Search results

not true at all. piigs havent been in this situation for starters... here's a good article that explains the contagion risk. http://www.businessinsider.com/cyprus-bailout-risks-europe-bank-runs-2013-3

Double check my stash isn't exposed to any Cyprian banks :)

I think the bank run in Cyprus (and the speculation of contagion) may do more than just support metal prices tomorrow. http://www.zerohedge.com/news/2013-03-16/europe-does-it-again-cyprus-depositor-haircut-bailout-turns-saver-panic-bank-runs-br

Thanks guys.

Sorry, don't mean to be lazy (but I am) one of those threads was 12 pages... I presume there was an issue with getting money back... so simply: 1. What was the end result - did everyone get their cash back? 2. Are those that are still in the program still getting their coins every month? Cheers

Can someone fill me in on this issue? I promoted these on my channel and obviously if something has gone wrong I'd like to know... Was this a once off? I was able to get my silver bond money back when I asked to exit.... not so for everyone?

I had to take them down for a job i had last year.... and now if i put them back people think i just uploaded them and freak out..... i probably wont be doing many silver updates at all from now... unless it gets to $23.50ish and then I will get back on the tubes and start pounding the table!

Have a look at the trading thread. I am not using (nor does the challenge allow) for paper trades to be made. I've simply 'bought' 10 ounces of gold as far as the challenge is concerned. In real life, I've bought paper right now, but will convert to physical (additionally, I have bought *some*...

As you all may have seen, there has been a new trade made in the StellaConcepts trading challenge. You may also be interested to know I've made a significant paper long on gold right now that should the price rise Ill convert to a non-leveraged physical position.

Where the CC fees are well and truly factored into the costs :)

Considering a dealers margin in the metal is a few percent... I think it would be a big ask to get them to fit the merchant fees on the credit card.

Time to get out the fiat and do some exchange.... Silver: $US28.61 Gold: $US1577 Trade Three: BUY 10oz Gold: $15770+1.5% Premium Total Consideration $16,006.55 Portfolio: Cash On Hand: $16,631.04 Gold Oz: 13 Silver Oz: 417.95 Reasoning: Policy to remain easy. Sequester factored in...

Happy to sideline for now - still might be some more downside here....

Or to put it another way, Silver and Gold are correlated 85% of the time.

Anyone buying in the mania blow off parabolic phase won't have half a brain :) But seriously... if they are rushing in then... they will buy from anyone (and at any premium)... I know... I saw it on the run to $50 and that wasn't even close to the mania we'll see one day.

I rarely sell back to dealers. I find I can get a much better price selling privately (and the buyer can get a cheaper price than buying from a dealer). Thus having bullion less likely to be forged helps the transaction to go through with max value to both parties.

Its interesting to note the vitriol towards this fella. I dont think you all appreciate what hes done for you to-date and what he will do for you in the future ;)

Sorry should also clarify. Only buying 1/2 kg bars for silver and 1oz bars for gold. The smaller packaged bars are less likey to be forged and the potential loss if one is forged is minimal. I also will be buying from a wide array of respected dealers rather than all eggs in one basket. I'm...

Not sure if I'm stating the obvious... but him being in charge of the printing press thereby puts him in charge of the prices of the metals (to a large degree at least).

Hi All, As I start to slowly dip my feet back in this market... I'm thinking ahead (something I wish I had of done first time around) as to the best type of metal to stack.... Where the metals are headed price wise, I think there is a good reason to be concerned about forgery in the future...