Yah, ya notice that huh. Dealers are trying to recoup their loss by raising the premium...funny how they don't do that when it goes the other way, not that I blame them.
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I am pretty heavy in oil and natural gas. This past month has been rough... :(
Gold is over 1300 and silver well over 18 on the World Spot as I type this. WTI is around 46 and Brent is around 48 too. USD appears to be losing a bit this morning.
Well I finally got into this silver buying. Got in at the $16 range.
Again, this thread has been very helpful.
Lots of volatility this month in the markets....wonder if we're seeing a precursor to something bigger.
I need to get back on track with PM's. Been focused on steel and lead more lately, which isn't bad, but need to balance.
At $16 I am not too worried about the ups and downs. I have not seen anything below $15
PM's seem to be too unpredictable, they follow the market up and down. That makes me think in a huge market crash metals could drop as well. It may be better to have green backs in hand to buy when or if the market crashes. The dollar appears to be pretty strong right now. Not sure what to do, get more PM's or stand pat
Watch out for any cheap deals on gold and silver :)
$4M in Gold and silver stolen
http://www.ijreview.com/2015/03/2620...campaign=Crime
Japan Now Spends 43% Of Tax Revenue To Fund Interest On Debt
http://www.zerohedge.com/news/2015-0...omment-5859092
This is where we're heading...plan accordingly.