Market Currents
An unmistakable trend is under way as investors cash in their bond ETF holdings and pour the...
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Saturday, September 22, 2012, 10:02 AM ETAn unmistakable trend is under way as investors cash in their bond ETF holdings and pour the money into stock funds. "A lot of fixed-income oriented people have decided to start chasing equities," says an ETF trader, as they fear being left behind by an equity market juggernaut (they already have been). Also seeing a rush are precious metals ETFs - the physical and the miners.
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The market is dead, our fiat money is dead. Now finally the rush will prove this correct.
Even the ETF'S of commodities are in trouble. The safe play, although some don;t want the hassle, it to buy PHYSICAL.
Don't be a deer in headlights once the other shoe drops., and it will drop.
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If you can, buy American Silver Eagles. They will be easier to get rid of one day and are worth more now !! Engelhard and Matterny are ok as well.
But try to stay away from generic stuff and if you can buy from a local coin shop using cash !!!
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Watch this video...Also check out gainesvillecoins.com..... try to find a local coin guy and pay in cash, no receipt, no trail.
I learned the hard way as some of my generics didn't even weigh an ounce!!
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If i can help anymore just PM me!! I got a ton of help that way when i started investing into this years ago..
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The markets have been kinda wierd the last few weeks. Plus i read over the last 2 months monthly outflows over a couple of billions happens weekly.
So for a quick trade i would agree .. BUT to say 6 to 12 months from now...That is guessing and guessing too close for my comfort level.
Maybe until the election, but after all bets are off imho. Check out that video i posted explaining fractional currency and how it works. It is not all about gold and silver. But our monetary system..It is an eye opener..
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Just how slow is the question...I just believe that at silvers price now people should start accumulating physical...$100 per ounce isn't out of the question once the manipulation is slowed down. Not even sure we will stop it.
But it is out and reported on so something has to give. I will take 50 bucks by the end of 2013...
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Just be prepared!!
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I remember when i started my due diligence study a poster once said..I DON'T BELIEVE WHAT I CAN BUY WITH THIS CRAP (FIAT) PAPER!!
He is right, just don't know when the SHTF..
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In the meantime, try DGP.
the strongest sectors have been finance,consumer discretionary,and technology. the other sectors have all underperformed by varying degrees.
I've been reducing the overall volatility of my portfolio,taking some profits and putting the money into cash,tlt,and inverses.
20% drop in equities !!!!
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To me i honestly believe NO politician can fix our problem...We are so close to the tipping point it ain't funny. That is why i am leaning toward the commodities now.
If BO can continue his money printing bread will be 10 bucks a loaf and quickly...Who is going to lend us money soon?? Interest rates WILL go up, our ratings WILL go down, imho
Check out the other chatroom i listed and ask them the same question. See what they come back with..
http://seekingalpha.co...
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MY extensive research shows SLV to be a joke. I know you did not mention it but maybe GLD is as well. My other concern is a market collapse in Asia one day so bad that maybe our markets don't open up.
Old saying. If you can't touch it you don't own it. !!
I am attaching a link to a 90 minute seminar that might answer many questions you have.
http://bit.ly/LUiFYg
To me it is a MUST watch, it will enlighten you. THINK SILVER AS WELL!!
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Great site to read about gold and silver. Tons of articles updated daily !!
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imho
Start stacking up those coins. Fiat money coming to an end, insiders are selling like 6 to 1 ratio, no good economic news, no good foreign news, no good candidiates for POTUS...Need i continue?
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Join us Happy Canadians, with the Mounties to guard us from the USA banksters and Hellicopter Rough Riders on the southern plains!
If you are holding PHYSICAL you won't take any loss since you don't have to trade !!! Their is a world crises going on right now so i feel safer with physical.
Others invest at your own risk !!
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Specifically, CEF (Canadian Central Fund) that holds physical silver and gold.
PSLV and CEF are fine, However my only concern is if we really have a currency problem, or the dollar somehow isn't the world currency anymore.What happens!!!
Others have a fear that ASIA opens one day and collapses, then the US declares a holiday for the market. At that point once the market opens EVERYONE will be looking to sell., So those of us that hold physical are fine, those in an ETF or one of the above might take a bath,
If you are trading and actively watching it then you should be fine. But if this is for 10 years down the road i would be very careful which choice you make.
QEi has never been done before so we will have to evaluate the inflation and other problems that will come with it. Remember if this was the answer for recessions then why hasn't it been done in the past religiously?
If truckers slow down deliveries because the price of gas goes too high the shelves will get empty in the stores pretty quickly as well. That is why some of us are preppers, buying extra food, toilet paper, etc. just in case.
Some of us already own guns for the worst case senerio...seriously hope that never happens but i rather be prepared then unprepared. Unemployment is still close to 400k a week, Soon people who run out of unemployment checks are gonna get hungry!!
Plus insiders are selling stocks at a rate of 6 to 1...imho i still feel better with physical for the long run. Inflation, barter, etc. AND NO I AM NOT ALONE on these thoughts!!!
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http://bit.ly/LUiFYg
One is a video to watch for all, the other is a chatroom going on for years. Feel free to ask questions in that chat room. They also hit the like button. You have gold bugs, analyst, financial people, that pop in and out. It was about 25 of us but i would say 20 are now active.
Always will accept new blood as long as you stay calm and polite. But you WILL learn a lot in this chatroom...Mention i recommended you.
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In 1887 Alexander Tyler, a Scottish history professor at the
University of Edinburgh, had this to say about the fall of the
Athenian Republic some 2,000 years prior: "A democracy is always
temporary in nature; it simply cannot exist as a permanent
form of government. A democracy will continue to exist up until
the time that voters discover that they can vote themselves generous
gifts from the public treasury. From that moment on, the majority
always votes for the candidates who promise the most benefits from
the public treasury, with the result that every democracy will finally
collapse over loose fiscal policy, (which is) always followed by a
dictatorship."
"The average age of the world's greatest civilizations from the
beginning of history, has been about 200 years. During those 200
years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage."
The Obituary follows:
Born 1776, Died 2012
It doesn't hurt to read this several times.
Professor Joseph Olson of Hamline University School of Law in
St. Paul, Minnesota, points out some interesting facts concerning
the last Presidential election:
Number of States won by: Obama: 19 McCain: 29
Square miles of land won by: Obama: 580,000 McCain: 2,427,000
Population of counties won by: Obama: 127 million McCain: 143 million
Murder rate per 100,000 residents in counties won by: Obama: 13.2 McCain: 2.1
Professor Olson adds: "In aggregate, the map of the territory
McCain won was mostly the land owned by the taxpaying citizens
of the country.
Obama territory mostly encompassed those citizens living in low
income tenements and living off various forms of government
welfare..."
Olson believes the United States is now somewhere between the
"complacency and apathy" phase of Professor Tyler's definition of
democracy, with some forty percent of the nation's population
already having reached the "governmental dependency" phase.
If Congress grants amnesty and citizenship to twenty million
criminal invaders called illegal's - and they vote - then we can say
goodbye to the USA in fewer than five years
Don't forget those weapons too. Hungry people do irrational things. I know this all sounds scary but just look at the unemployment numbers weekly. Close to 400k weekly !!!! And we are only creating 90k new jobs MONTHLY...Somethings gotta give...
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I have invested in PSLV, AVOIDED SLV, but did that as a trade. My holdings in physical is for the long term problems we have no clue what they will be and how bad.
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How are paper gold and silver going to ever separate from physical? Virtually every single asset trades massive amounts of paper representing some physical asset or physical financial obligation. The currency, bond, and derivative markets are orders of magnitude larger than equity or commodity markets. Can't see how paper will ever separate from physical regardless of which asset or financial obligation that represents. It just will never happen.
i MIGHT add this as well!!
This morning, the NY Post reports that at least ten more fake 10 ounce "gold bars" filled with Tungsten have been discovered.
Wait until they start checking the "repositories" behind the precious metal ETFs and various other storage areas
Still feel comfortable with an ETF???
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For all those that don't think these markets might take a serious dive. Read this !!
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Silver Scandal Fueled With Your Money."
Below article nails "bid-rigging JPM," explains how gold has just done a golden cross, why miners havbe lagged, and that gold and silver are set to explode upward:
http://bit.ly/R80AaX
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Brokers i know are buying physical, concerened about inflation affecting the companies bottom line..
I refuse to believe most investors are idiots. I do believe that services beholden to common stocks are spinning reality.
Major investors like Bill Gross , and others have moved their portfolio heavily into gold and silver already..
Compare the daily volume numbers to 2007, you will see...
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http://onforb.es/QLfKkk
I gave him credit for investigating, but the more I read, the more I think that this has more to do with hiring more agents and obtaining higher fees than it does fixing a corrupt and broken system. The last line was a complete disappointment, imo.
http://bit.ly/OQgwfa
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Sit back and do nothing. That is fine with me. Do your own due diligence and live with it!!
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It's not the end of the world. It's the beginning of a chance to become very rich. If you don't want to become rich just poo-poo the ideas of investing in silver.
But did you know those 90% silver are not .999 fine? So you won't get silvers ounce price on those. Just buy American Silver Eagles and you will have no problem..
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I. Types of Silver Coins
There are four basic types of silver coins: Silver Bullion Coins, Numismatic Silver Coins (also known as collector coins), Semi-Numismatic Silver Coins, and Pre 1964 Junk Silver Coins.
Silver Bullion Coins normally have a silver fineness of .999 or higher and are considered pure silver. With silver bullion coins, there are only two layers of cost: precious silver metal content and dealer premium.
Silver investors most often acquire silver bullion coins. Silver bullion coins have very transparent two-way buy and sell prices based on the market price of physical investment grade silver.
Numismatic silver coins are generally purchased by coin collectors. Rare coin values are subject to many factors outside of the silver spot price. There are typically three layers of cost built into the price of silver numismatic coins: metal content, numismatic premium, and dealer profit.
Much like fine art, true numismatists (collector coin experts), are generally lifetime coin collector enthusiasts who have acquired years of specialized knowledge sharpening their trade. There are a few successful players in these arenas; they typically have decades of experience and expertise.
Semi-numismatic silver coin values are based partially on their semi-collector coin value and primarily on the purity of their silver bullion content.
Finally, there are pre-1964 junk silver coins such as old quarters, dimes, Morgan dollars, Franklin half dollars, etc.
Junk silver coins range from 35% to 90% silver and are not .999 fine silver, which is what both silver investment markets and the silver industry demands.
In the last major silver bull market in 1980, silver investors who didn't have exchange ready silver received a 30% discount to the silver spot price given that most silver refineries were often backlogged for two to three months or longer.
In other words, the silver spot may have been trading at $ 50.00, but silver investors with the wrong form of silver were only paid some $ 35.00 for their junk silver.
'junk' coins are ones that are worn down and not full weight.
Most of my junk coins are worn down. Glad i don't have a ton of them..I used coinflation.com as well...Thanks
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Simple...Say all those holding shares in GLD at the same time sell their shares. So GLD must liquidate ALL their gold to give you your money correct?
Well it has been said they don't own that much gold, that some have shorted GLD so essentially 2 people own the same ounce. It has been proven with SLV, not with GLD yet. The audits are pathetic.
This ponzi scheme can continue until everyone wants out. Then this is where you have to sue to get pennies on your dollar and those holding physical just sit back.
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Hence PHYSICAL SEPERATES FROM PAPER!!!
If that helps but you want more info just PM me..
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i MIGHT add this as well!!
This morning, the NY Post reports that at least ten more fake 10 ounce "gold bars" filled with Tungsten have been discovered.
Wait until they start checking the "repositories" behind the precious metal ETFs and various other storage areas
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