I’ll never understand the gold and silver markets. By now I would have thought they would be rocketing to new highs, but they just look stuck.
I get the nagging feeling those markets are being manipulated by either the fed or somebody's (America's, China's, Russia's?) government. I mean, if the Hunt brothers could do it privately, imagine what the fed, along with a complicit US government, could do? And without fear of prosecution.
Personally...I like the fact the Feds continually manipulate the price down a few bucks.....Let ‘em take it down a few hundred and see if there's any buyers....lol
Yep, stuck. No change.
8-7-2012 I bought some 90% silver Franklin and Walking Liberty Half Dollars for $2,244.86 per $100 face value.
Today the price was $2,616.65. Only up 16.56% in four months and three days. Total waste of time!
Where do you buy gold and silver?
I’ve heard the ads on the radio just like everyone else and looked into Lear. It all seemed like high-pressure sales and turned me off. I came away feeling that I was about to WAY over pay.
So how’s a novis dip into gold and silver without feeling like they’re over-paying?