Long Position on Silver and Gold?

[sroz]

Think I'll wait till it hits $7. Do any of you believe it will drop back to or near that level again?

[Blowby]

It went up when we went to the dark side....so just wait for the big purchase in 2016.

[Blowby]

Anyone looked into these, perfect for breaking off pieces if needed. Close to or near enough for bartering at smaller values.


http://bullion.nwtmint.com/silver_stagecoach.php

[Great-Kazoo]

Anyone looked into these, perfect for breaking off pieces if needed. Close to or near enough for bartering at smaller values.


http://bullion.nwtmint.com/silver_stagecoach.php

Interesting concept. However if it got to the point where PM's were needed i doubt small amounts would be the order of the day.

[roberth]

Anyone looked into these, perfect for breaking off pieces if needed. Close to or near enough for bartering at smaller values.


http://bullion.nwtmint.com/silver_stagecoach.php

Neat, we could use those in addition to pre-1964 dimes and quarters for smaller purchases.

[rbeau30]

Neat, we could use those in addition to pre-1964 dimes and quarters for smaller purchases.

I keep a good stock of that pre 64 stuff in my stack. I really only been into ASEs and Gold Eagles recently.

[Blowby]

Interesting concept. However if it got to the point where PM's were needed i doubt small amounts would be the order of the day.

If we got to the point where we need PM to trade then the value of PM will increase so 1/4 oz might be of interest.

[sellersm]

John Embry says that silver is one of the greatest opportunities available today: http://kingworldnews.com/kingworldne...d_History.html

But because the paper manipulation is beyond remarkable, silver remains as undervalued an asset as I have ever seen. As an example, in the last 135 trading days the silver price has declined in the thinly traded access market 130 times at the open. So to be clear, in the early hours of the east coast of the United States silver has declined at the opening of trading 130 out of the last 135 trading days. That is preposterous. And some of these declines have been precipitous.

This is purely manipulation by high-frequency and algorithm programs and it sets the tone for each trading day and permits the powers that be to keep the pressure on the price. This is all part of how they attempt to keep the public away from gold and silver. But gold and silver are the only real money and it remains the arch enemy of the failing fiat currency system. So the central bankers are in overdrive here trying to discredit gold and silver.



Sadly the Western governments and central banks have failed their citizens and are now trying one last time to keep things afloat. Unfortunately they are going to fail, and all investors can do as that day of failure rapidly approaches is to own physical gold and silver in order to protect themselves. This is the most dangerous time in world history, both economically and financially -- strictly on the leverage in the financial system -- and the sad truth is that I don’t even think we are going to recognize the world when this is over.”

[Aloha_Shooter]

So are we going back to Pieces of Eight?

[Blowby]

So are we going back to Pieces of Eight?

In Gold? I'll take one.