boilermaker
NES Member
...And once you buy something I will call you twice a week!
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Gold and silver prices are down
- Thread starter Rider
- Start date
I started a basement call center. I will pay top dollar plus benefits. You in?
alan226
NES Member
You mean Pete Buttigieg?
Finally a nice looking chart on silver.
richc
NES Member
I got an eBay bucks offer this morning of 5%. On top of a decent price.
US Gold $20 Liberty Head Double Eagle - Brilliant Uncirculated - Random Date | eBay
Find many great new & used options and get the best deals for US Gold $20 Liberty Head Double Eagle - Brilliant Uncirculated - Random Date at the best online prices at eBay! Free shipping for many products!
www.ebay.com
Is Ebay NOT charging the MA sales tax on over 1K purchases?
barnabus
NES Member
I haven’t been charged.
55_grain
NES Member
For numismatics only, not bars/rounds/platinum
So if I bought a 100 OZ bar of silver in a MA store, I would be charged sales tax?
Fed will be the last hiker standing.
Anyone else sniffing out a steady rise in gold prices from here on in?
Win
NES Member
I have concerns about the next rate hike on the 2nd
Apmex purchased 100k silver eagles recently with a $15 premium hence the $19.99 premium they are currently asking. Very tight supply and silver could be outperforming gold in the near term.
As Physical Silver Demand Soars, Bullion Dealers Offer Huge Buy-Back Premiums
As Physical Silver Demand Soars, Bullion Dealers Offer Huge Buy-Back Premiums For those who have been keeping an eye on silver, things are...
www.nxtmine.com
Can you elaborate? It HAS to be at least another .75bps hike, don’t you think?
Win
NES Member
I think you are right - likely .75bps. Potentially creates another selloff in everything including PMs.
Here's my basic experience... I value, enjoy owning PMs, and expect others to either buy more than they currently have or start to buy PMs if they have none. I've historically been confident that this, mass buying of PMs is imminent, and have therefore seen every data point (fed decision, cpi reading, etc) as the moment that this will occur. My sense now is that this will occur over time - several years. I think there might be some big days in there but the totality of the move could take a decade or more IMHO. Again JMHO and based solely on experience. I don't have any special information or unique knowledge that I'm working from.
NHCraigT
NES Member
As Physical Silver Demand Soars, Bullion Dealers Offer Huge Buy-Back Premiums
As Physical Silver Demand Soars, Bullion Dealers Offer Huge Buy-Back Premiums For those who have been keeping an eye on silver, things are...
View: https://twitter.com/zerohedge/status/1585383905993129988?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1585383905993129988%7Ctwgr%5E92a4a312d28087af4c656fc19e951a9d58514737%7Ctwcon%5Es1_&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage5266946%2Fpg1
View: https://twitter.com/zerohedge/status/1585217464371142657?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1585217464371142657%7Ctwgr%5E92a4a312d28087af4c656fc19e951a9d58514737%7Ctwcon%5Es1_&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage5266946%2Fpg1
View: https://twitter.com/WallStreetSilv/status/1585129449389191172?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1585129449389191172%7Ctwgr%5E92a4a312d28087af4c656fc19e951a9d58514737%7Ctwcon%5Es1_&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage5266946%2Fpg1
413guy
NES Member
Always nice when the girl finds em for face value at work…taught her well, bring those home to me I’ll make it worth it. Two bucks in quarters and a Roosevelt dime last month. Slow and steady wins the race as they say.
richc
NES Member
Apmex's premium is more than spot price!
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Win
NES Member
“Among large buyers were the central banks of Turkey, Uzbekistan, Qatar and India, but the WGC said a substantial amount of gold was also bought by central banks that did not publicly report their purchases.” Hint hint
It feels like ‘68-‘70 all over again.
Record central bank buying lifts global gold demand, WGC says
Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
www.kitco.com
It feels like ‘68-‘70 all over again.
Win
NES Member
The only thing I'm buying right now are world silver coins that are selling for the price of their silver content and even there I'm spending peanuts. Everything else seems destined to continue to fall. I'm sure they will rebound but it doesn't seem imminent. It feels like any money I might spend on PMs now is money that I could have used to buy more PMs in the future.
Individualist
NES Member
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Agreed. Major areas of support rounded are at $1570 1450, 1270, 1170. I can see us getting into the 15’s or possibly 14’s.
Hopefully not lower unless the economy really tanks, but a major floor around $1200+- still looms. That would be pretty drastic however.
I think if the GOP wins back in Nov then we could see a pro-business bump until forecasts around the presidential election kick in.
Hopefully not lower unless the economy really tanks, but a major floor around $1200+- still looms. That would be pretty drastic however.
I think if the GOP wins back in Nov then we could see a pro-business bump until forecasts around the presidential election kick in.
Any thoughts on GDX and GDXJ rising over 8%? Sustainable? Decoupling from general markets? Of course the USD drop might or might not last due to over bought status but the selling of treasuries and illiquidity of the treasury markets might be the nail in the coffin.
Agnico Eagle Mines - Pan American Silver Offer Around $5B To Buy Yamana Gold
BY BENZINGA — 11:01 AM ET- Yamana Gold Inc (NYSE:AUY) received an unsolicited binding proposal from Agnico Eagle Mines Ltd (NYSE:AEM) and Pan American Silver Corp (NASDAQ
AAS) to acquire the company in an almost $5 billion cash-and-stock deal. - Total consideration consists of $1.0 billion in cash and the issuance of approximately 153.5 million Pan American shares and approximately 36.1 million Agnico shares.
- Under the terms of the offer, Yamana shareholders would receive $1.0406 in cash, 0.0376 of an Agnico Share, and 0.1598 of a Pan American Share for each share held.
- Gold Fields Limited (NYSE:GFI) had agreed to acquire Yamana Gold for $6.7 billion in May. The outstanding Yamana Shares will be exchanged for 0.6 of an ordinary share of Gold Fields.
- Yamana informed Gold Fields that the new offer constitutes a "superior proposal" and has five days in case it wants to amend its existing offer.
- A special meeting of Yamana shareholders to consider the Gold Fields Arrangement is scheduled for November 21.
- Price Action: AUY shares are up 17.6% at $4.80 on the last check Friday.
Win
NES Member
The most interesting piece, to me anyway, is that we got a 75 BP rate hike and the dollar fell.
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Great condition too. Kudos
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