1 posted on
04/10/2010 12:07:38 AM PDT by
dennisw
To: dennisw
Much of the gold sold of late has been a paper promise. If you don't have the gold in hand, you may have nothing but an empty promise. Silver is probably getting more attention due to the inability to get gold physically in hand. It appears South Africa is about to go the way of Zimbabwe. That will cause additional scarcity for metals mined in that country.
2 posted on
04/10/2010 12:15:52 AM PDT by
Myrddin
To: dennisw
They are predicting another summer of $100+ oil. I expect many will be dumping to invest in natural resource stocks and gold/silver.
4 posted on
04/10/2010 12:33:33 AM PDT by
Proud_USA_Republican
("The problem with socialism is that you eventually run out of other people's money.")
To: dennisw
Ive ridden three silver bubbles since the Hunt’s tried to corner the market I going to sit this one out...
To: dennisw
40% of all silver is used for industrial applications, 30% for jewelry, 20% for photography and other uses, and only 5% or so for coins and medals.Color me skeptical. Hard to believe 20% of silver production is still used for photography.
7 posted on
04/10/2010 1:49:46 AM PDT by
NautiNurse
(ObamaCare uses Bernie Madoff threory of economics)
To: dennisw
In other words, we just reached the point where virtually all U.S. silver production is going toward the manufacturing of Silver Eagles. Yikes. There is a shortage of all types of bullions, and more buyers wanting fast delivery.
9 posted on
04/10/2010 2:52:53 AM PDT by
BlackVeil
To: pepperdog
10 posted on
04/10/2010 3:43:03 AM PDT by
Coldwater Creek
("We must have pie. Stress cannot exist in the presence of pie." David Mamet)
To: dennisw
If there is a monetary collapse. a silver Eagle will be easier to spend than a gold Eagle. It’s the difference between spending a $ 20 bill and a $ 1000 bill.
I figure I could buy at least a day’s groceries with one silver Eagle.
11 posted on
04/10/2010 3:53:31 AM PDT by
Malesherbes
(Sauve qui peut)
To: blam
To: dennisw
16 posted on
04/10/2010 4:52:24 AM PDT by
Caipirabob
(Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
To: All; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian
goldbug ping
Mail me to get on or off the Free Republic Goldbug Ping List.
23 posted on
04/10/2010 6:06:04 AM PDT by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: dennisw
I am hoarding anything made of silver because gold isn’t available, also copper.
29 posted on
04/10/2010 6:12:46 AM PDT by
Eye of Unk
("In a time of universal deceit, telling the truth becomes a revolutionary act" G.Orwell)
To: dennisw
Not only do they kill werewolves but they are great for obamzies looking obamamoney
31 posted on
04/10/2010 6:15:09 AM PDT by
usmcobra
(Your chances of dying in bed are reduced by getting out of it, but most people still die in bed)
To: dennisw
I've switched from gold and silver to the other precious metals - brass and lead.
Once a Boy Scout, always a Boy Scout.
Be prepared. Zombie apocalypse is my best bet, YMMV.
39 posted on
04/10/2010 6:42:21 AM PDT by
Jim Noble
(Let tyrants shake their iron rod, and slavery clank her galling chains)
To: dennisw
Because nobody can afford the American dollar?
62 posted on
04/19/2010 9:13:05 PM PDT by
Randy Larsen
( BTW, If I offend you! Please let me know, I may want to offend you again!(FR #1690))
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson