Making Money no matter the market conditions....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Harvey Organ's "Latest" update on Silver and Gold prices from this past week and what to expect from here on out - also talks about the Gold-to-Silver ratio at the 19:14 mark in the video - Basic summary is He expects Gold and Silver to continue downward until the "Last" ounce of Silver is gone from China's inventory and at that point he feels they will demand their physical silver that we owe then from the Comex which we don't have therefore causing us to default whenever that does occur but he feels it could be Mid-December when China runs out and the prices will continue to be manipulated until then, he does make alot of credible points but like everything else we will see how it plays out, Here is the video > http://www.silverdoctors.com/harvey-organ-shanghai-drained-of-silver-bullion-banks-are-about-to-attack-the-comex/
The European Central Bank Gold Agreement has just been renewed and Guess who continues "Not" to be signatories to the agreement - the U.S. Federal Reserve and the U.S. Treasury Department and thus do not even pretend to want to avoid disturbing the gold market > http://www.24hgold.com/english/news-gold-silver-conspiracy-fact-the-european-central-bank-gold-agreement-is-renewed.aspx?article=5853199530H11690&redirect=false&contributor=Chris+Powell&mk=1
Waiting to see if she breaks $16.60 because if she does she is headed to $14's more than likely...
I thought this would happen when they tripled the share count and announced they would do a reverse split within a year, if it finds a bottom i may stick a toe in but i seems nobody at Delia's knows how to manage money but they sure know how to spend it and rather quickly. I'll definitely hop in at .10 but anything above .14 I'd have to find more positives on this one currently which is hard to do, nothing but a nosedive down since 2006.
People just don't know do they ironwill, if you are a reader of his you know what i'm saying, this is the deepest guy on the planet, I don't know how he does or gets the info but i'm glad he does because it makes you think that's for sure, also check this site out - World Net Daily - http://www.wnd.com/
Economy Recovering - Here is an example - Doesn't matter who old anyone is on this board the debt has gotten worse each passing year but yet year after year we hear the same thing, we need to address the national debt and yet it gets worse and worse. It doesn't matter what chart you find on google about the debt it's "Fact" for decades and decades it gets worse and worse and that's just 1 issue > http://www.infowars.com/the-united-states-of-debt-total-debt-in-america-hits-a-new-record-high-of-nearly-60-trillion-dollars/
Class Number 1 - How To Always Make Money - Doesn't Matter the Market is doing and How I "Always" profit from it.
Class Number 2 - Read Class 1 - It's the "Only" Class needed
Education system - Knowledge is Power
Strong Economy, Lol, over 46 million people on food stamps and that's being conservative per their numbers because like the famous saying goes "Figures don't Lie, but Liars do Figures" Think about that statement or this one by John Adams - "There are two ways to conquer and enslave a nation One is by the sword. The other is by debt." which do you think we are. Or how about this one - "Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild. Simply put we are Trillions and Trillions and Trillions in debt to where we can't cut off the printing machine and even pay the interest on the loans, we are having to borrow money just to pay the interest on the loans for the money we have already borrowed in the past- not to mention our debt is more than all of the other countries in the world combined in history - why do you think are government took over the "Banking" industry - try going to the Bank and getting a home loan with that kind of debt ratio - So we are the "POOREST NATION" on earth using statistics all the other nations use - China has bailed us out twice we can't even pay them back, that's why we are manipulating the prices for them now so they can accumulate and we continue to do them political favors because we owe them so many favors, the NAFTA and GAT treaty sent millions and millions of jobs overseas that are never coming back, just our student debt bubble alone 2.4 Trillion dollars is more than 98.3% of the other countries in the worlds debt. Let's say your house is financed through the bank if you can't make the payments and you owe more than what you can possibly make or pay back not only are you severely in debt, you are Bankrupt and they will come take it and foreclose on it, kinda what China is in the process of doing right now to us along with Russia 1 Major, Major key note many people are overlooking right now that we are now a ticking time bomb and within 12 months you probably will see - never in history have we lost the status of the "PETRODOLLAR" in which "EVERY" country in the world has to use the U.S. dollar, until Now, that's the major difference than last time that "NOBODY" talks about. Russia was one of the ones to start this and strangely within 24 hours we proposed economic sanctions and blamed it on the Ukraine issue. Before our new president Silver was $9 an ounce and I had a brick of it given to me by my grandfather, why because his opinion was like alot of economists today the government will try to spend their way out of it so when it started to rise he advised me to sell it at $31, I thought that was great but actually i sold way too early, I've been an investor for several years in the metals and it can go back to $10 and I still would have profited so technically investors that invested years ago are not down they are still up, it's just because the sentiment is bad but when she turns then everyone hops on the "Bandwagon." The only option our country can go is what they are "Currently" doing and that is "Deflation" and gold may go to $700 an ounce that's why I trade bullion and slowly accumulate and very sporadically ever buy. We are much more in debt than 2008 and have created yet another bubble, the student loan bubble just to name another one, so most economists will even say that gold will rise again just based on history and statistics alone, we would be well over $100 an ounce right now in silver if the government hadn't intervened but my payback to them is I love shorting the "Hell" out of certain stocks they talk up especially in earnings season, September, but my favorite is December - the Tax Sell-Off. Either way you look at gold and silver, if you want it to go up because you are an investor than the dollar goes down which means you better have a crapload of it because that means a more expensive cost of living no matter how you slice it - higher gas, power bill, water bill, groceries, etc..
$52 maybe - Got some at $47.48 - But if she breaks support I'm out.
I'm telling you that ratio is insane "Investors" are crazy if they don't try that approach just once while the ratio is this high, they can always switch back to gold when the gap (ratio) closes and keep a few "FREE" pieces of silver, I've did this many, many times before but if anyone tries it be careful because it's addictive, hahaha. I got sent to 2 different places before I could make the trade but didn't catch the 70, it was 69.5 when I got there but hey I'll take it. If you don't think silver has more interest right now than gold, try making a trade with any dealer around you, they are very skeptical to cough up almost 70 ounces of silver to 1 ounce of gold right now when they know silver has broken it's support and they feel it should rebound soon and at anytime while gold hasn't broken it's support yet, most won't make trades with silver this low right now. But needless to say "Pamp" fought a good fight and I only have 1 of her left then i'm all silver, gonna hang on and hope for a ratio in the 70's or go pick "Pamp" back up if it goes to 52 or less....
Gold-to-Silver ratio now 70.0 Me and Pamp are going to town
I'll agree as the "Metals" sector is just a side investment or hobby for me as it is also a very difficult sector to predict regardless of the charts but I'm ok with it I've got a nice little starter position at what I feel is a decent undervalued price so i don't fret on what it does from day to day, I'm patient so I don't expect things to change overnight I just like to read headlines and post topics of interest, especially the political ones, Trust me if I had to make a living playing this sector I would probably have no hair but it doesn't matter to me what the market does as I short stocks and do options and I trade all ways that's my particular strategy so I can make money no matter what the market does, i learned a long time ago to never limit yourself or just seek one stream of revenue or trade just one way, it's plain and simple for me, multiple strategies leads to multiple streams of revenues and incomes. I actually pay more attention to the gold-to-silver ratio's more than anything because i'm like a kid in a candy shop sometimes to me it's just fun, as of now it's 69.4 I'm hoping for the ratio to hit the 70's. It's amazing how much flack i've gotten over the past couple of years and people chiming in on this particular strategy but what's even more funny is why those same people have watched their investments sink day by day or hold a stock sitting waiting and hoping for it to go up one day because they only use or implement 1 strategy I have more than "Tripled" my bullion without spending one single penny, i keep my trading pieces seperate from my investment bullion, not to mention i grabbed "puts" on 2 different stocks and am short 1 right now. Everybody has their own plan and strategy and to each their own. Sometimes you have to think like a crook, the very ones that are manipulating it because they, like us, want to purchase as much as they can for as little as they can so they can prepare and control their countries future and this takes time and a tremendous amount of money. I heard the same thing years ago in Bank of America stock, LVS, and others and waiting patiently for multibaggers and even sold some early that i shouldn't have but you live and learn, but who can argue with any multibagger but as those companies started to turn the corner and the trend the sentiment started to change, i've seen many investors bash a stock or the sector or someone's price entry point but it takes time, but if it goes to $14 in which i am sitting by just waiting to see if it does I will load the boat like you have never seen and if it doesn't and it turns before then then good as i already have a position, as an investor you "Always" prepare for the unevitable even if it never happens, just like a military, every country prepares in case of something was to ever happen but just imagine what could happen if you didn't. Better to be Safe than sorry...
News Past 48 hours > http://www.bloomberg.com/news/2014-09-24/bofa-peeks-inside-venezuela-s-gold-valut-for-closer-look.html?cmpid=yhoo
Russia > http://economictimes.indiatimes.com/markets/stocks/news/russia-adds-to-gold-holdings-for-5th-month-in-a-row-imf/articleshow/43398741.cms
and > http://news.goldseek.com/GoldSeek/1411649298.php
India > http://www.bloomberg.com/news/2014-09-25/gold-premiums-in-india-seen-doubling-on-festival-demand.html
United Kingdom - Odd timing > http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11120721/UK-moves-to-extend-Libor-rigging-laws-to-oil-gold-and-currency-markets.html
It's been in the "Works" > Look what Mexico is doing > http://www.westernjournalism.com/start-reverse-migration-mexico-job/
Look what the Swiss are doing > http://www.dailypaul.com/325123/swiss-will-vote-on-nov-30-for-gold-backed-franc
You know this is and (has been) going on for a while behind the scenes with many other countries as well but if you publicize it to the press and make the public aware and create panic people will rush to it and drive the price up, this is the last thing that they want, they want to manipulate the price as low as they possibly can and constantly sell the fear with these BS statistics and numbers they put out while they are quietly accumulating hoards.
While all other countries are preparing behind the scenes - Our country is so ignorant they are probably ordering these > http://www.bestbuy.com/site/canon-pixma-mx472-wireless-all-in-one-printer-black/3854006.p?id=1219093974754&skuId=3854006&st=categoryid$pcmcat335400050001&cp=1&lp=2
Thanks everybody for all the info and responses, i've ordered from sdbullion.com so far that is the cheapest i can find online and i've ordered from jmbullion.com in the past, so i'll definitely add apmex.com to the list. Also where I live i've been running ads on the internet also and in the local papers that i will pay full spot and $1 over spot right now for silver depending on the types and brand and have made a few purchases and even some trades like that just to see what i can come across. Matter of fact that's also how i acquired gold was like that. Just not to much up on gold personally right now at this price, I'm a percentage guy i personally believe silver will be far more profitable percentage wise as in returns and run quickly and close that gold-to-silver ratio since it has been way more manipulated when they do both start to move upward eventually. Right now I'm liking the spread, my last trade was 68 1/2 ounces of sunshine to my 1 ounce Australian Perth of gold. I'm waiting to see if that difference in ratio goes to the 70's that's when I'll trade in a couple of Pamp ounces for some silver, problem is dealers in my area right now don't have that kind of silver bullion just sitting there since silver has taken a beating and they don't want to take losses but oddly the places I've visited and made transactions with it seems they don't mind taking a trade in of silver ounces for gold but are a little bit reluctant to take 1 ounce of gold for 65 to 69 ounces of silver depending on what the ratio is at the time, at least that's the way it is in my area. Seems like the gold-to-silver ratio is not wanting to swing like it sometimes does so i'm hoping for a little better further spread, of course if she breaks $16.60 that might not be a problem, I can even see it possibly going to $14's but under that I think an investor we have to be a fool not to grab it at those prices.
I've grabbed some bullion in this price range for a small starter investment I guess you could say but before I go grabbing anymore though I'm waiting to see if she can hold $16.60.
Got those Nov. 24th "Puts" early this morning, Seems to be reacting so far...
No such thing is "Junk" hahaha, Hang on to it because silver itself is under heavy accumulation right now you are starting to see many investors taking notice of it's price. But hey if it's junk and ya don't want it i'll sure take it, hahaha because now I can't even find any physical silver anywhere where I'm at, only 1 dealer has it and they want $24 an ounce. There is alot of interest abroad right now for it since it is priced cheap but seems no one is wanting to sell at these prices I've had several people to contact me even willing to pay 10% over spot for it so I just gave them the websites to order it off of, just hope they have better luck than I did. I just placed another order last night, it's nice to see a green day on the market for silver, not sure how long that will last though....
Talk about timing > http://finance.yahoo.com/news/russell-2000-may-way-death-194952112.html
and this, First time ever on record they have stated such > http://finance.yahoo.com/news/some-powerful-voices-add-to-fears-of-a-stock-market-bubble-153542781.html
Just Released - U.K. proves they have "Physical" > http://www.independent.co.uk/news/business/news/royal-mint-puts-its-gold-bullion-up-for-sale-9747554.html
News like this will become more and more interesting over the next few weeks especially if demand continues and even grows how this will all play out when shipments start to slow and oders continues to get delayed which seems to become a popular slogan here lately in the U.S.
Another mission complete this morning, while on my coffee run to town I took a friend with me, Let's just say his name is "Perth" on the way home we stopped by a local pawn shop, well sadly I left "Perth" at the shop but brought home 68.5 new friends, Let's just call them "Sunshine" but I may see Perth again if the ratio goes back towards my favor, if not I have another friend named "Pamp" that will take a ride with me if that ratio get's hits the 70's...
Thanks hotrod, this board may make me purchase a subscription one day, hahaha...
Thanks for the invite, very cool info on here, i see i'm not alone, hahaha...
You can easily agitate a coin dealer by using this method, even though i have never stated my reasoning to them and why i exchange like that but they have kinda figured that there must be some purpose to it because i keep coming back and doing it and have a smile on my face every time - of course they may think i'm bipolar, hahaha... Matter of fact i've had a dealer to tell me not to come back of course i was going 3 times a week to that particular one but if you do that it's a system that can or could work in the long run but like everything else it's also risky but so far i'm waayyy ahead and enjoying it. I'm kinda skiddish to do it right now because silver may be on the edge of ticking up if the buys and interest continues and i personally don't want to be stuck in gold when that happens. I'm a percentage guy and silver is an easy multi-bagger where as gold maybe a double or triple depending on what your opinion of everything is and if that gap closes to the old 16 to 1 or 36 to 1 then i'm definitely trading all the silver i have for gold if it ever goes to 16 to 1 giving you even greater profits, thats the end game for me.
I just wait for the right ratio each time and just switch to gold then back to silver and then when the ratio gets further apart i switch back to silver, sometimes it takes a while i just dont want to get stuck maybe holding gold if major news hits and a bull run is about to begin but I just do it locally with 2 or 3 of the local coin dealers it originally started as a little business project with my child who is a business major in college and i just keep doing it, it's kinda like gambling in a casino for me, trying to get back more than what you put in i guess. I've did very little research actually but a couple of articles i've read they kinda give you the basis of gold is to hang on to in a recession but silver is to keep when the bull run begins, i agree with that scenario i guess especially at the way it's priced currently. I can handle swing trades, bounce plays, calls, puts options, shorts, short term and i trade all ways but metals has never been my thing, i guess because it is so manipulated and you can just about throw the "dd" and charts out the doors sometimes.
Trading is getting more risky by the week as a couple of high profile individuals have called the top in the market over the weekend so it's definitely getting more complicated so you sure don't want to get stuck holding any bag in any stock but it's always a gamble in the market these days and it's even more of a gamble trying to even figure out or comprehend what those in power are doing or what is really going on behind the scenes across the world but anyway you look at it everyone has their own thoughts, opinions, and beliefs. I think when silver broke support it created an "Absolute" buying frenzy from investors all over so it's curious to see if there is more buying pressure at these prices how silver will react maybe this week and next, especially if they try to dip it again in price. Myself personally I would kinda like to see the feedback on how long it will take for those purchases not only friday but from here on out for the customers to actually receive their shipments. I placed an order with another company for some bullion yesterday but we will see how that turns out. I have tripled my bullion slowly in the past 2 years and have not spent one dime, seriously, hahaha. I have been trading the gold and silver ratio and the local dealers near me get tired of seeing me and can't figure out what I'm doing, heck sometimes I can't figure it out. Friday I traded another ounce of gold for 66 ounces of silver and when the gap closes back again at maybe 59 and lower I will trade my silver back in for gold, I've not exactly figured this strategy out to a tee yet but slowly I have gained several ounces of silver each time which eventually leads to a free ounce of gold, don't let anyone tell you it can't be done, I would love to find more information on this strategy from someone who has more knowledge of this because it is fun and it's a hobby but I'm gaining on each trade but it is time consuming going back and forth alot. Right now Gold is $1216 and Silver is $17.81 so divide $1216 by $17.81 and the ratio is 68.27 last week at one time it was in the 50's so I traded my silver in for an ounce of gold then same week as of now it's 68.27 so I traded my gold in for 66 ounces so just last week alone I gained maybe 7 ounces of silver for free, it's just a hobby that I do but I also still buy at times.
Alot of interesting info here, Greetings all...
Not a problem, just an opinion from one trader to another, but we all better make money while we can because from an economic standpoint of view the path ahead may possibly be more difficult and complex than the picture we have painted to the public, but regardless, Good Luck to you no matter how you trade...
Interesting Headlines > http://www.businessinsider.com/china-is-trying-to-build-a-new-world-order-2014-9
and > http://www.foxnews.com/us/2014/09/20/us-navy-issues-warnings-on-russia-chinas-submarine-fleets/
and > http://news.yahoo.com/g20-finance-chiefs-confident-growth-goals-achievable-013520908.html;_ylt=A0LEVzI7vR5UjzQANwBXNyoA
Manipulation could continue for the next 12 months, Who knows, Silver could go to $14 but I personally don't see it falling below $14 - but if it does I'm loading up the boat and putting the family in it.
Just read the Headline titles below on these links: They know unless they intervene it will collapse > http://news.yahoo.com/g20-nations-want-putin-leaders-summit-005948252.html
http://news.yahoo.com/us-treasury-chief-urges-more-effort-spur-faster-082355979.html
They are in a pickel and they know it > http://news.yahoo.com/g20-chases-growth-goal-members-differ-045415497--sector.html;_ylt=AwrBEiGzvx5U0F0AsKbQtDMD
No one can answer that question unfortunately as of when it will all take place, if we all knew that then we could all be billionaires if we knew how the system would play out and catch the exact price bottom and ride the wave to profits but it just doesnt work like that, dang, hahaha... So the next best thing in my trading experience would be to just start a position in what you think as a trader might be a good price you feel is undervalued and take a starter position then if it would happen to drop a decent percentage in price then grab another position and kinda see where you are at then, but it's really just anyone's opinion and judgement call, myself i would rather be somewhat prepared at this stage and price then to wait and say well i think i can get it lower and hop in and maybe miss an opportunity of having something then nothing, that's why i say to some people just take a starter position because think about it, Silver's price is down 64% since 2011 just 3 and 1/2 years ago, that is a beat down price and i thought i had grabbed a starter at $18.51 8 days ago but since they are issuing me a refund looks like it may have worked out maybe better "IF" i can actually get it at a decent price when i order next time but then again i won't go all in in case if it was to drop so i'll just grab a starter. Evidently other investors feel that way also as Yesterday was the Highest Record Volume and Sales day in Silver bullion. Regardless investing is a chance especially in this sector but i would rather have some than nothing if the crap hits the fan and by the news we are seeing its not exactly a positive outlook.
Here is a chart just released on Inflation and on the Good Ol Federal Reserve - notice in the Chart when the Federal Reserve opens for business, lol, Ya catch my drift > http://www.advisorperspectives.com/dshort/charts/inflation/inflation-since-1872.html?inflation-linear.gif
That and the Loss of the Petrodollar > http://www.examiner.com/article/petro-dollar-era-is-officially-over-as-gazprom-begins-sales-yuan-and-rouble
Expect a hike in Oil soon - Matter of fact, Did you see the News and last night - http://time.com/3408695/us-jets-russia/
And don't you find it odd that the timing of the Russia / Ukraine situation was near the same time as the "Loss" of the Petro Dollar in which countries are required to buy and trade oil in U.S. Dollars - but not anymore - hence the "Yuan" not to mention the "Yuan" is now backed by Gold and our dollar is printed out of thin air backed by nothing but Trillions and Trillions of debt.
This in my opinion is the major difference than the last time that silver and gold made a run up, China (which we owe Millions of Ounces of Silver to not to mention Trillions of Dollars for Bailout money), Germany (which we owe several thousand tons of Gold to), Russia (which we owe an undisclosed amount of Gold to), and Saudi Arabia - these countries has already merged and made agreements between them that they will no longer use the Petro dollar they will use the Yuan and their currencies, so that factors in as well.
TRUE - Google it - Did You Know: Silver" set the ALL-TIME RECORD VOLUME and in SALES "YESTERDAY" more than in "ANY" time ever in human history for any day but yet our stock exchange and the london stock exchange doesn't reflect that, why, do you think that's a coincidence, but yet you can't hardly even find it no where in the news, I just hope they have better luck getting their silver bullion than I did > http://www.maxkeiser.com/2014/09/silver-slaughter-are-we-headed-to-15/
Not to Mention Silver ETF's - but as long as those investors dont decide to cash in then they may be in for a surprise when they may walk into an empty vault> http://www.bloomberg.com/news/2014-09-18/silver-s-etf-demand-outpaces-gold-by-most-ever-chart-of-the-day.html
Investors and Traders are somewhat more smarter and maybe more enlightened so to speak these days maybe unlike the Great Depression where people sold in Fear risk of losing everything, now the Smart, the Wise, the Patient, Invests now and Reaps the Benefits later because sadly history usually does repeat itself.
Truth of the matter is the other option which is on the table is one they could be pursuing - "Deflation" pushing everything lower but there again they are so-called trapped because just speaking of the metal sector alone they are manipulating the price down so low that they are having to "Block" other countries from buying because other countries can't even mine it and produce it and make a profit for the price we have advertised so they are actually blocking groups from buying. You may see negative interest rates and who knows maybe one of those useless "Trillion" dollar coins they tried to get passed to get around the crunch and chaos they have caused and the mess they are in but now it's changing and it will definitely get ugly quick if we piss China off and they tell the world what they said they would do if we didn't pay them back and that is that we have none of gold or silver among other things.
The "Metals" sector in trading has always been the most difficult to trade and profit at times especially in companies stocks but nevertheless with our nation's recipe for disaster > Trillions and Trillions in Debt more than every current country combined and more than any country in history - and still printing, The Loss of the Petrodollar, Loss of Jobs, Unemployment rate, Millions and Millions on Food Assistance, Taxes upon Taxes, well you get the point just saying you would think at some point something has to give, like it did when it made the last bull run.
But this is solely "My" opinion, they may try to take it lower and lower because think about it if you owed a country millions in bullion as they do then you, sell fear, mislead and misdirect with all kinds of current events and sports players and whatever and try to take the people's minds of the real problem at hand, then try to accumulate if they can and maybe even wait until there is a high short interest again then you pull the plug and this time it will blister any pace that we have ever seen in our lifetime especially when the truth comes out eventually that in my opinion is the "driver" that will drive up the price like we have never seen in our lifetime, of course opinion only. Try taking a cruise like i did over the summer nobody wants our currency anymore but regardless the end of 2014 and the ushering in of 2015 will be interesting to say the least.
You must be crazy - You are already starting to see the "Ripple" effect the New Shanghai Gold Exchange is having after just 1 trading day, you got this > http://www.bloomberg.com/news/2014-09-18/silver-s-etf-demand-outpaces-gold-by-most-ever-chart-of-the-day.html
and you got this > http://www.forbes.com/sites/kitconews/2014/09/18/comex-gold-stabilizes-on-short-covering-pares-loss-after-post-fomc-decline/
Also get on sdbullion .com website right now and see for yourself - it's the "Cheapest" place on the internet to get metals over spot price - They recorded record orders that they can't even fill http://www.silverdoctors.com/
Their site will state "In Stock" but try ordering adding it to your cart and this is the message that you will see "Delayed Shipment" > http://sdbullion.com/silver/generic-rounds/1-oz-silver-ntr-buffalo-round
also here is what they did to me they processed my order but have never shipped it I can send you a copy of my personal email that they sent me that I ordered 8 days ago they still haven't and can't ship it so they are processing my refund back as of yesterday afternoon to my bank account through ACH and I placed my order 8 days ago.
Manipulating prices is coming to an end as around the world they are paying premium prices for Gold especially India - we can put on our stock market any price we want because we don't have it but this "NEW" Shanghai Gold Exchange will change forever the way gold and silver will be traded because they actually have "Physical" gold and will give it to you when you purchase it or will store for you because they have it, we don't, why do you think no one has seen inside of Fort Knox in decades. We have already defaulted on our silver we were to give back to China that they let us borrow, plus we couldn't give Germany's gold back.
"Anyone" who is in Gold or Silver needs to Watch this "WHOLE" Video, even if this person is wrong what would it hurt to keep an open mind, most everyone can agree the country can't sustain itself on it's current path regardless of anyone's politics but they have a difference of opinion in how to straighten it out, etf's and paper traded funds are hopes and dreams, I was in that nice run up in silver and gold and made nice profits and even though the price has came back down nothing has changed in our economy except we have added 4 "Trillion" more in debt, you need physical at some point > http://www.examiner.com/article/china-forming-plans-to-take-away-gold-market-and-price-discovery-power-from-u-s
I'm being open minded just in case, it's better to be safe than sorry.
Gold and Silver could both come down even further and 1 reason of that would be that the Shanghai Gold Exchange put members of Goldman Sachs on their board, lol, that's one of the firms that is manipulating prices over here. So anything is possible... but that "Day" will come... it has already when "Silver" was in the "High" 40's per ounce, why the drop, come on now most everyone can agree some statistics they put out are well, nevermind, Hope you Profit...
Interesting > http://www.examiner.com/article/china-forming-plans-to-take-away-gold-market-and-price-discovery-power-from-u-s
Now Look - Opened 11 days early > http://www.sge.sh/publish/sgeen/index.htm
Even more interesting > http://www.forbes.com/sites/kitconews/2014/09/18/comex-gold-stabilizes-on-short-covering-pares-loss-after-post-fomc-decline/
Hope investors grabbed some silver bullion the price may start that trend upward by december or mid january at latest, it should be leaving the 18's before too long...
I placed my Bet - I'll take Silver Bullion online Friday at $18.51 spot an ounce Alex - sorry I got caught up with the jeopardy thing.
Alibaba or my Silver Bullion purchase at $18.51 Friday online - I'll take my Silver right now.
Got those Call options for Dec. 13th
Nice slow movement today...
December 8th Calls look interesting possibly from this price point, Let's see if this can bounce off support first.
Post #44581 Like I said Volume = Dumped shares > http://www.otcbb.com/asp/Info_Center.asp
HowToBeatTheSystem Friday, 08/22/14 03:17:17 PM
Re: None
Post # of 45147
Needs Volume again, Volume = Dumped shares