Buy Silver & Gold Right NOW!

[gwangsun]

Would buying junk silver which is 90% pure silver and 10% copper, be a good investment if the currency does change to the Amero? The coins are not silver eagles, but US nickles, dimes, and quarters that where minted in 1964 and earlier. Would these be good to buy in bulk?

I also found a place that sells industrial silver in the form of bb sized grain. Its .999 pure silver grain. Would purchasing silver in this or any other form be wise?

[silverman]

Originally Posted by gwangsun

Would buying junk silver which is 90% pure silver and 10% copper, be a good investment if the currency does change to the Amero? The coins are not silver eagles, but US nickles, dimes, and quarters that where minted in 1964 and earlier. Would these be good to buy in bulk?

I also found a place that sells industrial silver in the form of bb sized grain. Its .999 pure silver grain. Would purchasing silver in this or any other form be wise?

YES, you can buy both! I would prefer grains! Because even though any government forbids the possession of physical Silver one day (which might be the case at least in the US - since this will be declared to be a terroristic act) you always can sell silver grain to the industry using silver or to a mint that continues to exist and mint silver.....

What are the quantities of silver grain you could purchase. I might be interested! Thanks for your feedback.

Greetings, silverman

[Humble Janitor]

Originally Posted by feeler

Good for you. I lost my white gold wedding ring. I almost dived into the outside garbage can looking for it.

One good coin dealer I can recommend is Don Stott. He's one heck of a character. This guy got good-old-fashion values.

http://www.coloradogold.com/

I've been reading his columns for years. This guy is a hard core conservative. Though I cannot guarantee your satisfaction, I trust his personal integrity. EXCERPT:

As we watch the elections come up in a very few days, I wonder just how many millions of the stupid, thoughtless, homeless, slum dwelling, welfare receiving, will be voting for Obama the Muslim? Trash, voting for Obama, who isn't even legally qualified to be President, according to the Constitution. Semi-literate, mentally deficient, voting for a mulatto disaster, who has the most liberal voting record in his brief tenure as a Senator. It is frightening to contemplate. Wouldn't it be nice for voting to be limited to the literate, educated, home owning, job holding citizens, who thought that voting was a privilege, not a duty? Who thought and read and investigated the candidates, rather than just voting for a party 100%? Wouldn't it be nice if Ron Paul were to be our next President?

I wouldn't buy from him.

Regardless, is it true that banks sell gold and silver? Thinking about checking out my bank.

[Humble Janitor]

Also, which US coins contain junk silver? My mind must have been on alert because I started saving a jar full of coins recently. I'm willing to bet that there's some older coins in there that could be used.

[carcharodon]

Gold or silver, that is the question. Besides some brokers whose professional marketing newest bestest idea is to spread panic through internet and hence boost their business, one must wonder how much would coins help in an economic collapse nowadays... There are too many people out there who won't be amused by the loss of a lifestyle when things go wrong. The only barter that will work will be the bigger fish eats the smaller one. A school of fish may offer some protection (ground crew).

[Swanny]

Originally Posted by silverman

YES, you can buy both! I would prefer grains! Because even though any government forbids the possession of physical Silver one day (which might be the case at least in the US - since this will be declared to be a terroristic act) you always can sell silver grain to the industry using silver or to a mint that continues to exist and mint silver.....

What are the quantities of silver grain you could purchase. I might be interested! Thanks for your feedback.

Greetings, silverman

Why would owning silver be a terroristic act???
Running down the road with Grannies old silver spoon in your hand isn't going to scare anyone

[silverman]

Originally Posted by Swanny

Why would owning silver be a terroristic act???
Running down the road with Grannies old silver spoon in your hand isn't going to scare anyone

Owning silver a terroristic act was a joke....this is just because whenever one has to do with US, travel to US, travel to UK etc. he is treated like a terrorist: like finger prints, one can not buy a flight ticket for somebody else like this.....

Even US presidential candidates try to find links to terrorists....

Again I just made a joke out of it. BUT remember to own Gold has been fordidden in the US and Germany last century. During WWII owning gold has been forbidden under penalty of death....

And when i read about blue, red and yellow lists some US citizens names are on and if your name is on the list with "wrong" colour you will be killed immediately......make your own mind, whats next!

Greetings, silverman

[Myplanet2]

Here's something interesting from Jim Sinclair's website yesterday (wed 10-15) jsmineset.

He seems to think silver will not perform as well as gold.




Upcoming events:

As a result of "This is it and It is NOW":

US exchanges will be closed. There is a chance all world exchanges will close down. Only gold and currencies which are planetary markets will continue to trade.
Retirement programs will not pay off.
Medicare and Medicaid will at best buy you a bandage or pay for 1/4 of a visit to a free clinic.
Social security, due to the massive upcoming inflation, will provide no security for any society.
Money Market Funds will not pay off.
A CD is a gift, but not to you.
Unified central bank action has a short life.
Central banks will soon revert to the strategy of everyone for themselves.
401Ks not self directed are headed for the toilet forever.
Exchange Traded Funds will not return the assets upon which it is based to you.
Sliver will demonstrate the fact that it is more industrial a metal than precious.
Silver is not a currency because it is simply too HEAVY to settle debts or to be universally fungible.
Silver performs best when there is reasonable industrial demand and distrust of currency. When this happens rounding up the gang and their money will have a lot to do with which party is elected.
Credit card companies are going to have to be bailed out.
GE Capital is a nuclear capable entity that has the capacity to take down the good old toaster and refrigerator manufacturer - SIGMA ZERO.
GE Capital is a huge OTC derivative dealer but somehow I do not recall that fact being discussed.
Gold is the only Honest Money because it has no liability attached to it.
Gold coins are the best way to own gold for the average investor.
When you select a junior gold, I would look for the highest quality, most bashed, highest short positioned, with real assets and real people devoid of pussy management. The situation is best if it is based in another country than the country you live in while doing business in a third and trading in multiple areas. The benefit is obvious.
Nobody ever did or will ever trade items as insurance. That is a form of madness.
At $1650 I will take my leave, having been with you to the point I promised.
The only place you will find me then is at my place of business on the ground or the web.

[Connecting with Sauce]

that is because $20 is the true value, the other is electronic...

[gwangsun]

Hey everyone,

Im finding that gold and silver is being sold in troy ounces and ounces. Whats the difference and is one better than the other? Also I noticed that there are dow to gold ratios and other ratios i dont understand. I tried researching but alot of the stuff i read goes way over my head. Can anyone who knows about this give us a little speal in terms we understand?

Ten Commandments For Buying Gold & Silver :

I. Always take delivery

II. Never buy premium if you can avoid it.

III. Buy bullion for business, numismatics for fun.

IV. Buy silver first, then gold.

V. Buy small gold first, then large.

VI. Never buy exotic coins or modern rarities or anything you don't understand.

VII. Know your dealer.

VIII. What governments can't find, they can't steal.

IX. Never swap bullion coins for U.S. $20 gold pieces.

X. Never break the law.

[Druid]

Originally Posted by pegasusjtr

I went to a coin shop in Oakland, CA. this morning to learn that someone had bought their entire stock of American Silver Eagles, a total of 86 coins at a total estimated value of $1,500 U.S. dollars. In addition, their entire stock of American Gold Eagle coins were also purchased. Obviously, I was disappointed and that everyone should be aware of this.

U.S. Treasury Freezes Gold Mints, Gold Coin Sales


As of 9/10/08, the U.S. government has shut down its gold mints. No more official gold coins are being minted in the United States of America. The sales of all U.S. Treasury gold coins has been frozen until further notice. All American Eagle gold coins are sold out across the nation. There are simply no more coins left.

U.S. Treasury Freezes Production, Sales of all American Gold Coins
http://www.naturalnews.com/News_0003...ey_supply.html

Why would the U.S. government freeze the production and sale of gold coins right in the middle of peak demand for those coins?

One reason is called "Executive Order 6102," signed into law in 1933 by FDR. You can read about it here: http://en.wikipedia.org/wiki/Gold_confiscation

[LotusEarth]

Visit www.goldprice.org. if you don't know anything about gold, like I did, i think this is a great site. (well, this one too!!)

[gwangsun]

I just finished listening to the Patriot News Hour podcast that was linked above. Now if owning physical gold does become illegal, that what about the other precious metals, (Silver, Platinum, and palladium) What would be wise to invest in that would most likely make it through the rough times ahead? IM thinking silver and or palladium, then again I’m new to the whole precious metals scene.

What do you all think?

[Lance]

Originally Posted by CosmicFever

Ten Commandments For Buying Gold & Silver :

I. Always take delivery

II. Never buy premium if you can avoid it.

III. Buy bullion for business, numismatics for fun.

IV. Buy silver first, then gold.

V. Buy small gold first, then large.

VI. Never buy exotic coins or modern rarities or anything you don't understand.

VII. Know your dealer.

VIII. What governments can't find, they can't steal.

IX. Never swap bullion coins for U.S. $20 gold pieces.

X. Never break the law.

Always break the law, if it is an ass....but nice thoughts none the less.

Since the Ptw decided to sink my final statement here I figured I'd try and sneak it in....This is all puerile. There are many, many positions to stake ones self in to profit on the collapse. The miners are taking a beating and to be honest, I would not want their jobs. CDE and AEM are ripe for the plucking . PAL is even better if you don't mind playing with penny stocks. Heck (I almost wrote **********) CDE became a penny stock yesterday.

Look, the question is not how to (h)edge bets and protect hoardes, the question for me anyhow is how to make this whole piece of ********** work for me and mine and that includes a crew of about 20. There is a gazillion dollars worth of real wealth/value in mining stocks and I don't even own any of them, yet. The powers that run this site have already blocked my statements thrice so whom knows.

There is a a 'google' function that allows you to scroll through a companies history. Do this for minor miners and look for yourself. Have you ever been down a friggin mine? They suck. So look for operating mines in minor stocks and see what you can do. If they are union, if they have new sites, if they have productive mines already....buy them up. They are taking a beating and so be it.

Look, the End Game is not the scenario dished out by new agey folks, this is a collapse of empire wanna-be's, done on a etch a sketch by dull witted folks whom happen to have the power granted to them by years of wrangling their way through the idiocracy of parliments and white houses. What is coming is unprecedented. We can all gain off of our forefathers folly.

Sit back, breathe deeply and take stock of the situation.
Iceland is broke, New York is broke, California is broke, Hungary is broke....America is broke, the EU is broke...it's all bust.
Breathe deeply again and know in your heart that it is okay. Then sit bolt upright and take stock of you resources and skills.
If you have none, gain some.
If you have many, smile.

Good luck and good night.
Keep your friends close and your enemies closer. And all that.
Buy platinum when it hits 600, gold wherever and whenever you can and put the rest of your money to land and food. It's not pretty but it is what we incarnated for. In'shallah we make it through happily.

The "Ten Commandents For Buying Gold And Silver" came from
Franklin Sander's website www.the-moneychanger.com. Franklin was in Aaron Russo's film, Freedom To Facism, and is a true American Patriot.

peace,
julie

[TAXMASTER]

there are 2 problems facing gold right now. first is the rise of the dollar. why is the dollar rising even though it isn'y worth the ink that it is printed with? most people today have their investments and retirement accoubts in fund families with brokers. during the past year they have been losing money and are looking at their options. evey fund is losing double digits now and the only fund that they have to move their money into as a safe haven is the treasury bill or money market fund. it pays about 1 1/2 to 2 percent but its better than losing 20 percent. alot of people cannot take their money out of these funds because they are in their 401k and they are still employed or they will get a penalty. people who have taken their money out are being told to invest in short term treasury bills by most investment brokers because it is backed directly by the us government. this is the main reason the dollar is going up.

now gold normally sells in a cycle. it tends to bottom out in august, take a jump in september, dive in october and rise again in november. this cycle has repeated almost every year in the last 40 years. so earlier this year when the market tanked and people were looking at where to move their funds, they saw precious metals and commodities were the only thing that had good returns so they jumped in and helped ride the market up. when the normal cycle started to wain in late july and metals and commodities started to fall then more people started to bail out and into the dollar.

so what i am saying is that this is not too different from any other year. the only difference is that the economy has tanked and commodities are in the pisser. alot of funds tend to buy a certain amount of each commodity ie gold, silver oil, wheat etc, and since people are not buying commodities right now, that tends to extort the prices of both gold and silver. silver and gold are considered to be partly commodities and partly a hedge on inflation with silver leaning more towards a commodity especially when commodities are falling. i hope this helps to clear up why they are so low.

even i got caught with my pants down, as i was long in gold and was not expecting it to drop $100 in less than 12 hours. i had to come up with margin calls twice and i am praying for a rebound soon.

Namaste'

[bilderburger w/cheese]

hold on...we are getting caught up in a frenzy here.

DO NOT buy gold UNTIL it hits bottom. ive been reading the gold forums and the projection charts all morning and its not going to go any higher until it hits the bottom. theres a bunch of people projecting somewhere in the low 770 range, but others are expecting it to drop even lower... to the 5xx to 6xx range.

this next week should be quite volatile. the two key dates next week are tuesday and friday which will shed some light on where we will see the bottom number. additionally, there is a fed meeting on oct 28th/29th... again on nov 16.

https://www.kitcomm.com/showthread.p...1118&page=1973

(hope this pic works...)




source of that chart: https://www.kitcomm.com/showthread.p...1118&page=1972, by "yahoo"

my opinion: i dont see it dropping below 700, and the bottom, to me, appears to be at about 740. gold WILL skyrocket soon, but i wish for everyone here to get the best bang for their buck.
if youre anxious to buy, buy at 770 just for the minimum you need for peace of mind. wait to buy more (like me) because, like taxmaster wrote, its in a cycle. stay patient.


----------

id avoid platinum and palladium investments. those metals are not harmonious with the human body, and i think thats why silver and gold have and will always be valuable to humans.

[tandiwe]

Thanks guys for all this info. it was going a bit crazy here and there was an article in a tabloid about queues at ATS buillion. I was resisting the panic buy as the feeling i was gettiing was to wait till it is 750 and buy then. So this is kinda backing that up, so thankyou.

[Rocky_Shorz]

Originally Posted by bilderburger w/cheese

hold on...we are getting caught up in a frenzy here.

DO NOT buy gold UNTIL it hits bottom. ive been reading the gold forums and the projection charts all morning and its not going to go any higher until it hits the bottom. theres a bunch of people projecting somewhere in the low 770 range, but others are expecting it to drop even lower... to the 5xx to 6xx range.

I'm curious, have you checked with any local coin dealers in your area lately?

Paper silver and Gold are being dumped for hard metal...

take a look around and let us know what you find...


ps. If you can find any precious metals at close to market, Silverman is ready to buy it...

.

[Swanny]

Originally Posted by Rocky_Shorz

I'm curious, have you checked with any local coin dealers in your area lately?

Paper silver and Gold are being dumped for hard metal...

take a look around and let us know what you find...


ps. If you can find any precious metals at close to market, Silverman is ready to buy it...

.

What does hard metal mean??

I may be repeating something someone else has said but no harm no foul. In the paper Au market there is not enough physical gold to cover the paper Au. The money that was traded to buy the paper Au was taken and gambled with in the market. Of course you won't know this until you want to cash in your paper for the physical. They don't have it and when that poop hits the fan it's going to get real ugly just add to the chaos. Delivery on physical is at least 3-4 weeks out. So, you can wait to buy but the question is will it be available. I'd buy all I could get my hands on right now but I hesitate because I don't know when I'll receive it.

peace,
julie

[joe2288]

i cant get any gold help haha

I'd also add that now is not the time to be greedy. If you can get immediate delivery please let me know because I would like to buy some. Price is not so much of a factor for me as just getting in my hands. A friend told me they were waiting until it reached $600 and I told them they'd have to wait until their next lifetime for that price. It could be $1.00 and oz. but if you can't get it the price really doesn't matter.

peace,
julie

[nibiru]

in "new threads", please click on " mexico" and watch the video link ... maybe is of your interest...
talks about the new currency coming by february 2009...and the financial collapse of us economy...
yes, invest in gold...