Gold to drop to $1000 or Maybe $900

Discussion in 'Gold' started by Ronnie 666, Apr 27, 2013.

  1. thatguy

    thatguy Active Member

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    Just buy unallocated/paper PMs and convert when premiums stabilize.
     
  2. menotcrimex

    menotcrimex Member Silver Stacker

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    I wonder what a list of future gold prices with dates would be worth to someone. The list would be accurate to 80+ %

    Just throwing it out there
     
  3. Phiber

    Phiber Well-Known Member Silver Stacker

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    Yeah!
    I am thinking of selling my cristal ball - got a proven track record of 80+%

    PM offers :)
     
  4. menotcrimex

    menotcrimex Member Silver Stacker

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    No crystal ball involved.

    Glad to hear yours was a winner....lol

    I remain a skeptic with a sense of humour
     
  5. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    I think Bullion Baron would not agree:

    http://www.bullionbaron.com/
    neither would Bron:
    http://goldchat.blogspot.com.au/2013/04/comex-stock-drawdown-single-most.html
     
  7. radiobirdman

    radiobirdman Well-Known Member Silver Stacker

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    I've got one for you, gold $1448.35 on the 10/05/2013. 100% accurate.
     
  8. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Time will tell - let us see what happens by September. If Bron is right and the Perth Mint has all the silver it needs and bullion problems are purely a production issue (definitely not supply ?) why have they suspended production of most coins (Snakes, Kooks and Koalas) at a time when we have massive demand ?? That does not sound like a good business plan ? I have no doubt that production problems are part of the tale but equally I have no doubt that supply is an issue. Time will tell when industrial supply becomes critical. Bullion supply is easy to fob off, industrial supply not so easy. I suspect that refineries are churning out industrial product at this time to prevent and industrial run on supply. If supply is critical as I suspect it is, this will worsen as prices remain low.
     
  9. Numismatist

    Numismatist New Member

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    You just answered your own question.
     
  10. TheEnd

    TheEnd Well-Known Member

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    Dropping rapidly again tonight....... How low will it go before close time?
     
  11. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    What answer ?????? If production was the problem you work 24/7 and increase staff. You tell people to expect delays you DO NOT SHUT OFF PRODUCTION. Clearly you have no real business experience.
     
  12. thatguy

    thatguy Active Member

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    If they want someone to work graveyard.. i'll put up my hand. I'll even buy all my errors off them @ spot price... i'm just such a nice guy!
     
  13. bron suchecki

    bron suchecki Active Member Silver Stacker

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    Been over this production capacity shortage vs raw material shortage before.

    How many 1000oz bars do you want? We actually have too much silver coming out of the refinery at the moment. Looking to boost small bar capacity but for the foreseeable future we will be outputting excess raw silver.
     
  14. TheEnd

    TheEnd Well-Known Member

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    Does this mean Perth Mint will have some cheap Silver for sale in the coming months.....I'm about a month off re stocking my Silver stack and will be ready to purchase about 10k worth.
     
  15. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Too much silver!

    So why the suspension of your coin products?

    H
     
  16. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    After all Bron the small coin products have the greatest mark up and must be the more profitable item for the PM. Why suspend production if you have tons of supply ?
     
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Disconnect?
    Supply issues?
    .....
    A big hole was just blown in that bunch of propaganda.

    :lol: :rolleyes:
     
  18. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Wrong thread
     
  19. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Who's propaganda ? The idea that silver is flowing in bulk from the producers, or the fact that silver metal supply is tight? I think the only propaganda I hear is that there is a ton of supply. 99% of the silver sales these past weeks were paper contacts, backed by nothing at all. The phyz metal was bought not sold. I smell a short squeeze in a very small market.
     
  20. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    You are confused as to what is propaganda.
    There is literally a tonne of supply.
    Want 1000oz bars. No fkn worries! :lol:

    http://forums.silverstackers.com/topic-40029-1000oz-bars.html

     

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