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You Have To Feel Really Sorry For The Gold And Silver Bulls Today
http://www.businessinsider.com/you-have-to-feel-really-sorry-for-the-gold-and-silver-bulls-today-2013-3 ^ | 3-27-2013 | Joe Weisenthal

Posted on 03/27/2013 5:43:56 AM PDT by blam

You Have To Feel Really Sorry For The Gold And Silver Bulls Today

Joe Weisenthal
March 27, 2013

So Europe is being Europe today. That means that there's political chaos and talk about bank depositor haircuts and all that.

You'd think it'd be a great day for gold and silver.

But gold isn't going anywhere.

Kitco

And here's silver, which got smoked this morning.

KITCO

The love for these assets has really faded.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: gold; investing; markets; purchasegold; silver
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To: silverleaf

What do you think of the strategy of looking at the historic price ratio between gold and silver to determine which is the “buy” at this time?


21 posted on 03/27/2013 7:25:04 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: blam

Nailed the low print on SLV today 27.38.

I’m not a big fan of the etfs but as long as the metals are trading in these tiny ranges, ain’t no other way to *trade*. To accumulate, my reco is to assume the metals are smarter than you are and add smallish amounts on dips.


22 posted on 03/27/2013 7:29:21 AM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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To: Kozak

Silver American Eagles? How much mark-up does he have?


23 posted on 03/27/2013 7:30:15 AM PDT by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: bolobaby

One of the few smart things I did was start buying what silver I could at $7. What you said is what I say to non believers.


24 posted on 03/27/2013 7:32:01 AM PDT by Rusty0604
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To: BipolarBob

Merit Financial offers free frt on the first deal over (I think) $2500.

Gainseville Coins, another good source.


25 posted on 03/27/2013 7:34:18 AM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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To: Attention Surplus Disorder

Thanks


26 posted on 03/27/2013 7:35:46 AM PDT by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: God luvs America
considering it was over $1700 a month ago....

30 days ago gold was $1588. As I type it is now $1605. Not too large a move. Now six months ago it was higher but Five years ago it was under $1000. Not too shabby. I was late and started buying at $400. Silver is even better. I was a buyer at $5.00. That is better then 'not too shabby'.

27 posted on 03/27/2013 7:38:05 AM PDT by Wingy
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To: blam

Blam, the sarc tag, there for a reason.


28 posted on 03/27/2013 7:44:07 AM PDT by misanthrope (Liberalism; itÂ’s not unthinking ignorance, itÂ’s malignant evil.)
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To: blam

Money pourin’ out of the EU, and in to US, Can, and UK (among others).

Strong $ makes AU/AG LOOK doldrumatic.

Ya need to have the heavy variety.


29 posted on 03/27/2013 7:48:15 AM PDT by misanthrope (Liberalism; itÂ’s not unthinking ignorance, itÂ’s malignant evil.)
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To: BipolarBob

One nice thing about APMEX is, even though their freight is highish (usually $25) is that you can buy metals 24/7 on an overnight dump, if you give them a credit card. With that order, you notify them that you intend to follow up with a personal check as pmt. Send the check (right away) and they will not charge your CC and thus you get a better price. Two weeks later, after your check clears, you get your metal. Very reliable source, though not necessarily the cheapest. But this saves either/both the premium charged for CC sales AND a wire xfer fee. There is NO escaping certain frictions in the metals unless you have a cash-over-the barrelhead transaction. Even then, you still have to pay the seignorage on any form, eg; $1/oz or so on generic forms, $2.79 or so on Silver Eagles. I *have* seen .69 premium from Gainesville.


30 posted on 03/27/2013 7:51:46 AM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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To: blam

Ammunition is the commodity to be in.


31 posted on 03/27/2013 7:53:56 AM PDT by EricT. (The Republican Party is a friend to conservatives the way Pakistan is an ally in the War On Terror.)
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To: blam

When it comes to newspapers - never pick a fight with them. They buy ink by the barrel.

When it comes to central banks - never assume they can’t overissue the paper money. They too buy ink by the barrel.


32 posted on 03/27/2013 8:35:34 AM PDT by wolfman
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To: Wingy

two months ago (late Jan) it was near $1680- i was off by 30 days...big effing deal...


33 posted on 03/27/2013 8:35:47 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: wolfman

Well nowadays it’s even easier being all electronic.
Baraqqi/Bernanke/Lew minibucks.


34 posted on 03/27/2013 8:36:40 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: EricT.
"Ammunition is the commodity to be in."

Yeah, I've thought about this some and I figure that if TS really HTF, a silver eagle ain't buying my can of Dinty Moore.

I buy some Silver Eagles, a few bars, but most of my effort goes into stocking up on stuff that I can use or trade. I've bought a bunch of canned goods, small bottles of propane, water filtration systems-everyday kinds of stuff- and hopefully, a cash cow in the form of a Dillon 550. It was getting hard to find as many components as I wanted for that, but the past week or so I've been seeing some around. I sure hope that I don't NEED them, but...

35 posted on 03/27/2013 8:42:55 AM PDT by skimbell
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To: agere_contra
I should add: as a way of managing physical risk I have about half my silver stored in vaults in London, Zurich and now Singapore.

How do you expect to get to it when the SHTF? If you don't hold it, you don't own it. Just ask Germany.

36 posted on 03/27/2013 8:46:27 AM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: skimbell

Heck, at least you can actually still FIND gold or silver.

Ammo, not so much.


37 posted on 03/27/2013 8:55:27 AM PDT by EricT. (The Republican Party is a friend to conservatives the way Pakistan is an ally in the War On Terror.)
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To: EricT.

I’ve added ammo to my “accumulation” list. Small purchases over time is building up a good stock of all. I buy my silver either locally or through Independent Living Bullion. They are at
http://www.independentlivingbullion.com/.

They have an monthly plan where you pay a monthly amount and they get your gold or silver assigned and move any partial into the next month. I have it shipped every 3 months to save on shipping costs.

It allows me to accumulate rather painlessly. Of course, I wish I had started back when silver was $7!


38 posted on 03/27/2013 9:07:45 AM PDT by tstarr
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To: agere_contra

That bullionvault website is interesting.
Can you go to the vault and directly take out your gold if you wanted to? Or is it just on paper?
(ie in London or Singapore, etc?)


39 posted on 03/27/2013 9:56:17 AM PDT by CharlotteVRWC
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