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HOLY CRAPOLA .... SILVER / GOLD vanishing from the market

 
Anonymous Coward
User ID: 522863
United States
10/11/2008 05:45 AM
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HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Ive been buying GOLD and SILVER for over 24 months now

every 3 months i had been buying the same amount

1 - 1000 dollar face bag of 90% silver us coins
10 ounces of gold in 1/10 - 1/4 - 1/2 and 1 ounce american eagles and krugerands

.... there has never been a problem until Tried to order this quarters batch today....

My regular dealer APMEX was out of all 90% coins and Eagles and Kruggerands ... i was like dam thats wierd...

I proceeded to just go /shrug ill just get them from MONEX or BLANCHARD ETC this time .... NO ONE HAS THEM

NO ONE HAS THEM

NO ONE HAS THEM

let that sink in a minute!!!!!

now if they are all out of stock and have back orders ...

there is two strange and scary thoughts that come to my mind...

1.) the gold and silver run is ON!!!

2.) but gold and silver particularly SILVER is way down this month .... how the f&^k is it down if you cant even buy it now!!! sounds like MANIPULATION by TPTB through Short selling so the real run on gold and silver is not percieved by the general public til its to late


hope im wrong but for me not to be able to order my regular order ANYWHERE is STRANGE .... STRANGE INDEED

Idol1
Anonymous Coward
User ID: 357775
Netherlands
10/11/2008 06:18 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Announced in the news in the netherlands: no more gold available for private investors...no link, will check.
Anonymous Coward
User ID: 509564
Malaysia
10/11/2008 06:21 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Yup bought up by all those who think gold will retain its value. It's just a commodity, might as well buy copper and tin, at least then you can make bronze knifes and swords. Easier to make than the iron stuff if the SHTF.
Anonymous Coward
User ID: 509564
Malaysia
10/11/2008 06:22 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
well you can still go buy hundreds of wedding rings!
Anonymous Coward
User ID: 357775
Netherlands
10/11/2008 06:23 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
found a link but only in Dutch:

[link to www.rtl.nl]
Anonymous Coward
User ID: 523145
Israel
10/11/2008 06:26 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Quick! Go tell Steve Q!
But watch out, he's a bit grumpy these days...
Took ma head clean off!
And I'm not Hawk-o!
Anonymous Coward
User ID: 509564
Malaysia
10/11/2008 06:27 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
basically says that they are running behind due to big demand. Will have new supply in 2 weeks ... no big deal, you can pre-order today.
only in the Netherlands ... nothing about rest of world
Anonymous Coward
User ID: 10867
United States
10/11/2008 06:28 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
when you really think about it wont take a lot of money to make physical PM's vanish.

hiding
Anonymous Coward
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Netherlands
10/11/2008 06:29 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
basically says that they are running behind due to big demand. Will have new supply in 2 weeks ... no big deal, you can pre-order today.
only in the Netherlands ... nothing about rest of world
 Quoting: Anonymous Coward 509564


You are right. I posted with netherlands in mind but that does not show from my post. Thanks!
Anonymous Coward
User ID: 509564
Malaysia
10/11/2008 06:30 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
mining for gold keeps going on all over the world, gold used a lot in electronics, plenty of it available.
R (OP)
User ID: 522863
United States
10/11/2008 06:48 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
PLENTY AVAILABLE?

lol research before you spout fact

google how much gold is above ground and been mined since the begining of time as we know it...

might make you think in another direction

silver is in even less supply than gold

.... some of you posted as if its a renewable resource lol

... watch this topic ... you heard it here first
Anonymous Coward
User ID: 523242
United States
10/11/2008 06:52 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
bump
Anonymous Coward
User ID: 523244
United States
10/11/2008 06:58 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Strange, isn't it? Not too long ago, silver was selling for around $20/oz. Now it's around $10 per oz. But nobody can buy it because it can't be found. Hmmmmm.
.
Anonymous Coward
User ID: 520471
New Zealand
10/11/2008 07:00 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
yes this is true, we have run out of available silver for sale for private investors in new zealand!!!!
Our mint has said they cannot get anymore until early next year at the best... 1kg, 10oz and 1oz coins all gone, best to try EBAY.
Did you notice the price difference for fabricated to paper silver?
There is amazing silver manipulation going on: [link to www.pmilimited.com]
PROOF, look at their BUY/BIDDING PRICE, every one is trying to get it, even the big boys!
R (OP)
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United States
10/11/2008 07:11 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Strange, isn't it? Not too long ago, silver was selling for around $20/oz. Now it's around $10 per oz. But nobody can buy it because it can't be found. Hmmmmm.
.
 Quoting: Anonymous Coward 523244



exactly my point ... EVIDENCE of serosu surpression ... there has been a battle between gold/silver and FIAT currancies sicne the federal reserve came into being in 1913 ....

The World Bank and all the central banks of the world inclusing our fedearl reserve FEAR GOLD / SILVER becuase it is the only ...

TRUE ECONIMIC FREEDOM one can have and ECONOMIC FREEDOM is the ONLY TRUE FREEDOM ... all other freedoms arise from ECONOMIC FREEDOM ... research learn what your founding fathers knew and "thought they had" placed in the constitution ... read the DIRE WARNING from the founding fathers about banks and NOT ALLOWING THEM TO HAVE CONTROL OVER A NATIONS MONEY SUPPLY....

READ WHAT ABRAHAM LINCOLN SAID ABOUT THE ROTHCHILDS and and central banks getting there grubby hands into the american market and the importance of a gold standard on money ...

LINCOLN FOUGHT HARD to stive off the rothchild banks from setting up shop in america after the cival war !!!!

LEARN your history people ... the history TPTB dont want you to be aware of....

HENRY FORD SAID " its is a good thing that the people do not understand our nations banking system ... for if they did there would be revolt in the streets overnight"


THERE IS A REASON thomas jefferson told future generations of americans to NEVER ALLOW PRIVATE BANKS TO CONTROL OUR NATIONS MONEY SUPPLY ... ( whcihc they now do its called the FEDERAL RESERVE - no the FEDERAL RESERVE IS NOT A GOVERNMENT AGENANCY )

The whole SYSTEM IS DESIGNED OVER A PERIOD OF 100-200 years to rob the world of its wealth and lay it in the hands of very very very very small gorup of people ... the proverbial POWERS THAT BE -- THERE IS NO INFLATION when a currancy is based on silver and gold as our founding fathers intended ... INFLATION - robbing the wealth of the PEOPLE over time

THIS IS NOT HARD TO UNDERSTAND

if you put time into researching how it all works ... its a shell game ... one your losing and dont care or dont understand.....
Anonymous Coward
User ID: 521329
Belarus
10/11/2008 07:12 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
1500+ gold coming soon.
Anonymous Coward
User ID: 10867
United States
10/11/2008 07:13 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Financial Sense NewsHour
with
Martin Goldberg
Technical

Gary Dorsch
Economy

Joe Dancy
Energy

David Morgan
Metals

[link to www.financialsense.com]

Great listing
Anonymous Coward
User ID: 10867
United States
10/11/2008 07:26 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
looks like a Physical market squeeze, shake the physical metal from weak hands.


Idol1
Anonymous Coward
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10/11/2008 07:38 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Germans Stockpiling Gold Amid Market Panic
08.10.2008
German gold dealers have stopped taking new orders for the precious metal as demand has skyrocketed. Gold is seen as a safe investment during the market turmoil. In uncertain economic times, Germans are dumping stocks and shares to take refuge in precious metal, accoring to a Wednesday article in a Berlin newspaper. German gold dealers report running low on stocks of gold bars and coins. Heiko Ganss, head of the Berlin branch of gold merchant Pro Aurum, told the Berliner Zeitung newspaper that most gold traders were refusing new orders, as they couldn't meet the current demand. "Demand is running well above our capacity to supply," he was quoted saying, saying retail banks in Germany were also unable to meet demand.
Address : < [link to www.dw-world.de]
Jeremiah175

User ID: 523066
United States
10/11/2008 07:43 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Private ownership of gold was declared illegal during the great depression.

JVS

The Roosevelt Gold Confiscation Order Of April 3 1933.
... number 6102, confiscated all privately held Gold in the United States on April 5, ... 2 and the person holding it is, with respect to such gold coin or bullion, ...
www.the-privateer.com/1933-gold-confiscation.html - Cached


Great Depression: Definition from Answers.com
... into the Great Depression the private ownership of gold was declared illegal and ... economy was still not balanced enough for Germany to work on its own. ...
www.answers.com/topic/great-depression - 170k - Cached


Great Depression - Wikipedia, the free encyclopedia
... the Great Depression, the private ownership of gold was declared illegal, ... Harper Lee's To Kill a Mockingbird is set during the Great Depression. ...
en.wikipedia.org/wiki/The_great_depression - 155k - Cached


Great Depression
... into the Great Depression the private ownership of gold was declared illegal and ... Harper Lee's To Kill a Mockingbird was set during the Great Depression. ...
schools-wikipedia.org/wp/g/Great_Depression.htm - 59k - Cached


The Gold Confiscation Issue
During the absolute bottom of the gut-wrenching depression
which followed the ... Orders making it illegal for private citizens to own gold were in effect ...
www.gold-eagle.com/editorials_04/willis112804.html - Cached


The Great Depression and its Results
During the period of the Great Depression and for some years afterwards the ... Each nation sought to improve its own condition and some of the selfish measures ...
mars.wnec.edu/~grempel/courses/world/lectures/depressionresul​ts.html - Cached


CNN.com - Auction brings $7.6 million for 'Double Eagle' - July 30, 2002
... 1933, in the depths of the Great Depression, during the first year of Franklin D. ... This coin was illegal to own, and in fact clearly had been stolen ...
archives.cnn.com/2002/US/07/30/double.eagle - Cached


Kitco - Exclusive Commentaries
... compare the reaction of gold stocks to that which occurred during the great 1929 ... However, after making it illegal for Americans to own gold a year earlier, in ...
www.kitco.com/ind/appel/apr282005.html - Cached
www.thebreach.us
Doominator
User ID: 162364
United States
10/11/2008 07:45 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Stockpiling gold and silver may not be such a smart thing to do with TPTB/manipulation able to break precious metal investors, too. Gold just took a big drop and soon you will be crying when food and water are worth way more: [link to www.kitco.com]
Anonymous Coward
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Australia
10/11/2008 07:49 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Stockpiling gold and silver may not be such a smart thing to do with TPTB/manipulation able to break precious metal investors, too. Gold just took a big drop and soon you will be crying when food and water are worth way more: [link to www.kitco.com]
 Quoting: Doominator 162364



If you can't afford/find gold, buy food and water.
Anonymous Coward
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United States
10/11/2008 07:51 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Gold Prices May Spike
Within the gold complex, there is a disparity between the paper market and the physical market, notes Jurg Kiener, CEO of Swiss Asia Capital. He tells CNBC's Maura Fogarty & Rebecca Meehan that if the paper market collapses, gold prices may double very quickly.

[link to www.cnbc.com]
Jeremiah175

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10/11/2008 08:03 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
The Gold Confiscation Of April 5, 1933
From: President of the United States Franklin Delano Roosevelt
To: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102
Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled

An Act to provide relief in the existing national emergency in banking, and for other purposes~',

in which amendatory Act Congress declared that a serious emergency exists,

I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section to do hereby prohibit the hoarding gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations and hereby prescribe the following regulations for carrying out the purposes of the order:

Section 1. For the purpose of this regulation, the term 'hoarding" means the withdrawal and withholding of gold coin, gold bullion, and gold certificates from the recognized and customary channels of trade. The term "person" means any individual, partnership, association or corporation.

Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:

(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.

(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins.

(c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.

(d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.

Section 3. Until otherwise ordered any person becoming the owner of any gold coin, gold bullion, and gold certificates after April 28, 1933, shall within three days after receipt thereof, deliver the same in the manner prescribed in Section 2; unless such gold coin, gold bullion, and gold certificates are held for any of the purposes specified in paragraphs (a),(b) or (c) of Section 2; or unless such gold coin, gold bullion is held for purposes specified in paragraph (d) of Section 2 and the person holding it is, with respect to such gold coin or bullion, a licensee or applicant for license pending action thereon.

Section 4. Upon receipt of gold coin, gold bullion, or gold certificates delivered to it in accordance with Section 2 or 3, the Federal reserve bank or member bank will pay thereof an equivalent amount of any other form of coin or currency coined or issued under the laws of the Unites States.

Section 5. Member banks shall deliver alt gold coin, gold bullion, and gold certificates owned or received by them (other than as exempted under the provisions of Section 2) to the Federal reserve banks of there respective districts and receive credit or payment thereof.

Section 6. The Secretary of the Treasury, out of the sum made available to the President by Section 501 of the Act of March 9, 1933, will in all proper cases pay the reasonable costs of transportation of gold coin, gold bullion, and gold certificates delivered to a member bank or Federal reserve bank in accordance with Sections 2, 3, or 5 hereof, including the cost of insurance, protection, and such other incidental costs as may be necessary, upon production of satisfactory evidence of such costs. Voucher forms for this purpose may be procured from Federal reserve banks.

Section 7. In cases where the delivery of gold coin, gold bullion, or gold certificates by the owners thereof within the time set forth above will involve extraordinary hardship or difficulty, the Secretary of the Treasury may, in his discretion, extend the time within which such delivery must be made. Applications for such extensions must be made in writing under oath; addressed to the Secretary of the Treasury and filed with a Federal reserve bank. Each applications must state the date to which the extension is desired, the amount and location of the gold coin, gold bullion, and gold certificates in respect of which such application is made and the facts showing extension to be necessary to avoid extraordinary hardship or difficulty.

Section 8. The Secretary of the Treasury is hereby authorized and empowered to issue such further regulations as he may deem necessary to carry the purposes of this order and to issue licenses there under, through such officers or agencies as he may designate, including licenses permitting the Federal reserve banks and member banks of the Federal Reserve System, in return for an equivalent amount of other coin, currency or credit, to deliver, earmark or hold in trust gold coin or bullion to or for persons showing the need for same for any of the purposes specified in paragraphs (a), (c), and (d) of Section 2 of these regulations.

Section 9. Whoever willfully violates any provision of this Executive Order or these regulation or of any rule, regulation or license issued there under may be fined not more than $10,000, or,if a natural person may be imprisoned for not more than ten years or both; and any officer, director, or agent of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both.

This order and these regulations may be modified or revoked at any time.
/s/
Franklin D. Roosevelt
President of the United States of America
April 5, 1933
www.thebreach.us
R (OP)
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10/11/2008 08:08 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
THIS SAYS IT ALL !!!

PLEASE READ THIS SAYS IT ALL


Silver End Game?
by Stephen Kovaka, CPA | September 4, 2008
Print
WHAT WE NOW KNOW

Taking a very long view, it is clear that Government/ Banking cartels have colluded for well over a century to exclude gold and silver from monetary systems worldwide. One country after another demonetized silver in favor of gold, and then gold in favor of fiat or debt money. At the same time national stocks of silver around the world have been dissipated, sold at giveaway prices as part of a long term plan to hold down the price of silver and gold, and preventing any possibility of an easy return to circulating silver coinage. The CRIMEX silver futures market has proven to be a de facto price setting mechanism masquerading as a free market, also aimed at holding down the price of silver. And all this, just to put some lipstick on the debt money pig. With this as background, let's take a look at recent developments in the silver markets.

In spite of the cartel’s strenuous efforts, silver and gold have maintained one important competitive advantage over debt money: they have intrinsic value because they have to be mined at considerable cost. They represent a way of escape from inflationary wealth redistribution, as even Alan Greenspan has admitted. But this is also a major reason why they disappeared from circulation: few would pay with real wealth when debt money is accepted and mandated in its place. The current bull market in precious metals has highlighted the possibility of investing in gold and silver as alternatives to financial instruments. The cartel cannot allow this trend to gain too much momentum.

The cartel's reaction has been two fold: work to cap any price increases, while creating high volatility, especially to the down side. This pits two important properties of money against one another: store of value and stability of value. Those who invested in gold and silver in recent years bought assets that have appreciated against debt money over the past seven years, but at the cost of increased risk and decreased flexibility. One might have to wait a year or more to be certain of profiting from a precious metals investment, and the future value of the investment is made much more uncertain. It becomes necessary to wait for and identify good buying and selling points. Sell too soon and you might even end up with a loss. In short, the repeated sudden plunges in value deter many from buying silver and gold, who might otherwise be attracted by the recent returns.

In spite of this however, prices have risen. Silver and gold have proven to be superior investments in recent years when compared with stocks and bond. But the recent retail shortage of silver has brought some new possibilities into view. Since we know that we are working against powerful entities whose fixed purpose has been to eliminate precious metals from the monetary and investment scene, we have to consider the possibility that the anomalous retail silver shortage is not an unforeseen side effect, but a deliberate policy. What could the purpose of such a policy be?

DEVIL’S ADVOCATE

What if the intent of the retail product shortage is to cap the silver bull market by simply removing the product? If there is nothing to buy, how are new buyers going to enter the market? How are retail dealers going to earn a living? Without a healthy network of retail dealers, how can there be a market for silver investors to sell into? The end result would be to prevent any further distribution of remaining centrally controlled silver stockpiles into the hands of growing numbers of retail investors. Physical ownership of silver would then be limited to the few wealthy investors who could afford to deal in 1,000 oz. bars. And going back to our premises above, centralizing of gold and silver in the hands of cartel members has long been a fixed purpose of their policy. They simply do not want silver and gold widely dispersed into retail hands, because this disperses power back to the people.

How is it that after months of reported shortages, new supplies of retail products are not forthcoming? Some have said that it is merely a manufacturing problem, that increased production levels take time. But really, how much time does it take to melt down 1,000 ounce bars and recast them into 100 oz. bars, or stamp them into coin blanks? Free markets are remarkably adept at detecting and meeting demand, provided that prices are allowed to rise. Are the existing production facilities working overtime to supply the demand? Are 1,000 oz. bars being melted to make retail product? Is newly refined silver being cast into 10 and 100 oz. bars to meet retail demand? The answer to these questions is clearly NO. Instead, we have seen recent reports that retail silver dealers and manufacturing operations are actually closing down. In my view, when a Perth Mint employee reports that “wholesale bars are available but only in wholesale quantities, i.e. 20 TONS of silver or 1 TON of gold”, that is telling me that retail customers, even large ones, are being locked out in the cold. “Yes, we have beef for sale, but only by the herd.”

One answer might be that nobody wants to sell silver at the current low prices. This has a certain logic, in that few current owners of retail form silver want to sell at $13/oz. Of course not! These are the very people who want to buy more silver at bargain prices. But industrial users are buying silver every day in bulk, at whatever price the CRIMEX determines. So it would be only to retail buyers that nobody wants to sell silver at these low prices. And remember, supplies have been drying up all year, even when prices touched $21/oz. There is no evidence that any serious efforts have been made to increase supplies of retail silver.

Surely what we are seeing are de facto price controls an unacknowledged allocation of a scarce resource to larger, more favored (wholesale)customers. Because sustained high prices are a requirement for increasing supplies, this shortage is unlikely to be corrected soon, certainly not while prices are held below the cost of primary production by the permanent short interest at the CRIMEX.

Commentators have often forecast the day when a massive flight from financial investments and debt money into silver and gold would drive prices up to stratospheric levels. The shortage of retail products may represent the cartel's attempt at solving that “problem”: you simply make the product unavailable to the large majority of investors. Then the retail market for silver withers away, and retail investors have no means to bid up the price of real silver. A market can become so negligibly small that it no longer has any effect on price or investment allocations.

In its place, we find such schemes as the exchange traded funds SLV and GLD. These might be thought of as CRIMEX v2.0, a more retail oriented product that retains the essential feature of paper silver, namely the ability to create additional supplies from nothing, as needed. This is simply fractional reserve banking dressed up as an ETF. It also keeps the existing 1,000 oz. silver bars right there in the bullion bank vaults where they belong, thereby enabling the bullion banks and metals dealers to continue controlling the price.

Silver's fundamentals are extraordinary, but a primary bull market needs more than fundamentals. It also needs a steady supply of new buyers who are attracted by rising prices. It needs promotion to communicate the opportunity to these new buyers. And it needs a reliable supply of the product. I am reminded of the federal government's unemployment reports, in which those who remain unemployed too long are labeled “discouraged workers” and conveniently removed from the statistics. If the current shortage of retail products continues, will we begin to see discouraged silver investors giving up on investing in silver, or becoming buyers of paper silver instead?

A RAY OF HOPE?

It is not wise for a person to take counsel of his fears, and I must admit that this view risks attributing too much power to what Ted Butler has called “the silver managers”. Nor am I saying that my speculation is true, only that it is logical. Personally, I would be more than happy to see it demonstrated to be false. Let the free market supply a cornucopia of silver in 100 oz. bars and coins! But given that the silver managers have clearly demonstrated their power by dropping the price of silver more than 25% in the first half of August, in the face of visible shortages, we have to consider the possibility that the shortage of retail silver is intentional. Perhaps it is only a part of window dressing the American economy before the November election, and will soon be remedied after the incumbents have all been reelected.

It is an article of faith that market forces always triumph over intervention, manipulation and price fixing. To be realistic, we would have to add “in the long run” to that statement, and the long run can easily exceed the usual investment time frame. Concentrated political power is capable of simply ignoring market forces for long periods of time, as witness Soviet Russia in the 20th century. I think that the silver managers would certainly like to dry up the retail market, but only time will tell whether they are able to do it.

Looking on the bright side, I do see GoldMoney and Bullion Vault (I have no connection whatever with either business) as ways that retail investors can still buy small amounts of gold and silver at the current bargain prices and own them in allocated accounts. This avoids the shortage of silver and gold in retail form. In this way, the demand of small retail buyers is transmitted into the otherwise inaccessible “big bar” wholesale market, and can help to move prices higher whether or not silver is produced and sold in coin or small bar form. When supplies of retail product come back on the market, accounts at either business could easily be sold and the funds used to buy the smaller coins and bars if desired. In my view, these businesses are far superior to the SLV or GLD exchange traded funds, because the represent a demand for real gold and silver that cannot be readily shorted.

Nevertheless, I still maintain that concentrated hoards of gold and silver in the hands of political power are a serious problem for freedom that will only be solved when that metal is once again placed into circulation with the general public. When you buy retail size silver and take it home, you are diminishing the stockpiles that the silver managers use to control the price. Maybe they are beginning to worry about that.
Anonymous Coward
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10/11/2008 08:17 AM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Strange, isn't it? Not too long ago, silver was selling for around $20/oz. Now it's around $10 per oz. But nobody can buy it because it can't be found. Hmmmmm.

 Quoting: Anonymous Coward 523244

Silver is for sale, cheap !!

There IS NO cheap Silver for sale.....
Anonymous Coward (OP)
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10/11/2008 01:11 PM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
bump

This is a very important thread to all the people of the world ... even if they do not understand what is happening it doesnt change the fact that shady things indeed are occuring in the metals market
Anonymous Coward
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10/11/2008 02:10 PM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
bump
ANNONYMOUS
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10/11/2008 02:26 PM
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Re: HOLY CRAPOLA .... SILVER / GOLD vanishing from the market
Strange, isn't it? Not too long ago, silver was selling for around $20/oz. Now it's around $10 per oz. But nobody can buy it because it can't be found. Hmmmmm.


Silver is for sale, cheap !!

There IS NO cheap Silver for sale.....
 Quoting: Anonymous Coward 523277


What most of you here seem to have missed is that the prices you are quoting come from the COMEX. They aren't trading the real thing here it is 98% paper trades. They deal in PAPER gold and silver. This market is being constantly manipulated. The real price for actual metal has already begun to disconnect from the ersatz paper prices.





GLP