Re: SILVER
For those who are bullish on Silver
http://www.resourceinvestor.com/pebble.asp?relid=45097
For those who are bullish on Silver
http://www.resourceinvestor.com/pebble.asp?relid=45097
Silver price discussion and analysis
- Thread starter RALPH5
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Re: SILVER
It seems investment silver is incredibly tight now and has been getting tighter for a few months.
Kitco and Perth Mint are out, AGR Mathey just closed silver operations, while having a large amt of silver on loan from Perth Mint. Hommel asks if its a $500m silver default? (I certainly don't agree with all Hommel writes but most of his info here is fairly well documented and just joining the dots.)
http://silverstockreport.com/2008/nadler.html
The US Treasury has also suspended the minting of silver eagle coins, and so on. Investment silver is only around 10% of the total silver market, but if this shortage rolls over into other areas it must finally start to affect price.
It seems investment silver is incredibly tight now and has been getting tighter for a few months.
Kitco and Perth Mint are out, AGR Mathey just closed silver operations, while having a large amt of silver on loan from Perth Mint. Hommel asks if its a $500m silver default? (I certainly don't agree with all Hommel writes but most of his info here is fairly well documented and just joining the dots.)
http://silverstockreport.com/2008/nadler.html
The US Treasury has also suspended the minting of silver eagle coins, and so on. Investment silver is only around 10% of the total silver market, but if this shortage rolls over into other areas it must finally start to affect price.
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Re: SILVER
Another factor I haven't seen written about, yet is bullish for silver prices, is that crashing base metal prices will curtail the supply of silver since 70% of world silver supply is produced as by-products of other metals, especially zinc.
Four Australian miners have closed zinc mines in the last three months! INL being the latest.
http://www.wabusinessnews.com.au/en-story.php?/1/66267/Falling-zinc-price-claims-another-mine-
Another factor I haven't seen written about, yet is bullish for silver prices, is that crashing base metal prices will curtail the supply of silver since 70% of world silver supply is produced as by-products of other metals, especially zinc.
Four Australian miners have closed zinc mines in the last three months! INL being the latest.
http://www.wabusinessnews.com.au/en-story.php?/1/66267/Falling-zinc-price-claims-another-mine-
michael_selway
Coal & Phosphate, thats it!
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Re: SILVER
Hi great article, thanks
At one stage Zinc was darling, now its not....
Hi great article, thanks
At one stage Zinc was darling, now its not....
Re: SILVER
Yes friend for the time silver is very tight. If willing to trade in it have proper analysis about it.
Yes friend for the time silver is very tight. If willing to trade in it have proper analysis about it.
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Re: SILVER
even though MMN shares have drop drastically (along with everything else) you doubt little movement in the near future?
even though MMN shares have drop drastically (along with everything else) you doubt little movement in the near future?
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Re: SILVER
and if they are stopping the minting of silver and the same quantities are not being produced due to the closure of zinc mines etc. then wouldnt that drive the prices up? supply/demand? im new to this so.....
and if they are stopping the minting of silver and the same quantities are not being produced due to the closure of zinc mines etc. then wouldnt that drive the prices up? supply/demand? im new to this so.....
Re: SILVER
Found a reference to this article elsewhere. Message seems to be that the PoS is driven by and amplifies the PoG. Sounds reasonable to me.
http://www.compareshares.com.au/zeal64.php
Worth a read by silver buffs IMO.
Found a reference to this article elsewhere. Message seems to be that the PoS is driven by and amplifies the PoG. Sounds reasonable to me.
http://www.compareshares.com.au/zeal64.php
Worth a read by silver buffs IMO.
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Re: SILVER
Wow, just look at the buyback spread right now for silver bars!
http://www.ainsliebullion.com.au/Pricesheet.pdf
It's positive over base value by almost 6%. Demand must be unprecendanted.
Gold is obviously still underloved with available stock and low spread.
Wow, just look at the buyback spread right now for silver bars!
http://www.ainsliebullion.com.au/Pricesheet.pdf
It's positive over base value by almost 6%. Demand must be unprecendanted.
Gold is obviously still underloved with available stock and low spread.
Re: SILVER
One kilo silver bars were selling on eBay for about $640. Ainslie were some of the worst shonks I ever dealt with they are probably ripping people off that are buying from them in this current environment.
Wow, just look at the buyback spread right now for silver bars!
http://www.ainsliebullion.com.au/Pricesheet.pdf
It's positive over base value by almost 6%. Demand must be unprecendanted.
Gold is obviously still underloved with available stock and low spread.
One kilo silver bars were selling on eBay for about $640. Ainslie were some of the worst shonks I ever dealt with they are probably ripping people off that are buying from them in this current environment.
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Re: SILVER
Actually, I just gave them a ring and they are asking $615 for 1kg silver for immediate delivery and soon will only take delayed deliverys.
goldbullionaustralia is worse, asking $660 for immediate and $570 for 15 weeks delay.
ausbullion, none at all until Feb 2008. (15 weeks approximate too)
But yeah, ebay prices are more accurate at this point of time.
It's crazy at current base value, over 20% spread! Might as well buy physical backed ETCs and then take deliveries later when spread is less...if that would happen. Too much emotion right now in terms of grabbing every single physical bars out there...
Actually, I just gave them a ring and they are asking $615 for 1kg silver for immediate delivery and soon will only take delayed deliverys.
goldbullionaustralia is worse, asking $660 for immediate and $570 for 15 weeks delay.
ausbullion, none at all until Feb 2008. (15 weeks approximate too)
But yeah, ebay prices are more accurate at this point of time.
It's crazy at current base value, over 20% spread! Might as well buy physical backed ETCs and then take deliveries later when spread is less...if that would happen. Too much emotion right now in terms of grabbing every single physical bars out there...
Re: SILVER
To buy 1 oz Kookaburra prob $30 - $35
If you want to sell it check up some eBay prices for what it is roughly going for, as sometimes you can squeeze a few more dollars out of em.
To buy 1 oz Kookaburra prob $30 - $35
If you want to sell it check up some eBay prices for what it is roughly going for, as sometimes you can squeeze a few more dollars out of em.
Someone help me PLS.....
I would like to buy some silver bar or block. I call Ansilee and they told me they have 1kg and 13kg silver bars and blocks. I would like to find out why 1kg bar don't have a series number on the bar but the 13kg bar have the series number. Besides, they told me the mint stamp for the 13kg block is "BHAS" mint stamp with the 999 and the series number on it. Can someone tell me "BHAS" is what company ot mint? I am a new invester last and I only have a perth mint silver and gold bars. IS the "BHAS" a oversea mint or company?
Thank you
I would like to buy some silver bar or block. I call Ansilee and they told me they have 1kg and 13kg silver bars and blocks. I would like to find out why 1kg bar don't have a series number on the bar but the 13kg bar have the series number. Besides, they told me the mint stamp for the 13kg block is "BHAS" mint stamp with the 999 and the series number on it. Can someone tell me "BHAS" is what company ot mint? I am a new invester last and I only have a perth mint silver and gold bars. IS the "BHAS"
a oversea mint or company?Thank you
arco
action-reaction
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Re: SILVER
BHAS = Broken Hill Associated Smelters
BHAS = Broken Hill Associated Smelters
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Re: SILVER
Well, I'm very bullish on Silver for this year.
Once we see the US treasury bonds blow up (some time in March April this year) and yet another US housing market bubble to burst this year (not sub prime loans this time), and a whole heap of US Bank defaults due to over $90 trillion "US Bank Derivative Exposure" (old news).
And now a trillion or more stimulus package for the USA later in the month that is going to hurt the US dollar AND not to mention that the FED interest rate is down to 0 - 0.25%. And of course over 8 Trillion dollars to bail out dead company's. AND, commodities to be going up in price earlier than most non-commodities stocks.
Yea, that is a very good reason to be Bullish on Silver.
It is all fundamentals really in the end.
However. It has been proven that the central banks have been shorting Silver and Gold and continue to do so. Most of that info can be found on GoldSilver's Michael Maloney interview Videos
Buy up the Bullion while its cheap. Then go for the Gold mine shares (that are still operational)
Also, I'm expecting the central banks to short Silver and Gold to a new low possibly around the time the bond markets goes down around march (may or may not happen, well seee). That's if the COMEX has not already defaulted in February 09.
Remember, the banks use ETF and other contracts to short Silver and Gold. Stay away from the Silver paper, and trade Silver Futures to help profit from last years losses (if any)
Well, I'm very bullish on Silver for this year.
Once we see the US treasury bonds blow up (some time in March April this year) and yet another US housing market bubble to burst this year (not sub prime loans this time), and a whole heap of US Bank defaults due to over $90 trillion "US Bank Derivative Exposure" (old news).
And now a trillion or more stimulus package for the USA later in the month that is going to hurt the US dollar AND not to mention that the FED interest rate is down to 0 - 0.25%. And of course over 8 Trillion dollars to bail out dead company's. AND, commodities to be going up in price earlier than most non-commodities stocks.
Yea, that is a very good reason to be Bullish on Silver.
It is all fundamentals really in the end.
However. It has been proven that the central banks have been shorting Silver and Gold and continue to do so. Most of that info can be found on GoldSilver's Michael Maloney interview Videos
Buy up the Bullion while its cheap. Then go for the Gold mine shares (that are still operational)
Also, I'm expecting the central banks to short Silver and Gold to a new low possibly around the time the bond markets goes down around march (may or may not happen, well seee). That's if the COMEX has not already defaulted in February 09.
Remember, the banks use ETF and other contracts to short Silver and Gold. Stay away from the Silver paper, and trade Silver Futures to help profit from last years losses (if any)
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Re: SILVER
It amazes me how the Gold and Silver price was effected by the US Dollar (and that includes all other world currency) when it was finally taken off the Gold standard.
This Chart shows how the price of Gold and Silver was effected by this move in 1971, due to the deflation of the Dollar. And of course the volatility of the markets got worse over time as well, but that's why we can make a faster return. And also the reason why more and more people become Millionaires or Billionaires over the years.
It amazes me how the Gold and Silver price was effected by the US Dollar (and that includes all other world currency) when it was finally taken off the Gold standard.
This Chart shows how the price of Gold and Silver was effected by this move in 1971, due to the deflation of the Dollar. And of course the volatility of the markets got worse over time as well, but that's why we can make a faster return. And also the reason why more and more people become Millionaires or Billionaires over the years.
Re: SILVER
After listening to Dr Marc Faber and Jim Rogers I'm quite scared by what might be coming.
I'd like to buy some plaine tradable physical silver to protect myself.
But I'm aware that 1oz of 09 koala silver coin by perthmint is sold for 38 AUD, about 20 dollars higher than the Kitco quote. I understand physical metals are priced higher than paper metals. but is it really by this big margin?
Does this mean that at the moment I can only purhcase silver at such high price in Aussie term?
who are your preferred dealers where you guys purhcase precious metals?
After listening to Dr Marc Faber and Jim Rogers I'm quite scared by what might be coming.
I'd like to buy some plaine tradable physical silver to protect myself.
But I'm aware that 1oz of 09 koala silver coin by perthmint is sold for 38 AUD, about 20 dollars higher than the Kitco quote. I understand physical metals are priced higher than paper metals. but is it really by this big margin?
Does this mean that at the moment I can only purhcase silver at such high price in Aussie term?
who are your preferred dealers where you guys purhcase precious metals?
explod
explod
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Re: SILVER
For 12 months now I have been buying Australian 1966 round 50cent pieces. Most dealers have them or you can (and I have) buy on ebay. They are 80% silver or general rule three coins to an ounce of silver. You can still pick them up for about $6 each which is good value in my view.
For 12 months now I have been buying Australian 1966 round 50cent pieces. Most dealers have them or you can (and I have) buy on ebay. They are 80% silver or general rule three coins to an ounce of silver. You can still pick them up for about $6 each which is good value in my view.
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Re: SILVER
With all the focus on Gold movement ,it might be timely to acknowledge silvers up trend too.Currently sitting at around $16.00
Explod, wondering if you could give an opinion on the trend .It seems to be more or less in lock step with gold..which ,I believe is the norm.
And where are you, Refined Silver? ..some words?
Cheers Ya'll
With all the focus on Gold movement ,it might be timely to acknowledge silvers up trend too.Currently sitting at around $16.00
Explod, wondering if you could give an opinion on the trend .It seems to be more or less in lock step with gold..which ,I believe is the norm.
And where are you, Refined Silver? ..some words?
Cheers Ya'll
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