|
Camping, Hiking and Outdoor Activities Camping, hiking, and other outdoor activities within. |
|
Thread Tools | Display Modes |
#3
|
||||
|
||||
From what I read, the sell price is $144.70 0n a 10oz bar = 14.47 per oz.
__________________
"If Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions." --James Madison 'Letter to Edmund Pendleton', 1792 |
#5
|
||||
|
||||
Yes, all retail sales include a premium and premiums have been sky-high lately leading to those claims that the government is conspiring to hold the price of gold/silver down. The government is no more holding down the price of gold or silver than it is causing a shortage of ammunition. What you are seeing is the free market in operation. There are some concerns that some of the Exchange Traded Funds (e.g. GLD) are not fully backed by physical metal and have been the cause of high premiums. Be that as it may that is an excellent bargain for physical silver these days. I tend to like pre-1964 US silver coinage for my cache but I am tossing some 10 oz bars in. I prefer Englehard bars but can't find any at a decent premium these days.
__________________
|
#6
|
|||
|
|||
I don't necessarily agree with you as there is only so much supply and the demand has increased faster than the price with schifs little company holding something like a half billion in gold alone now. and with other markets like china and india rapidly expanding gold use and acquisition the rise in prices has not matched it.
So it's very easy to assume there may be forces at play here that are beyond most peoples knowledge. |
#7
|
||||
|
||||
That's a good deal. Thanks for the heads up.
__________________
Campaign For Liberty NRA Member WTB: Ruger 10/22 .22 Revolver Double Barreled 20 Ga. C&R SKS C&R Single Shot Bolt Action .22 |
#8
|
||||
|
||||
I would agree. I think we can all agree that we should all own some precious metals because, regardless of what happens to paper money, metals will always have an intrinsic value that can be sold or traded.
Quote:
__________________
"If Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions." --James Madison 'Letter to Edmund Pendleton', 1792 |
#9
|
||||
|
||||
Precious metal coins/bars/etc. are too easy to forge. After getting bit one time, it's a classic case of "Fool me once: shame on you. Fool me twice: shame on me."
I strongly prefer items with high utility value for SHTF situations. 9mm, .22LR, dried food, etc.
__________________
"Ecuador offers the United States $23 million a year in economic aid, an amount similar to what we were receiving under the tariff benefits, with the purpose of providing human rights training that will contribute to avoid violations of people's privacy, that degrade humanity," --Fernando Alvarado |
#11
|
||||
|
||||
I've bought from APMEX. Very pleasant transactions.
Regards, SwissFluCase
__________________
"We don't discuss the governor's arsenal in detail" - Brown spokeswoman Elizabeth Ashford |
#12
|
||||
|
||||
I always have wondered how you would test one of these things without melting it down. Do you follow Archimedes' example, or is there another way?
__________________
Quote:
---------------------------------------------------- "You see in this world there's two kinds of people, my friend. Those with loaded guns, and those who dig. You dig." - Blondie |
#13
|
||||
|
||||
Quote:
Do you have a link to some articles that describe what's going on? thanks, |
#16
|
||||
|
||||
Generally you buy & sell silver at a B&M (brick and mortar = real world) coin store. For pre-1964 silver coins the spread is usually quoted in multiples of face value (real easy to figure out - yet another reason why I like silver that way). For example, recently in Santa Cruz the spread was buy 9.5x and sell 10.2x.
__________________
|
#17
|
||||
|
||||
I do not think it is time to dump GLD. It is an easy and convenient way to get and get out of gold and take a profit. I think the rumors are FUD but they do circulate. I think the rumor may have started when some of the exchanges announced they had gold in different sized bars then their contracts were for and that one would need multiple contracts to take physical delivery. They also charge outrageous premiums of physical gold - mostly because it is PITA to get it assayed if it goes out of depository or comes back in.
__________________
|
#18
|
||||
|
||||
Interisting read: Silver or Gold
|
Thread Tools | |
Display Modes | |
|
|