P.S. Sorry I am not reporting on the Maple leafs or any other coins .. Im not a Canadian or any other nationality .. Just a proud American so I report only on the eagles... Show you are a proud American and buy a monster box of silver : )
But I would like to report that Apmex restocked their shelves again today back up to 100 monster boxes of silver and it would seem that already 10 boxes are missing. LOL
Great Idiot mines think alike, LOL Don't forget to tell me when you are up this way in Sept so I can pick you up and take you out to eat...
LMAO.. Yup... I can see CLEAR AS DAY... I just hope it takes another few years : ) Im Greedy like that. LOL I can part with all the extra money I have now and sit on silver and gold for a long long time... But with that said I wouldn't mind in my lifetime to see it go parabolic either ... Retire way early and build a nice ranch for myself ... With a nice bass pond and enough land that puts distance from me and the next guy... No more City living for me : )
( oz. / #coins )
Don't single me out for being an Idiot. LOL Looks like I am in a pretty good boat load of Idiots. LMFAO : )
I sure as heck didn't buy all these coins...
Wait until the rest of the 99.5 % of the population gets a clue and joins in... I look at it like this... All those TV Ads and internet ads Aren't going to continue to run if they aren't getting any sales increases from them... After all it costs money to run those adds... So obviously they are selling / Reaching out to more people... And with all the Uncertainty thats going around in the world Im surprised we haven't seen any Explosion yet in sales. With that said We both know they can't keep selling at a deficit in real supply chain... And recycling can't continue if no money to be made... Todays world relies on the silver they recycle just to keep afloat and not to run ito to big of a deficit... To make up for the Deficit in silver its got to be coming from someones hands... My guess has always been JP And the comex... But when they run dry its all over... I said this before and will stick to it... Not until the last ounce of silver is out of their greedy hands will this change. My Belief ... The paper game will not exist once this silver market collapses.
They managed to re load the shelves back up to 99 boxes... So seems no shortages of silver as of yet... This year is going to show some impressive sales as for the eagles and maples .. That is a certain... I bet also a certain will be Recycling of silver falling yet again... One has to think how much longer can they continue to keep this going ? Mining out of the ground 8 to 1 compared to gold... Silver selling a ratio of 75 to 1 compared to gold and a ratio of 75 to 1 sales compared to gold Also a Deficit of supply to demand last few years... So how long / Years of extra supply do they have left to fill a void in supply ? I think the only way we stackers will find that out is when we see Empty shelves... No Silver for sale...
Yup , These Fools just don't get it.... I like to post about Apmex to show just how fast Monster boxes gets taken off the shelves... It also kind of shows its coming from many different investors ... Probably not like what Ted Butler suggested that JPM is the buyer of most of these eagle sales... I highly doubt he is right... I suppose Maples record sales as well according to him ... My belief is JP buys just to dump what they can to make sure no shortages... Paer lose would be MUCH bigger to them then a lose on their silver short... Keep in mind if they are the massive owner of roughly 1 billion ounces then they would want a hedge also in the real world market...
My thoughts are eventually the system will collapse but its going to take a lot more stackers to do it... That Or many mines fold shop as industrial and investment demand rises.
OK So as to your own statement I guess this means we are in a Next bull run since they were not able to take it down...
Boy I really got you bothered don't I .. LMFAO... Cry baby... Glad they re stocked the shelves... Now lets see just how fast the shelves gets emptied again... Numb nuts...
Honestly billy I think we need to see an actual physical shortage until we see silver go up significantly . I think the paper game has already showed itself that it / they won't stop at anything other then an actual shortage before letting silver go back up... Look at the Billion plus ounces that are already shorted. The euro will collapse making the dollar look strong but the dollar will follow suit as Jobs gets killed with a strong dollar . Forcing the feds to do more stimulus and more bond buying... Its going to be a very ugly ending ... Perhaps taking years to unravel ...
I have always recommended to layer in and use only money you don't need for a long time... Actual Shortage of silver can acute in many ways. Slow down of world economy can cause silver mining to slow immensely . Fiat collapse could trigger massive flight to safety ... In the end all metals will soar.. As of right now Buying has picked up.. Just keep looking to see if supplies can keep up with demand...
My thinking is JPM And the comex have to completely run out of silver where this is no more to give to hide an actual Real Shortage. Right now for several years we ran a deficit in silver... Had to be coming from somewhere to fill the void right ? Used to be gubment stock piles.. So where from now ? My guess was from what I said . JP And company.. I don't think this can keep up for to long. All it will take is few more 100 k of stackers and its game over.
Rank Country External debt
US dollars Date Per capita
US dollars % of GDP
1 United States 18,540,448,667,000 20 June 2015 58,437 106
2 United Kingdom 9,590,995,000,000 31 March 2014 160,158 406
3 France 5,750,152,000,000 31 March 2014 86,317 222
4 Germany 5,546,869,000,000 31 March 2014 68,720 145
5 Luxembourg[note 1] 3,472,282,000,000 31 March 2014 3,696,467 3,443
6 China 3,000,000,000,000 31 December 2013 2,220.57 37.5
7 Japan 2,861,488,000,000 31 March 2014 24,000 60
8 Italy 2,651,413,000,000 31 March 2014 est. 43,621 124
9 Ireland 2,639,672,886,310 30 September 2014 52,227 103
10 Netherlands 2,526,895,000,000 31 March 2014 226,503 316
11 Spain 2,305,648,000,000 31 March 2014 52,045 167
12 Switzerland 1,610,897,000,000 31 March 2014 154,063 229
13 Australia 1,395,638,000,000 31 March 2014 est. 52,596 95
14 Canada 1,337,445,000,000 31 March 2014 est. 29,625 92
15 Belgium 1,286,918,000,000 31 March 2014 113,603 266
16 Hong Kong 1,231,233,000,000 31 March 2014 est. 105,420 334
17 Sweden 1,145,785,000,000 31 March 2014 91,487 187
18 Austria 820,010,000,000 31 March 2014 90,128 200
19 Norway 737,118,000,000 31 March 2014 131,220 141
20 Russian Federation 599,819,000,000 31 March 2014 3,634 23
21 Denmark 593,221,000,000 31 March 2014 101,084 180
22 Portugal 548,800,000,000 30 June 2011 47,835 223
23 India 455,900,000,000 31 September 2014 est. 1,626 22.795
24 Brazil 428,300,000,000 31 December 2012 est. 1,608 15
25 South Korea 425,353,000,000 31 March 2014 est. 7,567
26 Turkey 407,100,000,000 31 December 2014 5,240 48
27 Greece 360,000,000,000 30 June 2015 47,636 174
Finland 139,700,000,000 24 March 2015 25,627 94
28 Mexico 352,900,000,000 31 December 2012 est. 1,956 20
29 Sweden 326,000,000,000 20 January 2014 6,586 47
Singapore 322,240,983,607 15 March 2015 56,436.87 93.8
Taiwan 265,406,557,377 15 March 2015 11,455.93 45.6
30 Indonesia 298,100,000,000 31 March 2015 est. 3,534 32.91
is listed at 175 % Next in line who is a a bit bigger population then Greece is Italy with a 132 % to gdp debt load... So how much longer will it take before the Debt loose is around Italy's Neck ?
So How much more will they need to short to get this back to 10 dollars ounce ? Perhaps another billion ?
Fiat currencies are taking a big hit .. Its going to be very interesting to watch all this unfold in the next few years ... I figure another few countries like Greece will take the hit and once again put pressure on the euro and help make the dollar look as if its strong... Our debt will continue to rise as the Fed once again does yet another round of q/e bond buying... Back and forth back and forth until basically there is nothing left to do but collapse...
Who is your guess who will miss the ping pong ball first ? China ? Russia ? Japan ? Germany ? USA ? Are will they all go one after the other in a nice musical Jaws sound effect ?