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Youll be holding the physical bag.
Silver Institute predicts strengthening silver investment demand this year
March 9, 2012 - 6:40am
The Silver Institute says,
So if it did go to 10k an OZ and the ratio was 50-1 silver would be @ $200 OZ
I would just wonder around laughing all the time @ $200 an OZ
Cheers Buds \_/ and nice link!
Other views where we might be headed, silver always follows gold
http://www.munknee.com/2012/02/gold-3000-5000-10000-these-151-analysts-think-so/
GLTA
Bob
8 million silver eagles sold? That's AMAZING! Keep posting good news about silver!!!!!!!!!!!!!
http://news.goldseek.com/GoldenJackass/1331326800.php
Thanks , truth be told at the link you posted
February Silver Demand Awful, March Bad Too
100% Fact
January 6.1 million ounces
February crashed to 1.4 million ounces
March a pathetic 700k ounces
See the source data for yourself, direct from the US Mint
http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2012
That my friend is a great article! Cheers \_/
Soldier Silver Dollar Defenders of Freedom Sets
Selling Out,very popular mintage
Just The Opposite Of What Your Duplications Say Extreme:Here Ya Go Some True Figures:
http://www.coinnews.net/2012/03/07/us-mint-sales-demand-jumps-for-bullion-coins-infantry-commemorative-products/#LatestUSMintSales
SILVER SETS RECORD DEMAND AGAIN, your continued false posts in duplicate and triplicate are not doing much for believe, when the Truth is Demands Up. Even At the bottom of the Link you been posting shows Merits Feb Sales 19% better than Jan.
Now March Real Numbers are going way up on Silver Sales , first week, US mint Sales Work out to a whooping, 5-600 Million OZ Silver per Annual rate of sales.
Sales of Coins alone are beating the annual world production rates, look how long it took for the last Sprott Deliver.
Now Add on wandering how many Silver Bars Sold.
2020 no more silver but it could happen much sooner, in one week if every one in the world bought just only .14 of one ounce, it's gone.
www.coinnews.net/2012/03/07/us-mint-sales-demand-jumps-for-bullion-coins-infantry-commemorative-products/#LatestUSMintSales
FIRST WEEK OF MARCH:::::::
US Mint Sales: Bullion Coins
Demand also increased for bullion coins during the first six days of the month. In the most notable categories:
March sales of American Buffalo Gold bullion coins are at 7,000, matching the entire February total
One ounce American Eagle Gold bullion coins have already reached 8,500 this month which is 43% of last month’s total
American Silver Eagle bullion coins have marked seven-straight daily gains with sales this month near 700,000, or 47% of last month’s total
The following table offers the latest sales figures for U.S. Mint bullion products:
Prior Increase Latest Increase Sales Totals*
American Buffalo Gold 1 oz 3,500 7,000 27,500
American Eagle Gold 1 oz 8,500 9,500 113,000
American Eagle Gold 1/2 oz 0 0 49,000
American Eagle Gold 1/4 oz 0 0 40,000
American Eagle Gold 1/10 oz 5,000 0 90,000
Silver American Eagles 210,000 725,000 8,292,000
Gettysburg 5 oz Silver Coin Sold Out 126,700
Glacier 5 oz Silver Coin Sold Out 126,700
Olympic 5 oz Silver Coin 0 0 84,600
Vicksburg 5 oz Silver Coin 0 0 37,300
Chickasaw 5 oz Silver Coin 300 0 28,400
*The as of date for US Mint sales of 1-ounce and under bullion coins is Tuesday, March 6, 2012. These totals are for this year alone. (Check the US coin price guide for always
Worst-Ever Crash in Silver Demand
Demand for silver is plummeting
http://esilverprices.net/us-mint-sales-of-silver-american-eagle-coins-fall-76-to-1-49-million-troy-ounces/
Silver Downtrend Continues
The bubble continues to deflate
http://i1216.photobucket.com/albums/dd369/extrareal/SilverDowntrend-12.jpg
i hold no paper in the metals market. but that's not to say i don't trade it.
for more physical of course
Congrats, you called a $1 move. Yay for you buddy. Keep holding that bag.
This might help Bob?
Greek Default? GoldSilver.com Weekly News With Christian Garcia
thanks for the reply
Have a Great Weekend
Bob
Greek swap will trigger insurance payments
The International Swaps and Derivatives Association (ISDA) has ruled that the Greek bond swap constitutes a default.
I want to know the same thing! And as fare as Europe I believe that there already toast and world news just isn’t telling us the real truth about it, Greece is like a zombie bank IMO there a zombie country! And that my friend is scary sh!t right there IMO
Cheers Buds \_/
lOOKING for some thoughts on what would happen
if or when the European bailout defaults (IMO)
do you think we would have another opportunity to get
some more cheap silver
Have a Great Weekend Everyone
Bob
Where’s the Fricken like button? Ihub needs a like button! Lol…
you cant afford me dude
Here ya go StockSkiper
is this pumping ?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73073236
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73014121
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72976153
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72905106
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72864395
Just checking. Contractor eh? In that case, maybe I'll hire to him build a house instead of giving me TA advice =P
lol, Mod's. could you please sticky post #12005
Hay be nice! Bert’s a contractor and not a dealer as your implying and IMO a good guy.
And if grasshoppers had AK 47s the world would be a much more dangerous place. LOL
Then take profits you clown. Remember last year when you all were screaming $50, $100, $200? lol
Lol don't tell people that, they might commit suicide knowing their sold off their children to buy physical.
Until the price is allowed to adjust for inflation the argument is moot
The Silver Institute reported silver-based exchange-traded-funds account for 586 million ounces of silver investment, up from 576 million ounces at the end of 2011.
Demand for physical silver bars is also strong. According to several precious metals dealers, silver bar sales continue to be brisk.
Moreover, investor demand on the Commodity Mercantile Exchange (a division of the CME Group) has been strong this year, the institute reported. As of Feb. 28, net long silver positions, which are the difference between total long positions and total short positions, had increased two-fold from end-2011.
If investors are net long, they are bullish on prices and expect further price strength, the Silver Institute stated. Total net long positions on Feb. 28 were at their highest level since Sept. 13, 2011.
The institute reported the strengthening global silver industrial demand also will be strong after a record 2011.
According to “The Future of Silver Industrial Demand,” a report commissioned by the Silver Institute and released last March, silver industrial demand was forecast to grow by 36 percent to 666 million ounces from 2010 through 2015.
Silver industrial demand remains positive primarily because of the lack of substitution and the wide range of established and ever-growing new uses of silver that are vital to industry, according to the Silver Institute, a nonprofit international industry association based in Washington.
Read more: http://elkodaily.com/mining/silver-demand-up-so-far-this-year/article_9a3d1526-6a0e-11e1-b4f8-0019bb2963f4.html#ixzz1oejrVmGd
This is what I was afraid of
http://www.zerohedge.com/news/isda-finds-greek-credit-event-has-occurred-reports-bloomberg
Watch out next week!
If every American would buy 3 oz of silver at one time it would wipe out all the available silver in the world.
Tiny Percentage of Population Creates Bubbles
All it takes to create a bubble is to have a smallish percentage of the population buy a lot MORE of something than they normally would.
If just 2% of the population right now, bought 5 homes each, we'd have another (temporary) real estate bubble.
If just 2% of the population right now bought an extra 500 gallons of gasoline right now, we'd have extreme shortages and a huge temporary bubble in price.
In the case of silver, it only takes a tiny percentage of the population buying MUCH more silver than they need for consumption to create a temporary bubble.
The problem for investors is that BUBBLES NEVER LAST. When the bubble tops out, then folks dump all their hoards and that causes a price crash.
http://i1216.photobucket.com/albums/dd369/extrareal/SilverTrendandOutlook.jpg
Oh come on a guy can dream right? lol...
And yes someone did call it! I had a feeling myself but your the man this time.
Cheers Buds \_/
Amazing when a bull become a bear only to try and justify their decision by excessively arguing the negative.
Or
You are now short. If that being the case you will not win over many hearts and minds on this board senior. That I am pretty sure of. Maybe better to convince your neighbors to sell any metals they may or may not have.
Remember its only a bubble when EVERYONE is buying.
I don't think it happens. The 10ma is going to cross under the 20 .
Did somebody call that bounce ? lol
Silver Bubble Continues to Deflate (like real estate)
Bubbles never last. Real estate didn't drop to zero and silver won't drop to zero, but silver will almost certainly fall below the long-term trend line for a while... Likely to a low in the lower $teens.
http://i1216.photobucket.com/albums/dd369/extrareal/SilverTrendandOutlook.jpg
Silver Downtrend Continues
The silver bubble continues to deflate
http://i1216.photobucket.com/albums/dd369/extrareal/SilverDowntrend-12.jpg
Good morning Mr. Bert
Starting to look like someone is loosing control of this downward pressure IMO now if we can break that 20 day MA
What are your thoughts on breaking to the upside back into that $37 range?
Cheers Buds \_/ and Happy Friday
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