Newmont Mining Is Now Too Cheap To Ignore With A 5% Yield [View article]
but their all in sustaining costs continue to march upwards, which they have failed miserably to control so if gold sits at this level or lower for a while that dividend is payable if they want to fund it with debt, a big mistake imo.
Martin Armstrong Again Warns On Gold [View article]
Jason why do you think the Fed and bankster stooges did a massive coordinated attack on commodities and precious metals recently. They want to knock down any inflationary concerns since they cannot stop QE imo. These guys are out of control quasi-govt that has absolutely no checks and balances. the stooges are messing with ALL markets now.
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
and by the way northwestterritorial is just taking orders since they need to buy the silver to make the bars so 8 weeks is the wait. call'em up and ask.
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
Sorry flash do not agree. Asians are buying and they are emerging wealth with cultures that like to buy and hold precious metals. I do agree there is a god chance that silver may break into teens due to another coordinated attack by the fed and bankster stooges, but at those prices it will be below the marginal production costs of silver miners. Yes prices can stay below this level for a while, (Nat Gas), but markets will eventually correct any mispricings over time. these stooges are fighting for their very existence.
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
DO NOT buy eagles at these 7-8-9 premium prices. many dealers got caught with pants down and sitting on some inventory. Inventories are tight with eagles but do not let them tell u they do not have any. I would not sell inventory at 32+ for $27 now either.
Check out northwestterritorialmint. generic pan american 1 oz bars 50 and up cost about 1.5 over spot. better deal now imo if want to buy.
Martin Armstrong Again Warns On Gold [View article]
"The Goldbugs have sold gold to just about everyone who would listen." This is true imo. The masses have not entered the market yet. The public is clueless to the extent of the problems we are about to face. Once the dollars reserve status is in question we pay dearly in inflation back home when all those phoney dollars come rush from overseas and flood our markets looking to get out. The masses will when it is probably late in the game. I do think many dealers got caught with inventory in the most recent short term crash that they are underwater unwilling to sell here. So do NOT pay 7-8 premiums for eagles imo.
"While gold is tired after rallying 13 years, it does not appear to be a bubble" Correct imo gold is not in a bubble phase...yet.
Not sure about 2021-2022. Although Probably japan, europe and uk fall first before the big one, the USA. Time to buy physical into major weakness and pick spots since physical vs paper prices are wide.
Philip Morris Pulls Back On Currency, Debt Worries [View article]
having owned for decades been complaining to these schmucks to stop piling on debt. last rant was around 18 bil. louie been buying accelerating eps growth and divie growth. I will use a few choice words when i call up today. enough is enough already the company is churning out cash but they need to stop putting our investment at risk.
Silver Hits Costs Of Production: Opportunity For Courageous Investors [View article]
Agreed and own a variety of govt issued coins when premiums lower but premiums just to wide now. northwest territorial mint produces the pan american bars and rounds at about 1.50 over. 6-8 week wait though. Heb figure in my best estimate the marginal costs silver about 23-24.
I do not know but the fact is the higher recognizable silver bullion carry high premiums eagles mapleleafs englehard bars. To pricey for me $6-7 premiums to much for me. 10 oz bullion bars at 247.50 not bad deal. Pan american silver corp bars.http://bit.ly/YvfOYv never bought from them but found pricing was good. if we have another leg down breaking into the teens this is the vehicle to buy biggest bang for buck.
Silver Hits Costs Of Production: Opportunity For Courageous Investors [View article]
<<I would shop around but buying government minted silver (eagles / maples) at under $26-27 is a good deal.>> Good deal based on what marginal cost of mine production? I do not think it is a good deal. 10 oz pan american silver 10 oz bars going for 247.22. This is a good deal. If we break hard again into the high teens which would not surprise me since I have underestimated the Bernank in the past, a mistake too, I am buying bulk $6-7-8 premiums to rich for me.
Contrary to the popular "tapering" term being thrown about of late (including by himself), St. Louis Fed chief Jim Bullard says the Fed could increase the size of its asset purchases if inflation softens further. "I'm very willing to defend the inflation target from the low side." [View news story]
Bingo! The FED and the treasury along with their stooges coordinated a massive attack on PMs and commodities to make the illusion that inflation is much better then they talk even MORE money printing. This is insanity.
Silver Hits Costs Of Production: Opportunity For Courageous Investors [View article]
Premiums on physical are a little to rich for me. Buyers need to restrain themselves to force these dealers to lower prices. Finding a few special situations to buy much closer to spot or at spot.
Newmont Mining Is Now Too Cheap To Ignore With A 5% Yield [View article]
Martin Armstrong Again Warns On Gold [View article]
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
I do agree there is a god chance that silver may break into teens due to another coordinated attack by the fed and bankster stooges, but at those prices it will be below the marginal production costs of silver miners. Yes prices can stay below this level for a while, (Nat Gas), but markets will eventually correct any mispricings over time. these stooges are fighting for their very existence.
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
Check out northwestterritorialmint. generic pan american 1 oz bars 50 and up cost about 1.5 over spot. better deal now imo if want to buy.
Martin Armstrong Again Warns On Gold [View article]
"While gold is tired after rallying 13 years, it does not appear to be a bubble" Correct imo gold is not in a bubble phase...yet.
Not sure about 2021-2022. Although Probably japan, europe and uk fall first before the big one, the USA.
Time to buy physical into major weakness and pick spots since physical vs paper prices are wide.
Philip Morris Pulls Back On Currency, Debt Worries [View article]
Silver Hits Costs Of Production: Opportunity For Courageous Investors [View article]
Time To Sell Your Gold? [View article]
Time To Sell Your Gold? [View article]
There is a shortage of minted PMs.
Precious Metals Follow-Up [View instapost]
10 oz bullion bars at 247.50 not bad deal. Pan american silver corp bars.http://bit.ly/YvfOYv
never bought from them but found pricing was good. if we have another leg down breaking into the teens this is the vehicle to buy biggest bang for buck.
Silver Hits Costs Of Production: Opportunity For Courageous Investors [View article]
Good deal based on what marginal cost of mine production?
I do not think it is a good deal. 10 oz pan american silver 10 oz bars going for 247.22. This is a good deal.
If we break hard again into the high teens which would not surprise me since I have underestimated the Bernank in the past, a mistake too, I am buying bulk $6-7-8 premiums to rich for me.
Contrary to the popular "tapering" term being thrown about of late (including by himself), St. Louis Fed chief Jim Bullard says the Fed could increase the size of its asset purchases if inflation softens further. "I'm very willing to defend the inflation target from the low side." [View news story]
This is insanity.
Silver Hits Costs Of Production: Opportunity For Courageous Investors [View article]
Precious Metals Follow-Up [View instapost]