It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Weisshaupt on May 11, 2012, 03:09:35 PM

Title: Buy on the Dip?
Post by: Weisshaupt on May 11, 2012, 03:09:35 PM

So I was thinking, maybe I should buy more silver on this dip.. and went out to Apmex to check things out..

I have been watching Premiums on $500 bags of junk silver to get a gauge on what real physical is going for.  The premium today is $0.85 an oz. On $100 bags its a full $1.00.   I have NEVER seen them this high.  Just another sign that the end of this charade is near.

Title: Re: Buy on the Dip?
Post by: charlesoakwood on May 11, 2012, 07:26:20 PM

Appears they are jacking the premium to take advantage of a situation,
Their version of raising the margin call.  It's not as if the example hasn't
been set.

Title: Re: Buy on the Dip?
Post by: AlanS on May 12, 2012, 09:25:07 AM

Quote from: Charles Oakwood on May 11, 2012, 07:26:20 PM

Appears they are jacking the premium to take advantage of a situation,
Their version of raising the margin call.  It's not as if the example hasn't
been set.

The Hunt brothers come to mind.

Title: Re: Buy on the Dip?
Post by: Libertas on May 13, 2012, 06:32:24 PM

Plus, could be more dipping before next QE hits...haven't even hit the summer swoon...I'm going to wait out a bit more.

Title: Re: Buy on the Dip?
Post by: Predator Don on May 14, 2012, 08:44:25 AM

Wait.....wait....

Title: Re: Buy on the Dip?
Post by: charlesoakwood on May 14, 2012, 10:53:22 AM

Sept 02, 2011 it was $43.25 then it hit the skids by Sept 30, it was $29.97
it's $28.44 at the moment.  Waiting is an option.
 

Title: Re: Buy on the Dip?
Post by: Libertas on May 14, 2012, 12:14:30 PM

No wonder gold is dropping...PTB's want the IMF to catch a break...

http://www.zerohedge.com/news/meet-latest-converted-gold-bug-imf (http://www.zerohedge.com/news/meet-latest-converted-gold-bug-imf)

 ::)