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US Mint Reports January Silver Sales Hit 26 Year High
When we had last checked on the total silver sales by the US Mint earlier today, the amount given was 3,407,000 ounces, a number which we had earlier speculated would be a monthly record if sales were maintained at the current pace. And as the number had not been updated we assumed that "either buying interest has ceased overnight (unlikely), that the
mint is not updating its numbers (likely), or, worse, that the Mint has
now stopped selling any form of silver for reasons unknown." Indeed, the result was the likely one, and following a quick check today on US Mint sales confirms that sales have once again surged following the Mint's delayed update. As of today they stood at a whopping 4,588,000, or nearly 1.2 million ounces sold in a few short days. This represents the biggest monthly total sold by the US Mint going back to 1986 when the Mint disclosed its first monthly sales record... And the month is not even over yet. In other words in just the first three weeks of January, the mint has sold more silver than in any month in its history according to its public records going back 26 years.
So the bad news is that while the bulk of Scotia Mocatta's silver bars continue to be sold out (and just the Valcambi 1kg bar is shown as available), the good news is that the kind folks at BullionVault were good enough to advise us that their physical silver inventory is now back and is on line (and contrary to our previous notification, the firm's physical shortage was not in Germany but in England, where its vaults are located) so our England-based readers can go ahead and purchase at will from said location.
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I don't believe this story. Everybody knows everybody spent every dime on computers. They don't have no money for silver.
I have a friend at work who said last Christmas they counted 14 Apple products in their home, ranging from Ipad Touches for the smaller children on up. I couldn't help but think that this was just such a misapplication of capital. Not to take anything away from Apple but making enticing toys for Americans is not going to help us any. Maybe Jobs is an agent for the Chinese.
market saturation.
I was at my bank today; there was a short line.
There was just one lady in front of me, an Asian lady who was trying to
exchange yen for dollars. It was obvious she was a little irritated . . .
She asked the teller, "Why it change? Yesterday, I get two hunat dolla fo
yen.
Today I only get hunat eighty? Why it change?"
The teller shrugged his shoulders and said, "Fluctuations."
The Asian lady says, "Fluc you white people, too."
That is one fantastic joke.
I made this Youtube video with pieces from part 3 of the BBC documentary, “The Power of Nightmares”. It explains the Precautionary Principal and where it came from, that has caused so much damage to our way of life and the world. This will tell you why the eco-fascists an neo-cons use their apocalyptic predictions.
The Precautionary Principal-International Banking Cartel Brainwashing
http://www.youtube.com/watch?v=4GIkWuuq45I
Michael,
For a start, a "principle" is only a noun, and "principal" is both an adjective, and a noun, but a noun only when referring to what used to be called a Headmaster.
For example, parse this sentence:
"My principal objective is to teach people to properly refer to a principle."
Or indeed, this sentence:
"My Principal used to whip me on the arse with a cane, in order to augment the principle of not fighting authority."
Your video did nothing to explain the Precautionary Principle as a recently developed Left Wing assault upon reason.
In fact, you seem to attack "neocons" as being prone to falling for this ideological clap-trap, if not as the instigators.
You should go back and study modern history, without drawing long bows of illogical populist thought.
Not only that, but your video provides absolutely no cognisant link between the Precautionary Principle, and the Banksters, which is the front-centre focus of your diatribe.
If I were your dissertation supervisor marking your video, you would get an "F" for fail.
Ouch! on the grade. Fair result.
However, the doco was new to me and was of interest. Pity about your lack of ties to the bankstas though.
Looks like a gathering of "The Pilgrim Society", at that "do" where Tony Blair was being inducted into something(?).
Could also be the annual gathering of the Sociopathic Society, or Tony's debut.
+ wan hunat an flity
Funny!
OK, now I'm starting to get interested:
http://tfmetalsreport.blogspot.com/2011/01/feeling-better.html
The next Move:
http://lhmarketwatch.blogspot.com/2011/01/next-move.html
Trolls trolling trolls trolling trolls
Nothin' like a good fight!
;)
Too bad you're not up fer it Lil man
I will see your insult and raise you platinum.
and I substitute platinum and insert palladium at 1/20th the price and equal the usefulness
Thievery Corporation - The Numbers Game:
http://www.youtube.com/watch?v=2xAJVri2a1U
GMF and Spalding are the new Bravo's...
don't follow the "1/20th the price". palladium about $800/oz., platinum about $1800/oz. ?
Why do you even bother to post lying little man, or are you the "new and improved Harry Wanger?"
Your post on another thread that you only made 100% on silver sold 7 Dec 2010 that you held for 15 years was a knee slapper. According to historical data (it's posted you lnow, your lies can be easily detected) you the price of Silver was arround $5/oz and on 7 Dev it was $30.5/oz.
Nice one.
Peg bites.
Thanks. Just had major dental surgery. I think I ripped out my stitches.
"It only hurts when I laugh"
Fucking awesome story, made my day. Thanks.
+10 :)
A Chinese couple had a new baby. The nurse brings them over a lovely, healthy, bouncy, black baby boy. "Congratulations," says the nurse to the new parents. "What will you name the baby?" The puzzled father looks at his new child and says "I think we will name him "Sum Ting Wong."
"There was this Spanish guy, this Chinese guy and this Russian guy all
working for the same construction company. At the beginning of the day the
boss comes out and says to the Spanish guy, "You're in charge of the
cement."
Then he said to the Russian guy, "You're in charge of the dirt."
Then he said to the Chinese guy, "You're in charge of the supplies."
Then he said, "I'm gonna be back at the end of the day to check on your
work. It better be good or you're fired."
So they all go off to go get their work done.
At the end of the day, the boss comes back to check on their work. He
looks at the big pile of cement and goes, "Good work," to the Spanish guy.
Then he looks at the big pile of dirt and says, "Good work," to the Russian
guy. Then he couldn't find the Korean guy so he asks, "Where the heck is
the Chinese guy??"
All of a sudden, the Chinese guy jumps out from behind the big pile of dirt
and yells, " SUPPLIES!""
"What do you call a drive by shooting where a Chinese guy gets shot?
CAPPUCINO (CAP-A-CHINO)"
Barkster, I'm really busy at this moment, but I want you to know that I took the time to log in just so that I could register a reply to you and thank you for your joke. You have made my day already! This joke is flucking hirairwious round-eye!
glad i could lighten your day a bit!
He's a huge creator of jobs....for China.
... they counted 14 Apple products in their home, ....
No Apples here. Just Windows, PMs & guns.
Apple Product Census at the Bearing's Household
Bearing: 0 Apple products
Wife: 2 Apple products
Daughter (out on her own): at least 3 Apple products
I've got a few rotten apples in the back of my fridge...
Who left em there? your CFP?
Sounds like a Nintendo Wii may be involved.
You have to admit that (at least) Apple MacBooks are better manufactured than Dell's, Toshiba's, etc.
Various archery product to silently shoot the apple is good too....don't fritter around!
3 devices here and every one of them gets used every day. Itouch + 2 ipods (home / car) [bit of an audio junkie].
You couldn't pay me to have a macbook or an ipad but these 3 devices are well worth their utility value. Best grand I have EVER spent when you think about usage versus cost.
Ditch itunes with media Monkey and you will never look back.
Was all set to pound out none, but noticed a lone Apple wireless keyboard on top of a hutch. Dammit. I thought I gave all that stuff away.
I have run my small business on Apple computers for over 10 years. They are cheaper and more reliable than human employees and have much higher resale value. Each dollar I spend on an Apple product comes back to me a thousandfold in efficient, reliable, productive work. An iPad is less than 1/2 oz of gold now, pick one up if you haven't, they are great!
Ya and when they come with rotating laser turrents to fry your ass when you don't pay your taxes they'll be even better. Get the iEnforce and iEnforcer pro.
@Hephasteus 'I don't believe this story'. It is very possible if you consider who the major customers might be.
Certified Dealers have proprietary accounts and can suck it up real fast. Hell, the Morque might even buy from them.
Sorry rocker. We're over 9000 iterations into this mind fuck.
http://www.youtube.com/watch?v=xgsVNMD9Ae8
I thought everyone was buying iPads?
Blythe is buying it all....
Hey Blythe Morgan, kiss my ass bitch.
$29.12
Just a kiss? I expect a little more . . . soul!!
Eeeewwww, she's kinda nasty lookin'...
Just sayin'...
Is she still divorced?
Poor husband that had to put up with her nasty ass.
I guess the public is doing what it has been told to do by their advisors, the cartoon bears
JUST BUY THE DIPS
yep....
Silver Keisers
As i've mentioned on another thread, has anyone received their silver keiser coins yet?
http://www.silverkeiser.com
I've tried emailing them, but get no reply. We were also promised regular updates, they were suppose to be shipping the first batches by now and to have finished shipping by end of Jan:
http://www.silverkeiser.net/FAQ_ep_40.html
They currently have $5.6m dollars of peoples money (171,250 ounces x $33 ).
This is starting to stink bad. Has this all been a huge scam exploiting Max Keiser's compaign?
Anyone has any luck with the silver keisers?
Max Keiser has no involvement with the production of the "Silver Keisers" what so ever. Physical delivery of the "Silver Keisers" will commence in mid January and all pre-orders will be delivered no later than the end of January. They will be sold on a first come, first served basis. All questions and concerns should be directed to info@silverkeiser.com.
Er, yeah, i know all that. Like i said, i haven't got a reply from emailing them. And yes, Max Keiser has no financial involvement with the Silver Keisers, but he has promoted them and allowed them to use his image.
Anyone had any actual official response from the silverkeiser people? It's not looking good PR or credibility wise so far. $5.6m is a lot of money to be sitting on.
Perhaps, like Eric Sprott, they are having a hard time sourcing silver [planchettes]?
same story for me ...just a recording that says they will answer calls on Dec 13th..and no return email despite my having a confirmation number for my order..straaaaaaaange..
Max Keiser himself should try and find out what's going on to assure his followers. When they had initial problems with the silverkeiser.com website (people couldn't place orders because of shipping price glitch) he got in touch with the company them to let them know people were having problems.
Max Keiser needs to step up and find out what's going on, even though he has had no direct involvement.
This is starting to look like a nasty scam. It only takes 5 minutes to update the website to let everyone know what's going on.
This is something Tyler should look into.
A scam is a scam even if it's pro-Silver. If it's legit, then you should get answers with quickness.
Agreed. It would be good Tyler/Zero Hedge if you could put your weight behind this to find out what's going on. $5.6m of good peoples money at stake that could have been spent elsewhere on silver by now for the good cause.
I don't think asking like this is the proper forum.
Listen, Max Keiser has a website. It's gosh...are you ready....MAXKEISER.com. Why don't you go ask him yourself?
Max Keiser spends all day copying links from zerohedge.com onto his site maxkeiser.com, so he should read this and hopefully take note. I posted this query on zerohedge.com because it has more followers and to raise the issue to a wider audience.
My understanding is that Northwest Territorial Mint is the one supplying the silver coins. If true, they have a history of being waaaaay late with deliveries. It is one of the reasons I didn't even consider the coins.
Best of luck.
Yes, i've heard the rumours of NTM and their poor service, but that's not our problem as customers.
Our purchase agreement was with the silverkeiser.com people, they chose the minting company and part of the 'deal' was that they deliver at the time scales they set themselves. i.e. Mid Jan 2011 - End of Jan 2011 at the latest.
If we don't get an official response soon, i suggest people start claiming refunds from paypal and their credit card companies as they've already had $5.6m sat in their bank account for over a month earning a nice bit of interest for themselves. Leaving it too much longer and paypal payers won't be able to claim as there is a 45 day limit.
MonkeyBoy,
Next time just buy from a local. Go to the jewelry store...no, not at the mall...the good one that's been around a long time. Ask the jeweler who the old money families in your area use for bullion purchases. Pay cash.
Yeah, i know, i've done all that before for years. These Max Keisers were suppose to be a one off novelty to help support the crash JPM campaign. You know, that rare thing these days, of trying to do the right thing.
Max Keiser himself supported the campaign, so shouldn't have been as dodgy as it has been.
I don't know about the Silverkeiser.com business or if it has any association whatsoever with Northwest Territorial Mint.
However, I have placed many orders for silver rounds with NWT during the past 18 months. All deliveries all on schedule, as promised. I have not bought gold from them.
Within the last two months the mint's Order-to-Ship time has doubled: 4 weeks to 8 weeks for silver rounds because of a huge increase in order volume and size. The mint disclosed this when I placed my last few orders.
"My understanding …" and “Yes, i've heard the rumours …” are weasely-ass mealy-mouth rumor mongering qualifiers I cannot let pass without comment, since I know they are lies from my own first-hand experience with NWT.
Rumor and inuendo about this particular mint seems to surface on a regular basis on ZH and other PM sites. A disgruntled customer? Or maybe someone doesn't like the competition.
As a past customer of NWT, I can tell you they have not always been so forthcoming with delivery times. And I do know the state AG looked into them for possible fraud and their communication has improved since that time. I received the products I ordered from NWT.
Their lead time on delivery makes me uncomfortable and as a result I no longer do business with them.
Pegasus - you've been a member for a long time, so I doubt you are a corporate shill for NWTM.
That being said, I could not disagree more with your statement(s). My own experience with NWTM was a disaster.
First, the company has a consent decree with the WA St AG - http://www.atg.wa.gov/uploadedFiles/Home/News/Press_Releases/2008/Consen...
which demonstrates their past practices and their deceptiveness. In addition, the BBB rating is abysmal.
I made a large order with them in January 2009. On the invoice they marked a vague 8-12 week delivery time, but this was never mentioned during the ordering process. At 12 weeks, they delayed the shipment - which is a violation of their consent decree. At that time, platinum had gone up $300/oz from my buy point, so I was getting worried. I wrote numerous letters to the company highlighting that they were in violation of their consent decree and threatened to contact the AG. Eventually the company counsel told me to do just that. I had to write a 4 page letter to the AG citing the various violations of the consent decree and cc'ed the company. Finally, I started getting partial deliveries. After the AG become slightly involved I got the final delivery - where the platinum Maples were previous circulated (mixed years) in contradiction of my order of uncirculated coins. But by then I was simply happy to have received my order (or the rough approximation of). Total time from order was 12-14 weeks or so, and countless hours of my time in correspondence and also worry. The in-house counsel - you could tell he dealt with my sort of complaints over and over again. He was very practiced in his responses...
With Apmex, in stock orders arrive within a week. Tulving is a barebones/old-school company, but their deliveries were also within the week and the prices competitive.
I see no reason why NWTM has 2-3 month wait times for standard Eagles/Maples, etc. My educated/experienced guess (in working with the company) is that there are a few possible reasons: (1) they used to earn huge floats on the money when interest rates were higher; (2) they run some sort of hedging scam where they will fill orders when prices dip below the order prices and try to earn the 'arbitrage' (leaving themselves open to failing to deliver on a huge price spike); or (3) they use new customer money to fill old customer orders, i.e. they are in a current assets - liabilities deficit, but it works so long as the volume of new customer orders is higher then the past customer orders.
In short, there are lots of reputable PM dealers out there. I've never had a problem with the two I have mentioned. There are others. Why would someone subject themselves to the experience of waiting 2-3 months with a company that has repeatedly demonstrated (see the consent decree) itself to be less then upstanding? Waiting that long for physical delivery seems to be anathema to the whole idea of protecting oneself from the possibilities of a fiat collapse or market dislocation.
I placed two orders with NWT mint. Although they have delivered the product there were two big issues for me. first,my shipment came in 3 months after ordering (I was told 4 weeks). second, when I inquired about my order they beat around the bush about when my order would be shipped. Sorry, left a bad taste in my mouth.
Joe,
Sorry to read about your bad experience with them. I would be pissed too.
I buy silver rounds from them because their markup over spot is reasonable particularly considering their price includes free shipping and insurance.
For what it is worth, they tell you up front when you order that if they cannot fulfill your order within 30 days they will refund your money. If the price of silver has gone up during the period, they'll refund you at the current higher price. If the price has fallen they'll refund you at the previous higher price of the metal on the day you placed your order. Seems reasonable deal to me although I've never taken them up on it.
I will take your comments into account for the other metals. I'll also give the mint feedback the next time I order about disclosing -- up front -- the typical wait times customers should expect for the various PMs based on the mint's recent Order to Ship Time data. This info should be prominently displayed on their website and stated during the purchase process. That ought to help eleviate some customer worries and misunderstandings.
I bought a couple of 100oz silver bars from Apmex in July and they were each here in like three days. The one time (Autumn, 2008; admittedly a trying time in finance) I ordered 10 x 10oz silver bars from NWTM, they arrived in a month and a half. I bought the house hallmark and recognize that there are production times to cast this stuff, but when I saw Apmex announce a few weeks ago that the RCM 100oz bars would not be available until the next week, I realized that NWTM's lead times have to be the result of either (optimistically) playing the float, (pessimistically) credit delays for raw material supply, or (more likely) management of production schedules to favor the higher margin products. Given that the margins on commemorative medals are probably better than bullion casting, I am willing to give them the benefit of the doubt on the third choice. However, as a bullion buyer, I find Apmex a more attractive choice to meet my needs.
I have to be honest i am a little suspicious,especially because i have received no response from them. I put in a dispute with American express which i used to pay for them to see if i can get a response this way
Seriously - who the f---k sends money to a start-up company promising to take "pre-orders" for silver coins they may or may not be able to mint and send at higher-than-ordinary premiums over spot?
Seriously, how f---ing dumb can you be?
Sure this sounds like a scam. You know why? Because the amount of thought that a person of ordinary intellect would need to to apply to figure out that sending these folks your money is potentially a huge mistake is about 20 seconds, which means suckas and fools are the target audience.
If you're offended, well, you should be. Fools and their fiat are soon parted, and with nought, neither paper nor silver, they stand penniless like that cartoon bear who farted.
If it makes you feel any worse, the FAQ page at the keiser site lists bidbullion.com as the folks who own the keiser op. Go to bidbullion.com. That'll make you feel worse.
Problems like this are another reason why I just pay the premium for the roll of Silver Eagles at the coin shop.
No shit, huh? Or use a frikin reputable dealer (with lower premiums!).
Yes. :)
Another thing I like about the coin shop is I walk in with cash and I walk out with gold / silver / platinum depending on what's available and how much cash I have and what I want.
I do understand the arguments for paying a lower premium. But, I want the recognition factor that Eagles provide. Anyone counterfeiting Eagles is going to have the Secret Service on the case, as they are Legal Tender.
Also, that is paying CASH, leaves less of a trail...
And if there is one thing our regulatory and enforcement agencies are quick and fearless to act upon, it's fraud. Especially financial fraud.
Is it OK to put in a plug for both Kitco and APMEX here? I've had perfect experiences with both.
I once had a perfect experience with Jon Nadler. His insights into the precious metals markets have been, well, precious. Cheers to you, Nads. However, </sarcasm off>, APMEX has sent me lots of good stuff, but I miss the little card with the picture of the guy who packed my order, which they haven't been sending me recently. What up, APMEX???
One of my orders had multiple cards in it: one from the packer, one from the checker of the packer, and one from someone else. They must be quite busy now with all the action in silver. I think silver is too frothy now, I'm waiting a bit. Gold would be my default if I need to diversify out of more fiat. Or, Canadian/Australian Dollars.
Had very good experiences with www.silver50.com (TrueMetalsCorp) and APMEX is SOLID.
http://www.usmint.gov/mint_programs/american_eagles/?action=lookup
www.usmint.gov/bullionretailer
Here's a legal argument you might win. In the "10 reasons to buy silver keiser" section of the website, the sellers boldly PROMISE - "8. You will be able to sell them in January for much higher prices than what you had originally paid."
Wow! Quite a guarantee there. If that doesn't smack of scam, I don't know what does. They guaranteed a profit. Guaran-freakin-teed! Why would they sell something that is guaranteed to be worth more in a few months? Hah! I'm no lawyer (well, I am, but this isn't legal advice), but I'd say they made you an express warranty of some kind right there. Could be actionable. Course, if they turn out to be scammers, it's not like they're going to have money in assets you could reach. Ironically, their assets would probably be in untracable silver. Ahahahaaaaaaaahahaa.
"Molybdenumkaiser"
Hi everyone, BidBullion Management here. Well I would have to say that the Silver Keiser campaign is a bit behind schedule but it certainly isn't a scam. Every dollar taken into PayPal still sits there and will not be withdrawn until after delivery of the Silver Keisers. We have been responding to hundreds of emails daily and having a huge positive response. We would like to let everyone know that NWT Mint has been doing everything on time as per our agreement.
There was a slight delay on our part for silver buys, but besides that we are happy to announce that the dies are done and we are moving to the production phase. All the people that ordered the Silver Keisers in advance will have the images of the sculpt and the pictures of the finished dies in their inbox in the morning as we have just received them. I'm positive they will be posted on all sorts of sites by late tomorrow. All emails are being answered promptly now since we have increased staffing and operating platforms.
Any further questions for us should be forwarded to info@silverkeiser.com.
We hope this has been helpful.
Sincerely,
BidBullion Mgmt.
Funny that here it is almost March and I still haven't seen one of these coins on Ebay or heard of anyone receiving one. Maybe you're in jail already?
Wow. That would mean 1% of Americans could have a little slug of silver to toss around ... except I'll bet the Zero Hedge JPM knockers bought 1000 each.
boxes are 500 each... I have enough to cover me and a few neighbors worth as far as driving the market against the $650T monster...
if everyone would just buy 1 fucking coin... we would be done and won already!
LOL silver
We all know that metals are worthless baubles.
Only paper with government ink on it has real value.
That's why I keep my life savings under my mattress in crisp C notes.
Doesnt the Psalm go, ¨He maketh me lie down in green fiat pastures.¨?
Do you still smoke in bed?
lol! lol lol lol!!!
It would be interesting to see if the Royal Canadian Mint is experiencing a similar trend, regarding the Silver Maple Leaf -- a coin of historically low mintage, compared to the Silver Eagle.
Where's the silver shortage?
not at my house?
Kitco Canada has been out of RCM (royal can mint) 100oz silver bars for 2 weeks.
Kitco out? But Jon Nadler says everything is fine. Don't tell me he is fibbing again.
Sometimes I wonder if they are rigging the "inventory" to give preference to selling when prices are high. "Sell the dip" is a shitty business model.
Today I went down the strip in Guadalajara of gold vendors and everybody said they would not sell 1oz coins until the price went up. Of course these are nickel and dime operations but I'm guessing it's good for business for the big vendors to suddenly say they have supply problems during price dips.
I'm sure some do. I'm also sure in a supply shortage, you can start to demand huge premiums and still sell stuff.
Ok, that was my S tongue twister for today.
Possible. Then again, Sprott probably just bought everything he could from RCM !
Possible. Then again, Sprott probably just bought everything he could from RCM !
With pressing capital controls all about us, I can think of nothing more timely than to speak of the proper methods of smuggling gold, contraband reptiles, silver & cheap wine in your rectum...
Luggage, rolls of fat, dead bodies, shoes, briefs, make-up, wigs, propane tanks, cars, engines, secret compartments, construction supplies, humans, and animals are all ideal places to smuggle contraband. But when it comes to the most useful and effective device for smuggling, only one method offers so many benefits – clandestine rectal trafficking. Smuggling drugs in your darkest orifice is a no-brainer. Anybody who’s ever seen ‘Traffic’ or ‘Scarface’ knows how to do it, but what else does (and will) the average ZeroHedger pine to smuggle past customs?
Who’s trying to ‘rectify’ your behavior?
The U.S. Customs service (an agency of the U.S. Treasury Department) is the agency of record for the interdiction of your smuggled wares...regardless of what the TSA thinks of themselves. They’re a wily branch of the government that is completely unconcerned with your need for wealth preservation, quick cash or delicious deli meats. Whether by land, air, or sea, these feisty agents sweat gallons working to outsmart you.
Smuggling Methods
Whether you’re smuggling PM's, 143 billion dollars of bearer bonds, narcotics, FRN's, lemurs, people, weapons, false passports, cash, mosquito larva, or stools of the stars samples, you should first seek to AVOID border checks. ‘Go fast’ boats, smuggling tunnels, and private airplanes should be used when possible. If avoidance is not possible, then CONCEALMENT must be your goal. The better Customs becomes at detecting gold and silver bullion, not to mention various brands of sausage, the deeper you must insert them into your body. At one time, when smuggling items by rectum was all the rage (’77 through ’01), customs officials would probe, examine, and otherwise penetrate the orifices of up to 62% of entrants into the U.S. (some of the more adventurous border crossers found themselves addicted to making return trips – the record is 16 in a day). But since the TSA revealed that such examinations are no longer commonplace, the feasibility of using your anus as a storage device is now more relevant than ever.
Uncommon yet lucrative contraband
• Gold, Silver, Platinum, Palladium (do not smuggle uranium)
• Parrots (Pua Parrot, Green Winged Macaw, Lesser Sulphur-Crested Cockatoo – use alcohol tincture or chloroform to subdue)
• Lizards (Warning: the Poison Arrow Frog’s poison can be absorbed in the colon, leaving the smuggler into a hallucinatory state)
• Antiquities (Always make sure that the Scarab jewels are not real scarabs)
• Art (Edvard Munch’s ‘The Scream’ was purportedly stolen and transported this way by Sam ‘The Sodomite’ Sykorski)
• Rare Meats, fresh poultry and fish (Through my extensive surveys I’ve found that gay men have consistently been able to smuggle up to 34% more Cold cuts and bratwurst. Gay men are truly as the old adage goes – ‘sausage smugglers’)
• French Wines (A fitting location for the product of those so similar)
• Soft Cheeses
• Quarantined fruit (interstate) – Do not smuggle star fruit or nopales (Opuntia Cactus)
DID you know? In 2010, California inspectors were examining some refrigerated sausages. During the examination, some of the meats were accidentally swallowed whole by the drug sniffing dog. Concealed inside them were cryogenically frozen parrots. After they warmed up, one exited the dogs behind, where the dog was promptly arrested for smuggling. The other bird pecked its way out of the dog’s stomach.
DID you know? The U.S. Customs Department is the oldest federal law enforcement agency? It is estimated that 4% of its workforce are active smugglers themselves. Think smart, share some PM's with a new 'partner'.
DID you know? On January 15th, 2009, a lone Mexican transsexual attempting to cross into the United States with a tombstone strapped to his back was stopped in San Ysidro. The Individual appeared nervous, and when asked about his back borne load, immediately admitted to smuggling beef jerky between the clefts of his behind.
DID you know? There are no sacred bodily parts that are off limits from inspection by TSA and Customs officials (especially in off hours)?
DID you know? Not only can you smuggle such choice cuts and readily desired consumables, but you can also marinate them at the same time?
Tip: It is advisable to fast for 48 hours prior to your smuggling efforts
Uncommon yet lucrative contraband
• Gold, Silver, Platinum, Palladium (do not smuggle uranium)
I wonder what happens if you smuggle Uranium in Uranus
Let's get physical...
http://www.youtube.com/watch?v=IACcwlyGZQs&feature=related
think you will love this.
She still a virgin?
Buy all you want. JPM will surpress it till it's back to $6.00
Apmex has less than hundred 2011 20 coin rolls left for preorder. That doesn't seem like many.
Buy them
In the name of Caesar himself, How is this bullish?
Look mayne, supply/demand.
T.I. - That's All She Wrote feat. Eminem:
http://www.youtube.com/watch?v=mV4lcNNPDLs
T I cant text plain his own dick.
I'll help him.
You treat gold like some trick on the corner. She is done turning tricks for people like you. She is a god, she is unlimited. Could people emulate her? Sure, we could be forever, except that we used up our only chance on driving from suburb to suburb faster than the next guy.
It is over. The old way is over. Everybody knows it. Oil production dictated the ability to mine. Before machinery mining's yield was small. It will be that way again. Goodnight is all she wrote.
You would. Oh and by the way watch them false idols. Just sayin.
I respect the Truth. That's it.
It's just a fucking nightmare isn't it. Total loss of control. You just keep feverishly pulling on all those stupid fucking lying ass strings and it get's you nothing.
you are not hedged? just hate the shinny shit the people love? retail banking? nooooooo.... investment banker? thats not a real banker.
Goldman Sachs trader talks silver. Must watch. *******
Silver manipulation silver premium silver shortage silver scarcity
http://www.youtube.com/watch?v=AyYVb_JDuF8
Interesting. He says that once the premium over spot reaches 20% that the COMEX price will be almost officially recognized as meaningless.
Are all Goldman traders flaming gay like him?
Start with Lloyd and then you decide
he is a mental midget?
he is the help?
he is in the closet?
he wont be at the red cross ball? http://www.redcross-pbc.org/general_calltoaction.asp?CTA=4&SN=10101&OP=10102&IDCapitulo=5X5H6UJK1I
Easy there, Gill-man. Don't make me get the rotenone.
bite my lower left fin
demand and supply....demand is bigger than the supply, so it's bullish.
You obviously aren't in the banking business
Give it some critical thought......Dumd Ass!
I have and I've decided you won't work in my bank
You're a merchant banker, right?
Just got the last few 1kg silver bars at the New Zealand mint.
Whew!! Weren't you the lucky one?
Hmm. Gold Middle Finger, Avatar of the Creature.
So, Ben is that you straight from Jekyll Island?
You recognize him too?
So does your daughter. She say hello
Rule of Acquisition #6: Never allow family to stand in the way of opportunity.
Right, and the price is still down from the high. Wake up people. All these websites and newsletters SELL silver and gold. You on the other hand, BUY what they are selling. In return, all the sellers of this "real currency" want is your "worthless" dollars. Have you ever asked yourselves that question? Why would they want my dollars in return for silver if the dollars I'm giving them are so worthless?
The marketers for silver and gold have successfully sold you on the idea that the only outcome for our country's financial situation is hyper-inflation. Nobody ever talks about, or sells for that matter, deflation. You know why? Because there is nothing to sell a person in a deflationary environment. All the stock sellers, all the commodities sellers, all the home sellers cant sell you what they want to sell you during deflation. Prices fall in all asset classed during deflation including silver and gold. That's what happened in 2007 and 2008 and I believe will happen again very shortly. The Fed can print 3 trillion dollars and pretend to "inflate" the economy for a little while. This to shall end.
Dealers make money on the commission and spread, that's all they are interested in, volume of sales. They are brokers that is all. Why do you think gold dealers were selling people 1 oz gold 10 years ago at $300 when it's $1300 now, do you think they were stupid and should have hoarded their bullion, no, they were just doing their job as brokers. Just like oil brokers, food brokers, et al. They use their worthless dollar profits to buy more bullion to sell at a profit.
As a Commodity Broker for several decades, I can tell you that almost every hedger (let's say a ABC Jewelry Company) thinks they know the markets better than anyone else, since its their business, and in short order change from hedgers to speculators.
Carry this thought over to gold, silver, platinum, palladium dealers,....many think they know the markets better than everyone else and position inventory based on where they think prices will go. So its not just the spread that impacts their profitability.
I would be very surprised if they only make money on the spread.
Another example, many bookies could make an excellent living on the 6 to 5 or 5.50 to 5 spread, but many if not most decide to take action based on what they think the outcome of sports events will be.
Whalers, I thought you were me for a second.
Sure Pilgrim.
Prices go down, But what RETAINS it's value?
See definition for intrinsic value
WRONG....
You obviously have done ZERO research and are simply TROLLING!
A good dealer must be hedged with futures contracts so that no matter which way the market goes, he doesn't lose money on his inventory and any PM he has in transit. I had a comprehensive briefing on the business model of a related firm that moves a lot of PM. He had a fully staffed hedging operation and was only concerned with flow because he made a fixed percent on every ounce that passed over his shipping dock either way.
Whalers,
Speaking of waking up to reality. Here's a tip for you, free of charge.
Harvey Organ says,
"The chaos in the silver COMEX continues"
OI continues to rise. Those STANDING FOR DELIVERY will cause some real fireworks in March. Prices are going much higher, and soon.
http://harveyorgan.blogspot.com/
Wake up people. All these supermarkets SELL oranges. You on the other hand, BUY what they are selling. In return, all the sellers of these "real goods" want is your "worthless" dollars. Have you ever asked yourselves that question? Why would they want my dollars in return for fruit if the dollars I'm giving them are so worthless?
Why did people sell oranges in Germany, Austria or Hungry on the 1920s for wildly devaluing fiats then? Keeping the orange for one more day would have yielded more fiat -- so why sell? When dollars are truely worthless, bids will go unfilled - till then, transactions clear on a 'win win' basis for the parties concerned. You don't need to play if you don't want to...
yeah and they were sellin oranges 60 years ago too...wtf is your point?
snnnnoooooted myself laughing! oranges 60 years ago!!!!!!!!!!!!!!!! sorry, I am from FL sooo that shit is funny to me...
Show me the RE, equities and debt brokers that say it's a bad time to buy their wares.
lol
Buyer: Is it a good time to buy?
RE Agent: Yes!
While everybody was watching Bernanke drown gold, platinum jumped up and took his head off with a hatchet. Bernanke and his dollar are dead, and everyone knows it. Bernanke himself wants a weaker dollar. All economists want a weaker dollar. All finance ministers want weaker currnecies. But they can not have their cake and eat it too.
Gold backs the fiat system. Thus why gold is the only collateral of Central Banks. The further we get down the line, the more obvious it becomes. Gold has and will always back the financial system.
Fiat is dead and everyone knows it. It is discussed regularly on the MSM now. Platinum will lead the next move, and it will be the last move before the dollar's head is propped up on a stick.
Platinum on the Verge:http://lhmarketwatch.blogspot.com/2011/01/platinum-on-verge.html
Yep you just look at platinum as a release valve for it all. It's only 50:1 leverage and whenever there is a supply problem in gold or silver it jumps up and wont move. It's another one of my tells for what is real and not real. My best tell is if it goes down and stays down go sell an ounce and if they give you spot or above spot a bit for a coin the spread is still there. Or look at buying an ounce if price drops but spread cuts into it you know it's paper smash.
This is the almighty thor's hammer that they have left. They can barely budge it. It's out of control and it's scaring the SHIT out of them.