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I think folks are trying to get their minds wrapped around the concept of this security. Most just don't know anything about the mining industry other than its UGLY!!!
Bids are moving up
The rest of the world owns gold and it will be re monetized into the world monetary system. The $USD will have to compete for the first time in 100 years without the "worthless relic"
He who owns the gold makes the rules
I don't believe they are criminals but I stand by previous comments re management. Extremely ambitious goals without the resources to compete in golds shark infested waters. Major producers are being squeezed into insolvency as they hunt for the right low cost miner just to stay alive
Do we really think these guys are going to swoop in and acquire a low cost and extremely valuable resource? Weed is a year or two away from where it needs to be imo
Until then they will check regulatory boxes so this security stays current with the sec. Translation: DEAD MONEY
Some believe the $USD gold/silver pricing mechanism is broken. Those that dont have faith in the dollar and chase $USDs
Unfortunately its a zero sum game and there will only be one winner
.03 lol
Because they are cowards trying to disarm Americans under some cloak and dagger of secrecy. A head to head fight against Putin or ISIS they tuck tail and run with Obama leading the charge
They need to go home and wet someone else's bed imo
The page doesn't exist
AMEN brother
Agreed the sheep don't stop to think why rates are rising. In the late 70s interest rates killed the gold run but the economy was in much much different shape back then. 16%+ rates could be absorbed because the debt was significantly less.
Today each qtr tick represents a half trillion $$$ just to service this insane debt.
The majority of contracts on the COMEX are typically rolled over or paid in cash as I understand it. The majority of the gold that's actually settled and delivered usually takes place in London and HK.
But I think you have to have an orphan annie decoder ring as well as the handshake to take delivery at the LBMA.
Been a while might wanna double check . BAA
It's a great outlet to collect worthless USDs? Flip em for productive assets or ones that retain value.
Last I saw it was leveraged 300:1
The global monetary system is collateralized with the debt instrument known as the $USD. The U.S. wont verify its sovereign bullion holdings with the world. Americans believe they own gold when their portfolio manager takes a position in GLD.
Meanwhile US GDP is measured and defined by the expansion of its credit markets? BAA
The economy is a globally connected stinky turd right now.
Thanks
Roger that
What's up DS yea they are still moving dirt in the Congo. Optics are a little messy and the pog is still putting baby in the corner but management is moving the ball forward with decent some guidance
BAA
It looks like it could bounce off support although I agree with previous posts that the depressed price of PMs should favor this security longer term.
"Buy Mortimer.. Buy"
FFMGF
It's political and journalistic cover so they can say "we were here first". Something dark and economically sinister comes this way...
Meanwhile Americans fight for worthless stacks of "High Society". BAA
There's pressure on the multi nationals due to the strong dollar and their divi's are starting crack. Yet the economy can't support the half $trillion ticks to service the debt.
What to do????
Silver is a by product and the the price of precious metals is forcing mines to shut down due to insolvency. The piper will be paid for this dislocation in price I just can't tell you when.
Thank you sir
Gold's pricing mechanism is broken and until the "fix" is in across the pond gold in $USD terms probably isn't gonna do much imo. Once the bait and switch is complete and the majority of the gold bullion is held under "rightful ownership" then I believe we will see it's true price discovery
Americans play yesterday's game I.e. $USD as their equity disappears.
I hear ya bud CONFIDENCE is definitely one word that comes to mind when I keep seeing this. It also makes me want to re-examine my accumulation goal as it looks a little anemic next to his
Did they send this positive news to all KBR employees? I know several people that work in upper management do you think they would have access to this news as well?
Or are you the only one in the know?
Yea man grab em that's a steal as long as they are legit
Nice job
This is where shareholders should assume the fetal position or just not waste anymore time on this nonsense. This is worse than failure imo it's just a waste of time
No bad questions here we all had to start somewhere. I wish more folks would take an interest and learn this stuff. America would be a far better country for it imo
Big houses should be safe imo but I check anyway just to sleep at night
Tap your bullion rounds together and make sure they go "cling cling" if you purchase anything from that site. There's some great buys to be had but there's also a lot fraud
I use the soveigrn's as a baromter specificly eagles and maples. Stipulating they do carry a significant premium most people don't understand anything else and tend to gravitate to these.
Yes more savvy investors will find a better price but most don't understand the basic fundementals of PMs to begin with.
Less than 1% Americans buy phyzzz. What would happen if 2% jumped on the bandwagon?
Like I said it was the last time I checked and that was a little more than a month ago on the APMEX site. Delivery times and premiums do vary but it was not the first time I have seen 30% premiums from that retailer
Do you think it will be available? Current spot price and demand for phyzz has created extended wait times for retail delivery.
30%+ premiums over spot and 1 month+ delivery last I checked
The only morons are those buying this ETF thinking there's any exposure to silver bullion. The smart ones are using this pile of garbage to convert worthless pieces of paper into an actual metal asset
Everything else is noise and those chasing the $USD are gonna get rolled
Agreed they only have one shot left and imo she's not ready to fire it. If she does well I guess it sends a clear message to the rest of the monetary world the U.S. can't afford its debt
"That article, and the zillions of others like it, is 100% nonsense. "
Thanks for the opinion but I'm gonna go with the "nonsense"
I agree maybe rogue algos seeking Judgement Day? Don't know I sure wish I did to be honest
COMEX gold delivery is currently leveraged 300:1; RMB added to the IMF basket of currencies; China Russia India and pretty much all of the Middle East are selling Petro Dollars to buy gold.
Just my wag anyway