wealthy clients are out of PM's...Most sold between April and May. They only bought as a hedge.
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  #170  
Old 06-22-2013, 8:18 PM
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Quote:
Originally Posted by glockman19 View Post
I feel there are better entry points in the near future...wait 30-60 days and buy in between $15-$18. should be good for a pop into mid 2014...then get out in the low $20's.

As soon as intrest rates rise, PM's will retrace to 2000 levels of $500-$800 Gold and $8-$12 Silver. I expect this to happen sometime late 2014 early 2015 as the Fed rate will be at 5% or more.
I've been thinking the same thing: a five year head and shoulders pattern.
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  #171  
Old 06-23-2013, 8:21 AM
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Quote:
Originally Posted by glockman19 View Post
...
As soon as intrest rates rise, PM's will retrace to 2000 levels of $500-$800 Gold and $8-$12 Silver. I expect this to happen sometime late 2014 early 2015 as the Fed rate will be at 5% or more.
It's been six years since the Fed rate was at 5%.... I'd be very surprised if they got that high by the end of 2014. But I guess we'll see.
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  #172  
Old 06-23-2013, 12:25 PM
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What country do you live in? Its certainly not the USA. The dollar isnt going back up anytime soon.

Lets look at a few inconvenient facts....

Fatherland security has been built up like no tomorrow. Heavily armed and funded to quell an uprising likely caused by gun bans, dollar collapse or heavy socialistic Presidential Orders/Bad supreme court rulings.

Unfunded debt is now 230 TRILLION + dollars (What we know about)

Union "public sector" pensions will collapse most cities and states real soon.

The Chinese debt is being re-paid with "stuff" like ports, land, mines, minerals, oil etc.

The open border AMNESTY scam being voted on right now will DESTROY the country by giving the Progressive-Socialist Party a 45 MILLION voter handicap. Conservatives will NEVER win another election.

Do I really need to go on ?????????


Quote:
Originally Posted by glockman19 View Post
I deal with Republic Metals on a wholesale basis for large PM orders $1Million or more. My price is $2 over spot + 1% Oz. on 1 kilo bars. So SPOT at $1,250 an Oz. I sell for $1,265 a $15 profit per Oz. On a $1Million order I get $10,000.

If I'm buying personally from an individual I'll pay SPOT and sell for SPOT. If business, I by for 2-3% under SPOT and sell for 2-3% over SPOT for a 5% spread...or $.99-$1.19 per Oz. above SPOT with Silver.

I feel there are better entry points in the near future...wait 30-60 days and buy in between $15-$18. should be good for a pop into mid 2014...then get out in the low $20's.

As soon as intrest rates rise, PM's will retrace to 2000 levels of $500-$800 Gold and $8-$12 Silver. I expect this to happen sometime late 2014 early 2015 as the Fed rate will be at 5% or more.

As the dollar strengthens and inflation is kept at bay PM's are NOT a good investment.

Right now my institutional buyers and wealthy clients are out of PM's...Most sold between April and May. They only bought as a hedge.
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  #173  
Old 06-23-2013, 2:46 PM
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Quote:
Originally Posted by problemchild View Post
Its a global plan to destroy the USA. Read this if you dare. This is the third or fourth report. He has been accurate so far. Its a leaker in DC. If it doesnt make your gut sink you are not informed enough.

http://canadafreepress.com/index.php/article/56029
the sad thing is you are right and the President is doing it right in front our faces with no backlash and those that challenge him are called racists.

yes his plan is to diminish this country if not outright destroy it from what it was founded upon.
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  #174  
Old 06-24-2013, 7:36 AM
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Quote:
Originally Posted by problemchild View Post
What country do you live in? Its certainly not the USA. The dollar isnt going back up anytime soon.

Lets look at a few inconvenient facts....

Fatherland security has been built up like no tomorrow. Heavily armed and funded to quell an uprising likely caused by gun bans, dollar collapse or heavy socialistic Presidential Orders/Bad supreme court rulings.

Unfunded debt is now 230 TRILLION + dollars (What we know about)

Union "public sector" pensions will collapse most cities and states real soon.

The Chinese debt is being re-paid with "stuff" like ports, land, mines, minerals, oil etc.

The open border AMNESTY scam being voted on right now will DESTROY the country by giving the Progressive-Socialist Party a 45 MILLION voter handicap. Conservatives will NEVER win another election.

Do I really need to go on ?????????
The Dollar has been gaining strength over other currencies in the last month. As interest rates rise in the U.S. As the dollar and interest rates rise PM's being interest sensitive will go down.

This is why Gold will NOT break $1,300 anytime soon and Silver will stay under $20.

I would buy GLD & SLV Puts through the end of the year. Jan 14' $15, $16 & $17 Puts look good as does GLD Jan and March $110 or $120 Puts.
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  #175  
Old 06-24-2013, 6:29 PM
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Got the snake coin in:



Also, got the 2013 Britannias in. ****ty quality just like I was warned about. I only got the one though.



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  #176  
Old 06-24-2013, 6:41 PM
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I still think the American Eagles are purdiest:





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  #177  
Old 06-25-2013, 10:26 AM
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I just need 30 of these coins so I can pay someone to betray Jesus to the Sanhedrin priests.
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  #178  
Old 06-25-2013, 9:12 PM
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Gold & Silver down in afterhours...

Gold $1,250, traded as low as $1,245
Silver $19.00, traded as low as $18.70

Both are trending downward.
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  #179  
Old 06-25-2013, 9:42 PM
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Quote:
Originally Posted by problemchild View Post
What country do you live in? Its certainly not the USA. The dollar isnt going back up anytime soon.

Lets look at a few inconvenient facts....

Fatherland security has been built up like no tomorrow. Heavily armed and funded to quell an uprising likely caused by gun bans, dollar collapse or heavy socialistic Presidential Orders/Bad supreme court rulings.

Unfunded debt is now 230 TRILLION + dollars (What we know about)

Union "public sector" pensions will collapse most cities and states real soon.

The Chinese debt is being re-paid with "stuff" like ports, land, mines, minerals, oil etc.

The open border AMNESTY scam being voted on right now will DESTROY the country by giving the Progressive-Socialist Party a 45 MILLION voter handicap. Conservatives will NEVER win another election.

Do I really need to go on ?????????
http://www.marketwatch.com/story/dol...?siteid=YAHOOB

Currencies Archives | Email alerts
June 26, 2013, 12:46 a.m. EDT
Dollar rises for sixth straight day

LOS ANGELES (MarketWatch) — The U.S. dollar was on track for a sixth day of gains on Wednesday, with the recent push higher supported by data underscoring the Federal Reserve’s view of an improving economy and a likely slowdown in monetary stimulus.

The ICE dollar index /quotes/zigman/1652083 DXY -0.06% , which measures the U.S. unit against six other major currencies, rose to 82.680 from 82.553 late Tuesday in North America.

The WSJ Dollar Index /quotes/zigman/9625991 XX:BUXX -0.03% , a rival gauge with a slightly wider comparison basket, moved up to 74.43 from 74.39.
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  #180  
Old 06-25-2013, 10:09 PM
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Yeah and the Titanic bobbed her nose up after she spit in half. Let me know how things look for that greenback for 3-5-10yrs. The whole kabuki theater is burning.

Amnesty will destroy the country
1000's of trillions in debt
Union pensions are bankrupting the nation
Communists running the government
EVERY politician is corrupt
EVERY high up military leader is more worried about his pension then his oath to the country.
The supremes have turn-coated
Circuit judges are tainted and agendized
Schools are teaching socialism and dumbing down the next generations
Agenda 21 is in EVERY city in the USA including small town USA
Obamacare and the IRS will RULE over us like NO enslaved people have ever seen before
The constitution is GONE and the funniest part is NO ONE cared.
Bread and circuses



But hey look at the greenback go.........






Quote:
Originally Posted by glockman19 View Post
The Dollar has been gaining strength over other currencies in the last month. As interest rates rise in the U.S. As the dollar and interest rates rise PM's being interest sensitive will go down.

This is why Gold will NOT break $1,300 anytime soon and Silver will stay under $20.

I would buy GLD & SLV Puts through the end of the year. Jan 14' $15, $16 & $17 Puts look good as does GLD Jan and March $110 or $120 Puts.

Last edited by problemchild; 06-25-2013 at 10:20 PM..
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  #181  
Old 06-25-2013, 10:18 PM
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buy low. celebrate that its getting lower. buy more. It'll go back up.
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Where is this ammo "Black market" he speaks of? Do they have .223 in stock?
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  #182  
Old 06-26-2013, 8:05 AM
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Be aware that the mining unions in South Africa are all demanding large wage increases, up to 150% this summer. This could result in strikes which, in turn, could result in a squeeze in the futures which would filter down to spot.
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  #183  
Old 06-26-2013, 9:41 AM
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PM's close the day on the NYMEX.

Gold - $1,231.90 - DOWN $45.90
Silver - $18.73 - DOWN $.90

Back to 2010 levels. Trending lower.
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  #184  
Old 06-26-2013, 10:55 AM
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I hear you glockman19 but a life built on lies, is not a good foundation.
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  #185  
Old 06-26-2013, 3:36 PM
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I hear you glockman19 but a life built on lies, is not a good foundation.
?...What are you talking about...?
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  #186  
Old 06-26-2013, 3:55 PM
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It will soon be BUYING TIME on silver! Over the summer, it is likely that the economy, for the average person will get worse. Joe and Jane Sixpack are short on cash. On Main Street America . . . Cash talks louder these days.

Sold off all but 10 (ten) of the Silver Maple Leaf coins when the metal was about $36 an ounce. Figured that with the "ground level" economy being in Depression mode, the dollar would get stronger. It did! Meanwhile, the phony economy with billions in electronic created money goes over the heads of the working class and directly into the stock market speculative bubble. It's a strange situation that hasn't happened before. There are actually two economies working in opposite directions. In comparison, this 2013 situation is going to make the German Weimar Republic seem like a good idea.

When the fake stock market blow-out comes, expect silver and other metals with commodities to rise fast in response.

Last edited by Capt Quahog; 06-26-2013 at 3:57 PM..
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  #187  
Old 06-26-2013, 3:56 PM
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http://www.ft.com/intl/cms/s/0/9aac9...#axzz2XMve3aiK


From this article, it looks like gold is dropping because big investors,
who previously bought billions of dollars in gold, are now selling,
because they see it going down, so if they want to profit, now is
their time to do it. But once other investors see people dumping
gold, they dump theirs as well, and the panic selling starts....

Most ups and downs in stocks, gold, currency, have nothing
to do with you and me. It has to do with greedy rich people,
buying and selling things, to make a quick profit.

They aren't looking at the big picture, or the realities of
the US economy. They bought gold when it was cheap,
waited for it to go up in value, and now they are selling.

Regular people need to do what is right for preserving
their own wealth. If you feel like gold is a good thing
to have, then you want to do exactly what they did,
which is to buy a lot of it when it's low.

People get into panic buying of gold, the same way they
get into panic buying of ammo. Buy what you need,
when it's affordable. If you are one of the people panic
buying, or panic selling, you are just part of the problem.
Hopefully all of these recent panics will help people
realize that they need to get all their preps in place,
and then relax. If you are prepared, then you don't
need to be panic buying gold, or ammo, or anything else.
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  #188  
Old 06-26-2013, 3:57 PM
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Ill see your snake and raise you..........

Folks in Idaho might not take too kindly to Chinese coins after the economy collapses.






Quote:
Originally Posted by dadoody View Post
Got the snake coin in:



Also, got the 2013 Britannias in. ****ty quality just like I was warned about. I only got the one though.



Last edited by problemchild; 06-26-2013 at 3:59 PM..
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  #189  
Old 06-26-2013, 4:03 PM
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Quote:
Originally Posted by chris View Post
the sad thing is you are right and the President is doing it right in front our faces with no backlash and those that challenge him are called racists.

yes his plan is to diminish this country if not outright destroy it from what it was founded upon.

53% of the voters chose to relect Obama.
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  #190  
Old 06-26-2013, 5:07 PM
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Glockman 19 I was not referring to you, but the whole banking system, government propaganda, the federal reserve. The whole system is not based on labor & production.
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  #191  
Old 06-27-2013, 10:30 AM
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Silvertowne is ok for silver bullion (spot + $2)
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  #192  
Old 06-27-2013, 12:44 PM
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Ruh Ro....

It's going to a long slow grind back to pre o prices IMO.
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  #193  
Old 06-27-2013, 1:14 PM
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Buy buy buy... Hehehe.
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  #194  
Old 06-27-2013, 6:10 PM
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As of this post:

Silver per ounce - $18.52
Gold per ounce - $1,190.90
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  #195  
Old 06-27-2013, 8:02 PM
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Quote:
Originally Posted by Sunday View Post
53% of the voters chose to relect Obama.
Or 10.6% voted 5x or more.

"Let the people freely vote for whom they wish, as long as we get to count the vote." -- Barrack H Obama
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  #196  
Old 06-28-2013, 10:21 AM
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Gold and Silver make a bottom bounce due to lack of supply.

I hear that the reason prices rose today is because NO ONE had any physical to sell...holders were not selling and there are many buyers leaving the market without enough gold and silver to meet demand...therefore...the price went up to where some felt better about selling.

What does this mean?

To me it projects a temporary floor.

I am still not a buyer at these levels.
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  #197  
Old 06-28-2013, 11:21 AM
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Quote:
Originally Posted by glockman19 View Post
Gold and Silver make a bottom bounce due to lack of supply.

I hear that the reason prices rose today is because NO ONE had any physical to sell...holders were not selling and there are many buyers leaving the market without enough gold and silver to meet demand...therefore...the price went up to where some felt better about selling.

What does this mean?

To me it projects a temporary floor.

I am still not a buyer at these levels.
Yep, I am going with the temporary floor and waiting as well. And none of my local coin shops are selling Silver rounds.
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  #198  
Old 06-28-2013, 6:07 PM
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Bottom line? Use cost averaging by buying tangibles monthly... a little each month of ammo, magazines, silver, 1/10 oz (fungible) gold Eagles, canned fish/meats, quality knives/tools, 100 watt $160 solar panels, batteries, gun spare parts, etc... but buy on the dips means silver is a better buy than ammo right now (apart from 12ga)





Letter Re: What is Behind the Dip in Precious Metals Prices?

James,
Could you or someone you trust please explain why spot silver has dipped below $20 per Troy ounce?*Those of us who don't have the experience or ability to ferret this knowledge out for ourselves would be grateful. In addition, a forecast for how long this dip might last, would be greatly appreciated. - D.W.N.

JWR Replies: The short answer to your question is that Ben Bernanke spoke and the markets panicked. All that it took to spook the markets was an indication that Quantitative Easing monetization might end in the next year, and suddenly everyone realized that the FREE MONEY game might be coming to an end. The absurdly low interest rates (a product of the ZIRP since 2008) no longer looked like a sure thing. To explain: When interest rates rise, the ability of speculators to carry on with highly-leveraged investments is threatened. There was just a faint chill of a potential credit crunch (a la 2008) and it induced and involuntary shiver throughout the markets. Suddenly there was a rush toward liquidity. There was widespread selling of just about everything, to generate cash. Consequently the market price of nearly all investment vehicles took a hit. Across the board, stocks, some bonds, precious metals, and nearly all agricultural commodities dropped between 3% and 20%, overnight. Within 48 hours the 10-year Treasury Note yield rate jumped 40 basis points. And mind you, this was not a full-blown market crisis--just the foreshadowing of the real credit crisis, to come.

When the credit bubble eventually does burst, we will see a huge jump in interest rates--perhaps as much as 8 percent increase in just a few days. The derivatives casino that has built up in the past five years that has been playing off miniscule moves of a few basis points are going to be wiped out by any such large swing in rates. And when rates jump we can kiss the artificial "recovery" goodbye. The easy money speculative markets will implode. It will suddenly become nearly impossible for the Federal government to service its massive debt. This will force one of two escape strategies by the Fed and the Treasury Department. They will either choose: Option A,) Go Cold Turkey and institute Greek Tragedy-style austerity measures. They will see no choice but to radically raise taxes, slash government spending, and loot the bank accounts and pension funds of the citizenry. The economy will crash and there will be huge layoffs.

or...

Option B.) They will attempt to re-inflate the Big Dang Bubble once again, with massive monetization. If they choose this route they will destroy the value of the Dollar through mass inflation. And the economy will crash and there will be huge layoffs. (Note the common outcomes of both Options.)

Buckle up folks. Diversify into barterable tangibles, I'm betting that the spineless worm bureaucrats will go Full Mugabe and choose Option B, because it is more politically expedient. But regardless, in the long run the U.S. Dollar is doomed.

In answer to your second question: The dip in precious metals may continue for several months. But I anticipate that in October or November of 2013, the prices of gold and silver will recover, and the bull market will resume.

Don't let the current dip in the metals spook you. Rather, look at this as a buying opportunity. When the inevitable crisis arrives, regardless of which escape strategy is attempted, precious metals should recovery nicely. And if Bernanke and Company selects Option B, then the upside potential for the metals is tremendous.

http://www.survivalblog.com/2013/06/...ls-prices.html

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http://www.survivalretreatconsulting.com,

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  #199  
Old 06-28-2013, 11:32 PM
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Old 06-28-2013, 11:38 PM
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If you dont know if its a good time to buy or sell... you shouldnt do either because you dont understand the only two reasons to own metals.
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