APMEX CEO on CNBC

Discussion in 'Silver' started by CriticalSilver, Apr 6, 2011.

  1. CriticalSilver

    CriticalSilver New Member Silver Stacker

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    http://video.cnbc.com/gallery/?video=1869072272

    - Host drools and giggles over gold coins and silver bars
    - Unprecedented demand, APMEX expects to sell over 10,000,000 items this year
    - It's a one-way trade - people are not selling, only buying.
    - APMEX buying stocks from sovereign nations USA, Australia, Austria, Swiss, etc.
    - stocks and bonds are not cutting it anymore.
    - Need 4% - 12% allocation in PMs to hedge against global risks
    - Portfolio diversification into PMs from public starting to hit
    - A rebalancing of portfolios is occuring
     
    CriticalSilver, Apr 6, 2011
    #1
  2. Nub Cannon

    Nub Cannon New Member

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    I can't wait for silver get all of the spotlight in the MSM, those will be interesting times:p
     
    Nub Cannon, Apr 6, 2011
    #2
  3. goldpelican

    goldpelican Administrator Staff Member

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    Nice to see the Perth Mint product on the table :)
     
    goldpelican, Apr 6, 2011
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  4. Agauholic

    Agauholic New Member

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    phase 3 beginning bitches
     
    Agauholic, Apr 6, 2011
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  5. Nub Cannon

    Nub Cannon New Member

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    I think phase 3 will start when we have daily jumps in price that are significantly higher than $1 and silver makes headlines everyday on the MSM :cool:
     
    Nub Cannon, Apr 6, 2011
    #5

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