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Old 15-11-2008, 08:30 AM   #1
icke_is_right
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Default Buy Gold and Silver

I'm holding a lot of the above, so firstly if this isn't the best idea I suffer. I don't want to ram this down anyone's throat but this ties into 'what can I do?'. Finance is something I've been into since 1999. There will be other things to face along the way and this isn't the ultimate solution but I see this mainly as opting out of their financial system. It's a small thing that you can do, since a major part of this conspiracy involves paper money.

If all went well and all people on this site held a bit of gold or silver, after the 'revaluation' of money, people here would be better off and hence have more clout in the matrix world. I see more benefit if benefits and knowledge are spread to all.

So, if you're interested in what to do buy this book


Gold/Silver price is manipulated so that today's 'price' is nothing like what it is worth. This is complicated but in the end, if you can afford a few silver bullion coins, you will probably see the value of them increase massively over the coming years.

In the end, paper money isn't real. I'm converting more paper to bullion until things stop being such good value.

In the end very few people will heed buying bullion and this is why I think that they will be much poorer (in matrix terms). I'm sorry about this. I probably won't be contributing much to feeback in this thread, everything you need to know is in the book listed and I'll be busy acquiring more physical gold and silver.

A good forum on bullion...

http://www.kitco.com/

www.gata.org for general info surrounding gold scam by Fed.

Good Luck.
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http://goldsilver.com/newsletters/newsID/8050/

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Old 15-11-2008, 03:17 PM   #2
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Silver is better atm, but you have to pay VAT on it in the UK.

http://www.goldprice.org/

this guys daily commentary doesnt pull any punches about manipulation & the fed etc.

Last edited by psych641; 15-11-2008 at 03:19 PM.
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Old 15-11-2008, 03:23 PM   #3
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I'm seriously looking into this.

Why would silver be worth investing in? If the shit hit the fan, seems to me people would instinctively value gold above anything else. Bullion also seems a bit dodgy. Wouldn't small denomination (for trading) gold coins be the best way to go?

The other thing I'm coming around to is that the best place to park your money if there is a near future meltdown is in longlife food, since if society collapses, food is what you'll need, not money, and food (and water - get a water filter ) is virtually the only thing guaranteed to hold it's value in any possible scenario.

The key seems to be in making the shift from thinking about trading shit, and start thinking about how you can ensure your own basic and real wealth, i.e. food, water, shelter, and survival skills.

If we're honest with ourselves, these are fundamentals that we should safeguard before we worry about anything else.

Common sense.

Last edited by size_of_light; 15-11-2008 at 03:29 PM.
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Old 15-11-2008, 04:00 PM   #4
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silver vs gold is more about the variable silver/gold ratio - currently silver is undervalued compared to gold, but this is more of a current-day 'portfolio' trading concern than a 'situation X' trading for survival supplies iyswim.

The advantage of coins is you can 95% verify their authenticity by checking their weight & measurement against the official figures. Gold is so heavy there are few materials that could be used in its place. You either have a slightly lower carat or something from the platinum family (also valuable). Theoretically it could be something like plated tungsten, but this is extremely unlikely.

The disadvantage with (gold) coins for emergency trades is their just too big & the tiniest ones are sold at a massive premium. From this POV small items of hallmarked jewellry would be a better choice - and draw less attention to you as someone worth attacking. A few grams of '375' (9k) gold as earrings or wedding bands can be had for about £10.

I agree that long-life food, equipment etc should be bought first.

Last edited by psych641; 15-11-2008 at 04:01 PM.
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Old 15-11-2008, 04:09 PM   #5
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Very useful. Thanks psych.
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Old 20-11-2008, 12:12 PM   #6
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Default Silver

You'll see from these figures that all it takes is increased investor demand to tip the balance.

http://www.silverinstitute.org/supply_demand.php#supply

Silver Recycling, do the maths.

http://pubs.usgs.gov/circ/c1196n/c1196n.pdf

Ted Butler has been writing about this situation for years. The facts prove him correct.

http://www.investmentrarities.com/tb-archives.html

This is background info on Silver. This silver situation has been brewing for 60 years. Could silver become as valuable as gold? Yes, I think that it's possible.
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http://goldsilver.com/newsletters/newsID/8050/

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Old 21-11-2008, 07:38 PM   #7
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Default Gold News

Swamped by gold demand, Perth Mint stops taking orders
Submitted by cpowell on Fri, 2008-11-21 18:05. Section: Daily Dispatches

By Sarah-Jane Tasker
The Australian, Sydney
Saturday, November 22, 2008

http://www.theaustralian.news.com.au...4,24687337-643...

Fears of the unknown long-term effects from the global financial crisis have sparked a new gold rush.

With retail and wholesale clients around the world stocking up on the precious metal, the Perth Mint has been forced to suspend orders.

As the World Gold Council reported that the dollar demand for gold reached a quarterly record of $US32 billion (A$50.73 billion) in the third quarter, industry insiders said the race to secure physical gold had reached an intensity that had never been witnessed before.

Perth Mint sales and marketing director Ron Currie said the unprecedented demand had forced the Mint to cease orders until January, with staff working seven days a week, 24-hour days, over three shifts to meet orders.

He said Europe was leading the demand, with Russia, Ukraine, Middle East, and US all buying -- making up 80 per cent of its sales. One European client purchased 30,000 ounces for $33 million.

"We have never seen this before and are working right at capacity. And we are seeing it from clients in the shop buying one ounce, right up to 30,000 ounces from overseas clients," Mr Currie said.

Robert Jaggard, manager of bullion and rare coins dealer Jaggards, said business had picked up strongly and he expected it to increase further.

"All around the world there has been a heavy run on physical gold and there is a shortage of supply," he said.

Mr Jaggard, who has been dealing in gold for 40 years and is an agent for the Perth Mint, said some clients were buying up to $1 million worth of gold, paying a premium above the spot price.

Late yesterday afternoon, spot gold in Sydney was trading at $US747.30 an ounce, up $US8.15 on Thursday's local close.

"Professional business people who have previously bought small amounts now want more gold because they are suffering in other markets," Mr Jaggard said.

At a conference this week in Munich, delegates were lined up 30-deep to purchase physical gold. And reports out of the Middle East suggested that there had been unprecedented gold buying in Saudi Arabia during the first half of November, with an estimated $US3.5 billion purchased in recent weeks.

The World Gold Council, releasing its global demand trends yesterday, said identifiable investment demand, which incorporates demand for gold through exchange-traded funds and bars and coins, was the biggest contributor to overall demand during the quarter. It was up to $US10.7 billion, double last year's levels.

The figures showed retail investment demand rose 121 per cent to 232 tonnes in the third quarter, with strong bar and coin buying reported in Swiss, German and US markets.

The quarter also witnessed widespread reports of gold shortages among bullion dealers across the globe, as investors searched for a haven. Overall, quarter three saw Europe reach an all-time record 51 tonnes of bar and coin buying. France became a net investor in gold for the first time since the early 1980s.

World Gold Council chief executive James Burton said gold's universal role as a store of value had shone through during the quarter, helping attract investors and consumers to all forms of gold ownership.

"The rise in demand for gold bars and coins has been impressive," he said.

Demand in India, the largest market for gold, recovered during the third quarter, encouraged by lower gold prices, a good monsoon and the onset of the festive season. At 250 tonnes, total consumer demand was 31 per cent higher than the same period last year. In value terms, demand hit the record quarterly sum of $US5 billion.
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http://goldsilver.com/newsletters/newsID/8050/

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Old 21-11-2008, 08:46 PM   #8
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Quote:
Originally Posted by size_of_light View Post
I'm seriously looking into this.

Why would silver be worth investing in? If the shit hit the fan, seems to me people would instinctively value gold above anything else. Bullion also seems a bit dodgy. Wouldn't small denomination (for trading) gold coins be the best way to go?

The other thing I'm coming around to is that the best place to park your money if there is a near future meltdown is in longlife food, since if society collapses, food is what you'll need, not money, and food (and water - get a water filter ) is virtually the only thing guaranteed to hold it's value in any possible scenario.

The key seems to be in making the shift from thinking about trading shit, and start thinking about how you can ensure your own basic and real wealth, i.e. food, water, shelter, and survival skills.

If we're honest with ourselves, these are fundamentals that we should safeguard before we worry about anything else.

Common sense.
I,m inclined to agree with you, food and water would be my thoughts as well.
I cant see much use in having gold and silver , if things are really bad. I know if food and water are scarce, I dont see alot of sense in parting with it for gold. I,d imagine that bartering for other stuff would be more beneficial.

Just my 2cents.

griswald
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Old 22-11-2008, 05:19 AM   #9
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i also believe the true value of silver [and platinum] has been drastically undermined, either intentionally or unintentionally.

i am planning to purchase a few gold/silver coins over a period of time, but methinks there will be a point when the value of both could dip sharply.

i agree with size of light and psych. great posts/advice, thanks.

Quote:
Originally Posted by icke_is_right View Post
Demand in India, the largest market for gold, recovered during the third quarter, encouraged by lower gold prices, a good monsoon and the onset of the festive season. At 250 tonnes, total consumer demand was 31 per cent higher than the same period last year. In value terms, demand hit the record quarterly sum of $US5 billion.
gold is the rage in india. almost every individual here, whether they are rich or poor, has gold in some form or other. and i find it no coincidence that it is tipped to be the next important player in the 'multipolar' world along with china.

Last edited by pinkfreud; 22-11-2008 at 05:22 AM.
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Old 22-11-2008, 06:25 AM   #10
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Default Gold/Silver

Quote:
Originally Posted by griswald View Post
I,m inclined to agree with you, food and water would be my thoughts as well.
I cant see much use in having gold and silver , if things are really bad. I know if food and water are scarce, I dont see alot of sense in parting with it for gold. I,d imagine that bartering for other stuff would be more beneficial.

Just my 2cents.

griswald
Things are actually quite bad right now. I didn't want to turn this into a thread about if bullion was better than grain/seeds because ultimately it's not; we can't eat bullion.......I'm opting out of their paper money system firstly and it's going to make me better off financially. Talking about food shortages etc., is giving in to a few people who sit around a table and make decisions, we are going to defeat these people. Bullion is empowering because I'm opting out of their system because I understand their system of paper money control. If more people do it, it will undermine their control system.

Secondly, if you have you gone through the information that I posted and have made an informed decision, good on you. The gold price rose over $50 yesterday. I hope these good prices last but I'm skeptical about this.
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http://goldsilver.com/newsletters/newsID/8050/

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Last edited by icke_is_right; 22-11-2008 at 06:27 AM.
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Old 22-11-2008, 06:38 AM   #11
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Default Silver Platinum

Quote:
Originally Posted by pinkfreud View Post
i also believe the true value of silver [and platinum] has been drastically undermined, either intentionally or unintentionally.
I'm adding to my silver 1oz coin reserves presently. I've looked at platinum briefly but don't have an opinion on it. I agree that the drop in value of both looks 'very overdone'. Silver, I know more about that's why I'm happy buying it. In any case, paper cash is trash. I'm converting my trash to real cash.
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Gold $742 Silver $9.52 (at start of G/S thread Nov08')
http://goldsilver.com/newsletters/newsID/8050/

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Old 22-11-2008, 09:24 AM   #12
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Quote:
Originally Posted by icke_is_right View Post
I'm converting my trash to real cash.
Well, you,ve got my attention.
How does the complete novice enter into a world of silver , gold purchasing.

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Old 22-11-2008, 09:56 AM   #13
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Default How to buy Gold and Silver.

www.goldline.co.uk

These people are good. However you can't get silver coins from them. They will post things out to you. They are a bit expensive.

I'm buying my silver coins in Germany from small dealers (I'm not in the UK). I'm paying E12 a coin. There are some on Ebay but they are generally more expensive than this ie £10 approx. US silver eagles seem the most popular but I have Maples, Aussie and a few Mexican 1oz coins.

The forum at Kitco might be a good place to ask further questions.

Gold carries no tax. Silver bars do, the coins I'm buying don't.

In the end the silver market is small. The same old bankers are manipulating the mkt with paper. Buying bullion will help bring their system down, give you something real for you cash and probably increase your wealth. I'm thinking in terms of the next 4 years.


Rich Dad's specialist has his own bullion dealer website in the US where most things seem far better organised and cheaper concerning the purchase of bullion.
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Gold $742 Silver $9.52 (at start of G/S thread Nov08')
http://goldsilver.com/newsletters/newsID/8050/

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Old 22-11-2008, 10:01 AM   #14
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Id love to get some fine silver, but its taxable in the UK.

I think platinum is strongly tied into catalytic converter production, so youd have to be fairly confident in the future of that (or other comparable) technology before getting heavily into it. I think its palladium, where if you check the historical charts there was a MASSIVE spike which lasted for about one year then vanished just as suddenly.

Keep in mind that when you see the price of metals quoted (As in gained/lost $xx /oz) this is the PAPER price, manipulated by TPTB to look weak, you will never find physical material that cheap. The gap between paper & physical prices will widen further as the economic sham unravels.
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Old 22-11-2008, 10:13 AM   #15
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Default Silver

I bit the bullet and paid out tax on bars. I hated this as I am allergic to anything that is the 'system'. I thought, better to be in and then spend time shopping around for cheaper stuff in case prices took off.

In the end, I believe that the people without bullion and in cash will be xxxxed.

I like having real money.
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Gold $742 Silver $9.52 (at start of G/S thread Nov08')
http://goldsilver.com/newsletters/newsID/8050/

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Old 22-11-2008, 10:27 AM   #16
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Default The recent rise of the USD

There's been a dip in prices and it's been referred to as 'deleverage'.

My very simplified (part) version of what happened is this:

Masses of USD based Investment Funds having to buy USD to convert their paper market positions to cash and exit the market. I know that this is a whole lot more complicated but I wish to put it into simple terms.

(I don't believe in Peak Oil. It's just a matter of Opec turning the tap on and off which is why I'd never invest in oil. So I don't take notice of the Oil Price as such).

Soon those dollars will be looking around for a safe haven. No paper money is safe, there is going to be a whole lot more money going into bullion. I believe that these present prices are ridiculously cheap.

Deflation (where prices of goods fall) will be combatted with the printing of more paper currency. If deflation occurs and bullion prices fall, I'll just buy more (if I have anymore trash for conversion!).

Corrections to my views welcome. I just wish to keep things in simple terms.

Cash is Trash!
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Gold $742 Silver $9.52 (at start of G/S thread Nov08')
http://goldsilver.com/newsletters/newsID/8050/

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Old 22-11-2008, 04:51 PM   #17
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Well some novice has to ask the obvious question. How do I seperate the reputable dealers from the bad.

In short how do I know my silver that I purchased with me hard earned dosh ( yeah I know it will soon be worthless is not just a lump of fancy looking lead

Novices are easily ripped off. Are there any safe guards.

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Old 23-11-2008, 07:56 AM   #18
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Default Silver

http://www.royalmint.com/store/catal...srt=DEF&sze=10

Here is an example of a 1oz silver coin direct from the mint. This is lower purity than the ones I have, this one is .958 silver. (I have one of these). Mine are generally .999 silver. You can google different mints around the world to check pictures. Best would be to view some and get the feel of what real money is. After you've handled a few, you'll get a feel for it. Pure silver tarnishes black. Ebay sellers are rated, so find one with an excellent rating or a professional dealer and get hold of proper examples as benchmarks. Best to make sure that they are in good condition. Lot's of mine are in protective plastic holders and look stunning. Silver looks much nicer than gold (in my opinion). My favourites and the Aussie and Mexican though I know that the US Eagles sell the best.

In the end you'd have to ask how worthwhile it would be to make a forged coin and sell it for under £15. I get the feeling that a lot of people just want to get rid of silver at the moment with the latest price drop. Unless you were a dealer selling thousands of coins, what point would there be to sell a single coin or anything under 10's of coins at these prices? Silver has been made almost worthless because governments have been dumping cheap silver on the market for 60 years. They've now just about run out.
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Gold $742 Silver $9.52 (at start of G/S thread Nov08')
http://goldsilver.com/newsletters/newsID/8050/

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Old 24-11-2008, 06:18 AM   #19
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Quote:
Originally Posted by psych641 View Post
I think platinum is strongly tied into catalytic converter production, so youd have to be fairly confident in the future of that (or other comparable) technology before getting heavily into it. I think its palladium, where if you check the historical charts there was a MASSIVE spike which lasted for about one year then vanished just as suddenly.
that is very interesting. i was not aware of that, and now im even more convinced that there is a lot more to platinum than meets the eye.

Quote:
Originally Posted by psych641 View Post
Keep in mind that when you see the price of metals quoted (As in gained/lost $xx /oz) this is the PAPER price, manipulated by TPTB to look weak, you will never find physical material that cheap. The gap between paper & physical prices will widen further as the economic sham unravels.
i agree.

i wonder what is the true value of diamonds though. i remember reading a very good paper (by icke) on the diamond conspiracy, and he says that diamonds are highly overvalued. it seems that gold [maybe even silver, but im not sure] is worth much, much more.

my financial knowledge is zilch, i somehow shut off when talks bout the stock market, shares, debentures, etc etc arise. i find it extremely boring, and im glad icke is right started this thread. it's very informative, thanks. though i cannot help wondering if the ptb will deliberately try to devalue gold over a period of time. what will one do if that ever happens? how will stocking up on gold and precious metals help if the plan to introduce a global e-currency is realised?

i would appreciate if someone could help me with this. i have thought about securing my own future with gold, but i have several financial problems, im all of 20 and yeah, im just broke

Last edited by pinkfreud; 24-11-2008 at 06:22 AM.
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Old 24-11-2008, 05:52 PM   #20
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Default Vid On Potential of the Gold Paper Trade Collapse


Gold/Silver are massively undervalued and manipulated with a huge amount of paper contracts which hold the price down by selling gold short. There isn't the real bullion to back this paper. Gold traders are calling for physical delivery of their gold instead of settling in paper, ie paper contracts for owning it under COMEX rules. Of course this gold doesn't exist. The price of Silver and Gold are likely to skyrocket when the sham is fully exposed for what it is.
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http://goldsilver.com/newsletters/newsID/8050/

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