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Silver Coin Collectors and Pawn Shops are Getting Duped: “Very High Quality Fakes”

Mac Slavo
May 6th, 2013
SHTFplan.com

 

With rising precious metals prices comes the age-old scam of counterfeits.

Fake gold coins and bars,  many originating from China, have been discovered at dealers all over the world, including some high profile banks. Some analysts have even suspected that central banks, which hold thousands of tons of gold, may have fallen prey to the scam.

With silver having recently achieved all times highs and currently trading at around $25 [...]

US MINT SELLS RECORD 4 MILLION SILVER EAGLES IN APRIL

The US Mint updated Silver Eagle sales totals Monday evening for the first time in a week, and now report a massive 3,975,500 ASE’s sold with 1 day remaining in the month, an all-time sales record for April. 
The Mint shattered the previous all-time April sales record of 2.8 million set in 2011 by a whopping 41%, and is on pace to sell nearly 55 million ASE’s in 2013!
We suspect that had the [...]

We’re Witnessing the Biggest Take-Down in Gold in 30 Years, But The Crash In Gold Prices Unleashed An Unprecedented Demand For Physical Gold And Silver Across The World

Paper Gold Crash Unleashed An Unprecedented Demand For Physical Gold And Silver

The following are 10 signs that the takedown of paper gold has unleashed an unprecedented global run on physical gold and silver…

#1 According to Zero Hedge, the U.S. Mint set a new all-time record for the number of gold ounces sold on Wednesday…

According to today’s data from the US Mint, a record 63,500 ounces, or a whopping 2 tons, of gold were reported [...]

Major Precious Metals Retailer: “We Have Been Experiencing Astounding Volume”

Mac Slavo
April 17th, 2013
SHTFplan.com

 

Were one restricted to watching just the paper market spots prices for precious metals, one might assume that there is major panic selling of gold and silver around the world.

A few days ago gold saw its biggest drop in thirty years, and silver was right behind it, leaving many investors concerned that gold’s decade-long run-up was nearing its end.

With all of this selling you’d think there’d be [...]

Worldwide reports shortages of physical Gold as the price of paper Gold continues to get hammered!

“We are seeing buyback from the general public,” a physical dealer in Tokyo told Reuters and there are reports of shortages of coins and bars and premiums increasing on bullion coins.

There are also reports of shortages of bullion coins and bars in Thailand and in Singapore where premiums on certain bullion coins which are legal tender and have favourable tax treatment, such as American gold and silver eagles, have risen due to tightness [...]

Gold Record High in Yen – Rush to Sell Jewelery, Buy Coins and Bars

by GoldCore

Today’s AM fix was USD 1,581.50, EUR 1,207.16 and GBP 1,032.24 per ounce.
Yesterday’s AM fix was USD 1,572.50, EUR 1,205.26 and GBP 1,026.50 per ounce.

Gold climbed $12.20 or 0.78% yesterday to $1,584.70/oz and silver surged to a high of $28.06 and finished +2.68%.

Yen versus Currencies and Precious Metals, YTD –( Bloomberg)

Soros’ yen “avalanche” would appear to have begun with the yen having fallen by 9.5% against gold in 5 [...]

Q1 2013 US Silver Eagle Sales Beats All Records •Q1 2013 equals 42% of total/All 2012 US Mint sales of Silver Eagles

and the price keeps going lower and lower? Its because the chart painters have been working overtime to make the 1st Q price look bad. Well guess what ? 1st Q is over. There is a lot of POMO’s coming but I dont think they can hold the price down much longer. I will be buying right here this weekend as Monday starts the new Q.

Today’s US Mint figures show [...]

The Importance of Owning Your Own Bullion

by Phoenix Capital Research

 

Quite a few articles have been written about the importance of owning Gold and other precious metals as a means of maintaining one’s wealth in the face of rampant money printing by the world’s Central Banks.

 

Today I’m going to share some ideas on how to actually buy bullion.

 

As far as precious metals go, you need to:

 

Own actual Bullion
Store it yourself (not in a bank)

 

I do not recommend owning a paper [...]

Chart Of The Day: China’s $3.3 Trillion FX Reserves Could Buy All World’s Gold Twice

From GoldCore

China’s $3.3 Trillion FX Reserves Could Buy All World’s Gold Twice

Today’s AM fix was USD 1,578.00, EUR 1,214.13 and GBP 1,049.06 per ounce.
Friday’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce.

Silver is trading at $28.75/oz, €22.11/oz and £19.20/oz. Platinum is trading at $1,584.25/oz, palladium at $719.00/oz and rhodium at $1,200/oz.

Gold fell $4.80 or 0.,31%% on Friday in New York and closed at $1,575.60/oz. Silver surged to a [...]

Did Obama Cook the financial Books to get re-elected? Interview with Peter Schiff

This guy is smart smart !

Peter Schiff: Obama recession will be worse than the Obama recovery

Peter Schiff & Doug Casey On Gold, Investor Cluelessness, And The “Escape From America” Plan

 

Gold RUSH: Americans bought an incredible amount of gold and silver this month

… Americans who sense uncertainty in the air are flocking to the safety of physical resources.
… According to the [U.S.] mint, investors purchased nearly half a billion dollars in [...]

Gold Caps Biggest Gain in Almost Three Weeks – Silver Eagles Record Sales as Investors Seek Alternative to U.S. Dollar

Rush To Safety: Americans Buy Nearly Half a Billion Dollars Of Gold and Silver In January

Mac Slavo
January 30th, 2013
SHTFplan.com

 

While public officials may be ignoring the continued deterioration of our economy, job losses to the tune of hundreds of thousands of people weekly, and the unprecedented demand for government emergency support services like unemployment insurance and food assistance, Americans who sense uncertainty in the air are flocking to the safety of physical resources.

Our first point of interest is a recent report from the Federal Reserve that [...]

Massive Squeeze Coming As WGC Confirms Gold-Backed Yuan

from KWN:

King World News is pleased to break the news first in the world for our global readers that the World Gold Council has now confirmed the Chinese are going to back the yuan with gold. Today a legend in the business, Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, informed KWN [...]

US MINT = “Sorry, no more silver”. Silver SLV ETF: “adding tons of silver”. Silver manipulation or what? Calling Silvertards!

Most of you have heard that the US Mint has once again stopped selling Silver Eagles because they have “sold out”. A few years back it was 100% against the law for them to stop production as they were legally obligated to buy silver at any price. Now Silver Eagle program can only be stopped with the authorization of the US Treasury Secretary….which was no doubt done this time. They [...]

Is Ted Butler’s Silver Panic Imminent? Apple Contractor Claims New iMac Production Delayed Over Silver Shortage!

by Bally A, Silver Doctors:

Silver expert Ted Butler has long predicted and awaited an eventual industrial shortage of physical silver, and a resulting panic silver buying that terminates the bullion bank cartel’s manipulation of the silver market.
Butler may be about to be finally proven correct, if an Apple contractor is right that Apple has delayed production on the new 27” iMacs over an industrial silver shortage in China.

With the US Mint sold out of [...]

What Chinese investors really think about gold

From Jeff Clark, Senior Precious Metals Analyst, Casey Research:

Have you ever wondered what the typical Chinese gold investor thinks about our Western ideas of gold? We read month after month about demand hitting record after record in their country – how do they view our buying habits?

Since 2007, China’s demand for gold has risen 27% per year. Its share of global demand doubled in the same timeframe, from 10% to [...]

Why and How to Buy Bullion… Plus Where to Store It

by Phoenix Capital Research

 

In terms of storing your wealth or preparing for what’s to come, I think everyone should have SOME gold and silver bullion on hand.

 

How much you purchase is up to you. But you should have several months’ worth of expenses in gold and silver bullion. Why Gold and Silver? Because if the banks are closed or if paper money is worthless, you don’t want to be walking [...]

US Mint Sales Show Buyers Want Silver

By: Dr_Jeff_Lewis

The US Mint released its silver sales figures, relaying to investors what was already known—investors want silver, and silver only.?The Mint ran into problems during September, taking more orders for coins than it had available in uncirculated condition. As of October 21, the problem in supplying the market with uncirculated coins has been smoothed out, and the market remains hungry for silver coins of all types, except those closest to [...]

Gold and Silver News 10/29/2011 EU Debt Deal

EU Debt Deal, Eliminating USD, US Mint Sales of Gold and Silver Eagles

US Mint sold 737,000 silver eagles yesterday (10/4) alone.

I just posted an article yesterday, pointing out how strong the physical sale of silver is from the US Mint and that the amount of dollars flowing into silver in the 1st 9 months equal the amount of dollars that flowed into the silver program in the first 263 months of its existence.  Now, I get this from my friend Randa with this great catch!

Yesterday 10/3, [...]

Extreme Increase in Demand for Physical Gold & Silver Globally

kingworldnews.com

King World News is continuing to get reports from sources around the world regarding tremendous physical demand in both gold and silver.  One source out of Norway told KWN, “What I can report from Norway, and as you know we are not part of the euro system, we are experiencing an extreme increase in physical demand for bullion, both in silver and also in gold.”  [...]

Fed Balance Sheet Grows To $2.723 Trillion

1) Fed Balance Sheet Grows To $2.723 Trillion

“The U.S. Federal Reserve’s balance sheet continued to grow last week as the central bank maintained efforts to spur economic growth through asset purchases.

The Fed’s asset holdings in the week ended May 4 climbed to $2.723 trillion, from $2.695 trillion a week earlier, it said in a weekly report released Thursday. Holdings of U.S. Treasury securities rose to [...]

Silver bars are out of stock:

………….A lot of these are out of stock:

………………..APMEX silver bars

…………………………..Silver Eagles

………………………….Silver Maple Leafs

Brett Arends: 6 Signs Why the Silver Market Has Gone Nuts

The madness overwhelming the silver market has to be seen to be believed. Prices have skyrocket 

The madness overwhelming the silver market has to be seen to be believed. Prices have skyrocketed in the past few days. The U.S. Mint has sold out of Silver Eagles, and is quoting several weeks’ delivery.

Everyone is getting in on this. While I was in a local coin and precious metal [...]

Shortage Warning: Apmex Out Of Silver Eagles Until May 13

by ZH

With the US Mint forced to cut down dramatically on its Silver American Eagle sales, for some reason various timid elements considered the drop in monthly sales as indicative of a wane in investor interest (record prices aside). Perhaps the following note from Ampex: one of the otherwise “deepest” silver vendors in the market, may restore some balance to the (supply/demand) force.

And yes, [...]

EBay price for Silver Eagles up to $56

by RobotTrader

http://www.24hgold.com/english/buy_sell_silver_coins.aspx?co_id=0

Live Chart of Monex buy/sell prices for silver eagles:

Monex Silver American Eagles Pass $50/Ounce

by ZH

But it could be worse. One could be trying to buy American Eagles in Latvia, where the dealer bid/ask is 45.91x….72.81!

- Source

Silver: If current trends persist, the all-time high of $49.45/ounce will be reached in the near future

Smart Money Europe – http://www.smartmoney.eu

Short squeeze! Here comes 50-dollar-Silver

Silver is blasting through all barriers, topping $36.5 this morning! The white bullion market is tight, and the short squeeze in the futures market is exerting a constant upward pressure on the price. If current trends persist, the all-time high of $49.45/ounce will be reached in the near future.

Silver is performing exceptionally, outstripping a [...]