Seeking Alpha

An unmistakable trend is under way as investors cash in their bond ETF holdings and pour the...

An 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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Comments (70)
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    If you are rushing to commodities you better buy PHYSICAL !!!!

     

    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.

     

    map
    22 Sep 2012, 10:23 AM Reply Like
  • Noreika
    , contributor
    Comments (460) | Send Message
     
    Agreed. One nice, big rate cute and those market funds will get raped. I continue to buy a few ounces of physical silver every month.
    22 Sep 2012, 10:34 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    NORIEKA
    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 !!!

     

    map
    22 Sep 2012, 11:35 AM Reply Like
  • Noreika
    , contributor
    Comments (460) | Send Message
     
    Crap, I've been loading up on 1oz generics. I buy from Scottsdale Silver because they offer free shipping. I might have to change up my game plan.
    22 Sep 2012, 01:03 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    http://bit.ly/LUiFYg

     

    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!!

     

    map
    22 Sep 2012, 01:29 PM Reply Like
  • Noreika
    , contributor
    Comments (460) | Send Message
     
    Thanks!
    22 Sep 2012, 02:48 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    NOREIKA

     

    If i can help anymore just PM me!! I got a ton of help that way when i started investing into this years ago..

     

    map
    22 Sep 2012, 02:52 PM Reply Like
  • Rexxels
    , contributor
    Comments (50) | Send Message
     
    You're right in the long term, but if you're looking to make quick gains from the current bull market, I believe there's nothing wrong with buying a few leveraged ETFs - UGL, AGQ, USLV to get the max gain. These funds will still be fine in 6 months-1 year.
    22 Sep 2012, 02:59 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    REXXELS

     

    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..

     

    map
    22 Sep 2012, 03:08 PM Reply Like
  • Rexxels
    , contributor
    Comments (50) | Send Message
     
    I agree - it's a great video, I saw it when it came out last year. But I believe the collapse will be a slow motion train wreck, giving investors time to profit from the rise in PMs by using Etfs. Any bulk of share in PMs should be in physical.
    22 Sep 2012, 08:41 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    A train wreck , yes...

     

    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...

     

    map
    22 Sep 2012, 10:48 PM Reply Like
  • Drew Donner
    , contributor
    Comments (96) | Send Message
     
    Holy good god Scottsdale is way over spot! I agree with everyone, screw the SLV and GLD, its time to get physical, but you want to pay as close to spot as possible. As someone above stated, your local coin shop is best. My local coin shop only charges 50 cents per ounce over spot for silver and 3% over spot for gold. STAY LOCAL, GET PHYSICAL, DUMP FIAT!
    23 Sep 2012, 05:54 AM Reply Like
  • Drew Donner
    , contributor
    Comments (96) | Send Message
     
    I stay in physical 99% of the time, and it truly infuriates me when JPM smacks down the market, but on Tuesday and Friday for a short 15 minute interval on each day DSLV made me enough fiat to buy 7 ounces of physical today. When you're in it for the fiat, just to use the fiat to get more physical I don't see a problem in utilizing a leveraged ETF- USLV or DSLV depending on which way we are headed.
    23 Sep 2012, 05:54 AM Reply Like
  • marizz
    , contributor
    Comment (1) | Send Message
     
    Even for gold stocks that are tied to gold? it will end?
    23 Sep 2012, 06:22 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Once Fiat money is gone, then what will you use to buy gold? I know it seems like a stretch but it can happen !!

     

    Just be prepared!!

     

    map
    23 Sep 2012, 12:59 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    DREW

     

    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..

     

    MAP
    23 Sep 2012, 01:51 PM Reply Like
  • Noreika
    , contributor
    Comments (460) | Send Message
     
    Yeah, the free shipping deal comes with a price..
    23 Sep 2012, 05:58 PM Reply Like
  • tr4head
    , contributor
    Comments (330) | Send Message
     
    Exactomundo. The cat is out of the bag and is on life #7 as we speak. The Fed is not setup to help the economy, but that is what they are doing. Its a no brainer that you invest in stocks to get any return, but this is unfortunately a fools game because the house of cards will soon crumble. The only way out of this mess is to reduce the size and scope of govt, like Canada did in the 90s when they were heading off the cliff. But I am afraid that we Americans are not as smart to see it, or care as long as we get ours.

     

    In the meantime, try DGP.
    25 Sep 2012, 12:21 PM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2941) | Send Message
     
    It depends on what your base point is. If you compare with the market low last year (SPY hit its low on 10-03-11),the sectors mentioned-basic materials,treasuries,e... underperformed the market.

     

    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.
    22 Sep 2012, 10:27 AM Reply Like
  • presidentasp
    , contributor
    Comments (55) | Send Message
     
    Proof?????
    22 Sep 2012, 10:30 AM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2941) | Send Message
     
    I'm not sure who your comment is directed at. My comment is based on the % change from 10-03-11 to 9-21-12 for spy and for the nine subgroups which comprise spy.
    22 Sep 2012, 10:38 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    http://bit.ly/OMmixb

     

    20% drop in equities !!!!

     

    map
    22 Sep 2012, 02:37 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4091) | Send Message
     
    ....in worst case fiscal cliff scenario.......I see the republicans going down and maybe lose the house. What then?
    22 Sep 2012, 03:09 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    TRUFF

     

    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...

     

    map
    22 Sep 2012, 03:17 PM Reply Like
  • Dozo
    , contributor
    Comments (19) | Send Message
     
    I have nothing against physical holdings of gold; however, I prefer IAU/GLD as an inflation hedge. What am I missing?
    22 Sep 2012, 10:38 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    DOZO

     

    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!!

     

    map
    22 Sep 2012, 10:56 AM Reply Like
  • Drew Donner
    , contributor
    Comments (96) | Send Message
     
    If you don't hold it, you don't own it. That's the only problem I see. And that's a BIG problem.
    23 Sep 2012, 05:54 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9966) | Send Message
     
    Chasing equities? Unlikely that it is either retail or institutional investors that are doing so. Maybe some hedge funds or algo's, but those are just ST trades which can reverse with any market changes.
    22 Sep 2012, 10:56 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    http://goldsilver.com

     

    Great site to read about gold and silver. Tons of articles updated daily !!

     

    map
    22 Sep 2012, 02:26 PM Reply Like
  • jeewheeze
    , contributor
    Comments (53) | Send Message
     
    TLT? Really? It's a bomb waiting to go off. TMV for me, though I forgot to get in at the easy entry.
    22 Sep 2012, 10:57 AM Reply Like
  • pollyserial
    , contributor
    Comments (1093) | Send Message
     
    I guess it depends how patient you are. It's been rallying hard, I'm looking for 130 from 119.
    22 Sep 2012, 12:23 PM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2941) | Send Message
     
    Maybe. but I think much of the runup in stocks and treasuries reflects Fed stimulus. If and when that simulus stops,or even slows down, stocks and treasuries will fall. equities will fall further, which is why I'm trying to reduce my portfolio's volatility.

     

    imho
    22 Sep 2012, 12:43 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    More on the shift from fixed income to equities: Jason Goepfert's "smart money/dumb money" indicator tells him stock prices could be set to crack. Currently, 67% of the "dumb money" expects a rally, he says, against just 50% expecting it in August when prices were 10% lower. A 3-8% correction (chart) typically follows when sentiment moves to such an extreme.

     

    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?

     

    MAP
    22 Sep 2012, 11:32 AM Reply Like
  • bakermre
    , contributor
    Comments (94) | Send Message
     
    All the signs point North, to the 'True North, Strong and Free' CANADA! Eric Sprott's Sprott Physial Silver Trust PHS and Central Fund of Canada (CFA) hold Bullion (Ag/Au) safely in a Toronto vault, with regular open audits. Only caveat: check the net asset values against these share prices on the NYSE/TSX. They do vary and usually trade at a premium to n.a.v.

     

    Join us Happy Canadians, with the Mounties to guard us from the USA banksters and Hellicopter Rough Riders on the southern plains!
    22 Sep 2012, 11:37 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    PSLV....and PHYS are Sprotts funds....Central Fund of Canada is CEF....which is 50% gold and 50% silver.....if you are from the USA CEF has some tax consequences...know them first...
    22 Sep 2012, 05:12 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    I will repeat ."IF YOU CAN'T TOUCH IT YOU DON'T OWN IT " although Sprotts PSLV is fine. But what happens if our markets decide to take a bank holiday and then the prices come crashing down?

     

    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 !!

     

    map
    22 Sep 2012, 11:43 AM Reply Like
  • chopchop0
    , contributor
    Comments (3539) | Send Message
     
    What is your thought on funds that actually hold physical and have audits periodically?

     

    Specifically, CEF (Canadian Central Fund) that holds physical silver and gold.
    22 Sep 2012, 01:30 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    CHOP

     

    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!!!

     

    map
    22 Sep 2012, 01:56 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    http://seekingalpha.co...

     

    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.

     

    map
    22 Sep 2012, 02:02 PM Reply Like
  • Drew Donner
    , contributor
    Comments (96) | Send Message
     
    I can side with this poster. I am a freight broker, and truckers are slowing down and being more diligent with which loads they take because of what is going on with the market/where fuel prices are at en route and at the destination. Also with manufacturing slowing in the US there are a lot less loads available so in turn they are paying less and less. The end game is nearing unfortunately. It will pay off to be prepped. I hold Physical(Au,Ag)/food/w...
    23 Sep 2012, 05:55 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    take a look at this !!!

     

    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
    23 Sep 2012, 01:03 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    DREW

     

    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...

     

    map
    23 Sep 2012, 01:59 PM Reply Like
  • whaddyamean?
    , contributor
    Comments (514) | Send Message
     
    Just try selling out-of-the-money puts on physical gold.
    22 Sep 2012, 01:30 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Remember one day paper silver (pslv) and (slv ) will seperate in price from physical....when that will happens is anyones guess.

     

    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.

     

    map
    22 Sep 2012, 02:07 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9966) | Send Message
     
    MAP,
    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.
    22 Sep 2012, 07:49 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Well , the bond market is a huge bubble, derivatives is what got us into this mess.One day someone holding SLV will want their money back and guess what, they don't own enough silver to do it ! SLV is a joke...It will happen !!!
    23 Sep 2012, 01:07 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    UNTRUSTING

     

    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???

     

    map
    23 Sep 2012, 05:38 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    http://bit.ly/OMmixb

     

    For all those that don't think these markets might take a serious dive. Read this !!

     

    map
    22 Sep 2012, 02:56 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    I just was sent this by a good friend. Figure i pass it on since manipulation wasn't even discussed yet !!

     

    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
    22 Sep 2012, 03:42 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    I might add this came from the chatroom i recommended to all above!!

     

    map
    22 Sep 2012, 03:47 PM Reply Like
  • jbassbia
    , contributor
    Comments (380) | Send Message
     
    Gold and silver juniors offer great value in a still ignored segment of the precious metal stocks. Believers in the trend out of ETFs can look at the recent article on B2Gold which plunged after announcing a billion dollar takeover of another junior miner - link http://bit.ly/MWC1hH
    22 Sep 2012, 03:49 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    I agree but why worry about cost , strikes, shipping, when you can just buy the finish product. Someone knew something to beat these stocks down. imho..

     

    Brokers i know are buying physical, concerened about inflation affecting the companies bottom line..
    22 Sep 2012, 03:56 PM Reply Like
  • TAS
    , contributor
    Comments (2284) | Send Message
     
    The premise of this "report" was that investors are seeking yield at the risk of safety. OK, then elect Romney/Ryan and put yourself out of your misery

     

    I refuse to believe most investors are idiots. I do believe that services beholden to common stocks are spinning reality.
    22 Sep 2012, 03:56 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Most investors are already on the sidelines right now. I believe the number was 3 trillion dollars have been removed!!!

     

    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...

     

    map
    23 Sep 2012, 01:11 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4091) | Send Message
     
    Wow, this is like the Armageddon threat right now here. In all honesty I do not think Gold will safe anyone from a market crash, physical or whatever. I do think that having a farm pays of under such circumstances. I am not quite that pessimistic though.
    22 Sep 2012, 08:10 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Chilton- Silver investigation:
    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.
    22 Sep 2012, 11:07 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    Heres something new. Betcha most never heard of the petrodollar?

     

    http://bit.ly/OQgwfa

     

    map
    22 Sep 2012, 11:12 PM Reply Like
  • GaryLee276
    , contributor
    Comments (153) | Send Message
     
    Blah blah blah...It's the end of the world...blah blah blah.
    22 Sep 2012, 11:42 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    GARY

     

    Sit back and do nothing. That is fine with me. Do your own due diligence and live with it!!

     

    map
    23 Sep 2012, 01:44 PM Reply Like
  • allforone
    , contributor
    Comments (301) | Send Message
     
    Investing in government issued 1/10, 1/4, 1/2 and 1 oz silver is easy. Just purchase dimes, quarters, halves and silver dollars 1964 and before.
    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.
    23 Sep 2012, 12:37 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    ALLFORONE

     

    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..

     

    map
    23 Sep 2012, 01:13 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    ALLFORONE

     

    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.

     

    23 Sep 2012, 01:20 PM Reply Like
  • allforone
    , contributor
    Comments (301) | Send Message
     
    Got eagles also. Coins are not as likely to be counterfeit and easily sold. Try to get rid of 100oz bar of silver fast.
    23 Sep 2012, 10:18 PM Reply Like
  • allforone
    , contributor
    Comments (301) | Send Message
     
    In 1980 there was no Ebay and the sellers were at the mercy of unscrupulous dealers who would rip people off. coinflation.com tells you what a coin is worth via current spot price.
    'junk' coins are ones that are worn down and not full weight.
    23 Sep 2012, 10:24 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    ALL

     

    Most of my junk coins are worn down. Glad i don't have a ton of them..I used coinflation.com as well...Thanks

     

    map
    23 Sep 2012, 10:30 PM Reply Like
  • jwbroad
    , contributor
    Comment (1) | Send Message
     
    I'm new to alpha..........I have 15% of my portfolio in GLD. Why (simply please) is physical gold better than an ETF?
    23 Sep 2012, 06:19 AM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    jwbroad

     

    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.
    ..
    Hence PHYSICAL SEPERATES FROM PAPER!!!

     

    If that helps but you want more info just PM me..

     

    map
    23 Sep 2012, 01:26 PM Reply Like
  • Metals are Precious
    , contributor
    Comments (713) | Send Message
     
    JW

     

    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

     

    map
    23 Sep 2012, 05:28 PM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2941) | Send Message
     
    took some tlt profits today at 124.75
    26 Sep 2012, 10:49 AM Reply Like
  • tr4head
    , contributor
    Comments (330) | Send Message
     
    Well, its 3-29-13 and guess what, stocks have been boosted - but so have bonds, so not the massive shift that the Bulls tried to fabricate. Better have plenty of stop losses set for equities, because when people realize that valuations are near all time highs for DOW on going forward PE basis, the falling knife is hard to catch.
    29 Mar 2013, 09:45 PM Reply Like
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