Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The “Zero Hour” Scenario (Default On Precious Metals)
The Daily Reckoning ^ | 3-10-2013 | Addison Wiggin

Posted on 03/10/2013 9:40:58 AM PDT by blam

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-70 next last
To: Roccus

Bring back US manufacturing, and none of this discussion would be necessary.

Stop exporting US jobs.


21 posted on 03/10/2013 12:05:40 PM PDT by Cringing Negativism Network
[ Post Reply | Private Reply | To 20 | View Replies]

To: Cringing Negativism Network

Thanks for your astute answer to my question.


22 posted on 03/10/2013 12:06:35 PM PDT by Roccus
[ Post Reply | Private Reply | To 21 | View Replies]

To: Roccus

You are welcome.

For 30 years we have been sending US jobs abroad. We have switched places with China.

Except China owns all the manufacturing we are sending there.

We are creating history’s largest problem, right now.


23 posted on 03/10/2013 12:15:16 PM PDT by Cringing Negativism Network
[ Post Reply | Private Reply | To 22 | View Replies]

To: darth
Silly story. It is totally easy and reliable to purchase precious metals through the mail and have no one within a thousand miles of you know or care what that package was that you got on Friday.
24 posted on 03/10/2013 12:19:55 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 11 | View Replies]

To: Roccus
The American Gold Eagle contains 1.0 troy ounce of gold. You may be confused and misled by the fact that the coin itself weights 1.09 oz.
25 posted on 03/10/2013 12:27:10 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 20 | View Replies]

To: Go_Raiders

If you wish to invest in gold stocks, that’s fine. Although I own PMs and have invested in and traded PM stocks in the past, I do not like them now. That doesn’t mean I may return to them in future...but I think investing in them is kind of wrong now. That’s just my opinion.

But GDX is IMHO absolute poison. GDX is a Goldman Sachs fund and they use it to short mining stocks by shorting the whole sector. It is poorly diversified, about 12% ABX and about 12% GG, the rest little snippets of about 1% or less of many other companies. I heartily unrecommend it.


26 posted on 03/10/2013 12:28:41 PM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: hinckley buzzard

Thank you. I was unaware that the coin weighed more than 1 troy oz.


27 posted on 03/10/2013 12:33:54 PM PDT by Roccus
[ Post Reply | Private Reply | To 25 | View Replies]

To: Roccus
"Thank you. I was unaware that the coin weighed more than 1 troy oz."

The South African Krugerrand is 1.1 ounces, 1.0 ounces is gold and the other .1 ounce is copper. Pure gold is to soft to make into coins without an alloy. The copper gives the Kruggerrand it's distinctive 'red' hue. I bought many of these in the early 90's for $382.00 each.

I wish I had kept more of them than I did.

28 posted on 03/10/2013 12:50:50 PM PDT by blam
[ Post Reply | Private Reply | To 27 | View Replies]

To: chuckles; Diana in Wisconsin; Boogieman; BipolarBob; yldstrk; nodakkid; Aquamarine; BenLurkin; ...

ping


29 posted on 03/10/2013 12:51:35 PM PDT by dennisw (too much of a good thing is a bad thing --- Joe Pine)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

I lost mine when my dumb neighbor stood up and my bass boat tipped over.


30 posted on 03/10/2013 1:00:31 PM PDT by dennisw (too much of a good thing is a bad thing --- Joe Pine)
[ Post Reply | Private Reply | To 28 | View Replies]

To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...

Goldbug ping.


31 posted on 03/10/2013 1:04:44 PM PDT by Jet Jaguar
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Looks like some folks want more of that gold money in stocks and bonds for now.


32 posted on 03/10/2013 1:33:36 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: doc11355

PM = precious metals, not just gold and silver but also palladium and platinum


33 posted on 03/10/2013 2:29:56 PM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Yo-Yo
"So what is the answer? Get creative with your home remodeling." Gov people have tools to search your premises that you might noy know about, or even believe. Get VERY creative. TC
34 posted on 03/10/2013 2:30:24 PM PDT by Pentagon Leatherneck
[ Post Reply | Private Reply | To 14 | View Replies]

To: Roccus

You have to buy them from somebody on the USG’s list of dealers, who are themselves charged three or four percent to start with. You can’t buy them direct from the mint or the treasury.


35 posted on 03/10/2013 2:32:09 PM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
[ Post Reply | Private Reply | To 20 | View Replies]

To: jiggyboy

Thanks, but not looking to. I’m in Philharmonics.


36 posted on 03/10/2013 3:20:28 PM PDT by Roccus
[ Post Reply | Private Reply | To 35 | View Replies]

To: blam
Pure gold is to soft to make into coins without an alloy.

My Philharmonics say 99.99% or am I missing something?

37 posted on 03/10/2013 3:23:02 PM PDT by Roccus
[ Post Reply | Private Reply | To 28 | View Replies]

To: hinckley buzzard

What part was silly?

My friend did keep her mouth shut.

She told no one. I am her friend and business partner and I had no idea that she had physical PMs until after the incident.

She did everything right and still almost got murdered. Her only screwup was not being armed 24X7. She and hubby were unarmed when the surprise stickup went down.

My point is that when you order PMs from another state, someone at UPS/Fedex knows that a package left a PM seller and went to a particular address. It could be a driver, clerk, manager, or whatever.

Or it could be an employee of the bullion seller who sells the info on the black market for money. It could have been a bank employee who knows what credit cards numbers and addresses are tied to bullion sales.

So how do you practice OPSEC?


38 posted on 03/10/2013 5:05:38 PM PDT by darth
[ Post Reply | Private Reply | To 24 | View Replies]

To: doc11355

PM = precious metal, i.e., gold silver platinum


39 posted on 03/10/2013 5:06:44 PM PDT by darth
[ Post Reply | Private Reply | To 18 | View Replies]

To: All

Who Owns The Federal Reserve?
The Fed is privately owned. Its shareholders are private banks

http://www.globalresearch.ca/who-owns-the-federal-reserve/10489


40 posted on 03/10/2013 5:08:51 PM PDT by dennisw (too much of a good thing is a bad thing --- Joe Pine)
[ Post Reply | Private Reply | To 38 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-70 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson