Recent content by banks kept their metals

I flipped some gold in Fall of 2011 (GSR 46.62), Spring of 2013 (GSR 52.23), Fall of 2014 (GSR 63.82) and again this spring at a GSR of 74.59. Hindsight I would have waited for today but it's impossible to time the markets. One day in the future, I'm convinced we'll see GSR at 50 once a again...

I just looked at the cost of tubes today, and after you add the currency exchange from USD to CAD, gee, it's about the same price for an oz of silver as when I bough in Novemebr 2013. so maybe the USD price per oz is dropping and people freak out wwhen they see this, when your currency also...

Hoping these prices can stay this low for another 15 hours and that the USD don't rise too much so I can go to my coin shop and grab a tube or two.

Someone is selling big at the moment. Going to be an interesting week.

You got it, I do keep a few months worth of cash in both CAD and USD currencies for emergencies, along with PM's. I also have some in Safety Deposit boxes, actually, I have a safety deposit box in 2 countries (and USA is not one of them). Need to keep your options open.

I'm guessing it would work something like this if I was in Greece (but I'm in Canada so maybe I'm completely off the mark here) I need say 500 extra Euro's to help pay my brother's rent. I'd go down to my safe, grab say 25 to 30 oz's of silver coins. The coins are Canadian Maples, marked with...

Bought more silver today. all this Greece drama, and the China market slump, and the FED likely finding yet another excuse to not raise the interest rates. just had to buy a few tubes of Maple Leafs. One day, people will realise the people who are in charge of running these countries don't...

If I was in Greece, or in Russia as another example, I would be way more relaxed knowing I have both gold and silver ounces in my possession. If I had relatives in neighboring countries, they would also hold PM's in their possesion for me as well. Governments have no problems with big debts...

Hey there House of Commons. I also started buying Scotia Bank bars from them, but then, I noticed the service charges were far greater than just going to my local coin shop and buying tubes of Maple Leaf 1oz coins. I also read that if you buy a coin under $1,000 in value, and sell it for under...

I also have a spreadsheet. logged most of my purchases. track the currency exchange on it as well. Mostly to know where my break even point is, since I've been buying since 2010. Use this spreadsheet as input to know what our net worth is at the time. Need to be diversified, which we are. so...

Take my advice seriously in my opinion. I bought from $21 all the way up to $45. Then I continued regular buying from $45 all the way down to $15. My avg cost is about $25 at the moment. Everytime I open my safe doors, I have a huge smile. At least I have physical with me. When that overnight...

when silver is at $30 or $40, $14 or $15 or $17 will not make a big difference. I bought some at $16 and $17, and I also bought some way back when silver was $45 or so 3 years ago. If your stack is in need of oz's, don't wait too long for a potential drop. I would get some now and if it drops...

Just noticed Gold silver ratio below 70 for first time in 6 months. I like what I see. I think the FED is caught, USD dollar drops, metals move up. when USD dollar went up the last few months, metals held up fairly good, not dropping that much, gold staying above the 1150 USD mark. Reading the...

I love the fact that gold to silver ratio was 73.40 in 2008. GS ratio then dropped to 35 in April of 2011. That's what I'm waiting / hoping for in the next 3-4 years. wait.....wait.......patience......

I think it's because good US job's numbers, traders think FED will hikes interest rates in June, therefore, sell metals. I have a feeling Markets will not perform well if they think interest rates will rise. FED are caught. Let's see how the next 3-4 months unfold.