medium term. will be the greatest buying opportunity of physical in 80 years, but it is coming.
as it has just done, I go the opposite way of the most recent trend. I have yet to miss.
Hey Rich, way to promote that 2 party system that has brought the US to the brink of financial destruction. You have a great mind and I put you up there with Judge judy and Idol watchers.
Because gold is rare, earned, and a protector against inflation, while the dollar is cheap, printed, and abounds in STAGGERING NUMBERS, all while being backed by ABSOLUTELY NOTHING!!! Did that help answer your question?
what do I know besides the fact that I am wrong at least 50% of the time.
The more they drop it, the happier a get. I will gladly take some for physical delivery at the 17-19 range.
The more we stack , the more the short selling banksters get whacked!!!! Eventually, we run dry of silver and it would be suicide to short on paper.
They are fast as shizzle!!!!
hey, I'm not trying to pump. Over the past 2 months, I have been long and short this pigglette more times than I urinate in a week.
US is more than bankrupt. The are bankrupt with IOU's exceeding 17,000,000,000,000.00 dollars. The dollar must be devalued and halved!!!!!!!
Just thought I would ask. Sounds likely, but I don't know how long it would last.
So you are correct. We may see another record in silver coin purchases from the US mint. going to be close, but with some of the turmoil present, we may do it. Gold eagles, not so good.
Coin update. from the coin collecting news Oct 2 2013
"For the second month in a row, sales of the United States Mint's American Gold Eagle bullion coins were sharply lower compared to the level of the prior year. Despite the weakness in gold sales, the American Silver Eagle bullion coins maintained strength and remain on pace for record annual sales.
For the month of September 2013, Gold Eagle bullion sales measured 13,000 troy ounces. The top seller by unit volume was the smallest 1/10 oz sized coins which sold 10,000 units. The largest 1 oz sized coins with sales of 8,500 accounted for the majority of the total weight sold.
The latest monthly sales are down by 81% compared to the year ago period of September 2012 when sales had reached 68,500 ounces. Sales did mark a small gain compared to the prior month when sales registered at a six year low of 11,500 ounces.
September 2013 US Mint Bullion Coin Sales
Sept 2013 YTD 2013
American Gold Eagle 1 oz 8,500 605,000
American Gold Eagle 1/2 oz 5,000 53,000
American Gold Eagle 1/4 oz 4,000 104,000
American Gold Eagle 1/10 oz 10,000 465,000
American Gold Buffalo 1 oz 10,000 200,000
American Silver Eagle 1 oz 3,013,000 36,088,000
America the Beautiful Silver 5 oz 22,900 173,100
American Silver Eagle bullion sales for the month measured 3,013,000 troy ounces. While this is a high monthly total by historical standards, it does represent the lowest monthly sales for the year to date.
The sales figure represents a slight decline from the year ago period when sales reached 3,255,000 ounces and also a decline from the prior month when sales were 3,625,000.
For the year to date, Silver Eagle sales have now reached 36,088,000 ounces. The current annual sales record for the popular bullion coins is 39,868,500 reached in 2011.
During the month, the US Mint also offered the one ounce 24 karat American Gold Buffalo bullion coins, which recorded sales of 10,000 coins.