- advertisements -
I'm gonna have some gold/silver home buying parties and buy a pawn shop!
Damn fine idea. Then sell it to History Channel. be a star.
Oh my gosh. This is pandemonium.
What about the dentists?
Will the teeth of Americans now resemble those of the British?
And what of Obamacare? They - obviously - never figured in the increasing cost of gold and silver when calculating the "decreases" in health care costs!
We are so hosed, but I still have my palladium.
very nice :-o
no doubt - especially if you only have to pay the rates the 'cash for gold' places do.
Source is in Dutch, not German.
Ya but it's confusing. Germans say You speaky de dutch. Spraken de deutshe. So you gotta realize that german people speak dutch. I know it's confusing.
Ja. Hier ist Herr Jim Villie. Ausgezeichnet!
wundebar! supa! wir mussen alles gold gehaben jetzt!
herr villie is eine ubermench...
Nein, Niederlaandish is nur schlechtes Deutsch!
Also Also, Dutch oder Deutsch. Ich bin ein Amsterdammer. Smelten Sie meine käzen und anschau diese goldmachinen.
Only in Abu Dhabi, the first gold dispenser: http://www.rtl.nl/components/financien/rtlz/miMedia/2010/week19/do_1300_goud.avi_plain.xml
yeowsah. And it begins.
If you want physical silver, try here...
They still have good stock, well priced.
I have found both the product and service to be top notch.
or if you live in the uk. you can get them here. http://www.sarniasilver.com/firstmajesticcoins.html
What do the Canucks charge for shipping to US?.
Mine was shipped to NZ, so I don't know, but I did think it was pretty cheap.
$20.30/oz is quoted price today.
Choice getting limited at Sarnia as well now!!
There are several recent reasons for silvers recent runup.
1) Gold is surging due to recent $1 Trillion Europe Bailout and huge demand for precious metals by Europeans.
2) Scramble by a hedge fund to cover 10 Million ounce short.
3) JP Morgan investigation for manuipulation of silver market. They can no longer hold the price by shorting more paper while under investigation.
Smart money knows they are dead in the water as any attempt to cover will cause an exposion in the silver price.
4) Central Fund $375 MM raise yesterday means they needed almost 10 million ounces of silver. This has essentially dried up any supply to the Comex and LBMA.
from Ed Steers.... http://www.caseyresearch.com/displayGsd.php
"The first story today pertains to the wildly successful offering by the Central Fund of Canada yesterday. It was the biggest offering in the company's history... and they raised US$376 million, which includes the underwriter's rights. This translates into about 7.8 million ounces of silver and around 151,000 ounces of gold. I wonder how long it will take them to get all that silver? It's a bit over four days of world silver production... and as you know, dear reader, this kind of quantity is impossible to find in the open market. So, without doubt, they will be standing at the refinery door waiting just like everyone else... including SLV. The headline of the story reads "Central Fund Increases Equity Offering to U.S.$376 Million as Underwriters Exercise Their Rights to Purchase Additional Class A Shares"... and the link to the yahoo.com story is here."
5) SLV is way behind in obtaining physical silver bars to allocate to its ETF holdings. Estimates on how much they still need varies but I would guess its as much as 50 MM ounces.
6) Essentially the silver coffers are dry amongst record demand. It will take prices well above $50 oz to draw any silver back out into the market.
a preview of what's to come here when the people wake up. Get some physical while you still can!
But what if the wearwolves come back... and the vampires...
Dude... are we in a mess or what...
The kind you have to shoot in the melon.. that's what my .308 is for :)
.308 double tap to their dead heads....
The movie is wrong.
.308 no double tap required.
.380 definitely double tap, or better yet, Mozambique. 2 in the chest, one in the head.
Even better, screw the .380 and get a Rohrbaugh R9 for less than an oz of Au and it still fits in your jock strap.
Or best, and you know what I am saying darling....
Saiga 12 , bitches!!!!!!!!!!!!!!!!!!!!!!!!
During times like these desperation at times leads to suicide and murder.
Please remember me in your will. Thank you in advance.
You are coming along merehuman...looks like MsCreant got through to you and good to see your sense of humor coming through! Nice post.
.308=nothing left of head after 1 shot.
Saiga 12 FTW(CQB)
you don't have to reload a sword
I hope all those derivatives JPM has puts their ass out of business forever.
you and me both
Thats your sign post up ahead,your next stop, the no PM zone
Yeah I saw that episode. You know how it ended? The government required everyone to redeem their PM holdings for Treasuries at a set price within 30 days or face a felony.
I don't see how anyone sees pushing the fiat govvies into a PM-free corner is going to end in anyway other than martial law. Remember, these people are modern-day Visigoths.
...yeah, but the visigoths were defeated as well.
Gott mit uns...
Time to take delivery, if you're in paper. Run don't walk.
Time to get the final preparations in place, TSHTF very soon. July is my bet, if we're putting down lots. Smoke'em if you got'em.
PS Better get any cash you might need out of the banks too, if you haven't already.
Oh but the comex can settle in cash..It says so in the fine print..
I've often wondered how exactly this worked.
It would be like going into a store and saying "Here's $100.00. I'd like that coat there with a $100.00 price tag on it. The clerk then takes your $100 looks at it and then hands it back to you and says "OK, we're all settled up then."
How long would this store stay in business?
So I'm trying to buy Silver for cash, but instead of Silver, your just giving me my cash back?
Actually, it is like the store owner saying that he really doesn't feel like selling the coat anymore and gives you back $125.
Not much help if you needed the coat because you were cold.
Especially since now, when you look around, the prices of coats in every store are now $130.
And to extend your analogy a bit, once you are dead from exposure because you couldn't get the coat when you needed it, the coat merchant rifles your corpse for the $125 he "returned" to you, knowing for a fact you have that much at least on you.
They want to know who wants gold, then they know who to go after when they want all the gold back. It's worse than a bad transaction ... it's a trap.
I don't get it. You can buy 400 oz bars for $497,600 each at this moment by phone and have them delivered by armored truck anywhere in the world. Why do you want to deal with comex?
Cause I'm 25 bucks short!
(Ernie laugh) k-k-k-k-k-k-k
If only I had traded in my Ca RE, pre crash, in for 3 of those 400 ozers,
being 25 bucks short wouldn't be an issue! Yah right...
LMAO...I'm $42 short.
Haggle with them. They'll do it to make a sale. This is how I got my $80,000 dollar porsche for the low low price of $79,950. Because they had pity on me. And I totally took advantage of them.
Good price for tungsten, IMHO
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.