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Physical Sales Surge, as Paper Prices Plummet
Physical Sales Surge, as Paper Prices Plummet
Written by Nathan McDonald (CLICK FOR ORIGiNAL)
People are scared, the market is uncertain and the world is for all intents and purposes in a constant state of turmoil and flux.
The tragedy is France has spurred the government to go on the offensive against ISIS, leaving many to wonder what the ramifications of these events will bring. The turmoil in Greece is once again rearing its ugly head, as the country faces default all over again and global markets around the world are suffering.
This is exactly the type of market conditions that gold typically favors, yet despite this fact, the paper price of both gold and silver have been repeatedly beaten lower. Part of this is sheer manipulation of the bullion markets, which are highly corrupt, the other is because the dollar continues to grow in strength as the herd foolishly looks at it as a safe haven. They couldn't be more wrong.
As previously stated, you would think gold and silver would be moving higher. What you need to remember in times such as these, is the fact that there is two markets in precious metals. The highly corrupted artificial paper market, which currently drives the spot price; and the real, hold in your hand honest physical market.
These two markets SHOULD be moving in tandem, but as many of you know, they are horribly at odds with each other. Despite the crackdown on the paper price of precious metals, the physical market has continued to see massive sales.
The spread between spot and physical continues to widen. Anyone who attempts to buy the real physical metal and have it delivered to your location will quickly begin to understand how out of line these two markets have become.
The US Mint backs this story, stating that the sales of its ever popular US Gold Eagles surged by 400,000 ounces last quarter.
Typically this demand has been from the East, as they are deeply linked with precious metals and know its true value in times just such as these. Ironically, this is not the case, as most of the surge in demand has been originating from the United States.
The World Gold Council has reported that the demand for gold coins and bars exploded by 207% in the last quarter, perhaps signalling that investors are finally starting to see the writing on the wall.
Fundamentals are screaming for precious metals to move higher, but manipulation and the strength in the bogus fiat dollar have kept prices from moving up.
Regardless of these actions in the short term, this should be viewed as just another sale and a chance to add further to your position in anticipation of the eventual move higher.
Please email with any questions about this article or precious metals HERE
Physical Sales Surge, as Paper Prices Plummet
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Precious metals are insurance. It's there when you need it. Gold is money,nothing else. When CNBC is on,top left part on screen displays Gold and Silver prices. It's there for a reason. If by chance that it never appears across the screens of all types and cast aside, it's real.
The irony is that if one were to force the hand of the paper market (ie accumulate enought contracts and take delivery), the exchanges would likely change the rules immediately and stiff you to protect the paper hangers. They did that to the Hunt brothers.
guys you are at it again, squabbling among yourselves... gold is better, silver is better, bitcoin is better etc etc blah blah blah... seems you still don't get it...PM, Fiat, Paper, bitcoins, real estate..... they are all just tools, each with a specific purpose. Use the tool that you need.. for a store of wealth use GOLD... if you like speculation on the market use the gold/silver ratio. Buying hookers and blow; cash..
The more I read these comments the more I'm realising that there are people on here making "strong assertions" and forcing their "opinions" that haven't as much as a fuckin pot to piss in...
One bit of advice that has served me well over the years.. "don't take advice from someone who has/earns less than you"
In terms of this article, I don't understand why anyone even considers the spot price of gold anymore. It has no correlation to the actual cost of physical bullion - a simple graph of the physical price (and that means delivered and in your hand) will give you a much clearer insight to the overall trajectory.
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"Prices of gold and silver are going to SOAR... that's why I want to sell my gold and silver to YOU!" Give me a break. Anyone who followed these people's advice and bought gold and silver over the last few years, physical or otherwise, are getting killed.
BTW... In ZH's "favorite" place Israel, they have successfully created GOLD in a lab. There is a difference between this "artifical" version and natuaral gold, but this gold has all the really good qualities for industrial use. Silver won't be far behind. Wait and see what happens to the value of your physical gold and silver before long.
It is quite "easy" to create gold in a lab.
All it takes is a particle accelerator, and enough electricity where the resulting gold costs about $15,000 / oz.
And oh yeah, the newly-created gold is radioactive, and will melt your face off.
I think a realistic price using a particle accelerator comes close to 15 BILLION / ounce. Just saying. But you are right on the second issue : the resulting bullion will be burning your face off because of the radiation ....
yawn
I do not disagree that silver is useful. The problem I see is that central banks do not use it, they do use gold.
I believe after a major disruptive event gold will need to be reprice upwards to balance bank books. This will help gold but not silver.
If we enter a depression the industrial use of silver may decline. It does not take a huge decline to hit the price pretty hard.
Good luck to all in making your decision. I'm a doctor with absolutely no financial interest is the selling of any metals...just stating my opinion.
I will make some silver coins with a picture of FOFOA on it.
That should do it.
This is typical zerohedge propoganda
let me quote "People are scared, the market is uncertain and the world is for all intents and purposes in a constant state of turmoil and flux."
This kind of writting appeals to the socially unbalanced and paranoid white men who sell everything and buy land in the middle of nowhere and spend the rest of money on guns and canned food.
This piece is aimed at taking the last of thier money by selling them a metal that has no actuall use for them or their family
If gold was worth anything then we wouldn't need jewelrs and sites like this to schill for it
good things don't need advertising
I hope this message reaches someones and turns the light bulb on
This kind of writting appeals to the socially unbalanced and paranoid white men who sell everything and buy land in the middle of nowhere and spend the rest of money on guns and canned food.
***
All the time, when Noah was engaged in building his ark, the people laughed at him and called him crazy. But all those who laughed at Noah, eventually died. You're just one of those who at first laughed and then dies.
why should I listen to you, you cant even fucking spell.. good things don't need advertising? what space galaxy do you live in bud
you waited 2 years to make your first comment?
that looks like something a spook would do.
Babbling Marxist drivel about white man fantasies is the best you tards can do?
Silver may fall in "price" in the short term, once the world economy starts to unwind in a serious way. This will be, becasue most people will look to gold to hedge against inflation. These people will not sell their gold but horde it. Once the supply of gold starts to dwindle, Silver will rally back with a vengence.
Problems with gold versus silver start with the unit cost ratio versus silver.
Almost all gold mined is still in existence.
Paper gold has not been as mercilessly manipulated as silver paper because of the influence of institutional and governmental gold asset holders.
Silver mining has dwindled to incidental recovery as a by product of copper, nickel, and lead mining - pure silver mines were played out for the most part over one hundred plus years ago.
Down turn of economy will not deter the most significant modern day usage of consumer electronics - the smart phone. Silver is the most efficient conductor of electricity on a unit cost basis.
Economic recovery of silver in consumer electronics is not feasible, even in China. Economic recovery of silver used in most other modern day applications of silver is not feasible either.
The ten percenters will never stop wanting new consumer electronics, and they survive down turns to the economy just fine it seems.
Add in the newer industrial uses of silver that also shrug off economic issues out of necessity - medical wound dressings, water purification filters, etc., and you have a continuing demand for a metal whose annual production has been falling for decades.
So, you have an indispensable metal being consumed by industrial use constantly, declining in mining production, and under supply pressure to serve both the industrial and monetary silver markets.
Take away the paper manipulation of 2 - 300 times the available physical silver available in the market, and there's a problem with price discovery for the real deal versus fantasy paper silver that never existed.
Lastly, the uncertainty of a major economic event always moves people to seek out safe haven for their hard earned money. Fiat currency has a history of failure for thousands of years, a near perfect track record of failure.
Silver and gold have a five thousand year history of recognized value in times of uncertainty, more so than any other commodity you can name that is portable, incorruptible, stable, and internationally recognized.
To summarize, with silver spot trading for substantially less than the cost of production, I see no down side to investing in it as a safe haven.
If the whole world burns, silver will be a recognized form of currency far easier to trade with than anything else short of 22 LR ammo.
I would rather dance with the silver devil than take on Wall Street, Goldman Sacks Biters, JP Morgan Chase, banks, politicians, the Fed, the CIA, NSA, DHS, IRS, and all of the other thieves on the loose out there.
dup
Currently Out of Stock.... Alert me :)
They might as well just put that on the front page of Apmex.
Ya aint seen nothing yet. Just wait until people find out how real producers will treat folks trading gold for their fruits and labors. Once that starts paper everything goes down in flames. Its called price discovery and its only right.
Coinhead will be along with Buh Teh Bitcoin, but, fuck him.
Silver is the trade item of choice.
Ask the Romans.
They know which was worth more - their fiat, or pure silver, easy choice.
Been that way ever since world wide.
Party Pooper Alert!!!
Silver will crash as half of its price support comes from industry. Industrial demand will fall and the price will go screaming down.
Gold will hold firm and eventually jump higher as the only monetary metal....(history alert...silver was last used as a monetary metal in 1935 when the Chinese gave up on it. The US quit silver in the 1870s even though they kept making some silver coins and silver notes into the 1960s.
I really don't care, I have no position in silver and never will again. Those who still do will weep and those that heed my words will name their grandchildren after me (little LVP junior? ..catchy)
debt for equity? ill take that trade, you still think dollars have value
"Silver will crash as half of its price support comes from industry. "
You meant 'the tech industry'. Yea, it's not going away since it's in...well, everything. Keep clickin your heels Dorothy.
Hey, lasvegaspersona -
Funny how the US issued minted silver and gold coin as legal tender backing for it's fiat paper currency right up until 1964.
Several years more minting for 40% silver half dollars amongst other coin denominations - right up until 1976. Then, 1986 - present day, American Eagle silver dollars.
Silver and gold are still legal tender, just worth substantially more for content versus face value.
Both metals are worth substantially more today then they were worth in the Sixties, Seventies, Eighties, Nineties, and beyond to present day.
Your history lesson, and metals value evaluation skills need some work.
Hey Einstein before you pass silver up check this out. http://beforeitsnews.com/power-elite/2015/11/can-colloidal-silver-cure-every-known-illness-disease-even-cancer-aids-ebola-2-2450262.html
Now tell me if we have had the price artificially low, selling silver like its just plain rock???? What a bunch of fucking idiots we are if this is real? 15 bucks an oz ??? Can gold do this? Heal fucking everything? I love silver! I always will. Its the best metal there is by a long stretch. Only good will come from silver, its really a healer.
If only people knew the metal used in medical utensils could actually cure everything? WTF are we doing keeping it at 15 bucks an oz. Its fucking criminal. Im so sick of those who know nothing about this great earth we have been given.
Wait until they start researching oxygen... hydrogen peroxide and others... There is no money in them, but combined with silver there could be no disease, its just no disease is not profitable.
And it kills VAMPIRES and WEREWOLVES!! So it's got that going for it. Which is nice.
Maybe they are trying to use up all the silver before we can figure we could actually live longer and healthier?
This is what a smart guy does when he gets a cold. https://www.youtube.com/watch?annotation_id=annotation_2743222059&feature=iv&src_vid=nZ2_htS-bW0&v=Xur-oP3bmbc
Silver will do better than you think it will. It has tons of uses... some of which are medicinal, some military, but many many uses, the most of any metal, so it will be desired still. It would not lose 50% or even close from here and if it does there would be plenty of people looking to stock up. There is approx. only 10-15 years left of mine-able silver so only a fool wouldnt want some. I dont agree at all, other than if the manipulators want the price down it will be down, the question is, is how long will the manipulators be able to hold on to power? With the demand for silver and the fact that industry uses silver up to the point its not recoverable, it will completely run out before gold. Its is a precious resource, so I would be careful in assuming its going to be worthless. We started with a backed currency to attract people to the country, to attract people to real freedom. We have lost our way and its not going to be good. Silver will be there, its always has been, but wont always be. Think about that in today’s world of fake paper. People dont understand value that much these days. Silver has value and will have more value.
It should also be noted that the supply of silver will go down with decreased industrial activity because a good percentage of silver is produced as a by-product of copper mining. So some demand drop and some supply drop.
LVP is a big proponent of FOFOA's position on monetary metals, which is basically, gold=money and nothing else.
I contrast his position with that of Hugo Salinas Price, who is the biggest "name" I can think of that supports monetary silver.
I think having the debate between the two is a good thing.
Ultimately,
Gold is the money of kings;
Silver is the money of gentlemen;
Copper is the money of peasants;
But debt is the money of slaves.
You are correct, I am a follower of Fofoa. I started out open to all the gold writers on the web.. Logic and data drove me to see that only Fofoa could consistently answer my questions.
Is he right?
I think so.
I am 100 ...no but I can't find another place to invest so gold is at least a good default.
Sorry LVP I could not resist down voting you for being a fauning follower. Actually FOFOA is brilliant but I do not believe prescient and thrives on a circle of fauning followers punishing contrary opinion in his court of acolytes.
barter is the money of peasants
Barter is the money of the "poor" in a busted economy.
Barter is also how its done between friends.
Barter avoids giving the tax man a share.
I don't like to give the tax man anything.
The tax man can go fuck himself.
Exactly....., the only thing that I think could change the "pecking" order is just how much of a healer silver really is and how fast it runs out, there could be a chance for a historic position change, if the stars line up right? You never know. When the end of silver is in sight and we know that much more about it, it could be interesting. I dont think we should be giving it away as we do. We will see or some will for sure.
Gold... Silver?
Blonde... Brunette?
Why discriminate?
There should be plenty of room in your heart for both. Each is real money and the enemy of fiat theft (the bald, wig wearing $5 tranny with syphilis).
precisely
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