Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > Survival & Preparedness Forum > Financial Forum
Articles Chat Room Classifieds Donations Gallery Groups Links Store Survival Files



Financial Forum Economics and Precious Metals

Advertise Here
Reply
 
Thread Tools Display Modes
Old 03-07-2013, 03:44 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 10,395
Thanks: 20,739
Thanked 20,767 Times in 7,133 Posts
Default



Advertise Here

The Aztec calendar coins are cool as school, but the premium is stiff. And they're not available everywhere right now except Apmex that I can find. Limited mint of 1500. Something to think about ...





__________________
tailwinds...

Disclaimer: The information I provide is my unaffiliated opinion and not reliable as financial advice. Past performance guarantees SHTF.
The Following 2 Users Say Thank You to txflyer For This Useful Post:
Old 03-07-2013, 03:55 PM
W.Lynn's Avatar
W.Lynn W.Lynn is offline
aging
 
Join Date: Jun 2010
Location: Austin area, Texas
Posts: 6,337
Thanks: 12,363
Thanked 12,472 Times in 4,087 Posts
Default

Very pretty, wish I could afford to think about collectibility and such factors when I make a purchase. But you're right, stiff premiums put me off.
__________________
Resisting organization since 1966.
The Following 2 Users Say Thank You to W.Lynn For This Useful Post:
Old 03-07-2013, 03:59 PM
Silverivalist's Avatar
Silverivalist Silverivalist is offline
.999 Pure BS
 
Join Date: Sep 2012
Location: Mobile, West Coast
Posts: 663
Thanks: 1,022
Thanked 1,170 Times in 485 Posts
Default

Quote:
Originally Posted by txflyboy View Post
The Aztec calendar coins are cool as school, but the premium is stiff. And they're not available everywhere right now except Apmex that I can find. Limited mint of 1500. Something to think about ...

Does that say 1 kilogram? If so that's a little over 32 toz. Wow!
The Following 2 Users Say Thank You to Silverivalist For This Useful Post:
Old 03-07-2013, 04:23 PM
97guns's Avatar
97guns 97guns is offline
Barrio Bajo Seņor
 
Join Date: Nov 2009
Location: in a casino
Posts: 2,925
Thanks: 16
Thanked 3,864 Times in 1,660 Posts
Default

property tax put a crunch on my metal buying this month but i did manage to scrape enough together for 1/2oz of gold, next month my normal buying habits will resume
The Following 3 Users Say Thank You to 97guns For This Useful Post:
Old 03-07-2013, 05:43 PM
Silverivalist's Avatar
Silverivalist Silverivalist is offline
.999 Pure BS
 
Join Date: Sep 2012
Location: Mobile, West Coast
Posts: 663
Thanks: 1,022
Thanked 1,170 Times in 485 Posts
Default

Quote:
Originally Posted by 97guns View Post
property tax put a crunch on my metal buying this month but i did manage to scrape enough together for 1/2oz of gold, next month my normal buying habits will resume
I went to my LCS and bought 33 Silver rounds the other day. To my surprise there was a 2006 $20 NORFED Liberty dollar in the mix and an old style 1984 Libertad.
Think I'll keep these two out of the lake for a while so I can admire them.
The Following 2 Users Say Thank You to Silverivalist For This Useful Post:
Old 03-07-2013, 06:05 PM
PalmettoTree PalmettoTree is offline
Survivor
 
Join Date: Dec 2012
Location: SC
Posts: 4,234
Thanks: 310
Thanked 4,756 Times in 2,228 Posts
Default

Quote:
Originally Posted by txflyboy View Post
Let's take a look at the analyticals.






Wyckoff says the bears still have tech advantage, but there's solid support at $27.92. The RSI and MACD are showing an uptrend with the price bouncing off the lower bollinger confirming the trend.

Usually, when the blue MACD line crosses above the red one, that signifies a bottom has been formed, and an uptrend is likely.
You are correct. There is a bounce signal. There is resistance to going lower but is there volume to take it higher?

I suspect it will flat line here for a time before going lower. A significant drop in gold will will drag silver with it and then stomp it down. There is all indications gold is headed down.
The Following 3 Users Say Thank You to PalmettoTree For This Useful Post:
Old 03-07-2013, 06:10 PM
97guns's Avatar
97guns 97guns is offline
Barrio Bajo Seņor
 
Join Date: Nov 2009
Location: in a casino
Posts: 2,925
Thanks: 16
Thanked 3,864 Times in 1,660 Posts
Default

Quote:
Originally Posted by Silverivalist View Post
I went to my LCS and bought 33 Silver rounds the other day. To my surprise there was a 2006 $20 NORFED Liberty dollar in the mix and an old style 1984 Libertad.
Think I'll keep these two out of the lake for a while so I can admire them.


do an ebay search on that norfed, it might be pulling 4-5X what you paid
The Following 2 Users Say Thank You to 97guns For This Useful Post:
Old 03-07-2013, 06:16 PM
Silverivalist's Avatar
Silverivalist Silverivalist is offline
.999 Pure BS
 
Join Date: Sep 2012
Location: Mobile, West Coast
Posts: 663
Thanks: 1,022
Thanked 1,170 Times in 485 Posts
Default

Quote:
Originally Posted by 97guns View Post
do an ebay search on that norfed, it might be pulling 4-5X what you paid
Couldn't find one the same year, but they do seem to fetch quite a premium.
The Following 2 Users Say Thank You to Silverivalist For This Useful Post:
Old 03-07-2013, 07:47 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 10,395
Thanks: 20,739
Thanked 20,767 Times in 7,133 Posts
Default

Quote:
Originally Posted by PalmettoTree View Post
You are correct. There is a bounce signal. There is resistance to going lower but is there volume to take it higher?

I suspect it will flat line here for a time before going lower. A significant drop in gold will will drag silver with it and then stomp it down. There is all indications gold is headed down.

Since I started this thread, If one wants to venture that PMs can be predicted at all, this has to be the about the most unpredictable spot we've been in to my recollection. ...

I use to could read several sites and get a handle on silvers price direction with a certain degree of accuracy, but now I'm stumped. When I think it's going up, it goes down, and vice versa.

I've all but given up predicting silver's direction and just report what I see like the news with maybe an opinion. Albeit, that opinion is biased because I like silver.


http://www.kitco.com/reports/KitcoNe...0307JW_pm.html

Quote:
The most important U.S. economic report of the month, the employment situation report for February, is due out Friday morning. The key non-farm payroll number is expected to come in at up 157,000, while the unemployment rate is forecast at 7.8%. Look for more active trading in the gold and silver markets in the immediate aftermath of Friday morning’s jobs report. China issues its monthly trade data on Friday, and that data, too, will be closely monitored.
__________________
tailwinds...

Disclaimer: The information I provide is my unaffiliated opinion and not reliable as financial advice. Past performance guarantees SHTF.
The Following 5 Users Say Thank You to txflyer For This Useful Post:
Old 03-07-2013, 07:54 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 10,395
Thanks: 20,739
Thanked 20,767 Times in 7,133 Posts
Default




I finally recieved my last order from Provident for my snakes today. I put that order in on 2/15. This is the longest they have ever taken to ship. But I ordered gold too, so that may have done it....

Anybody running into longer delays?
__________________
tailwinds...

Disclaimer: The information I provide is my unaffiliated opinion and not reliable as financial advice. Past performance guarantees SHTF.
The Following 2 Users Say Thank You to txflyer For This Useful Post:
Old 03-07-2013, 08:26 PM
PalmettoTree PalmettoTree is offline
Survivor
 
Join Date: Dec 2012
Location: SC
Posts: 4,234
Thanks: 310
Thanked 4,756 Times in 2,228 Posts
Default

Quote:
Originally Posted by txflyboy View Post
Since I started this thread, If one wants to venture that PMs can be predicted at all, this has to be the about the most unpredictable spot we've been in to my recollection. ...

I use to could read several sites and get a handle on silvers price direction with a certain degree of accuracy, but now I'm stumped. When I think it's going up, it goes down, and vice versa.

I've all but given up predicting silver's direction and just report what I see like the news with maybe an opinion. Albeit, that opinion is biased because I like silver.


http://www.kitco.com/reports/KitcoNe...0307JW_pm.html
That is what happens with all short term predictors of the market place. As soon as a mass of people latch on to a predictor the big boys find a way to trump the prediction.

No one can make the marketplace reverse long term trends. There are too many long term independent influences that create tops and bottoms. Gold and silver has had a good run but people with out discipline lose interest. They are either shoe boxing the little PMs they have of selling for the next video game.
The Following 4 Users Say Thank You to PalmettoTree For This Useful Post:
Old 03-07-2013, 08:42 PM
Wayson's Avatar
Wayson Wayson is offline
Fertilizer Producer
 
Join Date: Oct 2012
Location: People's Republic of California
Posts: 2,593
Thanks: 4,174
Thanked 6,194 Times in 1,843 Posts
Default

Let PMs dive. Let them crash into the sewer.

Stacking gives an substantial advantage over people day-trading in metals. We can dollar-cost average our purchases, and fluctuations downwards simply mean that we can get more for less. Of course, we're also tying up a lot of our wealth in a handful of commodities, but the long-term power of inflation means that the overall value of our stack will be at least the same as we paid for it.
The Following 6 Users Say Thank You to Wayson For This Useful Post:
Old 03-07-2013, 08:44 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 10,395
Thanks: 20,739
Thanked 20,767 Times in 7,133 Posts
Default Ben Bernanke? I ****ed him .... Ohhhhh!

Ahhhh, my precious. My shiny. I'm holding a ten ouncer here and oh my freakin' God! I need help ... anybody got any thorozine? ...










Little miss muffet sat on her tuffet, eating her curds and whey, along came a spider that sat down beside her, and said " hey!!!, whatcha got in the bowl bitch?!"
__________________
tailwinds...

Disclaimer: The information I provide is my unaffiliated opinion and not reliable as financial advice. Past performance guarantees SHTF.
The Following 2 Users Say Thank You to txflyer For This Useful Post:
Old 03-07-2013, 10:10 PM
alisium's Avatar
alisium alisium is offline
Trapper
 
Join Date: Jul 2011
Location: Sadly... in Washington.
Posts: 977
Thanks: 932
Thanked 1,331 Times in 566 Posts
Default

The Following 2 Users Say Thank You to alisium For This Useful Post:
Old 03-07-2013, 10:43 PM
jdode's Avatar
jdode jdode is offline
Red Dot Patrol
 
Join Date: Feb 2013
Location: MO
Posts: 2,874
Thanks: 7,488
Thanked 8,463 Times in 2,478 Posts
Default

When you put the PM in a plastic bag, hold the bag and gently tap the PM with a metal tapper, does it ring everywhere that you tap it or does it have a dull sound in the center?
The Following 2 Users Say Thank You to jdode For This Useful Post:
Old 03-07-2013, 10:55 PM
PA_Robert PA_Robert is offline
Hunter
 
Join Date: Sep 2008
Location: PA
Posts: 1,701
Thanks: 700
Thanked 2,941 Times in 1,084 Posts
Default

The 10oz's are nice. Just got my first ones last week. You can hold 10 ASE's but it isn't the same as one chunk of silver.
The Following 2 Users Say Thank You to PA_Robert For This Useful Post:
Old 03-07-2013, 10:57 PM
Silverivalist's Avatar
Silverivalist Silverivalist is offline
.999 Pure BS
 
Join Date: Sep 2012
Location: Mobile, West Coast
Posts: 663
Thanks: 1,022
Thanked 1,170 Times in 485 Posts
Default

Did someone mention Soothsayers?

Century 8: Quatrain 28

Les simulacres d'or & argent enflez,
Qu'apres le rapt au lac furent gettez
Au desouvert estaincts tous & troublez.
Au marbre script prescript intergetez.

The copies of gold and silver inflated,
which after the theft were thrown into the lake,
at the discovery that all is exhausted and dissipated
by the debt.
All scrips and bonds will be wiped out.

~Nostradamus
The Following 4 Users Say Thank You to Silverivalist For This Useful Post:
Old 03-08-2013, 01:44 AM
bill97222 bill97222 is offline
Member
 
Join Date: Apr 2011
Posts: 93
Thanks: 2
Thanked 146 Times in 49 Posts
Default

Quote:
Originally Posted by mefunkymxw View Post
correct... for the last poster, i think $1.50 face value is roughly equal to 1 toz of silver...

15 dimes, 6 quarters, 3 halves or any combination thereof that totals 1.50
I keep seeing .715 troy oz per $1 face value...

1 divided by .715 equals 1.40... I get $1.40 per ounce, or 5 oz per $7 face value.

Hopefully someone can confirm this because I've spent a little bit of time accumulating $140 face... all the while reckoning that I was amassing 100 oz.
The Following 3 Users Say Thank You to bill97222 For This Useful Post:
Old 03-08-2013, 01:54 AM
seeya seeya is offline
Hunter
 
Join Date: May 2011
Posts: 1,158
Thanks: 1,210
Thanked 1,092 Times in 580 Posts
Default

Quote:
Originally Posted by jdode View Post
When you put the PM in a plastic bag, hold the bag and gently tap the PM with a metal tapper, does it ring everywhere that you tap it or does it have a dull sound in the center?
Think of it as a drum. depending on the shape and where you hit it it will change sounds. Sorry i cannt really answer your question.Do a magnet test if you want to be sure. thats if your talking about pure metal.
The Following 2 Users Say Thank You to seeya For This Useful Post:
Old 03-08-2013, 08:02 AM
spameggsbaconandspam's Avatar
spameggsbaconandspam spameggsbaconandspam is offline
Survivor
 
Join Date: Dec 2011
Location: Tampa, FL
Posts: 2,396
Thanks: 3,055
Thanked 5,112 Times in 1,814 Posts
Default

txflyboy, I see that picture of the OPM gold bar and I can't help but think it's slightly ironic (Other People's Money) given the glacial pace of gold repatriation that is happening right now around the world.


Quote:
Originally Posted by Wayson View Post

Stacking gives an substantial advantage over people day-trading in metals.
Hey, I resemble that remark. I think I get what your saying, I know people that buy the ETFs but no physical for example. That being said, there is definitely room for one to trade and hold physical at the same time. I can short a dip and then place an order for physical with the proceeds. It's almost as good as free bullion.
The Following User Says Thank You to spameggsbaconandspam For This Useful Post:
Reply

Bookmarks



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Canada issues $20 silver coin for trade = $116 silver carlnpa Financial Forum 24 10-30-2012 10:08 AM
Physical Silver is Really $50 per Ounce (80% Premium on COMEX Silver Non-Delivery) Branned Financial Forum 24 10-24-2012 07:54 AM
Calculator For Actual Silver Content Value of US Silver Coins XS29L General Discussion 10 05-08-2012 11:22 AM
TRENDING: Nugent threatens death if Obama wins in November matty86suk Political News and Discussion 101 04-20-2012 03:17 PM
Private Full-Service Silver Mints producing Silver Generic Rounds Branned Financial Forum 0 04-30-2011 10:40 PM


All times are GMT -5. The time now is 01:07 AM.


Powered by vBulletin®
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.
Copyright Kevin Felts 2006 - 2012,
Green theme by http://www.themesbydesign.net