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  • Top Silver Producing Countries and Companies [View article]
    An interesting footnote to add is that the entire U. S. output was consumed by the U. S. Mint for the American Silver Eagle run of 2010. All 39 million ounces.
    Jan 3 12:39 AM | 8 Likes Like |Link to Comment
  • Silver's Artificial Price Fixing Regime Has Ended [View article]
    I for one throw all the class action come-ons in the trash. I refuse to participate in gettting a $1 or $2 while those blood sucking leaches make millions. The legal profession is one large herd that needs to be thinned.
    Jan 2 11:48 AM | 13 Likes Like |Link to Comment
  • Coins vs. Bags: Comparing Two Options in Physical Silver [View article]
    Since I see several references to EBay, I have listed a full set of silver eagles as of New Years Eve and 4 rolls of Washington quarters. Send me a message if interested and I'll send the link. 100% feedback.
    Jan 1 09:58 AM | Likes Like |Link to Comment
  • Coins vs. Bags: Comparing Two Options in Physical Silver [View article]
    Agreed, the 2% EBay kickback can get you a nice bonus for free. It is one thing EBay does right for bullion traders.
    Jan 1 09:46 AM | 1 Like Like |Link to Comment
  • SLV and the Great Silver Shortage at COMEX [View article]
    Happy New Year, Jimbo. While you have been more right than me on the trend in 2010 I still ask myself "Why is something that is known to cost $5 to $8 to dig out of the ground going to sell for 10 or 20 X that?". Actually, why is not the question, we all know the nature of greed and markets and man, the real question is "If it does reach those heights, how much higher will it go and how long will it last?".

    I don't know the answer to that, so I sell my physical inventory incrementally as the train climbs the grade. I have a nice full set of 25 ASE's listed on EBay now. Message me if you want the link. That's my disclosure.
    Jan 1 09:42 AM | 1 Like Like |Link to Comment
  • Looks Like Silver's Run May Continue [View article]
    No kidding. An F for effort on this one. It's like a weather man looking out the window to give a weather forecast.
    Dec 30 10:25 AM | 2 Likes Like |Link to Comment
  • Coins vs. Bags: Comparing Two Options in Physical Silver [View article]
    As you point out "In a collapsed economy, there are many other things can be bartered beside silver, from booze, cigs, and other 'services'." I don't hold silver for a monetary unit in case of collapse. If I were doing that I'd much rather have cases of ammunition, hard liquor or Spam.
    Moving on, I have a hard time with any "hard currency" scenario. When the average clerk can't make change without the register telling them what to give back and the average 25 year old that doesn't carry that old relic we call cash, and most payroll as direct deposits I just don't see it.
    Dec 30 10:14 AM | 2 Likes Like |Link to Comment
  • Coins vs. Bags: Comparing Two Options in Physical Silver [View article]
    Buyers of 90% bags will also find a higher price for the halve dollar coins as they circulated less typically and thus have less wear.

    Before the mint jacked up ASEagle premiums a "monster box" of 500 went for about $2 over spot. Otherwise, in my own personal dealings I have found the difference between pre-65 and ASE's to be a push really. If the price continues to rise I would expect dealers to be much more critical of wear when buying. With a 1964 quarter melt value at $5.54 today it's only a matter of time before the scales come out.
    Dec 29 11:04 PM | 2 Likes Like |Link to Comment
  • Coins vs. Bags: Comparing Two Options in Physical Silver [View article]
    To get your feet wet try EBay. I realize they have a negative reputation, but if you are choosy and evaluate feedback scores you may find the best prices there. Eagles by the single or roll, rolls of pre-65, etc. etc. Use the site below to determine melt values for pre-65 and bid thoughtfully.
    www.coinflation.com/si...

    You will find that nearly all EBay auctions will end at the melt value unless the market is heated like this week. Then people get a little panicky and bid prices up. Eagles will go for the price listed at bulliondirect.com or so. You can often get free shipping and the fees are born by the seller so it can be the best place to buy - caveat emptor.
    Dec 29 10:55 PM | 2 Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    I for one am pretty happy with the lack of CFTC oversight as silver's run has been the best thing any government regulatory body has ever not done for me. With a PM fix over $30 today it is hard to sit on my hands and see how much further it has to go. While I can see where the lack of oversight and waving of position limits impacted many in the silver market negatively, I have nothing to complain about today.
    Dec 28 02:16 PM | 1 Like Like |Link to Comment
  • The Why of White Metals: Silver, Platinum and Palladium in 2010 [View article]
    Is it just me, or is there very little "why" here. An editors catchy title that doesn't fit the article. I was hoping for more why and less how.
    Dec 28 02:23 AM | 4 Likes Like |Link to Comment
  • Things I Would Do If I Were eBay's CEO [View article]
    From the consensus of posts here it looks like it might be a good idea to figure out why so many people despise EBay and go from there.
    Dec 27 09:38 PM | 3 Likes Like |Link to Comment
  • Things I Would Do If I Were eBay's CEO [View article]
    Your opinions are very similar to mine regarding their Marketplace issues. When has a company so commonly disliked flourished? While there are examples, it sure isn't the preferred path.
    Dec 27 12:12 PM | 5 Likes Like |Link to Comment
  • Things I Would Do If I Were eBay's CEO [View article]
    Paypal already offers credit and debit cards through Mastercard, and why lower the Paypal fees when they have no real competition for EBay sales?
    And I fully agree that they have snubbed the individual in favor of the mass merchandisers. I still use EBay, but as little as possible. If there were any reasonable alternative as an auction site I would jump ship in a heart beat. I don't think I'm alone in that sentiment. Is that the sort of thing you want to hear from a large portion of your customer base? They couldn't just fix the reputation issues and leave well enough alone. They had to compete with Amazon and everyone else and lost their identity.
    Dec 27 12:00 PM | 4 Likes Like |Link to Comment
  • Is China Behind the Big Silver Short? [View article]
    What the Chinese may, or may not be up to is beyond my ability to determine, but the fact that Ted Butler was "rocked" to learn that the COMEX is self regulating is an interesting comment. We should all be fully aware that we have the best government that money can buy. That the CFTC is a lap dog should come as no surprise to anyone.
    Dec 27 12:36 AM | 6 Likes Like |Link to Comment
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