Win
NES Member
The Fed might never hike rates again. Here are growth stocks for the long run, according to one strategist
This is getting to be a more popular view
This is getting to be a more popular view
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Gold and silver prices are down
- Thread starter Rider
- Start date
Certainly, though we have had 3 times Gold (manipulators and weak investors) has tried to break down below $1900 and each time it was heavily bought up to the $1920’s. That’s very bullish. I’m talking bull in the dollar-shop bullish.
Even as we close today in a few minutes we’ve held on and my miners have shot up as much as another 15%.
A good read
alan226
NES Member
lol. Fair is relative term
Feral
NES Member
Watch you change... looks like people are turning in grandpa’s change jar... got this one today getting coffee at Cumbys!!! 1900% profit.
Varmint
NES Member
Try going to the bank and getting rolls of dimes and quarters. I got a roll of silver quarters that way. Wish I'd bought more than one.
richc
NES Member
The United States Is Going Into Hyperinflation
Deficit to outlay ratio tops 60%, above the hyperinflationary threshold of 40%. Q2 2020 GDP shrank 31.7%, but will improve in Q3 2020.
seekingalpha.com
HappyHarry
NES Member
The United States Is Going Into Hyperinflation
Deficit to outlay ratio tops 60%, above the hyperinflationary threshold of 40%. Q2 2020 GDP shrank 31.7%, but will improve in Q3 2020.
Very interesting... and very scary.
Like an entire roll was all ‘63’s?
Agreed. 30-1 is retail sell, 20-1 is retail buy. Pick a number, PM me.
Varmint
NES Member
Yeah crazy huh? I told the story here before, I plugged a half dozen of them into a Cambridge parking meter before figuring out why the meter wouldn't accept them lol.
Varmint
NES Member
It's brilliant. It lets the government spend limitless borrowed money without raising taxes. The rich get super rich, while the masses lose income without even realizing it, and when they get angry they attack the wrong people.
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Ohio Pension Fund jumps into gold market with 5% allocation
Ohio Pension Fund jumps into gold market with 5% allocation
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
www.kitco.com
not new guy
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What are they buying though? Shares of gold or some shit like that? I assume they're not taking delivery.
Can't say; the article doesn't give specifics.
Common practice coming up for Pension Boards. There are a few miners I’ve owned that have investors from big pension funds for public employees. A smart move if you ask me.
www.northernontariobusiness.com
Ontario Teachers buy US$300 million cash stake in B.C. gold mine
New Gold strikes partnership deal with Pension Plan to pay down debt
www.northernontariobusiness.com
Varmint
NES Member
Ohio Pension Fund jumps into gold market with 5% allocation
Ohio Pension Fund jumps into gold market with 5% allocation
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals priceswww.kitco.com
The gold bull market is just getting started. This kind of things is going to snowball. Wait til they start buying mining stocks.
Varmint
NES Member
GLD and other ETFs most likely.
Silver pushing $29.00 today, let's see if it can pull a $30.00 break out. That 30 is a hard number where sellers seem to show up in droves.
Varmint
NES Member
$29.25 was previous high, that's what we need to break through.
The funny thing is silver miners have only priced in like $20 silver.
CoastieRon
NES Member
anyone use JM Bullion to SELL back coins? For my stack, their buy back price is almost $1 - $2 per oz HIGHER than spot - my average per oz is $18.43 at purchase - making my spread (profit) 59-ish %. I have a couple of things I want to do....
not new guy
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You're probably better off selling on here if you're so inclined.
^^^ Agreed!
Post what you have and I'm sure you can get similar or even better from a local forum member.
CoastieRon
NES Member
I sell on here, I'm going to be inclined to sell spot minus say $0.50 an oz. I'm more interested in maximizing the profit point. I have a good chunk of silver and would be pairing back maybe everything BUT my eagles.....
CoastieRon
NES Member
I'm going to re-inventory tonight. I believe my Eagle number is lower than what I have on my sheet, I have given an Eagle to each of the Scouts making Eagle Scout in my troop. I think I am down 8......
But as for other stuff, I believe I have:
1oz Austrian Silver Philharmonics
various British mint 1oz coins
1oz Canadian Maple Leafs
1oz Armenian Silver Noah's Arcs
1oz rounds (Buffalo Silvers, Sunshine Morgans, SilverTown St. Gaudens)
SMI 1oz bars
Sunshine Silver bars
A-Mark 10oz bar
PM me your interest LOL
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If anybody is interested, will trade gold (1oz) or premium silver coins (BU, proof) for stackable generic bars.
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