ASE $2.49 over spot (POS @$15.55 as I post)
http://www.providentmetals.com/2015-...compare+silver
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ASE $2.49 over spot (POS @$15.55 as I post)
http://www.providentmetals.com/2015-...compare+silver
https://www.ar-15.co/threads/152180-...-never-handled
Walking liberty spot plus .60
(Min price $16.30) still a great deal for rounds if you're looking to buy generic now.Quote:
Originally Posted by Wulf202
If you want it, now is the time to buy it.
It's always time to buy.
I might just grab another roll of ASE. Dammit though I gotta work tomorrow morning in Brighton and would prefer to pick them up at the Tanner from the silver guys.
Interesting chart on China's Gross Domestic Product Growth per New Unit of Credit
http://blog.gavekalcapital.com/the-m...alancing-case/
FedGov/FedRes is doing the same thing here. Do you think we'll experience a different result?Quote:
Taking the Chinese GDP statistics at face value (an increasingly big assumption these days) we point out a rather ominous scenario which seems to be developing in the productivity dynamics of Chinese debt-financed growth. Basically the amount of growth that each new unit of credit produces is plunging to levels not seen since 2009-2010 when the Chinese unleashed the largest GDP adjusted stimulus program in the world. As it stands now, each new unit of debt is buying less than .5 units of marginal growth, and that, again, is taking for granted the accuracy of the GDP stats (chart 1). In reality the ratio is probably much lower than the current reading of .47.
Is this sustainable? Of course not. As we have been saying for several years now, Chinese growth is going much lower as the economy rebalances from being an investment led model to a consumption led model. One of the signs we’re looking for to indicate that the transition is taking place is actually a slowing of new loan growth and improvement in the indicator in chart 1. We’ve got exactly the opposite so far, which is an indication of the Chinese pushing on the debt string even more to fuel growth rather than accepting slower growth still, but a rebalanced economy. This, in a perverse way, probably increases the risk of the dreaded hard landing as the chances of a credit “event” rise even further.
I just noticed that they got the DOW almost back to 18K, busy, busy, busy pumping their fiat paper.
Good day for VIX: https://www.google.com/finance?q=IND...BoKziwLUrbmgDQQuote:
Originally Posted by roberth
Indeed, [Beer]Quote:
Originally Posted by HoneyBadger
VIX is up this morning after DOW fiat took a 250 point hit yesterday.
http://vixcentral.com/
Did anyone see the story about the painting that sold for $170M, when the economy is going south the wealthy look for alternative containers for their wealth, art is one of those containers, or maybe the buyer just wanted a nice piece.
https://www.dnainfo.com/new-york/201...isties-auction
http://qz.com/355074/as-goes-andy-wa...he-art-market/
Why companies buy back their own stock:Quote:
Although he died in 1987, Andy Warhol is as trendy as ever. As a matter of fact, the Pop Art pioneer set a new record for auctions by a single artist, with his work generating $569 million in sales last year, up from $367 million the year before.
http://www.investopedia.com/ask/answ...own-shares.asp
[QUOTE]Stock buybacks refer to the repurchasing of shares of stock by the company that issued them. Essentially, a buyback occurs is when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors.[QUOTE]
http://www.investopedia.com/articles/02/041702.asp
This points to what I interpret as an overvaluation of the stock markets.Quote:
2. Open Market -The second alternative a company has is to buy shares on the open market, just like an individual investor would, at the market price. It is important to note, however, that when a company announces a buyback it is usually perceived by the market as a positive thing, which often causes the share price to shoot up.
http://www.wsj.com/articles/beware-t...aze-1434727038
Quote:
Sometimes people do silly things with money, particularly if everyone else is doing it. There simply is no other way to explain the box-office success of “Avengers: Age of Ultron.” Companies aren’t any different. Currently, they are spending vast amounts of perfectly good capital to buy back their own shares. And now you can buy mutual funds that invest in the biggest players in the buyback craze.