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10 Signs The Takedown Of Paper Gold Has Unleashed An Unprecedented Global Run On Physical Metals
TEC ^ | 04/20/2013 | Michael Snyder

Posted on 04/21/2013 2:29:52 PM PDT by SeekAndFind

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1 posted on 04/21/2013 2:29:52 PM PDT by SeekAndFind
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To: SeekAndFind

“So hold on to your hats. We are entering a period of time when there will be unprecedented volatility for the prices of precious metals. It will be quite a roller coaster ride, but if you can handle the ups and downs it will be worth it in the end.”

Thirteen years and counting for me, holding G&S. This is the BUMP before the rocket ride to the top, Baby! Keep the faith...that our Government will screw us at EVERY opportunity. Trust them at your peril; we are truly on our own. ;)


3 posted on 04/21/2013 2:38:21 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: dennisw

Ping-worthy for Monday?


4 posted on 04/21/2013 2:38:45 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: SeekAndFind
Makes you wonder if the real gold held by some banks for other nations is really there also. The banking system is basically a legalized formalized ponzi scheme. The social security bubble is approaching also. The government spent $13.4T of social security for pork now we are holding he bag. How many of these bubbles can burst before we really get into trouble?
5 posted on 04/21/2013 2:55:13 PM PDT by mountainlion (Live well for those that did not make it back.)
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To: SeekAndFind

Forget gold & silver; go with LEAD & BRASS!


6 posted on 04/21/2013 3:02:17 PM PDT by Carriage Hill (No one can go back and make a new start, but anyone can start from now, and make a new ending.)
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To: carriage_hill

Good luck finding any at a price that you want to pay.


7 posted on 04/21/2013 3:29:58 PM PDT by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: SeekAndFind

I’m a little unclear on how this is anything but evidence that when prices drop, more is demanded.

The difference between paper price and physical price is a separate (and more interesting) phenomenon.


8 posted on 04/21/2013 3:34:37 PM PDT by Atlas Sneezed (Universal Background Check -> Registration -> Confiscation -> Oppression -> Extermination)
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To: 3Fingas

You have mail.


9 posted on 04/21/2013 3:36:13 PM PDT by Carriage Hill (No one can go back and make a new start, but anyone can start from now, and make a new ending.)
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To: SeekAndFind

Silver Eagles selling for as much as $38.50 today...

http://www.ebay.com/sch/i.html?_nkw=american+silver+eagle


10 posted on 04/21/2013 3:47:00 PM PDT by WhistlingPastTheGraveyard (Some men just want to watch the world burn.)
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To: SeekAndFind
So hold on to your hats.

Take your pick:

or


11 posted on 04/21/2013 3:47:15 PM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: SeekAndFind

Now where did I put that ounce of copper???


12 posted on 04/21/2013 4:08:28 PM PDT by phockthis (http://www.supremelaw.org/fedzone11/index.htm ...)
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To: F15Eagle; blam; TigerLikesRooster; dennisw

What will gold be worth,
when the dollar is worthless?


13 posted on 04/21/2013 4:18:15 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: phockthis

My copper is mostly wrapped around lead, at the pointy end.


14 posted on 04/21/2013 4:19:07 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: SeekAndFind
But this is what happens when you manipulate free markets - it often has unintended consequences far beyond anything that you ever imagined.

This manipulation of the price of gold is like government price controls, where a price lower than the market price leads to increased demand, which leads to shortages.

15 posted on 04/21/2013 4:24:18 PM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: SeekAndFind

mark


16 posted on 04/21/2013 5:47:54 PM PDT by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: Diana in Wisconsin

Monday ping....more will see it :)


17 posted on 04/21/2013 6:22:18 PM PDT by dennisw (too much of a good thing is a bad thing - Joe Pine)
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To: Diana in Wisconsin

Silver coins and bars have such a high premium today you could say the physical silver price is higher than the paper silver price. Not so with gold...going by the APMEX premiums.

APMEX is out of 100oz silver bars. Out of US and Canadian govt silver coins. You can find them on ebay with crazy premiums


18 posted on 04/21/2013 6:25:58 PM PDT by dennisw (too much of a good thing is a bad thing - Joe Pine)
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To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...

Goldbug ping.


19 posted on 04/21/2013 6:30:05 PM PDT by Jet Jaguar
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To: dennisw

I don’t need to buy a THING. :)


20 posted on 04/21/2013 6:38:02 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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