Dilemma: You have $1000.00. What’s the best deal? Buy online at Apmex or instore at Louisville Numismatic Coin store? I asked myself this question and “did what I do” and put the notes here for anyone else who might have the same question.
Current price of silver: $29.92
Calculator says we can get 33.42245989304813oz for $1000.
Goal: Buy 33oz for $1000.00
Silver – Rounds – 1oz – Sort: Price Low to High
As low as [...]
Do you want to know what QE3 is going to do to the price of gold and the price of silver? Well, you can read what the financial experts are saying below, but it doesn’t take a genius to figure out what is likely to happen. During QE3, the Federal Reserve will be introducing 40 billion new dollars that have been created out of nothing into the financial system each [...]
Silver futures are in backwardation.
Backwardation is a pricing anomaly that typically – but rarely – shows up in the commodities market. And if you can catch it, you can make quite a bit of money.
Historically backwardation means one of two things: 1) there’s a current shortage of silver bullion available on the open market and/or 2) silver traders believe the price of silver is about to take off.
Here’s what happens…
Times are finally changing. It will never be at the speed the GATA camp expects, yet slowly but surely our time is coming. The GATA camp will be proven correct and it will evolve into one of the most grotesque scandals in history … dwarfing the Enron, Madoff, MF Global and Barclays scandals combined, in terms of its effects on financial markets around the world.
First of all, it has come [...]
Thanks to the ‘Crash JP Morgan, Buy Silver’ campaign that rocketed silver 100% higher last year JP Morgan has been forced to lean even more on its fragile balance sheet resulting in a 2 . . . er, I mean 5 billion dollar explosion on their balance sheet that wiped out more than 20 bn. from their market cap. We are now closer than ever to taking down this pig. [...]
Silver price Forecast: Dramatic Turnaround For Silver?
18 May 2012
Here are a few patterns that might explain the current state of the silver price, as well as, provide the possible way forward.
Below is a 6-year chart of silver (all charts generated at fxstreet.com):
silver price forecast
On the chart, I have indicated two similar patterns (marked 1 to 5).This comparison suggests that silver could rise significantly over the next couple of months. This [...]
April 30, 2012
Student loans are an excellent example of how the modern lending system manifests ancient modes of control. In the United States, long before the modern student loan, for the promise of prosperity thousands of individuals came to the New World as indentured servants. Once they arrived in ‘America,’ ‘twas their job to work to pay off their sail across the pond, an endeavor which lasted years and [...]
In late 2008, when silver was massacred in the futures pit and saw its price fall from over $20 to under $10, I told my readers at that time that silver entered into a “reverse bubble”. I know it sounds odd, but let me re-visit the concept.
As you know by now, a “bubble” is when an asset reaches an unsustainably high level due to artificially stimulated demand. In 2004, I [...]
Guest Post, by AGXIIK
Silver Will Be in a Severe Supply Shortage by August 2012
Placing my a** hat on the table in front of me, I predict that silver will go into a severe supply shortage by August 2012 or sooner.
Greek sort of got bailed out, leaving the price of silver to float upwards as opposed to downward should central banks and private owners need to dump PMs to get liquidity.
Absorption of [...]
February 22, 2012 – 8:14am
What’s been holding the price of silver below $34 this year? It’s been the possibility of a disorderly default by Greece. Now that we have an orderly default, and what else is a 73 per cent loss for private bondholders, things have changed.
But the price is very high. $170 billion is the highest sovereign debt restructuring in history. The ECB has made north of $1.5 [...]