Silver madness!

[Dianne]

Cheapest silver prices online from what I've seen: http://www.amagimetals.com/. Even cheaper than what I can get at my local dealer, tho I am paying for privacy.

lol at the one ounce End The Fed coin.

 

[Dianne]

Here's the same thing for $116.70,with a credit card,brilliant uncirculated,free shipping.

http://www.jmbullion.com/2013-austr...ium=banner&utm_campaign=Compare Silver Prices

I have dealt with these folks 4 or 5 times,twice within the last month,and never had a problem.

Shoot, I was going to order a roll, but they are out of stock. The Silver Eagles are $24. something. Thanks for posting though. I may check with them again tomorrow.

 

[Dogsoldier]

Local shops I've been to are outrageous.

 

[mad cow]

Cheapest silver prices online from what I've seen: http://www.amagimetals.com/. Even cheaper than what I can get at my local dealer, tho I am paying for privacy.

American Silver Eagles are listed for only $2.75 this week only! It's the last week of specials to celebrate our 4th-Year Anniversary and I'd have to say that we definitely saved the best for last. As one of our best sellers, the American Silver Eagle is a beautiful 1 ozt round, so take advantage of this discount this week.

[Our apologies for the confusion, but the 2013 American Silver Eagles are $2.75 over spot. We wish we could offer them for $2.75 alone - we can all keep dreaming! Hope we didn't throw anyone's day off too much! Enjoy the special and happy stacking!]

Order your 2013 American Silver Eagles today!

Stay free and keep stacking,
The Amagi Metals Crew
AmagiMetals.com

From two emails I received from Amagi Metals about an hour apart today.LOL!

They are another good company to deal with,I also bought from them in the last month,I just thought that was funny as hell.

 

[oyarde]

Today , I picked up 5 copper Spanish Marevedis cob coins . Slow day , little Pirate treasure for the Grandkids

 

[pmbug]

US Mint sales of Silver Eagles hits all time high for February:

http://srsroccoreport.com/u-s-mint-...te-silver-eagles-nearly-sell-out-in-two-days/

 

[oyarde]

Today , picked up three 90 % silver dimes , six 80 % silver dimes , three 80 % silver quarters for $ 19.79 and six D & S 1930's Buffalo nickels and a nickel tube for another $1.85. Not bad , gifts for the Grandchildren .

 

[Carson]

I keep tripping out on the real rate of inflation and its correlation on the value of a silver dollar. Here is one slant on it.

The DOW at 16,321.71 / 500 ='s 32.6

If a silver dollar that had .77 ounces of silver in it, pre 64, was worth a buck back then.

I'm thinking the price of silver should be 32.6 plus 23%.

Or $40.09 an ounce now.

 

[mad cow]

I keep tripping out on the real rate of inflation and its correlation on the value of a silver dollar. Here is one slant on it.

The DOW at 16,321.71 / 500 ='s 32.6

If a silver dollar that had .77 ounces of silver in it, pre 64, was worth a buck back then.

I'm thinking the price of silver should be 32.6 plus 23%.

Or $40.09 an ounce now.

How did you come up with divided by 500?

 

[2young2vote]

US Mint sales of Silver Eagles hits all time high for February:

http://srsroccoreport.com/u-s-mint-...te-silver-eagles-nearly-sell-out-in-two-days/

Do you think the silver market can become, or is, over-saturated? I see millions and millions of ounces of silver being sold and huge talk shows constantly talking about silver which sells it to the masses as well as an abundance of "We Buy Gold" style stores popping up all over the place.

This reminds me of my dads coin collection. He saved several bicentennial quarters thinking it would be a great way to make a buck in the future. I mean, who wouldn't want a coin minted specifically to celebrate the 200th anniversary of the USA? Unfortunately, he later found out that millions of other Americans had the same plan. I understand that silver has a value beyond just what shape it is, but has the huge push in PMs into the mainstream created an artificial bubble which will die off when the hype dies down? Or did we already see that bubble when the price was nearing $40?

What do you think?

 

[oyarde]

Do you think the silver market can become, or is, over-saturated? I see millions and millions of ounces of silver being sold and huge talk shows constantly talking about silver which sells it to the masses as well as an abundance of "We Buy Gold" style stores popping up all over the place.

This reminds me of my dads coin collection. He saved several bicentennial quarters thinking it would be a great way to make a buck in the future. I mean, who wouldn't want a coin minted specifically to celebrate the 200th anniversary of the USA? Unfortunately, he later found out that millions of other Americans had the same plan. I understand that silver has a value beyond just what shape it is, but has the huge push in PMs into the mainstream created an artificial bubble which will die off when the hype dies down? Or did we already see that bubble when the price was nearing $40?

What do you think?

I doubt it , silver has important industrial usage , gold is a way for the wealthy to preserve some wealth in uncertain ( fiat currencies , bubbles etc ) times, copper has important utilitarian purposes .

 

[mad cow]

Do you think the silver market can become, or is, over-saturated? I see millions and millions of ounces of silver being sold and huge talk shows constantly talking about silver which sells it to the masses as well as an abundance of "We Buy Gold" style stores popping up all over the place.

This reminds me of my dads coin collection. He saved several bicentennial quarters thinking it would be a great way to make a buck in the future. I mean, who wouldn't want a coin minted specifically to celebrate the 200th anniversary of the USA? Unfortunately, he later found out that millions of other Americans had the same plan. I understand that silver has a value beyond just what shape it is, but has the huge push in PMs into the mainstream created an artificial bubble which will die off when the hype dies down? Or did we already see that bubble when the price was nearing $40?

What do you think?

Both silver and gold are worth less than they were a year ago in FRN's,neither one is near their historic highs.They are not in a bubble.
There is no guarantee what the price of either one will be next month or next year but historically,they have been good hedges against inflation and there is no doubt that the FRN is inflating at the moment.

 

[Carson]

How did you come up with divided by 500?

With this chart.

Notice the baseline is about 500. The DOW peaks in this chart about 13,000

Also notice the baseline on this chart showing the devaluation of the dollar. It is at about $5.00. It peaks at about $130.00 It rises in the same proportion to the DOW.

All this time we've been thinking the DOW going up is a good thing it has just been adjusting itself to account for inflation. I'm thinking it has to to survive.

If you double the money supply sure you get twice as many, but it is twice as many of something worth half as much.

Then to top it off the very people that engineered the ability to inflate have something called capital gains taxes and they are taxes on the illusion of a gain.

One second your keeping up with inflation. The next someones helping themselves to a third of your stuff.

 

[Carson]

Do you think the silver market can become, or is, over-saturated? I see millions and millions of ounces of silver being sold and huge talk shows constantly talking about silver which sells it to the masses as well as an abundance of "We Buy Gold" style stores popping up all over the place.

This reminds me of my dads coin collection. He saved several bicentennial quarters thinking it would be a great way to make a buck in the future. I mean, who wouldn't want a coin minted specifically to celebrate the 200th anniversary of the USA? Unfortunately, he later found out that millions of other Americans had the same plan. I understand that silver has a value beyond just what shape it is, but has the huge push in PMs into the mainstream created an artificial bubble which will die off when the hype dies down? Or did we already see that bubble when the price was nearing $40?

What do you think?

I think a lot more silver was in circulation when I was a kid and more prevalent.

It was in everyone's pockets.

Parents would come back from Las Vegas and throw hoards of silver dollars down on the dining room table.

It was real money back them. Everyone had real money. Happy in our little, real $13,000 dollar houses. Happy with our cartwheels.

Same $13,000 houses now going for $650,000 and no real money to be found in most of them.

I don't think we are over-saturated, if I get your drift and you get mine.

I think we are more along the line of squeezed dry as a bone from decades of run-a-way inflation.

 

[DFF]

Silver up by over 1% so far in afterhours...gold even better, up by 1.6%.

 

[oyarde]

Silver up by over 1% so far in afterhours...gold even better, up by 1.6%.

I see that , $1343.70, $21.45.

 

[devil21]

I see that , $1343.70, $21.45.

Dollar tanking, oil shooting up, dow futures hammered. Gonna be an interesting monday, at least until the PPT jumps in.

 

[oyarde]

Dollar tanking, oil shooting up, dow futures hammered. Gonna be an interesting monday, at least until the PPT jumps in.

Yeah this oil is almost disturbing this early in the yr . On top of that , I can only imagine what kind of bills people had this winter North of me that heated with propane or heating oil, look at diesel prices......

 

[DFF]

Dollar tanking, oil shooting up, dow futures hammered. Gonna be an interesting monday, at least until the PPT jumps in.

If reality has any bearing on tomorrow, then the S&P will drop like a stone and gold will explode to the upside.

However, as you alluded to, our markets are being managed to such a degree that they're completely disconnected from real world events.

I think Russia could declare their intentions to nuke the US and the S&P would still end up positive. That's how ridiculous things are.

 

[devil21]

If reality has any bearing on tomorrow, then the S&P will drop like a stone and gold will explode to the upside.

However, as you alluded to, our markets are being managed to such a degree that they're completely disconnected from real world events.

I think Russia could declare their intentions to nuke the US and the S&P would still end up positive. That's how ridiculous things are.

That's the Krugman doctrine. If the US gets nuked think of all the stuff we'll have to rebuild! Think of all the people racking up medical debt from radiation poisoning! It's an economic windfall!