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| 03:16 AM | ||
| Users Online Now: 1,284 (Who's On?) | Visitors Today: 289,207 | |
| Pageviews Today: 380,494 | Threads Today: 121 | Posts Today: 1,482 |
| 03:16 AM | ||
Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol | |
| Mr. Silverstein User ID: 488191  United States11/13/2008 07:09 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 488191 United States11/13/2008 07:15 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol I am trying to acquire as much as 10,000 oz. of Silver but everybody is running out. I will no longer buy from on-line Bullion dealers even though this is how I first got started. There is too much time from when you actually purchase to when UPS actually delivers it and right now there is no guarantee it will ever arrive. So i hunt everywhere and make square deals faily locally, I will drive 5 hours in any directio to get Silver. |
| Anonymous Coward (OP) User ID: 488191 United States11/13/2008 07:22 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol I currently have 2,656 oz. Silver, well below the desired 10,000 oz. and I have been buying Silver since July. Silver is absolutely hard to find....which is creating a demand. True spot is now almost 110% over COMEX price. Silver will default harder that Gold in December, as people try to exchange their useless dollars for Gold to cover their short positions, silver follows Gold. Deals will be made to cover in Silver for Gold in some instances, which is legal on the exchange (Equal or Like value is the terminalogy) Silver will be raised in value by this, but silver is more heavily shorted than Gold so this will be a double whammy. Nobody want COMEX Palladium or Platinum in exchange...lol There is no external market for those two metals. |
| Anonymous Coward User ID: 68437  United Kingdom11/13/2008 07:29 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 11118 United States11/13/2008 07:52 AM Report Abusive Post Report Copyright Violation | |
| Jenn++ User ID: 144626 United States11/13/2008 08:07 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol In a market that is not manipulated, supply and demand determine the price. Because of the current scarcity of silver, economics 101 says the price should be going up. If the Crimex (Comex) futures market defaults in December, which is getting more likely, the real spot price of silver will emerge. Silver Eagles are going for $20 to $25 on eBay. This would make the spot price around 17 bucks or almost double the spot price that orginates from Crimex. Much more silver has been sold in the futures market than is available above ground. Because of massive shorting, silver has been dropping in price. Because of the huge difference between the spot price and the market price, many futures contracts that expire in December will want to take delivery. When Crimex can't produce the silver, they default and silver will do a moon shot. Jenn Rubbish, Sir! Quoting: Anonymous Coward 68437Silver will soon be back where it belongs: $1.98 per oz.    |
| Anonymous Coward User ID: 68437 United Kingdom11/13/2008 08:13 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol In a market that is not manipulated, supply and demand determine the price. Because of the current scarcity of silver, economics 101 says the price should be going up. Quoting: Jenn++ 144626If the Crimex (Comex) futures market defaults in December, which is getting more likely, the real spot price of silver will emerge. Silver Eagles are going for $20 to $25 on eBay. This would make the spot price around 17 bucks or almost double the spot price that orginates from Crimex. Much more silver has been sold in the futures market than is available above ground. Because of massive shorting, silver has been dropping in price. Because of the huge difference between the spot price and the market price, many futures contracts that expire in December will want to take delivery. When Crimex can't produce the silver, they default and silver will do a moon shot. Jenn Rubbish, Sir! Silver will soon be back where it belongs: $1.98 per oz. Silver won't ever "do a Moon shot". Crimex will default, tell the suckers "Fuck you. We declare 'force majeure', so you'll have to have worthless FRNs instead of physical silver." Then they'll carry on shorting in ever-greater intensity, because they have, in effect, "bottomless pockets". World governments, working together behind the scenes, will make civilian possession of PMs totally illegal for any purpose, backed up by harsh judicial punishments. The same governments have already stopped their Mints from producing any more silver and gold coins, bars etc. Welcome to the NWO. It's game over, man. GAME OVER!!! |
| Jenn++ User ID: 144626 United States11/13/2008 09:24 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol snip... Quoting: Anonymous Coward 68437Silver won't ever "do a Moon shot". Crimex will default, tell the suckers "Fuck you. We declare 'force majeure', so you'll have to have worthless FRNs instead of physical silver." Then they'll carry on shorting in ever-greater intensity, because they have, in effect, "bottomless pockets". World governments, working together behind the scenes, will make civilian possession of PMs totally illegal for any purpose, backed up by harsh judicial punishments. The same governments have already stopped their Mints from producing any more silver and gold coins, bars etc. Welcome to the NWO. It's game over, man. GAME OVER!!! A moon shot to me is a doubling in price. I can easily see 18 dollar silver after a Crimex default. |
| Anonymous Coward User ID: 322321  Mexico11/16/2008 01:07 AM Report Abusive Post Report Copyright Violation | |
| rken User ID: 552202  Thailand11/16/2008 04:00 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol |
| Rken User ID: 552202 Thailand11/16/2008 04:02 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 552206 United States11/16/2008 04:26 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol silver can't crash below the actual cost of mining it out of the ground pan american silver mines at around 9.75 an ounce so if spot went to 2 bucks an ounce guess what, there wouldn't be a mine in business so guess what... no silver coming out of the ground... btw i think op meant to say he bought one 10 ounce at 19.50 per ounce i seriously doubt he bought 100 ounces for 195 |
| Anonymous Coward User ID: 551425  Australia11/16/2008 04:30 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 551425 Australia11/16/2008 04:31 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 552206 United States11/16/2008 04:37 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 535097 United States11/16/2008 04:41 AM Report Abusive Post Report Copyright Violation | Re: Bought another 100% of Silver yesterday, went to 4 places on 1 place had Silver 100% above spot price ...lol Rubbish, Sir! Quoting: Anonymous Coward 68437Silver will soon be back where it belongs: $1.98 per oz. Sure... and when that occurs your house will be at .57 per square foot... and your "food" preps will be at whatever the price of mold is. |
