Is This the Death of Gold & Silver Stocks? [View article]
Wow...I see *Paul loves S&M* is all the way up to 50 words now!!!! Way to go paulie...usually you only make it to 25 before your mom calls you for lunch or supper. Keep working at it...one day you might actually be able to read an entire article to actually know what it says, or maybe write coherently or carry on a conversation with a real human (I've been told there are actually humans who would put themselves thru the torture of actually trying to converse with you!!!...can you believe it??...nah, me neither...)
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Well said, Kelly. User 30121, it is frustrating, but don't give up. Every person has his/her tipping point, or reallife encounter, where all of a sudden the lightbulb goes on. Often the staunchest naysayer then becomes the staunchest proponent for the position s/he was just lambasting. Such is human nature, I'm afraid--"if i don't know it, it's not true." Most don't consider the possibility that they're ignorant...and I've found that the strongest opinions are put forward by the most ignorant. So keep putting out the facts for those who WILL read and think. Don't get stopped out by the naysayers...they will always be there...and those who actually KNOW as always will be in the minority. Some will have to learn the hard way...and it could get VERY hard very quickly now. jt
Why Mining & Metal Investments Could Shine in the Coming Years [View article]
Actually dude...er, dieu...$2300 is lowballing it. That's the figure one comes up with using the totally bogus figures coming out of the BLS for the CPI (that's the Bureau of Lying Statistics on the Completely Phony [Price] Index)...that CPI was changed during the Clinton administration to try to save mucho bucks on entitlement COLAs. Using the CPI formula from say the Carter administration and prior, the equivalent peak gold price (compare to the $850 in '80) would be over $5000. And that's not even touching the unbelievable paper/electronic expansion of the dollar supply since then, nor the now greater than $1 Quadrillion (as of Dec, 2007) in dollar derivative debt. Now...take all that and put it in your pipe and smoke it, and you've got an equivalent gold price of well into 5 figures. jt
Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
dowdy...I wouldn't buy a thing from Kitco...there prices are not very competitive and their charges for shipping, esp of silver, are outrageous. Kitco is a decent site for information, but IMO not for buying silver/gold coins/bullion. On top of that, John Nadler, who works for Kitco and is considered their "analyst" is a "goldbear" in sheep's ("goldbug") clothing. He must have some connection with the anti-gold Cartel, b/c he finds every opportunity he can to trash gold and goldbugs while pretending to be pro-gold. And he mocks GATA, despite the fact that they/Bill Murphy have been absolutely on the money for 10 years now concerning the suppression of the prices of gold and silver by the Fed and the Western Banker aided by their bullion bank lackies such as JPMorgain4Elites and GoldmanSuchs....
If you haven't bought yet, I'd first make sure you have at least some store of actual physical silver and/or gold. The easiest and cheapest to buy in terms of minimal to no premium over spot price is "junk" silver, ie, bags of pre-'65 silver coins (dimes/quarters/half dollars). They are sold by $10/$100/$1000 face value, eg, 1000 pre-'65 dimes would be $100 face value. Every $100 face value of those coins contains 71.5 oz silver. So you multiply 71.5 time the spot price of silver and that will give you value of the silver in the coins with no premium. I have bought a number of $10 and $100 face value bags from bulliondirect.com, using esp their NucleoExchange to put in bids, esp when price is getting taken down. In that way I have not infrequently been able to buy them actually at a DIScount to spot price of silver. You can also check with your local coin store. I would also recommend buying 99.99% pure silver 1 oz rounds...no numismatic value and the smallest premium to spot price.
If you want gold, you can go buy 1/10/100 oz bars...or 1 oz bullion coins, such as Canadian Maples, or Kruggerrands, etc. To get an idea of prices, check some place like bulliondirect.com and look at NucleoExchange to see what the bids and asks are.
I would do this before even considering buying mining stocks. Then I would recommend buying a subscription to the newsletter of someone like Jay Taylor or Doug Casey to get some good recommendations on good junior explorers, etc.
Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
GaryD...the rates have not only collapsed buy gone NEGATIVE!!!...ie, the Fed and the rest of the anti-gold cartel are PAYING the bullion banks to lease gold. Why??...there is always and forever only ONE reason to do that...and that is to SUPPRESS the price of gold, as they've been doing for years. That leased gold is only used for one thing--to sell into the market, take the proceeds and invest them in interest-bearing bonds/funds--easy money for the Fed lackies that play their game. It's criminal collusion. But then the Fed likes its infinite money-making machine: create "dollars"/Fedl Reserve Notes out of absolutely nothing, loan it to the treasury (and now just about anyone else they want to, it would appear), and then get paid interest on it!!!!...nice scam yes?
Buy and hold gold and silver physical. Do NOT buy shares in the ETFs...they have busy backdoors for dumping their gold and silver back on the market in these takedowns and almost ALL are under the control of members of the anti-gold cartel.
But we will be heading back up...no doubt about it. There are literally hundreds of TRILLIONS of derivative $debt out there. Gold in real value has just barely begun to rise. And silver is even worse b/c it is consumed in industry and we have been in deficit for nearly two decades now. There is now a paper price (manipulated price) and physical price disconnect. Delivery default can't be far behind.
"that the Fed will learn to print gold or that it will find an inexhaustible subterranean mine of paper dollars"
They already have...unless you can put a finite value on the number of electrons in the universe!! They don't even print the majority of it anymore...they just make a few keystrokes and there go a couple more BILLION $$$ thru the ether into the Treasury's or some others' bank accts. It doesn't cost them a flippin'... errrrrr... dollar!!!
As a holder of bullion, etc., you WANT them to continue to do that in terms of dollar-price of gold/silver. As an American citizen, or even a citizen of the world, you want them to stop, as a matter of fact, to be shut down completely by our Congress, as Ron Paul has explained to deaf ears, and the lot of them thrown into prison for the greatest fraud foisted upon a nation likely in the history of the world. jt
Is This the Death of Gold & Silver Stocks? [View article]
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Why Mining & Metal Investments Could Shine in the Coming Years [View article]
Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
If you haven't bought yet, I'd first make sure you have at least some store of actual physical silver and/or gold. The easiest and cheapest to buy in terms of minimal to no premium over spot price is "junk" silver, ie, bags of pre-'65 silver coins (dimes/quarters/half dollars). They are sold by $10/$100/$1000 face value, eg, 1000 pre-'65 dimes would be $100 face value. Every $100 face value of those coins contains 71.5 oz silver. So you multiply 71.5 time the spot price of silver and that will give you value of the silver in the coins with no premium. I have bought a number of $10 and $100 face value bags from bulliondirect.com, using esp their NucleoExchange to put in bids, esp when price is getting taken down. In that way I have not infrequently been able to buy them actually at a DIScount to spot price of silver. You can also check with your local coin store. I would also recommend buying 99.99% pure silver 1 oz rounds...no numismatic value and the smallest premium to spot price.
If you want gold, you can go buy 1/10/100 oz bars...or 1 oz bullion coins, such as Canadian Maples, or Kruggerrands, etc. To get an idea of prices, check some place like bulliondirect.com and look at NucleoExchange to see what the bids and asks are.
I would do this before even considering buying mining stocks. Then I would recommend buying a subscription to the newsletter of someone like Jay Taylor or Doug Casey to get some good recommendations on good junior explorers, etc.
Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
Buy and hold gold and silver physical. Do NOT buy shares in the ETFs...they have busy backdoors for dumping their gold and silver back on the market in these takedowns and almost ALL are under the control of members of the anti-gold cartel.
But we will be heading back up...no doubt about it. There are literally hundreds of TRILLIONS of derivative $debt out there. Gold in real value has just barely begun to rise. And silver is even worse b/c it is consumed in industry and we have been in deficit for nearly two decades now. There is now a paper price (manipulated price) and physical price disconnect. Delivery default can't be far behind.
jt
Is the Gold Rally Really Over? [View article]
"that the Fed will learn to print gold or that it will find an inexhaustible subterranean mine of paper dollars"
They already have...unless you can put a finite value on the number of electrons in the universe!! They don't even print the majority of it anymore...they just make a few keystrokes and there go a couple more BILLION $$$ thru the ether into the Treasury's or some others' bank accts. It doesn't cost them a flippin'... errrrrr... dollar!!!
As a holder of bullion, etc., you WANT them to continue to do that in terms of dollar-price of gold/silver. As an American citizen, or even a citizen of the world, you want them to stop, as a matter of fact, to be shut down completely by our Congress, as Ron Paul has explained to deaf ears, and the lot of them thrown into prison for the greatest fraud foisted upon a nation likely in the history of the world. jt