Author Topic: Just commodities  (Read 44137 times)

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Online Libertas

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Re: Just commodities
« Reply #560 on: November 05, 2014, 08:20:18 AM »

Premiums on rounds are about 2% less than there were three weeks ago for rounds off 100 or more and 20 or more!

Yeah, if you don't own shiny rocks this may be a good time to get more.. but they are going to suppress the crap out of these going forward..as the charts show - they aren't even trying to hide it anymore.  Best execution, ha. .

the premiums on junk silver are the highest I have ever seen them.. $2.49/oz. ( and that is for the big bags..) It was under 20 Cents/oz before Obama...

I go for the 1oz rounds, less of a premium bite, but yeah, nowhere near as rosey as pre-Obola!
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Re: Just commodities
« Reply #561 on: November 10, 2014, 07:42:57 AM »
"This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.' - Ayn Rand, 1966

H/T - http://www.zerohedge.com/news/2014-11-08/gold-economic-freedom

And the manipulators just keep getting away with it...

http://www.zerohedge.com/news/2014-11-09/what-happens-when-trying-get-bottom-ubs-gold-rigging-scandal

...surprised he didn't get suicided...maybe later?

Nice menacing name though, All Hail Flotron!   ::hysterical::

Get physical, screw the markets.
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Re: Just commodities
« Reply #562 on: November 14, 2014, 08:11:25 AM »
Interesting read on how the PTBs manipuate paper gold to suppress the real thing...the best counter for which is to buy the real thing, something intelligent people know and a strategy that feeds into the hands of our enemies like China, and now Russia is joining in on the fun.
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Offline warpmine

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Re: Just commodities
« Reply #563 on: November 17, 2014, 07:28:04 AM »
Interesting read on how the PTBs manipuate paper gold to suppress the real thing...the best counter for which is to buy the real thing, something intelligent people know and a strategy that feeds into the hands of our enemies like China, and now Russia is joining in on the fun.
Problem is it's getting harder to find the stuff. The reason probably rests with the fact that the suppression is keeping the real stuff from hitting the market. Who wants to mine something when it costs more to mine than to sell, it's basic economics. There was no ounce singles at the market this weekend and that says plenty.

The US mint has run out of domestic silver to produce Eagles and they must buy it within the confines of the USA. Besides, Eagles were still produced with the silver at $32/oz thus their high price compared to the spot price. Remember when prices of WTI crude went as low as $10/brl un the 90's? Those oil fields stop producing until price went back up to profitable levels. I'm sure the same thing is happening now with PM.

Even though fuel prices have lowered some, the cost of mining hasn't really changed all that much in terms of labor and machinery maintenance which is still higher because of the govt constantly f**king with the value of fiat currency. When will it all end?
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Online Libertas

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Re: Just commodities
« Reply #564 on: November 17, 2014, 07:50:32 AM »
Interesting read on how the PTBs manipuate paper gold to suppress the real thing...the best counter for which is to buy the real thing, something intelligent people know and a strategy that feeds into the hands of our enemies like China, and now Russia is joining in on the fun.
Problem is it's getting harder to find the stuff. The reason probably rests with the fact that the suppression is keeping the real stuff from hitting the market. Who wants to mine something when it costs more to mine than to sell, it's basic economics. There was no ounce singles at the market this weekend and that says plenty.

The US mint has run out of domestic silver to produce Eagles and they must buy it within the confines of the USA. Besides, Eagles were still produced with the silver at $32/oz thus their high price compared to the spot price. Remember when prices of WTI crude went as low as $10/brl un the 90's? Those oil fields stop producing until price went back up to profitable levels. I'm sure the same thing is happening now with PM.

Even though fuel prices have lowered some, the cost of mining hasn't really changed all that much in terms of labor and machinery maintenance which is still higher because of the govt constantly f**king with the value of fiat currency. When will it all end?

There is a rough equality of oil and mineral extraction costs and behavior, like wells, mines will be "capped" if market prices have dropped too low to support new production, and people in these industries are patient and not usually cavalier in their cash management, but the cost of malicious regulation and manipulation cannot be underestimated and the real cost most will see is the laying off of workers.  And since smart people (and governments) have been snapping up physical stocks, perhaps the situation I have been waiting for is starting to manifest itself - the drying up of physical stores availble for purchase.  Retail is the lower rung of the ladder, once institutional availability and then international/governmental availability is threatened, then we'll see something!  But it is hard to tell if this is a momentary blip.  I have seen this many times the past several years, and the PTBs will step aside a bit and let prices float back up to where production resumes and some physical flow commences.  Until the mines stay closed and physical inventories dry up, this will not end.



ETA - It is an interesting day in Gold news...

First, apparently The Fed put the 'ol brakes on Germany repatriating all their gold held in the US...the big unanswered question being...how much really is there left to them or anybody else?

Second, the Euro's are BSing about buying gold, what they are buying is more Neo-Keynesian BS!

Third, Gold Guru Eric Sprott seems to be thinking along my lines..."I think a true price recovery has got to come from the physical market first. When the mint says they don’t have any more silver coins, that's a good sign there’s more demand than supply. Maybe folks start figuring it out then.  To me, the biggest win will be if there is a delivery failure. If somebody says we were promised some gold we didn’t get it. And that could happen -- I mean we just can’t have China continue to buy 60 tons a week. That's impossible."

http://www.zerohedge.com/news/2014-11-16/eric-sprott-global-gold-demand-overwhelming-supply

Yup.   ::popcorn::
« Last Edit: November 17, 2014, 08:36:13 AM by Libertas »
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Re: Just commodities
« Reply #565 on: November 21, 2014, 07:56:02 AM »
Huh.  The Dutch got 122 tons out of 33 Liberty...and Germany only got 5...

http://www.zerohedge.com/news/2014-11-21/gold-repatriation-stunner-dutch-central-bank-secretly-withdrew-122-tons-gold-new-yor

Well, sure...reduced inventory means the underground vault tunnel between the Fed and JP Morgan must be awfully damned budy keeping the shell game going!

Yah, your stash is here, says the Fed, see?!  Next day, yah, your stash is here, says JPM, see?! 

 ::hysterical::
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Offline Weisshaupt

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Re: Just commodities
« Reply #566 on: November 21, 2014, 09:07:41 AM »
Premium on Junk Silver at APMEX today is $3.29/oz.  I have never seen it that high... andthe Treasury has no more Silver Eagles to sell.. but there is nothing to see here. Move along.


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Re: Just commodities
« Reply #567 on: November 21, 2014, 10:25:00 AM »
Big Bro - "Damn your eyes!"

Yeah, nothing to see here.

 ::unknowncomic::
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Re: Just commodities
« Reply #568 on: December 12, 2014, 07:37:58 AM »
CME PM Circuit Breaker Plan

 ::saywhat::

Is this better named the "let's bend over the PM producers policy"?

Seriously?  It would be justified and not the least bit hilarious to see some big players, burn through the rest of their capital and extract (for themselves) what they can, and then blow the whole operation up in a giant fireball and walk away!  Basically go Galt like Wyatt did in Atlas Shrugged!

It's hard to image what will make Ann Barnhardt go more nuclear, this CME stunt or the Cromnibus vote?
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Re: Just commodities
« Reply #569 on: December 17, 2014, 07:35:08 AM »
Interesting story here...wealth and power, how big shots use inside info to beat profitable retreats...and the whole physical gold thing and establishing clear ownership of course...

http://www.zerohedge.com/news/2014-12-16/commodity-trading-giant-exits-physical-gold-due-lack-physical-documented-origin

Pretty simple moral to this story, hasn't changed since time began...if it isn't in your hand, it might not exist!!!
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Offline Glock32

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Re: Just commodities
« Reply #570 on: December 17, 2014, 01:07:34 PM »
Yeah, in Barnhardt's words "if you can't stand in front of it with an assault rifle, it ain't yours."
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Re: Just commodities
« Reply #571 on: December 17, 2014, 02:50:08 PM »
Heh. I likey that one. 
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Re: Just commodities
« Reply #572 on: December 23, 2014, 08:15:52 AM »
Intersting infographic on silver, stuff most people probably know but interesting to review.  My mother remembers her folks keeping silver dollars in rain barrels to keep it bacteria free.



H/T - http://www.zerohedge.com/news/2014-12-22/many-phases-silver-part-1
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Re: Just commodities
« Reply #573 on: January 20, 2015, 08:30:28 AM »
Germans, among others, repatriating more of their gold holdings.

http://www.zerohedge.com/news/2015-01-19/bundesbank-resumes-gold-repatriation-transfers-120-tonnes-physical-gold-paris-and-ny

Wonder where NY and Paris came up with it?  I'd check it for tungsten, just in case!
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Re: Just commodities
« Reply #575 on: February 26, 2015, 02:49:08 PM »
Haven't checked premiums in a while...fricken 2-3 x's what they were two months ago!!!   ::cussing::
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Re: Just commodities
« Reply #576 on: March 27, 2015, 02:27:04 PM »
Goldman yells "Peak Gold"!

But have we seen peak manipulation in the kabuki paper markets yet, that's the real question!

http://www.zerohedge.com/news/2015-03-27/peak-gold-goldman-calculates-there-only-20-years-gold-supply-left

The good news appears to be peak uranium is nowhere near...and with everybody wanting a nuke, the future looks radioactively bright.
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Re: Just commodities
« Reply #577 on: April 23, 2015, 07:02:08 AM »
The CFTC's latest casino tool - The Layering Algorithm

http://www.zerohedge.com/news/2015-04-22/dear-cftc-market-manipulating-spoofing-taking-place-e-mini-just-today

Hey, where can I get me one of those?

Whattaya mean not for sheeple use?  Who you callin' a sheeple?!

 ::rockets::
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Re: Just commodities
« Reply #578 on: May 15, 2015, 07:44:59 AM »
http://www.zerohedge.com/news/2015-05-14/trouble-cash

Yup.  Pretty soon currency won't be worth a damn for anything other than wiping bottoms and starting fires.
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Re: Just commodities
« Reply #579 on: May 19, 2015, 07:35:04 AM »
I guess weed is a commodity, even if it is not legally traded everywhere...

 ::pimp::

Hey, does Oregon do online sales?

 ::hysterical::
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