According to SilverDoctors, that's when war was declared on gold and silver by NWO-controlled governments and that "you should continue to buy more! Price does not matter!!!". There were some dire warnings that "The government may simply stop minting silver coins, for national security, or any reason it may want to justify while it protects its fiat flanks." Exciting times! http://www.silverdoctors.com/gold-and-silver-war-unofficially-declared-on-12-april-2013/
All i know since 2013 is that every time i read one of these threads Chocolate Popcorn sales go up at my local milk bar. REDBACK
I like it, so my recent post on who is being played should have been titled "silver investors are getting rizfukted" paying too much premium.
We are discussing about a price that is made by speculators praying to their gods ben, yanet, ... and aditionally fired by western bancrupt goverments which goal is to inflate fiat money to reduce their dept and want to get their fingers on middle class live savings. Bullions are the insurance to be prepaired for a financal meltdown and maybe after 100years fiat experiment we are close to that, maybe not. Premium is the price you have to pay to get your finger on what you want, if you really don't want to have your fingers on it you are nothing more than a speculator and you better buy only paper promise that even not make you belive it is backed. Premiums show more people do not trust any longer and are willing to pay. If todays paper price of silver is the real value of silver in a few month the premium will disapear again. So you paid too much for your insurance. I have a lot of insurances (life, fire,cars, health...) i will never again see only one cent back for owning it - do i care about ? No, as i hope to never have to use these insurances. For me one point is more clear than ever over the last decade, the insurace of my bullions will be payed back, if not to me my children will be payed back.
Premiums are the price of impatience. Stackers are generally a patient lot, buying here and there when it is cheap, when few want it.
Interesting....as I sometimes see myself as being a little of both at times, that sort of makes me a patience challenged stacker! .
It's all from Indian demand. Trust me, I got it from http://mensnewsdaily.com. [youtube]http://www.youtube.com/watch?v=uvw61XY_ZUg[/youtube] http://mensnewsdaily.com/2015/09/17/indian-silver-demand-is-now-causing-a-global-tectonic-shift/
What's behind the unexpectedly high physical silver demand recently? there are two creaters need fillin up
Reporting: Ok large bullion dealer in Sydney sold their entire coin delivery for this week. Can't keep up with demand. Average sale >$10k Won't be reporting again. My take, have metal. Keep metal.
I remember you were paying more for ase wholesale than you were retailing kooks, I don't remember seeing so many out of stock signs though.
are you just trying to stir conversation like the media channels do :/ I mean come on SilverPete You've been around a while now and you know the score why ask such a leading question ? bored are you?
Does this finally mean that the bottom for silver in this current 4+ year bear market is now in the history books? Is the apparently sustaining volatility in the paper markets driving more investors now to PM's? Does anyone here have a working crystal ball? .
@wrcmad no source available, only conspirytheory based on good stories of welfare banking industry that put the world into great depression only to get the biggest profit ever even they know that it will destroyed the middle class. if you have two extra hours watch the InsideJob it brings back some stories and names in your mind and you can clearly see nothing has and wont change until the system implodes totally. best wishes to all on this day. on this day many promises made by any company will be worthless. you wont care about any premium you paid over the last years. until this day try to use the casino system to make extra cash and buy physical from your personal bankster profit.
if you started stacking near the date you register on ss its clear why you are a bit pissed and you think there are only conspiracy theorists on this board who are still bullish. its still very profitable to unload 2008-2010 Lunars and buy much more worthless silver. no reason to be pissed even after a 4 year bearmarket
My stack is well in the black on all purchases... thanks to your so-called 'casino'. I am not pissed about a bear market. As I have stated hear many times before - I only go into investments I can protect myself against, with open eyes. In fact, I am not pissed at all. (a little amusing that you assume that). And I still hold a stack because I am long-term bullish. I also don't think there are only conspiracy theorists on this board who are still bullish... me being an example. I just sometimes tire of the absolute rubbish plastered from thread to thread by those who make up BS to justify their holdings to themselves. By all means state your case... but it is much more helpful and informative to everyone if it is based on fact....