Buy Gold and Silver

[georgesmiley]

Is Goldmoney.com a good place to buy and store PM's? Is the metal there or is just "paper" metal?

Im considering silver at first (if we buy and store there I understand that we dont have to pay VAT on the silver in the UK) is that right?

[nirvanix]

I believe everyone should have 6 months to a year of food/water stored first, then buy your gold and silver. I don't want to sound hysterical because I'm not, but I do expect a rough ride for a couple of years, not only with the economies of the world, but with weather/earthquakes too. Just look at what's happened in Oz/NZ in the last few months. Some of us may have our electrical grid knocked out for some time. For me the gold and silver are a store of value that I'm hoping to trade with in any conditions, but you can certainly trade with food/tools/skills etc.

[cont]

I believe everyone should have 6 months to a year of food/water stored first, then buy your gold and silver.

What does 6 months supply of water look like? That is surely impractical, unless you live on a farm and own a barn to put it in. Likewise, a reserve of petrol prior to the price hike - there's nowhere to put it, and plastic containers storage costs £1 per litre. If the petrol price doubled, you wouldn't save any money, and that's for a tiny amount of fuel!

I've bought a few weeks reserve of rice/pasta, and some tinned fish but I think there's only so much one can do.


What about spread betting, a tax-free way to take advantage of the silver market (particularly with the JP Morgan manipulation... i.e. buy the dips)? Considering IG and Finspread (can stake as small as 10p per pip for 8 weeks starter). Very easy to lose more than your stake for a single trade spread betting so perhaps not advisable doing anything other than going long on physical possession. On the other hand, you could use profits to buy extra silver.

[trigger_andy]

Funny you should mention fuel Cont. I just bought a few Jerry Cans and put away 100ltrs of Petrol in the Cellar. Not much but it could help in the future.

[icke_is_right]

http://harveyorgan.blogspot.com/

As many know there are a group of ex Morgan traders who decided to take on Blythe Masters and JPMorgan by standing for delivery but then asking for a huge fiat premium. We have now heard from one trader who also is a reader of my blog. The name given to the ex traders is "Wynter_Benton:


Here is what is posted by Louis Cypher:

"Wynter_Benton update on their recent raid
With permission, I can update the results of our raid. It was successful beyond imagination but that "success" has spawned even more questions about the price of paper silver going forward. It was reported by SGS that he heard that on Friday Blythe was offering 30-50 percent premium and that at least 4500 hundred contracts will stand for delivery. I am here to give you a more accurate update (and a first hand account of what happened on Friday Feb 25). Our group was detemined to stand for delivery going into Monday because we were not going to take a 30 percent premium on a price of $33.50. It was reported that Blythe offered 50 percent premium. That was not even close in our case. We got over 80 percent premium. That's right. Over $50 per contract on the condition that our group sell all our contracts. Our counterparty even threatened us with the ghost of Herstatt. They openly admitted that they could not deliver even 20 million ounces to us but that if we stood for delivery they would be sure that they make delivery to everyone else before they defaulted on us which would make us 'unsecured creditors'. They told us directly that they could not allow even 5000 contracts to stand for delivery because they could not deliver a mere 20 million ounces. Like Vito Corleone said, "I'm gonna make him an offer he can't refuse." And indeed we did not refuse as this was our intention all along.

These sets of facts from our traders lead us to believe that the paper price of silver may have a difficult time surpassing $36 because if the counterparty at the Comex is so willing to pay north of $50 to dissuade people from standing for delivery yet the paper price of silver is still under $35, then we suspect that losses triggered by derivatives is the main reason for the price suppression of silver. We can see no reason why they would not allow the paper price to go up yet are so glad to pay off the comex contracts to show the world that so few are standing for delivery. In our mind, Comex could default with if as little as 4,000 contracts stood for delivery. We are very curious to see how high the paper price of silver actually trades during this run.
Posted by Louis Cypher"

[icke_is_right]

Is Goldmoney.com a good place to buy and store PM's? Is the metal there or is just "paper" metal?

Im considering silver at first (if we buy and store there I understand that we dont have to pay VAT on the silver in the UK) is that right?

Run by James Turk, who has long highlighted the manipulation of the metals with www.gata.org. Their metal bars are checked with the latest tech, they are outside the banking system. It's the next best thing to taking delivery

You get a choice of where you want to store your metal, I'd choose Switzerland for this purpose, not London.

[georgesmiley]

Thanks Icke is Right

Can you elaborate on why Switzerland?

[icke_is_right]

Thanks Icke is Right

Can you elaborate on why Switzerland?

The manipulation is run out of London and it looks like the cupboards of silver are going to take a hit there first. They are taking the UK and the USA down. What are they going to do when gold/silver run out? They will probably try and commandeer some more from other people's locals stores! Switzerland is a bit further away, they have guns and they are in the hills :D. They are the closest thing to a democracy that I know of. It's just an opinion.....

If Comex soon explodes, I don't think that the VAT you pay today will be a huge problem but it's still nasty all the same.

[kasalt]

The manipulation is run out of London and it looks like the cupboards of silver are going to take a hit there first. They are taking the UK and the USA down. What are they going to do when gold/silver run out? They will probably try and commandeer some more from other people's locals stores! Switzerland is a bit further away, they have guns and they are in the hills :D. They are the closest thing to a democracy that I know of. It's just an opinion.....

If Comex soon explodes, I don't think that the VAT you pay today will be a huge problem but it's still nasty all the same.

Rumor has it that there isn't enough silver for delivery on the March Silver Comex. I would consider that rumor to be plausible considering the rise in silver prices. Silver may make a parabolic move higher this month.

[diamond dogs]

This may sound premature but have people worked out a strategy on when, how and where to sell their pm if and when the time arises?

Thee have been a few posts on here from people who cashed in and made a decent profit :) and I know a couple of people are waiting to buy a property if the chance came and cash in their stache so it may sound premature but we have to weigh up all the different alternatives and options as it may not be so straightforward?

PS regarding the water supply..I beleive that the £1 stretcher shops are selling 10lt of powdered water for........£1....

[icke_is_right]

This may sound premature but have people worked out a strategy on when, how and where to sell their pm if and when the time arises?

Thee have been a few posts on here from people who cashed in and made a decent profit :) and I know a couple of people are waiting to buy a property if the chance came and cash in their stache so it may sound premature but we have to weigh up all the different alternatives and options as it may not be so straightforward?

PS regarding the water supply..I beleive that the £1 stretcher shops are selling 10lt of powdered water for........£1....

I'll be following Mike Maloney and his team on when to sell. I'll pay for his service working specifically on this. We've got a long while yet. Housing has a long way to fall (in my view) and the metals have a massive way to rise.

[icke_is_right]

Rumor has it that there isn't enough silver for delivery on the March Silver Comex. I would consider that rumor to be plausible considering the rise in silver prices. Silver may make a parabolic move higher this month.

Harvey Organ is getting word that they are settling for $50 an oz silver cash instead of taking delivery. It looks like they're out of metal.

[cont]

Over the last five years...

US time, silver is in a bear market (down 46%)
Asian/European time silver is in a bull market (up 344%)

The Silver Log (03.01.2011) - Silver in Two different markets - YouTube

Also this - Tony Blair works for JP Morgan. (http://edition.cnn.com/2008/BUSINESS/01/10/us.blair/)

[wolfhead]

Funny you should mention fuel Cont. I just bought a few Jerry Cans and put away 100ltrs of Petrol in the Cellar. Not much but it could help in the future.

Petrol goes sour if you store it too long. its due to the additives in it.

[trigger_andy]

Petrol goes sour if you store it too long. its due to the additives in it.

Mmmmmmm, thanks for the heads up. How long is 'safe'? Im not planning on keeping it long term, more of a rolling stock, Ill use 20l at a time and replace it.

[wolfhead]

Mmmmmmm, thanks for the heads up. How long is 'safe'? Im not planning on keeping it long term, more of a rolling stock, Ill use 20l at a time and replace it.

Not long apparently. It says in my 'outboard motor maintenance book' that 3 months is the limit to store petrol. Dont know if diesel is a better bet?

[wolfhead]

THE SUPER SIMPLE CASE FOR $175 OUNCE SILVER - YouTube

[georgesmiley]

Interview with Adrian Douglas

Gold worth 57,000 oz - Got your attention?

I havent had time to view it and probably wont till monday but I came across it at What Really Happened.com

so you might be interested

http://sherriequestioningall.blogspot.com/2011/03/gold-to-57000-silver-even-more.html

[icke_is_right]

Interview with Adrian Douglas

Gold worth 57,000 oz - Got your attention?

I havent had time to view it and probably wont till monday but I came across it at What Really Happened.com

so you might be interested

http://sherriequestioningall.blogspot.com/2011/03/gold-to-57000-silver-even-more.html

I've just listened to it and was about to post it. Adrian Douglas is one of the best commentators out there on the metals, if not 'the' best. You silver holders will find it riveting, I'm sure. Superb interview.

[icke_is_right]

http://www.youtube.com/watch?v=klswVIp078M&feature=player_embedded

Nice Vid. This mkt is so tiny, people just don't grasp it.

[icke_is_right]

"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves."


Money and Wealth in the New Millennium, by Norm Franz, copyright © 2001, Whitestonepress, page 154.



One member recently asked me about CGT avoidance with gold and silver. You should understand the basic rules in CGT which you can read on the Inland Revenue site. Most people won't cash over £10k a year.....but some will. I reconsidered my previous ideas and looked further. This is what I found. My interpretation so far is that holding foreign legal tender bullion coins, you are holding foreign currency. The same rules should apply when spending it abroad. Therefore, if you took your stash out of the UK and cashed it with a dealer elsewhere in the EU, are you not just gaining appreciation on foreign currency? I think so. These are preliminary thoughts. I you guys have any better ideas for large CGT avoidance, post away.

On the first item from Wiki, we are NOT dealing with the amounts printed on coins only. Their currency value is to do with the metal content, this is important. On Krugerrands, there is no value anyway....... Nice one.


http://en.wikipedia.org/wiki/Legal_tender#England_and_Wales

CoinsIn the United Kingdom, only coins valued 1 pound Sterling, 2 pounds, and 5 pounds Sterling are legal tender in unlimited amounts throughout the territory of the United Kingdom. In accordance with the Coinage Act 1971,[17] gold sovereigns are also legal tender for any amount.

''''''''''''Although not specifically mentioned on them, the face values of gold coins are 50p, £1, £2 and £5, a mere fraction of their worth as bullion.'''''''''''''''

The United Kingdom legislation that introduced the 1 pound coin left no United Kingdom-wide legal tender banknote.

Currently, 20 pence pieces and 50-pence pieces are legal tender in amounts up to 10 pounds; 5-pence pieces and 10-pence pieces are legal tender in amounts up to 5 pounds; and 1-penny pieces and 2-pence pieces are legal tender in amounts up to 20 pence.[18]

http://www.ehow.co.uk/about_6752884_foreign-currency-definition.html

Currency is any generally accepted medium of exchange for goods and services in a particular country or region. Today currency normally takes the form of paper notes and coins. Foreign currency is any currency not normally used in a particular region or country.


http://www.hmrc.gov.uk/euro/faqs_tech.htm#3a

Q. Do currency fluctuations on a euro bank account held by a UK resident individual have to be returned?
A. No. The movements in value of balances in a euro account arising from currency fluctuations do NOT have to be reported for tax purposes.
Withdrawals from the account may give rise to gains chargeable to Capital Gains Tax, or to allowable capital losses. However, if the balance in the euro bank account represents currency that has been acquired for personal expenditure outside the United Kingdom for the individual or their family or dependants, there will be no Capital Gains Tax liability on any withdrawals. This includes currency acquired for expenditure on the provision or maintenance of any residence outside the United Kingdom.
The same rules would apply for any foreign currency bank accounts that are held in the UK.

[kasalt]

The Chinese buying may be the driving force behind continued increases in gold and silver prices:"Dramatic rise in Chinese demand to boost silver market"

The Chinese are dramatically increasing their purchase of silver and gold as they are in the process of diversifying their assets away from the dollar...

The dramatic rise in China's interest in silver is evident from the fact that the country imported an unprecedented 14 percent of global silver in 2010, whereas it was net exporter of silver till recently...

The unprecedented rise in demand in one of the largest silver market places in the world will help sustain the recent boom in silver prices.
Source: http://community.nasdaq.com/News/2011-03/dramatic-rise-in-chinese-demand-to-boost-silver-market.aspx?storyid=60716#ixzz1FvvCIAk5


"Chinese Buying Of Gold, Silver Exploding": http://blogs.forbes.com/robertlenzner/2011/02/19/chinese-buying-of-gold-silver-exploding/

Chinese Demand For Gold Surges To Around 25% Global Production: http://blogs.forbes.com/robertlenzner/2011/02/12/chinese-demand-for-gold-surges-to-around-25-global-production/

[lynfowars]

Petrol goes sour if you store it too long. its due to the additives in it.

Guys, for very long-term petrol (and diesel) storage, get a fuel preservative.

To see examples, search on say, Ebay for 'Petrol Stabiliser' and you can see what's available mail-order.

Don't mix up your diesel cans with petrol, I did, expensive mistake :D

[icke_is_right]

Wonder why the US mint has not sold a single ounce of silver so far in March? Here is a clue:

http://www.zerohedge.com/article/no-silver-no-problem-us-mint-would-know-if-you-will-accept-brass-steel-iron-or-tungsten-coin



No Silver? No Problem: US Mint Would Like To Know If You Will Accept Brass, Steel, Iron Or Tungsten Coins Instead



United States Mint Seeks Public Comment on Factors to be Considered in Research and Evaluation of Potential New Metallic Coinage Materials

WASHINGTON - The United States Mint today announced that it is requesting public comment from all interested persons on factors to be considered in conducting research for alternative metallic coinage materials for the production of all circulating coins.

These factors include, but are not limited to, the effect of new metallic coinage materials on the current suppliers of coinage materials; the acceptability of new metallic coinage materials, including physical, chemical, metallurgical and technical characteristics; metallic material, fabrication, minting, and distribution costs; metallic material availability and sources of raw metals; coinability; durability; sorting, handling, packaging and vending machines; appearance; risks to the environment and public safety; resistance to counterfeiting; commercial and public acceptance; and any other factors considered to be appropriate and in the public interest.

The United States Mint is not soliciting suggestions or recommendations on specific metallic coinage materials, and any such suggestions or recommendations will not be considered at this time. The United States Mint seeks public comment only on the factors to be considered in the research and evaluation of potential new metallic coinage materials.

The recently enacted Coin Modernization, Oversight, and Continuity Act of 2010 (Public Law 111-302) gives the United States Mint research and development authority to conduct studies for alternative metallic coinage materials. Additionally, the new law requires the United States Mint to consider certain factors in the conduct of research, development, and solicitation of input or work in conjunction with Federal and nonfederal entities, including factors that the public believes the United States Mint should consider to be appropriate and in the public interest.

Comments must be submitted on or before April 4, 2011. Interested parties may submit written comments by any of the following methods:

E-mail: coinmaterials@usmint.treas.gov
Fax: (202) 756-6500
Mail: New Coin Materials Comments
Mail Stop: Manufacturing 6 North
United States Mint
801 Ninth Street, N.W.
Washington D.C. 20220
Hand Delivery/Courier: Same as mail address.

For further information, contact: Jean Gentry, Deputy Chief Counsel, United States Mint at (202) 354-7359 (not a toll-free call).

h/t Alexander Gloy

[griswald]

Hot dickity dang:D:D

So if the US government had silver, or could even manufacture silver in a lab somewhere, as has been suggested numerous times, they would be using it.

And now they are asking the public what would they like their silver eagles made from. They must be losing the plot.

Maybe they could make them from gold.:D

griswald

[griswald]

Hey I_I_R , here is a nice vanden Plas for sale for you in Ireland:D Get rid of the bike.;)

http://cars.donedeal.ie/for-sale/vintagecars/1883781

http://img132.imageshack.us/img132/8448/68003666.jpg (http://img132.imageshack.us/i/68003666.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

griswald

[georgesmiley]

I'd like paper :D

[kasalt]

The US Mint posted updated Silver Eagle sales results:

http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=sales&year=2011#SilverTotals

668,500 sold for the first week of March, which is pretty robust, especially considering that the price of silver is at a 30-year high. If they sell that many coins every week this month that would put March sales at over 2.5 million, which is roughly equal to last year's monthly average sales--and last year was a record year for Silver Eagle sales.

[icke_is_right]

Hey I_I_R , here is a nice vanden Plas for sale for you in Ireland:D Get rid of the bike.;)

http://cars.donedeal.ie/for-sale/vintagecars/1883781

http://img132.imageshack.us/img132/8448/68003666.jpg (http://img132.imageshack.us/i/68003666.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

griswald

What a beauty! That's the one, brown Vanden Plas. What a fine bit of engineering.

I see that the Cartel are trashing and giving us cheaper metal. Nice one. This is kind of them because quite a few people haven't yet bought or want more.

Of course it will some BS will be reported in the mainstream about it.

[icke_is_right]

http://harveyorgan.blogspot.com/



Before I head over to the comex, for those newcomers, let me outline how the raid is orchestrated over at the comex. First the bankers send a signal the day before that a raid is coming. You need to get all the bankers in line that the raid is on for the next trading day. Then the bankers who also represent investors tell investors to hold their bids for later in the day. They will obtain gold and silver cheaper and thus they withhold their bids.
Then the bankers offer huge number of contracts at the opening with hardly anybody bidding. This dramatically forces the price down and in turn it trips all of those stop losses which in turn fuel another downturn. The bankers do not have any signal for a retreat. They only know to keep supplying massive contracts. With 20 minutes to go, they start covering their shorts as quick as they can. Whatever they cannot cover, it increases the banks total shorts in the precious metals and he see this in the COT report. I will report on this on Saturday but the COT report is from last Tuesday to this past Tuesday. I will not pick up the major raid today.

That is the mechanics of the raid. Later in the commentary, I will talk about the mechanics of the short sales on the mining companies. As a rule when you see gold and silver rise big time and the shares of big mining companies remain stationary or fall, generally that is the signal that a raid will begin in full force the next day. Also a raid generally begins the day before the big (phony) jobs report on the first of every month.









Many are calling me about the gold and silver shares. I think you should all be careful here as we are playing with crooks. The bankers are shorting gold and silver shares like crazy and they do not cover their shorts.
They use the money received for their nefarious activities. When time comes to deliver the shorted stock certificate, they say sorry I do not have the certificate. They are then in default and go on a list called failure to deliver or FTD's. The list of FTD's is enormous!! and our regulators do nothing to correct this!!
The owner of the clearing house in the states is the DTC and you guessed it..who owns this fraudulent vehicle? JPMorgan and fellow bankers.

So please be careful when you buy mining companies. Please register your certificate and do not loose sleep over a falling mining share prices. However make sure your mining company is a producing mine and in good geographical areas where there could not no confiscation.

[georgesmiley]

is it too late to become a b(w)anker??

[revelations8878]

Found this video, which is Mike Maloney's DVD - it's in 10 parts, some bits are fastforwarded as it's a free version on youtube, but it is still very good video.

If you have the time please check it out!

1. GOLD & SILVER INVESTING MOVIE! (Part 1) Mike Maloney - 'Why Gold & Silver?' - YouTube

[cont]

Found this video, which is Mike Maloney's DVD - it's in 10 parts, some bits are fastforwarded as it's a free version on youtube, but it is still very good video.

If you have the time please check it out!

http://www.youtube.com/watch?v=QMwDynuruN4&feature=channel_video_title

http://i52.tinypic.com/2lkzg1u.png :D

[harvie316]

http://forum.davidicke.com/showthread.php?t=161268

anyone want to share any light?

[icke_is_right]

http://forum.davidicke.com/showthread.php?t=161268

anyone want to share any light?

If you have to ask, then a large amount of study and observation is required before you start operating in the stock market. You'll loose money and then you might become one of the 5% or so who do OK long term.

Knowing what value is and what to buy in the gigantic universe of possibilities is tough, unless you've just arrived at this thread which contains the answers.

I/we are into physical metal possession because of the huge paper scams going on in the paper traded environment. I know how stock markets work and know of good metal stocks but I like having control of my stuff. There are loads of company directors out there who get paid first whilst shareholders take the risk. My last share I expected to go to the moon and took me ages to research and buy. CBH Resources Australia. It was decided to sell the company to a Japanese concern. By the time I sold, I'd made 100% but this was shit when I was thinking in terms of x50 increase. Of course shareholders had to vote for this. They obviously didn't understand the silver situation of which this company was sitting on 4,000 tonnes of the stuff in the ground! In short, I like having control of my own stuff and not being at the mercy of fuckwits. (As far a possible). There are loads of pitfalls, I wouldn't bother for now, I'd get some physical metal. If you are still keen, study and study, whilst events unfold.

With hard assets, you always have the product in the end. This is something worth bearing in mind.

[cont]

In Britain we don't have guns to protect our assets. Safes can be stolen and opened later.

So, any hiding tips for our physical metal?

My thoughts

1. Don't put your physical metal under the bed. A burglar will probably look there first.

2. Don't put all your physical metal in the same place. ("Don't put all your eggs in one basket").

3. Consider placing a small part of the stash in a visible place so it might be taken and convince the thief there is nothing left to steal.

[sphere555]

If you have to ask, then a large amount of study and observation is required before you start operating in the stock market. You'll loose money and then you might become one of the 5% or so who do OK long term.

Knowing what value is and what to buy in the gigantic universe of possibilities is tough, unless you've just arrived at this thread which contains the answers.

I/we are into physical metal possession because of the huge paper scams going on in the paper traded environment. I know how stock markets work and know of good metal stocks but I like having control of my stuff. There are loads of company directors out there who get paid first whilst shareholders take the risk. My last share I expected to go to the moon and took me ages to research and buy. CBH Resources Australia. It was decided to sell the company to a Japanese concern. By the time I sold, I'd made 100% but this was shit when I was thinking in terms of x50 increase. Of course shareholders had to vote for this. They obviously didn't understand the silver situation of which this company was sitting on 4,000 tonnes of the stuff in the ground! In short, I like having control of my own stuff and not being at the mercy of fuckwits. (As far a possible). There are loads of pitfalls, I wouldn't bother for now, I'd get some physical metal. If you are still keen, study and study, whilst events unfold.

With hard assets, you always have the product in the end. This is something worth bearing in mind.

You don't train a doctor in one year. You don't get a college degree in one year. It takes 5 years to develop some skills to make money in stocks. Most people either blow up before 5 years, or quit before the third yr, so they never make it to the 5% stats.

On the other hand, I agree. Being in the market means being at the mercy of fuckwits -- you don't make money all year round, you make a big chunk of money once or twice a year during a very narrow time window. It's better/more healthy to eat small but consistent meals (getting a job/owning a business) than it is to have large meals (playing stocks) spaced far apart.

[mace]

In Britain we don't have guns to protect our assets. Safes can be stolen and opened later.

So, any hiding tips for our physical metal?

My thoughts

1. Don't put your physical metal under the bed. A burglar will probably look there first.

2. Don't put all your physical metal in the same place. ("Don't put all your eggs in one basket").

3. Consider placing a small part of the stash in a visible place so it might be taken and convince the thief there is nothing left to steal.


Why all the fear?

[trigger_andy]

Why all the fear?


Its not fear, its called being prudent.

I have my meger stash in the Bed Side Cabinet.......................or do I!:D

God id so small its very easy to conseal in a house. I bit of Duct tape also helps! No one will find my Gold! (Evil Laugh!:D) Unless they have a Metal detector obviously.

I with I had spare funds on Friday. I watched the trashing in real time. When it hit $34 I was sooo tempted to buy another 10oz's and not eat for the rest of the month!

[trigger_andy]

Sorry to post this here.

I have acquired a very small Mexican Coin. It weighs less than 0.5g and has a a Bearded man on the face with the words Maximiliano Emperadon. On the reverse it has the date 1865 and a bird, looks like an Eagle with the words Imperio Mexicano.

Can anyone shed any light on it?

[cont]

Sorry to post this here.

I have acquired a very small Mexican Coin. It weighs less than 0.5g and has a a Bearded man on the face with the words Maximiliano Emperadon. On the reverse it has the date 1865 and a bird, looks like an Eagle with the words Imperio Mexicano.

Can anyone shed any light on it?

This one?

[waheguru]

I was hoping someone on here could help me out. I am looking to buy gold and silver and I'm not sure the best source to buy from. Should I buy from a bank?
icke is right would you mind PMing me when you have a moment, from what I have read so far you seem to be very knowledgeable with this topic.

Thanks in advance

[icke_is_right]

I was hoping someone on here could help me out. I am looking to buy gold and silver and I'm not sure the best source to buy from. Should I buy from a bank?
icke is right would you mind PMing me when you have a moment, from what I have read so far you seem to be very knowledgeable with this topic.

Thanks in advance

Just PM me with the amount that you want to spend etc., and how long you want to hold your wealth in metal etc. and I'll PM you back with my opinions and some answers. It makes a difference knowing if we're talking £50 or £500,000.

I use www.coininvestdirect.com for most stuff but there are VAT concerns being in the UK etc.. If you spend enough, it's worth getting yourself over to Germany.

[icke_is_right]

The metals should be rising massively in this environment, however, we're getting discount C/O the Cartel. Nice one for people who want to load up a bit more.

No one ever mentioned radiation protection instead of gold and silver!:eek:

A good opportunity to inform people about the technology suppression agenda, I suppose.

[theabbot 7]

question:

I heard you must be careful buying gold coins, because prices can be based on what collector's ask for(the coin trading market) which might possibly inflate the price. I think that Gold Coin company the Glenn Beck was pushing was criticized for this. What do you make of that connection?

[confusious]

This thread has gone very quiet, I check it every day to make myself aware of the latest goings on in the world of metals. Still, I thought I would post something which I've noticed which I think is quite significant.

Both bullionuk.com and coininvestdirect.com have stopped selling US Eagle monster boxes. Get this, bullionuk.com has NO EAGLES AT ALL. This means something, especially as silver flirts again with $36.50. I got my first batch of Eagles from them.

I treated the rumours of shortage with a little caution until I saw this.

[dreamweaver]

The metals should be rising massively in this environment, however, we're getting discount C/O the Cartel. Nice one for people who want to load up a bit more.

No one ever mentioned radiation protection instead of gold and silver!:eek:

A good opportunity to inform people about the technology suppression agenda, I suppose.

Iodine pills were one of the items on my list but I never got around to buying any as they seemed such a low priority. I do know someone with a geiger counter, however, and there doesn't seem to be any unusual levels round here.

[confusious]

BTW, I follow this guy on Youtube who makes superb mini-films and gets some great information, to a large extent about precious metal investing. He just made another film. His name on Youtube is SGTbull07.

Check out his channel at: http://www.youtube.com/user/SGTbull07

[nittylove]

I follow SGTbull07 on youtube too. He makes some great videos. I also regularly check the following :-

www.maxkeiser.com
www.zerohedge.com
www.silvergoldsilver.blogspot.com
www.harveyorgan.blogspot.com
www.jsmineset.com
www.jessecrossrodscafe.blogspot.com

Those are my main sources of info on gold and silver. ( along with Icke is right of course). Harvey Organ is excellent in letting us know the movements on the comex and the remaining open interest - still 4.5 million ounces standing for delivery before the end of march!!

[tesla]

BTW, I follow this guy on Youtube who makes superb mini-films and gets some great information, to a large extent about precious metal investing. He just made another film. His name on Youtube is SGTbull07.

Check out his channel at: http://www.youtube.com/user/SGTbull07



I follow SGTbull07 on youtube too. He makes some great videos. I also regularly check the following :-

www.maxkeiser.com
www.zerohedge.com
www.silvergoldsilver.blogspot.com
www.harveyorgan.blogspot.com
www.jsmineset.com
www.jessecrossrodscafe.blogspot.com

Those are my main sources of info on gold and silver. ( along with Icke is right of course). Harvey Organ is excellent in letting us know the movements on the comex and the remaining open interest - still 4.5 million ounces standing for delivery before the end of march!!


Massive thanks for the links guys

[indolering]

Massive thanks for the links guys

Yes, thank you. I recently inherited some metals and know next to nothing about them, so I'm glad to have some recommended sources of info.

Thanks IIR for a good thread.:cool:


p.s. Going to see DI on Saturday - first time - exciting!

[icke_is_right]

If you are following the links that Nittylove put up, then you'll probably have come to the same conclusion as I have. I believe that the manipulators are out of silver or nearly out of it now.

http://seekingalpha.com/article/259549-will-jp-morgan-now-make-and-take-delivery-of-its-own-silver-shorts

We have a huge amount of punters waiting for delivery of the March contract. As always, don't hold your breath but this above article really is quite something. We'll have more of an idea in the next week or so.

Remember, 'if you're not stacking, you're slacking'. :)

[twilighterheart]

I rather learn how to get the gold from an old computer.

[icke_is_right]

I rather learn how to get the gold from an old computer.

Let us know how you get on.

[lynfowars]

http://www.coininvestdirect.com/

1oz silver coins from £12 (including UK tax)

Are these prices reasonably competitive? The buy/sell margin does look a bit wide (?) but they take payment without too much pissing about & deliver fairly fast (postage is £11 or so)


Sorry to bring up the old ones from the start of the thread. But £12!!!

vacillation sure is a bugger! ;)

[revelations8878]

This thread has gone very quiet, I check it every day to make myself aware of the latest goings on in the world of metals.

Haha I'm the same, I usually read posts at lunch at work (as 1hr lunch is a waste of time, and I'm not working through it!).

I think it went quiet because Silver had a terrible few days last week and I dont think anyone, especially IIR, cud show their faces for a bit (Just kidding IIR, I love u really :P).

But true to what we believe, Silver has bounced back and is looking goooooood, past the $37 :D!!!!!!

I've been reading Harvey Organ and Silvegoldsilver, they talk about Blythe a lot. I've googled it and everything but cant find what the F Blythe is. Is it a company? a person? a group of ppl?!

Please can someone shed some light, it's driving me insane!

[lynfowars]

Blythe Masters - Wikipedia, the free encyclopedia

The Wicked Witch Is Nervous - YouTube

[revelations8878]

http://en.wikipedia.org/wiki/Blythe_Masters

http://www.youtube.com/watch?v=Lq0bAOVaQwQ

THANK YOU!!!

Value of gold coming out into media even more?
http://www.bbc.co.uk/news/business-12833866

[georgesmiley]

i need silver to crash abit as i am still waiting for a payment which will go into the Ag, after that and as silver rockets, I may have a chance with the blight. :D

[icke_is_right]

Sorry to bring up the old ones from the start of the thread. But £12!!!

vacillation sure is a bugger! ;)

Matt Furey, Kevin Trudeau and Psycho Cybernetics have helped me understand focus more. They are great teachers. Kevin Trudeau is branded a con man and maybe he is but this guy taught me so much and will continue to do so.:)

[twilighterheart]

Let us know how you get on.

Has anyone thought of opening up a recycle thing for computers to save them from the landfill and salvaging ones that can sell back to the community to help out poor people?

[griswald]

Has anyone thought of opening up a recycle thing for computers to save them from the landfill and salvaging ones that can sell back to the community to help out poor people?


Its already been done here.

Skangers go to the landfill , get the old computers, free. And then link the hard drives to a laptop, run file scavenger or something similar, and retrive all the personal data, you think was gone when you wiped your computer and dumped it.

Its more profitible than trying to retrieve any bit of gold plating;)

griswald

[revelations8878]

i need silver to crash abit as i am still waiting for a payment which will go into the Ag, after that and as silver rockets, I may have a chance with the blight. :D

I've already gone all in now (well near enough) so I wont be buying anything major in the foreseeable future.

I'm playing the Euromillions this week (£117m estimated jackpot *cough* BUY A TICKET) so if I win, I'll definitely give JP Morgan a nice big shiny silver sucker punch :D

Then I'll post a silver porn video for all the fans :p

[georgesmiley]

revelations

good luck with the lottery

maybe that is what we are all playing?

[revelations8878]

revelations

good luck with the lottery

maybe that is what we are all playing?

It does seem it due to the volatility of prices, but i'm pretty sure it's a safer bet than leaving it in the bank to rot :P.

On that note check this video out - it's a pretty comical 30min cartoon documentary type thing explaining fiat currency. Well worth the watch if u got 30mins to spare.
THE REAL TRUTH ABOUT FIAT MONEY AND THE BANKING SYSTEM? - YouTube

*edit* it hasnt had many views, but if u can all spread this then im sure the average Joe would understand this video, and be entertained at the same time!

[indolering]

It does seem it due to the volatility of prices, but i'm pretty sure it's a safer bet than leaving it in the bank to rot :P.

On that note check this video out - it's a pretty comical 30min cartoon documentary type thing explaining fiat currency. Well worth the watch if u got 30mins to spare.
http://www.youtube.com/watch?v=yCdlsZLNSJE&feature=related

*edit* it hasnt had many views, but if u can all spread this then im sure the average Joe would understand this video, and be entertained at the same time!

link;)

[nittylove]

I've already gone all in now (well near enough) so I wont be buying anything major in the foreseeable future.

I'm playing the Euromillions this week (£117m estimated jackpot *cough* BUY A TICKET) so if I win, I'll definitely give JP Morgan a nice big shiny silver sucker punch :D

Then I'll post a silver porn video for all the fans :p

Gold and silver up alot today. For all those who have ISA's in the bank you would've made nearly as much in silver today than for the whole of the calendar year!!

Silver up nearly 3.5% in one day. The PTB don't like you owning assets such as these, because you can pass it to relatives with no paper trail and no capital gains tax or inheritance tax. They change the notes every so often to force the hoarders of paper to put it back in the system.

[revelations8878]

link;)

FFS lol its all buggered, i like it when theres a preview pic. it screws up when you edit a post that has a link to media for some reason. Thanks Indolering.

[griswald]

The US government want you to use their worthless paper, or go to jail for a very long time.

http://www.citizen-times.com/article/20110319/NEWS01/110319006/1001/news/Liberty-Dollar-fake-currency-creator-convicted-federal-court?odyssey=nav%7Chead

The leader of a group that marketed a fake currency called Liberty Dollars in the Asheville area and elsewhere has been found guilty by a federal jury of conspiracy against the government in a case of “domestic terrorism.”

I see they stole....er sorry, confiscated his precious metals;), and he,s guilty of domestic terrorism.

griswald

[twilighterheart]

http://www.citizen-times.com/article/20110319/NEWS01/110319006/1001/news/Liberty-Dollar-fake-currency-creator-convicted-federal-court?odyssey=nav|head
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Anne Tompkins said. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country.”

The case was investigated by the FBI, Buncombe County Sheriff’s Office and U.S. Secret Service with help from the U.S. Mint.

“We are determined to meet these threats through infiltration, disruption and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government,” Tompkins said.

Von NotHaus, 67, faces up to 25 years in prison during sentencing, which hasn’t been scheduled. The government also is seeking the forfeiture of about 16,000 pounds of Liberty Dollar coins and precious metals valued at nearly $7 million.

[revelations8878]

Another comical video - but it does sum it up very very nicely. In fact, why dont ppl realise the "elephant in the room"?

World Collapse Explained in 3 Minutes - YouTube

[icke_is_right]

We are expecting silver to run out some time soon, maybe in the next days. It's been talked about before but we are seeing predictions of $50 silver ect., in the near future.

This is what happened when Potassium Iodide ran out:

http://www.geekosystem.com/potassium-iodide-pill-price-japan/

Potassium iodide (KI) is recommended during nuclear emergencies because it floods the radioactivity-sensitive thyroid glands with “good” iodine, blocking contaminated iodine from entry. As troubles continue at Japan’s Fukushima nuclear power plant, it has had a curious effect on the price of potassium iodide tablets everywhere: Normally $10 for a packet of 14 pills, they’ve been bid up as high as $540 a packet due to fears of nuclear contamination.


That's a 54 multiple in price hike. If Comex does default, I'm not selling my stash and nor are many of the SLA either. Where will supply come from? I think these price targets of $50 are way, way under, in the event of default. OK, not having silver isn't the same as KI but multiple price increases are what I'd expect,in a matter of days after default.

Good vid above, the drunks have massive bar tabs but the party's in full swing still!

[georgesmiley]

silver to run out

yikes - i have to wait till my funds get into the goldmoney account (3 work days from yesterday) before i can take the final plunge. Thats probably Monday/Tuesday.

iir - any thoughts on the silver/gold ratio in terms of investment (ie 80% silver 20% gold?)

[georgesmiley]

From Bears Part 5 (new release) at http://silvergoldsilver.com

each tomahawk missile uses 15 kg of silver (112 used in libya so far)

buy the metal and end war :) (as if)

[revelations8878]

From Bears Part 5 (new release) at http://silvergoldsilver.com


What george means is http://silvergoldsilver.blogspot.com/ :)

[georgesmiley]

thanks and apologies

[icke_is_right]

silver to run out

yikes - i have to wait till my funds get into the goldmoney account (3 work days from yesterday) before i can take the final plunge. Thats probably Monday/Tuesday.

iir - any thoughts on the silver/gold ratio in terms of investment (ie 80% silver 20% gold?)

Personally, I'd go all silver in Goldmoney. I'm in gold and silver but I have gold, mainly so I can up and leave with easily transportable money. Silver in large amounts is bulky! Don't worry about silver running out just yet, JP Morgue will try and pull every trick before that happens but of course, people like me hope that it does come to pass this Monday.

[georgesmiley]

thanks for the answer

peter schiff is predicting gold to $5,000

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=14406&title=3-25-2011-peter-schiff-on-money-in-motion--gold-to-reach--5-000--oz

[revelations8878]

Drool?

YouTube - Broadcast Yourself.

[jcblane]

I passed by a BuY Your Gold shop today, there was 3 people sitting at a desk witha Buy You Gold person, I thought it was sad, on many levels.

[indolering]

Personally, I'd go all silver in Goldmoney. I'm in gold and silver but I have gold, mainly so I can up and leave with easily transportable money. Silver in large amounts is bulky! Don't worry about silver running out just yet, JP Morgue will try and pull every trick before that happens but of course, people like me hope that it does come to pass this Monday.

Good advice. Thanks.

[icke_is_right]

I passed by a BuY Your Gold shop today, there was 3 people sitting at a desk witha Buy You Gold person, I thought it was sad, on many levels.

Yes, I think that most of us are sad we didn't get in earlier! Lol.

[icke_is_right]

and bring us cheaper metal. I'd be loading up now if I had more money to get out of trash. They might push further south but don't miss out as a rebound from this trashing is likely to be fast and furious.

[tinyint]

China's central bank recommends citizens to buy gold

In its latest Financial Markets Review the People's Bank of China advises to the Chinese to buy gold as an asset protection.

The Central Bank of China, the People'sBank of China (PBOC), has released a market report on Friday.

As news services reported that the PBOC Financial Markets Review recommends that the Chinese buy gold.

With gold you can protect yourself against inflation and currency risks, they say.

In the past there have been repeated reports from the environment of Chinese government's people asking the population to purchase precious metals in .

There was a gold ban in China many years . Only since 2003, Chinese individuals may again buy physical gold in their own country. With TV commercials the Chinese were animated to even make precious metal purchases.


http://www.goldreporter.de/chinesische-zentralbank-empfiehlt-burgern-gold-zu-kaufen/gold/7590/

.

[nittylove]

Gold and silver testing new high's today.

[icke_is_right]

$38.44 was touched this morning. Looks like someone is trying to break the shorts today. The Cartel, didn't really get to trash silver very well yet. Is their time up? Only time will tell.

Enjoy the ride.

[diamond dogs]

$38.44 was touched this morning. Looks like someone is trying to break the shorts today. The Cartel, didn't really get to trash silver very well yet. Is their time up? Only time will tell.

Gold $742 Silver $9.52 (at start of G/S thread Nov08')

Enjoy the ride.

Silver up 4 fold since the start of the thread...in comparison Gold not yet doubled even with weak $. Why are/were they not pushing to buy silver rather than Gold at the start of the hype?

Is it just a case of when tshtf that envisages a surge in the Gold price in comparison?

[icke_is_right]

Silver up 4 fold since the start of the thread...in comparison Gold not yet doubled even with weak $. Why are/were they not pushing to buy silver rather than Gold at the start of the hype?

Is it just a case of when tshtf that envisages a surge in the Gold price in comparison?

In the book I recommended at the beginning of the thread, Mike Maloney laid out the silver facts. Anyone serious about buying metal should have read this book. Quite honestly, it's a personal decision. It's obvious that silver would do better but for me, it's not transportable. My gold, I could carry most places, my silver absolutely not.

Rich Dad (Kiyosaki) has been on about silver for years. Hindsight is always easier. My silver is now worth far more than my gold. I bought more silver Sept. 09. When I did this gold started outperforming silver! It was a real bummer.

It depends on what money you have and what storage you have. If you've only got a few hundred £ to spare, it's going to be silver. Gold still remains the money of the inbreeds. It too will rocket and have it's day. If they do back a currency with metal, it's likely to be gold.

We also have one other factor to take into account, and that is the fact that silver is industrial as well as investment based. In hyperstagflation, silver might be hit somewhat as industrial demand falls. Everyone talks about China being the new industrial hub but who the fuck are they going to sell to when everyone is broke? There are a few unknowns, just because things are unfolding now, doesn't always mean that they will continue to do so.

I've got my bases covered. Gold and silver are both massively suppressed. The returns that we are seeing on both do not generally happen in most investments. In a fund, you'd be luck to clear 10% profit a year. Gold is still doing brilliantly in investment terms.

[nittylove]

Anyone noticing supply problems of silver in the U.K now?

My preferred supplier has sold out of maples, libertads, philharmonics this week and as of writing only has 10 eagles left! ( Weightoncoinwonders)

[georgesmiley]

Just listenting on RBN and BOB (Uninterrupted by AJ) is talking about Gold and solver (sic)

He said LBMA may be in worse shape than the Comex when it comes to covering its short position

[the_count]

Anyone noticing supply problems of silver in the U.K now?

My preferred supplier has sold out of maples, libertads, philharmonics this week and as of writing only has 10 eagles left! ( Weightoncoinwonders)

Sorry, i think i bought them all :D

[confusious]

The cost of 150 Maples from Coininvestdirect delivered to UK is £4640 right now. The same order to Germany costs £4140. This is due to VAT differentials, and is madness. Perhaps we could come up with a scheme whereby we can collaborate on purchasing coins abroad and share the benefit. If we had the coins delivered to someone in Germany, I'd be happy to give them a few coins for their trouble. Would it then be possible to dispatch them to other countries by normal post without having to pay tax, if the invoice showed that VAT had already been paid elsewhere?

Just a thought, work with me on this. ;)

[georgesmiley]

Many will have heard of him. Those who haven't, he has a knack of knowing what is going to happen in the US economy while other pundits bury their heads.

any way I just discovered he has a daily 2 hr show
which you can access here

http://www.gcnlive.com/programs/peterSchiff/

and you can also get the archives for free.

Not exactly gold/silver but I thought it kind of fit in. :)

[icke_is_right]

The cost of 150 Maples from Coininvestdirect delivered to UK is £4640 right now. The same order to Germany costs £4140. This is due to VAT differentials, and is madness. Perhaps we could come up with a scheme whereby we can collaborate on purchasing coins abroad and share the benefit. If we had the coins delivered to someone in Germany, I'd be happy to give them a few coins for their trouble. Would it then be possible to dispatch them to other countries by normal post without having to pay tax, if the invoice showed that VAT had already been paid elsewhere?

Just a thought, work with me on this. ;)

If you contact, CID, they might let you pick up at the warehouse in Germany and pay German prices. You could consider getting yourself/ves to Berlin and buy direct off these people but it will involve currency exchange. I haven't used them yet but I've been recommended. Never, change large amounts of currency at a normal bank, they fleece the living daylights out of people. I'm not up to date with who is the best money changer in the UK, so I can't help there.

I use Norfolkline when I cross the Channel (as I like their chips and the fact they go from Dunkirk) but you can go in the tunnel for speed or with LD lines to Boulogne.

http://www.proaurum.de/

[confusious]

No, unfortunately you can't pick up from CID - I already thought of that.

Thanks for the link, though.

[icke_is_right]

No, unfortunately you can't pick up from CID - I already thought of that.

Thanks for the link, though.

This is their silver price list........

http://www.proaurum.de/preisliste.jsp?action=performSearch&pattern.metal.eq=ajp_SILBER_As_&pattern.productGroupOrProductType.eq=&pattern.isAvailable.eq__Checkbox=true

Have you contacted and asked CID about picking up £5k's worth of metal?

[confusious]

This is their silver price list........

http://www.proaurum.de/preisliste.jsp?action=performSearch&pattern.metal.eq=ajp_SILBER_As_&pattern.productGroupOrProductType.eq=&pattern.isAvailable.eq__Checkbox=true

Have you contacted and asked CID about picking up £5k's worth of metal?

Yes, it says on their website that orders cannot be collected and they also said that I would need a German postal address to get an order there.

[icke_is_right]

Yes, it says on their website that orders cannot be collected and they also said that I would need a German postal address to get an order there.

Yes, I know that. Hence the question, 'have you contacted them and asked them'? Don't get put off by their rules, this is about you getting what you want.

[revelations8878]

Anyone noticing supply problems of silver in the U.K now?

My preferred supplier has sold out of maples, libertads, philharmonics this week and as of writing only has 10 eagles left! ( Weightoncoinwonders)

Sarnia Silver - www.sarniasilver.com
Channel Island Silver - www.silvercoinsbullion.co.uk

Both have Philharmonics and Eagles in stock, I have used them many times and has been recommended by others too on the old "Crash JP Morgan" thread.

They are at a hefty premium though, but does work out cheaper if you can only afford only 1oz maybe 2oz a month. Just keep stacking.

[h2pogo]

http://silverliberationarmy.com/

Where the people that function within the “system” will no longer tolerate the corruption that surrounds our every day lives as it is!

We the people are starting to take peaceful action against the corporate banking occupation that stands to hold us down and suppress our well being.

This is no longer acceptable when banksters can take millions of dollars in bonuses while taking away our homes, the food from our families mouths, our assets, our savings and our dignity…

because of a system they designed to destruct!

These banking elite took these bonuses immediately after they took bailouts from our government’s tax dollars that we worked hard to earn and contribute into!

They took these bonuses without concern or regret.

And Yet They Boast They Are Too Big To Fail…

WRONG AGAIN!

No longer can we stand to allow a banking system that is trying to create a,

Criminal New World Order and One World Currency,

under their control without any say from us… the People.
No More!!!
“FIAT MONEY SUCKS!”

We the people will no longer tolerate rapid inflation due to printing of your worthless fiat currencies without protecting ourselves from your global tyranny!



The Silver Liberation is Strong and We Stand United on a Global front…

We Will Beat You at Your Own Game by Purchasing the One Weakness You Have Left Exposed!!!


SILVER
We will not be stopped!


We will not coward to your suppressed prices and we will continue buying this precious,

hedge against your inflation

until we have…

WON!
Inflation is a Crime!

[griswald]

National Inflation Association
The Federal Reserve Must Implement QE3

Gold prices surged today to a new all time high of $1,463.70 per ounce, while silver prices soared to a new 31-year high of $39.785 per ounce. Silver is now up 129% since NIA declared silver the best investment for the next decade on December 11th, 2009, at $17.40 per ounce. The gold/silver ratio is now down to 37, compared to a gold/silver ratio of 66 when NIA declared silver the best investment for the next decade. This means that not only is silver up 129% in terms of dollars since December 11th, 2009, but silver has also increased in purchasing power by 1.78X in terms of gold.

Gold is the world's most stable asset and the best gauge of inflation. This brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June. The Fed will surely not call it QE3, but NIA can pretty much guarantee that the Fed will continue on with their purchases of U.S. treasuries. If the Fed pauses after QE2, it will mean that treasury bond yields will need to surge to a level where they attract enough private sector and foreign central bank buyers in order to not only support the funding of our rapidly rising budget deficits, but to support the redemption of maturing treasury securities.

In the month of March, the U.S. government spent more than eight times its monthly tax receipts, when you include the money spent for maturing U.S. treasuries. The U.S. treasury netted $128.18 billion in tax receipts during the month of March, but paid out a total of $1.05 trillion, which included $49.8 billion in Social Security benefits, $47.4 billion in Medicare benefits, $22.58 billion in Medicaid benefits, and $37.9 billion in defense spending. However, by far, the U.S. paid out the most for maturing U.S. treasuries, which equaled $705.3 billion.

In order for the U.S. government to stay afloat with only $128.18 billion in tax receipts, it had to spend $72.5 billion from its balance of cash, which ended the month at $118.1 billion, and sell $18 billion worth of TARP assets. But most importantly, the U.S. treasury had to sell $786.5 billion in new treasury bonds.

The U.S. government is the largest ponzi scheme in world history. We can only fund our government expenditures and pay off maturing debt plus interest, by issuing larger amounts of new debt. Americans are lucky that we have been blessed with record low interest rates for an unprecedented amount of time, but NIA believes that as we roll over U.S. treasuries in the future, we will have to refinance them at much higher interest rates. Our national debt is now so large that interest payments on our debt will become the government's largest monthly expenditure.

If the Federal Reserve doesn't implement QE3, NIA believes it will just about guarantee a bursting of the U.S. bond bubble in the second half of 2011. If the Fed stops buying U.S. treasuries, there is a chance that we won't find foreign buyers for our bonds no matter how high interest rates rise. The world is waking up to the fact that the U.S. government is insolvent, and the benefits of propping up the U.S. dollar are no longer worth the expense to our foreign creditors. The U.S. government ponzi scheme will soon be exposed for the world to see.


Japan has been the most consistent buyer of U.S. treasuries. With Japan needing to raise $300 billion to rebuild parts of their country that were destroyed by the earthquake, tsunami, and nuclear disaster, we believe they will be forced to dump their U.S. treasuries, at a time when the U.S. desperately needs Japan to roll over their treasuries into larger amounts of new ones. Not only that, but with Arab revolutions taking place across major Saudi states and the U.S. beginning to occupy Libya for no reason at all, we will likely see Gulf states follow in Japan's footsteps and stop purchasing/dump U.S. treasuries. Plus, China appears to be becoming more reluctant to continue buying U.S. treasuries, and is positioning the yuan to be the world's new reserve currency. Without Japan, Saudi states, and China, there will be no buyers left for U.S. government bonds.

The fact is, with no QE3, we could literally see the 10-year bond yield double from 3.52% to north of 7%, overnight. Even then, it is unlikely to attract foreign buyers and we will likely be faced with failing bond auctions, which would cause a massive rush out of the U.S. dollar and trigger the currency crisis NIA has been predicting. NIA sees no other option for the Fed, but for it to continue on with its endless money printing and destructive inflationary policies.

Federal Reserve officials discussed last month in closed-door meetings the possibility that rising commodity prices could cause inflation. The fact is, rising commodity prices don't cause inflation, they are a symptom of inflation. When the Fed leaves interest rates at 0% for over two years and prints $600 billion as part of QE2, that money printing and easy money is the inflation of our money supply, and rising prices are the result.

The Fed is narrow-minded and continues to focus on the CPI, which only grew last month by 2.11% year-over-year. Fed Chairman Ben Bernanke says he expects rising commodity prices to create a “transitory” boost in U.S. inflation. Meaning, when the CPI rises even higher in the upcoming months, Bernanke will likely place the blame on what he considers to be temporarily high oil and soft commodity prices.

The CEO of Wal-Mart is now saying that U.S. inflation is “going to be very serious” and that Wal-Mart is already seeing “cost increases starting to come through at a pretty rapid rate.” He predicts that because of huge increases in raw material costs, along with soaring labor costs in China, and skyrocketing fuel costs around the world, retail prices will start increasing at Wal-Mart and all of their competitors in June, especially for clothing and food.

When asked about the predictions of Wal-Mart's CEO, Bernanke said that he expects price pressures to remain largely stable, but then added, "Wal-Mart has more data than the government does." Bernanke was also quoted as saying, "We have to monitor inflation and inflation expectations extremely closely because if my assumptions prove not to be correct, then we would certainly have to respond to that and ensure that we maintain price stability.”

The European Central Bank (ECB) is expected to raise interest rates tomorrow for the first time since 2008. Many people are now speculating that the Federal Reserve will begin raising the Federal Funds Rate at the end of 2011. NIA is receiving many new 'NIAnswers' and email questions on a daily basis, asking us what will happen to gold and silver prices if the Federal Reserve were to raise interest rates.

In our opinion, the Federal Reserve raising the Fed Funds Rate would actually be very bullish for gold and silver prices, because it will serve as an admission that even the Fed believes inflation is becoming a major problem and beginning to spiral out of control. Historically, the best performing time period for precious metals has been when the Fed begins to raise artificially low rates. Remember, when the Fed begins to raise rates, they will probably raise rates only 1/4 or possibly 1/2 of a percentage point at a time. Interest rates of 1% or 2%, although higher than 0%, are still artificially low and will do nothing to curtail inflation. NIA believes the real rate of U.S. price inflation is now 6% and we will need to see the Fed Funds Rate rise to a level that is higher than the real rate of price inflation, if the Fed wants to have any hope of preventing hyperinflation.

It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us

griswald

[griswald]

$40.13

gris..

[sephera]

I'm going to buy a lot of gold and silver as soon as I save up 10K or so.

I believe the fiat currency will collapse and become worthless. It is possible that the NWO will engineer this to convert nations to use an international monetary standard.

[trigger_andy]

I'm going to buy a lot of gold and silver as soon as I save up 10K or so.

I believe the fiat currency will collapse and become worthless. It is possible that the NWO will engineer this to convert nations to use an international monetary standard.


Why wait untill you have 10k?:confused: Why not buy in smaller amounts when you can?

[sephera]

Why wait untill you have 10k?:confused: Why not buy in smaller amounts when you can?

It's just a hassle to buy with contracts and stuff. I am thinking of buying gold and silver and storing it at the bullion company where there is high security and is covered under insurance.

I don't know where I can store it

[trigger_andy]

It's just a hassle to buy with contracts and stuff. I am thinking of buying gold and silver and storing it at the bullion company where there is high security and is covered under insurance.

I don't know where I can store it


Each to there own, I keep mine at home. 10oz of Gold fits in your pocket, there's plenty of places to hide in around the home. Ducked taped to the Rafters in loft, drill a hole in the Wall, whatever. Im sure as hell never gonna trust my metal anywhere other than my own possession. ;)

[icke_is_right]

It's just a hassle to buy with contracts and stuff. I am thinking of buying gold and silver and storing it at the bullion company where there is high security and is covered under insurance.

I don't know where I can store it

You'd better get a move on. www.goldmoney.com is where you can store insured. It's outside the banking system.

Unfortunately, the silver window is closing. Normally, when things get more expensive, the advance should slow a bit. In this case, it's likely to accelerate to extremes as JP Morgan get hammered.

£10k should be OK to have at home. Just don't tell anyone. That's the best insurance you'll ever have.

[sephera]

You'd better get a move on. www.goldmoney.com is where you can store insured. It's outside the banking system.

Unfortunately, the silver window is closing. Normally, when things get more expensive, the advance should slow a bit. In this case, it's likely to accelerate to extremes as JP Morgan get hammered.

£10k should be OK to have at home. Just don't tell anyone. That's the best insurance you'll ever have.

I am in Australia though, there might be some things happening in the next few years where I might not be able to retrieve it if it's not in the same country. I'm planning on buying from here.

http://www.abcbullion.com.au/

Also what do you mean by your signature?

1oz Gold Value Calc: $54,000 approx (Adrian Douglas)

[icke_is_right]

I am in Australia though, there might be some things happening in the next few years where I might not be able to retrieve it if it's not in the same country. I'm planning on buying from here.

http://www.abcbullion.com.au/

Also what do you mean by your signature?

1oz Gold Value Calc: $54,000 approx (Adrian Douglas)

http://www.gata.org/files/AdrianDouglasProofOfGoldPriceSuppression-07-20-2010.pdf

[revelations8878]

This was just posted on the coininvestdirect.com site.

Financial Times - Gold Prices - YouTube

drool any1? :P~~~~~~~~~~~~~~~~

[georgesmiley]

here is Bob on Gold&Silver -

http://www.youtube.com/watch?feature=player_embedded&v=v2vQBij7JJY

JP will default - there will only be a physical market

[icke_is_right]

Gold & Silver Game Changer - Central Bank Buying - Mike Maloney

Gold & Silver Game Changer - Central Bank Buying - Mike Maloney - YouTube

[ell ess dee]

Gold prices hit new record high


Investment bankers and commodities analysts are giving the thumbs up for putting money into gold as the price of the yellow metal has advanced to a record.


Gold rose as high as USD 1,476.21 an ounce and was bid at USD 1,467.40 an ounce on Monday, against USD 1,472.70 late in New York on Friday, Reuters reported.

"Looking across the board, over the last week there has been investor interest in the metals," global head of commodity derivatives trading at Standard Chartered, Jeremy East, said.

He added that gold is better supported than silver because it has a dual role as an investment vehicle and an industrial commodity.

The comments come as the price of precious metals has increased this year by elevated oil prices after popular uprisings swept across the Middle East and North Africa.

The debt crisis in some smaller euro zone economies, such as Portugal, has also contributed to the hike in the price of bullion.

"Gold is definitely supported by the Portugal bailout and the weakening dollar, but silver seems much more speculative," East said.

"If gold pulls back USD 50, we would expect to see some good physical demand coming in. Silver needs to do a lot more."

Gold will profit from a weak dollar as it makes commodities valued in dollar cheaper for people holding other currencies.

Economists say that investor money has flowed to precious metals due to the potential for soaring inflation in developing markets and changes to monetary policy in the United States.

“Gold investor interest is likely driven by ongoing concerns about inflationary pressures, both in emerging and developed economies, sovereign debt levels and economic uncertainty, notably in the light of current high oil prices," Anne-Laure Tremblay, an analyst from Paris-based BNP Paribas banking group, said.

“Global monetary policy -- not only the US -- is one of the key themes for gold in 2011,” she added.

http://www.presstv.ir/detail/174278.html

[isaidskyla]

I agree with this thread. Gold and silver could very well save your life if you are among those people who refuse to comply with the NWO. Don't feel like you necessarily need to buy coins etc. Rings and chains may raise fewer flags. I would advise people to buy jewelry as it is affordable, portable and easily hidden. You may not be allowed to keep any land you own if you regect the nwo so you must keep in mind that you will be on the run once this plan reveals itself. Small, spread out well hidden stashes can lighten your pack and extendyour chances.

[davoid]

If people are predicting the collapse of the system wouldn't they be better off buying lead in brass casings?

[sephera]

I agree with this thread. Gold and silver could very well save your life if you are among those people who refuse to comply with the NWO. Don't feel like you necessarily need to buy coins etc. Rings and chains may raise fewer flags. I would advise people to buy jewelry as it is affordable, portable and easily hidden. You may not be allowed to keep any land you own if you regect the nwo so you must keep in mind that you will be on the run once this plan reveals itself. Small, spread out well hidden stashes can lighten your pack and extendyour chances.

If people buy jewellery it should be 24K because 18K becomes useless. It has low resale value. I'm looking to buy gold in Sydney.

[icke_is_right]

We mainly buy coins or bars or store somewhere safe. Eg www.goldmoney.com. Jewellery could be useful but the resale value will not be as good as coins.

If you are in the US, things are a bit tricky. It's long been advised to store outside the country. We expect trouble in the US, so it's best to prepare for it.

If you are new, you need to understand the gold and silver suppression scheme. There is far more to these metals than just a store of value. They are massively cheap because of the above scheme. Yes, gold is cheap!

[icke_is_right]

If people are predicting the collapse of the system wouldn't they be better off buying lead in brass casings?

The collapse of the USD looks almost certain. Here we specialise in one particular area. The idea is just to remove cash savings and put them where they will be safe when currencies disappear and new ones are created.

Many posters grow there own food, store food and do other things. You savings account doesn't really take much time to sort out. It's preparing for a few different scenarios.

Unlike most threads, we are people actually doing it, not just talking about it and discussing things. People who bought metal over the last years are now able to purchase more essentials with their savings which would have otherwise diminished greatly. So, this is a work in progress and we are organised and educated in one particular field.

[icke_is_right]

www.coininvestdirect.com

www.goldmoney.com


The problem with silver is the 20% VAT, you pay 7% in Germany if you can travel there. I saw an old utube vid yesterday on www.maxkeiser.com by a guy who said he was importing direct from the US tax free. This is of course fine until you get caught. I know from experience that when this is found out, you have to pay the full VAT before the postal service will deliver to your door. You can take the risk but that's the score.

I have used both the above suppliers. I have been recently recommended this company in Berlin, for those who would want to travel and pick up large amounts, hence saving the VAT. It is OK to bring this to the UK when you show receipts. Also, over Euro 10k, these need to be shown to police if requested. (Try doing FMOTL if your foreign language skills are good enough:))

http://www.proaurum.de/


If you send money via bank transfer in large amounts to be converted to EUROS, use a service like HIFX. They will save you hundreds on deals over £5k. You can then perhaps send the money direct to the above people. Again, I haven't used them yet but they have been recommended and there are a big dealer with reasonable prices. The rest is up to you.

[davoid]

The collapse of the USD looks almost certain. Here we specialise in one particular area. The idea is just to remove cash savings and put them where they will be safe when currencies disappear and new ones are created.

Many posters grow there own food, store food and do other things. You savings account doesn't really take much time to sort out. It's preparing for a few different scenarios.

Unlike most threads, we are people actually doing it, not just talking about it and discussing things. People who bought metal over the last years are now able to purchase more essentials with their savings which would have otherwise diminished greatly. So, this is a work in progress and we are organised and educated in one particular field.

OK, I take on board what you're saying. And those ingots do look nice!

I see the present practicality, that you can easily transfer again in the present system should you need to purchase something. OK, it's a good idea.

I was just thinking that if the s*** really did hit the fan, gold would be a worthless commodity; I don't see why people would be interested in gold if all that counted was survival and defending yourself against militarized forces. Hence the semi-facetious suggestion of buying bullets instead of gold. But I understand you can't easily sell off bullets to buy yourself a new car or house... without being an arms dealer - so they would only really be a saving option if you were expecting the imminent collapse of the capitalist system.

I know that gold has always had value throughout history, but for some reason I have this hunch that it wouldn't this time, if the system collapsed. I think many people have awakened to the trap of money, and wouldn't want to contribute to building that system back up again. I certainly wouldn't be impressed by an offer of gold if I was looking for food. I think utilitarian resources would be better saved. Imagine how valuable water might become.

Sorry, I'm not looking to detract from your thread - I think you're right.

What you're doing is a very good way of safeguarding against the instability of printed money. I just think you will need to realize when it's time to bail out of even the gold market and buy real resources - and very timely so...

[sephera]

Well people will always value gold no matter what even when it's all about survival. I know people in the Pol Pot regime used to trade 1 tael of gold for a few potatoes. They were defending themselves against military forces. People were trading gold and diamonds for food.

[davoid]

Well people will always value gold no matter what even when it's all about survival. I know people in the Pol Pot regime used to trade 1 tael of gold for a few potatoes. They were defending themselves against military forces. People were trading gold and diamonds for food.

But wasn't that because the diamonds and gold had value outside of their own societies, and a transfer would bring resources into their own?

In the event of global collapse, there would be nobody else accepting these commodities as valuable. If, on the other hand, collapse were confined to one country, and the rest of the world still valued gold, then it could still be traded.

[isaidskyla]

Unless gold became a currency amongst those underground. I am not referring to trading my gold in because of a collapse. I do not intend on complying with the NWO one currency at all which will likely result in my being a criminal, I am certain any land I own would require me to register under a form of NWO identification so my keeping land to stash a brick in will prove difficult.

[confusious]

www.coininvestdirect.com

www.goldmoney.com


The problem with silver is the 20% VAT, you pay 7% in Germany if you can travel there. I saw an old utube vid yesterday on www.maxkeiser.com by a guy who said he was importing direct from the US tax free. This is of course fine until you get caught. I know from experience that when this is found out, you have to pay the full VAT before the postal service will deliver to your door. You can take the risk but that's the score.

I have used both the above suppliers. I have been recently recommended this company in Berlin, for those who would want to travel and pick up large amounts, hence saving the VAT. It is OK to bring this to the UK when you show receipts. Also, over Euro 10k, these need to be shown to police if requested. (Try doing FMOTL if your foreign language skills are good enough:))

http://www.proaurum.de/


If you send money via bank transfer in large amounts to be converted to EUROS, use a service like HIFX. They will save you hundreds on deals over £5k. You can then perhaps send the money direct to the above people. Again, I haven't used them yet but they have been recommended and there are a big dealer with reasonable prices. The rest is up to you.

BTW, you can pay in GBP at that German company, you won't need to convert your money, which saves even more. You can also pick up in Munich or Berlin. Good stuff.

[icke_is_right]

BTW, you can pay in GBP at that German company, you won't need to convert your money, which saves even more. You can also pick up in Munich or Berlin. Good stuff.

Great to hear. That will make things much easier for people.

[griswald]

http://www.thegrandsocial.ie/event/max-keiser-special-guests

griswald

[icke_is_right]

The Cartel Inbreeds are trashing the silver price (and gold) around these levels. Look on an hourly chart, it's so blatant!

Personally I think that it looks like it's soon going to rocket north from these levels again, as they have not successfully trashed the price much over the last days.

They've just trashed to $40.69 just after 1100 hours GMT, with the low price a bit further south, sometimes they go for another push south in the next hour. Let's wait and see if they can.

[revelations8878]

Max Keiser's website (www.maxkeiser.com) has announced that Max will be on "10 o'clock Live" the Channel 4 programme with David Mitchell, Jimmy Carr etc - shud be full of laughs with Max and these guys.

Should be well worth the watch if you have access to Channel 4. It's on TONIGHT at 22:00 BST - hence "10 o'clock live"...

On another note, silver prices have been up the past couple of days but around 14:00 in UK, the prices start to drop when USA wake up which to me looks a lot like evidence of manipulation.

[icke_is_right]

On another note, silver prices have been up the past couple of days but around 14:00 in UK, the prices start to drop when USA wake up which to me looks a lot like evidence of manipulation.

There is lot's of data on this particular phenomenon going back years if you're interested. Adrian Douglas has done studies on it. The Cartel generally wack the price down at US open.

[revelations8878]

There is lot's of data on this particular phenomenon going back years if you're interested. Adrian Douglas has done studies on it. The Cartel generally wack the price down at US open.

Yeh I am interested, do you have any articles or words I should type into google? i.e. is there a term for this phenomenon?

On another note, Coininvestdirect are now letting customers collect in Germany so you only pay the 7% VAT!

Road trip anyone?

[mrunhappy]

Just another bubble waitin to burst.

[h2pogo]

Just another bubble waitin to burst.

and when it does the price will really rocket..not long now me thinks.

http://www.youtube.com/watch?v=XpILHQi1k6k&feature=player_embedded#at=375

[icke_is_right]

Yeh I am interested, do you have any articles or words I should type into google? i.e. is there a term for this phenomenon?

On another note, Coininvestdirect are now letting customers collect in Germany so you only pay the 7% VAT!

Road trip anyone?

https://marketforceanalysis.com/resources/Published-Articles/More-Forensic-Evidence-of-Gold-and-Silver-Manipulation.pdf

http://www.coininvestdirect.com/en/collection_in_germany.html

That's great news! I advised a member to contact them the other day because a friend of mine was negotiating visiting the depot. I didn't say that, you've gotta go that little bit extra sometimes. Lol.

Above is the article that I was refering to.

[icke_is_right]

Just another bubble waitin to burst.

It's commonly known that people who are successful at what they do, are generally more content in life (happy).:)

[griswald]

http://www.zerohedge.com/article/will-silver-surge-following-nationalization-bolivias-silver-mines-president-evo-morales



Two weeks ago the precious metals space was closely following the fate of Sumitomo's San Cristobal mine, where a long strike had paralyzed work at the world's third largest producer of silver and sixth-largest producer of zinc. While the strike was eventually resolved with concession to the domestic workers, a far more troubling report from Bolivian daily La-Razon states that Bolivia's president Evo Morales is now planning on expropriating zinc, silver and tin mines sold off by previous governments. Bloomberg reports that "Morales will announce a decree May 1 to “dismantle the privatization model,” said Nicolas Fernandez, a spokesman for state mining company Corp. Minera de Bolivia, known as Comibol. "The government is recovering all the privatized companies,” Fernandez said today in a telephone interview from La Paz. “When the decision is taken, Comibol will be ready to manage these mines.”" Among the contracts to be affected are those with Glencore International AG, Pan American Silver Corp., and most importantly, Coeur d’Alene Mines Corp., which is operator of the San Bartolome mine: the world's largest pure silver mine. Notably San Bartolome and Sumitomo's San Cristobal "account for about 83% of the nearly 1.1M tons of fine silver Bolivia produced in 2009, according to Mining Ministry data" according to The Gold Report. If indeed this news is proven true, and we will know for sure in 16 days, looks for the price of silver to spike considering about 1.33 million kilograms of silver was produced in Bolivia 2009, according to the U.S. Geological Survey: an amount which will likely fall off a cliff following the utter chaos that is unexpected nationalization.

griswald

[h2pogo]

It pains me to say it but bid bullion who are selling the silverkeisers are scam artists..another corporation robbing people..

I paid for silver keisers in december waited paitiently till april when they said the full order could be filled and it isnt..

the only email they responded to was to say they couldnt combine shipping with new order but would take more money off me for a new order..

I have been buying silver for years and never been robbed like this before..

A real shame as its giving Max keiser a bad name even though there is a disclaimer that Max has nothing to do with it..

Any one any ideas how i can extract my silver from these fuckers.

Btw i have given plenty of opportunity to get me my silver and plenty of warning i would be sharing my experiences..

EDIT..after making this post and others calling them scam artists i received an email saying they will look into it..

[diamond dogs]

Gold now closed at $1486 (all time hgh) so since the start of the thread it has doubled..nothing like silver but beats the banks by a country mile and it is looking ominous for the future.. IIR IR

Gold $742 Silver $9.52 (at start of G/S thread Nov08')

[sephera]

Where is the best place to buy gold and silver in Australia, Sydney?

[revelations8878]

As usual tv programmes nail things on the head but to the sheeple it's just comedy, but they dont really understand it. Watch this for a good laugh about banks:

South Park: Importance of Saving Money.
http://www.southparkstudios.co.uk/clips/sp_vid_222624/

Glad im out of the paper market.

[icke_is_right]

Where is the best place to buy gold and silver in Australia, Sydney?

Members have told me that they have uses these dealers:

http://stores.ebay.com.au/Peter-Strich-Stamps-and-Coins?_trksid=p4340.l2563

http://www.abcbullion.com.au/index.php/default/page/13

So, I'm just passing on the info. I haven't used them. I have one bit of advice though. Do NOT buy to store at the Perth Mint. I hope this helps.

[lynfowars]

A new CNBC news report - A clear warning to get the hell OUT of paper metals NOW!

Shows a man who invested in silver, he even paid his 'storage fees', but when he asked to take delivery of his metal, he was told ....fuck off.

So he is selling his paper and buying physical metals.

Great video, could it be the first sign of the panic stage?

CNBC "If you want to really own it, you have to have the coin"

CNBC - Dump SLV for Physical Silver!! 4/15/2011 - YouTube

[icke_is_right]

A new CNBC news report - A clear warning to get the hell OUT of paper metals NOW!

Shows a man who invested in silver, he even paid his 'storage fees', but when he asked to take delivery of his metal, he was told ....fuck off.

So he is selling his paper and buying physical metals.

Great video, could it be the first sign of the panic stage?

CNBC "If you want to really own it, you have to have the coin"

http://www.youtube.com/watch?v=pt1wNi4SZ68

Indeed that last bit was stunning because it was in the mainstream. However that bloke before talking about pullbacks if we hit $50, selling at 50 and rebuying, doesn't appreciate what happens when physical supply dries up!:D Not something that I'd do in a million years.

Yes, this is the sort of thing that Mike Maloney spoke of in his book. It's a very good sign for us SLA members but a little bit concerning in another way. The market is beginning to go completely mental!

[powerball]

a great call icke_is_right! Wish I would have seen this back in 08'! Hope those that saw it back then heeded your recommendation and reaped the benefits!

[icke_is_right]

a great call icke_is_right! Wish I would have seen this back in 08'! Hope those that saw it back then heeded your recommendation and reaped the benefits!

Thanks but remember silver is still dirt cheap and gold is cheap still. I believe that silver is going to or near to the same price as gold, at whatever price gold is. I was at the flea market today and found one very poor condition 1oz Eagle which was blackened all over (Don't touch your silver with bare hands) and the guy wanted 35 Euros for it. About this time last year, I picked up a 2006, encased Kookabura for 9 Euros.

Strangely enough, most people don't or didn't seem to get this metal situation. As you'll see as silver is now running out, people are still commenting that it's in a bubble. Hardly anyone has silver or gold coins worldwide, under 1% of all money is invested in this market still. This is still stunning when we have had extensive money printing. The paper prices that these metals will go to will astound most people. Nearly all the commentators seem to be wildly underestimating things. I suppose that they don't want to get it wrong.

This is a game of musical chairs with 100 or more dancers and one chair. The music is soon going to stop.





http://westindia.wordpress.com/2011/04/15/belarus-c-bank-halts-sales-of-gold-for-roubles/

Belarus c.bank halts sales of gold for roubles
Fri Apr 15, 2011 11:57am GMT Print | Single Page [-] Text [+]

MINSK, April 15 (Reuters) – Belarus’ central bank has stopped selling gold to local retail customers for Belarussian roubles BYR=, it said on Friday, after demand for precious metals soared due to expectations of a currency devaluation.

The bank did not explain its decision.

Belarus is in talks with Russia on a $3 billion bailout package that Minsk hopes will help it avoid a painful devaluation of the rouble and offset the large current account deficit.

Belarussians bought 470 kilograms of gold from the central bank last month, up from 209 kilograms in January and February together, as they sought to protect their savings.

Analysts say that Belarus will have to eventually devalue the rouble by about 20-30 percent even if it receives aid from Moscow. However, the central bank has said it would not make any such moves until late April.

The rouble traded at 3,052 per dollar on Friday BYR= and has weakened by 7.57 percent so far this year against a basket that includes the dollar, the euro and the Russian rouble.

The central bank has said it would keep the exchange rate movements against the currency basket within 8 percent this year. (Reporting by Andrei Makhovsky; Writing by Olzhas Auyezov; editing by Patrick Graham)

[h2pogo]

It pains me to say it but bid bullion who are selling the silverkeisers are scam artists..another corporation robbing people..

I paid for silver keisers in december waited paitiently till april when they said the full order could be filled and it isnt..

the only email they responded to was to say they couldnt combine shipping with new order but would take more money off me for a new order..

I have been buying silver for years and never been robbed like this before..

A real shame as its giving Max keiser a bad name even though there is a disclaimer that Max has nothing to do with it..

Any one any ideas how i can extract my silver from these fuckers.

Btw i have given plenty of opportunity to get me my silver and plenty of warning i would be sharing my experiences..

EDIT..after making this post and others calling them scam artists i received an email saying they will look into it..

May be i was a bit hasty denouncing sla as a scam..
It was http://www.silverkeiser.net/ where i made an order in december where they promissed delivery in january this got put back to march then april for delivery of all coins even though they said they could deliver the 1 + 5 oz coins in march..when the SLA was launched i joined and was directed to http://www.silverkeiser.net/ where new coins were available along with the coins i have been waiting for.
I sent a mail saying i wanted to place a new order and if it was possible to combine shipping with my old order.They promtly replied saying they could not..so i replied saying can i pay for shipping for my first order thinking i would be a fool to place a new order as i have been waiting four months already and not seen any silver..my emails were ignored..untill i started posting on the web that i thought they were scammers (as i warned them i would)
within minuits of me posting on various sites they got back to me saying they would look at my order..I dont know why they didnt look at my order and send an invoice for shipping before replying..

I am hoping they are not scammers but just a bit slack and/or understaffed and overworked and as they say are genuinly struggling to get hold of physical silver..It just pissed me off that they would take more money from me but not sort my order out..It clearley said the first silverkeisers would be sold on a first come first serve basis..and i orderd the day they were released.
really pained me to slag them as i think its the best campaign to expose and bring down the bankers..I hope to update with some possitive news soon..

[mace]

Ickey, why not touch silver with bare hands?

[icke_is_right]

Ickey, why not touch silver with bare hands?

Tarnish. Handle with gloves or with something between you and your skin otherwise you speed up the blackening process. You don't want to be polishing silver with chemicals either. Just leave them alone.

[coatman]

Hey guys, i am regular @ keeping tabs on this topic but i am finding it very useful in the information side of things like the rates & exposure but i am having next to no luck atall at finding the correct advise or links to where/how to aquire such metals !!!

cany anyone please help as i am wanting to get right onto this..

I live in the UK and dont know if the websites are legit enough or who to talk too

/.?

thanks in advance x

[trigger_andy]

Hey guys, i am regular @ keeping tabs on this topic but i am finding it very useful in the information side of things like the rates & exposure but i am having next to no luck atall at finding the correct advise or links to where/how to aquire such metals !!!

cany anyone please help as i am wanting to get right onto this..

I live in the UK and dont know if the websites are legit enough or who to talk too

/.?

thanks in advance x


I was in the same boat as you last year. I wanted to make my first purchase this year for £5000 so I was very worried where to spend my money. I have had no issues with Ick_is_right's advice on using coinsinvestdirect.

Although, if you where a regular viewer of this thread you would have known this.;)

[cont]

Has anyone else been ridiculed by their parents/friends/family for trying to persuade them to be prudent and by some physical metal?

They keep on saying: do what you want with your own money. I know, and I will, but I don't want you to lose all yours! Then they get annoyed that I don't respect their obviously superior interpretation of economic events, gleaned from statements made by government ministers, BBC reports, and newspaper editorials. Another popular mental obstacle is they don't think anyone will buy it from them when they want to sell it.


On investing - why not buy from 2 or 3 different companies? Share the load. coinsinvestdirect. bullionbypost. ukgoldbullion. goldline. All these companies require bank transfer. This is pretty easy, the cashier will set it up, all you need to do after that is go to the machine and execute.


Does anyone know why silver maples so much cheaper than silver roses (£5 per) on CID?

[halftheworldaway]

Hey guys, i am regular @ keeping tabs on this topic but i am finding it very useful in the information side of things like the rates & exposure but i am having next to no luck atall at finding the correct advise or links to where/how to aquire such metals !!!

cany anyone please help as i am wanting to get right onto this..

I live in the UK and dont know if the websites are legit enough or who to talk too

/.?

thanks in advance x

I've purchased gold and silver from four companies and each time they were great transactions.

http://www.goldline.co.uk/ is very well known in UK precious metal circles as they are based in the UK.

http://www.coininvestdirect.com/ continental based. Also very well known.

http://www.atkinsonsthejewellers.com/shop.php?sec=cat&cat=5 UK again, somewhat less well known though.

http://www.hattongardenmetals.com/buy-gold.aspx Also UK.

Depending what you want, you'll find slight differences in their prices. For example, I bought every krugerrand at Hatton Garden Metals, sovereigns at Atkinsons, 20 gram ingots at Goldline and silver at coininvestdirect.

Try google for 'coininvestdirect customer reviews' etc for others' opinions about the above firms.

[icke_is_right]

Has anyone else been ridiculed by their parents/friends/family for trying to persuade them to be prudent and by some physical metal?

They keep on saying: do what you want with your own money. I know, and I will, but I don't want you to lose all yours! Then they get annoyed that I don't respect their obviously superior interpretation of economic events, gleaned from statements made by government ministers, BBC reports, and newspaper editorials. Another popular mental obstacle is they don't think anyone will buy it from them when they want to sell it.


On investing - why not buy from 2 or 3 different companies? Share the load. coinsinvestdirect. bullionbypost. ukgoldbullion. goldline. All these companies require bank transfer. This is pretty easy, the cashier will set it up, all you need to do after that is go to the machine and execute.


Does anyone know why silver maples so much cheaper than silver roses (£5 per) on CID?

Not one family member of mine owns metal. Here are their words:

'You bring us down'
'I just want to enjoy life'
'People don't have time to think'
'You have too much time to think'
'We haven't got money to invest'

These are quotes surrounding not just metal but conspiracy in general but my warnings about hyperinflation really threw a spanner in the works. To them investing is risky but they do not understand that being invested in pensions, fiat money and housing is very risky. In summary, they cannot fathom that their houses are not assets and what real money is. Just like most people.

There is now a steady stream of people who are enquiring as to where they can buy silver and gold. It took me a long time to wake up to the situation too, so it's understandable. However, I've had the impression that 95% of people, don't agree with having gold or silver. The main 2 arguments are that 'they will crash the price' and 'you cannot eat gold'. Now, if we go to levels of nuclear war, I'm inclined to agree. So far, we are not there and our money is not being stolen by inflation.

I actually still remain more concerned about all the others who aren't prepared, rather than myself. My bottom line is, now I don't have to worry about so many of the things that most people do everyday. I'm sorry to say but the hardest thing about this whole situation for me, is that people will not awaken from their deep hypnosis and mock people like us for telling them the truth. I have had very little contact with my UK family now for over a year and a half. I just don't have normal things to talk about as I find it hard to ignore the truth. If I would viist again, I'd have to pretend to be someone else and I'm too damned old for that BS. I am me and I/we know what we are talking about. Ignore us and we're all going down! Pisses me off greatly, something that I must work on.

[icke_is_right]

http://www.goldmoney.com/gold-research/anatomy-of-a-short-squeeze.html

Anatomy of a short squeeze
2011-APR-16
The shortage of gold and silver is the driving force behind the bull markets in these metals. Quite simply, the outstanding obligations in these commodities exceed the stock available. I vividly recall a rare example of a similar situation during my stockbroking days, which will serve to illustrate this point.

In the UK’s property crash of 1974, the shares of property companies fell by as much as 90%, but one share that resisted this trend was London Bridge Securities. LBS shares remained stubbornly high, because as it turned out, the directors and their cronies were buying them. Eventually, however, they were swamped by short-sellers, and the share price fell heavily. The directors of London Bridge Securities then realised that they and their friends owned more than 100% of the company. This state of affairs arose because the short-sellers were unable to deliver any scrip, and none of the existing shareholders were prepared to lend them any. The result was a buying-in procedure involving an auction on the floor of the stock exchange, where the price was bid up to a level where holders of the shares were prepared to sell.

The short was closed out at about three times the share price of earlier that morning. The squeeze on the bear position had nothing to do with the company’s underlying value: it occurred because one big speculator got into an impossible position that had to be resolved. And that more or less is where gold and silver appear to be today.

Silver offers the closer parallel with the London Bridge example. There are a few banks with large short positions in silver on the US futures market in quantities that simply cannot be covered by physical stock. The outstanding obligations are far larger than the stock available. The lesson from the London Bridge example is that prices in a bear squeeze can go far higher than anyone reasonably thinks possible. The short position in gold is less visible, being mainly in the unallocated accounts of the bullion banks operating in the LBMA market. But it is there nonetheless, and the bullion banks’ obligations to their bullion-unallocated account holders are far greater than the bullion they actually hold.

But there is one vital difference between my example from the property market of 1974 and gold and silver today. The bear who got caught short of London Bridge Securities was right in principal, because LBS went bust shortly afterwards; but in the case of gold and silver, the acceleration of monetary inflation is underwriting rising prices for both metals, making the position of the bears increasingly exposed as time marches on.

Perhaps the most important lesson we can learn from the LBS situation – and highly applicable to the situation today in precious metals, which could be developing into the largest short squeeze in history – is that very few other people in the investment community actually understand what is happening. This is something to bear in mind when taking investment advice.

Tags: inflation, silver price manipulation, UK
Author: Alasdair Macleod

[h2pogo]

May be i was a bit hasty denouncing sla as a scam..
It was http://www.silverkeiser.net/ where i made an order in december where they promissed delivery in january this got put back to march then april for delivery of all coins even though they said they could deliver the 1 + 5 oz coins in march..when the SLA was launched i joined and was directed to http://www.silverkeiser.net/ where new coins were available along with the coins i have been waiting for.
I sent a mail saying i wanted to place a new order and if it was possible to combine shipping with my old order.They promtly replied saying they could not..so i replied saying can i pay for shipping for my first order thinking i would be a fool to place a new order as i have been waiting four months already and not seen any silver..my emails were ignored..untill i started posting on the web that i thought they were scammers (as i warned them i would)
within minuits of me posting on various sites they got back to me saying they would look at my order..I dont know why they didnt look at my order and send an invoice for shipping before replying..

I am hoping they are not scammers but just a bit slack and/or understaffed and overworked and as they say are genuinly struggling to get hold of physical silver..It just pissed me off that they would take more money from me but not sort my order out..It clearley said the first silverkeisers would be sold on a first come first serve basis..and i orderd the day they were released.
really pained me to slag them as i think its the best campaign to expose and bring down the bankers..I hope to update with some possitive news soon..

Today i got an email replying to an email i sent previous to their last reply asking if I got their last email (which said they would look at my order).
the mail i got today didnt mention my order or shipping but said all orders have been shipped:(

I am starting to despair..Taking the piss does pop in my head..

I have been buying silver for years and never had a problem.

This is not good for Max keiser and the silver liberation army..Which is a shame.

[griswald]

Today i got an email replying to an email i sent previous to their last reply asking if I got their last email (which said they would look at my order).
the mail i got today didnt mention my order or shipping but said all orders have been shipped:(

I am starting to despair..Taking the piss does pop in my head..

I have been buying silver for years and never had a problem.

This is not good for Max keiser and the silver liberation army..Which is a shame.


Was your shipment sent by registered or recorded post.

griswald

[h2pogo]

Was your shipment sent by registered or recorded post.

griswald

It hasnt been sent yet..I havnt even paid for shipping yet.

[h2pogo]

May be i was a bit hasty denouncing sla as a scam..
It was http://www.silverkeiser.net/ where i made an order in december where they promissed delivery in january this got put back to march then april for delivery of all coins even though they said they could deliver the 1 + 5 oz coins in march..when the SLA was launched i joined and was directed to http://www.silverkeiser.net/ where new coins were available along with the coins i have been waiting for.
I sent a mail saying i wanted to place a new order and if it was possible to combine shipping with my old order.They promtly replied saying they could not..so i replied saying can i pay for shipping for my first order thinking i would be a fool to place a new order as i have been waiting four months already and not seen any silver..my emails were ignored..untill i started posting on the web that i thought they were scammers (as i warned them i would)
within minuits of me posting on various sites they got back to me saying they would look at my order..I dont know why they didnt look at my order and send an invoice for shipping before replying..

I am hoping they are not scammers but just a bit slack and/or understaffed and overworked and as they say are genuinly struggling to get hold of physical silver..It just pissed me off that they would take more money from me but not sort my order out..It clearley said the first silverkeisers would be sold on a first come first serve basis..and i orderd the day they were released.
really pained me to slag them as i think its the best campaign to expose and bring down the bankers..I hope to update with some possitive news soon..

Today bidbullion who are responsible for the illusive silverkeisers are launching their bullion site.http://www.bidbullion.com/

I really thought they would of sorted their first customers before launching a new bullion selling site and the millionounce march.

We are talking serious sums here..could be a huge scam.

so far as i am the only person i know who brought the silvekeisers i am starting to think it is. so please beware.

[griswald]

Today bidbullion who are responsible for the illusive silverkeisers are launching their bullion site.http://www.bidbullion.com/

I really thought they would of sorted their first customers before launching a new bullion selling site and the millionounce march.

We are talking serious sums here..could be a huge scam.

so far as i am the only person i know who brought the silvekeisers i am starting to think it is. so please beware.

I believe silverkeisers are withdrawing paypal.

Pm sent.

gris...

[h2pogo]

I believe silverkeisers are withdrawing paypal.

Pm sent.

gris...

Thats wierd..I just paid for my shipping with paypall..

I did try to pay for shipping before buy the paypall account had been susspended.

I am hoping clever scam artists wouldnt be so slack.

Thanks a million for that..

[sephera]

My first time venturing into buying silver and gold. I have just applied for an account. I think I'm going to buy 2kg of Silver for the time being. Gold is too expensive at the moment. I am not sure if it is safe to store it at the company, they said they provide security and insurance on all the gold. I know that by next year I will take it out physically when I have a good and safe storage location available.

[mace]

My first time venturing into buying silver and gold. I have just applied for an account. I think I'm going to buy 2kg of Silver for the time being. Gold is too expensive at the moment. I am not sure if it is safe to store it at the company, they said they provide security and insurance on all the gold. I know that by next year I will take it out physically when I have a good and safe storage location available.

At the moment? It aint gonna get any cheaper! ;)

[icke_is_right]

My first time venturing into buying silver and gold. I have just applied for an account. I think I'm going to buy 2kg of Silver for the time being. Gold is too expensive at the moment. I am not sure if it is safe to store it at the company, they said they provide security and insurance on all the gold. I know that by next year I will take it out physically when I have a good and safe storage location available.

What company are you placing your trust in? I recommend www.goldmoney.com for this purpose because they are tried and tested by me and they are outside the realms of the banking and LBMA who don't have the metal that they say they do. Silver and gold still remain cheap.

If you mention Max Keiser on application to Goldmoney, you get the first 6 months storage free.

[georgesmiley]

If you mention Max Keiser on application to Goldmoney, you get the first 6 months storage free.

wish I knew that before i opened mine

jim rogers hopes that silver doesnt get to $150 this year as that would indicate a bubble (unless the USD is tanking)

listen to him here

http://www.youtube.com/watch?feature=player_embedded&v=3aGtUyTLvwE

[tesla]

New videos up

20 Reason to Sell (BUY!!) Your Silver : Bix Weir Part 1 +2

20 Reasons to BUY Silver : Bix Weir Part 1 - YouTube

20 Reasons to BUY Silver : Bix Weir Part 2 - YouTube

[sephera]

What company are you placing your trust in? I recommend www.goldmoney.com for this purpose because they are tried and tested by me and they are outside the realms of the banking and LBMA who don't have the metal that they say they do. Silver and gold still remain cheap.

If you mention Max Keiser on application to Goldmoney, you get the first 6 months storage free.

I'm going via this company, http://www.abcbullion.com.au/

They have been around for decades. I have signed up for an account with GoldMoney, I'm just concerned when I want to take the gold physically what would happen?

[mrunhappy]

I'm staying away from gold and silver.. I don't trust what is going on...

Anyone know anything about Zopa or Circle Funding?

[georgesmiley]

They have been around for decades. I have signed up for an account with GoldMoney, I'm just concerned when I want to take the gold physically what would happen?

This will help about getting gold from goldmoney (if you want sdilver delivery you have to have 30,000 troy ounces delivered

http://www.goldmoney.com/100-gram-1-kilo-gold-bars.html

[icke_is_right]

I'm going via this company, http://www.abcbullion.com.au/

They have been around for decades. I have signed up for an account with GoldMoney, I'm just concerned when I want to take the gold physically what would happen?

Oh, yes sorry, you're in Australia. That doesn't matter particularly but I haven't done any due diligence on ABC Bullion. When you store with them, you need to do that and have allocated metal. In short you need to make sure that they have your metal. When you understand what is going on, you'll understand why people are not storing and taking delivery or only storing with people proved to have all the metal. Let us know how you get on.

This is the main silver expert in Australia:

YouTube - Broadcast Yourself.

[icke_is_right]

If you mention Max Keiser on application to Goldmoney, you get the first 6 months storage free.

wish I knew that before i opened mine

jim rogers hopes that silver doesnt get to $150 this year as that would indicate a bubble (unless the USD is tanking)

listen to him here

http://www.youtube.com/watch?feature=player_embedded&v=3aGtUyTLvwE

Well George, you have metal and that's a lot more than most people:). I'm sorry if I failed you on the free storage tip before. Hopefully, you won't have to worry about the expense in the future as your metal advances greatly.

Concerning Jim Rogers. I do like him and I've read some of his books, however, he's been a bit asleep at the wheel on silver. A while back, he was skeptical about shortages, now we have them. Since we've never been in this extreme situation before, I'm expecting it to go ballistic and stay there. This is a unique situation. He's been way ahead of the game on other commods of course. He's just not one to come out with the full story on silver when others did.

[georgesmiley]

IIR

you havent failed me. The storage charge is not big and they take it as a % of holdings rather than fiat.

well thats interesting about Rogers. There are so may voices out there and I am new to this even tough in 2008 I was saying to p[eople that pms were the place to go - inertia saw me wait 2 years before doing anything - Im not bitter. :)

[icke_is_right]

IIR

you havent failed me. The storage charge is not big and they take it as a % of holdings rather than fiat.

well thats interesting about Rogers. There are so may voices out there and I am new to this even tough in 2008 I was saying to p[eople that pms were the place to go - inertia saw me wait 2 years before doing anything - Im not bitter. :)

Nice one. Roger's fist travel book was a really great read if you're interested. His observations are really educational. I've not read his latest. I probably will some day.

[mrunhappy]

So is it too late to go silver now or what?

And if so, from whom?

[georgesmiley]

First from whom:

For coins/bullion in your hand I used http://www.coininvestdirect.com/ but if you are in the UK you will pay 20% vat on silver - none on gold.

So when I was going to invest more i opted for http://www.goldmoney.com/index.html

you pay no vat on silver but the metal is held for you and you pay a storage fee. Icke is Right suggested I opt for storage in Zurich (its more expensive to store silver there) and I did so as its out of the LBMA UK govt sphere of influence.

as to if its too late.

I dont think so. I bought late (some even last week) and some at end of march - my investment is up about 5%.

Some of the experts are saying you will know when silver is in a bubble when everyone is talking about it and buying it. It seems we are not there yet.

[lynfowars]

The expected pullbacks in the prices have been minor and retraced back within a few minutes, or simply haven't appeared at all.

Even the bullish commentators seem a little taken aback by the current strength.

We have the London market going offline effectively for more than the actual bank-holidays from Friday. The wedding seems a handy distraction if you ask me. Arranged by whom?

[georgesmiley]

http://www.youtube.com/watch?v=FykBW3zuZg8&feature=youtu.be

Here is someone who is sceptical of precious metals and I respect his right to make his argument. If the scenario of absolute breakdown to economies occurs he may have a point.

I am now off to the kitchen to see how a gold and silver souffle tastes :D

[icke_is_right]

http://www.youtube.com/watch?v=FykBW3zuZg8&feature=youtu.be

Here is someone who is sceptical of precious metals and I respect his right to make his argument. If the scenario of absolute breakdown to economies occurs he may have a point.

I am now off to the kitchen to see how a gold and silver souffle tastes :D

What we think is very important and unfortunately many people think 'end of world scenarios' are a comin. At the moment, silver is working, though this man doesn't understand the metal situation as well as I do. If new currencies are introduced and slave life carries on, it's still shit but we will need money. If not, then will life be worth living? Personally, I'm not that bothered as that is out of my hands. However, if you wanted to buy survival kit, land and baked beans now and you'd invested in silver a while ago, you could buy many more times the amounts that you could have before.

We the people are taking control of one area and that is silver. Though such things should be easy with semi intelligent humans, it's taken an awful lot to start getting control of this tiny market. If only we could do this in other departments. I have ideas for that too.

Don't forget gold. Remember the inbreeds didn't landfill it, as they did with silver, they love it more than anything apart from children. They are intelligent crocodiles, they would have been able to predict this situation with silver, however, they still have 99% of the gold. Fuckers.

Quite honestly, there isn't that much to celebrate with this situation, as we know what currency collapse will mean to millions. I am able to feel good and more in the moment now as I don't have to worry about normal things. I'm lucky, I want other people to have the same but they are mainly asleep. Life shouldn't be like this but maybe it's all just one big lesson? Let's hope for the best and envisage these fuckers being taken down forever.

[geewhizz]

What we think is very important and unfortunately many people think 'end of world scenarios' are a comin. At the moment, silver is working, though this man doesn't understand the metal situation as well as I do. If new currencies are introduced and slave life carries on, it's still shit but we will need money. If not, then will life be worth living? Personally, I'm not that bothered as that is out of my hands. However, if you wanted to buy survival kit, land and baked beans now and you'd invested in silver a while ago, you could buy many more times the amounts that you could have before.

We the people are taking control of one area and that is silver. Though such things should be easy with semi intelligent humans, it's taken an awful lot to start getting control of this tiny market. If only we could do this in other departments. I have ideas for that too.

Don't forget gold. Remember the inbreeds didn't landfill it, as they did with silver, they love it more than anything apart from children. They are intelligent crocodiles, they would have been able to predict this situation with silver, however, they still have 99% of the gold. Fuckers.

Quite honestly, there isn't that much to celebrate with this situation, as we know what currency collapse will mean to millions. I am able to feel good and more in the moment now as I don't have to worry about normal things. I'm lucky, I want other people to have the same but they are mainly asleep. Life shouldn't be like this but maybe it's all just one big lesson? Let's hope for the best and envisage these fuckers being taken down forever.

SDR's or something have already been mentioned on Bloomberg.

It will not be a return to a gold (silver??) standard for a few years yet but one day it will come. Then what? still a slave to money! in any form it maybe.

[erthiz]

Then what? still a slave to money! in any form it maybe.

Still slaves to money, we always will be, but at least precious metals will hold their worth. I would rather be a slave to silver, which is worth something, than to 'money' which has no worth at all.

[mrunhappy]

First from whom:

For coins/bullion in your hand I used http://www.coininvestdirect.com/ but if you are in the UK you will pay 20% vat on silver - none on gold.

So when I was going to invest more i opted for http://www.goldmoney.com/index.html

you pay no vat on silver but the metal is held for you and you pay a storage fee. Icke is Right suggested I opt for storage in Zurich (its more expensive to store silver there) and I did so as its out of the LBMA UK govt sphere of influence.

as to if its too late.

I dont think so. I bought late (some even last week) and some at end of march - my investment is up about 5%.

Some of the experts are saying you will know when silver is in a bubble when everyone is talking about it and buying it. It seems we are not there yet.

Thanks

I am green to all this. Can you walk me through it. You are not responsible in anyway for any losses that may occur. I just need a bit of hand-holding.... (oo er!)

What risk is there with silver you don't get to hold? How do you put it in Zurich? Why does it matter where it is stored? How could the Uk have an influence?

I have no idea what LBMA is...

[mace]

Thanks

I am green to all this. Can you walk me through it. You are not responsible in anyway for any losses that may occur. I just need a bit of hand-holding.... (oo er!)

What risk is there with silver you don't get to hold? How do you put it in Zurich? Why does it matter where it is stored? How could the Uk have an influence?

I have no idea what LBMA is...

Personally, I don't trust this "Buy your silver from us and we'll store it and give you a paper promise" things - it's exactly the same as the cash in your wallet.

I think Icke_Is_Right has some stashed in this type of thing though, and if he trusts them, then you can't go wrong really. I will still remain sceptical though.

Unless you have a ridiculous amount of metal, then I don't see what the problem is of holding it in your house!

[cont]

Unless you have a ridiculous amount of metal, then I don't see what the problem is of holding it in your house!

No investment is 100%. Except in God!

In Britain, this is particularly acute because we aren't allowed guns to defend our stash. When the SHTF all those people who didn't by PMs will get desperate. Robberies and organised crime will increase. It's happened throughout history.

It is why the majority of coin hoards archaeologists discover date to turbulent periods of history. When the world turns violent throwing it in a mudhole might be the only safe strategy. There may be people who hide their hoards in the ground this time around, though they'd have to protect it from metal detectors.

Nowhere is safe. With gold at $54 an oz you might get armed gangs of former out-of-work special forces raiding a vault at a mansion, then escaping by helicopter.

[revelations8878]

Personally, I don't trust this "Buy your silver from us and we'll store it and give you a paper promise" things - it's exactly the same as the cash in your wallet.

I think Icke_Is_Right has some stashed in this type of thing though, and if he trusts them, then you can't go wrong really. I will still remain sceptical though.

Unless you have a ridiculous amount of metal, then I don't see what the problem is of holding it in your house!

I agree with Mace to a certain extent. The thing that often comes up when you research buying / investing in silver is that if you can't hold it then you don't own it.

I think the best thing is to have at least some physical in your possession before going anywhere near a "we store for you" thing.

Obviously IIR has a bit of metal and it would be natural, I suppose, to branch off into different avenues of silver, but he's way ahead of most people, if not all, on this forum as he is the one who started the thread.

So for starter's like us, just get some physical first.

I will always be sceptical too, but unfortunately I've ran out of paper poop so I don't have to worry about even looking into anything like having it stored elsewhere.

[georgesmiley]

Personally, I don't trust this "Buy your silver from us and we'll store it and give you a paper promise" things - it's exactly the same as the cash in your wallet.


Goldmoney is audited to ensure they have the metal in the vualt that is on their books. I looked for serious problemes with GM by searching the web and couldnt find any apart from people expressing the same concerns as you and you anf they are certainly entitled to feel that way.

With 20% vat on silver in the UK plus having to send by UPs of Fedex or whoever when you want to sell, I decided to try GM. If I get egg on my face because of this choice I will report back here.

Mr Unhappy said

I am green to all this. Can you walk me through it. You are not responsible in anyway for any losses that may occur. I just need a bit of hand-holding.... (oo er!)

What risk is there with silver you don't get to hold? How do you put it in Zurich? Why does it matter where it is stored? How could the Uk have an influence?

I have no idea what LBMA is...


I am new as well. So I hope someone with more expertise will also answer and correct my contribution if necessary.

Silver not in your hand (SNH) is not risk free:

I bought SNH from a company which says you actually own the silver or gold. You trust the company then buy ort pay the 20% VAT. I bought coins in Jan/Feb and paid the Vat. Only in the last 2 last weeks did my physical held silver investment move into a 9.6% profit (it is down slightly at present). With GM the silver went into profit within a week. Now only when I come to redeem my SNH will I know if its for real.

There is also what is called the paper market (ETFs- electronically Traded Funds) I wouldnt touch these with Blythe Master's ( insert appropriate body part) as these funds azpparently do not have the physical silver to cover the investments made in them (perhaps over subscribe 100-1)

With GM you when you purchase a metal you can choose where to store it. I chose Zurich to keep it from UK/USA influence but then I could be wrong :)

LBMA is here

http://www.lbma.org.uk/pages/index.cfm

The LBMA is the London-based trade association that represents the wholesale gold and silver bullion market in London. London is the focus of the international Over-the-Counter (OTC) market for gold and silver, with a client base that includes the majority of the central banks that hold gold, plus producers, refiners, fabricators and other traders throughout the world.

The LBMA was formally incorporated in 1987 in close consultation with the Bank of England.

The LBMA Good Delivery List is now widely recognised as representing the de facto standard for the quality of gold and silver bars, in large part thanks to the stringent criteria for assaying standards and bar quality that an applicant must satisfy in order to be listed. The assaying capabilities of refiners on the Good Delivery List are periodically checked under the LBMA’s Proactive Monitoring programme.

The ongoing work of the Association encompasses many areas, among them refining

standards, trading documentation and the fostering of good trading practices. Some examples:

•In the refining industry, the LBMA Good Delivery List is widely recognized as representing the de facto standard for the quality of gold and silver bars, in large part thanks to the stringent criteria that an applicant must satisfy before being listed. In January 2004 the LBMA introduced proactive monitoring of refiners on the List, an important initiative which further enhances the reputation of the List and the refiners on it.
•In conjunction with the foreign exchange and money markets in London, the Association has developed the Non-Investment Products Code, which provides a code of conduct by which all Members and Associates are required to abide.
•The LBMA’s annual Precious Metals Conference is now the premier professional forum for the world’s bullion market.

and i believe they get to be controlled by the Rothschilds


hope this helps

[sephera]

I checked out GoldMoney, I am not inclined to use it because I'm using in Australian dollars and if I want to buy I have to pay in US, Euro or Pounds which means I'm losing 1-3% in exchange per transaction.

Now I have to wait till next week for abcbullion to establish my account. Apparently they have been inundated with new account requests. :mad:

[icke_is_right]

Yup, in your own hands is always best. I recommend Goldmoney because many people don't want to take possession and get stuffed by the 20% tax. It's also easy to sell as well. Let's face it, by going those two routes, you are way ahead of most people. My goal was to fast track people to safety and away from danger. Goldmoney stores metal unlike many of the others that say that the do! So, it's better than those. As I've said before, when you comprehend this situation, you narrow down the thousands or even millions of things that you can invest in, to just 2. Most people with less money go into just silver, it's understandable.

Remember, before silver took off it was theoretical and gold could have risen first.....though, I have absolutely never believed in deflation. Max Keiser gave things a real boost. Gold did accelerate more than silver at one time and I think in the future gold will have faster days than silver. However, hold tight and enjoy the ride, as I said, this move is going to astound people.

[crisitunity]

I checked out GoldMoney, I am not inclined to use it because I'm using in Australian dollars and if I want to buy I have to pay in US, Euro or Pounds which means I'm losing 1-3% in exchange per transaction.

Now I have to wait till next week for abcbullion to establish my account. Apparently they have been inundated with new account requests. :mad:

You could easily be farther behind than 3% by next week. Maybe not as much with gold right now but for sure silver.

I took all my electronic silver out a couple weeks ago, and in the three days it took for the funds to clear I was already behind %10 when I went to trade it in for more physical... :p

Ah good times. This shit has gone bananas, don't screw around over 3% is my advice.

Then again, I do lean towards %100 physical holdings. Even though I have trust that there are for sure some good people out there selling bullion shares, how am I going to get a hold of my metal in a real emergency?

Consider just a large failure in the electrical grid even.


Edit: This %20 VAT in the UK on silver blows my mind! How disgusting is that, its incomprehensible. I live in Canada and consider myself a member of the most mind controlled country on the planet, but even here theres no tax on currency or bullion exchanges.

Someone seriously needs to get hung, strung up, heads on stakes in the town square... They really think they are gods and we're just trash.

%20 VAT on silver! holy jumpin fek.

[hairypotter1]

You can avoid the 20% UK tax (on silver) by picking up in Germany when ordering from coininvestdirect.com.

If then you are unable to collect in person you can arrange for a courier back.

I'm unsure how much that would cost when taking into cosideration the insurance.

Has anyone tried this?

[geewhizz]

Still slaves to money, we always will be, but at least precious metals will hold their worth. I would rather be a slave to silver, which is worth something, than to 'money' which has no worth at all.

Money is any object or record, that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context


Gold and silver have been a form of Money for over 5000 years!

You can spend gold and silver coins in many countries. The average UK house can be bought for around 120 oz of Gold.

[h2pogo]

Today bidbullion who are responsible for the illusive silverkeisers are launching their bullion site.http://www.bidbullion.com/

I really thought they would of sorted their first customers before launching a new bullion selling site and the millionounce march.

We are talking serious sums here..could be a huge scam.

so far as i am the only person i know who brought the silvekeisers i am starting to think it is. so please beware.

I managed to pay for shipping on Tuesday last week via pay pall..Still waiting for confirmation they received my payment, when/if my order is shipped, tracking number, and of course my silver..

In the meantime I have had several emails promoting bidbullion auctions the first of which has ended..1oz silver keiser sold for 37 cents..

I would be interested to hear if the winning bidder gets their silver.

[sephera]

You could easily be farther behind than 3% by next week. Maybe not as much with gold right now but for sure silver.

I took all my electronic silver out a couple weeks ago, and in the three days it took for the funds to clear I was already behind %10 when I went to trade it in for more physical... :p

Ah good times. This shit has gone bananas, don't screw around over 3% is my advice.

I figured people wouldn't trade because of public holidays. I didn't imagine the price would be up over the holidays.


Edit: This %20 VAT in the UK on silver blows my mind! How disgusting is that, its incomprehensible. I live in Canada and consider myself a member of the most mind controlled country on the planet, but even here theres no tax on currency or bullion exchanges.

Someone seriously needs to get hung, strung up, heads on stakes in the town square... They really think they are gods and we're just trash.

%20 VAT on silver! holy jumpin fek.

That VAT tax is crazy. There is VAT tax on everything in the EU. We have 10% GST here but there is no GST on gold and silver. Only Palladium I think. If I'm making a trade of my services why should I pay 10% GST on what I earn to the Government?

Ok since I can choose which currency to trade in is it safer to trade in euro, pound or US dollar?

[revelations8878]

I figured people wouldn't trade because of public holidays. I didn't imagine the price would be up over the holidays.


That VAT tax is crazy. There is VAT tax on everything in the EU. We have 10% GST here but there is no GST on gold and silver. Only Palladium I think. If I'm making a trade of my services why should I pay 10% GST on what I earn to the Government?

Ok since I can choose which currency to trade in is it safer to trade in euro, pound or US dollar?

No not everything has VAT, not in UK anyway not sure about VAT in other countries. We get 20% (standard rated for most things) 5% (reduced rates for stuff like electricty) 0% (zero rated and exempt for certain items) - it's really not that interesting lol. Just a kick in the nads - wish I discovered silver when the VAT was 15%.

I bought mine back in March from Coininvestdirect with the 20% VAT, and I'm making a profit at the current prices so I'm happy.

Sephera just use the currency you get the best rate at if you're going to have to use a foreign currency. Once the transaction is done then there is no risk so to speak. Just make sure you get the rate from your bank first as they will give u different and worse rates than the current quoted exchange rate - another premium if you will...

[icke_is_right]

Ok since I can choose which currency to trade in is it safer to trade in euro, pound or US dollar?

Sephera, if I understand you question properly, then I expect the USD to go first, followed by the GBP and then the EURO but to me it doesn't really bother me as I'm in metal. Once you get you money into metal, it won't really matter what currency you change it back into, as silver and gold will advance against all currencies. Things should equal out. If you have GBP in a bank account, it makes a difference if the AUD goes up massively against it. When you are in metal you maintain your purchasing power in both GBP and AUD. Silver and Gold are the ultimate currencies. I hope that this makes sense.

Exiting this electronic BS currency is very pleasurable. For instance if your homeland currency crashes against all others, the price of Gold or Silver in the homeland currency goes up accordingly.

[cont]

http://www.telegraph.co.uk/finance/personalfinance/investing/8458686/We-view-silver-as-gold-on-steroids.html

There is a similar article in Telegraph Money (paper version) except this one is far less positive, actually quotes Goldman Sachs against silver (who advised their clients to sell commodities... while buying them for themselves, though the article didn't say that bit) and in a "How To Buy Silver" box said ETFs and iShares were easy way a lot of people did, then emphasised the 20% VAT on physical silver.

The paper version will be read by an older audience, with savings, who really need to know the truth. It's awful how they are not only restricting the truth but are still directing savings of the old and middle classes towards the paper scam.

[olas]

...to down money at the market. The paper money is the most free way of trade. Once you change your money for gold or silver, just a few people will be able to buy it from you, i.e BANKS, that go give CREDITS instead of paper money. From this CREDITS they you tax you and get all your profit back.
At the end you will just waist your time, and may be a few bucks...
If you want a GREAT VALUE ACTION, sell your car and buy a bicycle. Free yourself from GAS... Thats the real GOLD!!!

[georgesmiley]

hour 2 of Good friday show April 22) at around 16 minutes in

here

http://www.gcnlive.com/programs/peterSchiff/archives.php

[nittylove]

I'm 80% silver 10 % gold and 10% in the bank. The only bit I worry about is the 10% in the bank.

I don't worry so much about "bank holidays" as much as I used to. I might trim that 10% to 5% shortly - sorry bankers.

[georgesmiley]

Bob Chapman interview 22 April 30 minutes long

http://www.youtube.com/watch?v=FWORYyTYvA0

GLD and SLV to go kaput in 2-3 weeks -

[indolering]

Bob Chapman interview 22 April 30 minutes long

http://www.youtube.com/watch?v=FWORYyTYvA0

GLD and SLV to go kaput in 2-3 weeks -

Good interview, very informative. Thanks.:)

p.s.: Ol' Bob is not only the king of gold/silver/finance but very hip to the Rothschild cabal and very much on our side. He's a great ally of the truth movement.

[crisitunity]

I figured people wouldn't trade because of public holidays. I didn't imagine the price would be up over the holidays.


That VAT tax is crazy. There is VAT tax on everything in the EU. We have 10% GST here but there is no GST on gold and silver. Only Palladium I think. If I'm making a trade of my services why should I pay 10% GST on what I earn to the Government?

Ok since I can choose which currency to trade in is it safer to trade in euro, pound or US dollar?

aye fair enough, I was just trying to say 3% is nothing to worry about right now :)


and the intermediate currency doesn't matter, just so long as the end result is possession of physical metal. Whether you want to hold it yourself or have it held elsewhere is another issue all together.

...to down money at the market. The paper money is the most free way of trade. Once you change your money for gold or silver, just a few people will be able to buy it from you, i.e BANKS, that go give CREDITS instead of paper money. From this CREDITS they you tax you and get all your profit back.
At the end you will just waist your time, and may be a few bucks...
If you want a GREAT VALUE ACTION, sell your car and buy a bicycle. Free yourself from GAS... Thats the real GOLD!!!

My intentions are to trade metal for land at some point, screw the banks. :p

[sephera]

Once I get this organise, I'm want to start trading in silver coins. For example 1 oz silver coin is worth $50, therefore it's worth $50 of services or goods. Issue my own money, vouchers in trade for my services.

[erthiz]

Money is any object or record, that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context


Gold and silver have been a form of Money for over 5000 years!

You can spend gold and silver coins in many countries. The average UK house can be bought for around 120 oz of Gold.

:) Thanks for that, but i was talking about paper money.

[crisitunity]

hmmm, markets open and silver goes from 46.50 to 49.50 in 5 hours...

SHTF?


lol

[icke_is_right]

Silver - Wikipedia, the free encyclopedia

In 1980, the silver price rose to a peak for modern times of US$49.45 per troy ounce (TO) due to market manipulation of Nelson Bunker Hunt and Herbert Hunt

http://www.sharelynx.com/chartsfixed/SI.gif

So, we've hit the all time record high in silver now, let's see when the day closes above all time highs.

[griswald]

Mainstream news in Ireland, RTE, is headlining with the spectacular rises in Gold and Silver prices, as people look for a safe haven for their money.

griswald

[diamond dogs]

I happened to hear this debate on Gold on BBC radio 4 on Sat afternoon...only radio but still getting more airtime on mainstream..I thought out of the two Merryn Somerset Webb (sounds like a toff) the Gold argument won the day hands down :)

Is gold a good investment or is the bubble about to burst? And a visit to the MoneyBox archive.

FFWD to 8 mins
http://downloads.bbc.co.uk/podcasts/radio4/moneybox/moneybox_20110423-1204a.mp3

[vito_satan]

Hi all

Thanks to IIR for putting this thread together and everyone for sharing important info.Much appreciated.

It's late in the day but I've decided to get involved with this tomorrow.I'm going to get some coins first of all to keep as physical and then invest in some bars for storage elsewhere.

I don't have lots of cash to throw at this but am considering how secure my stakeholder pension is and if I should pull this out and use it for investing elsewhere instead?

Are others hanging on to pension plans in light of what could happen?

[nittylove]

The main headline on the BBC news business section on the internet is the record gold and silver price.

[icke_is_right]

Hi all

Thanks to IIR for putting this thread together and everyone for sharing important info.Much appreciated.

It's late in the day but I've decided to get involved with this tomorrow.I'm going to get some coins first of all to keep as physical and then invest in some bars for storage elsewhere.

I don't have lots of cash to throw at this but am considering how secure my stakeholder pension is and if I should pull this out and use it for investing elsewhere instead?

Are others hanging on to pension plans in light of what could happen?

Hello, I think that it would be realistic to expect nothing from most pensions, if you are going to be claiming it in later years. For symplicity's sake, I expect hyperinflation, (it's a bit more complicated than that) so pensions will not keep up with most price increases, especially govt. ones. I view this present generation of soon dead pensioners, the last to not live in total poverty in old age. I would advise getting every bit of cash that you can in to gold and silver. Nothing else. Diversify the storage arrangement for safety (as you mentioned). Buy from CID, consider Britannias (CGT free in gold) if you are buying gold and go for as much metal as you can get for your money, in whatever you purchase. If you are buying a decent amount of silver, pick up in Germany. Storage via www.goldmoney.com (mention Max Keiser for 6 months free storage), is an idea too. However, getting metal in you control is best.

The logic of most pensions doesn't work, if you are claiming in future years down the line. There isn't enough to support them. I'm not familiar with the pension that you mention, I'm talking generally. It's much better to take control of your own finances if you have a level head. However, get educated yourself, don't take my word for it.

Read: Rich Dad - Prophecy. Would be a start, though it refers to stock market related pensions of the US. However, you'll get familiar with the Baby Boom scenario and what it means.

[vito_satan]

Thanks for that.

What or who is CID?

Vito.

[kasalt]

I just got an email from the dealers at http://www.apmex.com (I've bought Silver American Eagles from them). In the email, they are offering to buy back what they've sold to me at a significant premium. For example, for Gold American Eagles, they are offering to buy back from me at $38 over the current spot price of gold. For Silver American Eagles, they are offering $3 above spot. So far as I'm aware, this sort of action is unprecedented. Something big must be about to happen with silver/gold prices.

EDIT: Here's a copy of the email....

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/bernanke/Apmex%20solicitation.png

[monk3y]

This site has lots of info on investment and tax etc ;
http://www.taxfreegold.co.uk/advice.html

[imnskp]

Hey guys. Thanks for this thread as it's been interesting and helpful reading. I am a first time investor and I find all this really confusing. I already made up my mind that I want to invest in physical silver. I want to invest about 6-8k and I'm in the U.S.

I went to a coin dealer today and I was really confused by all the options. There was different prices for all the different coins. The silver one ounce .999 bars were $2 over spot price. This coins $3 or more I think. Is that a good price? They had 10 oz. and 100 oz. bars as well. They didn't really look like the bars I've seen on the Internet. They were wrapped in plastic and in little cardboard packages. Is that what they typically look like?

What I'm looking for is silver that won't be much trouble to transport if the SHTF one day, silver of not too high denominations that I will be able to actually sell one day. Also I don't want to spend to much on it up front like expensive coins or something. Is there anything like that what I'm looking for? When I asked the coin dealer for this I was presented with silver half-dollars which I was totally not expecting.

Can someone give me a little advice on what I should get? I heard all the coin companies in town are running out and I have to decide quickly. Thanks in advance if you can help.

[monk3y]

Link to U.S. based forum and the most popular online U.S. site for buying that they think is the most reliable and generally the cheapest.

http://goldismoney2.com/forumdisplay.php?4-Gold-Silver-Precious-Metals

http://www.apmex.com/Category/503/Silver.aspx

[imnskp]

Link to U.S. based forum and the most popular online U.S. site for buying that they think is the most reliable and generally the cheapest.

http://goldismoney2.com/forumdisplay.php?4-Gold-Silver-Precious-Metals

http://www.apmex.com/Category/503/Silver.aspx

Okay, thank you.

[ponzi nemesis]

Listening to Dr Paul Craig Roberts on the Alex Jones radio show. He was saying US might be forced to stop printing money soon which could cause gold and silver to go down again. He also thinks there could be nuclear war soon.

You can find the show on http://infowars.com

[hhelmsley]

Listening to Dr Paul Craig Roberts on the Alex Jones radio show. He was saying US might be forced to stop printing money soon which could cause gold and silver to go down again. He also thinks there could be nuclear war soon.

You can find the show on http://infowars.com

The thing you have to remember is that if they stop printing money, then the value of money will increase. Thus it is possible to have a situation where the price of gold and silver will be going down while the value is still going up.

The number attached to a physical asset is essentially irrelevant. The important thing is what you can buy with the currency that you get in exchange for it.

Personally, I don't see how they can "stop printing money" without a major paradigm shift in economics which would essentially turn the world upside down. Printing money is not merely a part of the current financial system, it is the current financial system.

Thoughts?

[ponzi nemesis]

You sound like you know what you're talking about. I was only half listening to the show, it's still up there - maybe grab the mp3 file and listen to it yourself and see if you can make sense of it (Dr Paul Craig Roberts was number two in the US Treasury Dept. under Reagan, sees 9/11 as an inside job; interesting guy!)

[icke_is_right]

CID = www.coininvestdirect.com

Concerning printing money, you have to get yourself to a position where you understand personally. I've seen so much BS written or talked about, I can now laugh about it. Remember there are lot's of people paid to talk gold and silver down and hype up the economy. Remember we were going through the process 'recovery' not collapse.

http://stockcharts.com/h-sc/ui

The USD if falling. 74 is a key area that people are looking at, when it goes down significantly through that figure, it is expected to carry on falling sharply.

They have printed a shit load already and they have something like a quadrillion in derivatives. They will carry on printing money.

Don't worry about the BS which is anti silver and gold. I saw a classic article on 123 Gold yesterday saying that there was about 19 times as much silver as thought. Research it yourselves. It's much harder to get metal out of the ground than print money. The paper silver and gold schemes are ponzi schemes.

The idea is to collapse the currencies and reduce people's wealth.

What's happening today? They've just trashed the price due to Comex option expiry. If you don't know what that is, look it up. To the uninitiated, it would look like a sell off top from $50, the old high. This is BS. After Comex option expiry, expect the price to resume it's northward trajectory.

[kasalt]

Can someone give me a little advice on what I should get? I heard all the coin companies in town are running out and I have to decide quickly. Thanks in advance if you can help.

Here is a link to another highly reputable online silver retailer in the USA: http://www.gainesvillecoins.com/category/293/Silver.aspx

[crisitunity]

You sound like you know what you're talking about. I was only half listening to the show, it's still up there - maybe grab the mp3 file and listen to it yourself and see if you can make sense of it (Dr Paul Craig Roberts was number two in the US Treasury Dept. under Reagan, sees 9/11 as an inside job; interesting guy!)

haha, yeah I was only half listening too. I thought he said the opposite, that when the US starts QE3 the price of metals could go down momentarily due to the influx of funds into stocks and bonds.

Either way though, he doesn't seem to be aware of JPs short position of over a billion ounces of silver (I think thats right, Max said like 1.2 bill IIRC...).

How is the market going to handle the evaporation of over two years of future production in a single day?

I dunno for sure, but I'm glad I'm on the long side :o



BTW DavidIckers, we're in a 10% mean correction as of this moment in NA. If it lasts as long as the last one the price will start shooting back up dramatically by Friday so make haste while the getting is good.

[icke_is_right]

Wow, such discount! If I still had cash, I'd be very happy about this situation. In fact for those who understand, this should be the time when talk about silver is buzzing.

Thanks Cartel. This maybe the last time this ever happens. I hope so. Roll on $500+ silver.

[crisitunity]

haha lets wait a couple more days this is working in my favor.

Then on with the show :D


Chapman says we're within three weeks of the JP default so it wont be a long wait to find out whats really going to happen.

[georgesmiley]

just joking

watch

http://www.youtube.com/watch?v=UucZEnZpwGU&feature=player_embedded

how do you get the vid to show up in the post?

[icke_is_right]

just joking

watchhttp://www.youtube.com/watch?v=UucZEnZpwGU&feature=player_embedded

how do you get the vid to show up in the post?

YouTube - Broadcast Yourself.

You need to put it in a separate line. Sometimes they don't show up.

Good vid, good advice and a good bloke.

[georgesmiley]

Thanks

[diamond dogs]

just joking

watch

http://www.youtube.com/watch?v=UucZEnZpwGU&feature=player_embedded

how do you get the vid to show up in the post?

It normally works if you use the [/QUOTE] next to insert image..

http://www.youtube.com/watch?v=UucZEnZpwGU&feature=player_embedded

[revelations8878]

Has anyone watched Zeitgeist? I was pointed towards it by my girlfriend's dad.

Very good film and explains the monetary system very well if you havent watched it. I don't think I've stumbled upon this film being mentioned since I've been bitten by the silver bug - although my memory can be terrible at the best of times :p

[georgesmiley]

It normally works if you use the quote next to insert image..

thanks

[crisitunity]

Has anyone watched Zeitgeist? I was pointed towards it by my girlfriend's dad.

Very good film and explains the monetary system very well if you havent watched it. I don't think I've stumbled upon this film being mentioned since I've been bitten by the silver bug - although my memory can be terrible at the best of times :p

^^ haha, you may as well ask if any 12 year old girls have ever heard of Justin Bieber. :D


but yes its a good film. and the central banking system is a nothing but a sick joke.

Thats indeed what this silver boom is all about, saying no to ink and paper and the power it gives to those who print it.

[icke_is_right]

Has anyone watched Zeitgeist? I was pointed towards it by my girlfriend's dad.

Very good film and explains the monetary system very well if you havent watched it. I don't think I've stumbled upon this film being mentioned since I've been bitten by the silver bug - although my memory can be terrible at the best of times :p

If you are new to this stuff and interested in the sham money system, watch 'Money as Debt', if you haven't seen it. This vid is nothing to do with money but will blow your mind, if you've not seen it before......

Open Your Mind!

Open your Mind-Illuminati Symbolism-It's all around you - YouTube

[sephera]

What would happen to the price of silver if JP Morgan collapses?

Apparently the Bullion place in Sydney is packed with people wanting to buy metal.

[thedefender]

I haven't posted in this thread for a long time, but is it safe to say yet that silver has gone bonkers. Well, atleast bonkers to the point where it has been established belief where it could and would end up. Interestingly though, last year (2010) many articles came out around the same time indicating that silver prices have been surpressed for years. Right after that came out, silver skyrocketed to where it is today. They love to let you know just before it goes awry.

[sephera]

I just bought my silver, really happy and relieved now. I paid 1440 AU per Kilo.

[trigger_andy]

Just bought another 500grams of 935 Silver Wire for making Necklaces etc for £12.50 an Oz!:cool:

The Statoil owned Oil Rigs in Norway subsadise Hobbys and the Silver Club is included, you just have to make something out of it. So my Wife and kids have lots of new Jewellry for the Summer!:)

[icke_is_right]

I haven't posted in this thread for a long time, but is it safe to say yet that silver has gone bonkers. Well, atleast bonkers to the point where it has been established belief where it could and would end up. Interestingly though, last year (2010) many articles came out around the same time indicating that silver prices have been surpressed for years. Right after that came out, silver skyrocketed to where it is today. They love to let you know just before it goes awry.

Articles on silver and gold price suppression are around but you'll find nothing stating the truth in the mainstream. They'll occassionally hint at it and balance it will total BS, or a maybe or could be something else. They'll occassionally hint at it and balance it will total BS, or a maybe or 'could be something else'. Christiansen did come out with the 100:1 situation (Paper promises to metal ratio) at the CFTC hearings but that was not publicised in the mainstream. (March 2010) It was after that that silver took off.

The inbreeds do like to announce what they do beforehand, I believe it's a part of their occult rituals. However, this hasn't been the case in the metals arena apart from to insiders who trash the market.

[icke_is_right]

What would happen to the price of silver if JP Morgan collapses?

Apparently the Bullion place in Sydney is packed with people wanting to buy metal.

It will be more likely to reach it's true price, dictated by physical metal supply and demand only, not paper contracts. I also, don't see how they can keep the news and evidence about constant warnings/complaints about JP Morgan, from the mainstream.

[sephera]

I've bought alot of Silver, I think silver is more value for money than gold what do you guys think?

I also think we should start using silver coins to trade for goods and services, trade with people locals etc. Lets start this campaign.

[icke_is_right]

I've bought alot of Silver, I think silver is more value for money than gold what do you guys think?

I also think we should start using silver coins to trade for goods and services, trade with people locals etc. Lets start this campaign.

Mike Maloney predicted the public move into cheaper silver as gold is perceived as more expensive and is less affordable. Silver is not held by central banks and inventories above ground are very low. However, you do have to ask yourself why gold is so important to the inbreeds. This nagging question always hangs over this situation. They would have also known that this move in silver would eventually come, then too gold.

Gold and silver have always been money and still are, it's just that we've been brainwashed out of it, through lack of familiarity because it was taken out of our money.

The trouble is, when prices reach their equilibrium, we might have to deal in very small denominations of metal because there isn't much of it. Remember the 100:1 ratio, so think 100th oz silver for reasonable tradable units. Maybe a coin encircling a tiny amount of the metal will come about?

[sephera]

If we start trading in gold and silver there will be less of disparity between rich and poor, and people will receive the value they input into society. This fiat and cashless society allows the "inbreeds" to control all our wealth, our energy, our life. I'm going to start buying one oz coins and using those for the time being.

[icke_is_right]

If we start trading in gold and silver there will be less of disparity between rich and poor, and people will receive the value they input into society. This fiat and cashless society allows the "inbreeds" to control all our wealth, our energy, our life. I'm going to start buying one oz coins and using those for the time being.

There is a growing disparity between rich and poor. Because you've just bought insurance in the form of metal, it's less likely that you'll be one of the poor. However, you can only help those who are willing to help themselves. Most people are unwilling to do this and have their own ideas, invented or otherwise. Many or most will do the right thing for themselves, however when it comes to wealth preservation, it's pretty black and white.

Reality has silenced most of the critics, however, we have a new crowd and that is the 'gold and silver is in a bubble' brigade. With about 1% of money in gold and silver (and related assets) world wide, this is far more brainwashed than most other theories.

http://www.mysupermarket.co.uk/tesco-price-comparison/Tinned_Beans/Tesco_Value_Baked_Beans_in_Tomato_Sauce_420g.html

Just be glad that you didn't invest in baked beans 2.5 years ago, when they were 48p, not 28p today. You'd have halved you money and they would be unsaleable in normal circumstances. They are also probably full of shite, with poisoned lined can and chemicals in the food.

[sephera]

There is the Illuminati Agenda to crash the market and also collapse fiat money. How to we know this push in gold and silver prices is not plan of this plan of theirs.

[geewhizz]

There is the Illuminati Agenda to crash the market and also collapse fiat money. How to we know this push in gold and silver prices is not plan of this plan of theirs.

Well try asking people in the street if they have bought or prepare to buy G/S, they wouldn't know where to get the stuff in the first place.

I went to a barbie last weekend with around 150 people. I did my rounds and know a lot of people there, I was the only one who had any G/S in my investment portfolio.

'Cash for gold', 'Buy your Gold' etc etc have been set up for the masters. They want everyones scrap to melt down into bullion bars so they can hoard it. Once the world is emptied of scrap G/S, only the rich will acquire or hoard it.

Medieval society here we come.

[icke_is_right]

There is the Illuminati Agenda to crash the market and also collapse fiat money. How to we know this push in gold and silver prices is not plan of this plan of theirs.

They have been pushing the price down for decades to make it unattractive, slating it in the media and got most people to invest their cash in schemes that do not have the metal. They have done a brilliant job at getting nearly all gold and silver away from Jo Public. 99% success rate. We are the 1%.

When prices do kick off a whole load of people invested in schemes are going to be left up shit creek.

[icke_is_right]

Well try asking people in the street if they have bought or prepare to buy G/S, they wouldn't know where to get the stuff in the first place.

I went to a barbie last weekend with around 150 people. I did my rounds and know a lot of people there, I was the only one who had any G/S in my investment portfolio.

'Cash for gold', 'Buy your Gold' etc etc have been set up for the masters. They want everyones scrap to melt down into bullion bars so they can hoard it. Once the world is emptied of scrap G/S, only the rich will acquire or hoard it.

Medieval society here we come.

People are under the impression that because there is a lot of talk about G and S on this site and in our circles that everyone must be in. The public haven't got a clue still and most people on this site haven't got PMs. I'd guess a very small percentage. Anyway, interesting to hear from ground level, thanks.

[sephera]

I'm running a campaign to buy silver now to influence friends and family to do so. I really want to see JP Morgan crash and burn. If they still want to suppress the Silver. I and others will just buy more physical silver.

I also am going to push hard to use silver as a method of monetary exchange.

I have been getting esoteric acupuncture lately and that allows you to connect to your spirit more and the higher self. I have the intuitive feeling that buy silver, this campaign will set us free from the clutches of the "order".

[cont]

They have been pushing the price down for decades to make it unattractive, slating it in the media and got most people to invest their cash in schemes that do not have the metal. They have done a brilliant job at getting nearly all gold and silver away from Jo Public. 99% success rate. We are the 1%.

When prices do kick off a whole load of people invested in schemes are going to be left up shit creek.


The Purpose of the Parables
(http://www.biblegateway.com/passage/?search=Matthew%2013&version=ESV)

10 Then the disciples came and said to him, "Why do you speak to them in parables?" 11And he answered them, "To you it has been given to know the secrets of the kingdom of heaven, but to them it has not been given. 12 For to the one who has, more will be given, and he will have an abundance, but from the one who has not, even what he has will be taken away. This is why I speak to them in parables, because seeing they do not see, and hearing they do not hear, nor do they understand. 14 Indeed, in their case the prophecy of Isaiah is fulfilled that says:

"'You will indeed hear but never understand,
and you will indeed see but never perceive.
15 For this people’s heart has grown dull,
and with their ears they can barely hear,
and their eyes they have closed,
lest they should see with their eyes
and hear with their ears
and understand with their heart
and turn, and I would heal them.'

16 But blessed are your eyes, for they see, and your ears, for they hear. 17 For truly, I say to you, many prophets and righteous people longed to see what you see, and did not see it, and to hear what you hear, and did not hear it.

[jp13]

1st time I've looked at this thread and I must say it's very interesting, last year I was doing a course in Jewelery making, mainly using pewter, but one girl in the class bought an oz and a half of Silver, I think it cost her about £30 - £50 that was in October last year. I have been meaning to get some, don't know when the best time is to get it? Probably when I am going to use it.
As I'm in London I know where to get it, but don't really know how to find the prices, also is it still sold in Troy ounces?:confused:

[mrunhappy]

1st time I've looked at this thread and I must say it's very interesting, last year I was doing a course in Jewelery making, mainly using pewter, but one girl in the class bought an oz and a half of Silver, I think it cost her about £30 - £50 that was in October last year. I have been meaning to get some, don't know when the best time is to get it? Probably when I am going to use it.
As I'm in London I know where to get it, but don't really know how to find the prices, also is it still sold in Troy ounces?:confused:

Sometimes Troy.. sometimes his sister Helen.

[crisitunity]

Kitko live silver spot price (http://www.kitco.com/charts/livesilver.html) (Edit: looks like you'll have to refresh the page to get the correct up to the second price)

Thats the price of electronic silver but for now physical still trades at that value (plus a small dealer markup of course) at many bullion dealers.

Look for a local currency/bullion exchange first, if you cant find one or think they are ripping you off based on Kitko then keep looking. Personally I've gotten the best value from local shops.

Cheers :)

[theabbot 7]

Gold and silver is not a sound investment. It's a store of value in an item with limited value. Gold just looks pretty. You also don't know how much gold there actually is, so it's assumed value might be very inflated. It's like buying diamonds. De Beers and such keep huge quantities of diamonds locked up to keep the value artificially high.

The majority of the world's gold is held by the rich. Your ten thousand dollars in gold coins is shit compared to tens of millions in gold bullion.

It's a scam. You don't understand what real value is. A house is a store of value. Land is a store of value. Livestock are value. Cars are value. Gold? Gold is just a soft metal with limited uses that has a unique color. What you guys should invest in is capital stock. The means to production of real goods is worth more than some shiny rocks or pretty metals.

If the things you're afraid of are coming true are real, this is a scam to get you to trade your wealth for pretty objects. Its like the colonists paying the Native Americans in useless glass beads. You're being scammed you idiots. Gold is a form of chains. That's what the gold chains represent in hip hop, willing slavery in the pursuit of worthless goods.

You'd be better off stockpiling arms and munitions. Those are a real store of value.



thoughts