Frank Hovis Posted January 9, 2013 Share Posted January 9, 2013 but someone on here said silver is massively underpriced and heading for 500 dollars an oz They're not making any more silver, quickly exchange your worthless fiat paper currency for as much silver as you can get your hands on at any price. Quote Link to comment Share on other sites More sharing options...
Wurzel Of Highbridge Posted January 9, 2013 Share Posted January 9, 2013 I think one of the most interesting things about this is the time frame of the bubble. Most bubble cycles I have seen take years to complete rather than two years. Another thing is that prices are still double that of Jan 10', so you ahve to ask yourself was Silver seriously undervalued back then? Thanks to central planning it is difficult to value anything these days. Quote Link to comment Share on other sites More sharing options...
MrBlonde Posted January 9, 2013 Share Posted January 9, 2013 I agree. It is difficult to value things these days. Quote Link to comment Share on other sites More sharing options...
Asheron Posted January 9, 2013 Author Share Posted January 9, 2013 (edited) UK Bonds are in a bubble and about to Pop. Silver at $30 in a bubble? LOL If they continue to print money silver could be $3000 oz Gold & Silver hold value It depends how much they devalue the Pound. Edited January 9, 2013 by Asheron Quote Link to comment Share on other sites More sharing options...
Quiet Guy Posted January 9, 2013 Share Posted January 9, 2013 Sorry, still figuring out thie site. Having trouble getting pictures in? I use Tinypic: http://tinypic.com/ When you upload a picture file, Tinypic will give you the HTML code to embed the picture in standard HTML for a website or "IMG Code for Forums & Message Boards" which works with this forum. Quote Link to comment Share on other sites More sharing options...
Quiet Guy Posted January 9, 2013 Share Posted January 9, 2013 Your opinions? Dunno. The chart does seem to have some of the bubble characteristics so maybe but if it is a bubble then it's a sort of mini bubble - not one that went viral into the whole investment community like internet stocks and property. Quote Link to comment Share on other sites More sharing options...
Asheron Posted January 10, 2013 Author Share Posted January 10, 2013 Silver gains popularity among investors amid economy fears 09 January 2013 Last updated at 03:58 GMT Worries about the challenge of reviving the sluggish US economy and dealing with the Eurozone debt crisis have prompted nervous investors to find safe havens to put their money. http://m.bbc.co.uk/news/business-20954417 Quote Link to comment Share on other sites More sharing options...
Stainless Sam Posted January 10, 2013 Share Posted January 10, 2013 (edited) Usual fortnightly PMs ramping thread. At least it isn't as wordy as the recent attempts have been. I didn't think you'd mention gold falling off a cliff recently. Move on folks, nothing to see here. Edited January 10, 2013 by Stainless Sam Quote Link to comment Share on other sites More sharing options...
Asheron Posted January 10, 2013 Author Share Posted January 10, 2013 Regular readers are familiar with our monthly series showing the inexorable surge in Chinese gold imports. It is time for the November update, and it's a doozy: at 90.8 tons, this was the second highest gross import number of 2012, double the 47 tons imported in October (which many saw, incorrectly, as an indication of China's waning interest in the yellow metal), and brings the Year to Date total to a massive 720 tons of gold through November. If last year is any indication, the December total will be roughly the same amount, and will bring the total 2012 import amount to over 800 tons, double the 392.6 tons imported in 2011. Indicatively, should the full year total import number indeed print in the 800 tons range, it will mean that in one year China, whose official reserve holdings are still a negligible 1054 (and realistically at least double, if not triple, this number), will have imported more gold than the official holdings of Japan, last pegged at 765.2 tons (and well more than the ECB's 502.1 tons). http://www.zerohedge.com/news/2013-01-10/chart-day-chinese-november-gold-imports-soar-91-tons-2012-total-720-tons Quote Link to comment Share on other sites More sharing options...
Old Nis Posted January 12, 2013 Share Posted January 12, 2013 Asheron, I know some people are commenting disparagingly about your posts, but I for one am grateful for your trawling the internet for this info. I am glad it has been "pinned" as a sort of news ticker. Thanks. Quote Link to comment Share on other sites More sharing options...
Quiet Guy Posted January 17, 2013 Share Posted January 17, 2013 Telegraph columnist Ambrose Evans-Pritchard writes: "A new Gold Standard is being born. The world is moving step by step towards a de facto Gold Standard, without any meetings of G20 leaders to announce the idea or bless the project. Some readers will already have seen the GFMS Gold Survey for 2012 which reported that central banks around the world bought more bullion last year in terms of tonnage than at any time in almost half a century. They added a net 536 tonnes in 2012 as they diversified fresh reserves away from the four fiat suspects: dollar, euro, sterling, and yen. The Washington Accord, where Britain, Spain, Holland, South Africa, Switzerland, and others sold a chunk of their gold each year, already seems another era – the Gordon Brown era, you might call it. That was the illusionary period when investors thought the euro would take its place as the twin pillar of a new G2 condominium alongside the dollar. That hope has faded. Central bank holdings of euro bonds have fallen back to 26pc, where they were almost a decade ago." Personally speaking, I am a little sceptical of this interpretation but there seems to be no denying that gold is getting more in the news right now. http://blogs.telegra...-is-being-born/ Quote Link to comment Share on other sites More sharing options...
Old Nis Posted January 19, 2013 Share Posted January 19, 2013 I think every person would agree that politicians NEVER tell the unvarnished, full truth. Therefore, as always, we must judge them by what they do, not by what they say. Each Central Bank is moving towards a partial backing of their currency with Gold. Whether this is with a view to taking over as a (the?) new world reserve currency, as the Chinese seem to be doing, or if this is to protect their Central Bank holdings from fading into oblivion with their currencies, as the majority of Western democracies seem to be doing, the bottom line is that they are protecting themselves while denying the opportunity for their citizens to do the same. I believe that all news sites (not MSM - they are utterly worthless, as they have clearly been told not to frighten the horses) are pointing to three aims for Central Banks:- (1) To kick the can down the road, repeatedly, until some form of Black Swan Event overcomes their ability to do so. (2) To accumulate Gold while their fiat currency is "worth" something, against the day when that will be all they have. It was an act of supreme treason against the people of this country to leave a note on the Treasury desk saying "Sorry, there's no money left". In former times, when justice was more swift and befitting the crime, to laugh about it saying it was a joke, would have been punished by sending the knights round with a red-hot poker immediately. I wish Her Majesty still retained that power. (3) To prepare, without telling the people of this country, for an event which will be used to attempt to drive political and economic union as far down the road as possible when the Event comes, and to impose it by force, if they can. The American version of this will be the activation of the Patriot Act to its' fullest extent. EU citizens should be aware that the Lisbon Treaty allows the unelected EU Commission to bring back the death penalty for all countries within the EU, in the event of any turbulence from its' peoples. The Lisbon Treaty does not limit the offences for which the death penalty would apply. The Chinese have seen this, and they are no fools. They are using these last few months (years?) to accumulate Gold as fast as possible while their dollar reserves are worth something. At least the Chinese, for all their autocratic ways, have been encouraging their people to do the same, in order to bring as much metal within their borders as possible. I would encourage all of you to do the same, to the extent that your funds allow. Quote Link to comment Share on other sites More sharing options...
weaker Posted October 23, 2014 Share Posted October 23, 2014 mwhahaha..... Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted October 24, 2014 Share Posted October 24, 2014 (edited) mwhahaha......... This has nothing to do with gold. It should be a thread in the pm section, or a post in the silver thread. ..._ Edit. Well thank you mods. Quite how an element that the world was running out of, is in such a predicament, is a subject that the silver loons have not returned to. If Neumeyer is so perturbed by paper silver, then how the hell is a silver producers strike going to get the price up. Shouldn't we have run out of silver by now???? Andrew Maguire, and the other usual suspects, had predicted that the LBMA, COMEX, Uncle Tom Cobbley and all, would default on deliveries. Instead, you can fill your boots as cheap as chips with the stuff. ..._ Edited October 25, 2014 by DiggerUK Quote Link to comment Share on other sites More sharing options...
Errol Posted November 1, 2014 Share Posted November 1, 2014 Good to see lots of people taking advantage of this sale! October Silver Eagle Sales Set A Monthly Record 1.4 million silver eagles were bought by investors in the last two days of October, setting a new one-month sales record http://investmentresearchdynamics.com/october-silver-eagle-sales-set-a-monthly-record/ Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted November 1, 2014 Share Posted November 1, 2014 Good ...... Nothing to do with this thread. Post in silver thread in pm forum. ..._ Quote Link to comment Share on other sites More sharing options...
Errol Posted November 6, 2014 Share Posted November 6, 2014 U.S. Mint Is Sold Out Of Silver Eagles Also, in western Canada, dealers are sold out of maple leafs and customers are being put on a waiting list http://investmentresearchdynamics.com/u-s-mint-is-sold-out-of-silver-eagles/ Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted November 6, 2014 Share Posted November 6, 2014 U.S. Mint Is Sold Out Of Silver Eagles Also, in western Canada, dealers are sold out of maple leafs and customers are being put on a waiting list http://investmentresearchdynamics.com/u-s-mint-is-sold-out-of-silver-eagles/ It is just a production run issue - usually happens around this time of the year apparently. Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted November 7, 2014 Share Posted November 7, 2014 IBA Named Third-Party Administrator For LBMA Gold Price Mechanism http://www.kitco.com/news/2014-11-07/IBA-Named-Third-Party-Administrator-For-LBMA-Gold-Price-Mechanism.html ..._ Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted October 12, 2015 Share Posted October 12, 2015 (edited) German Gold............were did all that come from? http://www.bloomberg.com/news/articles/2015-10-07/bundesbank-to-doubters-here-is-our-gold-every-single-bit-of-it- Is it permitted for Digger to remind you that he said the rumours were a load of tosh.....maybe not..._ Edited October 12, 2015 by DiggerUK Quote Link to comment Share on other sites More sharing options...
GinAndPlatonic Posted June 9, 2016 Share Posted June 9, 2016 The story is a tad over hyped but its an interesting one if true...mad hatter style. http://home.bt.com/lifestyle/money/money-tips/mans-fear-of-economic-meltdown-makes-him-bury-stash-of-gold-11364066909582 Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted June 12, 2016 Share Posted June 12, 2016 I nearly posted this story after I saw it in the Daily Mail. As it seems to have been sourced from a gold supplier, I doubt its validity. How do you confirm from the source that the dealers version is true? All the same, it makes a change from encouraging punters to buy because the imminent collapse of the "manipulators" scheming will send prices to the other side of the universe..._ Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted July 1, 2016 Share Posted July 1, 2016 More to come from LBMA. But for now this is what we have..._ http://www.reuters.com/article/us-lbma-gold-board-idUSKCN0ZG1LQ Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted August 3, 2016 Share Posted August 3, 2016 LBMA Alchemist issue 82 is available..._ http://www.lbma.org.uk/_blog/lbma_media_centre/post/alchemist-82/ Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted August 11, 2016 Share Posted August 11, 2016 (edited) Just got time to post before work. World Gold Council Q2 report. Haven't had time to study, seems a mixed bag regards demand..._ http://www.gold.org/download/file/5107/GDT_Q2_2016.pdf Edited August 11, 2016 by DiggerUK Quote Link to comment Share on other sites More sharing options...
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